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Category: Corporate News

First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair 1 Mining in Zambia Corporate News Events & Expos 

First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair

Constance
First Quantum Minerals (FQM) has reaffirmed its commitment to Zambia’s economic transformation by sponsoring 27 local Small and Medium-sized Enterprises (SMEs) to participate in the 2025 Zambia International Trade Fair in Ndola. This initiative supports the Government’s efforts to boost local content and strengthen business resilience, in line with the fair’s theme: “Enhancing Business Resilience through Innovation and Trade.” FQM’s sponsorship is part of its broader Supplier Development Programme, which aims to empower Zambian businesses within the mining value chain. The programme offers mentorship, access to finance, skills development, and… Read More Here
TFM Finalizes Major Railway Diversion to Boost Mining Operations in Fungurume 2 Mining in DRC Corporate News Infrastructural Development 

TFM Finalizes Major Railway Diversion to Boost Mining Operations in Fungurume

Constance
On June 25, 2025, Tenke Fungurume Mining (TFM) officially completed the technical handover of a key infrastructure project: the nearly 4-kilometer diversion of the RR2 railway section within its mining concession. This rerouting, fully funded by TFM, enables access to new strategic mineral deposits critical to the company’s expansion. Initiated in 2021, the project was driven by the need to realign the existing railway operated by the Société Nationale des Chemins de fer du Congo (SNCC), which intersected with a significant portion of the newly identified deposit. With the approval… Read More Here
Alphamin Resources Reports Strong Q2 Performance and Exploration Progress Despite Operational Disruptions 3 Corporate News Tin 

Alphamin Resources Reports Strong Q2 Performance and Exploration Progress Despite Operational Disruptions

Constance
Alphamin Reports Q2 Growth & Tin Exploration Update TSX-V- and JSE-listed Alphamin Resources ended the second quarter, which concluded on June 30, with a net cash position of $50 million. This marks a significant $52 million improvement from a net debt position of $2 million at the end of the first quarter. Contained tin production for the quarter totaled 4,106 tonnes, falling short of the targeted 5,000 tonnes. This shortfall was primarily due to a temporary suspension of operations on March 13, prompted by security concerns. Production resumed in phases… Read More Here
Andrada Mining to Raise N$143 Million for Uis Tin Mine Expansion in Namibia 4 Tin Corporate News International 

Andrada Mining to Raise N$143 Million for Uis Tin Mine Expansion in Namibia

Constance
Andrada Mining Limited, a UK-listed company, has announced plans to raise up to N$143.13 million (£5.9 million) to fund key upgrades at its Uis tin mine in Namibia. The capital will support strategic investment projects aimed at improving processing efficiency and boosting output. According to CEO Anthony Viljoen, the company will allocate approximately N$63.08 million toward the installation of ore sorters and N$43.67 million to accelerate the commissioning of the mine’s Jig plant. “These upgrades are expected to significantly enhance the mine’s processing efficiency and output,” Viljoen said. The fundraising… Read More Here
FQM Resumes Copper Shipments from Panama Amid Hopes for Mine Restart 5 Copper Corporate News International 

FQM Resumes Copper Shipments from Panama Amid Hopes for Mine Restart

Constance
First Quantum Minerals Ltd. has resumed shipments of copper concentrate from its Cobre Panama mine, 19 months after operations were halted by Panama’s Supreme Court, which ruled the mine’s license unconstitutional. On June 18, a bulk carrier named Lipsi departed from Punto Rincón, First Quantum’s private port used exclusively for exporting concentrate from the Cobre Panama operation, according to Bloomberg data. The ship, which can carry around 35,000 deadweight tons, is reportedly en route to deliver its cargo to German copper smelter Aurubis AG, according to sources familiar with the… Read More Here
De Beers to Launch Diamond Exploration in Angola's Lunda Provinces 6 Diamond Corporate News Exploration International 

De Beers to Launch Diamond Exploration in Angola’s Lunda Provinces

Constance
De Beers, the global diamond mining giant, will commence diamond exploration activities in Angola’s Lunda Norte and Lunda Sul provinces within the next two weeks, according to the company’s CEO, Al Cook. The announcement was made following a meeting with President João Lourenço in Luanda on Tuesday. According to a statement from the Press Office of the Presidency (CIPRA), accessed by VerAngola, the exploration marks the next phase following two years of aerial electromagnetic surveys and geological prospecting. “The multinational De Beers will begin drilling and exploration operations in Muconda… Read More Here
Zambian Court Adds State Miner to Lawsuit Over Mopani Copper Sale 7 Mining in Zambia Copper Corporate News 

Zambian Court Adds State Miner to Lawsuit Over Mopani Copper Sale

Constance
A Zambian court has added the state-owned mining company, ZCCM Investments Holdings Plc, to a lawsuit filed by an opposition lawmaker challenging the recent sale of Mopani Copper Mines. According to a regulatory statement issued Thursday, ZCCM was joined to the case on June 20, 2025. The case centers on a transaction finalized in 2024, which transferred control of Mopani to a new investor. Miles Sampa, a former Deputy Minister of Commerce and current opposition Member of Parliament, argues that the sale constitutes the disposal of a major state asset.… Read More Here
Ivanhoe Electric Advances Streamlined Copper Project Toward 2028 Production 8 International Copper Corporate News New Mining Projects 

Ivanhoe Electric Advances Streamlined Copper Project Toward 2028 Production

Constance
Working in close collaboration with expert industry consultants, our team has developed a highly optimized underground mine plan and a simplified heap-leach processing design. The result is a project with low upfront capital requirements, reduced operating costs per unit, and high copper recovery rates. Located on private land, the project benefits from a more efficient permitting process. Ivanhoe Electric aims to begin copper production by 2028. Financing efforts are already underway, bolstered by a letter of interest from the U.S. Export-Import Bank, which could provide up to $825 million in… Read More Here
Mali Appoints Temporary Administrator to Restart Operations at Barrick’s Loulo-Gounkoto Mine Amid Dispute 9 International Corporate News Gold 

Mali Appoints Temporary Administrator to Restart Operations at Barrick’s Loulo-Gounkoto Mine Amid Dispute

Constance
The Malian government has announced that a temporary administrator will resume production at Barrick Gold Corporation’s Loulo-Gounkoto mining complex, following a sharp escalation in tensions between the Canadian mining giant and the West African nation’s military-led government. The mine, one of Barrick’s most valuable assets, was placed under provisional administration earlier this month. On June 16, a court in Bamako ruled that the state could assume control of the mine’s management for six months. Barrick subsequently suspended operations after Malian authorities blocked gold exports and detained senior company staff. “The… Read More Here
Glencore Reaffirms Commitment to Human Rights and Tackles Child Labor in the DRC 10 Mining in DRC Corporate News 

Glencore Reaffirms Commitment to Human Rights and Tackles Child Labor in the DRC

Constance
In a press release issued earlier this week, Anglo-Swiss commodities giant Glencore reaffirmed its commitment to the United Nations Guiding Principles on Business and Human Rights. The company also reiterated its support for the Universal Declaration of Human Rights and the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work. This commitment is reflected in Glencore’s community initiatives in Kolwezi, located in Lualaba Province, Democratic Republic of Congo (DRC), where the company is working to improve access to quality education for local children. “Glencore takes a zero-tolerance… Read More Here

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