Corporate News - Copperbelt Katanga Mining

Jubilee Metals Achieves Record Chrome and PGM Output in South Africa for FY2024 1

Jubilee Metals Reports Strong FY2024 Output from South African Operations, Despite Chrome Market Volatility Jubilee Metals Group, a diversified metals producer with operations in South Africa and Zambia, has released its operational and project update for South Africa covering the fourth quarter ended June 30, 2025. The company highlighted a strong production performance for the full financial year, exceeding revised guidance in key areas. Jubilee reported chrome concentrate production of 505,578 tonnes for the quarter—a 19.9% increase compared to 421,698 tonnes in the same period last year. For the full… Read More Here

Sibanye-Stillwater to Acquire US Recycler Metallix for $82M, Boosting Urban Mining Strategy

July 21, 2025July 21, 2025 Constance

Sibanye-Stillwater Acquires Metallix for $82 Million to Expand Precious Metals Recycling in the US Precious metals producer Sibanye-Stillwater has announced an agreement to acquire Metallix Refining, a U.S.-based precious metals recycler, for $82 million, marking a significant step in the company’s expanding urban mining strategy. Metallix operates two state-of-the-art recycling facilities in North Carolina, where it recovers high-value metals—including gold, silver, and platinum group metals (PGMs)—from industrial waste streams. “We are excited to be adding Metallix to our existing recycling footprint. Its scale, technology, and expertise will enhance our current… Read More Here

Corporate News Mining Personality

BME Appoints Meagan van den Berg as Managing Director for Africa

July 21, 2025July 21, 2025 Constance

BME Appoints Meagan van den Berg as Africa MD to Drive Mining and Blasting Expansion Across the Continent Blasting and metallurgy solutions provider BME, a subsidiary of the Omnia Group, has appointed Meagan van den Berg as Managing Director for Africa. In this newly created role, van den Berg will oversee BME’s blasting operations across the African continent (excluding South Africa) and contribute to the company’s global metallurgy initiatives. Since its founding in South Africa in 1984, BME has established a strong presence across Africa and expanded into international markets,… Read More Here

Mining in Zambia Corporate News Press Release

ZCCM-IH Shareholders in Over Half-a Billion Kwacha Dividend Payout

July 21, 2025July 21, 2025 Constance

21st July 2025, Lusaka, Zambia: ZCCM Investments Holdings Plc (ZCCM-IH) shareholders approved a dividend of K529 million (US$23 million) for the 2024 financial year during the Company’s 21st Annual General Meeting (AGM) held on Friday, 18th July 2025. Of this amount, ZMW410 million will go to the Government of the Republic of Zambia through the Industrial Development Corporation (ZMW319 million) and the Ministry of Finance and National Planning (ZMW91 million). The National Pension Scheme Authority (NAPSA) will receive ZMW79 million, and the balance of ZMW40 million will go to minority… Read More Here

Mining in DRC Battery Metals Cobalt Copper Corporate News Mergers & Acquisitions

U.S. Consortium Eyes Strategic Acquisition of Chemaf Amid Critical Mineral Race in DRC

July 18, 2025July 18, 2025 Constance

U.S. Firms Orion and Virtus in Talks to Acquire Congo’s Chemaf Resources as Global Cobalt Race Heats Up A U.S.-based consortium, including former special forces and intelligence veterans, is in advanced talks to acquire Chemaf Resources Ltd., a copper and cobalt producer at the heart of intensifying U.S.-China competition over critical minerals in the Democratic Republic of Congo (DRC). According to sources familiar with the matter, Orion Resource Partners and Virtus Minerals are jointly negotiating the acquisition of Chemaf, which is currently backed by global commodity trader Trafigura Group. While… Read More Here

International Corporate News Oil & Gas

Dangote Warns Against Africa Becoming a Dumping Ground for Substandard Fuel

July 18, 2025July 18, 2025 Constance

Dangote Urges Africa to End Fuel Imports and Boost Local Refining Capacity Aliko Dangote, President of Dangote Industries Limited, has voiced serious concerns over Africa’s growing dependence on imported fuel, warning that the continent risks becoming a dumping ground for substandard petroleum products. Speaking about the motivation behind the $20 billion Dangote Refinery, Dangote said the project was driven by a commitment to help Nigeria achieve energy self-sufficiency and to inspire similar industrial development across Africa. “People think building a refinery is like building a house,” Dangote said. “If I… Read More Here

International Battery Metals Corporate News Lithium

Zimbabwe’s Kuvimba to Construct $270M Lithium Concentrator with Chinese Partners in 2025

July 18, 2025July 18, 2025 Constance

Kuvimba to Build $270M Lithium Plant at Sandawana Mine in 2025 Zimbabwe’s state-owned Kuvimba Mining House will begin construction of a $270 million lithium concentrator at its Sandawana mine in the third quarter of 2025, with commissioning expected in early 2027, according to CEO Trevor Barnard. The facility is designed to process 600,000 metric tons of lithium ore per year and will be developed in partnership with two major Chinese metals companies. Under the agreement, the Chinese firms will build and operate the plant for a minimum of five years,… Read More Here

Mining in Zambia Copper Corporate News

Vedanta Completes Initial $124 Million Investment in KCM Ahead of Schedule

July 16, 2025July 16, 2025 Constance

Vedanta Surpasses $400 Million Investment in Konkola Copper Mines, Accelerating Zambia Copper Production Vedanta Resources has successfully fulfilled its initial investment commitment of US$124 million under the Shareholders’ Agreement ahead of the July 1, 2025 deadline. This brings Vedanta’s total investment in Konkola Copper Mines (KCM) operations to over US$400 million since resuming management in August 2024. This milestone is a key step toward Vedanta’s broader pledge to invest US$1 billion over five years to revive and expand KCM. The company is focused on increasing production capacity and enhancing sustainability… Read More Here

Mining in DRC Corporate News

Alphamin Accused of Illegal Mining Expansion in North Kivu’s Utunda Region

July 15, 2025July 15, 2025 Constance

Youth in North Kivu Accuse Alphamin of Unauthorized Mining in Utunda Territory Youth leaders from the Utunda group in Walikale territory, North Kivu, have raised serious concerns over alleged unauthorized mining operations by Alphamin Bisie Mining. According to a formal complaint sent to the Minister of Mines, the company is accused of extracting minerals outside its officially designated area for the past two years. The youth committee claims that Alphamin has been operating in the hills of Angoa, Kabombo, Bunjanga, and Buntu—all located within the Utunda group’s jurisdiction—without consultation or… Read More Here

International Corporate News Gold

Mali Seizes Over $100M in Gold from Barrick Amid Political Power Grab and Mounting Instability

July 15, 2025July 15, 2025 Constance

Mali Confiscates $117M in Barrick Gold Days After Junta Leader Extends Indefinite Rule Mali’s military government has seized more than a ton of gold from Canadian mining giant Barrick, just days after junta leader Colonel Assimi Goïta signed a controversial law granting himself an indefinite presidential mandate. According to a statement from Toronto-based Barrick Gold, state helicopters arrived “unannounced” and removed approximately 35,000 ounces of bullion—worth about $117 million, based on Friday’s gold price of $3,324 per ounce. The company said the gold was potentially taken for sale by Mali’s… Read More Here