Constance - Copperbelt Katanga Mining

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The Zambia International Mining and Energy Conference Returns for its 12th Edition from 19 to 20 March 2025

January 19, 2025January 19, 2025 Constance0 comment

Now is an opportune time to invest in Zambia’s mining and energy sectors and this is clearly demonstrated at the annual Zambia International Mining and Energy Conference and Exhibition (ZIMEC). Returning for its 12th edition and the third held right in the heart of Zambia’s Copperbelt, ZIMEC 2025 will run from the 19th to the 20th of March 2025 at the Garden Court Hotel in the mining city of Kitwe. Held under the High Patronage of The President of the Republic of Zambia, His Excellency Hakainde Hichilema, the event is… Read More Here

International Energy

China’s Grid Investments Surge to Support Record Renewable Energy Growth

January 17, 2025January 17, 2025 Constance0 comment

China, the global leader in renewable energy development, is ramping up its investment in power infrastructure to ensure that its rapidly growing clean energy capacity reaches homes and businesses effectively. In the first 11 months of last year, spending on power transmission infrastructure surged 19% to 529 billion yuan ($72 billion), according to the National Energy Administration. While funding for new power generation capacity reached 866.5 billion yuan, its growth rate was 12%, marking the first time since 2018 that grid investment outpaced generation projects. State Grid Corporation of China,… Read More Here

Mining in Zambia Copper Partnership

ZAMBIA AND SAUDI ARABIA SIGN MOU OF COOPERATION IN MINERAL RESOURCES

January 17, 2025January 17, 2025 Constance0 comment

Minister of Mines and Mineral Resources, Hon. Paul C. Kabuswe, MP, and His Excellency Mr. Bandar bin Ibrahim Al- Khorayef, Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia, have signed a Memorandum of Understanding (MoU) of Cooperation in Mineral Resources in the Mining Sector. The MoU was signed in Riyadh, Kingdom of Saudi Arabia, on the 14 January 2025, on the sidelines of the 2025 Future Minerals Forum that was taking place from 14th to 16th January. The MoU aims to foster collaboration between the two… Read More Here

International Copper

Copper Production Declines in Peru as Antamina Mine Output Drops

January 17, 2025January 17, 2025 Constance0 comment

Peru, the world’s third-largest copper producer, reported a decline in copper output for November, primarily due to reduced production at the Antamina mine. According to the Ministry of Energy and Mines, national copper production fell 4.6% year-over-year in November, reaching 241,883 metric tons. Cumulative output for 2024 through November stood at 2.47 million tons, representing a 1.1% decline compared to the same period in 2023. The drop in November’s output was significantly impacted by a 31% decrease in production from the Antamina mine. The mine, jointly operated by Glencore, BHP,… Read More Here

International Copper

Chile Projects Copper Output Growth Amid Global Competition

January 17, 2025January 17, 2025 Constance0 comment

Chile, the world’s leading copper producer, is set to increase its copper output to 5.54 million metric tons by 2034, marking a 5.6% rise from 2023 levels, according to the state-run copper commission Cochilco. In 2024, Chile accounted for 23.6% of global copper production. By 2034, Cochilco anticipates this share will rise to 27.3%, further cementing the country’s dominance in the copper market. Despite this growth, fluctuations in annual output are expected due to challenges such as aging mines. Cochilco predicts that Chile’s copper production will peak at 6.07 million… Read More Here

International Mining safety

South African Rescue Efforts Conclude After 78 Deaths at Illegal Gold Mine

January 17, 2025January 17, 2025 Constance0 comment

Efforts to rescue miners from an illegal gold mine near Stilfontein, southwest of Johannesburg, ended on Thursday. At least 78 miners died during a months-long police siege that local labor groups have condemned as a humanitarian crisis. The police had encircled the mine since August, cutting off food and water in an attempt to force the miners out for arrest. The GIWASU labor union described the incident as “the worst state-sponsored massacre since the end of apartheid.” Since Monday, rescuers used a cylindrical metal cage to retrieve 78 bodies and… Read More Here

Corporate News Sponsored Content

DGC Workforce Solutions: Empowering Africa’s Industrial Future

January 17, 2025January 21, 2025 Constance0 comment

In the dynamic landscape of African industry, DGC Workforce Solutions stands as a testament to over 115 years of excellence and innovation. As a distinguished division of the Dickinson Group of Companies, established in 1910, DGC Workforce Solutions has evolved from its industrial services foundations to become a premier provider of integrated workforce solutions across the continent. Legacy of Excellence & Leadership Dickinson Group of Company’s journey spans more than a century of industrial expertise, during which DGC Workforce Solutions has consistently adapted to meet Africa’s evolving industrial challenges. Our… Read More Here

Corporate News International

Mali’s Gold Seizure Forces Barrick Gold to Suspend Operations at Loulo-Gounkoto

January 17, 2025January 17, 2025 Constance0 comment

Barrick Gold has announced the temporary suspension of operations at its Loulo-Gounkoto mining complex in Mali after the Malian government seized three metric tons of gold, valued at approximately $245 million, over the weekend. The gold, confiscated on Saturday and transported by Air Force helicopters, is being sent to the state-owned Banque Malienne de Solidarité (BMS) in Bamako, according to sources. This action follows a court-ordered seizure issued by Judge Boubacar Moussa Diarra, based on claims by Mali’s economy ministry that Barrick owes $5.5 billion in taxes—a figure drastically higher… Read More Here

Mining in Zambia Copper Press Release

Kansanshi Mining PLC Condemns Alleged Misconduct and Supports Investigation

January 14, 2025January 14, 2025 Constance0 comment

(Solwezi, Zambia) – 13.01.25 Kansanshi Mining PLC is aware of serious allegations circulating on social media relating to construction contractors temporarily attached to our operations.Kansanshi Mining PLC condemns in the strongest possible terms any form of abuse, exploitation, or behaviour that violates the rights and dignity of individuals, particularly vulnerable members of our community. We are deeply concerned about the allegations and want to reassure the public that we take these matters with the utmost seriousness. As a responsible corporate citizen, we are cooperating fully with the police and relevant… Read More Here

International Contracts & tenders Corporate News

Barrick Gold Warns Shareholders Against Below-Market Mini-Tender Offer

January 13, 2025January 13, 2025 Constance0 comment

Canadian mining giant Barrick Gold has issued a caution to its shareholders regarding an unsolicited mini-tender offer from TRC Capital Investment. The offer seeks to acquire up to five million of Barrick’s common shares, representing approximately 0.29% of its outstanding shares, at a below-market price of C$21.35 per share. Barrick highlighted in a statement on Monday that the offer price reflects a discount of 4.52% on the Toronto Stock Exchange (TSX) and 4.38% on the New York Stock Exchange (NYSE) closing prices as of January 7. The company clarified that… Read More Here