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Category: Corporate News

FQM Champions Health and Inclusivity at 2025 Absa Marathon 1 Mining in Zambia Corporate News 

FQM Champions Health and Inclusivity at 2025 Absa Marathon

Constance
First Quantum Minerals Sponsors 2025 Absa Marathon, Boosting Community Health and Inclusivity First Quantum Minerals (FQM) reaffirmed its commitment to promoting healthy lifestyles and community inclusivity by serving as the official sponsor of the 2025 Absa Marathon, which recorded a historic turnout. The marathon underscored the power of sport in fostering national pride and community development. FQM Country Director, Anthony Mukutuma, emphasized that the company’s sponsorship reflects its core values. “At FQM, we believe sport embodies the principles that drive progress – discipline, teamwork, endurance, and determination. Supporting this marathon… Read More Here
Kansanshi Mine Empowers Young Women Through Copper Jewelry Initiative 2 Mining in Zambia Copper Corporate News Corporate social responsibility 

Kansanshi Mine Empowers Young Women Through Copper Jewelry Initiative

Constance
Kansanshi Mine Art Gallery Empowers Vulnerable Girls with Copper Jewelry Training in Zambia Solwezi, Zambia – First Quantum Minerals’ Kansanshi Mine is transforming copper into more than a global export—it is shaping futures for vulnerable young women through the Kansanshi Art Gallery, a corporate social responsibility project established in 2020. The gallery runs a two-year goldsmithing course that trains girls from vulnerable backgrounds, including orphans and survivors of abuse, to make fine jewelry from copper. Each cohort admits 10 students, selected through Zambia’s social welfare system and local orphanages, as… Read More Here
Sandfire Resources’ Motheo Copper Mine Delivers Record Growth and Economic Boost for Botswana 3 Corporate News Copper International 

Sandfire Resources’ Motheo Copper Mine Delivers Record Growth and Economic Boost for Botswana

Constance
Sandfire’s Motheo Copper Mine Exceeds Expectations, Driving Jobs and $2.8 Billion into Botswana Economy Australia-based Sandfire Resources Managing Director and CEO Brendan Harris has hailed the company’s Motheo copper mine in Botswana as a “remarkable achievement,” citing both the supportive investment environment and Sandfire’s operational excellence as key factors in the project’s success. Speaking at the Africa Down Under conference in Perth on Wednesday, Harris detailed how the $400-million project, delivered during the Covid-19 pandemic, had quickly surpassed expectations. “From construction to first concentrate, the development of Motheo has been… Read More Here
Glencore Initiates Retrenchment Process at South African Ferrochrome and Vanadium Operations 4 International Corporate News 

Glencore Initiates Retrenchment Process at South African Ferrochrome and Vanadium Operations

Constance
Glencore, Merafe Begin Retrenchment at Rustenburg Smelters as Power Costs Hit South Africa’s Ferrochrome Sector Glencore confirmed on Monday that a retrenchment process has begun at its joint-venture Rustenburg ferrochrome smelter and vanadium operations in South Africa, citing sustained economic pressures on the business. South Africa holds around 80% of the world’s known chrome ore reserves, according to Glencore, giving the country a dominant role in global ferrochrome production. However, persistent power shortages, rising electricity tariffs, and broader economic challenges have weighed heavily on the industry. In May, Glencore and… Read More Here
Zijin Mining Plans $3 Billion Hong Kong IPO for Gold Unit Amid Record Prices 5 International Corporate News Gold 

Zijin Mining Plans $3 Billion Hong Kong IPO for Gold Unit Amid Record Prices

Constance
China’s Zijin Mining Eyes $3B Hong Kong IPO for Gold Unit as Prices Near Record Highs China’s Zijin Mining Group is preparing to list its international gold-mining subsidiary, Zijin Gold International, in Hong Kong in an initial public offering (IPO) that could raise more than $3 billion, according to sources familiar with the matter. If completed, the deal would rank as the second-largest IPO globally in 2025. The final size and timing of the IPO are still under discussion, though the listing could launch as early as this month. Investor… Read More Here
Austral Resources Secures Glencore Funding and Offtake Deal to Finalize Rocklands Copper Acquisition 6 International Copper Corporate News Mergers & Acquisitions 

Austral Resources Secures Glencore Funding and Offtake Deal to Finalize Rocklands Copper Acquisition

Constance
Austral Resources and Glencore Ink $15m Deal to Advance Rocklands Copper Project in Queensland ASX-listed Austral Resources Australia has signed binding agreements with Glencore, securing funding, offtake, and tolling arrangements that pave the way for its acquisition of the Rocklands copper project in Queensland. The deal package includes a $15 million loan facility, a copper concentrate offtake agreement, and a tolling agreement to maximize the use of Rocklands’ processing plant. Together, these agreements enable Austral to meet the final conditions required for its purchase of Copper Resources Australia (CRA), the… Read More Here
CAMI officially presents seven digital research certificates to the American company Kobold Metals 7 Mining in DRC Corporate News Lithium New Mining Projects 

CAMI officially presents seven digital research certificates to the American company Kobold Metals

Constance
CAMI Officially Issues Seven Digital Research Certificates to Kobold Metals in DRC The Mining Registry of the Democratic Republic of Congo (DRC) has officially granted seven digitalized research certificates to U.S.-based Kobold Metals, marking a new milestone in the strategic partnership between the two nations. The certificates were presented on Tuesday, September 2, 2025, in Kinshasa during a ceremony attended by Minister of Mines Louis Watum Kabamba. The initiative reflects the shared ambition of the DRC and the United States to strengthen economic ties through responsible and innovative development of… Read More Here
Teck Resources Delays Expansion Plans to Resolve Output Challenges at Quebrada Blanca Mine in Chile 8 International Copper Corporate News 

Teck Resources Delays Expansion Plans to Resolve Output Challenges at Quebrada Blanca Mine in Chile

Constance
Teck Resources Cuts Copper Guidance as Quebrada Blanca Mine Faces Tailings Storage Issues Teck Resources Ltd, Canada’s largest diversified miner, has put major expansion projects on hold while it addresses production challenges at its flagship Quebrada Blanca (QB) copper mine in northern Chile. The massive overhaul of the high-altitude mine has faced cost overruns of $4 billion and years of delays. In July, CEO Jonathan Price was forced to cut production guidance, citing ongoing problems with the mine’s tailings facility. Teck launched a comprehensive operational review in August, which is… Read More Here
Prospect Resources Confirms Copper Mineralisation at Mumbezhi Project in Zambia 9 Mining in Zambia Copper Corporate News New Mining Projects 

Prospect Resources Confirms Copper Mineralisation at Mumbezhi Project in Zambia

Constance
Prospect Resources Identifies Major Copper Target at West Mwombezhi, Zambia, as Diamond Drilling Commences Prospect Resources Limited (ASX:PSC) has announced that its recent aircore drilling program at the West Mwombezhi prospect in north-west Zambia has returned highly anomalous copper mineralisation at shallow depths, covering over 1 km of strike. The results highlight a new, high-potential target within the company’s Mumbezhi Copper Project, where Prospect holds an 85% interest. The newly identified target aligns with a well-defined 1.5 km north-northeast trending copper anomaly, originally detected through regional termite mound geochemical sampling.… Read More Here
IRH Strengthens UAE–Egypt Energy and Mining Collaboration with Landmark Agreements 10 International Corporate News Energy 

IRH Strengthens UAE–Egypt Energy and Mining Collaboration with Landmark Agreements

Constance
International Resources Holding Signs Strategic MoUs with EGPC and Egypt’s Mineral Authority to Boost Energy and Mining Investment International Resources Holding RSC Ltd. (IRH), a leading mine-to-market platform and subsidiary of 2PointZero, has signed two landmark Memoranda of Understanding (MoUs) with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Mineral Resources and Mining Industries Authority. The agreements reinforce the UAE–Egypt corridor as a key driver of regional energy security and sustainable economic growth. The MoUs were signed in Abu Dhabi by Ali Rashed AlRashdi, CEO of IRH, alongside Eng.… Read More Here

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