Corporate News - Copperbelt Katanga Mining

Vedanta to Split into Five Listed Companies as Part of Major Restructuring 1

India’s Vedanta Set to Demerge into Five Public Companies to Reduce Debt and Unlock Value India-based Vedanta Limited will break up into five separately listed companies early next month, as part of a multi-year restructuring program designed to reduce debt and unlock shareholder value. The demerger plan, approved by a tribunal in December, will see Vedanta operate as the holding company for its base metals business, while four other entities Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy will be separately listed. Anil Agarwal told the… Read More Here

Mining in DRC Cobalt Copper Corporate News

Glencore Bets on DRC Operations to Drive Copper and Cobalt Growth Strategy

March 31, 2026April 6, 2026 Constance

Glencore Expands Focus on DRC Copper and Cobalt Assets as It Targets 1 Million Tonnes of Copper Output by 2028 Glencore is intensifying its investment focus on the Democratic Republic of the Congo (DRC) as part of a long-term strategy to become one of the world’s leading copper producers without relying on large-scale mergers. The company recently ended merger discussions with Rio Tinto that could have created the world’s largest mining group. Instead, Glencore has opted to strengthen its balance sheet and sharpen its portfolio around high-demand transition metals, particularly… Read More Here

International Corporate News

Glencore’s South African Ferrochrome Operations at Risk Amid Electricity Tariff Dispute

March 29, 2026March 29, 2026 Constance

Glencore Faces Uncertainty in South Africa as Ferrochrome Plants Struggle With High Power Costs Glencore’s ferrochrome operations in South Africa face growing uncertainty as the company signals it may withdraw from negotiations with the government over a proposed discounted electricity package. Without lower power costs, the multinational warns, its loss-making smelters cannot remain viable, putting thousands of jobs at risk. On February 27, Eskom, South Africa’s state-owned electricity utility, offered steeply discounted rates to the country’s two largest ferrochrome producers, including Glencore, in an effort to keep the plants operational.… Read More Here

International Corporate News Gold

Barrick Slows Reko Diq Development as Security Risks Extend Project Review

March 29, 2026March 29, 2026 Constance

Barrick Delays $5.6 Billion Reko Diq Copper-Gold Project in Pakistan Amid Rising Regional Security Concerns Barrick Mining Corporation (TSX: ABX, NYSE: B) has announced plans to slow development of the Reko Diq copper-gold project in Pakistan’s Balochistan province and extend its project review period, citing heightened regional security risks linked to tensions in the Middle East. The decision, first reported by the Financial Times, introduces additional uncertainty around the timeline for one of the world’s largest undeveloped copper-gold deposits. Barrick’s shares traded slightly lower following the announcement, moving within a… Read More Here

Corporate News Exploration Lithium Mining in DRC

DRC Revokes AVZ Minerals’ 79-Block Lithium Exploration Permit Amid Ongoing Regulatory Disputes

March 28, 2026March 28, 2026 Constance

DRC Cancels AVZ Minerals’ Lithium Permit in Manono Extension Project, Highlighting Rising Regulatory Risks for Foreign Miners The Democratic Republic of Congo has revoked a 79-block lithium exploration permit held by the Congolese subsidiary of Australian mining firm AVZ Minerals. The Mining Registry (CAMI) issued the forfeiture order on March 19, 2026, citing non-payment of annual surface fees for permit PR 4029, located in the Manono territory of Tanganyika province. Under Congolese mining law, AVZ has 30 days to appeal the decision. PR 4029 is part of AVZ’s Manono Extension… Read More Here

International Corporate News Iron Ore New Mining Projects

Ivanhoe Atlantic Clears Environmental Approval for Kon Kweni Iron Ore Project Amid Leadership Transition

March 28, 2026March 28, 2026 Constance

US-Backed Ivanhoe Atlantic Advances Liberia Iron Ore Project, Secures ESIA Approval and Targets Western Markets Ivanhoe Atlantic Inc., supported by billionaire Robert Friedland, has cleared a major regulatory milestone in Liberia, bringing one of West Africa’s largest untapped iron ore projects closer to production. The company announced that the Government of Liberia has formally accepted its Environmental and Social Impact Assessment (ESIA) for Phase One transport and logistics infrastructure supporting the Kon Kweni ultra-high-grade iron ore project. Prepared by Liberian consultant Earthtime Group and reviewed by Liberia’s Environmental Protection Agency,… Read More Here

Mining in Zambia Copper Corporate News Investment News

Makor Resources Launches Zambia Expansion with $30 Million Copper Exploration Strategy

March 26, 2026March 30, 2026 Constance

Company advances district-scale copper portfolio aligned with Zambia’s 3 million tonne production target and growing global supply constraints Makor Resources, a copper-focused exploration and development company, today formally announced the launch of its operations in Zambia, positioning the company at the centre of one of the most significant structural supply challenges facing global markets. As demand for copper accelerates driven by electrification, clean energy systems, and digital infrastructure supply remains constrained by the industry’s ability to bring new production online in a timely, structured, and responsible manner. Against this backdrop,… Read More Here

Gemstones Corporate News

Gemfields Navigates Operational Setbacks at Montepuez and Kagem Mines as It Focuses on Recovery in 2026

March 26, 2026March 26, 2026 Constance

Gemfields Reports Production and Cash Flow Pressures from Mine Disruptions in Mozambique and Zambia, Targets Operational Stability in 2026 Amid a challenging operating environment, gemstone producer Gemfields has reported that operational disruptions at its key mining assets weighed on production and cash generation for the financial year ended December 31. The company cited interruptions at its 75%-owned Montepuez Ruby Mining (MRM) operation in Mozambique and at the Kagem emerald mine in Zambia as major factors affecting performance. In a trading update, Chief Executive Officer Sean Gilbertson explained that delays in… Read More Here

Mining in DRC Corporate News New Mining Projects Tin

Rome Resources Reports Strong Tin Intercepts at Kalayi Prospect, Expanding Resource Potential

March 26, 2026March 26, 2026 Constance

Rome Resources Reports Widest Tin Intercept Yet at Kalayi in DRC, Boosting Confidence in Large-Scale Resource Expansion Rome Resources has announced encouraging drilling results from its Kalayi prospect, located within the Bisie North project area in the Democratic Republic of the Congo. The latest findings continue to confirm the presence of high-grade tin mineralisation and strengthen the company’s confidence in the project’s long-term development potential. The standout result comes from drill hole KBDD033, which delivered the widest tin-bearing intercept recorded at the Kalayi prospect to date. Initial on-site X-ray fluorescence… Read More Here

Drilling Corporate News Mining in Zambia New Mining Projects

Jubilee Metals Advances Molefe Mine Expansion Following Strong Copper Drill Results

March 26, 2026March 26, 2026 Constance

Jubilee Metals Confirms High-Grade Copper Continuity at Molefe Mine, Strengthening Feed Supply to Sable Refinery Jubilee Metals Group has reported encouraging results from its Phase 1 infill drilling programme at the Molefe mine, reinforcing confidence in the continuity and quality of near-surface copper oxide mineralisation. The findings support the company’s expansion plans and its broader strategy to secure reliable, high-grade copper feedstock from owned resources to sustain its growing processing operations in Zambia. The Molefe operation is strategically located within trucking distance of Jubilee’s Sable Refinery, enabling efficient transport and… Read More Here