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Zijin Mining Plans $3 Billion Hong Kong IPO for Gold Unit Amid Record Prices

September 4, 2025September 4, 2025 Constance

China’s Zijin Mining Eyes $3B Hong Kong IPO for Gold Unit as Prices Near Record Highs China’s Zijin Mining Group is preparing to list its international gold-mining subsidiary, Zijin Gold International, in Hong Kong in an initial public offering (IPO) that could raise more than $3 billion, according to sources familiar with the matter. If completed, the deal would rank as the second-largest IPO globally in 2025. The final size and timing of the IPO are still under discussion, though the listing could launch as early as this month. Investor… Read More Here

International Copper Corporate News Mergers & Acquisitions

Austral Resources Secures Glencore Funding and Offtake Deal to Finalize Rocklands Copper Acquisition

September 4, 2025September 4, 2025 Constance

Austral Resources and Glencore Ink $15m Deal to Advance Rocklands Copper Project in Queensland ASX-listed Austral Resources Australia has signed binding agreements with Glencore, securing funding, offtake, and tolling arrangements that pave the way for its acquisition of the Rocklands copper project in Queensland. The deal package includes a $15 million loan facility, a copper concentrate offtake agreement, and a tolling agreement to maximize the use of Rocklands’ processing plant. Together, these agreements enable Austral to meet the final conditions required for its purchase of Copper Resources Australia (CRA), the… Read More Here

Mining in DRC

DRC Copper, Tin, and Zinc Prices Decline While Cobalt, Gold, and Germanium See Gains

September 3, 2025September 3, 2025 Constance

DRC Mining Exports: Copper, Tin, and Zinc Prices Show Mixed Trends in Early September 2025 Mining exports from the Democratic Republic of Congo (DRC) are showing mixed trends for the period of September 1–6, 2025, according to the latest price lists published on Monday. Copper and tin, two of the country’s key mining products, have shown slight declines in early September, continuing a trend observed since early August. Copper is trading at USD 9,656.95 per ton, up marginally from USD 9,621.90 last week. Tin, meanwhile, is slightly lower at USD… Read More Here

Mining in DRC Governance

Minister of Mines Louis Watum Kabamba Outlines Priorities to Reform and Modernize DRC’s Mining Sector

September 3, 2025September 3, 2025 Constance

DRC Mining Minister Louis Watum Kabamba Sets Governance, Transparency, and Reform as Top Priorities On Tuesday, September 2, 2025, the new Minister of Mines of the Democratic Republic of Congo (DRC), Louis Watum Kabamba, met with the heads of agencies and institutions under his ministry to define the priorities of his mandate. According to an official statement, the meeting also served as an introduction aimed at strengthening collaboration between technical managers of the mining sector and the new minister. Minister Kabamba outlined a series of strategic priorities designed to modernize… Read More Here

Mining in DRC Corporate News Lithium New Mining Projects

CAMI officially presents seven digital research certificates to the American company Kobold Metals

September 3, 2025September 3, 2025 Constance

CAMI Officially Issues Seven Digital Research Certificates to Kobold Metals in DRC The Mining Registry of the Democratic Republic of Congo (DRC) has officially granted seven digitalized research certificates to U.S.-based Kobold Metals, marking a new milestone in the strategic partnership between the two nations. The certificates were presented on Tuesday, September 2, 2025, in Kinshasa during a ceremony attended by Minister of Mines Louis Watum Kabamba. The initiative reflects the shared ambition of the DRC and the United States to strengthen economic ties through responsible and innovative development of… Read More Here

Mining in Zambia Mining safety Safety & Health

Zambian Communities Demand $420 Million Compensation Over Toxic Mine Spill

September 3, 2025September 3, 2025 Constance

Zambia Mine Spill Victims Seek $420 Million From Sino Metals After Toxic Waste Disaster Communities affected by a massive toxic spill at a Zambian mine in February are demanding $420 million in compensation from Sino Metals Leach Zambia Ltd., a Chinese state-owned company that operates the site. Two separate legal groups issued formal letters of demand to Sino Metals in recent days, according to documents confirmed by their legal representatives. The claims follow reports that the spill — involving highly acidic waste contaminated with toxic heavy metals — may have… Read More Here

International Copper Corporate News

Teck Resources Delays Expansion Plans to Resolve Output Challenges at Quebrada Blanca Mine in Chile

September 3, 2025September 3, 2025 Constance

Teck Resources Cuts Copper Guidance as Quebrada Blanca Mine Faces Tailings Storage Issues Teck Resources Ltd, Canada’s largest diversified miner, has put major expansion projects on hold while it addresses production challenges at its flagship Quebrada Blanca (QB) copper mine in northern Chile. The massive overhaul of the high-altitude mine has faced cost overruns of $4 billion and years of delays. In July, CEO Jonathan Price was forced to cut production guidance, citing ongoing problems with the mine’s tailings facility. Teck launched a comprehensive operational review in August, which is… Read More Here

Hydro power plant Lithium Mining in DRC New Mining Projects

Katamba Mining Seeks Concession for Mpiana-Mwanga III Hydropower Plant to Support Lithium Project in DRC

September 3, 2025September 3, 2025 Constance

Katamba Mining Expands Mpiana-Mwanga Hydroelectric Project to 148 MW to Power Manono Lithium Mine and Local Communities Katamba Mining has submitted an application to the Electricity Sector Regulation Authority (ARE) for a production concession to develop the third phase of the Mpiana-Mwanga hydroelectric plant in the Democratic Republic of Congo (DRC). The company, owned 70% by China’s Zijin Mining and 30% by state-owned Cominière, plans to install an additional 108 MW of capacity at the plant, located in the Manono territory of Tanganyika province. This application follows Katamba Mining’s April… Read More Here

Mining in Zambia Copper Events & Expos

Zambia Showcases Mining and Energy Potential at Africa Down Under Conference

September 3, 2025September 3, 2025 Constance

Zambia Positions Itself as “Gem of African Mining” at Africa Down Under 2025 Zambia took the spotlight at this year’s Africa Down Under Conference, where the Zambia Country Showcase, themed “Zambia: The Gem of African Mining”, drew a full house of global investors and industry stakeholders eager to explore the nation’s vast mining and energy opportunities. Opening the session, Dr Hapenga Kabeta, Permanent Secretary at the Ministry of Mines and Minerals Development, delivered a keynote address underscoring Zambia’s immense mineral and energy potential. He extended an open invitation to the… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Prospect Resources Confirms Copper Mineralisation at Mumbezhi Project in Zambia

September 3, 2025September 3, 2025 Constance

Prospect Resources Identifies Major Copper Target at West Mwombezhi, Zambia, as Diamond Drilling Commences Prospect Resources Limited (ASX:PSC) has announced that its recent aircore drilling program at the West Mwombezhi prospect in north-west Zambia has returned highly anomalous copper mineralisation at shallow depths, covering over 1 km of strike. The results highlight a new, high-potential target within the company’s Mumbezhi Copper Project, where Prospect holds an 85% interest. The newly identified target aligns with a well-defined 1.5 km north-northeast trending copper anomaly, originally detected through regional termite mound geochemical sampling.… Read More Here