Corporate News - Copperbelt Katanga Mining

DRC Lawmakers Inspect MMG Kinsevere Mine to Review Community and Environmental Compliance 1

DRC Parliament Oversight Mission Evaluates MMG Kinsevere Mining Operations and Community Projects A delegation of national deputies from the Standing Committee on Environment, Tourism, Natural Resources, and Sustainable Development of the National Assembly conducted an inspection visit on Thursday last week to the Kinsevere mining site in Lualaba Province, operated by MMG. The visit was part of a broader oversight mission to monitor mining sites across Lualaba and Haut-Katanga. Led by Honorable Bokele Djema Adrien, the eleven-member parliamentary team assessed the company’s compliance with its legal obligations under the Mining… Read More Here

Mining in Zambia Copper Corporate News

FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust

August 10, 2025August 10, 2025 Constance

First Quantum’s Kansanshi Mine Launches Public Process to Create Inclusive Grievance Mechanism in Zambia First Quantum Minerals’ (FQM) Kansanshi Mining PLC has launched a public consultative process to develop a new Grievance Management Procedure, aimed at improving transparency, accountability, and community engagement. The initiative seeks to establish a comprehensive framework for receiving, assessing, and resolving concerns from both internal and external stakeholders in a transparent, fair, and timely manner, with active community participation. North-Western Province Deputy Permanent Secretary, Luckson Mulumbi, praised Kansanshi Mining PLC for taking a proactive step toward… Read More Here

Mining in Zambia Copper Corporate News Economy

KCM Applauds Presidential Support for KDMP, Targets 300,000 Tonnes of Copper by 2031

August 10, 2025August 10, 2025 Constance

Konkola Copper Mines Sets Sights on 300,000-Tonne Annual Output by 2031 with KDMP Boost Konkola Copper Mines (KCM) has welcomed the directive from His Excellency, Republican President Hakainde Hichilema, to maintain and accelerate progress on the Konkola Deep Mining Project (KDMP), with the ambitious goal of achieving an annual copper production capacity of 300,000 tonnes by 2031. President Hichilema made these remarks during his visit to the KCM exhibition stand at the 2025 Agricultural and Commercial Show in Lusaka, held from July 30 to August 4, 2025. He commended KCM’s… Read More Here

Mining in Zambia Corporate News Governance

Bank of Zambia Delegation Visits FQM Trident Commends Responsible Mining Practices

August 9, 2025August 9, 2025 Constance

Bank of Zambia Praises FQM Trident for Driving Jobs, Sustainable Mining, and Economic Growth A high-level delegation from the Bank of Zambia, led by Governor Dr. Denny Kalyalya and Deputy Governor Dr. Francis Chipimo, has visited First Quantum Minerals’ (FQM) Trident operation in Kalumbila, underscoring the critical role responsible mining plays in Zambia’s economic development. Hosted by Trident General Manager Scott Whitehead and Assistant General Manager Frederic Wouters, the visit brought together senior directors and staff from the central bank. The delegation toured Trident’s advanced mining facilities, which directly employ… Read More Here

Corporate News International

Glencore Reports $5.4 Billion Half-Year EBITDA Amid Lower Coal Prices and Copper Output

August 8, 2025August 8, 2025 Constance

Glencore Half-Year Report 2025 — CEO Review and Financial Highlights Glencore’s Chief Executive Officer, Gary Nagle, announced that the company has made significant progress in optimising operations and positioning for long-term, value-accretive growth during the first half of 2025. A comprehensive review of Glencore’s industrial portfolio identified opportunities to streamline the operating structure, optimise departmental management and reporting, and enhance technical expertise. As part of this review, Glencore expects approximately $1 billion in recurring cost savings (against a 2024 baseline) to be fully delivered by the end of 2026, with… Read More Here

Mining in Zambia Corporate News Economy Gold

Kansanshi Mine to Ensure Steady Gold Supply to Both Royal Gold and Bank of Zambia

August 7, 2025August 7, 2025 Constance

Kansanshi Mine Renews Gold Supply Agreement with Bank of Zambia While Honoring $1 Billion Deal with Royal Gold Kansanshi Mining Plc, a subsidiary of First Quantum Minerals (FQM), has reaffirmed its commitment to strengthening Zambia’s gold reserves by renewing its Memorandum of Understanding (MoU) with the Bank of Zambia (BOZ) for the continued sale of gold dore. This milestone was marked by a formal signing ceremony held today, signaling the continuation of a strategic partnership that dates back to 2020. The renewal comes at a time when Kansanshi is also… Read More Here

Mining in Zambia Corporate News Gold

FQM Announces $1 Billion Gold Streaming Agreement with Royal Gold

August 6, 2025August 6, 2025 Constance

First Quantum Minerals Enters $1B Gold Streaming Agreement with Royal Gold to Boost Liquidity and Maintain Copper Exposure at Kansanshi Mine First Quantum Minerals Ltd. has announced that it has entered into a gold streaming agreement (the “Agreement”) with RGLD Gold AG, a wholly owned subsidiary of Royal Gold, Inc. (“Royal Gold”), through a wholly owned Canadian subsidiary. Under the terms of the Agreement, First Quantum will receive a $1.0 billion upfront cash payment in exchange for future gold deliveries linked to copper production at the Kansanshi Mine in Zambia… Read More Here

Mining in Zambia Copper Corporate News Economy

Jubilee Metals Makes Major Strides in Zambian Copper Expansion

August 6, 2025August 6, 2025 Constance

Jubilee Metals Reports Strong Copper Growth in Zambia, Eyes 10,000t Boost in 2026 Amid Strategic Asset Expansion Diversified metals producer Jubilee Metals has announced substantial progress across its copper operations in Zambia, marking a critical milestone in its long-term copper expansion strategy. According to CEO Leon Coetzer, all essential assets are now in place to maintain momentum and drive sustainable growth. Jubilee’s Zambian strategy draws on the company’s extensive processing experience from its South African chrome and platinum group metals (PGM) operations, which are currently in the final stages of… Read More Here

Uncategorized Corporate News Gold International

Barrick Gold Enhances Transparency with Tailings Disclosure Aligned to Global Standards

August 6, 2025August 6, 2025 Constance

Barrick Gold Reports Full Tailings Storage Disclosure in Line with Global Industry Standard on Tailings Management Barrick Gold Corporation, listed on the NYSE and TSX, has released detailed disclosures of its tailings storage facilities (TSFs) in line with the Global Industry Standard on Tailings Management (GISTM), reaffirming its commitment to safety, transparency, and environmental responsibility. The disclosures provide site-level data for all relevant TSFs that Barrick owns, operates, or has in the design phase. This initiative underscores the company’s active role in developing the GISTM and its alignment with best… Read More Here

Mining in Zambia Corporate News Safety & Health

Kansanshi Mining Earns Second Place in Zambia’s 2025 National First Aid Competition

August 3, 2025August 3, 2025 Constance

Kansanshi Mining Places Second in Zambia’s 2025 Inter-Company First Aid Competition, Showcasing Safety Excellence Kansanshi Mining PLC secured a commendable second place at the 2025 Zambia Chamber of Mines Inter-Company First Aid Competition, underscoring its steadfast commitment to workplace health and safety. The prestigious event was hosted by Mopani Copper Mines at Nkana Stadium in Kitwe under the theme “First Aid in a Digital World.” A total of 21 companies participated, showcasing advanced life-saving skills and innovative safety practices. Despite the challenge of fielding an entirely new team—per regulations requiring… Read More Here