Corporate News - Copperbelt Katanga Mining

Jubilee Metals Clears Key Regulatory Hurdle as It Refocuses Growth Strategy on Zambia 1

Jubilee Metals Advances Zambia Copper Strategy After Merger Approval for SA Asset Sale The South African Competition Tribunal has issued a merger clearance certificate approving the sale of Jubilee Metals Group’s South African chrome and platinum group metal (PGM) operations to One Chrome, marking a major milestone as the company accelerates its strategic shift toward Zambia. Jubilee announced in June that it would sell its South African operations for up to $90-million, a move designed to free up capital and management capacity for the expansion of its copper projects in… Read More Here

International Corporate News Gold

Barrick Mining Weighs Major Breakup as Board Considers Splitting Global Operations

November 17, 2025November 17, 2025 Constance

Barrick Gold Considers Breaking Up Company: Possible Split of North American and African–Asian Assets The board of Barrick Mining, one of the world’s largest gold producers, is exploring a plan to split the company into two separate entities—one focused on North America and the other on Africa and Asia—according to four sources familiar with internal discussions. The potential restructuring could also involve the sale of Barrick’s African portfolio and the Reko Diq copper-gold project in Pakistan, once financing arrangements for the latter are secured, the sources told Reuters. In Mali,… Read More Here

Mining in Zambia Corporate News Energy

KCM Unveils First SCADA System to Enhance Power Efficiency and Cut Energy Costs

November 17, 2025November 17, 2025 Constance

Konkola Copper Mines Launches New SCADA Energy Management System to Boost Efficiency and Save Nearly $1 Million Monthly Konkola Copper Mines (KCM) has commissioned its first Maximum Demand Supervisory Control and Data Acquisition (SCADA) system, a major technological upgrade aimed at improving energy management across its operations. Installed in partnership with BBEnergy at a cost of US$265,000, the system will monitor and control power demand across multiple substations, helping the company optimise energy use and significantly reduce operational expenses. During the launch at the Central Energy Control Room in Nchanga,… Read More Here

International Copper Corporate News

Ivanhoe Electric Secures $200 Million Bridge Loan to Advance Santa Cruz Copper Mine

November 16, 2025November 16, 2025 Constance

Ivanhoe Electric Secures Major Financing Boost as Santa Cruz Copper Project Advances Toward 2026 Construction Ivanhoe Electric (NYSE-A, TSX: IE) has secured a $200 million bridge loan from a syndicate of major international banks, strengthening its financing plan for the development of what could become the next major U.S. copper mine. In a statement on Thursday, the company announced that National Bank Capital Markets, Société Générale, and BMO Capital Markets are backing the loan, which Ivanhoe describes as “an important component” of the funding strategy for its Santa Cruz copper… Read More Here

Mining in DRC Coltan Corporate News

Mercuria Eyes DRC Coltan Market Amid Critical Minerals Expansion

November 14, 2025November 14, 2025 Constance

Swiss Trader Mercuria Expands into DRC Coltan Sector, Targeting Critical Minerals for Electronics Already a major player in the Democratic Republic of Congo’s (DRC) copper market, Swiss trading giant Mercuria is now expanding into critical minerals. Following a $100 million agreement with Eurasian Resources Group (ERG) in late October to finance and market part of Congo’s copper production, Mercuria is reportedly exploring opportunities in the coltan sector—a key mineral used in electronic components. Bloomberg reports that Mercuria is in talks with investment firm TechMet to modernize the Rubaya coltan deposit… Read More Here

Mining in DRC Corporate News Gold

Kibali Gold Mine Posts Strong Q3 2025 Production in DRC

November 14, 2025November 14, 2025 Constance

Kibali Gold Mine Boosts Third-Quarter Output by 21% in DRC, Strengthening Barrick’s Global Gold Portfolio The Kibali gold mine, the Democratic Republic of Congo’s (DRC) flagship gold asset, delivered a strong performance in the third quarter of 2025. According to the quarterly report released by operator Barrick Mining on Monday, November 10, 2025, Kibali produced 191,000 ounces of gold between July and September, marking a 21% increase compared to 159,000 ounces in the same period in 2024. The production growth was largely driven by a ramp-up in open-pit mining operations… Read More Here

Mining in Zambia Copper Corporate News

EITI International Team Visits Kansanshi Mine as Part of Zambia’s Transparency Validation

November 14, 2025November 14, 2025 Constance

Zambia’s Kansanshi Mining Hosts EITI Delegation in Ongoing Transparency and Governance Review A delegation from the Extractive Industries Transparency Initiative (EITI) International Secretariat visited Kansanshi Mining PLC in Solwezi as part of Zambia’s ongoing EITI Validation process. The exercise evaluates how effectively Zambian mining companies and government institutions adhere to global standards of transparency and governance in the extractive sector. The visiting team included Ahmed Zouari, Validation Lead; Edwin Wuadom Warden, EITI Country Manager; Sebastian Sahla, EITI Policy Manager; and Nyasha Vera, EITI Communications Officer. They were joined by Zambia… Read More Here

International Corporate News Gold

Shanta Gold Uncovers $5.28 Billion Underground Gold Deposits in Western Kenya

November 14, 2025November 14, 2025 Constance

$5.28 Billion Gold Reserves Discovered in Western Kenya’s Lirhanda Corridor, Boosting Mining Investment A British mining company, Shanta Gold Kenya Limited, announced on Wednesday the discovery of extensive underground gold deposits in Kakamega County, western Kenya, estimated to be worth more than $5.28 billion (Sh683 billion). Officials have described the find as a historic milestone for Kenya’s mineral sector. The discovery was made in the Lirhanda Corridor, a 1,200-kilometer mineral belt spanning Kakamega and Vihiga counties, following years of intensive exploration and drilling. “The project aims to secure the necessary… Read More Here

Corporate News Gold International

Barrick Mining Boosts Dividends and Launches Operational Review Amid Record Free Cash Flow

November 14, 2025November 14, 2025 Constance

Barrick Mining Reports $1.5B Free Cash Flow, Increases Dividend and Launches Nevada-Pueblo Viejo Operational Review Barrick Mining has used the first quarter following the unexpected resignation of CEO Mark Bristow to announce an operational review and measures to return capital to shareholders, supported by record free cash flow. The company reported $1.5 billion in free cash flow for the three-month period, driven by soaring gold prices that hit all-time highs in US dollars. In response, Barrick increased its base dividend and expanded its share buyback program. “This strong cash flow… Read More Here