Corporate News - Copperbelt Katanga Mining

Rio Tinto Reaffirms Organic Copper Growth Strategy After Glencore Talks Collapse 1

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

Mining in Zambia Corporate News Gemstones Mine Safety Safety & Health

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

February 20, 2026February 21, 2026 admin

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

Mining in DRC Corporate News Events & Expos

TFM Showcases Economic Impact and Calls for Energy Reform at DRC Breakfast During Mining Indaba

February 20, 2026February 20, 2026 admin

Tenke Fungurume Mining Highlights $8 Billion Contribution to DRC Economy at Mining Indaba 2026 Tenke Fungurume Mining (TFM) Deputy Managing Director John Woto addressed delegates on 11 February 2026 at the DRC Breakfast held on the sidelines of Mining Indaba in Cape Town, South Africa. The event, staged at CTICC 2 under the theme “Global value chains: the economic case for upstream and downstream investments in the DRC”, brought together government officials, investors and industry stakeholders. Among those present was the DRC’s Minister of Mines. During his address, Woto outlined… Read More Here

Mining in Zambia Corporate News Hydro power plant

FQM and Anzana to Develop 50 MW Hydropower Projects in Northern Zambia

February 16, 2026February 16, 2026 Constance

First Quantum and Anzana Electric Partner on 50 MW Hydropower Projects to Power Zambia’s North-Western Mines First Quantum Minerals (FQM) and Anzana Electric Group have announced a strategic partnership to develop new hydropower projects in northern Zambia. The initiative aims to supply up to 50 megawatts (MW) of reliable baseload electricity by 2030 to support FQM’s mining operations in the country’s North-Western Province. FQM operates along Zambia’s section of the Lobito Corridor, a strategic trade and mineral development route backed by the United States government and other G7 partners. The… Read More Here

Mining in DRC Artisanal mining Corporate News Events & Expos Partnership

ERG Africa and EGC Partner to Formalise Artisanal Cobalt Mining in DRC

February 16, 2026February 16, 2026 Constance

ERG Africa and EGC Sign MoU to Strengthen Responsible Artisanal Cobalt Mining in the DRC On the sidelines of the Investing in African Mining Indaba, held from February 9 to 11 in Cape Town, Eurasian Resources Group (operating as ERG Africa) and Entreprise Générale du Cobalt (EGC) signed a memorandum of understanding (MoU) to advance the sustainable and responsible development of artisanal cobalt mining in the Democratic Republic of the Congo (DRC). The agreement, signed in the presence of Mines Minister Louis Watum Kabamba, forms part of a public-private partnership… Read More Here

International Corporate News News in Brief Safety & Health

Fatal Incident at SimFer Project Halts Operations in Guinea

February 15, 2026February 15, 2026 Constance

Contractor Fatality at Rio Tinto’s SimFer Iron Ore Project Suspends Operations in Guinea A contract worker died on Saturday following an incident at the SimFer iron ore project in Nzérékoré, Guinea, according to a statement issued by Rio Tinto. The company did not disclose specific details regarding the circumstances of the incident. All operations at the SimFer site have been suspended pending further review. The temporary shutdown is intended to ensure site safety and support the ongoing investigation. Rio Tinto confirmed that an internal investigation is underway to determine the… Read More Here

International Corporate News Gold

Mali Renews Barrick’s Loulo-Gounkoto Gold Mining Permit for 10 Years After Resolving Dispute

February 15, 2026February 15, 2026 Constance

Mali Extends Barrick’s Loulo-Gounkoto Gold Mining Permit by 10 Years Following Settlement Agreement Mali’s government has approved a draft decree to renew the gold mining permit for the Loulo-Gounkoto complex, operated by Barrick Gold, for an additional 10 years. The announcement was made in an official statement issued Friday by the country’s military leadership. Mali, one of Africa’s largest gold producers, finalized a settlement with Barrick in November after nearly two years of negotiations. The dispute stemmed from Mali’s 2023 mining code reforms, which increased taxes and expanded the state’s… Read More Here

Mining in Zambia Copper Corporate News Sponsored Content

Kansanshi Awards US$35.25 Million Transport Contracts to Zambian Firms, Boosting Local Content and Jobs

February 15, 2026February 15, 2026 Constance

Kansanshi Mining PLC has awarded employee transportation service contracts worth a combined US$35.25 million to four Zambian-owned companies, Quattro, Inzu, Temas, and Intertrek, in a move that underlines the mine’s commitment to strengthening local participation in Zambia’s mining value chain and creating sustainable economic opportunities in North-Western Province. The contracts, which will run for three years from 1 February 2026 to 31 January 2029, replace the previous one-year arrangements and provide contractors with greater operational certainty, long-term planning confidence, and improved access to investment opportunities. According to Kansanshi Mining PLC,… Read More Here

International Corporate News Mergers & Acquisitions

Sandvik to Acquire ThoroughTec Simulation to Expand Mining Training Solutions

February 15, 2026February 15, 2026 Constance

Sandvik Acquires South Africa’s ThoroughTec to Strengthen Digital Mining and Operator Training Capabilities Sandvik has announced the acquisition of South Africa-based ThoroughTec Simulation, a specialist in advanced mining equipment simulators and training management systems. The company will be integrated into Sandvik’s Parts and Services division within its Mining business area. The transaction, expected to close in the second quarter of 2026 subject to customary regulatory approvals, will enhance Sandvik’s digital mining ecosystem and aftermarket service offering. The purchase price was not disclosed. Strengthening Operator Training and Safety ThoroughTec develops OEM-agnostic… Read More Here

International Corporate News Mergers & Acquisitions

Rio Tinto and Glencore Abandon Plans for $232 Billion Mining Mega-Merger

February 15, 2026February 15, 2026 Constance

Rio Tinto and Glencore Call Off $232 Billion Merger Talks Amid Governance and Valuation Disputes Rio Tinto and Glencore have terminated discussions over a proposed mega-merger that would have created the world’s largest mining company, with a combined market value of approximately $232 billion. The collapse comes just ahead of a deadline for Rio Tinto to submit a firm offer. After nearly a year of intermittent negotiations, talks broke down within 24 hours, with Rio announcing it was no longer pursuing a merger or other business combination with Glencore, citing… Read More Here