International - Copperbelt Katanga Mining

Codelco Appoints Jorge Gómez as New CEO Amid Production Scandal and Leadership Shake-Up in Chile 1

Chile’s Codelco Names Jorge Gómez CEO as State Copper Giant Seeks Stability After Production Reporting Scandal Chile’s state-owned copper producer Codelco has appointed Jorge Gómez as its new chief executive officer as the company continues to navigate the fallout from a scandal involving inflated production figures. In an official statement, Codelco confirmed that Gómez will assume the role on July 13, succeeding current CEO Rubén Alvarado. The appointment follows earlier reporting by Reuters, which cited sources familiar with the decision. Gómez joins Codelco after serving since 2012 as head of… Read More Here

Gold Corporate News International

Zijin Mining’s Delayed Allied Gold Acquisition Signals a New Era in China’s Mining Strategy

June 5, 2026June 5, 2026 Constance0 comment

Zijin Mining’s Allied Gold Deal Delay Highlights China’s Cautious Shift in Global Gold Strategy and Africa Investment Risks The postponement of Zijin Mining’s planned acquisition of Canadian-based Allied Gold is more than a routine procedural delay. The three-month extension reflects deeper strategic calculations linked to China’s evolving mining policy, intensifying global competition for gold assets, and rising regulatory and political considerations in Africa. Amid record-high global gold prices and increasing efforts by major economies to secure critical mineral supplies, Beijing’s cautious stance highlights a shift toward greater scrutiny of overseas… Read More Here

International Gold New Mining Projects

Zimbabwe’s Dokwe Gold Project Surges Past 1.1 Million Ounces as Gold Boom Accelerates Economic Growth

June 4, 2026June 4, 2026 Constance0 comment

Zimbabwe gold boom intensifies as Dokwe project tops 1.13M ounces, boosting mining investment and $1B+ valuation Zimbabwe’s gold sector is entering a new phase of rapid expansion, driven by rising global prices, stronger investor appetite, and national efforts to increase output to 50 tonnes this year. At the centre of this momentum is a major new development in Matabeleland North, where UK-listed Ariana Resources has significantly upgraded its Dokwe Gold Project, strengthening its position as one of the country’s most important undeveloped gold assets. The company has announced a 42%… Read More Here

International Corporate News Equipment & Technology

Sandvik and Rio Tinto Partner to Advance Autonomous Surface Drilling Technology in Pilbara

June 4, 2026June 4, 2026 Constance0 comment

Sandvik and Rio Tinto Join Forces to Accelerate Autonomous Open-Pit Drilling Sandvik and Rio Tinto have signed a joint development agreement aimed at integrating Sandvik’s i-series surface drill rigs with Rio Tinto’s proprietary Autonomous Drilling System (ADS), marking a significant step forward in the evolution of autonomous mining technology. The collaboration combines Sandvik’s AutoMine® automation platform with Rio Tinto’s extensive expertise in remote autonomous operations to create an advanced solution for open-pit drilling. The partnership is expected to enhance safety, productivity, and operational efficiency across large-scale mining operations. Initially, the… Read More Here

International Corporate News

Vedanta Cooperates with Indian Authorities Amid Foreign Exchange Probe

June 2, 2026June 2, 2026 Constance0 comment

India’s Enforcement Directorate Conducts Searches Linked to Vedanta Group in Foreign Exchange Investigation Indian authorities have conducted searches at premises linked to the Vedanta Group as part of an ongoing investigation into potential violations of the country’s foreign exchange regulations. According to reports, the Enforcement Directorate (ED), India’s financial crime-fighting agency, carried out the searches on Tuesday under the provisions of the Foreign Exchange Management Act (FEMA), which governs cross-border financial transactions and foreign exchange compliance in the country. While officials confirmed the searches, details regarding the nature of the… Read More Here

International Corporate News Gold

Barrick Weighs London Listing for African Business as Potential Endeavour Mining Deal Emerges

June 1, 2026June 1, 2026 Constance0 comment

Barrick Considers London Listing for African Operations Amid Potential Endeavour Mining Tie-Up Barrick Mining is exploring a potential London listing for its African business, with an all-share transaction involving Endeavour Mining among the options under consideration, according to sources familiar with the matter. The discussions remain at an early stage and no final decision has been made. Sources cautioned that there is no certainty a transaction will proceed, and no announcement is expected in the near term. If completed, a combined African-focused entity could command a market capitalisation of around… Read More Here

International Battery Metals Lithium

Zimbabwe Attracts Nearly $1 Billion in Lithium Processing Investments After Export Ban

May 31, 2026May 31, 2026 Constance0 comment

Zimbabwe’s Lithium Beneficiation Push Drives $1 Billion in New Processing Investments Zimbabwe’s decision to ban the export of raw lithium concentrates has triggered a wave of investment in domestic processing infrastructure, with commitments reaching nearly $1 billion, largely driven by Chinese mining companies operating in the country. The policy shift, aimed at increasing local beneficiation and value addition, has accelerated the development of lithium sulphate processing plants as global demand for battery minerals continues to rise. A key example is Sichuan Yahua Industrial Group Co., which has begun construction of… Read More Here

International Copper

Chile Copper Output Drops 13.8% in April as Lower Ore Grades Hit Major Mines

May 30, 2026May 30, 2026 Constance0 comment

Chile’s Copper Production Falls Sharply in April Amid Weaker Ore Grades and Output Decline Copper production in Chile, the world’s largest producer of the metal, declined by 13.8% year-on-year in April, according to data released on Friday by the National Statistics Institute (INE). Output fell to 399,954 metric tons, compared with 464,056 tons recorded in the same month last year. The agency attributed the decline to a high base of comparison and lower ore grades at major mining operations across the country. Chile’s broader industrial activity also weakened during the… Read More Here

Copper Corporate News International

Panama to Release Final Audit of FQM’s Cobre Panama Mine as Protests Intensify

May 29, 2026May 29, 2026 Constance0 comment

Panama Prepares Final Audit on Cobre Panama Mine Amid Renewed Protests and Political Tensions Panama is set to publish the final audit of First Quantum Minerals’ (TSX: FM) suspended Cobre Panama copper mine on Friday, as anti-mining protests resurface and expectations build over the government’s next decision on the operation’s future. Environment Minister Juan Carlos Navarro confirmed that the third-party audit will be released publicly “with full transparency” once finalized, according to local media outlet La Estrella de Panamá. The audit has now entered its final stage of technical review… Read More Here

International Gold

Zimbabwe’s Gold Sector Gains Momentum as Deliveries Exceed 12.6 Tonnes in Early 2026

May 28, 2026May 28, 2026 Constance0 comment

Zimbabwe Gold Deliveries Surpass 12.6 Tonnes in Four Months as Rising Global Demand Strengthens Mining Sector Zimbabwe’s gold industry is showing renewed momentum in 2026, with bullion deliveries exceeding 12,600 kilogrammes during the first four months of the year as rising global demand and increased output from large-scale miners continue to strengthen the sector. Official figures reported by The Herald, a media partner of TV BRICS, show that total gold deliveries reached 12,636.51 kilogrammes between January and April 2026. The performance highlights gold’s growing importance to Zimbabwe’s economy and its… Read More Here