Corporate News - Copperbelt Katanga Mining

Mali Military Airlifts $107M in Gold from Barrick’s Loulo-Gounkoto Mine to Fund Operations 1

Mali Military Airlifts Gold from Barrick’s Loulo-Gounkoto Mine Amid Operational Restructuring A Malian military helicopter transported gold from Barrick Gold’s (NYSE: GOLD) Loulo-Gounkoto mining complex on Thursday, according to a report by Reuters. The airlift follows a court-appointed administrator’s decision to sell the site’s bullion to help finance ongoing operations. According to the report, the helicopter landed at the mine’s tree-lined airstrip and was met by the site’s security team. The personnel were then escorted to the plant’s gold room, where the bullion was loaded. The aircraft departed five hours… Read More Here

Corporate News Gemstones Precious Stones

Gemfields Nears Completion of Montepuez Ruby Mine Expansion Amid Challenges

July 11, 2025July 11, 2025 Constance

Gemfields to Triple Ruby Output as $70M Montepuez Expansion Nears Completion Gemfields, the UK-based leader in coloured gemstone mining, is nearing the final stages of a major expansion at its Montepuez ruby mine in Mozambique. The $70 million project is expected to significantly increase production capacity, despite recent delays and operational challenges. The company announced that construction of its second processing plant at Montepuez is now 95% complete. Once commissioned, the facility will boost the mine’s ore processing capacity from 200 to 600 tonnes per hour—effectively tripling its throughput. Completion… Read More Here

Corporate News Copper Mining in DRC

Ivanhoe Mines Reports 112,009 Tonnes of Copper Produced by Kamoa-Kakula in Q2 2025

July 9, 2025July 9, 2025 Constance

Vancouver, Canada – July 8, 2025 — Ivanhoe Mines (TSX: IVN, OTCQX: IVPAF) has announced robust second-quarter 2025 production results and provided updates on key project developments at its flagship operations: Kamoa-Kakula, Kipushi, and Platreef. During Q2 2025, the Kamoa-Kakula Phase 1, 2, and 3 concentrators processed a combined 3.62 million tonnes of ore, producing 112,009 tonnes of copper. This marks an 11% increase compared to the same period in 2024. Copper production for the first half of 2025 now totals 245,127 tonnes. Phase 1 and 2 concentrators are currently… Read More Here

Mining in Zambia Corporate News Events & Expos

First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair

July 7, 2025July 7, 2025 Constance

First Quantum Minerals (FQM) has reaffirmed its commitment to Zambia’s economic transformation by sponsoring 27 local Small and Medium-sized Enterprises (SMEs) to participate in the 2025 Zambia International Trade Fair in Ndola. This initiative supports the Government’s efforts to boost local content and strengthen business resilience, in line with the fair’s theme: “Enhancing Business Resilience through Innovation and Trade.” FQM’s sponsorship is part of its broader Supplier Development Programme, which aims to empower Zambian businesses within the mining value chain. The programme offers mentorship, access to finance, skills development, and… Read More Here

Mining in DRC Corporate News Infrastructural Development

TFM Finalizes Major Railway Diversion to Boost Mining Operations in Fungurume

July 7, 2025July 7, 2025 Constance

On June 25, 2025, Tenke Fungurume Mining (TFM) officially completed the technical handover of a key infrastructure project: the nearly 4-kilometer diversion of the RR2 railway section within its mining concession. This rerouting, fully funded by TFM, enables access to new strategic mineral deposits critical to the company’s expansion. Initiated in 2021, the project was driven by the need to realign the existing railway operated by the Société Nationale des Chemins de fer du Congo (SNCC), which intersected with a significant portion of the newly identified deposit. With the approval… Read More Here

Corporate News Tin

Alphamin Resources Reports Strong Q2 Performance and Exploration Progress Despite Operational Disruptions

July 6, 2025July 6, 2025 Constance

Alphamin Reports Q2 Growth & Tin Exploration Update TSX-V- and JSE-listed Alphamin Resources ended the second quarter, which concluded on June 30, with a net cash position of $50 million. This marks a significant $52 million improvement from a net debt position of $2 million at the end of the first quarter. Contained tin production for the quarter totaled 4,106 tonnes, falling short of the targeted 5,000 tonnes. This shortfall was primarily due to a temporary suspension of operations on March 13, prompted by security concerns. Production resumed in phases… Read More Here

Tin Corporate News International

Andrada Mining to Raise N$143 Million for Uis Tin Mine Expansion in Namibia

June 29, 2025June 29, 2025 Constance

Andrada Mining Limited, a UK-listed company, has announced plans to raise up to N$143.13 million (£5.9 million) to fund key upgrades at its Uis tin mine in Namibia. The capital will support strategic investment projects aimed at improving processing efficiency and boosting output. According to CEO Anthony Viljoen, the company will allocate approximately N$63.08 million toward the installation of ore sorters and N$43.67 million to accelerate the commissioning of the mine’s Jig plant. “These upgrades are expected to significantly enhance the mine’s processing efficiency and output,” Viljoen said. The fundraising… Read More Here

Copper Corporate News International

FQM Resumes Copper Shipments from Panama Amid Hopes for Mine Restart

June 29, 2025June 29, 2025 Constance

First Quantum Minerals Ltd. has resumed shipments of copper concentrate from its Cobre Panama mine, 19 months after operations were halted by Panama’s Supreme Court, which ruled the mine’s license unconstitutional. On June 18, a bulk carrier named Lipsi departed from Punto Rincón, First Quantum’s private port used exclusively for exporting concentrate from the Cobre Panama operation, according to Bloomberg data. The ship, which can carry around 35,000 deadweight tons, is reportedly en route to deliver its cargo to German copper smelter Aurubis AG, according to sources familiar with the… Read More Here

Diamond Corporate News Exploration International

De Beers to Launch Diamond Exploration in Angola’s Lunda Provinces

June 27, 2025June 27, 2025 Constance

De Beers, the global diamond mining giant, will commence diamond exploration activities in Angola’s Lunda Norte and Lunda Sul provinces within the next two weeks, according to the company’s CEO, Al Cook. The announcement was made following a meeting with President João Lourenço in Luanda on Tuesday. According to a statement from the Press Office of the Presidency (CIPRA), accessed by VerAngola, the exploration marks the next phase following two years of aerial electromagnetic surveys and geological prospecting. “The multinational De Beers will begin drilling and exploration operations in Muconda… Read More Here

Mining in Zambia Copper Corporate News

Zambian Court Adds State Miner to Lawsuit Over Mopani Copper Sale

June 27, 2025June 27, 2025 Constance

A Zambian court has added the state-owned mining company, ZCCM Investments Holdings Plc, to a lawsuit filed by an opposition lawmaker challenging the recent sale of Mopani Copper Mines. According to a regulatory statement issued Thursday, ZCCM was joined to the case on June 20, 2025. The case centers on a transaction finalized in 2024, which transferred control of Mopani to a new investor. Miles Sampa, a former Deputy Minister of Commerce and current opposition Member of Parliament, argues that the sale constitutes the disposal of a major state asset.… Read More Here