Corporate News - Copperbelt Katanga Mining

Mercuria Metals Division Reports $300 Million Trading Profit Amid Market Volatility 1

Mercuria Metals Trading Surges $300M as Firm Expands Beyond Oil and Gas Mercuria Energy Group Ltd. has recorded approximately $300 million in trading profits so far this year through its metals division, signaling a strong return to the sector after years focused on oil and gas. The figures, reported to Bloomberg by sources familiar with the matter, include realized profits and mark-to-market gains on unsettled positions and contracts for the remainder of the year. Mercuria declined to comment on the numbers. Expansion and Team Growth The metals division was established… Read More Here

Mining in DRC Corporate News

Metalkol SA, ERG and SNEL SA inaugurate first circuit of 120 kV Nseke-RO line to strengthen power supply in Kolwezi

October 11, 2025October 11, 2025 Constance

Kolwezi, 10 October 2025 – La Compagnie d’exploitation des Rejets de Kingamyambo SA (Metalkol SA or Metalkol), an entity of the Eurasian Resources Group (ERG), and the Société Nationale d’Électricité SA (SNEL SA) have inaugurated the first circuit of the 120 kV line connecting the Nseke power station to the West Substation (Nseke-RO) in Lualaba Province. The ceremony, held at the Nseke-RO site, was attended by His Excellency, Mr Sakombi Molendo, Minister of Hydraulic Resources and Electricity; Clément Mufundji Tshinat, Vice-Governor of Lualaba Province; a delegation from SNEL SA led… Read More Here

Mining in Zambia Copper Corporate News Sponsored Content Technology & Innovation

Kansanshi Operations Centre Sets the Standard for Smart Mining in Africa

October 10, 2025October 10, 2025 Constance

Zambia’s Kansanshi Operations Center Sets the Standard for Smart and Sustainable Mining in Africa In the global race to modernize resource extraction, Zambia’s Kansanshi Mine has emerged as a quiet powerhouse. Its newly commissioned Operations Center is not just another control room—it is the digital brain of the mine, the command hub from which every part of the vast operation is monitored, connected, and optimized. From this state-of-the-art facility, engineers and operators oversee everything: the S2 and S3 processing plants, the pits, dispatch systems, haul trucks, engineering, and maintenance. What… Read More Here

Copper Corporate News Mining in DRC Press Release

Ivanhoe Mines Reports 71,266 Tonnes of Copper Produced by Kamoa-Kakula in Q3 2025

October 7, 2025October 7, 2025 Constance

Johannesburg, South Africa–(Newsfile Corp. – October 7, 2025) – Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announced today the company’s third-quarter production results and an update on operational and project activities. During the third quarter, Kamoa-Kakula’s Phase 1, 2, and 3 concentrators milled a total 3.46 million tonnes of ore, producing 71,226 tonnes of copper. Copper production year to date totaled 316,393 tonnes. Production guidance of 370,000 tonnes to 420,000 tonnes of copper in concentrate is maintained, with mining… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Moves Forward with $90M Sale to Boost Zambian Copper Growth

October 6, 2025October 6, 2025 Constance

Jubilee Metals Advances $90M Sale of South African Chrome & PGM Assets to Strengthen Zambian Copper Growth Strategy Jubilee Metals, listed on AIM and AltX, has informed shareholders that the sale process of its South African chrome and platinum group metal (PGM) business is progressing following shareholder approval on August 28. The company has already received the first tranche payment of $15 million. In June, Jubilee announced its decision to divest its South African chrome and PGM operations to focus entirely on its growth opportunities in Zambia. The company received… Read More Here

Gemstones Corporate News

Gemfields Generates $11M from Montepuez Ruby Auction Amid Rising Illegal Mining Disruptions

October 6, 2025October 6, 2025 Constance

Gemfields Reports $11 Million in Revenue from Montepuez Mini Ruby Auction Amid Illegal Mining Challenges Gemfields generated $11 million in revenue from a mini-auction of rough rubies from Montepuez Ruby Mining (MRM), held via online bidding following viewings in Bangkok, Thailand, from September 29 to October 3. Of the 33 lots offered, 26 were sold, representing 62% of the total 297,449 carats available. The auction achieved an average realised price of $59.43 per carat. “This mini-auction primarily featured medium and commercial grades of secondary material from a recently developed mining… Read More Here

International Corporate News Mining Equipment

Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China

September 30, 2025September 30, 2025 Constance

Fortescue Signs Landmark Deal with XCMG for 200 Battery-Electric Haul Trucks to Advance Net-Zero Mining Fortescue, the global iron-ore giant, has placed China’s largest-ever export order for green mining equipment, signing a supply agreement with XCMG Machinery for 150 to 200 battery-electric haul trucks. The 240-tonne vehicles will make up nearly half of Fortescue’s future heavy-haul fleet and will be deployed at its Pilbara iron-ore operations in Western Australia. The move marks a major step toward the company’s ambitious goal of eliminating fossil fuels from all land-based operations by 2030.… Read More Here

Corporate News News in Brief Press Release

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority

September 30, 2025September 30, 2025 Constance

Toronto, Ontario–(Newsfile Corp. – September 29, 2025) – Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) announces that the company has closed the private placement offering with Qatar Investment Authority (QIA), as previously announced on September 17, 2025. In accordance with the offering, Ivanhoe Mines has issued 57,516,666 common shares to QIA at a price of C$12.00 per share. Pursuant to the investor rights agreement between the company and Zijin Mining Group Co. Ltd., Zijin has exercised its right to acquire 8,004,800 common shares of Ivanhoe Mines at the same issue… Read More Here

International Corporate News

Kavango Resources Lists on VFEX, Boosting Zimbabwe’s Mining and Investment Prospects

September 30, 2025September 30, 2025 Constance

Kavango Resources Joins Victoria Falls Stock Exchange, Driving Investor Confidence in Zimbabwe’s Mining Sector Metals exploration and gold production company Kavango Resources has officially listed on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe, becoming the 17th company to join the exchange, which is celebrating its fifth year of operation. Speaking at the listing ceremony on September 26, VFEX chairperson and nonexecutive director Caroline Sandura highlighted that Kavango’s entry marked a new chapter in building a modern, competitive financial marketplace in Zimbabwe. She noted that the market had already shown… Read More Here

International Corporate News Gold

Japan Gold and Barrick Mining End Strategic Alliance After Five Years of Exploration

September 29, 2025September 29, 2025 Constance

Japan Gold Ends Partnership with Barrick Mining After C$23 Million Investment and Plans New Exploration Strategy The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX, NYSE: GOLD) will officially end on October 31, 2025, after more than five years of collaboration and C$23 million (US$17 million) in exploration spending. Announced by Vancouver-based Japan Gold, the decision to terminate the partnership was mutual. Established in February 2020, the alliance aimed to explore, develop, and mine mineral properties in Japan with the potential to host Tier 1 or… Read More Here