International News

A deepening diplomatic row has erupted over a leaked draft memorandum of understanding between Washington and Lusaka, suggesting that a US$1 billion health financing package may be tied to aggressive concessions in Zambia’s mining sector. The controversy centres on allegations that the Trump administration is leveraging Zambia’s fiscal vulnerability exacerbated …

The UAE and Zambia have explored new ways to enhance their trade relationship, with a focus on attracting investment and tapping into untapped sectors. The move underscores a growing partnership aimed at boosting economic opportunities on both sides. Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, met Hakainde …

The Zahid Group from Saudi Arabia has finalised its R23 billion acquisition of Barloworld, completing a landmark deal that will see the South African industrial group delist from the JSE and A2X and transition to private ownership under a Middle Eastern-led consortium. The acquisition was executed through Newco, a consortium …

A newly announced country strategy by President Emmanuel Macron signals a sharpened focus on Africa’s mining sector, positioning the continent as central to France’s long-term energy security and industrial competitiveness. As competition for minerals intensifies globally, led by China, Russia and the U.S, the strategy signals a renewed push by …

LiuGong will return to Mining Indaba 2026 with a clear message for Africa’s mining sector, that sustainability and productivity no longer have to be trade-offs. Building on strong engagement at last year’s event, the global equipment manufacturer will use the Cape Town gathering from 9 to 12 February to highlight …

The United States government has abruptly postponed the scheduled signing of a $1.5 billion health funding agreement with Zambia, instead making the aid contingent upon “collaboration in the mining sector” and broader business sector reforms. The move, which links humanitarian assistance to geopolitical and economic concessions, is being described by …

As the world races toward electrification and digital transformation, copper has emerged as one of the most strategically contested minerals of the 21st century. Yet the global supply chain still lacks a unified, internationally recognised standard for traceability. That is now changing and driven not from traditional centres of global …

In the three months to September 30, Barrick Gold Corporation’s Africa region recorded the largest quarter-on-quarter production increase among all the company’s operating regions. This strong performance, coupled with lower costs across the board, resulted in a 65% quarter-on-quarter rise in attributable earnings before interest, taxes, depreciation and amortisation (EBITDA). …

Israeli President Isaac Herzog has concluded a two-day state visit to Zambia, reaffirming cooperation between the two nations under the General Framework Agreement of Cooperation signed in 2023. Herzog was received on 10 November at Kenneth Kaunda International Airport by President Hakainde Hichilema before the two leaders proceeded to State …

United Nations Climate Change Conference dubbed (COP30) ongoing at Belém in Brazil will zoom on the mining sector. According to ICMM team, this year, mining and metals are higher on the agenda than ever – driven by geopolitical considerations. In addition, there is recognition that mining and metals are part …