Corporate News - Copperbelt Katanga Mining

Barrick Resumes Gold Production at Mali’s Loulo-Gounkoto Mine After Nine-Month Shutdown 1

Barrick’s Loulo-Gounkoto gold mine restarts operations in Mali after government dispute and nine-month halt Barrick Gold Corporation has restarted operations at its Loulo-Gounkoto gold mine in Mali after a shutdown lasting more than nine months, Bloomberg reported, citing sources familiar with the matter. The Loulo-Gounkoto complex, one of Barrick’s most important assets in West Africa, was shut down in January following escalating tensions with Mali’s military-led government. The dispute intensified earlier this year when a Malian court appointed Soumana Makadji, an accountant and former health minister, to manage the mine… Read More Here

Mining in Zambia Corporate News Exploration

Shuka Minerals Reports New Funding Delay for Zambia’s Kabwe Mine and Leopard Exploration Acquisition

October 21, 2025October 27, 2025 Constance

Shuka Minerals Faces Further Delay in Funding for Kabwe Mine and Leopard Exploration Acquisition Aim- and AltX-listed Shuka Minerals has announced another delay in the release of funds required to finalize its planned acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine in central Zambia. In a statement issued on October 16, the company said that Gathoni Muchai Investments (GMI) had informed it of a further delay in remitting the funds tied to the increased loan agreement signed on June 30. GMI is reportedly finalizing alternative arrangements… Read More Here

International Copper Corporate News

MMG Reports Rising Copper Losses from Informal Mining at Las Bambas Site in Peru

October 19, 2025October 19, 2025 Constance

MMG Raises Estimate of Copper Lost to Informal Mining at Peru’s Las Bambas to 90,000 Tons Chinese-owned MMG Ltd. has increased its estimate of copper extracted by informal miners within its Las Bambas concession in Peru, revealing escalating challenges at one of the world’s largest copper operations. According to the company’s latest disclosures and responses to Bloomberg, an estimated 90,000 metric tons of copper have been removed over the past 15 years from land designated for MMG’s next open pit, known as Sulfobamba. This marks a rise from a previous… Read More Here

Mining in DRC Corporate News Mergers & Acquisitions

Chengtun Mining Acquires Loncor Gold for C$261M, Secures Strategic Adumbi Gold Deposit in DRC

October 19, 2025October 19, 2025 Constance

Chengtun Mining Expands into Gold with Acquisition of Loncor Gold and Adumbi Deposit Chengtun Mining, a Chinese mining group, has agreed to acquire Canadian gold exploration company Loncor Gold in an all-cash deal valued at C$261 million (approximately $186 million), gaining control of the Adumbi gold deposit in the Democratic Republic of Congo (DRC). The definitive arrangement agreement, announced on October 14, 2025, sets the purchase price at C$1.38 per Loncor share, representing a 33% premium over Loncor’s 30-day volume-weighted average price and a 16% premium to its TSX closing… Read More Here

Mining in DRC Corporate News Mining Personality

Olivier Binyingo Reaffirms KAMOA Copper’s Commitment to Economic Growth and Sustainable Development

October 19, 2025October 19, 2025 Constance

Olivier Binyingo Showcases Kamoa Copper’s Role as a Catalyst for Sustainable Growth in the DRC Olivier Binyingo, Chairman of the Board of Directors of KAMOA Copper SA and Vice President of Ivanhoe Mines for the DRC and Strategic Projects, underscored the company’s strategic vision and its major contribution to the development of the Democratic Republic of Congo’s (DRC) mining industry. Speaking at a recent event, Binyingo described Kamoa-Kakula as a long-term mining venture, representing over USD 6 billion in investment over the past six years — a financial commitment that… Read More Here

International Corporate News

FQM Denies Claims of Stalled Progress at La Granja Copper Project in Peru

October 16, 2025October 16, 2025 Constance

First Quantum Refutes Reports of Public Opposition, Confirms Steady Progress at Peru’s La Granja Copper Project First Quantum Minerals Ltd. (TSX: FM) has rejected recent claims suggesting its La Granja copper project in northern Peru is paralyzed by public opposition, describing the allegations as outdated, misleading, and inconsistent with current realities on the ground. The company’s statement came in response to a report by GEM Mining Consulting, which alleged that the project remains “blocked by public distrust.” First Quantum countered that La Granja is advancing decisively and transparently, under stringent… Read More Here

International Corporate News Diamond

Feriel Zerouki to Step Down as De Beers Chief Trade and Industry Officer

October 16, 2025October 16, 2025 Constance

De Beers Executive Feriel Zerouki Resigns After Two Decades, Leaving Legacy of Ethics and Transparency in Diamond Industry Feriel Zerouki will step down as De Beers Group’s Chief Trade and Industry Officer and member of the executive committee at the end of October, the diamond company announced. Zerouki joined De Beers in 2005 and has played a central role in shaping the miner’s leadership in ethics, provenance, and industry integrity over her nearly two decades with the group. During her tenure, she spearheaded the launch of Tracr and GemFair, two… Read More Here

Mining in Zambia Copper Corporate News Economy Events & Expos

FQM Sets Ambitious Goal for Zambia’s Copper Production by 2032

October 13, 2025October 13, 2025 Constance

Zambia’s Copper Industry Targets 3 Million Tonnes by 2032 with Focus on Sustainability and Community Development First Quantum Minerals (FQM) has unveiled an ambitious vision for Zambia’s mining sector: achieving three million tonnes of copper annually by 2032. Speaking at the Zambia Mining and Investment Insaka (ZAMII) 2025, FQM Country Director Anthony Mukutuma stressed that this goal requires a combination of strategic planning, sustainable practices, and community engagement to ensure lasting benefits for the country. Held under the theme “Unlocking Africa’s Wealth: Advancing Sustainable Mining, Beneficiation & Value Addition,” the… Read More Here

Mining in DRC Corporate News Tin

Alphamin Resources Lifts Tin Output by 26% in Q3, Raises Full-Year Production Guidance

October 13, 2025October 13, 2025 Constance

Alphamin Resources Increases Q3 Tin Production by 26%, Boosts 2024 Output Forecast Despite Security Risks in DRC JSE-listed Alphamin Resources has reported a strong rebound in tin production for the third quarter of 2025, delivering 5,190 tonnes of contained tin, a 26% increase from the previous quarter’s 4,106 tonnes, according to its latest operational update. The company attributed the improvement to a full quarter of uninterrupted operations following a temporary suspension in early 2025 due to security concerns in the North Kivu province of the Democratic Republic of Congo (DRC).… Read More Here

International Corporate News Gold

Epiroc Secures $12 Million Order from Asante Gold for Chirano Mine in Ghana

October 13, 2025October 13, 2025 Constance

Epiroc Wins Major $12 Million Mining Equipment Contract from Asante Gold for Chirano Mine in Ghana Mining and infrastructure productivity partner Epiroc has secured a significant order for advanced mining equipment and digital solutions from Asante Gold Corporation, a Canadian mining company operating the Chirano gold mine in southwestern Ghana. The order, valued at approximately SEK 115 million (US$12 million), includes a fleet of underground mining trucks, loaders, face drilling rigs, and production drilling rigs designed to enhance productivity and safety at Chirano — a combined open-pit and underground operation.… Read More Here