Corporate News - Copperbelt Katanga Mining

Sandvik Beats Profit Forecasts on Strong Mining Demand

January 28, 2026January 28, 2026 Constance

Sandvik Reports Strong Q4 Core Profit as Mining Activity and Metal Prices Lift Demand Swedish mining equipment and metal-cutting tool maker Sandvik reported a slightly stronger-than-expected fourth-quarter core profit on Tuesday and proposed a higher dividend, supported by rising mining activity and stronger commodity prices. Operating profit before amortization and items affecting comparability rose 1% year-on-year to 6.37 billion Swedish crowns ($712.5 million), exceeding the average analyst forecast of 6.22 billion crowns, according to an LSEG poll. The result was driven by 12% organic sales growth during the quarter. “The… Read More Here

Gold Corporate News Mining in Zambia New Mining Projects

Prospect Resources Uncovers Significant Gold Potential at Nyungu Central Copper Deposit

January 26, 2026January 26, 2026 Constance

Prospect Resources Identifies Major Gold Upside at Nyungu Central in Zambia, Lifting Project Value Prospect Resources has identified significant gold mineralisation at its Nyungu Central copper deposit in Zambia, a development that could materially enhance the value of the Mumbezhi Project and strengthen its appeal to potential buyers, according to new equity research published by Argonaut Securities. The gold discovery follows a re-assaying programme of historical drill samples originally analysed only for copper. The new results reveal widespread gold anomalism within previously defined copper mineralisation at Nyungu Central, suggesting gold… Read More Here

Mining in Zambia Corporate News Gemstones

Kagem Mining Agrees to 10% Pay Rise for Unionised Workers Under New Collective Agreement

January 26, 2026January 26, 2026 Constance

Kagem Mining Secures 2026/27 Collective Agreement with 10% Salary Increases and 13th Cheque Emerald producer Kagem Mining, which is 75 percent owned by Gemfields and 25 percent by the Zambian government’s Industrial Development Corporation (IDC), has successfully concluded negotiations for its 2026/27 collective agreement covering unionised employees. Under the agreement, employees will receive a 10 percent salary increase in 2026 and a further 10 percent increase in 2027, applied uniformly across the workforce. Negotiations between Kagem management and the Mine Workers Union of Zambia (MUZ), together with the National Union… Read More Here

Corporate News Mining Personality

Jubilee Metals Announces Resignation of Non-Executive Director Nicholas Taylor

January 26, 2026January 26, 2026 Constance

ubilee Metals Board Update: Nicholas Taylor Resigns as Non-Executive Director Copper producer Jubilee Metals has announced that Nicholas Taylor has resigned from his position as a non-executive director with immediate effect. Taylor, who was appointed to the board in 2020, served as chair of the audit and risk committee and was also a member of the remuneration committee. During his tenure, he previously served on the safety and sustainability committee. Jubilee stated that new appointments to the affected committees will be made in due course, including the designation of a… Read More Here

Mining in DRC Cobalt Copper Corporate News

Buenassa and Gécamines Compete for Control of Chemaf Mining Assets

January 26, 2026January 26, 2026 Constance

Chemaf Sale Highlights Clash Over Mining Sovereignty and Critical Minerals Strategy in the DRC In Katanga, the future of the Chemaf mining company has emerged as one of the most sensitive and closely watched issues in the Congolese mining sector. The contest between Buenassa and state-owned Gécamines reflects two competing visions of mining sovereignty in the Democratic Republic of Congo, against a backdrop of intensifying global competition for critical minerals, particularly copper and cobalt. Buenassa recently announced that it was seeking financial support to acquire a strategic local mining asset… Read More Here

International Corporate News Gold

Newmont’s Veto Power Complicates Barrick’s Plan to Spin Off North American Assets

January 26, 2026January 26, 2026 Constance

Barrick’s North America IPO Plans Depend on Newmont as Nevada JV Terms Shift Power Balance TORONTO – Canadian mining group Barrick’s plans to spin off its North American assets will depend heavily on its joint venture partner Newmont, underscoring a dramatic shift in the balance of power between the two global gold producers, according to documents reviewed by Reuters and accounts from former Barrick executives. Denver-based Newmont’s influence over Barrick’s strategic options marks a reversal from just a few years ago, when Barrick was seeking to buy out Newmont’s minority… Read More Here

International Copper Corporate News

BHP Raises 2026 Copper Output Forecast After Record Half-Year Performance

January 23, 2026January 23, 2026 Constance

BHP Boosts 2026 Copper Production Guidance as Prices Surge and Operations Hit Records Mining major BHP has raised its 2026 copper production guidance following a record operational performance across its copper and iron-ore assets in the half-year ended December 31, supported by a significantly stronger copper price environment. Copper prices increased by 32% year-on-year during the period, prompting BHP to lift its group copper production guidance for the 2026 financial year to between 1.9-million and 2-million tonnes, from the previous range of 1.8-million to 2-million tonnes. “BHP delivered another half… Read More Here

Mining in Zambia Copper Corporate News Gold News in Brief Technology & Innovation

Barrick Selects Metso Flotation Technology for Lumwana Expansion

January 23, 2026January 27, 2026 Constance

Barrick Chooses Metso’s Concorde Cell Flotation Technology for Lumwana Copper Expansion in Zambia Global gold and copper producer Barrick Mining Corporation has selected Metso’s Concorde Cell flotation technology for its Lumwana copper mine expansion project in Zambia. The Concorde Cell flotation cells will be deployed alongside Metso’s TankCell technology, which Barrick had previously chosen for the project. The combined solution is expected to optimise the processing flowsheet and enhance overall metallurgical performance. Metso said its high-intensity Concorde Cell technology is specifically designed to treat complex orebodies, delivering improved efficiency and… Read More Here

International Copper Corporate News

Koryx Copper Closes C$46 Million Bought-Deal Financing and Announces Namibian Placement

January 22, 2026January 22, 2026 Constance

Koryx Copper Raises Over C$46 Million in Bought-Deal Financing to Advance Haib Copper Project Canadian copper developer Koryx Copper has closed its previously announced bought-deal private placement, issuing a total of 18.8 million common shares for gross proceeds exceeding C$46 million, including the full exercise of the underwriters’ option. The offering was led by Stifel Canada as lead underwriter and sole bookrunner, on behalf of a syndicate that included Beacon Securities, Haywood Securities, Research Capital, Red Cloud Securities, Canaccord Genuity, and BMO Capital Markets. In addition to the bought deal,… Read More Here

Gold Corporate News International Mining Personality

Mali Appoints Former Barrick Executive to New Ministerial Role Overseeing Gold Mining Sector

January 22, 2026January 22, 2026 Constance

Mali Creates New Ministerial Role to Tighten Presidential Control of Mining Sector Mali’s military-led government has created a new ministerial-level position to oversee the country’s mining sector, significantly strengthening presidential control over the gold industry, the nation’s most important source of revenue. A former Barrick Mining executive has been appointed to the role. Legal documents outlining the new position show that the minister will have authority to oversee the implementation of mining policy, monitor compliance with the mining code, and review reports submitted by mining licence holders—responsibilities that were previously… Read More Here