Constance - Copperbelt Katanga Mining

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Lobito Atlantic Railways Strengthens Leadership with New CEO and Chairperson Appointments

August 21, 2025August 21, 2025 Constance

Lobito Atlantic Railways Names Nicholas Fournier CEO and Alexandre Canas Chair to Drive Angola’s Transport Corridor Expansion Angola’s rail operator Lobito Atlantic Railways (LAR) has announced a significant leadership change, appointing Nicholas Fournier as CEO and Alexandre Canas as chairperson on August 19. The move marks the formal separation of the two roles, a step aimed at strengthening governance as the company enters a crucial phase of operational growth. With its new executive committee and enhanced board leadership, LAR says the updated governance structure will provide clearer separation of responsibilities,… Read More Here

Glencore Seeks $13.5B Investment Boost for Argentine Copper Projects Under New Incentive Regime

August 21, 2025August 21, 2025 Constance

Glencore Applies for Argentina’s RIGI Program to Advance $13.5 Billion El Pachón and Agua Rica Copper Projects Commodities giant Glencore has submitted applications to include two of its flagship copper projects in Argentina—El Pachón and Agua Rica—under President Javier Milei’s new Incentive Regime for Large Investments (RIGI). If approved, the projects could unlock $13.5 billion in development spending over the next decade. The Switzerland-based miner confirmed Monday that it has applied for both projects, which it owns outright. Planned capital investment includes $9.5 billion for El Pachón (Phase 1) and… Read More Here

Corporate News Energy Uranium

GoviEx Uranium and Tombador Iron Announce Reverse Takeover Deal

August 21, 2025August 21, 2025 Constance

GoviEx Uranium Secures ASX Listing Through Reverse Takeover of Tombador Iron, Launching New Entity “Atomic Eagle” GoviEx Uranium has entered into a reverse takeover agreement with ASX-listed Tombador Iron, a deal that will create a newly listed Australian company named Atomic Eagle. Under the agreement, GoviEx shareholders will become majority owners of the restructured entity, positioning the company for accelerated uranium project development in Africa. Tombador, which previously sold its iron-ore business, currently exists as a cash-backed ASX shell with about A$10.4 million in reserves. Through a court-approved process in… Read More Here

Mining in DRC Battery Metals Corporate News Lithium

AVZ Minerals Secures 10% Manono Stake After ICC Victory

August 18, 2025August 18, 2025 Constance

AVZ Minerals Triumphs in ICC Ruling, Strengthens Control of DRC’s Manono Lithium Project Australian mining company AVZ Minerals has won its arbitration case against Dathomir Mining Resources before the International Chamber of Commerce (ICC). The ruling, issued on July 14, 2025, definitively confirms AVZ’s acquisition of a 10% stake in Dathcom Mining SA, owner of the world-class Manono lithium project in the Democratic Republic of Congo. AVZ’s subsidiary AVZI initiated the case before the ICC to confirm the legality of a 2020 Share Purchase Agreement (SPA). The tribunal ruled that:… Read More Here

Mining in DRC Corporate News

KICO Signs Partnership with 19 Contractors Through ARSP to Boost Local Jobs

August 18, 2025August 18, 2025 Constance

Ivanhoe’s Kipushi Mine Signs Deal with 19 Firms to Create Jobs in DRC Nineteen subcontracting companies and Kipushi Corporation (KICO), a subsidiary of Ivanhoe Mines, have signed a partnership agreement aimed at generating both direct and indirect jobs in the Democratic Republic of Congo. The signing ceremony was presided over by Miguel Kashal Katemb, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP). The initiative fulfills a pledge made by President Félix Tshisekedi during the inauguration of the Kipushi zinc mine in November 2024. At that… Read More Here

Mining in DRC

DRC’s Tantalum Prices Rise 0.78% After Weeks of Stability

August 18, 2025August 18, 2025 Constance

DRC Tantalum Prices Climb 0.78% as Global Demand Strengthens The price of tantalum, one of the Democratic Republic of Congo’s (DRC) key export minerals, rose by 0.78% on international markets between August 11 and 16, 2025. According to the National Commission of Mercuriales under the Ministry of Foreign Trade, tantalum traded at $322.5 per kilogram, up from $320.0 the previous week. This marks the first significant upward movement after several weeks of relative stability. From mid-June to mid-July 2025, tantalum prices hovered around $320 per kilogram, with the exception of… Read More Here

Sponsored Content Events & Expos Mining in DRC

DRC-Africa Battery Metals Forum announces strong advisory board for key industry insights

August 18, 2025August 18, 2025 Constance

“A passionate, experienced and industry-led team” The organisers of the DRC-Africa Battery Metals Forum have announced the members of this year’s advisory board for the event that is heading for Kolwezi from 29 to 30 September. By driving localisation, beneficiation and industrialisation, the third edition of DRC-Africa Battery Metals Forum will connect stakeholders, such as global investors, manufacturers and strategic development partners, to unlock investment, advance local processing and accelerate the DRC’s transition from mineral exporter and capitalise on the next frontier of economic growth through industrialisation. “We’re very honoured… Read More Here

International Gold

Uganda Launches First Large-Scale Gold Mine with $250M Chinese Investment

August 18, 2025August 18, 2025 Constance

Uganda Opens $250 Million Gold Mine to Boost Exports and Mining Industry Uganda has officially inaugurated its first large-scale gold mine, a $250 million Chinese-owned project located in the eastern Busia district. The Wagagai Gold Mining Project will also refine bullion to 99.9% purity, according to a statement from the president’s office. The landlocked East African nation, endowed with minerals such as copper, cobalt, and iron ore, is seeking to expand its mining sector and establish itself as a leading gold producer and exporter. In 2023, Uganda earned $3.4 billion… Read More Here

Mining in DRC Governance Mining Personality

New DRC Mines Minister Louis Watum Strengthens Ties with China

August 18, 2025August 18, 2025 Constance

DRC’s New Mines Minister Louis Watum Meets Chinese Ambassador to Bolster Mining Cooperation Louis Watum Kabamba, newly appointed Minister of Mines in the Suminwa II government, officially took office on Wednesday, August 13, 2025, succeeding Kizito Pakabomba. The following day, he held a strategic meeting in Kinshasa with Zhao Bin, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Democratic Republic of Congo (DRC). The encounter highlighted China’s pivotal role as one of the DRC’s leading partners in the mining sector. In a statement shared on his… Read More Here

Corporate News Battery Metals Lithium Mining in DRC

KoBold Metals to Acquire 17,000 Mining Concessions in DRC Lithium Push

August 18, 2025August 18, 2025 Constance

Backed by Gates and Bezos, KoBold Metals Targets DRC Lithium in $1B Exploration Deal KoBold Metals, a U.S.-based mining company backed by billionaires Bill Gates and Jeff Bezos, is preparing to acquire nearly 17,000 mining concessions in the Democratic Republic of Congo (DRC) as part of an ambitious large-scale exploration program. The company uses advanced artificial intelligence and data-driven technology to identify deposits of critical minerals used in electric vehicle (EV) batteries. On July 17, 2025, KoBold signed an agreement in principle with the Congolese government in a ceremony attended… Read More Here