International - Copperbelt Katanga Mining

WearCheck strengthens onsite sampling capabilities

May 13, 2026May 13, 2026 Constance0 comment

The precise accuracy of taking an oil sample from a machine component is one of the most critically important steps in the scientific analysis of oil as part of a condition monitoring programme. According to condition monitoring specialist company, WearCheck, taking samples is often a very specialised task, and not all maintenance teams have the correct training. Samples that are not taken correctly potentially contain external contamination and other material – even in miniscule amounts – that could compromise the accuracy of the test results. ‘It is for this reason… Read More Here

Transport and Logistics International

Angola–EU Business Forum Targets Major Investment Push for Lobito Corridor Development

May 12, 2026May 12, 2026 Constance0 comment

Angola-EU Business Forum 2026 Focuses on Mobilizing Investment for Lobito Corridor Infrastructure, Trade, and Energy Growth The 3rd Angola–European Union (EU) Business Forum opened on Tuesday in Luanda, with a strong focus on attracting European investment to accelerate the development of the Lobito Corridor across key sectors including agribusiness, transport, logistics, and energy. Held under the theme “From Dialogue to Concrete Investment,” the forum forms part of broader efforts to strengthen economic cooperation and advance the operationalization of the Lobito Corridor. The event has brought together around 900 participants, including government officials,… Read More Here

International Corporate News Gold

Contractor Exit and Layoffs Deepen Uncertainty at Mali’s Loulo-Gounkoto Gold Complex

May 12, 2026May 12, 2026 Constance0 comment

Over 600 Jobs Cut as Contractor Exits Barrick’s Loulo-Gounkoto Gold Mine in Mali Amid Ongoing Disruptions A key contractor at Mali’s Loulo-Gounkoto gold complex, the country’s largest gold mining operation, is winding down its activities and laying off more than 600 workers. The move adds to ongoing instability surrounding one of Africa’s most significant gold assets. Gounkoto Mining Services (GMS), a contractor linked to France-based Bouygues Construction through DTP Mining, is ending operations after its agreement is not expected to be renewed by Barrick Mining in 2026. The decision follows… Read More Here

International Battery Metals Infrastructural Development

US and South Africa Open Talks on Mining and Infrastructure Cooperation Amid Diplomatic Thaw

May 12, 2026May 12, 2026 Constance0 comment

US and South Africa Hold High-Level Talks on Critical Minerals, Mining Investment, and Infrastructure Projects The United States and South Africa have initiated early-stage discussions on cooperation in mining, infrastructure, and investment, indicating a potential easing of recent diplomatic tensions between the two countries. The engagement, held in Johannesburg, was described as the most senior bilateral meeting between Washington and Pretoria this year. The talks centered on opportunities in critical minerals, a sector of growing strategic importance as the US works to reduce reliance on China-dominated supply chains for materials… Read More Here

Gold Corporate News International

B2Gold Reports $200M Profit Surge on Strong African Output as Gold Production Reaches 237,763 Ounces

May 12, 2026May 12, 2026 Constance0 comment

B2Gold Posts $200M Profit as Mali and Namibia Drive Gold Production Growth Across Africa, Canada, and the Philippines Canadian gold producer B2Gold Corp. has reported a significant financial uplift, driven by strong production from its operations in Mali and Namibia, alongside contributions from Canada and the Philippines. The company posted a $200 million increase in net income, supported by solid operational performance and robust cash flow generation. During the period, B2Gold produced a total of 237,763 ounces of gold, reinforcing its position as a leading intermediate gold producer with a… Read More Here

Corporate News Gold International

Barrick Launches $3 Billion Share Buyback Ahead of North American Spinout

May 12, 2026May 12, 2026 Constance0 comment

Barrick Mining Announces $3 Billion Share Buyback as Gold Prices Drive Strong Earnings Growth Barrick Mining has announced a $3 billion share buyback program as the company moves to strengthen shareholder returns ahead of the planned spinout and public listing of its North American assets. The Toronto-based gold producer unveiled the repurchase plan after reporting strong first-quarter financial results, supported by record gold prices and solid free cash flow generation. The move expands the company’s shareholder return strategy following a $500 million buyback completed late last year. Barrick is preparing… Read More Here

Corporate News Aluminium International

Trafigura Partners Egyptalum on Major Aluminium Smelter Expansion in Egypt

May 10, 2026May 10, 2026 Constance0 comment

Trafigura and Egyptalum Plan Up to US$900 Million Aluminium Smelter Project in Egypt Global commodities trader Trafigura has entered into exclusive negotiations with Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding Company (MIH) to develop a major new primary aluminium smelter in Egypt at an estimated cost of between US$750 million and US$900 million. Under the proposed agreement, the parties plan to establish a new company that will build, own, and operate a 300,000-tonne-per-year primary aluminium smelter and a 150,000-tonne-per-year anode plant at Egyptalum’s Nag Hammadi industrial complex. Once operational,… Read More Here

International Gold

South Africa’s Gold Sector Revives with Low-Cost Projects and Modular Mining Shift

May 6, 2026May 6, 2026 Constance0 comment

South Africa Gold Mining Revival: New Low-Cost Projects Drive Industry Restructuring South Africa is experiencing renewed interest in its gold sector as smaller, lower-cost projects and modular mining technologies begin reshaping an industry that has declined by more than 70% over the past two decades. The shift marks a move away from deep-level, capital-intensive mining toward faster-developing projects focused on legacy deposits and improved cost efficiency. In Mpumalanga, Theta Gold Mines is advancing its TGME Gold Project near the historic town of Pilgrim’s Rest, an area largely inactive since the… Read More Here

International

Mozambique Proposes Mining Overhaul with State Equity and Raw Export Ban

May 6, 2026May 6, 2026 Constance0 comment

Mozambique Mining Reform: 15% State Stake and Ban on Raw Mineral Exports Proposed Mozambique is moving to strengthen state control over its mineral resources through sweeping reforms that would require a minimum 15% government stake in all mining projects and ban the export of unprocessed minerals. A draft revision of the country’s mining law, scheduled for parliamentary debate on May 7, signals a major policy shift aimed at increasing domestic value addition and ensuring more resource revenue remains within the national economy. Authorities argue that the current legal framework unchanged… Read More Here

International Corporate News

Andrada Mining Defers £7.7m Loan Repayment to Fund Expansion at Namibia’s Uis Mine

May 4, 2026May 4, 2026 Constance0 comment

Andrada Mining Delays £7.7m Convertible Loan Repayment to 2027 to Accelerate Uis Mine Expansion in Namibia Andrada Mining Limited has postponed the repayment of £7.7 million in convertible loan notes by one year, extending the maturity date to July 2027 as it prioritises expansion at its Uis Mine in Namibia and aims to scale production across its critical minerals portfolio. Loan restructuring terms revised The company confirmed it has amended loan notes originally issued in July 2023. Key changes include: The £7.7 million facility was raised through the issuance of… Read More Here