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CEJ Advocates for Sustainable Mineral-Based Development in Zambia 1 Mining in Zambia Events & Expos 

CEJ Advocates for Sustainable Mineral-Based Development in Zambia

Constance
The Centre for Environment Justice (CEJ) actively participated in the “Green and Inclusive Approach to Mineral-Based Development and Industrialization” workshop held in Ndola, Zambia, organized by the United Nations Economic Commission for Africa (UNECA). During the event, CEJ’s Head of Research and Studies, Mr. Freeman Mubanga, underscored the importance of environmentally sustainable practices in Zambia’s mineral-based industrialization efforts. Speaking as a panelist, he highlighted Zambia’s strides in copper beneficiation and the integration of mining with local industries. Mr. Mubanga identified several challenges impeding the mining sector’s growth, including: To tackle… Read More Here
Barrick Gold Employees Charged Amid Mali's Push for Mining Revenue 2 International Corporate News Gold 

Barrick Gold Employees Charged Amid Mali’s Push for Mining Revenue

Constance
Four employees of Barrick Gold, one of Canada’s leading gold mining companies, have been charged and detained in Mali as the military-led government intensifies efforts to secure more revenue from the mining sector. The employees, who were initially detained in September, have been re-arrested, according to a source familiar with the matter. Barrick has strongly denied the charges but has not disclosed specifics. The company stated it is actively engaging with Mali’s government to negotiate an amicable resolution and secure the release of the detainees. “Since September 30, Barrick has… Read More Here
Trafigura's Zinc Withdrawal Sparks Price Surge on LME 3 International Corporate News Zinc 

Trafigura’s Zinc Withdrawal Sparks Price Surge on LME

Constance
Trafigura Group, a major player in the global zinc market, has triggered a rally in zinc prices by ordering the withdrawal of thousands of tons of the metal from London Metal Exchange (LME) warehouses, according to sources familiar with the situation. Orders for zinc withdrawals surged by 97,225 tons over two days—the largest spike in more than a decade—leaving less stock available for other buyers. This shortage has supported a 5.5% increase in zinc prices this week, with the metal trading 1.8% higher at $3,129.50 per ton on Wednesday. Trafigura,… Read More Here
Toubani Resources Secures Financial Advisor for Mali's Kobada Gold Project 4 International Gold 

Toubani Resources Secures Financial Advisor for Mali’s Kobada Gold Project

Constance
Toubani Resources, a gold development company focused on Africa, has appointed Endeavour Financial as its financial advisor to advance the development of the Kobada gold project in Mali. This appointment follows significant interest from potential financiers, including African banks and credit funds, spurred by the recent release of the project’s definitive feasibility study (DFS). The DFS positioned Kobada as one of West Africa’s most cost-effective gold development projects, with an upfront capital requirement of $216 million. It also highlighted the project’s potential to produce over 150,000 ounces of gold annually,… Read More Here
Fortescue Partners with XCMG for $400M Zero-Emission Mining Equipment Deal 5 International Mining Equipment Partnership 

Fortescue Partners with XCMG for $400M Zero-Emission Mining Equipment Deal

Constance
Australian iron ore giant Fortescue has signed a contract with Chinese heavy machinery manufacturer XCMG to acquire over 100 zero-emission heavy mobile mining equipment units. The deal, valued at more than $400 million, is XCMG’s largest mining equipment contract outside China. It includes battery-electric wheel loaders, wheel dozers, water carts, float prime movers, and graders for Fortescue’s Pilbara mining operations. The adoption of these zero-emission machines is expected to eliminate millions of liters of fossil fuel consumption over the lifespan of the equipment. Initial deployments are scheduled for 2026, with… Read More Here
Arc Minerals Receives $1 Million Payment from Anglo American for Zambian JV 6 Mining in Zambia New Mining Projects 

Arc Minerals Receives $1 Million Payment from Anglo American for Zambian JV

Constance
London-listed Arc Minerals has received a $1 million payment from Anglo American as part of their ongoing joint venture (JV) in Zambia. The payment is directed to Arc’s subsidiary, Unico Minerals, with Arc retaining 67% of the total amount received, while the remaining balance goes to another Unico shareholder. Earlier in November, Arc confirmed copper mineralisation at all drill targets on the jointly owned project, with priority targets now identified for further investigation. The JV covers Arc’s Zambian copper project, which spans 870 km² in the country’s North Western province.… Read More Here
Kizito Pakabomba Advocates DRC’s Participation in Mining Indaba and PDAC 2025 to Unlock its Potential 7 Mining in DRC Events & Expos 

Kizito Pakabomba Advocates DRC’s Participation in Mining Indaba and PDAC 2025 to Unlock its Potential

Constance
Congolese Minister of Mines, Kizito Pakabomba Kapinga, has emphasized the importance of the Democratic Republic of Congo’s (DRC) participation in two key mining events in 2025: the Mining Indaba, from February 2 to 6 in Cape Town, South Africa, and the Prospectors and Developers Association of Canada (PDAC) forum, from March 2 to 5 in Toronto. Minister Pakabomba highlighted these forums as critical platforms for promoting long-term economic growth and sustainable development. He noted that such events provide opportunities to attract investments, form partnerships, and explore technological advancements in the… Read More Here
Peru's Energy and Mines Minister Ousted Amid Mining Protests 8 International 

Peru’s Energy and Mines Minister Ousted Amid Mining Protests

Constance
Peru’s Congress removed Energy and Mines Minister Rómulo Mucho from his post on Tuesday following protests by small-scale miners demanding an extension of a program that allows temporary operations. Small-scale miners in the Andean nation have been calling for a two-year extension of the program, which authorities argue has contributed to the growth of illegal mining. The program is set to expire on December 31, and the government recently proposed a six-month extension for miners to formalize their operations. However, miners have rejected the proposal, citing insufficient time to comply.… Read More Here
Vedanta to Invest $2 Billion in Saudi Copper Processing Facilities 9 International Copper 

Vedanta to Invest $2 Billion in Saudi Copper Processing Facilities

Constance
Vedanta Copper, a subsidiary of India’s Vedanta, has unveiled plans to invest $2 billion in copper-processing facilities in Saudi Arabia. This investment underscores the kingdom’s ambition to become a global hub for metals and mining, aligning with its Vision 2030 economic diversification strategy. The investment will fund the construction of a cutting-edge smelter and refinery with an annual production capacity of 400,000 tonnes of refined copper. Vedanta also plans to establish a facility capable of producing up to 300,000 tonnes of copper rods annually, a key component in electric cable… Read More Here
Peruvian Artisanal Miners Demand Extension of Temporary Mining Program 10 International 

Peruvian Artisanal Miners Demand Extension of Temporary Mining Program

Constance
Thousands of small-scale miners in Peru are protesting for an extension of the REINFO program, which allows them to operate temporarily while awaiting formalization. Demonstrations include road blockages and a campsite outside Congress, as miners push back against the government’s proposed six-month extension after the program expires on December 31. Led by the National Confederation of Small and Artisanal Mining (Confemin), miners argue that the limited extension is insufficient for formalization and demand a two-year extension along with new legislation to support their efforts. Protesters have blocked highways in southern… Read More Here

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