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Category: Corporate News

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices 1 Corporate News Gold International 

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices

Constance
Barrick Gold Reports Record $2.4 Billion Cash Flow and $1.3 Billion Profit in Q3 2025 as Gold Output Rises Barrick Gold Corporation reported record quarterly cash flow and earnings for the third quarter of 2025, fueled by higher gold production, lower operating costs, and robust commodity prices. The world’s second-largest gold miner said operating cash flow surged 82% from the previous quarter to $2.4 billion, while free cash flow jumped 274% to $1.5 billion. Net earnings climbed to $1.3 billion, or $0.76 per share, with adjusted earnings up 23% to… Read More Here
Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition 2 Mining in Zambia Corporate News Mergers & Acquisitions News in Brief 

Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition

Constance
Shuka Minerals Secures Initial $300,000 from GMI to Advance Zambia Zinc Mine and Leopard Exploration Deal Shuka Minerals, an AIM-listed mining company, has received an initial $300,000 funding tranche from its financing partner Gathoni Muchai Investments (GMI) as part of an expanded loan facility to support its planned acquisition of Leopard Exploration and Mining and the Kabwe Zinc Mine in Zambia. The payment marks a key step toward completing the acquisition, which had been delayed due to funding holdups from GMI. Under the revised financing arrangement, GMI has confirmed that… Read More Here
Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute 3 Mining in DRC Corporate News Lithium 

Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute

Constance
ASIC Sues AVZ Minerals Over Alleged Failure to Disclose Congo Lithium Dispute Australia’s corporate regulator has filed a lawsuit against AVZ Minerals Ltd. and two of its directors, accusing the company of failing to disclose a major legal dispute with the Democratic Republic of the Congo (DRC) over its stake in one of the world’s largest lithium projects. The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it has initiated civil proceedings against the Perth-based miner, alleging breaches of continuous disclosure obligations and misleading and deceptive conduct related… Read More Here
Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks 4 Mining in DRC Corporate News 

Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks

Constance
Mercuria, TechMet Weigh Tantalum Mining Partnership in Eastern Congo as US Seeks Peace and Strategic Minerals Access Mercuria Energy Group Ltd. has held preliminary discussions with TechMet Ltd., a US-backed critical minerals investment company, over a potential partnership to develop one of the world’s richest tantalum deposits in the conflict-torn eastern Democratic Republic of Congo (DRC) — contingent on a US-brokered peace deal. According to people familiar with the matter, the Geneva-based commodities trader and TechMet are considering a joint venture to modernize mining and processing operations near Rubaya, an… Read More Here
Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector 5 Mining in Zambia Corporate News Events & Expos Sponsored Content 

Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector

Constance
A landmark event reshapes supplier engagement and sets a new benchmark for collaborative mining in Zambia Mingomba Mining Limited, a joint venture of KoBold Metals and ZCCM-IH, launched its first-ever Service and Suppliers Fair, a landmark event that signals a bold new chapter for Zambia’s mining industry. Held in Chililabombwe, the two-day gathering brought together hundreds of contractors, entrepreneurs, government officials, and industry leaders to explore partnership opportunities as the company advances toward full-scale mine development. For Mingomba and its parent company KoBold Metals, a California-based exploration and technology firm,… Read More Here
Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru 6 Copper Corporate News Mining in DRC 

Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru

Constance
Glencore Copper Production Drops 17% in Early 2025, Rebounds in Q3 with Higher Grades at Key Sites Global mining giant Glencore produced 583,500 tonnes of copper in the first quarter of 2025 — a 17% decrease compared to the same period in 2024. According to an official company statement, the decline stemmed from lower ore grades and reduced recovery rates, consistent with its planned mining sequence. The most significant reductions came from: Collahuasi: -59,000 tonnes Antamina: -23,400 tonnes Antapaccay: -15,200 tonnes Kamoto Copper Company (KCC): -16,800 tonnes Strong Third-Quarter Recovery… Read More Here
Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC 7 Mining in DRC Corporate News 

Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC

Constance
Glencore DRC Reports Strong 2024 Performance with Industrial Recovery, $53 Million in Social Investments, and Renewed Energy Partnerships The year 2024 was a defining one for Glencore in the Democratic Republic of Congo (DRC). Marked by the resumption of industrial operations, major investments, and expanded social initiatives, the company strengthened its position as a global leader in responsible and sustainable mining. Speaking at the 7th Annual Glencore Conference on November 4, 2025, themed “Ensuring the Future of Global Standards with Social Impact,” Marie-Chantal Kaninda, President of Glencore DRC and Chair… Read More Here
DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership 8 Mining in DRC Copper Corporate News 

DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership

Constance
DRC Copper Market Boosted by ERG-Mercuria $100M Deal Amid Rising Global Demand The Democratic Republic of Congo (DRC) continues to solidify its position as a key global copper producer. On October 30, 2025, Swiss trader Mercuria Energy Trading announced a three-year agreement with Eurasian Resources Group (ERG) to purchase copper from its Congolese assets. The partnership includes a pre-financing facility of up to $100 million, though specific details such as pricing, copper volumes, or interest rates were not disclosed. While such agreements are common in the sector, the deal has… Read More Here
Carter Center Delegation Visits MMG Kinsevere Mine to Review Community and Environmental Initiatives 9 Mining in DRC Corporate News 

Carter Center Delegation Visits MMG Kinsevere Mine to Review Community and Environmental Initiatives

Constance
Carter Center Leaders Tour MMG Kinsevere Mine, Evaluate Community Projects and Environmental Management A 14-person delegation led by Ms. Paige Alexander, President and CEO of The Carter Center, visited the MMG Kinsevere mine on Friday, November 7, 2025, where they were welcomed by the mine’s General Manager, Mr. Yi Chen. The visit focused on mining innovation, community project implementation, and environmental risk management. The delegation toured the mine and processing facilities, including the RGA plant, regarded as one of Central Africa’s most modern copper processing sites. They reviewed the investments… Read More Here
De Beers Appoints Kevin Smith as Interim COO Following Burger Greeff’s Retirement 10 Mining Personality Corporate News Diamond International 

De Beers Appoints Kevin Smith as Interim COO Following Burger Greeff’s Retirement

Constance
De Beers Names Kevin Smith Interim COO as Veteran Executive Burger Greeff Retires De Beers has appointed Kevin Smith, currently Executive VP of Corporate Affairs & Strategy, as interim Chief Operating Officer (COO), effective 1 December 2025. He succeeds Burger Greeff, who is retiring after 30 years with the group. “As COO, Burger has brought integrity, strategic foresight, and unwavering commitment to our purpose. His contributions have helped shape our operations and inspired many across the business,” said CEO Al Cook. “With Burger’s departure, I am delighted that Kevin Smith,… Read More Here

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