Angola floods halt Lobito Corridor rail, disrupting Congo copper exports
Flooding in western Angola suspended rail traffic on the Lobito Corridor, disrupting a key export route for copper and cobalt from the DRC to the Atlantic port of Lobito.
Flooding in western Angola suspended rail traffic on the Lobito Corridor, disrupting a key export route for copper and cobalt from the DRC to the Atlantic port of Lobito.
First Quantum Minerals says its $500m, 430MW wind-and-solar project with Total Eren and Chariot for its Kansanshi and Sentinel mines in Zambia remains on track, creating over 1,200 construction jobs.
Hyphen Hydrogen Energy says it will spend N$54bn with Namibian companies on its Tsau Khaeb green hydrogen project, as it works toward a 2026 final investment decision following RWE's exit as a prospective buyer.
JPMorgan forecast a 2026 refined copper deficit of about 330,000 tonnes and an average price near $12,075 a tonne, while raising its long-term forecast to $12,000 a tonne.
Richards Bay Minerals and Voltalia have commissioned the 148MW Bolobedu solar farm in Limpopo, which will supply about 300GWh a year of renewable power to RBM's KwaZulu-Natal mineral sands operations.
Robex Resources poured 39,367 ounces of gold in the first quarter at its Kiniero mine in Guinea, its first full quarter since reaching commercial production in February 2026.
State-owned Zimbabwe Consolidated Diamond Company used proceeds from a recent diamond sale to fund operations, as it pushes toward a 5 million carat production target for 2026.
Chinese copper producers CMOC and Zijin have taken equity stakes in the venture rebuilding TAZARA, the railway linking Zambia's copperbelt to Dar es Salaam, under a $1.24bn, 30-year concession.
Ivanhoe Mines shocked investors by cutting 2026 guidance at Kamoa-Kakula to 290,000-330,000 tonnes and 2027 guidance to 380,000-420,000 tonnes, citing a more conservative mine plan.
Tharisa set off its first underground blast at the Apollo portal on 31 March 2026, beginning a transition from open-pit to underground mining that the company says will extend its mine's life by decades.
Valterra Platinum's annual reporting suite said the hydrogen economy was set to be a broad, strongly growing demand sector for the PGMs it produces, citing partnerships with TotalEnergies and Johnson Matthey.
Kenmare Resources cut 15% of staff at its Moma titanium minerals mine in Mozambique and suspended its dividend after gross profit plunged 79% and a $301.3m impairment pushed it to a $325m net loss.
Central banks bought about 863 tonnes of gold in 2025 and were forecast to buy roughly 850 tonnes in 2026, a pace of official demand that has helped underpin record prices.
Ivanhoe Mines made its first copper export via the Lobito Corridor, shipping high-purity anodes from its new Kamoa-Kakula smelter to Germany's Aurubis for low-carbon refining.
South Africa's Supreme Court of Appeal has dismissed Eskom's bid to keep its coal and diesel supply contracts secret, upholding a High Court order that the utility disclose them.
Thungela Resources reported a R7.1bn net loss for 2025 after taking an R8.8bn asset impairment, as export coal prices fell 20% in South Africa and 17% at its Australian Ensham mine.
An investigation linked pollution and community health risks near CMOC's Tenke Fungurume copper-cobalt mine to cobalt entering the supply chains of major automakers.
World Bank financing for the DRC's Inga 3 hydropower project took effect on 2 February 2026, prompting President Tshisekedi to order cooperation agreements finalised within 60 days.
Ghana's Parliament has ratified the mining lease for Atlantic Lithium's Ewoyaa project, a de-risking milestone the company's chief executive called a watershed moment for the country's lithium ambitions.
With PGM prices and producer share prices both sharply higher, South African platinum executives said they remain focused on debt reduction and brownfields projects rather than new mine investment.
Envusa Energy's 240MW Mooi Plaats solar plant has begun commercial operation, supplying wheeled renewable power to Anglo American-linked miners Kumba Iron Ore, De Beers and Valterra Platinum.
Gem Diamonds wrote down the carrying value of its Letseng mine in Lesotho by $77.5m and posted a $104m annual loss as revenue fell 36% amid the diamond market downturn.
Lucara Diamond recovered a 36.92-carat Type IIb blue diamond from stockpiled ore at its Karowe mine in Botswana, only the second such find since operations began.
West Wits Mining achieved its maiden gold pour from the Qala Shallows project on 17 March 2026, marking South Africa's first new underground gold mine in 15 years.