Corporate News - Copperbelt Katanga Mining

Ivanhoe Electric Secures $200 Million Bridge Loan to Advance Santa Cruz Copper Mine 1

Ivanhoe Electric Secures Major Financing Boost as Santa Cruz Copper Project Advances Toward 2026 Construction Ivanhoe Electric (NYSE-A, TSX: IE) has secured a $200 million bridge loan from a syndicate of major international banks, strengthening its financing plan for the development of what could become the next major U.S. copper mine. In a statement on Thursday, the company announced that National Bank Capital Markets, Société Générale, and BMO Capital Markets are backing the loan, which Ivanhoe describes as “an important component” of the funding strategy for its Santa Cruz copper… Read More Here

Mining in DRC Coltan Corporate News

Mercuria Eyes DRC Coltan Market Amid Critical Minerals Expansion

November 14, 2025November 14, 2025 Constance

Swiss Trader Mercuria Expands into DRC Coltan Sector, Targeting Critical Minerals for Electronics Already a major player in the Democratic Republic of Congo’s (DRC) copper market, Swiss trading giant Mercuria is now expanding into critical minerals. Following a $100 million agreement with Eurasian Resources Group (ERG) in late October to finance and market part of Congo’s copper production, Mercuria is reportedly exploring opportunities in the coltan sector—a key mineral used in electronic components. Bloomberg reports that Mercuria is in talks with investment firm TechMet to modernize the Rubaya coltan deposit… Read More Here

Mining in DRC Corporate News Gold

Kibali Gold Mine Posts Strong Q3 2025 Production in DRC

November 14, 2025November 14, 2025 Constance

Kibali Gold Mine Boosts Third-Quarter Output by 21% in DRC, Strengthening Barrick’s Global Gold Portfolio The Kibali gold mine, the Democratic Republic of Congo’s (DRC) flagship gold asset, delivered a strong performance in the third quarter of 2025. According to the quarterly report released by operator Barrick Mining on Monday, November 10, 2025, Kibali produced 191,000 ounces of gold between July and September, marking a 21% increase compared to 159,000 ounces in the same period in 2024. The production growth was largely driven by a ramp-up in open-pit mining operations… Read More Here

Mining in Zambia Copper Corporate News

EITI International Team Visits Kansanshi Mine as Part of Zambia’s Transparency Validation

November 14, 2025November 14, 2025 Constance

Zambia’s Kansanshi Mining Hosts EITI Delegation in Ongoing Transparency and Governance Review A delegation from the Extractive Industries Transparency Initiative (EITI) International Secretariat visited Kansanshi Mining PLC in Solwezi as part of Zambia’s ongoing EITI Validation process. The exercise evaluates how effectively Zambian mining companies and government institutions adhere to global standards of transparency and governance in the extractive sector. The visiting team included Ahmed Zouari, Validation Lead; Edwin Wuadom Warden, EITI Country Manager; Sebastian Sahla, EITI Policy Manager; and Nyasha Vera, EITI Communications Officer. They were joined by Zambia… Read More Here

International Corporate News Gold

Shanta Gold Uncovers $5.28 Billion Underground Gold Deposits in Western Kenya

November 14, 2025November 14, 2025 Constance

$5.28 Billion Gold Reserves Discovered in Western Kenya’s Lirhanda Corridor, Boosting Mining Investment A British mining company, Shanta Gold Kenya Limited, announced on Wednesday the discovery of extensive underground gold deposits in Kakamega County, western Kenya, estimated to be worth more than $5.28 billion (Sh683 billion). Officials have described the find as a historic milestone for Kenya’s mineral sector. The discovery was made in the Lirhanda Corridor, a 1,200-kilometer mineral belt spanning Kakamega and Vihiga counties, following years of intensive exploration and drilling. “The project aims to secure the necessary… Read More Here

Corporate News Gold International

Barrick Mining Boosts Dividends and Launches Operational Review Amid Record Free Cash Flow

November 14, 2025November 14, 2025 Constance

Barrick Mining Reports $1.5B Free Cash Flow, Increases Dividend and Launches Nevada-Pueblo Viejo Operational Review Barrick Mining has used the first quarter following the unexpected resignation of CEO Mark Bristow to announce an operational review and measures to return capital to shareholders, supported by record free cash flow. The company reported $1.5 billion in free cash flow for the three-month period, driven by soaring gold prices that hit all-time highs in US dollars. In response, Barrick increased its base dividend and expanded its share buyback program. “This strong cash flow… Read More Here

Corporate News Gold International

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices

November 11, 2025November 11, 2025 Constance

Barrick Gold Reports Record $2.4 Billion Cash Flow and $1.3 Billion Profit in Q3 2025 as Gold Output Rises Barrick Gold Corporation reported record quarterly cash flow and earnings for the third quarter of 2025, fueled by higher gold production, lower operating costs, and robust commodity prices. The world’s second-largest gold miner said operating cash flow surged 82% from the previous quarter to $2.4 billion, while free cash flow jumped 274% to $1.5 billion. Net earnings climbed to $1.3 billion, or $0.76 per share, with adjusted earnings up 23% to… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions News in Brief

Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition

November 11, 2025November 11, 2025 Constance

Shuka Minerals Secures Initial $300,000 from GMI to Advance Zambia Zinc Mine and Leopard Exploration Deal Shuka Minerals, an AIM-listed mining company, has received an initial $300,000 funding tranche from its financing partner Gathoni Muchai Investments (GMI) as part of an expanded loan facility to support its planned acquisition of Leopard Exploration and Mining and the Kabwe Zinc Mine in Zambia. The payment marks a key step toward completing the acquisition, which had been delayed due to funding holdups from GMI. Under the revised financing arrangement, GMI has confirmed that… Read More Here

Mining in DRC Corporate News Lithium

Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute

November 11, 2025November 11, 2025 Constance

ASIC Sues AVZ Minerals Over Alleged Failure to Disclose Congo Lithium Dispute Australia’s corporate regulator has filed a lawsuit against AVZ Minerals Ltd. and two of its directors, accusing the company of failing to disclose a major legal dispute with the Democratic Republic of the Congo (DRC) over its stake in one of the world’s largest lithium projects. The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it has initiated civil proceedings against the Perth-based miner, alleging breaches of continuous disclosure obligations and misleading and deceptive conduct related… Read More Here

Mining in DRC Corporate News

Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks

November 11, 2025November 11, 2025 Constance

Mercuria, TechMet Weigh Tantalum Mining Partnership in Eastern Congo as US Seeks Peace and Strategic Minerals Access Mercuria Energy Group Ltd. has held preliminary discussions with TechMet Ltd., a US-backed critical minerals investment company, over a potential partnership to develop one of the world’s richest tantalum deposits in the conflict-torn eastern Democratic Republic of Congo (DRC) — contingent on a US-brokered peace deal. According to people familiar with the matter, the Geneva-based commodities trader and TechMet are considering a joint venture to modernize mining and processing operations near Rubaya, an… Read More Here