Corporate News - Copperbelt Katanga Mining

Anglo American Denies Favouring Buyer as De Beers Sale Talks Continue

July 30, 2026July 30, 2026 Constance0 comment

Anglo American Says No Preferred Bidder as De Beers Sale Could Fetch $1 Billion Anglo American has denied favouring any particular buyer for its diamond business, De Beers, as the mining group continues to explore options for the struggling unit. Anglo American CEO Duncan Wanblad said on Thursday that the company was “not exclusive with any consortium”, rejecting reports that it was favouring a consortium led by former De Beers CEO Gareth Penny. The comments come as Anglo American considers potential offers for De Beers amid prolonged weakness in the… Read More Here

Corporate News International Mining Personality

Vedanta Names Arun Misra CEO as First-Quarter Profit Surges

July 30, 2026July 30, 2026 Constance0 comment

Vedanta Appoints Arun Misra as CEO as Q1 Profit Jumps 72% on Strong Metal Prices Indian metals and mining conglomerate Vedanta has appointed Arun Misra as chief executive officer for a one-year term starting August 1, 2026, as the company reported a sharp increase in first-quarter profit driven by stronger metal prices. Misra, who currently heads Vedanta subsidiary Hindustan Zinc, will take over as CEO as the group benefits from favourable market conditions across its metals portfolio. Vedanta reported consolidated net profit of 54.73 billion Indian rupees ($572.4 million) for… Read More Here

Mining in DRC Copper Corporate News

Ivanhoe Mines Returns to Profit as Kamoa-Kakula Copper Operations Recover

July 30, 2026July 30, 2026 Constance0 comment

Ivanhoe Mines Posts $46 Million Profit as Kamoa-Kakula Copper Production Recovers TSX-listed Ivanhoe Mines returned to profitability in the second quarter of 2026, reporting a net profit of $46 million as operations at its Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC) continued to recover from disruptions earlier in the year. The company reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of $179 million for the quarter, up from $123 million in the same period last year. Kamoa-Kakula contributed $152 million of attributable EBITDA. The copper… Read More Here

Mining in DRC Corporate News Rare Earth Minerals

DRC Moves to Expand Local Value Addition in Strategic Germanium Sector

July 30, 2026July 30, 2026 Constance0 comment

DRC Advances Germanium Processing Strategy as STL-Umicore Partnership Gains Belgian State Backing The Democratic Republic of Congo (DRC) is advancing efforts to move up the mining value chain, with a strategic partnership between the Société du Terril de Lubumbashi (STL) and Belgian group Umicore expected to strengthen the country’s germanium industry. The Belgian Council of Ministers’ approval of a state guarantee for the partnership marks an important step in the development of the strategic mineral sector and provides additional support for planned investments. The partnership aligns with the DRC government’s… Read More Here

Corporate News Copper

FQM Reports $136m Profit as Copper Production and Kansanshi Performance Improve

July 29, 2026July 29, 2026 Constance0 comment

First Quantum Posts $136m Profit as Copper Output Rises and Kansanshi Beats Capacity TSX-listed First Quantum Minerals reported net earnings attributable to shareholders of $136 million, or $0.16 a share, for the second quarter, as stronger copper sales and higher realised prices supported its recovery from the financial pressure caused by the prolonged shutdown of its Cobre Panamá mine. The company recorded an adjusted loss of $106 million, or $0.13 a share, while gross profit rose to $297 million and EBITDA reached $400 million. Compared with the same period last… Read More Here

Copper Corporate News International

Glencore Copper Production Jumps 15% in First Half as African Operations Boost Output

July 29, 2026July 29, 2026 Constance0 comment

Glencore Copper Production Rises 15% in H1 as African Mines Lift Output, Cobalt Falls 46% Global mining and commodities company Glencore increased copper production by 15% in the first half of the year, supported by higher grades at key operations in Africa and at its Antamina mine in Peru. The Swiss-based miner produced 397,000 tonnes of copper during the six months, up from 343,900 tonnes in the same period of 2025. Glencore attributed the increase primarily to improved copper grades at its African operations and Antamina, strengthening its production performance… Read More Here

International Battery Metals Corporate News Lithium

Andrada Extends Lithium Ridge Mineralised Trend to 9km in Namibia

July 29, 2026July 29, 2026 Constance0 comment

Andrada Mining Extends Namibia’s Lithium Ridge Mineralisation to 9km, Identifies High-Grade Lithium, Tin and Tantalum Aim-listed Andrada Mining has extended the identified surface mineralisation at its Lithium Ridge project in Namibia by 50% to 9 km following the completion of a licence-wide sampling programme. The company said the programme identified high-grade lithium, tin and tantalum anomalies across multiple previously identified pegmatites within the project’s licence area. The results build on earlier findings that confirmed mineralisation along the main Lithium Ridge trend. Several grab samples returned lithium oxide grades above 3.5%,… Read More Here

International Corporate News Gold

Barrick Safely Evacuates Workers Stranded at Chilean Mining Camp After Severe Storms

July 28, 2026July 28, 2026 Constance0 comment

Barrick Safely Evacuates Workers Stranded by Severe Storms in Chile Barrick Mining Corp. has safely evacuated workers who were stranded at its Barriales camp in northern Chile after severe storms blocked road access and disrupted transport routes. The company said all evacuated workers were in good health following rescue operations that began on Friday and resumed early Saturday after weather conditions improved enough to allow helicopter flights. Chile’s Economy and Mining Minister Daniel Mas also confirmed the safe evacuation of the workers in a post on X. Barrick said it… Read More Here

Mining in DRC Corporate News

Civil Society Urges DRC to Fast-Track Independent Audit of Sicomines Agreement

July 26, 2026July 26, 2026 Constance0 comment

DRC Civil Society Calls for Urgent Independent Audit of Sicomines Project to Improve Transparency and Accountability The Congo Is Not for Sale Coalition (CNPAV) has called on President Félix Tshisekedi and Prime Minister Judith Suminwa Tuluka to accelerate the implementation of an independent technical and financial audit of the Sicomines mining project, describing it as essential to improving transparency, accountability and governance in one of the Democratic Republic of Congo’s largest mining partnerships. In a statement issued on 23 July, the coalition urged the government to maintain momentum on the… Read More Here

International Coal Corporate News

Jindal Group Invests $160 Million to Build Africa’s First Fully Electric Coal Mine

July 24, 2026July 24, 2026 Constance0 comment

Mozambique Secures $160 Million Investment as Jindal Develops Africa’s First Fully Electric Coal Mine Indian billionaire Sajjan Jindal’s Jindal Group has committed $160 million to transform its Moatize coal mine in Mozambique into Africa’s first fully electric coal mining operation, marking a major step toward more efficient and lower-emission mining on the continent. The investment will fund the development of a 300-megawatt power system to electrify mining operations, coal processing facilities and rail transport infrastructure at the Vulcan-operated mine in Tete Province. Replacing diesel-powered equipment with electric systems is expected… Read More Here