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First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast 1 Corporate News Copper 

First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast

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First Quantum Q1 2026 Loss Widens on Rising Costs and Lower Output, but Copper Production Outlook Raised First Quantum Minerals reported a significantly wider loss for the first quarter of 2026, as increased operating costs and weaker copper production weighed on financial performance, despite an improved full-year output forecast. The company posted a net loss attributable to shareholders of $196 million, compared with a $23 million loss in the same period last year. Adjusted loss for the quarter came in at $147 million, or $0.18 per share. Operational challenges were… Read More Here
Zambia and DRC Move Closer to Launching Simplified Trade Regime 2 Mining in DRC Economy Mining in Zambia 

Zambia and DRC Move Closer to Launching Simplified Trade Regime

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Zambia and DRC Accelerate Simplified Trade Regime Rollout to Boost Cross-Border Trade and Empower Small Traders Zambia and Democratic Republic of the Congo have stepped up efforts to operationalise the Simplified Trade Regime (STR), a framework designed to facilitate cross-border trade and support small-scale traders particularly women and youth. The initiative follows more than seven years of bilateral negotiations, with both governments now in the final stages of implementation. The STR is expected to streamline customs procedures, reduce administrative barriers, and enable small traders to access preferential tariff rates. Speaking… Read More Here
Mining Investment in Mali Persists Despite Escalating Security Risks 3 International Gold 

Mining Investment in Mali Persists Despite Escalating Security Risks

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Mining Companies Maintain Investments in Mali Amid Rising Security Threats and Political Instability International mining companies are expected to continue investing in Mali, one of Africa’s most resource-rich nations, despite a sharp escalation in security risks following a recent surge in coordinated insurgent attacks. Mali is a leading gold producer on the continent, benefiting from record-high global prices. The country also holds substantial reserves of lithium, uranium, and copper, making it strategically important for global resource markets. However, decades of insurgency and political instability including repeated military coups have complicated… Read More Here
Anglo American Reports Modest Copper Growth While Advancing Strategic Restructuring 4 Copper Corporate News International 

Anglo American Reports Modest Copper Growth While Advancing Strategic Restructuring

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Anglo American Q1 Copper Output Rises 1% as Company Pushes Asset Sales and Maintains 2026 Production Outlook Anglo American reported a 1% year-on-year increase in copper production for the first quarter, supported by improved output at its Chilean operations, including Los Bronces Mine and Collahuasi Mine. The company also reaffirmed its full-year production guidance. The miner, which has agreed to merge with Teck Resources, is moving forward with plans to streamline its portfolio. This includes divesting non-core assets such as its coal operations and its diamond business, De Beers. Chief… Read More Here
Barrick Mining Names North America Leadership Team Ahead of Planned IPO 5 International Corporate News Gold Mining Personality 

Barrick Mining Names North America Leadership Team Ahead of Planned IPO

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Barrick Appoints Executive Team to Lead North American Business Spin-Off Barrick Mining Corporation announced on Tuesday the appointment of a new executive leadership team for its North American operations as the company moves forward with plans to pursue an initial public offering (IPO) for the business. The restructuring marks a significant step in the company’s strategy to strengthen operational focus and unlock shareholder value from its North American asset base. Key Leadership Appointments The newly formed leadership team will oversee the standalone operations of Barrick’s North American division as it… Read More Here
Zimbabwe Marks First Lithium Sulphate Export as Huayou Advances Local Processing Push 6 International Battery Metals Lithium 

Zimbabwe Marks First Lithium Sulphate Export as Huayou Advances Local Processing Push

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Huayou Ships Africa’s First Lithium Sulphate from Zimbabwe Plant Amid Export Restrictions and Value-Addition Drive HARARE – Zhejiang Huayou Cobalt has shipped Africa’s first batch of lithium sulphate from its Zimbabwe-based processing facility, just months after the government tightened restrictions on lithium concentrate exports over concerns about malpractice and revenue leakages. The company’s local subsidiary confirmed the shipment in a statement posted on X late Monday, describing it as a milestone for both Zimbabwe and the continent’s mineral beneficiation efforts. “This inaugural shipment represents the first lithium salt ever produced… Read More Here
DRC Orders Nationwide Audit to Track Mining Export Revenues and Strengthen Foreign Exchange Controls 7 Mining in DRC Economy 

DRC Orders Nationwide Audit to Track Mining Export Revenues and Strengthen Foreign Exchange Controls

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DR Congo Launches Mining Revenue Audit to Improve Export Traceability, Boost State Income and Protect Foreign Exchange Reserves The Democratic Republic of Congo (DRC) is set to launch a comprehensive audit within 30 days to track mining export revenues from shipment through to foreign currency repatriation and final government revenue collection. President Félix Tshisekedi issued the directive during the cabinet meeting held on April 24, 2026, signaling a renewed push to strengthen financial oversight in the country’s most important economic sector. The decision comes as mining exports continue to reach… Read More Here
Ecuador Seals $1.7 Billion Mining Deal with China’s CMOC Group to Advance Major Gold Project 8 International Corporate News Gold New Mining Projects 

Ecuador Seals $1.7 Billion Mining Deal with China’s CMOC Group to Advance Major Gold Project

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Ecuador Secures Major Mining Investment as $1.7 Billion Los Cangrejos Project Aims to Boost State Revenue and Expand Mining Sector Ecuador has taken a significant step to expand its mining industry after signing a major contract with the local subsidiary of China’s CMOC Group to develop the Los Cangrejos mining project. The agreement represents one of the largest recent investments in the country’s resource sector, with total projected capital expenditure exceeding $1.7 billion. Located in El Oro province, the Los Cangrejos project will be developed by ODIN Mining del Ecuador,… Read More Here
DRC Plans New Mining Security Force to Protect Strategic Mineral Wealth 9 Mining in DRC 

DRC Plans New Mining Security Force to Protect Strategic Mineral Wealth

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DR Congo to Deploy 20,000 Mining Guards by 2028 as Global Demand for Copper and Cobalt Intensifies The Democratic Republic of the Congo (DRC) is taking a decisive step to safeguard its vast mineral resources by announcing plans to establish a new paramilitary force dedicated to policing the country’s mining sector. The initiative reflects growing concerns over security, illegal mining, and the need to strengthen oversight of one of the world’s most valuable resource industries. An initial investment of approximately $100 million will support the recruitment and deployment of up… Read More Here
U.S. Turns to Africa for Critical Minerals as Supply Chain Risks Grow 10 International Battery Metals 

U.S. Turns to Africa for Critical Minerals as Supply Chain Risks Grow

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United States Expands Reliance on African Critical Minerals to Reduce China Dependence and Secure Clean Energy Supply Chains The United States is increasingly looking to Africa to secure the critical minerals required to power its modern economy, with countries such as Gabon and South Africa emerging as pivotal suppliers. These resources are essential for industries ranging from electric vehicles and renewable energy to advanced manufacturing and defence technologies. According to data cited by Visual Capitalist, the U.S. relies entirely on Gabon for its manganese imports, accounting for 100% of supply.… Read More Here

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