Corporate News - Copperbelt Katanga Mining

DRC Moves to Expand Local Value Addition in Strategic Germanium Sector

July 30, 2026July 30, 2026 Constance

DRC Advances Germanium Processing Strategy as STL-Umicore Partnership Gains Belgian State Backing The Democratic Republic of Congo (DRC) is advancing efforts to move up the mining value chain, with a strategic partnership between the Société du Terril de Lubumbashi (STL) and Belgian group Umicore expected to strengthen the country’s germanium industry. The Belgian Council of Ministers’ approval of a state guarantee for the partnership marks an important step in the development of the strategic mineral sector and provides additional support for planned investments. The partnership aligns with the DRC government’s… Read More Here

Corporate News Copper

FQM Reports $136m Profit as Copper Production and Kansanshi Performance Improve

July 29, 2026July 29, 2026 Constance

First Quantum Posts $136m Profit as Copper Output Rises and Kansanshi Beats Capacity TSX-listed First Quantum Minerals reported net earnings attributable to shareholders of $136 million, or $0.16 a share, for the second quarter, as stronger copper sales and higher realised prices supported its recovery from the financial pressure caused by the prolonged shutdown of its Cobre Panamá mine. The company recorded an adjusted loss of $106 million, or $0.13 a share, while gross profit rose to $297 million and EBITDA reached $400 million. Compared with the same period last… Read More Here

Copper Corporate News International

Glencore Copper Production Jumps 15% in First Half as African Operations Boost Output

July 29, 2026July 29, 2026 Constance

Glencore Copper Production Rises 15% in H1 as African Mines Lift Output, Cobalt Falls 46% Global mining and commodities company Glencore increased copper production by 15% in the first half of the year, supported by higher grades at key operations in Africa and at its Antamina mine in Peru. The Swiss-based miner produced 397,000 tonnes of copper during the six months, up from 343,900 tonnes in the same period of 2025. Glencore attributed the increase primarily to improved copper grades at its African operations and Antamina, strengthening its production performance… Read More Here

International Battery Metals Corporate News Lithium

Andrada Extends Lithium Ridge Mineralised Trend to 9km in Namibia

July 29, 2026July 29, 2026 Constance

Andrada Mining Extends Namibia’s Lithium Ridge Mineralisation to 9km, Identifies High-Grade Lithium, Tin and Tantalum Aim-listed Andrada Mining has extended the identified surface mineralisation at its Lithium Ridge project in Namibia by 50% to 9 km following the completion of a licence-wide sampling programme. The company said the programme identified high-grade lithium, tin and tantalum anomalies across multiple previously identified pegmatites within the project’s licence area. The results build on earlier findings that confirmed mineralisation along the main Lithium Ridge trend. Several grab samples returned lithium oxide grades above 3.5%,… Read More Here

International Corporate News Gold

Barrick Safely Evacuates Workers Stranded at Chilean Mining Camp After Severe Storms

July 28, 2026July 28, 2026 Constance

Barrick Safely Evacuates Workers Stranded by Severe Storms in Chile Barrick Mining Corp. has safely evacuated workers who were stranded at its Barriales camp in northern Chile after severe storms blocked road access and disrupted transport routes. The company said all evacuated workers were in good health following rescue operations that began on Friday and resumed early Saturday after weather conditions improved enough to allow helicopter flights. Chile’s Economy and Mining Minister Daniel Mas also confirmed the safe evacuation of the workers in a post on X. Barrick said it… Read More Here

Mining in DRC Corporate News

Civil Society Urges DRC to Fast-Track Independent Audit of Sicomines Agreement

July 26, 2026July 26, 2026 Constance

DRC Civil Society Calls for Urgent Independent Audit of Sicomines Project to Improve Transparency and Accountability The Congo Is Not for Sale Coalition (CNPAV) has called on President Félix Tshisekedi and Prime Minister Judith Suminwa Tuluka to accelerate the implementation of an independent technical and financial audit of the Sicomines mining project, describing it as essential to improving transparency, accountability and governance in one of the Democratic Republic of Congo’s largest mining partnerships. In a statement issued on 23 July, the coalition urged the government to maintain momentum on the… Read More Here

International Coal Corporate News

Jindal Group Invests $160 Million to Build Africa’s First Fully Electric Coal Mine

July 24, 2026July 24, 2026 Constance

Mozambique Secures $160 Million Investment as Jindal Develops Africa’s First Fully Electric Coal Mine Indian billionaire Sajjan Jindal’s Jindal Group has committed $160 million to transform its Moatize coal mine in Mozambique into Africa’s first fully electric coal mining operation, marking a major step toward more efficient and lower-emission mining on the continent. The investment will fund the development of a 300-megawatt power system to electrify mining operations, coal processing facilities and rail transport infrastructure at the Vulcan-operated mine in Tete Province. Replacing diesel-powered equipment with electric systems is expected… Read More Here

Mining in DRC Copper Corporate News Mining Personality

Yannick Makola Appointed First Congolese Managing Director of Kamoto Copper Company

July 23, 2026July 23, 2026 Constance

Glencore’s KCC Names Yannick Makola as First Congolese CEO to Lead Major DRC Copper Producer Kamoto Copper Company (KCC), a subsidiary of global mining group Glencore in the Democratic Republic of Congo, has appointed Yannick Makola as Managing Director, subject to approval by the company’s Board of Directors. The appointment marks a historic milestone for KCC, as Makola becomes the first Congolese national to lead the company since its establishment. Makola joined KCC in 2020 as General Manager responsible for Processing before advancing through senior leadership roles. He most recently… Read More Here

International Corporate News Gold

Barrick Invests C$20.8 Million in Kingfisher Metals to Advance Copper-Gold Exploration Project

July 23, 2026July 23, 2026 Constance

Barrick Acquires 9.9% Stake in Kingfisher Metals to Support Highway 37 Copper-Gold Project in Canada Global mining company Barrick Mining Corporation has invested C$20.8 million in Canadian copper and gold explorer Kingfisher Metals Corporation through a private placement, strengthening its exposure to the company’s Highway 37 project in British Columbia. Barrick subscribed for 15.4 million units priced at C$1.35 each, with each unit consisting of one common share and half of a share purchase warrant. Each full warrant allows Barrick to acquire an additional Kingfisher share at C$1.70 within the… Read More Here

International Copper Corporate News

Panama Considers State-Owned Mining Company to Support Cobre Panamá Restart

July 23, 2026July 23, 2026 Constance

Panama Explores State Mining Company Model to Reopen First Quantum’s Cobre Panamá Copper Mine Panama is considering the creation of a state-owned mining company as part of efforts to find a pathway for the reopening of First Quantum Minerals’ Cobre Panamá copper mine, one of the world’s largest copper operations. The proposed state mining entity could form part of a new ownership or partnership structure that would allow the Panamanian government to take a greater role in the project while addressing legal, environmental, and political concerns that led to the… Read More Here