Shuka Minerals Completes Acquisition of Kabwe Zinc Mine in Zambia 1 Mining in Zambia Corporate News Mergers & Acquisitions Zinc 

Shuka Minerals Completes Acquisition of Kabwe Zinc Mine in Zambia

Shuka Minerals Acquires Kabwe Zinc Mine, Securing One of the World’s Highest-Grade Zinc Assets AIM- and AltX-listed Shuka Minerals has completed the acquisition of Leopard Exploration and Mining (LEM) and the historic Kabwe Zinc Mine in Zambia, concluding a lengthy acquisition process. With the transaction finalised, Shuka has secured ownership of one of the world’s richest and most significant zinc deposits, with ore grades reaching up to 43 per cent zinc. The Kabwe Mine has a long operational history, with more than 14 million tonnes of ore extracted since commercial… Read More Here
FQM Backs Panama Plan to Process Stockpiled Ore at Cobre Panama Mine 2 International Copper Corporate News 

FQM Backs Panama Plan to Process Stockpiled Ore at Cobre Panama Mine

First Quantum Welcomes Panama Move to Allow Stockpile Processing at Cobre Panama Copper Mine Canadian miner First Quantum Minerals has welcomed a proposal by Panama President José Raúl Mulino to allow the removal and processing of stockpiled ore at the company’s shuttered Cobre Panama copper mine, one of the largest open-pit copper operations in the world. In a statement issued on Thursday, First Quantum said that processing the existing ore stockpiles would help mitigate environmental and operational risks, particularly those associated with acid rock drainage, while ensuring a steady supply… Read More Here
Kal Tire and Decoda Announce Strategic Alliance to Offer Mines Autonomous Haul Road Hazard Detection 3 Mining Equipment Corporate News International Press Release 

Kal Tire and Decoda Announce Strategic Alliance to Offer Mines Autonomous Haul Road Hazard Detection

KalPRO™ HaulSight, powered by Decoda and supported by expert monitoring teams, enhances tire performance & fleet productivity VERNON, BC—Kal Tire’s Mining Tire Group and Decoda, an Australian mining technology firm, have announced a strategic alliance that will bring mines real-time, autonomous haul road hazard detection to increase truck productivity, tire life and fuel efficiency. Kal Tire and Decoda have collaborated to develop KalPRO HaulSight, which builds on the success of KalPRO TireSight autonomous tire inspections. “HaulSight’s ability to detect road hazards as they arise means mines can prevent the tire… Read More Here
Shuka Minerals Nears Full Ownership of Kabwe Zinc Mine Following Funding Boost 4 Mining in Zambia Corporate News Mergers & Acquisitions Zinc 

Shuka Minerals Nears Full Ownership of Kabwe Zinc Mine Following Funding Boost

Shuka Minerals Set to Complete Acquisition of Kabwe Zinc Mine as Final Funding Tranche Nears AIM- and AltX-listed Shuka Minerals is expected to shortly receive £815,000 from investment banking group Gathoni Muchai Investments under an expanded loan agreement entered into in June last year. The funding will enable Shuka to settle the remaining cash consideration for its acquisition of Leopard Exploration and Mining, a Zambian mining company that owns the Kabwe zinc mine. Shuka began the acquisition process in November last year by settling an initial tranche of the purchase… Read More Here
Ivanhoe Mines’ Platreef Mine Hits First Production 5 Corporate News Copper Gold Nickel 

Ivanhoe Mines’ Platreef Mine Hits First Production

Ivanhoe Mines’ Platreef Mine Launches Production, Poised to Become a Leading Platinum-Group Metals Producer Ivanhoe Mines has officially opened the Platreef Mine in Limpopo Province, South Africa, achieving its first production of platinum, palladium, rhodium, gold, nickel, and copper concentrate. The development of the Platreef Mine continues to advance rapidly as global demand for precious and base metals reaches new highs. Ivanhoe Mines’ Executive Co-Chair Robert Friedland emphasized the significance of the project, describing the Platreef orebody as “once-in-a-generation” due to its scale, thickness, and mechanization potential. Unlike typical South… Read More Here
DRC’s Gécamines Buys 100,000 Tonnes of Copper from Tenke Fungurume 6 Mining in DRC Copper Corporate News Economy 

DRC’s Gécamines Buys 100,000 Tonnes of Copper from Tenke Fungurume

Gécamines Launches Copper Trading Operations with Landmark Purchase from Tenke Fungurume Congo’s state-owned mining company, Gécamines, announced on Monday that it has exercised its contractual right to purchase 100,000 tonnes of copper from the Tenke Fungurume Mining (TFM) operation, majority-owned by China’s CMOC. The transaction represents 20 per cent of TFM’s annual copper output, in line with Gécamines’ equity stake in the mine. According to Gécamines, deliveries will be spread throughout the year, with the copper volumes destined for export to the United States market. The company said the sales… Read More Here
De Beers Draws Global Interest as Anglo American Moves to Sell Stake 7 Diamond Corporate News International 

De Beers Draws Global Interest as Anglo American Moves to Sell Stake

De Beers Attracts Interest from African Governments and Investors as Anglo American Plans Exit De Beers has attracted interest from multiple business groups and African governments as its parent company, Anglo American, prepares to divest its majority stake in the diamond producer, according to De Beers Chief Executive Officer Al Cook. Cook said that several major diamond-producing nations, including Botswana, Angola and Namibia, have expressed interest in acquiring equity in De Beers, alongside a number of business-led investor groups. He declined to comment on the status of discussions or identify… Read More Here
Glencore–Rio Tinto Buyout Talks Signal Potential Mega-Merger in Global Mining 8 International Corporate News 

Glencore–Rio Tinto Buyout Talks Signal Potential Mega-Merger in Global Mining

Glencore and Rio Tinto in Early Buyout Talks That Could Create World’s Largest Mining Company Glencore and Rio Tinto have confirmed they are engaged in early-stage buyout discussions that could lead to the creation of the world’s largest mining company, with a combined market value of nearly US$207 billion. The talks come as global mining companies race to scale up their exposure to critical metals such as copper, which is expected to see surging demand driven by the global energy transition and the rapid expansion of artificial intelligence and data… Read More Here
Alphamin Resources Director Paul Baloyi Steps Down 9 Mining Personality Corporate News Mining in DRC News in Brief 

Alphamin Resources Director Paul Baloyi Steps Down

Alphamin Resources Director Resigns After Six Years on Board AltX- and TSX-V-listed Alphamin Resources has announced that Paul Baloyi will resign from the company’s board of directors, effective January 31, 2026. Baloyi has served on Alphamin’s board since April 2017 as a representative of the Industrial Development Corporation of South Africa. In a statement released on January 5, the company expressed its appreciation: “The board of directors wishes to thank him for his contributions to Alphamin during his tenure.” Alphamin Resources owns and operates the Mpama North and South tin… Read More Here
Jubilee Metals Receives $10 Million as It Refocuses on Zambian Copper 10 Mining in Zambia Copper Corporate News 

Jubilee Metals Receives $10 Million as It Refocuses on Zambian Copper

Jubilee Metals Cashes in on South African Chrome Sale to Boost Copper Operations in Zambia AltX-listed Jubilee Metals Group, now concentrating on copper production in Zambia, has received the second $10-million cash instalment from South African private mining group One Chrome, following the completion of its sale of Jubilee’s South African chrome and platinum group metals (PGM) operations. In a statement dated August 12, 2025, Jubilee said the transaction strategically positions the company within the copper sector, which offers higher investor recognition, stronger valuation multiples, and a well-defined peer group.… Read More Here

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