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Category: Corporate News

Caterpillar Acquires Skycatch to Expand AI-Powered Mining Technology Platform 1 International Corporate News Equipment & Technology Mining technology 

Caterpillar Acquires Skycatch to Expand AI-Powered Mining Technology Platform

Constance
Caterpillar Buys Skycatch to Boost AI, Digital Twin and Automation Capabilities in Mining Operations Caterpillar Inc. has acquired mining technology company Skycatch as part of its strategy to expand digital solutions, artificial intelligence capabilities and real-time data tools for mining operations. The terms of the transaction were not disclosed. The acquisition follows Caterpillar’s recent purchase of RPMGlobal and strengthens its portfolio of mining technologies designed to improve operational efficiency, optimise material movement and support both conventional and autonomous mining fleets. Skycatch specialises in capturing and processing high-resolution spatial data using… Read More Here
Tyranna Resources Sells Namibe Lithium Project to Sinomine for $1.44 Million 2 International Battery Metals Corporate News Lithium 

Tyranna Resources Sells Namibe Lithium Project to Sinomine for $1.44 Million

Constance
Tyranna Resources Divests Angola Lithium Project to Sinomine, Redirecting Funds to Chinguar Gold Development Australian-listed Tyranna Resources has agreed to sell its interest in the Namibe lithium and caesium project in southern Angola to Sinomine Resource Group for $1.44 million, allowing the company to focus on new exploration opportunities in Angola. The transaction involves the sale of Tyranna subsidiary Angolan Minerals’ 90% interest in AM Mauritius, the holding company for the Namibe project, to Sinomine Resource (Guangdong Hengqin) Supply Chain Co, a subsidiary of Sinomine Resource Group. The deal remains… Read More Here
De Beers Cuts Diamond Prices Sharply as Industry Crisis Forces Market Reset 3 International Corporate News Diamond 

De Beers Cuts Diamond Prices Sharply as Industry Crisis Forces Market Reset

Constance
De Beers Reduces Diamond Prices in Major Shift as Weak Demand and Lab-Grown Stones Pressure Market De Beers has introduced some of its largest official diamond price reductions in years, marking a significant shift in strategy as the company responds to prolonged weakness in the global diamond market. The price cuts come during the company’s first sales cycle after reducing the number of its selected diamond buyers, known as sightholders. The move is part of a broader effort to strengthen relationships with key customers amid challenging market conditions. The diamond… Read More Here
Prospect Resources Advances Mumbezhi Copper Exploration as Drilling Expands Resource Potential 4 Mining in Zambia Corporate News Drilling Exploration New Mining Projects 

Prospect Resources Advances Mumbezhi Copper Exploration as Drilling Expands Resource Potential

Constance
Prospect Resources Reports Progress at Zambia’s Mumbezhi Copper Project as Drilling Targets New Deposits Australian-listed Prospect Resources says its Phase 3 exploration programme at the Mumbezhi copper project in Zambia is progressing on schedule and within budget, with drilling activities continuing to identify potential extensions to existing mineral resources. The company reported that approximately 20% of planned diamond drilling and 35% of the budgeted aircore drilling programme have been completed. At the flagship Nyungu Central deposit, diamond drilling has focused on the southern section, where ten resource extension holes have… Read More Here
Glencore Highlights DRC’s Efforts to Improve Transparency in Critical Minerals Sector 5 Mining in DRC Copper Corporate News 

Glencore Highlights DRC’s Efforts to Improve Transparency in Critical Minerals Sector

Constance
Glencore Says DR Congo’s Transparency Efforts Could Boost Responsible Critical Mineral Exports The Democratic Republic of Congo’s efforts to improve governance, transparency and responsible mining practices in the critical minerals sector have been highlighted by Anna Krutikov, Glencore’s head of sustainable development, during the Global Conference of the Mineral Institute. Speaking during a panel discussion on the future of the critical minerals market alongside government representatives and development finance institutions, Krutikov said the DRC has made progress in engaging with international frameworks aimed at improving responsible mineral production. She pointed… Read More Here
Mopani Achieves Highest Monthly Ore Production in Two Years 6 Mining in Zambia Copper Corporate News 

Mopani Achieves Highest Monthly Ore Production in Two Years

Constance
Mopani Copper Mines Hits Highest Monthly Ore Production in Two Years, Exceeds June Copper Target Mopani Copper Mines PLC has achieved its highest monthly ore production in two years, producing 289,000 tonnes of ore in June 2026 while also exceeding its own-source finished copper production target for the month. The mining company produced 5,140 metric tonnes of copper cathode from its own ore, surpassing its June target of 5,104 metric tonnes. Chief Executive Officer Charles Sakanya said the strong performance reflects the company’s growing operational capacity and the positive impact… Read More Here
Glencore Reinforces Commitment to Sustainable Mining and Local Value Creation in the DRC 7 Mining in DRC Corporate News Events & Expos 

Glencore Reinforces Commitment to Sustainable Mining and Local Value Creation in the DRC

Constance
Glencore Highlights Responsible Mining and Local Development at DRC Mining Week 2026 Glencore has reaffirmed its commitment to responsible mining and local development after sponsoring and actively participating in a major industry event themed “From Local Player to Global Hub for Critical Minerals.” The forum, held during DRC Mining Week, brought together key stakeholders from across the mining value chain for a week of discussions on strategic priorities, investment opportunities, and the future of critical minerals. Present in the Democratic Republic of Congo (DRC) since 2007, Glencore operates two major… Read More Here
Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million 8 International Cobalt Copper Corporate News New Mining Projects 

Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

Constance
Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here
Gemfields Announces CEO Departure Amid Ruby Mine Production and Security Challenges 9 Mining Personality Corporate News Gemstones International 

Gemfields Announces CEO Departure Amid Ruby Mine Production and Security Challenges

Constance
Gemfields CEO Sean Gilbertson Steps Down as Mozambique Ruby Mine Faces Production Challenges Gemfields has announced that Chief Executive Officer Sean Gilbertson will step down from his role and as a director of the company on July 15, 2026, by mutual agreement with the board. Chief Financial Officer David Lovett has been appointed interim CEO while retaining his current responsibilities. Nonexecutive Chairperson Bruce Cleaver will provide additional support to the executive team as the board begins the search for a permanent successor. The company thanked Gilbertson for his leadership and… Read More Here
BHP, Rio Tinto and Caterpillar Progress Battery-Electric Haul Truck Trials at Jimblebar Mine 10 International Corporate News Equipment & Technology Technology & Innovation 

BHP, Rio Tinto and Caterpillar Progress Battery-Electric Haul Truck Trials at Jimblebar Mine

Constance
BHP, Rio Tinto and Caterpillar Advance Battery-Electric Cat 793 XE Haul Truck Trials in Major Mining Decarbonisation Push BHP, Rio Tinto and Caterpillar have reported early progress in their joint trial of two Cat 793 XE Early Learner battery-electric haul trucks at BHP’s Jimblebar iron ore mine in Western Australia. The trucks were initially tested at Caterpillar’s Tucson Proving Ground in the United States, where they completed safety validation and controlled trials before being deployed to Jimblebar. Since arriving on site, they have completed more than 100 hours of operation… Read More Here

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