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Category: Corporate News

Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks 1 Mining in DRC Corporate News 

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

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
Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector 2 Mining in Zambia Corporate News Events & Expos Sponsored Content 

Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector

Constance
A landmark event reshapes supplier engagement and sets a new benchmark for collaborative mining in Zambia Mingomba Mining Limited, a joint venture of KoBold Metals and ZCCM-IH, launched its first-ever Service and Suppliers Fair, a landmark event that signals a bold new chapter for Zambia’s mining industry. Held in Chililabombwe, the two-day gathering brought together hundreds of contractors, entrepreneurs, government officials, and industry leaders to explore partnership opportunities as the company advances toward full-scale mine development. For Mingomba and its parent company KoBold Metals, a California-based exploration and technology firm,… Read More Here
Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru 3 Copper Corporate News Mining in DRC 

Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru

Constance
Glencore Copper Production Drops 17% in Early 2025, Rebounds in Q3 with Higher Grades at Key Sites Global mining giant Glencore produced 583,500 tonnes of copper in the first quarter of 2025 — a 17% decrease compared to the same period in 2024. According to an official company statement, the decline stemmed from lower ore grades and reduced recovery rates, consistent with its planned mining sequence. The most significant reductions came from: Collahuasi: -59,000 tonnes Antamina: -23,400 tonnes Antapaccay: -15,200 tonnes Kamoto Copper Company (KCC): -16,800 tonnes Strong Third-Quarter Recovery… Read More Here
Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC 4 Mining in DRC Corporate News 

Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC

Constance
Glencore DRC Reports Strong 2024 Performance with Industrial Recovery, $53 Million in Social Investments, and Renewed Energy Partnerships The year 2024 was a defining one for Glencore in the Democratic Republic of Congo (DRC). Marked by the resumption of industrial operations, major investments, and expanded social initiatives, the company strengthened its position as a global leader in responsible and sustainable mining. Speaking at the 7th Annual Glencore Conference on November 4, 2025, themed “Ensuring the Future of Global Standards with Social Impact,” Marie-Chantal Kaninda, President of Glencore DRC and Chair… Read More Here
DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership 5 Mining in DRC Copper Corporate News 

DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership

Constance
DRC Copper Market Boosted by ERG-Mercuria $100M Deal Amid Rising Global Demand The Democratic Republic of Congo (DRC) continues to solidify its position as a key global copper producer. On October 30, 2025, Swiss trader Mercuria Energy Trading announced a three-year agreement with Eurasian Resources Group (ERG) to purchase copper from its Congolese assets. The partnership includes a pre-financing facility of up to $100 million, though specific details such as pricing, copper volumes, or interest rates were not disclosed. While such agreements are common in the sector, the deal has… Read More Here
Carter Center Delegation Visits MMG Kinsevere Mine to Review Community and Environmental Initiatives 6 Mining in DRC Corporate News 

Carter Center Delegation Visits MMG Kinsevere Mine to Review Community and Environmental Initiatives

Constance
Carter Center Leaders Tour MMG Kinsevere Mine, Evaluate Community Projects and Environmental Management A 14-person delegation led by Ms. Paige Alexander, President and CEO of The Carter Center, visited the MMG Kinsevere mine on Friday, November 7, 2025, where they were welcomed by the mine’s General Manager, Mr. Yi Chen. The visit focused on mining innovation, community project implementation, and environmental risk management. The delegation toured the mine and processing facilities, including the RGA plant, regarded as one of Central Africa’s most modern copper processing sites. They reviewed the investments… Read More Here
De Beers Appoints Kevin Smith as Interim COO Following Burger Greeff’s Retirement 7 Mining Personality Corporate News Diamond International 

De Beers Appoints Kevin Smith as Interim COO Following Burger Greeff’s Retirement

Constance
De Beers Names Kevin Smith Interim COO as Veteran Executive Burger Greeff Retires De Beers has appointed Kevin Smith, currently Executive VP of Corporate Affairs & Strategy, as interim Chief Operating Officer (COO), effective 1 December 2025. He succeeds Burger Greeff, who is retiring after 30 years with the group. “As COO, Burger has brought integrity, strategic foresight, and unwavering commitment to our purpose. His contributions have helped shape our operations and inspired many across the business,” said CEO Al Cook. “With Burger’s departure, I am delighted that Kevin Smith,… Read More Here
Anglo Asian Mining Secures Trafigura Contract for Demirli Copper Mine Concentrates 8 International Copper Corporate News 

Anglo Asian Mining Secures Trafigura Contract for Demirli Copper Mine Concentrates

Constance
Anglo Asian Mining Signs Trafigura Deal and Receives Licenses for Demirli Copper Mine Operations Anglo Asian Mining has secured a sales contract with global commodities trader Trafigura for concentrates produced at its newly commissioned Demirli copper mine in Karabakh, Azerbaijan. The contract includes a revolving prepayment facility of up to $25 million, with the first sale scheduled for mid-November 2025, the company confirmed. Production Milestones and Copper Strategy The Demirli mine, commissioned in July 2025, is forecast to produce 4,000 tonnes of copper concentrate this year, with production expected to… Read More Here
Glencore Considers Horne Smelter Future Amid Rising Environmental and Operational Costs 9 Corporate News International 

Glencore Considers Horne Smelter Future Amid Rising Environmental and Operational Costs

Constance
Glencore Reviews Horne Smelter Operations in Canada Due to Environmental Upgrades and Costs Glencore is reportedly evaluating the future of its Horne Smelter, Canada’s largest copper-metal producing facility, citing high environmental upgrade costs and operational expenses. The Swiss commodities giant operates both the Horne Smelter and the Canadian Copper Refinery (CCR) in Quebec, where Horne processes copper concentrates into anodes, which are then refined into cathodes at CCR. Industry sources estimate the combined annual output exceeds 300,000 tonnes, much of which is exported to the United States, a major net… Read More Here
Lucapa 171 carat diamond Diamond Corporate News International 

Botswana and Angola Explore Joint Bid for De Beers Amid Diamond Industry Shake-Up

Constance
Botswana and Angola Meet to Discuss Cooperation on De Beers Sale as Africa’s Diamond Market Shifts Botswana and Angola held high-level talks in Gaborone, Botswana, as both countries position themselves to gain control of De Beers, the diamond unit that Anglo American is selling as part of a corporate restructuring. Botswana’s Mines Minister Bogolo Joy Kenewendo and Angola’s Mineral Resources Minister Diamantino Pedro Azevedo met privately for approximately 40 minutes before making brief comments to the press. They confirmed discussions focused on diamond sector cooperation, energy, and logistics, though specific… Read More Here

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