International - Copperbelt Katanga Mining

Africa Becomes Net Debt Repayer to China as Lending Strategy Shifts

January 30, 2026January 30, 2026 Constance

China Scales Back Africa Lending as Debt Repayments Overtake New Loans After two decades of heavy financing, the financial relationship between China and Africa has entered a new phase, marked by a sharp reversal in capital flows. Africa is now a net payer to China, repaying more in debt service than it receives in new Chinese loans. According to The Great Reversal, a report published on January 27 by ONE Data (ONE Campaign), net financial flows from China to Africa fell dramatically from $30.4 billion between 2010 and 2014 to… Read More Here

Transport and Logistics International

Lobito Atlantic Railway Records New Operational Milestones at End of 2025 and Early 2026

January 30, 2026January 30, 2026 Constance

Lobito Atlantic Railway Sets Traffic and Port Handling Records, Strengthening Lobito Corridor At the end of 2025 and the beginning of 2026, Lobito Atlantic Railway (LAR) achieved significant operational milestones, reinforcing the Lobito Corridor’s position as a strategic logistics platform for regional and international trade. In December 2025, LAR recorded its highest monthly throughput to date, handling 37,000 tonnes of cargo across both domestic and international traffic. Building on this momentum, January 2026 marked another landmark achievement when LAR facilitated the arrival of the largest sulfur bulk carrier ever handled… Read More Here

International Infrastructural Development

AfDB Approves Reallocation of $98 Million to Complete Strategic Road Corridor in Western Tanzania

January 30, 2026January 30, 2026 Constance

African Development Bank Redirects $98 Million to Upgrade Bulamata–Uvinza Road, Boosting Regional Trade in Western Tanzania The African Development Bank (AfDB) Group has approved the reallocation of US$98 million in project savings to finance the completion of a key road infrastructure project aimed at improving regional connectivity in western Tanzania. The decision, endorsed by the AfDB Boards of Directors on 10 December 2025, allows unused funds from the completed Transport Sector Support Programme to be redirected to the Bulamata–Uvinza Road Upgrading Project (Lot B). The total cost of the project… Read More Here

International Economy Gold

Tanzania to Monetise Part of Gold Reserves to Fund Infrastructure

January 29, 2026January 29, 2026 Constance

Tanzania Plans Partial Sale of Gold Reserves as Foreign Aid Declines in 2026 Tanzania is planning to sell a portion of its gold reserves to finance priority infrastructure projects, as international development assistance continues to decline. The announcement was made on Monday, January 26, 2026, in London by the Minister of State for Planning and Investment, Kitila Mkumbo, following instructions from President Samia Suluhu Hassan to the Bank of Tanzania. “Governments are no longer willing to provide aid to Africa, so we are reorganising our financing strategy,” the minister said,… Read More Here

International Drilling New Mining Projects Uranium

Noronex Launches First Uranium Drilling Campaign at Etango North Project in Namibia

January 29, 2026January 29, 2026 Constance

Noronex Begins Uranium Drilling at Etango North in Namibia’s Prime Uranium District Ferrodrill has commenced drilling at Noronex Limited’s Etango North Uranium Project in central Namibia, marking the company’s first uranium-focused drilling campaign in the country and a key step in expanding its presence in Namibia’s hard-rock uranium district. Noronex appointed Ferrodrill on 22 January to undertake a reverse circulation drilling program on Exclusive Prospecting Licence 6776. The well-established Namibian contractor will execute the maiden subsurface testing of multiple high-priority uranium targets. The program is the first designed to test… Read More Here

International Copper New Mining Projects

Koryx Copper Brings Namibian Investors into Haib Project Through Targeted Sidecar Financing

January 29, 2026January 29, 2026 Constance

Koryx Copper Raises C$5m Sidecar Placement to Expand Namibian Ownership of Haib Copper Project Koryx Copper has deliberately structured its latest capital raising to enable Namibian investors to take a direct ownership position in the Haib Copper Project, using a targeted sidecar placement alongside its recently completed C$46 million bought-deal financing. The company announced that it has closed a C$5 million (approximately N$68 million) non-brokered sidecar private placement, which was taken up predominantly by Namibian institutional and retail investors. Shares under the sidecar placement were issued at C$2.45 each, on… Read More Here

International Lithium New Mining Projects

Andrada Mining Confirms High Grade Lithium System at Lithium Ridge Project in Namibia

January 29, 2026January 29, 2026 Constance

Andrada Mining Identifies Surface Lithium Grades Above 4% Li₂O at Lithium Ridge in Namibia Andrada Mining has identified multiple surface samples grading above 4% lithium oxide, with a peak value of 4.67% Li₂O, at its Lithium Ridge project in Namibia. The results confirm the presence of a high-grade lithium system as exploration drilling continues to advance. The AIM-listed tin producer said extensive geological mapping and grab sampling across the Lithium Ridge licence area, conducted in partnership with Sociedad Química y Minera de Chile SA through its subsidiary SQM Australia, delivered… Read More Here

Copper Corporate News International

FQM Considers Sale of Çayeli Mine to Bolster Balance Sheet

January 29, 2026January 29, 2026 Constance

First Quantum Minerals Explores Sale of Turkey’s Çayeli Copper-Zinc Mine Amid Balance Sheet Pressures First Quantum Minerals Ltd. is considering the sale of its copper and zinc mine in Turkey as part of efforts to strengthen its balance sheet, according to people familiar with the matter. The Canadian mining company initiated a sales process earlier this month for the Çayeli mine, one of Turkey’s largest underground mining operations. The sources, who requested anonymity due to the confidential nature of the discussions, said the asset is valued at approximately $400 million.… Read More Here

International Copper Exploration New Mining Projects

Ivanhoe Electric and SQM Partner to Hunt for Hidden Copper in Chile’s Atacama Desert

January 28, 2026January 28, 2026 Constance

Ivanhoe Electric Teams Up With SQM to Explore for Copper Using Advanced Geophysics in Northern Chile Ivanhoe Electric (NYSE-A, TSX: IE) has entered into a strategic partnership with Chilean lithium producer Sociedad Química y Minera de Chile (SQM) to explore for copper across parts of the Atacama Desert in northern Chile, one of the world’s most prolific mineral regions. Under the agreement, the companies will deploy Ivanhoe Electric’s proprietary Typhoon geophysical surveying system, supported by data inversion software from Computational Geosciences Inc. (CGI). The technology will be used to search… Read More Here

Mining Equipment Corporate News International

Sandvik Beats Profit Forecasts on Strong Mining Demand

January 28, 2026January 28, 2026 Constance

Sandvik Reports Strong Q4 Core Profit as Mining Activity and Metal Prices Lift Demand Swedish mining equipment and metal-cutting tool maker Sandvik reported a slightly stronger-than-expected fourth-quarter core profit on Tuesday and proposed a higher dividend, supported by rising mining activity and stronger commodity prices. Operating profit before amortization and items affecting comparability rose 1% year-on-year to 6.37 billion Swedish crowns ($712.5 million), exceeding the average analyst forecast of 6.22 billion crowns, according to an LSEG poll. The result was driven by 12% organic sales growth during the quarter. “The… Read More Here