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Category: Corporate News

Mercuria Energy Funds $100M Prepayments for ERG Copper Supply from the DRC 1 Mining in DRC Copper Corporate News 

Mercuria Energy Funds $100M Prepayments for ERG Copper Supply from the DRC

Constance
Mercuria Provides $100 Million to Support ERG’s Copper Projects in DRC Mercuria Energy Trading SA agreed to provide up to $100 million in prepayments to Eurasian Resources Group (ERG) as part of a three-year supply agreement for copper from the Democratic Republic of Congo (DRC). The financing aimed to support Luxembourg-registered ERG in developing its copper projects in the central African nation, the company said in an emailed statement on Thursday. Mercuria has been expanding aggressively into metals, with a particular focus on copper-rich nations in Central Africa. Its new… Read More Here
Vedanta Posts Strong Quarterly Profit Boosted by Rising Metal Prices 2 International Corporate News 

Vedanta Posts Strong Quarterly Profit Boosted by Rising Metal Prices

Constance
Vedanta Reports 22% Operating Margin as Aluminum and Copper Prices Drive Quarterly Profit Indian metals-to-oil conglomerate Vedanta reported higher quarterly adjusted profits on Friday, driven by rising metal prices. The company’s consolidated profit before tax and exceptional items increased 21.7% year-on-year to 70.14 billion rupees ($798 million) for the quarter ended September 30, 2025. Its operating profit margin rose to 22% from 20%, supported by steady expenses. During the quarter, benchmark three-month aluminum and copper prices rose 8.2% and 5.6%, respectively, amid uncertainties surrounding U.S. trade policies. Higher commodity prices… Read More Here
Dump truck with sky view Mining in Zambia Copper Corporate News 

FQM DELIVERS Q3 COPPER PRODUCTION BOOST AT KANSANSHI AND SENTINEL 

Constance
First Quantum Minerals (FQM) has reported increases in copper production at both its Kansanshi and Sentinel mines in North-Western Province, reinforced by the completion of its S3 processing plant at Kansanshi. Its Kansanshi operation in Solwezi reported 47,000 tonnes of copper production in the third quarter of this year, an increase of nearly 7,000 tonnes from the previous quarter. The improvement was mainly driven by higher mill throughput with the commissioning of the S3 expansion project, which was officially launched by President Hakainde Hichilema in August. “The ramp-up of S3… Read More Here
Ivanhoe Mines Reports $31 Million Q3 Profit as Kamoa-Kakula Output Dips Amid Flooding 3 Corporate News Copper Mining in DRC 

Ivanhoe Mines Reports $31 Million Q3 Profit as Kamoa-Kakula Output Dips Amid Flooding

Constance
Ivanhoe Mines Q3 2025 Profit Falls to $31 Million as Kamoa-Kakula Faces Flooding; Kipushi and Platreef Projects Advance Ivanhoe Mines has reported a profit of $31 million for the quarter ended September 30, 2025, compared with $108 million in the same period last year. The decline was primarily driven by a lower share of profit from the Kamoa Holding joint venture (JV), which operates the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). The company’s share of profit from the JV was $72 million lower year-on-year, as Kamoa-Kakula… Read More Here
DGC TalentWorks: Building the DRC’s Future Through Skills, Dignity, and Human Potential 4 Corporate News International Sponsored Content 

DGC TalentWorks: Building the DRC’s Future Through Skills, Dignity, and Human Potential

Constance
At Expobeton RDC 2025, Denver Gounden, Managing Director of DGC TalentWorks, delivered a powerful message that cut to the heart of the DRC’s development agenda: “True development won’t come from concrete and capital alone, but from skills, dignity, and the potential of its people.” This message embodies the driving philosophy behind DGC TalentWorks, a division of the Dickinson Group of Companies, which is transforming Africa’s industrial landscape through an integrated model of workforce development, vocational training, and employment creation. Empowering Africa’s Industrial Future DGC TalentWorks unites DGC Workforce Solutions and… Read More Here
ER Group: Copper, Aluminium, Chrome in Long-Term Deficit as HBI Drives Green Steel Transition 5 Corporate News 

ER Group: Copper, Aluminium, Chrome in Long-Term Deficit as HBI Drives Green Steel Transition

Constance
In view of the London Metal Week, Eurasian Resources Group (“ERG” or “the Group”), a global metals and mining company, shares its latest market outlook across key commodity segments. Shukhrat Ibragimov, CEO and Chairman of the Board of Managers of Eurasian Resources Group, said: “As the energy transition accelerates and industrialisation gains pace across emerging economies, demand for critical resources such as copper, aluminium, chrome, and green steel is entering a period of sustained structural deficit. In this context, we will continue to strengthen our production lines, maximise capacity utilization,… Read More Here
Angola Joins Bidders to Acquire Anglo American’s Stake in De Beers 6 Corporate News Diamond International 

Angola Joins Bidders to Acquire Anglo American’s Stake in De Beers

Constance
Angola submits bid for Anglo American’s De Beers stake as Botswana and investor groups compete Angola has submitted a formal offer to acquire Anglo American’s 85% majority stake in De Beers, joining a growing list of potential buyers that includes Botswana and investor groups led by former De Beers executives. State-owned Angolan diamond producer Endiama presented a “concrete and well-defined proposal” and is moving forward with subsequent steps, said CEO José Manuel Ganga Júnior, who declined to provide further details due to the confidential nature of negotiations. The sale is… Read More Here
CMOC expands DRC Kisanfu mine with $1.08B investment 7 Mining in DRC Corporate News 

CMOC expands DRC Kisanfu mine with $1.08B investment

Constance
Chinese mining giant CMOC expands DRC Kisanfu mine with $1.08B investment, strengthening global copper and cobalt leadership Chinese mining giant CMOC Ltd. is accelerating its growth in the Democratic Republic of Congo (DRC) with a $1.08 billion investment to expand its Kisanfu mine in Lualaba province. The second phase of operations, scheduled for completion in 2027, is expected to increase annual copper production by 100,000 tons, reinforcing CMOC’s position as a global copper leader. Record Financial Performance in 2025 CMOC’s financial results in 2025 have been exceptional. In the third… Read More Here
Sibanye-Stillwater, Glencore Merafe Venture Finalise Chrome Agreements to Boost Long-Term Value 8 International Corporate News 

Sibanye-Stillwater, Glencore Merafe Venture Finalise Chrome Agreements to Boost Long-Term Value

Constance
Sibanye-Stillwater and Glencore Merafe Venture complete chrome agreements to optimise South African PGM operations Multinational mining and metals group Sibanye-Stillwater has confirmed that all conditions precedent for the implementation of its new chrome agreements with the Glencore Merafe Venture (GM Venture) have been met. The agreements will officially take effect on November 1, the company announced. “The closure of the Glencore Merafe agreements marks a pivotal step in unlocking long-term value from our significant chrome by-products at our South African platinum group metal (PGM) operations,” said Sibanye-Stillwater CEO Richard Stewart.… Read More Here
Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia 9 Mining in Zambia Corporate News New Mining Projects 

Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia

Constance
Tertiary Minerals Raises £100,000 to Advance Mushima North Silver-Copper-Zinc Exploration in Zambia AIM-listed Tertiary Minerals has raised £100,000 before expenses through a share placing arranged by its joint broker, Peterhouse Capital. The placement involved 153.8 million new ordinary shares, issued exclusively to Stuart Packwood, a significant existing shareholder. Proceeds will be used to fund upcoming exploration work at the company’s Target A1 silver-copper-zinc prospect, part of the Mushima North project in Zambia. Following the placing, the new shares represent approximately 3.01% of Tertiary’s enlarged issued share capital. Upon admission, Packwood’s… Read More Here

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