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Panama President Delays Decision on Cobre Panama Mine Amid Social Security Reform 1 International Copper 

Panama President Delays Decision on Cobre Panama Mine Amid Social Security Reform

Constance
Panama’s President, José Mulino, has stated that a decision regarding the future of the Cobre Panama mine will only be made once the country’s social security policy issue is resolved. This announcement came after a meeting with a group of suppliers, including Abel Oliveros, who were seeking clarity following the mine’s closure due to public protests. The office of the president did not immediately respond to a request for comment. The Cobre Panama mine, once the largest and newest copper mine globally, has been shut down since 2023 following environmental… Read More Here
Kasaï-Central’s Mbombo Hydropower Station Construction Begins 2 Mining in DRC Electricity Hydro power plant 

Kasaï-Central’s Mbombo Hydropower Station Construction Begins

Constance
The highly anticipated Mbombo hydropower station project has officially begun. Construction was launched on February 15, 2025, by Joseph Moïse Kambulu Nkonko, governor of Kasaï-Central province, where the station will be located. The plant, situated on the Lulua River about 9.3 miles (15 km) from downtown Kananga, will have an installed capacity of 10 MW. This project is expected to bring electricity to more people in the region. However, the number of direct and indirect jobs it will create, as well as the total number of beneficiaries, has yet to… Read More Here
EU Reassesses MoU with Rwanda Amid Growing DRC Conflict 3 Mining in DRC Governance Regional conflict 

EU Reassesses MoU with Rwanda Amid Growing DRC Conflict

Constance
On February 24, 2025, the European Union’s Foreign Affairs Council announced a review of its Memorandum of Understanding (MoU) with Rwanda, originally signed in February 2024. This decision, made public by EU High Representative Kaja Kallas, is part of broader EU efforts to press Rwanda to respect the territorial integrity of the Democratic Republic of Congo (DRC). Kallas, who is also Vice-President of the European Commission, stated, “Consultations on defense issues with Rwanda have been suspended. There is also a political decision to apply sanctions, depending on developments on the… Read More Here
revolutionising mining operations 4 Corporate News International Sponsored Content 

revolutionising mining operations

Constance
Now more than ever, mining and mineral processing companies need to boost productivity, ensure safety, and protect the environment. ABB’s comprehensive electrification, automation, and digital solutions portfolio is ideally positioned to meet these challenges across all mining processes, from mine to port, transforming performance in a digital world. ABB Ability™ MineOptimize is a powerful framework that integrates individual mining solutions, delivering a seamless, plant-wide system that enhances efficiency and reliability throughout the entire lifecycle. “Engaging early with ABB provides immediate access to experienced engineers who specialise in designing, managing, manufacturing,… Read More Here
Anglo American Sells Nickel Business to MMG for Up to $500 Million 5 Mergers & Acquisitions International Nickel 

Anglo American Sells Nickel Business to MMG for Up to $500 Million

Constance
Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500 million, the companies announced last week. The deal, which includes two ferronickel operations and two greenfield projects in Brazil, aligns with Anglo American’s strategy to streamline its portfolio and focus on copper, premium iron ore, and crop nutrients. Anglo American CEO Duncan Wanblad stated that the agreement followed a “highly competitive process” and represented a strong outcome for shareholders, employees, and Brazilian stakeholders. The nickel assets involved in the transaction include the Barro… Read More Here
DRC Weighs Cobalt Export Quotas to Stabilize Prices 6 Mining in DRC Battery Metals Cobalt 

DRC Weighs Cobalt Export Quotas to Stabilize Prices

Constance
The Democratic Republic of Congo (DRC) is considering introducing cobalt export quotas in an effort to curb oversupply and support prices. As the world’s largest supplier of cobalt, the country is seeking to counter historically low prices caused by sluggish demand from automakers and increased copper production, which yields cobalt as a by-product. The Congolese government has discussed implementing export limits, though no final decision has been made. Earlier this week, authorities imposed a four-month export ban to address the supply glut. The ban, announced by the Authority for the… Read More Here
BHP Launches $10.8 Billion Investment to Sustain Copper Output in Chile 7 International Copper Corporate News 

BHP Launches $10.8 Billion Investment to Sustain Copper Output in Chile

Constance
BHP Group is set to begin a $10.8 billion investment program in Chile, starting with the modernization of an aging copper plant at its Escondida mine. The move comes as the world’s largest mining company battles declining ore quality while striving to maintain production levels. During a site visit on Tuesday, Chilean Finance Minister Mario Marcel joined BHP officials, who confirmed that the $2 billion-plus upgrade of the Escondida concentrator would soon enter environmental approval processes. While BHP’s long-term investment plans in Chile have been known, Tuesday’s announcement marks the… Read More Here
FQM Ramps Up Efforts to Reopen $10 Billion Cobre Panama Mine 8 International Copper Corporate News 

FQM Ramps Up Efforts to Reopen $10 Billion Cobre Panama Mine

Constance
First Quantum Minerals and its workers and suppliers in Panama are intensifying efforts to restart operations at the $10 billion Cobre Panama copper mine, more than a year after its closure. The company has shifted from a low-profile approach to a more visible public relations campaign, including mass mine visits and public outreach events, according to Maru Galvez, Public Relations Manager for Cobre Panama. The strategy appears to be working, with a recent community survey showing 96% support for the government renegotiating the mine contract. Despite these efforts, First Quantum… Read More Here
Tertiary Minerals Appoints Dr. Richard Belcher as Managing Director 9 Mining in Zambia Corporate News Mining Personality 

Tertiary Minerals Appoints Dr. Richard Belcher as Managing Director

Constance
AIM-listed Tertiary Minerals has appointed Dr. Richard Belcher as its new Managing Director, effective March 7, following the company’s Annual General Meeting. Tertiary highlighted Belcher’s 22 years of geological experience, spanning early-stage exploration to resource definition across various commodities. His expertise is particularly strong in Africa, where he has worked extensively with junior exploration companies. Belcher previously served as VP of Exploration at ANS Exploration Corp, focusing on projects in Northeast Africa and Arabia. He also worked as a senior consulting geologist at Altus Strategies (now Elemental Altus Royalties Corp),… Read More Here
Congo’s Cobalt Export Ban Boosts Chinese Stocks Amid Supply Concerns 10 Mining in DRC Cobalt Economy 

Congo’s Cobalt Export Ban Boosts Chinese Stocks Amid Supply Concerns

Constance
Cobalt stocks surged in China on Tuesday following an unexpected export ban in the Democratic Republic of Congo (DRC), improving the short-term outlook for the key material used in alloys and batteries. Shares of Nanjing Hanrui Cobalt Co. soared by as much as 17% in Shenzhen, while Zhejiang Huayou Cobalt Co. gained 7.8%. In contrast, CMOC Group Ltd., which has been expanding operations at its two massive mines in the DRC, slipped 2% in Hong Kong. The DRC, the world’s leading cobalt producer, announced a four-month suspension of cobalt exports… Read More Here

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