Lobito rail resumes Congo copper shipments after flood repairs
Lobito Atlantic Railway received its first copper shipment from the DRC in about two months after repairing flood-damaged track, restoring a key Congolese export route.
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Lobito Atlantic Railway received its first copper shipment from the DRC in about two months after repairing flood-damaged track, restoring a key Congolese export route.
Turaco Gold has completed a pre-feasibility study for its Afema project in Côte d'Ivoire, outlining a 10.3-year mine producing about 200,000 ounces of gold a year.
Lobito Atlantic Railway has resumed carrying Congolese copper after floods in Angola's Benguela province cut the line in April 2026, restoring a key mineral export route to the Atlantic.
South Africa's mineral sales reached R332bn in the four months to April 2026, up 36.5% year-on-year, with the Minerals Council projecting full-year sales near R995.5bn.
Trafigura, Aurubis and Kamoa Copper completed the first sale of low-carbon refined copper shipped from the DRC to Europe via the Lobito Atlantic Railway.
Wood Mackenzie estimated that sulphur supply disruption from the Iran war could remove up to 125,000 tonnes of copper output in the DRC, as acid prices more than doubled.
Zimbabwe delivered 3,951kg of gold to Fidelity Gold Refinery in May 2026, up 18.8% from April and the highest monthly total of the year so far.
Elevate Uranium has lifted the uranium resource at its Marenica project in Namibia by 31% to 52.8 million pounds, taking its total Namibian resource base above 116 million pounds.
Caledonia Mining released 2025 drilling results from its Motapa property in Zimbabwe, including 19m at 8.08g/t, and said a maiden resource would follow in the third quarter of 2026.
Zambia's power utility ZESCO says the country's electricity supply is stable and nationwide load management will not return this year, citing improved hydro, thermal and solar generation.
BMI cut its platinum and palladium price forecasts in mid-2026, citing shrinking global car sales and a recovering South African PGM supply chain.
South Africa's government has proposed a 25% export tax on raw chrome ore and new permitting requirements, aiming to revive a ferrochrome smelting industry that has shrunk from 66 furnaces to just 11.
Workers at CMOC's Tenke Fungurume copper-cobalt mine returned to work after the company threatened dismissal over a strike sparked by a disputed labour agreement.
Guinea's bauxite exports keep setting records in 2026, but free-on-board prices have slid to around $38-39 a dry tonne as oversupply and rising freight costs squeeze producer margins.
Resolute Mining said Syama would produce only about 30,000oz in the June quarter, well below the 40,000-45,000oz expected, after security problems in Mali disrupted equipment deliveries and explosives supply.
Mopani Copper Mines said it has no plan to export concentrate under Zambia's latest duty waiver, despite receiving the largest allocation of 100,000t, and will instead feed its own smelter.
Transnet Port Terminals has finished testing a new R4bn tippler at Saldanha Bay, the terminal that handles about 96% of South Africa's iron-ore exports, with full handover due in September 2026.
Wesizwe Platinum will cut about 497 of its 706 employees as it scraps a phased ramp-up at its Bakubung mine in favour of jumping directly to 3.5 million tonnes a year of ore.
Ivanhoe Mines' Kipushi mine in the DRC set a new monthly zinc production record in May, putting it on course to become the world's fourth-largest zinc producer this year.
Zambia has extended its 10% export duty waiver on copper concentrate to 30 September 2026, covering almost 272,000 tonnes, as smelter maintenance and outages limit domestic processing capacity.
Central banks made net gold purchases of 19 tonnes in April 2026, World Gold Council data published on 3 June showed, with Poland the largest single buyer.
Iron ore exports from Guinea's Simandou project reached 2.2 million tonnes in May, up from a record 1.3 million tonnes in April, suggesting bottlenecks at the Morébaya port are starting to ease.
Konkola Copper Mines began a planned 60-day maintenance shutdown of its Nchanga smelter on 29 May, with work scheduled to run to 25 July as part of Vedanta's modernisation plan.
Pan African Resources said on 1 June 2026 that annual gold production would rise about 40% to roughly 275,000oz, at the lower end of guidance, as surface retreatment operations outperformed a slower Tennant ramp-up.