International - Copperbelt Katanga Mining

Barrick Mining Expands Executive Committee with Two Senior Appointments

February 26, 2026February 26, 2026 Constance

Barrick Mining Appoints Chief Legal and Global Affairs Officers to Strengthen Government and Policy Strategy Barrick Mining Corporation (NYSE: B; TSX: ABX) has strengthened its leadership team with the appointment of two new members to its executive committee, reinforcing its focus on government engagement and public policy as strategic priorities. The Toronto-based gold and copper producer announced the appointment of James J. McGuire as Chief Legal and Policy Officer and Woo Lee as Chief Global Affairs Officer. The company said the changes underscore its commitment to enhancing institutional capabilities that… Read More Here

Technology & Innovation International

Artificial Intelligence Could Reduce Drilling by a Factor of Five – Jef Caers, Stanford University Expert

February 25, 2026February 25, 2026 Constance

Stanford professor and WMC 2026 Program Committee member says mining must adopt “intelligent agents” to transform decision-making under uncertainty in exploration, mining and processing of critical minerals. Artificial intelligence applied to mineral exploration could reduce drilling by a factor of five, generating substantial savings in time and capital while enabling more informed go-or-no-go decisions. This was the key message delivered by Jef Caers, Professor of Earth and Planetary Sciences at Stanford University, one of the world’s leading experts in applied geosciences and decision-making under uncertainty, during a webinar held as… Read More Here

International Copper Corporate News

Rio Tinto Reaffirms Organic Copper Growth Strategy After Glencore Talks Collapse

February 22, 2026February 22, 2026 Constance

Rio Tinto Prioritises Shareholder Value as Glencore Merger Talks End, Highlights Oyu Tolgoi Copper Growth and $650m Cost-Cut Plan After merger discussions with diversified miner and trader Glencore failed to reach agreement on valuation, diversified mining major Rio Tinto has underscored that its copper growth strategy is being delivered organically. Speaking during a results call, CEO Simon Trott confirmed that discussions covered the “full perimeter” of Glencore’s business. However, negotiations ultimately stalled over valuation concerns. “We went under the hood with a singular focus on whether we could create value… Read More Here

International Copper Gold New Mining Projects

FQM’s Taca Taca Project Doubles in Value on Higher Reserves and Stronger Copper, Gold Prices

February 22, 2026February 22, 2026 Constance

First Quantum’s Taca Taca Copper-Gold Project in Argentina Posts $5.9B NPV as Reserves and Prices Lift Valuation A new technical report on First Quantum Minerals’ Taca Taca copper-gold project in northwest Argentina shows the asset’s value has more than doubled in five years, supported by increased reserves and stronger long-term copper and gold price assumptions. Under an 8% discount rate and base-case prices of $4.50 per lb. copper and $3,000 per oz. gold, Taca Taca carries an after-tax net present value (NPV) of $5.92 billion and an internal rate of… Read More Here

Gold International

Ghana Hits Record 6 Million Ounces of Gold in 2025 Amid Royalty Reform Debate

February 16, 2026February 16, 2026 Constance

Ghana Gold Output Reaches Record 6 Million Ounces in 2025 as Royalty Overhaul Raises Industry Concerns Ghana produced a record six million ounces of gold in 2025, according to provisional industry data, cementing its position as Africa’s top gold producer. Figures released by the Ghana Chamber of Mines show that large-scale mining operations delivered 2.9 million ounces, unchanged from the previous year. The bulk of growth came from artisanal and small scale mining (ASM), which rose to approximately 3.1 million ounces, buoyed by strong bullion prices and sector reforms. 2026… Read More Here

Diamond International

Okavango Diamond Company Expands Contract Sales to Stabilise Revenues

February 16, 2026February 16, 2026 Constance

Botswana’s Okavango Diamond Company Targets 50% Contract Sales to Navigate Weak Diamond Market Botswana’s state-owned Okavango Diamond Company (ODC) plans to increase the proportion of rough diamonds sold through long-term contracts in response to a depressed global diamond market, Acting Managing Director Lipalese Makepe said on Wednesday. Contract sales offer greater predictability than auctions and tenders, which are highly competitive and can result in price volatility. The shift comes amid surplus supply, weakening consumer demand and the growing popularity of lab grown diamonds, all of which have pressured rough diamond… Read More Here

International

Africa Urged to Harness $29.5 Trillion in Mineral Wealth for Industrial Growth

February 16, 2026February 16, 2026 Constance

Africa Holds $29.5 Trillion in Minerals but Must Boost Processing and Infrastructure to Capture Value Africa holds an estimated US$29.5 trillion in mine-site mineral value, representing roughly 20% of global mineral wealth, yet the continent captures only a small fraction of the economic benefits, according to a new study by the Africa Finance Corporation (AFC). The report, launched at the Mining Indaba in Cape Town, reveals that US$8.6 trillion of this value remains untapped due to limited geological data, uneven exploration, and transparency gaps that heighten investment risk. AFC emphasizes… Read More Here

International Corporate News News in Brief Safety & Health

Fatal Incident at SimFer Project Halts Operations in Guinea

February 15, 2026February 15, 2026 Constance

Contractor Fatality at Rio Tinto’s SimFer Iron Ore Project Suspends Operations in Guinea A contract worker died on Saturday following an incident at the SimFer iron ore project in Nzérékoré, Guinea, according to a statement issued by Rio Tinto. The company did not disclose specific details regarding the circumstances of the incident. All operations at the SimFer site have been suspended pending further review. The temporary shutdown is intended to ensure site safety and support the ongoing investigation. Rio Tinto confirmed that an internal investigation is underway to determine the… Read More Here

International Corporate News Gold

Mali Renews Barrick’s Loulo-Gounkoto Gold Mining Permit for 10 Years After Resolving Dispute

February 15, 2026February 15, 2026 Constance

Mali Extends Barrick’s Loulo-Gounkoto Gold Mining Permit by 10 Years Following Settlement Agreement Mali’s government has approved a draft decree to renew the gold mining permit for the Loulo-Gounkoto complex, operated by Barrick Gold, for an additional 10 years. The announcement was made in an official statement issued Friday by the country’s military leadership. Mali, one of Africa’s largest gold producers, finalized a settlement with Barrick in November after nearly two years of negotiations. The dispute stemmed from Mali’s 2023 mining code reforms, which increased taxes and expanded the state’s… Read More Here

International Corporate News Mergers & Acquisitions

Sandvik to Acquire ThoroughTec Simulation to Expand Mining Training Solutions

February 15, 2026February 15, 2026 Constance

Sandvik Acquires South Africa’s ThoroughTec to Strengthen Digital Mining and Operator Training Capabilities Sandvik has announced the acquisition of South Africa-based ThoroughTec Simulation, a specialist in advanced mining equipment simulators and training management systems. The company will be integrated into Sandvik’s Parts and Services division within its Mining business area. The transaction, expected to close in the second quarter of 2026 subject to customary regulatory approvals, will enhance Sandvik’s digital mining ecosystem and aftermarket service offering. The purchase price was not disclosed. Strengthening Operator Training and Safety ThoroughTec develops OEM-agnostic… Read More Here