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DRC Proposes Strategic Minerals Organization to Stabilize Global Market 1 Mining in DRC 

DRC Proposes Strategic Minerals Organization to Stabilize Global Market

Constance
DRC calls for creation of OPEC-style group for strategic minerals to boost African leverage and market stability The Democratic Republic of Congo (DRC) has called for the creation of an Organization of Strategic Minerals Producing and Exporting Countries, modeled on OPEC, to protect member interests and stabilize global markets for critical resources. The announcement was made on October 22, 2025, in Geneva. “The DRC, a country rich in strategic minerals, is advocating for an organization similar to OPEC to defend member interests, stabilize the strategic minerals market, ensure predictable revenues,… Read More Here
Gold price rises 2.4% as investors seek safety amid US economic and geopolitical uncertainties 2 Gold Economy News in Brief 

Gold price rises 2.4% as investors seek safety amid US economic and geopolitical uncertainties

Constance
Gold Surges Amid Market Uncertainty, Cementing Its Safe-Haven Status Gold continues to demonstrate its role as a safe-haven asset during periods of instability. By the end of the second week of October 2025, the price of an ounce of gold reached $3,978.10, marking a weekly gain of 2.4%. Several factors contributed to this rise. Markets are pricing in a potential cut in US interest rates, alongside a weaker US dollar. Investor anxiety is further fueled by ongoing concerns over a possible US government shutdown, a scenario that historically heightens market… Read More Here
Rebels Loot $70 Million in Gold from Twangiza Mine in Eastern DRC 3 Mining in DRC Gold 

Rebels Loot $70 Million in Gold from Twangiza Mine in Eastern DRC

Constance
M23 rebels accused of stealing 500 kg of gold from Twangiza Mining’s DRC concession amid ongoing conflict Twangiza Mining has accused M23 rebels occupying its gold concession in eastern Democratic Republic of Congo (DRC) of stealing at least 500 kg of gold bullion—worth an estimated $70 million—since taking control of the site in May 2025. The company also alleged that some of its own employees assisted the rebels in smuggling the gold out of the mine, located in South Kivu province, where M23 has dramatically expanded its territorial control this… Read More Here
Sibanye-Stillwater, Glencore Merafe Venture Finalise Chrome Agreements to Boost Long-Term Value 4 International Corporate News 

Sibanye-Stillwater, Glencore Merafe Venture Finalise Chrome Agreements to Boost Long-Term Value

Constance
Sibanye-Stillwater and Glencore Merafe Venture complete chrome agreements to optimise South African PGM operations Multinational mining and metals group Sibanye-Stillwater has confirmed that all conditions precedent for the implementation of its new chrome agreements with the Glencore Merafe Venture (GM Venture) have been met. The agreements will officially take effect on November 1, the company announced. “The closure of the Glencore Merafe agreements marks a pivotal step in unlocking long-term value from our significant chrome by-products at our South African platinum group metal (PGM) operations,” said Sibanye-Stillwater CEO Richard Stewart.… Read More Here
Kavango Confirms Open-Pit Gold Deposit at Nightshift Prospect in Zimbabwe 5 International Gold 

Kavango Confirms Open-Pit Gold Deposit at Nightshift Prospect in Zimbabwe

Constance
Kavango Resources announces maiden JORC-compliant gold resource at Nightshift prospect, boosting Hillside project potential in Zimbabwe LSE-listed Kavango Resources has confirmed the presence of an open-pit gold deposit at its Nightshift prospect, part of the Hillside gold project in Zimbabwe, following a maiden Joint Ore Reserves Committee (JORC)-compliant mineral resource estimate (MRE) that exceeded expectations. Announcing the results on October 20, the company said the MRE validates its strategy to expand gold production through modern, mechanised mining and processing methods. According to Kavango, the Nightshift deposit is expected to deliver… Read More Here
Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia 6 Mining in Zambia Corporate News New Mining Projects 

Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia

Constance
Tertiary Minerals Raises £100,000 to Advance Mushima North Silver-Copper-Zinc Exploration in Zambia AIM-listed Tertiary Minerals has raised £100,000 before expenses through a share placing arranged by its joint broker, Peterhouse Capital. The placement involved 153.8 million new ordinary shares, issued exclusively to Stuart Packwood, a significant existing shareholder. Proceeds will be used to fund upcoming exploration work at the company’s Target A1 silver-copper-zinc prospect, part of the Mushima North project in Zambia. Following the placing, the new shares represent approximately 3.01% of Tertiary’s enlarged issued share capital. Upon admission, Packwood’s… Read More Here
Uru Metals Awards Key Engineering Contracts to Advance Zeb Nickel Project in South Africa 7 International Battery Metals New Mining Projects Nickel 

Uru Metals Awards Key Engineering Contracts to Advance Zeb Nickel Project in South Africa

Constance
Uru Metals Moves Forward with Zeb Nickel Project, Awards Engineering and Environmental Contracts in Limpopo UK-based mining company Uru Metals has awarded two key engineering and services contracts to accelerate development of its Zeb Nickel Project in South Africa’s Limpopo Province. The first contract, awarded to GF International, covers a combined ground gravity and frequency-domain electromagnetic survey. This survey will target two key prospects and aims to refine drill targets for Uru Metals as the company advances exploration efforts. The second contract focuses on implementing the environmental rehabilitation guarantee, a… Read More Here
Copper 360 Strengthens Board with Three New Independent Nonexecutive Directors 8 Mining Personality International 

Copper 360 Strengthens Board with Three New Independent Nonexecutive Directors

Constance
Copper 360 appoints Peter Scott, Beverley Bouwer, and Lindiwe Montshiwagae as independent nonexecutive directors JSE-listed Copper 360 has announced the appointment of Peter Scott, Beverley Bouwer, and Lindiwe Montshiwagae as independent nonexecutive directors, effective October 15, following its Annual General Meeting (AGM) held on the same date. At the meeting, Dr Mbendeni Humphrey Mathe and Shirley Ann Hayes retired by rotation. While Dr Mathe stepped down from the board, Hayes made herself available for re-election and was subsequently reappointed as a nonexecutive director. “The board extends its gratitude to Dr… Read More Here
Two Police Officers Killed in Attack Near Gemfields’ Montepuez Ruby Mine in Mozambique 9 International Gemstones Mine Safety 

Two Police Officers Killed in Attack Near Gemfields’ Montepuez Ruby Mine in Mozambique

Constance
Gemfields confirms deaths of two police officers following illegal miner attack at Montepuez Ruby Mine in Mozambique Gemstone miner Gemfields has confirmed the deaths of two police officers during an attack earlier last week at its Montepuez Ruby Mining (MRM) operation in Mozambique. According to the company, approximately 40 illegal miners marched on the mine’s gate and attacked police officers stationed at the site. Two officers were killed in the incident, including a commander from Mozambique’s Natural Resources Protection Force. Gemfields stated that no MRM employees or contractors were injured,… Read More Here
Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown 10 International Corporate News Gold 

Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown

Constance
Barrick’s Loulo-Gounkoto gold mine restarts operations in Mali after government dispute and nine-month halt Barrick Gold Corporation has restarted operations at its Loulo-Gounkoto gold mine in Mali after a shutdown lasting more than nine months, Bloomberg reported, citing sources familiar with the matter. The Loulo-Gounkoto complex, one of Barrick’s most important assets in West Africa, was shut down in January following escalating tensions with Mali’s military-led government. The dispute intensified earlier this year when a Malian court appointed Soumana Makadji, an accountant and former health minister, to manage the mine… Read More Here

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