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Category: Corporate News

Ivanhoe Mines Reports Strong Copper and Zinc Output as Kamoa-Kakula Expansion Advances 1 Mining in DRC Copper Corporate News Zinc 

Ivanhoe Mines Reports Strong Copper and Zinc Output as Kamoa-Kakula Expansion Advances

Constance
Ivanhoe Mines Reports Strong Copper and Zinc Output as Kamoa-Kakula Expansion Advances TSX-listed Ivanhoe Mines produced 71,417 tonnes of copper in blister and anode from its Kamoa-Kakula Copper Complex smelter in the Democratic Republic of Congo during the first quarter of the year. The company reported that total output comprised 63,671 tonnes of copper in anode produced by Kamoa-Kakula’s on-site direct-to-blister copper smelter and 7,746 tonnes of copper in blister produced by the Lualaba Copper Smelter in Kolwezi. In addition, Kamoa-Kakula’s on-site smelter generated 117,871 tonnes of high-strength sulphuric acid… Read More Here
Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine 2 International Corporate News Gold Investment News 

Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine

Constance
Trafigura Enters Ghana Gold Market with $65M Financing and 700,000 oz Offtake Deal for Bogoso–Prestea Mine Restart Global commodity trading company Trafigura has entered into an offtake and financing agreement with Ghana-owned mining firm Heath Goldfields to support the restart of operations at the Bogoso Prestea gold mine in western Ghana. Under the agreement, Trafigura will purchase approximately 700,000 ounces of gold doré produced at the Bogoso–Prestea processing facility. Deliveries are expected to begin later this year as production ramps up. In addition to the offtake arrangement, Trafigura is providing… Read More Here
Alphamin Resources Reports Strong Q1 Earnings Growth Driven by Higher Tin Prices and Improved Logistics 3 Mining in DRC Corporate News News in Brief Tin 

Alphamin Resources Reports Strong Q1 Earnings Growth Driven by Higher Tin Prices and Improved Logistics

Constance
Alphamin Resources Sees 46% EBITDA Jump to $158M in Q1 on Strong Tin Prices and Stable Production Democratic Republic of Congo-focused tin producer Alphamin Resources is expected to report a 46% quarter-on-quarter increase in earnings before interest, taxes, depreciation and amortisation (EBITDA), reaching approximately $158 million for the quarter ended March 31. Tin production for the period totalled 5,026 tonnes, broadly in line with guidance of 20,000 tonnes annualized output and consistent with the previous quarter’s performance. Tin sales amounted to 5,016 tonnes, representing a marginal 1% decline compared to… Read More Here
FQM Partners with IFC to Advance Sustainability Standards at Argentina’s Taca Taca Copper Project 4 International Copper Corporate News New Mining Projects 

FQM Partners with IFC to Advance Sustainability Standards at Argentina’s Taca Taca Copper Project

Constance
First Quantum Minerals and IFC Align Taca Taca Copper Project with ESG Standards to Strengthen Financing and Boost Argentina Mining Investment First Quantum Minerals First Quantum Minerals has announced a partnership with the International Finance Corporation International Finance Corporation to align its Taca Taca copper project in Argentina with internationally recognized environmental and social sustainability standards. The agreement will ensure the proposed development in Salta Province Salta Province complies with IFC Performance Standards on Environmental and Social Sustainability. This alignment is expected to enhance the project’s attractiveness to lenders and… Read More Here
Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline 5 Gold Corporate News International 

Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline

Constance
Barrick Mining Reverses Expansion Strategy, Targets Acquisitions and North American Assets After 17% Output Drop Barrick Mining (TSX: ABX) (NYSE: B) is shifting its corporate strategy away from high-risk international expansion and back toward acquisitions, marking a significant reversal of its previous decade-long growth approach across Africa and Asia. Chairman John Thornton outlined the strategic pivot in a shareholder letter on Wednesday, his first major public statement since the company replaced former CEO Mark Bristow in September and announced plans to restructure key North American operations. Thornton said the company… Read More Here
Kagem releases updated ‘G-Factor for Natural Resources’ figures to 31 December 2025 6 Mining in Zambia Corporate News Gemstones 

Kagem releases updated ‘G-Factor for Natural Resources’ figures to 31 December 2025

Constance
Kagem Updates G-Factor for Natural Resources Figures for 2025 Year-End Gemfields, which operates Kagem Mining Limited (“Kagem”) in Lufwanyama, is pleased to confirm its ‘G-Factor for Natural Resources’ figures for Kagem, which now stand at 17% for the 10-year period from 2016 through 2025. The ‘G-Factor for Natural Resources’ reveals the percentage of natural resource revenue paid to the government of the host country in the form of mineral royalties, corporation tax and, where the relevant government is a shareholder, dividends. First announced in 2021, Gemfields shares its ‘G-Factor for Natural Resources’ annually in… Read More Here
Epiroc wins large order for underground mining equipment in Zambia 7 Mining in Zambia Corporate News Mining Equipment Press Release 

Epiroc wins large order for underground mining equipment in Zambia

Constance
Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large order for mining equipment from Mopani Copper Mines Plc in Zambia. The equipment will strengthen productivity and safety at two underground copper mines.  Mopani Copper Mines has ordered a fleet of Epiroc’s Minetruck haulers and Scooptram loaders. The machines will be used to boost production capacity at the mining company’s Nkana and Mufulira mines, which both were formed almost a century ago. The order is valued at around MUSD 20 (MSEK… Read More Here
Tenke Fungurume Mining Accounts for Over 20% of DRC Mining Revenues in 2023 8 Mining in DRC Cobalt Copper Corporate News 

Tenke Fungurume Mining Accounts for Over 20% of DRC Mining Revenues in 2023

Constance
CMOC’s Tenke Fungurume Mining leads DRC mining revenue contributions with $1.1bn in 2023, EITI report shows Tenke Fungurume Mining (TFM), a subsidiary of the CMOC Group, contributed 20.47% of total mining sector revenues in the Democratic Republic of the Congo during the 2023 financial year. The figures were disclosed in the latest report by the Extractive Industries Transparency Initiative (EITI) for the Democratic Republic of the Congo, released in early 2026. According to the report, TFM generated approximately $1.1 billion in government revenues out of the $5.6 billion collected from… Read More Here
Panama Approves Stockpile Processing at Cobre Panamá Mine Under Strict Supervision 9 International Corporate News 

Panama Approves Stockpile Processing at Cobre Panamá Mine Under Strict Supervision

Constance
Panama authorizes First Quantum to process and export stockpiled ore at Cobre Panamá without reopening mine The government of Panama has formally approved a request by Canada’s First Quantum Minerals to remove, process and export stockpiled ore at its shuttered Cobre Panamá mine, one of the world’s largest open-pit copper operations. In separate statements issued on Tuesday, the government and the mining company said the measure is intended to prevent potential environmental risks, protect nearby communities from hazards such as acid rock drainage, and maintain the operational stability of the… Read More Here
Kazchrome Secures Environmental Product Declaration for High-Carbon Ferrochrome 10 International Corporate News 

Kazchrome Secures Environmental Product Declaration for High-Carbon Ferrochrome

Constance
ERG subsidiary Kazchrome awarded international Environmental Product Declaration for high-carbon ferrochrome production A subsidiary of Luxembourg-based Eurasian Resources Group (ERG), Transnational Company Kazchrome Joint Stock Company (Kazchrome), has been awarded an international Environmental Product Declaration (EPD) for its high-carbon ferrochrome, marking a significant milestone in the company’s sustainability and transparency efforts. Kazchrome, one of the world’s largest ferroalloy producers, is headquartered in Kazakhstan and plays a key role in the global supply of chromium-based alloys used in stainless steel manufacturing. High-carbon ferrochrome is a critical ferroalloy used primarily in stainless… Read More Here

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