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Category: Corporate News

Workers Urge DRC Govt to Finalize CHEMAF Sale to Protect Jobs 1 Mining in DRC Corporate News 

Workers Urge DRC Govt to Finalize CHEMAF Sale to Protect Jobs

Constance
DRC Mining: CHEMAF Workers Call on Government to Accelerate Sale and Safeguard Jobs CHEMAF SA, a private mining company active in the copper and cobalt sector in Haut-Katanga and Lualaba, is facing a deep crisis marked by declining production, aging equipment, and stalled investment. Workers are now appealing directly to President Félix Antoine Tshisekedi to accelerate the company’s sale and ensure the protection of jobs and social rights. In a statement, employees demanded that the government guarantee in writing: The safeguarding of jobs and social benefits The establishment of permanent… Read More Here
Anglo American and Teck Resources Merge to Form $50 Billion Copper Giant 2 International Copper Corporate News 

Anglo American and Teck Resources Merge to Form $50 Billion Copper Giant

Constance
Anglo Teck Merger Creates Global Copper Powerhouse Valued at Over $50 Billion British mining company Anglo American and Canadian miner Teck Resources have announced their merger to create Anglo Teck, a new global copper leader valued at more than $50 billion. The merger, unanimously approved by both boards of directors, will give Anglo American shareholders a 62.4% stake and Teck shareholders 37.6%. The new company will be headquartered in Vancouver, with a primary listing in London and planned secondary listings in Toronto, Johannesburg, and New York. Leadership and Operations Duncan… Read More Here
DRC Civil Society Calls for Transparency in KoBold Metals Lithium Exploration Agreement 3 Mining in DRC Battery Metals Corporate News Exploration Lithium 

DRC Civil Society Calls for Transparency in KoBold Metals Lithium Exploration Agreement

Constance
DRC Civil Society Demands Transparency, Local Jobs, and Fair Revenue Sharing in KoBold Metals Lithium Exploration Following the granting of seven exploration permits to the U.S.-based company KoBold Metals, the Coalition for the Recovery of the Mining and Petroleum Assets of the Congolese People (CORAC) has issued a series of recommendations to ensure that this partnership delivers tangible benefits for the Democratic Republic of Congo (DRC). CORAC is urging the government to guarantee full transparency of contracts, including the introduction of binding clauses with clear deadlines and penalties. The coalition… Read More Here
Congo’s Gécamines and ERG Seal New Mining Deal Amid Controversy 4 Mining in DRC Corporate News 

Congo’s Gécamines and ERG Seal New Mining Deal Amid Controversy

Constance
DRC Signs Controversial Mining Agreement with ERG as Critics Warn of “Betrayal” The government of the Democratic Republic of Congo (DRC) has announced a new agreement between Luxembourg-based mining giant Eurasian Resources Group (ERG), in which Kazakhstan holds a 40% stake, and state-owned Générale des Carrières et des Mines (Gécamines). While officials are hailing the deal as a fresh start for the sector, opposition voices have denounced it as a dangerous sell-off of national resources. Opposition leader Franck Djongo called the agreement “a historic betrayal, signed outside the country, behind… Read More Here
Barrick Sells Hemlo Mine to Carcetti Capital in $1.09 Billion Deal 5 International Corporate News Gold 

Barrick Sells Hemlo Mine to Carcetti Capital in $1.09 Billion Deal

Constance
Barrick Mining Exits Canadian Gold Production with $1.09B Sale of Hemlo Mine to Carcetti Capital Barrick Mining has agreed to sell its Hemlo gold mine in Ontario, its last producing gold operation in Canada, to Carcetti Capital for up to $1.09 billion. Following the transaction, the buyer will be renamed Hemlo Mining Corp (HMC). The deal, announced Wednesday, marks the latest step in Barrick’s multi-year strategy to divest noncore assets and sharpen its focus on large, long-life gold and copper operations. Deal Structure Under the terms, Barrick will receive: $875… Read More Here
Panama to Begin Talks with FQM on Possible Restart of Cobre Panamá Mine 6 International Copper Corporate News 

Panama to Begin Talks with FQM on Possible Restart of Cobre Panamá Mine

Constance
Panama Prepares to Restart Talks with First Quantum on Cobre Panamá Mine After Environmental Audit Panama is preparing to open negotiations with First Quantum Minerals (TSX: FM) on the potential restart of the shuttered Cobre Panamá copper mine, with discussions expected to begin later this year or in early 2026. Commerce Minister Julio Moltó confirmed that a comprehensive environmental audit of the mine will commence in the coming weeks. The review, led by SGS Panama Control Services, will examine environmental, social, and economic impacts, including employment opportunities for Panamanians. The… Read More Here
Former Glencore Recycling Chief Launches US Startup to Revolutionize Critical Minerals Processing 7 International Corporate News Mining Personality 

Former Glencore Recycling Chief Launches US Startup to Revolutionize Critical Minerals Processing

Constance
Ex-Glencore Executive Kunal Sinha Launches Valor to Cut Costs in Copper and Critical Minerals Processing The former head of Glencore’s recycling business, Kunal Sinha, has launched a US-based metals processing company aimed at significantly reducing the cost and time required to refine copper and other critical minerals. The move comes as Washington and other governments intensify pressure on industry to develop domestic processing capabilities to strengthen supply chains for AI servers, defense systems, and advanced electronics. Currently, the United States processes very few critical minerals, while China dominates global refining… Read More Here
Alphamin Resources Adds Two New Directors as IRH Strengthens Board Influence 8 International Corporate News Mining Personality 

Alphamin Resources Adds Two New Directors as IRH Strengthens Board Influence

Constance
Alphamin Resources Appoints New Non-Executive Directors Backed by Majority Shareholder IRH JSE- and TSX-V-listed Alphamin Resources has appointed Ziad Mikhael and Salman Bhatti as non-executive directors, following a request from its majority shareholder, Alpha Mining, a subsidiary of International Resources Holding (IRH). The appointments remain subject to regulatory approval. The changes come after IRH, an Abu Dhabi-based global mining company, acquired a 56% controlling interest in Alphamin through a definitive agreement with Tremont Master Holdings earlier this year. Profiles of the New Directors Both Mikhael and Bhatti currently serve in… Read More Here
Construction of Chapula Polytechnic in Lufwanyama nears completion 9 Mining in Zambia Corporate News Press Release 

Construction of Chapula Polytechnic in Lufwanyama nears completion

Constance
On Saturday 6 September 2025, the Minister of Technology and Science, Hon. Felix Mutati, MP, visited the construction site of the Chapula Polytechnic in Lufwanyama. Once completed, this centre is believed to be Zambia’s first official polytechnic. Kagem Mining Limited (Kagem) commenced construction works on the polytechnic in June last year in fulfilment of the Memorandum of Understanding (MoU) signed with the Government in September 2023, in which Kagem committed to the construction of the polytechnic up to a cost of USD 2.5 million (circa ZMW 52.5 million). The Chapula… Read More Here
FQMs’ Trident Operation Launches Kwanzangana to Empower Communities in Zambia 10 Mining in Zambia Corporate News Corporate social responsibility 

FQMs’ Trident Operation Launches Kwanzangana to Empower Communities in Zambia

Constance
FQM Trident Launches Kwanzangana, a Community-Led Development Model for Shared Mining Benefits Kalumbila, Zambia — First Quantum Minerals (FQM), through its Trident operation, has launched Kwanzangana, a pioneering community-driven Corporate Social Investment (CSI) model designed to ensure mining benefits are shared equitably. Derived from the Lunda word for “sharing”, Kwanzangana embodies the principles of fairness, inclusivity, and sustainability by placing local communities at the centre of development decision-making. Under the new model, the Trident Foundation will work with elected community representatives, government officials, and traditional leaders to guide how resources… Read More Here

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