Corporate News - Copperbelt Katanga Mining

Glencore to Acquire Majority Stake in Dutch Fuel Supplier FincoEnergies

December 23, 2025December 23, 2025 Constance

Glencore Expands Northwest Europe Fuel Footprint with Majority Acquisition of FincoEnergies Global commodities trader and mining group Glencore has agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies for an undisclosed amount, the company announced on Monday. The transaction will strengthen Glencore’s presence in Northwest European fuel markets, where FincoEnergies is a leading player in wholesale fuel distribution as well as biofuels and other low-carbon fuel segments, according to industry sources. Large trading houses such as Glencore have increasingly pursued strategic assets across the oil and fuel supply… Read More Here

International Corporate News Iron Ore Transport and Logistics

Ivanhoe Atlantic Secures Liberian Rail Access for Guinea Iron Ore Project

December 22, 2025December 22, 2025 Constance

Ivanhoe Atlantic Gains Key Railway Approval in Liberia, Paving Way for Guinea Iron Ore Mine Ivanhoe Atlantic Inc., a U.S.-based mining company backed by billionaire Robert Friedland, has taken a major step toward developing an iron ore mine in Guinea after Liberia’s lawmakers approved an agreement granting the firm access to an export railway. The Liberian Senate ratified the deal on Thursday, following approval by the House of Representatives last week. The agreement, concluded earlier this year after five years of negotiations, allows Ivanhoe Atlantic to transport iron ore from… Read More Here

Mining in Zambia Corporate News

FQM’s Local Investment Fuels Mukoleku Security’s Rapid Growth

December 22, 2025December 22, 2025 Constance

Mukoleku Security Services Grows from Small Startup to Major Employer Through Local Partnerships and Mining Contracts What began as a modest security operation in 2014 with a single bicycle and three guards has grown into a thriving enterprise employing over 500 staff. Mukoleku Security Services, led by founder and Managing Director Howard Mutambakyalo, now holds significant contracts with major mining companies and operates a fleet of vehicles equipped with advanced security technology. Reflecting on the company’s journey, Mr. Mutambakyalo said, “We started with just three guards. Today, we have more… Read More Here

Mining in Zambia Corporate News

ZAFFICO Shareholders Approve Major Financing and Corporate Name Change

December 18, 2025December 18, 2025 Constance

ZAFFICO Secures ZMW475m Financing Approval as Shareholders Endorse Corporate Rebrand Shareholders of Zambia Forestry and Forest Industries Corporation Plc have unanimously approved key resolutions authorising significant financing arrangements and a change to the company’s corporate name at an Extraordinary General Meeting (EGM) held on 15 December 2025. The meeting ratified two facility agreements with Indo Zambia Bank and Absa Bank Zambia, both funded through the Bank of Zambia’s Stability and Resilience Facility. The approvals enable the company to access a combined total of ZMW 475 million to support its expansion… Read More Here

International Corporate News Tin

Andrada Mining Reports Strong Q3 Performance at Uis Mine Amid Elevated Tin Prices

December 18, 2025December 18, 2025 Constance

Andrada Mining Delivers Operational Gains at Uis Mine as Tin Prices Surge Above $40,000/t Aim-listed Andrada Mining has reported continued operational improvements at its Uis mine in Namibia during the third quarter ended November 30, supported by higher throughput, consistent recoveries, and robust tin production in a favourable pricing environment. The company said performance during the quarter underscored the benefits of its continuous improvement programme (CI2), with sustained progress recorded across key plant throughput and production metrics. Processing rates at Uis increased by 12% year-on-year to 146 tonnes an hour… Read More Here

International Corporate News Equipment & Technology

Caterpillar to Spotlight AI, Autonomy and Future Collaborations at CES 2026

December 18, 2025December 18, 2025 Constance

Caterpillar will launch its next 100 years at CES 2026, the most powerful tech event in the world. The company will be announcing new innovations, partnerships, and investments during the show January 6-9, 2026, in Las Vegas, Nevada, USA. Caterpillar CEO Joe Creed will be a keynote speaker, unveiling the company’s latest developments in AI, machine learning and autonomous functionality. Joe will deliver his keynote at 9:00AM (PT) on Wednesday, January 7, in the Palazzo Ballroom at the Venetian Hotel, 3355 Las Vegas Blvd South. Details on the keynote are… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Accelerates Zambia Copper Growth Strategy as Production Rebounds

December 17, 2025December 17, 2025 Constance

Jubilee Metals Reports Strong Copper Production Recovery and Advances Zambia Expansion Plans Zambia-focused copper producer Jubilee Metals has continued to advance its copper growth strategy through a structured investment programme designed to support long-term expansion, the company said in its audited results for the year ended June, published on Wednesday. The investment programme focused primarily on Jubilee’s Roan operations and the Molefe mine, including the expansion of Pit 2. While these investments weighed on copper production during the financial year under review, Jubilee reported that they have already delivered a… Read More Here

Corporate News Copper International Mergers & Acquisitions

Glencore Expands Peru Copper Portfolio With Quechua Project Acquisition

December 17, 2025December 17, 2025 Constance

Glencore Acquires Quechua Copper Project in Peru as Copper Deals Surge Amid Supply Concerns Glencore Plc has acquired a Peruvian copper mining project in what marks the country’s third major copper transaction in less than two weeks, as mining companies move aggressively to increase exposure to a metal widely expected to face long-term supply constraints. The Swiss-based commodities group announced on Tuesday that it is purchasing the Quechua copper project in Peru’s Cusco region from Japan’s Pan Pacific Copper Co. for an undisclosed amount. According to the Peruvian government, the… Read More Here

Gold Corporate News International

Mali Restores Loulo-Gounkoto Mine to Barrick Mining After Settlement

December 17, 2025December 17, 2025 Constance

Mali Returns Loulo-Gounkoto Gold Mine to Barrick Mining, Orders Restitution of Three Tons of Gold Mali has restored operational control of the Loulo-Gounkoto gold mine to Barrick Mining and ordered the return of three tons of gold to the company, following the resolution of a dispute that lasted nearly two years. According to Barrick’s legal representative, the restitution process has already been authorized. The physical return of the gold and the formal handover of the mine will be completed once the remaining legal procedures are officially concluded. The gold, which… Read More Here

Mining in DRC Copper Corporate News

DRC Minister of Mines Meets CMOC to Review Production and Expand Investment Plans

December 17, 2025December 17, 2025 Constance

CMOC Reports 700,000 Tonnes of Copper Output and Plans US$8 Billion Investment Expansion in the DRC The Minister of Mines of the Democratic Republic of Congo (DRC), Louis Watum Kabamba, on Tuesday, December 16, 2025, received a delegation from China Molybdenum Company (CMOC), one of the country’s leading mining operators. CMOC is notably active in the DRC through the Tenke Fungurume Mining (TFM) and Kisanfu Mining (KFM) projects. The meeting, held as part of end-of-year courtesy engagements, provided an opportunity for the Chinese mining group to present its annual production… Read More Here