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Kansanshi Mining PLC Condemns Alleged Misconduct and Supports Investigation 17 Mining in Zambia Copper Press Release 

Kansanshi Mining PLC Condemns Alleged Misconduct and Supports Investigation

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(Solwezi, Zambia) – 13.01.25 Kansanshi Mining PLC is aware of serious allegations circulating on social media relating to construction contractors temporarily attached to our operations.Kansanshi Mining PLC condemns in the strongest possible terms any form of abuse, exploitation, or behaviour that violates the rights and dignity of individuals, particularly vulnerable members of our community. We are deeply concerned about the allegations and want to reassure the public that we take these matters with the utmost seriousness. As a responsible corporate citizen, we are cooperating fully with the police and relevant… Read More Here
Barrick Gold Warns Shareholders Against Below-Market Mini-Tender Offer 18 International Contracts & tenders Corporate News 

Barrick Gold Warns Shareholders Against Below-Market Mini-Tender Offer

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Canadian mining giant Barrick Gold has issued a caution to its shareholders regarding an unsolicited mini-tender offer from TRC Capital Investment. The offer seeks to acquire up to five million of Barrick’s common shares, representing approximately 0.29% of its outstanding shares, at a below-market price of C$21.35 per share. Barrick highlighted in a statement on Monday that the offer price reflects a discount of 4.52% on the Toronto Stock Exchange (TSX) and 4.38% on the New York Stock Exchange (NYSE) closing prices as of January 7. The company clarified that… Read More Here
Mali Seizes Gold Stock at Barrick’s Loulo-Gounkoto Amid Contract Dispute 19 International Corporate News 

Mali Seizes Gold Stock at Barrick’s Loulo-Gounkoto Amid Contract Dispute

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Mali’s government has initiated the enforcement of a provisional order to seize gold stock at Barrick Gold’s Loulo-Gounkoto mining complex, according to a company memo to Malian staff. Barrick warned that this escalating dispute over mining rules could lead to a temporary suspension of operations at the site. The move highlights Mali’s military-led government’s push for greater control and revenue share from foreign mining companies. The conflict stems from new mining regulations introduced as part of broader efforts to renegotiate agreements with Western miners. “A provisional order to seize our… Read More Here
Jubilee Metals Faces Copper Production Setback in Zambia Due to Power Constraints 20 Mining in Zambia Copper Corporate News Electricity 

Jubilee Metals Faces Copper Production Setback in Zambia Due to Power Constraints

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Jubilee Metals Group, a diversified metals producer listed on Aim and AltX, reported a shortfall in copper production at its Roan operation in Zambia due to power constraints. In its operational update for the six months ending December 31, which marks the first half of its 2025 financial year, the company revealed that copper production in Zambia totaled 1,454 tonnes, down from 1,683 tonnes during the same period in the 2024 financial year. The figure also fell short of the revised target of 1,800 tonnes. Despite this, Jubilee reported a… Read More Here
Mali to Receive $1.2 Billion from Miners in First Quarter Following Mining Overhaul 21 International 

Mali to Receive $1.2 Billion from Miners in First Quarter Following Mining Overhaul

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Mali is set to receive 750 billion CFA francs ($1.2 billion) from miners in the first quarter of this year, following a significant overhaul of its mining sector. In late December, Mali received 500 billion CFA francs from mining companies after successful negotiations, Finance Minister Alousseni Sanou told Parliament. The total amount is expected by March 31, according to Sanou’s statement to Mali’s National Transition Council, as reported in minutes from the late December meeting, which were aired by the state broadcaster ORTM. Mali’s military-led government has taken a tough… Read More Here
Namibia Seeks Chinese Investment to Enhance Uranium Sector and Clean Energy Efforts 22 International Uranium 

Namibia Seeks Chinese Investment to Enhance Uranium Sector and Clean Energy Efforts

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Namibia, one of the world’s largest uranium producers, is actively seeking investment from China in nuclear power to strengthen its role in the global transition to clean energy. “We aim to add value to our uranium for the peaceful development of nuclear energy,” said President Nangolo Mbumba during a meeting on Monday with Chinese Foreign Minister Wang Yi, who is on a week-long tour of Africa. Yi’s visit underscores China’s efforts to expand its influence in Africa, aiming to outpace the United States by offering better trade deals, more investment… Read More Here
Zambia Railways Crucial to Copper Transportation 23 Mining in Zambia Transport and Logistics 

Zambia Railways Crucial to Copper Transportation

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Copperbelt Province Minister Elisha Matambo has emphasized the critical role of Zambia Railways Limited in transporting the projected three million tonnes of copper. He highlighted that the revitalization of the mining sector in the province requires the active involvement of Zambia Railways in the copper transportation process. Mr. Matambo reassured that the government will continue to support the company, recognizing it as a key player in achieving the country’s copper production goals. Meanwhile, newly appointed Zambia Railways Managing Director, Cuthbert Malindi, affirmed the company’s commitment to aligning with the government’s… Read More Here
Chinese Investments Strengthen Copperbelt Mining Sector and Economic Growth in Zambia 24 Mining in Zambia Copper Economy 

Chinese Investments Strengthen Copperbelt Mining Sector and Economic Growth in Zambia

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Copperbelt Minister Elisha Matambo has highlighted a surge in Chinese investment in the province’s mining sector, which has significantly boosted economic activity. Speaking at a Rongxing Mining Company event in Kitwe honoring employees in 2024, Mr. Matambo acknowledged the positive impact of Chinese investments on the Copperbelt’s economy. He urged mining companies in the region to prioritize fair wages and ensure decent working conditions for their employees. Kalulushi District Commissioner Kelly Jibinga also commended Rongxing Mining Company for its contributions to the district, emphasizing the importance of partnerships that foster… Read More Here
Zambia to Benefit from Rising Copper Prices in 2025 42 Mining in Zambia Copper Economy 

Zambia to Benefit from Rising Copper Prices in 2025

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Senior Economist Andrew Nsunge believes Zambia stands to benefit significantly from the anticipated rise in copper prices in 2025. Mr. Nsunge emphasized the need for Zambian businesses to increase their supply to the mining sector, enabling more indigenous Zambians to capitalize on the growth. He also suggested that Zambians could benefit further by becoming more involved in copper transportation. In a phone interview with ZNBC News, Mr. Nsunge stressed the importance of implementing and enforcing policies that support the participation of local businesses in the mining industry. He attributed the… Read More Here

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