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Mali Renews Barrick’s Loulo-Gounkoto Gold Mining Permit for 10 Years After Resolving Dispute

February 15, 2026February 15, 2026 Constance

Mali Extends Barrick’s Loulo-Gounkoto Gold Mining Permit by 10 Years Following Settlement Agreement Mali’s government has approved a draft decree to renew the gold mining permit for the Loulo-Gounkoto complex, operated by Barrick Gold, for an additional 10 years. The announcement was made in an official statement issued Friday by the country’s military leadership. Mali, one of Africa’s largest gold producers, finalized a settlement with Barrick in November after nearly two years of negotiations. The dispute stemmed from Mali’s 2023 mining code reforms, which increased taxes and expanded the state’s… Read More Here

Mining in Zambia Copper Corporate News Sponsored Content

Kansanshi Awards US$35.25 Million Transport Contracts to Zambian Firms, Boosting Local Content and Jobs

February 15, 2026February 15, 2026 Constance

Kansanshi Mining PLC has awarded employee transportation service contracts worth a combined US$35.25 million to four Zambian-owned companies, Quattro, Inzu, Temas, and Intertrek, in a move that underlines the mine’s commitment to strengthening local participation in Zambia’s mining value chain and creating sustainable economic opportunities in North-Western Province. The contracts, which will run for three years from 1 February 2026 to 31 January 2029, replace the previous one-year arrangements and provide contractors with greater operational certainty, long-term planning confidence, and improved access to investment opportunities. According to Kansanshi Mining PLC,… Read More Here

International Corporate News Mergers & Acquisitions

Sandvik to Acquire ThoroughTec Simulation to Expand Mining Training Solutions

February 15, 2026February 15, 2026 Constance

Sandvik Acquires South Africa’s ThoroughTec to Strengthen Digital Mining and Operator Training Capabilities Sandvik has announced the acquisition of South Africa-based ThoroughTec Simulation, a specialist in advanced mining equipment simulators and training management systems. The company will be integrated into Sandvik’s Parts and Services division within its Mining business area. The transaction, expected to close in the second quarter of 2026 subject to customary regulatory approvals, will enhance Sandvik’s digital mining ecosystem and aftermarket service offering. The purchase price was not disclosed. Strengthening Operator Training and Safety ThoroughTec develops OEM-agnostic… Read More Here

International Corporate News Mergers & Acquisitions

Rio Tinto and Glencore Abandon Plans for $232 Billion Mining Mega-Merger

February 15, 2026February 15, 2026 Constance

Rio Tinto and Glencore Call Off $232 Billion Merger Talks Amid Governance and Valuation Disputes Rio Tinto and Glencore have terminated discussions over a proposed mega-merger that would have created the world’s largest mining company, with a combined market value of approximately $232 billion. The collapse comes just ahead of a deadline for Rio Tinto to submit a firm offer. After nearly a year of intermittent negotiations, talks broke down within 24 hours, with Rio announcing it was no longer pursuing a merger or other business combination with Glencore, citing… Read More Here

International Battery Metals Lithium

Zimbabwe to Launch Africa’s First Lithium Sulphate Plant at Bikita Mine

February 15, 2026February 15, 2026 Constance

Zimbabwe to Commission Africa’s First Lithium Sulphate Plant, Strengthening Its Role in the Global EV Battery Supply Chain Zimbabwe is preparing to inaugurate Africa’s first lithium sulphate processing plant, marking a significant milestone in the country’s mineral beneficiation strategy. The facility is being developed by Prospect Lithium Zimbabwe (PLZ), the country’s largest lithium producer, with financial backing from Zhejiang Huayou Cobalt Co. The plant, located at Huayou’s Bikita Mine in southeastern Zimbabwe, has attracted approximately US$500 million in investment and has now reached the equipment commissioning phase a key step… Read More Here

Mining in DRC Events & Expos

DRC Positions Itself as a Central Player in Africa’s Mining Transformation at Mining Indaba 2026

February 10, 2026February 10, 2026 Constance

DRC Signals Strong Commitment to Sustainable Mining and Strategic Partnerships at Mining Indaba 2026 The Democratic Republic of Congo (DRC) made a strong showing at the Investing in African Mining Indaba 2026 Ministerial Symposium, affirming its ambition to play a central role in the transformation of Africa’s mining sector. Speaking in Cape Town, Congolese authorities delivered a clear and consistent message: political stability, strategic partnerships, and sustainable resource development now form the cornerstone of the country’s mining vision. Addressing the ministerial plenary session themed “Investing in Africa: Mobilizing Capital through… Read More Here

Mining in DRC Copper Economy

Copper Prices Rebound as Global Demand Strengthens and DRC Eyes Strategic Gains

February 10, 2026February 10, 2026 Constance

Copper Prices Recover in Early 2026 as Demand from Energy and Digital Sectors Accelerates After several weeks of decline, copper one of the Democratic Republic of Congo’s (DRC) most important mineral exports is showing a clear recovery on international markets at the start of February 2026. According to projections from the National Market Commission of the Congolese Ministry of Foreign Trade, copper prices are expected to average USD 13,347.90 per tonne for the period from February 9 to 14, 2026, up from USD 12,943 per tonne the previous week. This… Read More Here

Mining in DRC Corporate News Events & Expos

Gécamines Overhaul Positions the DRC at the Heart of Global Strategic Minerals

February 10, 2026February 10, 2026 Constance

DRC Unveils Gécamines Strategy to Strengthen Governance and Capture More Value from Strategic Minerals The Democratic Republic of Congo (DRC) is seeking to establish exemplary governance of its strategic minerals, ensuring their exploitation aligns with sustainable development goals and national economic sovereignty. Central to this ambition is the transformation of Gécamines, the state-owned mining company, from a passive asset holder into an active and influential market player. Speaking at the Investing in African Mining Indaba in South Africa, Gécamines Director General Placide Nkala outlined six strategic pillars guiding the company’s… Read More Here

Mining in DRC

DRC Mining Sector Enters New Era with Worker Ownership Mandate

February 9, 2026February 9, 2026 Constance

DRC Mining Reform: Minister Kabamba Enforces Mandatory 5% Congolese Worker Ownership in Mining Companies In the Democratic Republic of Congo (DRC), the mining sector is entering a new phase of governance and accountability. Minister of Mines Louis Watum Kabamba has announced the strict enforcement of legal provisions that guarantee Congolese workers a direct stake in the capital of mining companies operating in the country. Citing Article 71 bis of the Mining Code and Article 144 bis of the Mining Regulations, Minister Kabamba reiterated that it is legally mandatory for all… Read More Here

Mining in Zambia Events & Expos

President Hichilema Highlights Strategic Partnerships at Mining Indaba 2026

February 9, 2026February 9, 2026 Constance

Resources Key to Revitalising Africa, Mining Indaba Hears CAPE TOWN, 9 February 2026 – Africa’s resource wealth has the potential to drive unprecedented prosperity but only when harnessed through strategic partnerships, Zambian President Hakainde Hichilema told delegates at the Investing in African Mining Indaba 2026. Delivering the keynote speech on the opening day of the continent’s largest mining investment event, President Hichilema emphasized that mining is central to revitalizing Africa and securing its rightful place in the global economy. Drawing on Zambia’s experience, President Hichilema outlined how his government had… Read More Here