Corporate News - Copperbelt Katanga Mining

Ivanhoe Mines Announces US$500 Million Strategic Private Placement with Qatar Investment Authority 1

Doha, Qatar–(Newsfile Corp. – September 17, 2025) – Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announce today a US$500 million investment from Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. In accordance with the investment, Ivanhoe Mines will issue 57,516,666 common shares to QIA by way of a private placement at a price of C$12.00 per share, yielding gross proceeds to Ivanhoe of approximately US$500 million. Upon completion of the investment, QIA will own… Read More Here

International Corporate News Gold

Barrick’s Fourmile Project Poised to Become Century’s Largest Gold Discovery

September 17, 2025September 17, 2025 Constance

Barrick Mining’s Nevada Fourmile Project Could Rank Among World’s Top 10 Gold Producers Barrick Mining has positioned its Nevada Fourmile project as one of the most important gold discoveries in decades, with new studies indicating it could become a global top-tier producer and reshape the industry’s cost curve. On Tuesday, the Toronto-based miner released an updated preliminary economic assessment (PEA), highlighting Fourmile’s rare combination of grade, scale, and longevity. The report confirmed the project’s potential to qualify as a Tier 1 mine — reserved for large, low-cost, long-life operations. “Fourmile… Read More Here

International Corporate News

Vedanta to Balance Coal and Renewables in Energy Transition Strategy

September 16, 2025September 16, 2025 Constance

Vedanta to Cut Coal Dependence to 50–60% While Expanding Renewables in Mining Operations Vedanta Resources will continue to rely on coal as the backbone of its energy supply while steadily increasing the share of renewables across its mining operations, CEO Deshnee Naidoo said on Tuesday at the FT Live Energy Transition Summit India. Currently, coal accounts for nearly 70% of Vedanta’s energy mix. “Coal will be, for us in Vedanta, the baseload contributor,” Naidoo said. However, the company plans to reduce coal dependence to 50–60% over the next three to… Read More Here

International Corporate News Tin

Andrada Mining Delivers Record Tin Production in Namibia

September 16, 2025September 16, 2025 Constance

Andrada Mining Achieves Record Tin Output at Uis Mine, Boosted by New Jig Plant Aim- and OTCQB-listed Andrada Mining has announced record quarterly tin production at its Uis mine in Namibia during the second quarter of its 2026 financial year. Output rose 17% year-on-year to 453 t, supported by improved recoveries and operational efficiency. Further gains are expected following the commissioning of the company’s new jig plant. During the quarter, which ended August 31, contained tin increased 14% compared with the same period last year, reaching 273 t. The tin… Read More Here

Mining in Zambia Corporate News Energy

FQM BACKS ZAMBIA’S ENERGY AGENDA TO POWER 3 MILLION TONNES OF COPPER PRODUCTION

September 16, 2025September 16, 2025 Constance

First Quantum Minerals (FQM) is investing in Zambia’s energy infrastructure to help the nation achieve its ambitious target of 3 million tonnes of annual copper production. The company emphasised that expanding generation capacity and modernising transmission systems are essential not only for mining growth but also for powering Zambia’s broader economic development and supplying critical minerals for the global energy transition. Speaking at the 2025 Energy Forum for Africa, FQM’s Infrastructure Lead for Zambia, Jed Goldstein, highlighted the company’s dual approach: securing reliable energy for its operations while driving strategic… Read More Here

Mining in DRC Corporate News

Workers Urge DRC Govt to Finalize CHEMAF Sale to Protect Jobs

September 14, 2025September 15, 2025 Constance

DRC Mining: CHEMAF Workers Call on Government to Accelerate Sale and Safeguard Jobs CHEMAF SA, a private mining company active in the copper and cobalt sector in Haut-Katanga and Lualaba, is facing a deep crisis marked by declining production, aging equipment, and stalled investment. Workers are now appealing directly to President Félix Antoine Tshisekedi to accelerate the company’s sale and ensure the protection of jobs and social rights. In a statement, employees demanded that the government guarantee in writing: The safeguarding of jobs and social benefits The establishment of permanent… Read More Here

International Copper Corporate News

Anglo American and Teck Resources Merge to Form $50 Billion Copper Giant

September 14, 2025September 14, 2025 Constance

Anglo Teck Merger Creates Global Copper Powerhouse Valued at Over $50 Billion British mining company Anglo American and Canadian miner Teck Resources have announced their merger to create Anglo Teck, a new global copper leader valued at more than $50 billion. The merger, unanimously approved by both boards of directors, will give Anglo American shareholders a 62.4% stake and Teck shareholders 37.6%. The new company will be headquartered in Vancouver, with a primary listing in London and planned secondary listings in Toronto, Johannesburg, and New York. Leadership and Operations Duncan… Read More Here

Mining in DRC Battery Metals Corporate News Exploration Lithium

DRC Civil Society Calls for Transparency in KoBold Metals Lithium Exploration Agreement

September 14, 2025September 14, 2025 Constance

DRC Civil Society Demands Transparency, Local Jobs, and Fair Revenue Sharing in KoBold Metals Lithium Exploration Following the granting of seven exploration permits to the U.S.-based company KoBold Metals, the Coalition for the Recovery of the Mining and Petroleum Assets of the Congolese People (CORAC) has issued a series of recommendations to ensure that this partnership delivers tangible benefits for the Democratic Republic of Congo (DRC). CORAC is urging the government to guarantee full transparency of contracts, including the introduction of binding clauses with clear deadlines and penalties. The coalition… Read More Here

Mining in DRC Corporate News

Congo’s Gécamines and ERG Seal New Mining Deal Amid Controversy

September 12, 2025September 12, 2025 Constance

DRC Signs Controversial Mining Agreement with ERG as Critics Warn of “Betrayal” The government of the Democratic Republic of Congo (DRC) has announced a new agreement between Luxembourg-based mining giant Eurasian Resources Group (ERG), in which Kazakhstan holds a 40% stake, and state-owned Générale des Carrières et des Mines (Gécamines). While officials are hailing the deal as a fresh start for the sector, opposition voices have denounced it as a dangerous sell-off of national resources. Opposition leader Franck Djongo called the agreement “a historic betrayal, signed outside the country, behind… Read More Here

International Corporate News Gold

Barrick Sells Hemlo Mine to Carcetti Capital in $1.09 Billion Deal

September 11, 2025September 11, 2025 Constance

Barrick Mining Exits Canadian Gold Production with $1.09B Sale of Hemlo Mine to Carcetti Capital Barrick Mining has agreed to sell its Hemlo gold mine in Ontario, its last producing gold operation in Canada, to Carcetti Capital for up to $1.09 billion. Following the transaction, the buyer will be renamed Hemlo Mining Corp (HMC). The deal, announced Wednesday, marks the latest step in Barrick’s multi-year strategy to divest noncore assets and sharpen its focus on large, long-life gold and copper operations. Deal Structure Under the terms, Barrick will receive: $875… Read More Here