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Congo’s Gécamines and ERG Seal New Mining Deal Amid Controversy

September 12, 2025September 12, 2025 Constance

DRC Signs Controversial Mining Agreement with ERG as Critics Warn of “Betrayal” The government of the Democratic Republic of Congo (DRC) has announced a new agreement between Luxembourg-based mining giant Eurasian Resources Group (ERG), in which Kazakhstan holds a 40% stake, and state-owned Générale des Carrières et des Mines (Gécamines). While officials are hailing the deal as a fresh start for the sector, opposition voices have denounced it as a dangerous sell-off of national resources. Opposition leader Franck Djongo called the agreement “a historic betrayal, signed outside the country, behind… Read More Here

Prime Minister Judith Suminwa Pushes for Swift Completion of Road Projects Ahead of Rainy Season

September 12, 2025September 12, 2025 Constance

DR Congo Races to Complete Road Infrastructure Projects Before Rainy Season, Says PM Judith Suminwa Kinshasa, DR Congo — Prime Minister Judith Suminwa Tuluka has reaffirmed her commitment to accelerating the completion of ongoing road infrastructure projects across the Democratic Republic of Congo before the onset of the rainy season. During the 57th Council of Ministers meeting held on Friday in Kinshasa, the Prime Minister reminded cabinet members of the key recommendations made during a strategic session on Thursday, September 4, 2025. This session, held at the Prime Minister’s Office,… Read More Here

International Corporate News Gold

Barrick Sells Hemlo Mine to Carcetti Capital in $1.09 Billion Deal

September 11, 2025September 11, 2025 Constance

Barrick Mining Exits Canadian Gold Production with $1.09B Sale of Hemlo Mine to Carcetti Capital Barrick Mining has agreed to sell its Hemlo gold mine in Ontario, its last producing gold operation in Canada, to Carcetti Capital for up to $1.09 billion. Following the transaction, the buyer will be renamed Hemlo Mining Corp (HMC). The deal, announced Wednesday, marks the latest step in Barrick’s multi-year strategy to divest noncore assets and sharpen its focus on large, long-life gold and copper operations. Deal Structure Under the terms, Barrick will receive: $875… Read More Here

Gold International

Galiano Gold Suspends Esaase Operations After Deadly Clash in Ghana

September 11, 2025September 11, 2025 Constance

Galiano Gold Halts Esaase Mine Operations Following Community Clashes in Ghana TSX- and NYSE American-listed Galiano Gold has announced the temporary suspension of operations at the Esaase deposit of its Asanko gold mine in Ghana after violent clashes between community members and military personnel on September 9. The deployment of military personnel formed part of a state-mandated security intervention coordinated through the Ghana Chamber of Mines, the company said. According to Galiano, tensions between the local community and the security forces escalated into civil unrest, resulting in the death of… Read More Here

Mining in DRC Transport and Logistics

EU–US Delegation Presents $6 Billion Lobito Corridor Study in Kinshasa

September 11, 2025September 11, 2025 Constance

Lobito Corridor Project: EU and US Experts Present $6B Pre-Feasibility Study to Boost Africa Trade A joint delegation of experts from the European Union (EU) and the United States (US) presented the conclusions of pre-feasibility studies for the Lobito Corridor project, an initiative estimated at over $6 billion and financed by the US. The meeting, chaired by Jean-Pierre Bemba, Deputy Prime Minister and Minister of Transport of the Democratic Republic of Congo (DRC), clarified the financial requirements and timeline for the first phase, which will focus on rehabilitating the Dilolo–Kolwezi–Tenke… Read More Here

Mining in Zambia

Zambia Disputes Scale of Toxic Acid Spill from Sino Metals Mine

September 11, 2025September 11, 2025 Constance

Zambia Challenges Claims of Massive Acid Spill at Sino Metals Mine, Launches Cleanup Efforts The Zambian government has rejected an independent estimate of the toxic acid spill from a Chinese-owned copper mine in February, insisting the incident was far smaller than critics claim and that cleanup operations are already in progress. Acting Minister of Green Economy and Environment Collins Nzovu confirmed the government’s support for Sino Metals Leach Zambia Ltd.’s official spill estimate. He dismissed allegations that authorities were downplaying the scale of the disaster. “Based on the records we… Read More Here

International Copper Corporate News

Panama to Begin Talks with FQM on Possible Restart of Cobre Panamá Mine

September 11, 2025September 11, 2025 Constance

Panama Prepares to Restart Talks with First Quantum on Cobre Panamá Mine After Environmental Audit Panama is preparing to open negotiations with First Quantum Minerals (TSX: FM) on the potential restart of the shuttered Cobre Panamá copper mine, with discussions expected to begin later this year or in early 2026. Commerce Minister Julio Moltó confirmed that a comprehensive environmental audit of the mine will commence in the coming weeks. The review, led by SGS Panama Control Services, will examine environmental, social, and economic impacts, including employment opportunities for Panamanians. The… Read More Here

Mining in Zambia Copper New Mining Projects

KCM Begins $63 Million Excavation for New Pump Station at Konkola Deep Mining Project

September 11, 2025September 11, 2025 Constance

Konkola Copper Mines Launches $63M Pump Station Project to Unlock 283 Million Tonnes of Copper Resources Konkola Copper Mines (KCM) Plc has engaged Australian mining contractor Mancala to commence excavation works for the construction of a new pump station at the Konkola Deep Mining Project (KDMP) in Chililabombwe. The KDMP, home to one of Zambia’s deepest mining shafts at 1,505 meters, sits on one of the world’s richest copper ore bodies with an estimated 291 million tonnes of resource and a projected mine life of over 50 years. The new… Read More Here

International Corporate News Mining Personality

Former Glencore Recycling Chief Launches US Startup to Revolutionize Critical Minerals Processing

September 10, 2025September 10, 2025 Constance

Ex-Glencore Executive Kunal Sinha Launches Valor to Cut Costs in Copper and Critical Minerals Processing The former head of Glencore’s recycling business, Kunal Sinha, has launched a US-based metals processing company aimed at significantly reducing the cost and time required to refine copper and other critical minerals. The move comes as Washington and other governments intensify pressure on industry to develop domestic processing capabilities to strengthen supply chains for AI servers, defense systems, and advanced electronics. Currently, the United States processes very few critical minerals, while China dominates global refining… Read More Here

International Corporate News Mining Personality

Alphamin Resources Adds Two New Directors as IRH Strengthens Board Influence

September 10, 2025September 10, 2025 Constance

Alphamin Resources Appoints New Non-Executive Directors Backed by Majority Shareholder IRH JSE- and TSX-V-listed Alphamin Resources has appointed Ziad Mikhael and Salman Bhatti as non-executive directors, following a request from its majority shareholder, Alpha Mining, a subsidiary of International Resources Holding (IRH). The appointments remain subject to regulatory approval. The changes come after IRH, an Abu Dhabi-based global mining company, acquired a 56% controlling interest in Alphamin through a definitive agreement with Tremont Master Holdings earlier this year. Profiles of the New Directors Both Mikhael and Bhatti currently serve in… Read More Here