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Category: Corporate News

SACIM Completes First Antwerp Diamond Sale in Over a Decade 1 Diamond Corporate News Mining in DRC 

SACIM Completes First Antwerp Diamond Sale in Over a Decade

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SACIM Sells 288,000 Carats in Antwerp as Congolese Industrial Diamonds Return to Open Market The Société Anhui Congo d’Investissement Minier (SACIM) has completed its first public sale of industrial diamonds in Antwerp, Belgium, totalling 288,000 carats. The transaction, held from 16 to 20 February 2026, marks a significant step in re-establishing the company’s presence on the international open market. The sale was conducted with technical coordination from Samir Gems and the Antwerp World Diamond Centre (AWDC). A total of 67 international companies participated, including buyers from China, India, the United… Read More Here
Barrick Mining Expands Executive Committee with Two Senior Appointments 2 International Corporate News Gold Mining Personality 

Barrick Mining Expands Executive Committee with Two Senior Appointments

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Barrick Mining Appoints Chief Legal and Global Affairs Officers to Strengthen Government and Policy Strategy Barrick Mining Corporation (NYSE: B; TSX: ABX) has strengthened its leadership team with the appointment of two new members to its executive committee, reinforcing its focus on government engagement and public policy as strategic priorities. The Toronto-based gold and copper producer announced the appointment of James J. McGuire as Chief Legal and Policy Officer and Woo Lee as Chief Global Affairs Officer. The company said the changes underscore its commitment to enhancing institutional capabilities that… Read More Here
Gemfields Generates $53 Million from Mozambique Ruby Auction 3 Gemstones Corporate News 

Gemfields Generates $53 Million from Mozambique Ruby Auction

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Gemfields Ruby Auction Raises $53M as Montepuez Mine Expands Processing Capacity Gemstone producer Gemfields reported revenue of $53 million from a mixed-quality rough ruby auction held from February 9 to 20. The rubies were sourced from Montepuez Ruby Mining (MRM), Gemfields’ 75%-owned operation in Mozambique and one of the world’s leading ruby deposits. At the auction, 121 of the 135 lots offered were sold, representing a 90% sales rate. In volume terms, 189,620 carats of the 214,509 carats available were purchased, equivalent to 88% of total carats on offer. The… Read More Here
Dump truck with sky view Mining in Zambia Copper Corporate News 

Govt Praises Kansanshi for Driving Local Supplier Development in North-Western Province

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Zambia Government Commends Kansanshi Mining for Local Supplier Tender and Bid Workshop The Zambian Government, through the Ministry of Mines and Minerals Development in North-Western Province, has applauded Kansanshi Mining PLC for hosting a Tender and Bid Workshop designed to enhance the capacity of local suppliers and contractors. Speaking at the closing session, North-Western Province Deputy Permanent Secretary Luckson Mulumbi underscored the critical role of local content development in strengthening Zambia’s mining value chain. He reaffirmed Government’s commitment to maintaining a stable, investor-friendly environment while ensuring that Zambians derive tangible… Read More Here
Kibali Breaks Revenue Record as Gold Prices Surge Despite Lower Output 4 Mining in DRC Copper Corporate News Economy Gold 

Kibali Breaks Revenue Record as Gold Prices Surge Despite Lower Output

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Kibali Gold Mine Revenue Tops $2.3 Billion in 2025 as Rising Gold Prices Offset Production Dip The Kibali gold mine in northeastern Democratic Republic of Congo delivered record financial results in 2025, generating approximately $2.3 billion in total revenue the strongest performance since large-scale production began in 2014. Operator Barrick Mining, which holds a 45% stake in the mine, reported that its attributable share amounted to $1.04 billion. On a full ownership basis, Kibali surpassed the $2 billion revenue mark for the first time, representing a 40% increase compared with… Read More Here
Gécamines Mining in DRC Corporate News Mining Personality 

DRC President Reshuffles Gecamines Leadership Amid US Minerals Talks

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DR Congo Replaces Gecamines Chair and CEO as US Minerals Deal Negotiations Advance The President of the Democratic Republic of Congo has replaced the board chair and chief executive of state mining company Gecamines, marking a significant leadership shake-up as negotiations with Washington over a minerals partnership gather momentum. According to an official statement broadcast on state television, Deogratias Ngele Masudi, a senior government official and former justice minister, has been appointed chair of Gecamines. Baraka Kabemba has been named the company’s new chief executive officer. Former chair Guy Robert… Read More Here
DRC, Belgium, and KoBold Metals in Dispute Over Colonial Mineral Archives 5 Mining in DRC Battery Metals Cobalt Copper Corporate News Lithium 

DRC, Belgium, and KoBold Metals in Dispute Over Colonial Mineral Archives

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Cobalt and Lithium Data Sparks Tension: DRC Seeks KoBold Metals Collaboration as Belgium Restricts Archive Access An economic and strategic dispute is unfolding between Belgium, the Democratic Republic of Congo (DRC), and the American company KoBold Metals, centering on colonial geological archives housed at the AfricaMuseum in Tervuren. These archives contain detailed data on the DRC’s mineral resources, including cobalt, lithium, and copper now critical to global supply chains. For Kinshasa, these documents are not just historical records; they represent strategic informational capital essential for attracting investment and optimizing resource… Read More Here
Jubilee Metals Reports Strong Half-Year Copper Performance in Zambia 6 Copper Corporate News Mining in Zambia 

Jubilee Metals Reports Strong Half-Year Copper Performance in Zambia

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Jubilee Metals Hits 30,000t/Month Copper Feed Rate at Roan, Advances Molefe Mine and Large Waste Project in Zambia Aim-listed Jubilee Metals has reported a strong set of results from its core copper operations in Zambia for the half-year ended 31 December 2025. The company’s Roan operations achieved the targeted 30,000 tonnes per month feed rate during the period, overcoming expected disruptions from the rainy season. Total saleable copper units produced reached 1,543 tonnes, up 8.7% compared with the same period last year. This figure excludes stockpiled copper fine concentrate at… Read More Here
Rio Tinto Reaffirms Organic Copper Growth Strategy After Glencore Talks Collapse 7 International Copper Corporate News 

Rio Tinto Reaffirms Organic Copper Growth Strategy After Glencore Talks Collapse

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Rio Tinto Prioritises Shareholder Value as Glencore Merger Talks End, Highlights Oyu Tolgoi Copper Growth and $650m Cost-Cut Plan After merger discussions with diversified miner and trader Glencore failed to reach agreement on valuation, diversified mining major Rio Tinto has underscored that its copper growth strategy is being delivered organically. Speaking during a results call, CEO Simon Trott confirmed that discussions covered the “full perimeter” of Glencore’s business. However, negotiations ultimately stalled over valuation concerns. “We went under the hood with a singular focus on whether we could create value… Read More Here
Kagem Mining Celebrates Four-Year Lost Time Injury-Free Safety Milestone 8 Mining in Zambia Corporate News Gemstones Mine Safety Safety & Health 

Kagem Mining Celebrates Four-Year Lost Time Injury-Free Safety Milestone

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Kagem Mining Achieves Four Years Without Lost Time Injury, Earns Recognition from Minerals Regulation Commission Kagem Mining Limited has been formally recognised by the Minerals Regulation Commission for achieving four consecutive years without a Lost Time Injury (LTI) a significant milestone in Zambia’s mining sector. The recognition marks a historic first for Kagem and underscores the company’s sustained commitment to workplace health and safety in a high-risk industry. Regulatory Commendation Director of Mine Inspections and Audits at the Minerals Regulation Commission, Engineer Elite L. Mhone, commended the company for its… Read More Here

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