International - Copperbelt Katanga Mining

Lucara Awards Key Lateral Development Contract for Botswana’s Karowe Underground Project 1

Lucara Diamond Corp Selects Group R for Major Lateral Development Works at Karowe Underground Mine in Botswana Canada-headquartered Lucara Diamond Corporation has awarded the lateral development contract for its Karowe Underground Project (UGP) in Botswana to Group R Mining and Exploration Botswana. The contract covers all underground lateral development linking the production and ventilation shafts to the orebody. This includes construction of the extraction level, underground crushing chamber, fine ore bins, pump stations with vertical dams, drilling horizons, workshops, and all necessary connecting infrastructure to advance development toward the kimberlite.… Read More Here

International Corporate News Gold

Barrick Considers IPO of North American Gold Assets Amid Rising Costs and Investor Pressure

December 3, 2025December 3, 2025 Constance

Barrick Mining Weighs IPO of North American Gold Assets as Operational Challenges Mount Barrick Mining (TSX: ABX; NYSE: GOLD) is considering an initial public offering (IPO) of its North American gold assets as the company confronts rising costs and a series of operational setbacks. In a statement, the board said it has unanimously authorized management to explore the creation and listing of a new subsidiary that would house key North American operations. Barrick would retain control of the proposed company, while listing only a small minority interest. The unit would… Read More Here

International Corporate News Mining Personality

Zijin Mining Founder Chen Jinghe Steps Down After Decades of Transformative Growth

December 3, 2025December 3, 2025 Constance

After Reaching $100B Valuation, Zijin Mining Founder Chen Jinghe Hands Over Leadership Zijin Mining Group Co. founder Chen Jinghe will step down as chairman after guiding the company for decades and elevating it into one of the world’s leading metals producers. According to a Saturday exchange filing, the 68-year-old executive chose not to seek re-nomination to the board, citing age and family considerations. He will transition into the role of honorary chairman and senior consultant. The Fujian-based company has not yet named his successor. Under Chen’s leadership, Zijin grew from… Read More Here

International Gold

Angola’s First Gold Refinery Nears Completion, Testing Phase Set for December

December 1, 2025December 1, 2025 Constance

Endiama Confirms December Testing for Angola’s First Gold Refinery Endiama has announced that Angola’s first gold refinery—currently under construction in the Viana Industrial Park—is expected to begin its testing phase in the second half of December. The projection was shared this Thursday during a site visit by the company’s Chairman of the Board of Directors (PCA). According to an official statement accessed by VerAngola, the visit confirmed that the project is in its final stage of construction. The main building structure is already complete, and teams are now installing the… Read More Here

Corporate News Diamond International Mining Personality

Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM

November 30, 2025December 1, 2025 Constance

Petra Diamonds Appoints Permanent Joint CEOs and Strengthens Board Following Annual Meeting London-listed Petra Diamonds has announced a refreshed leadership structure and several board changes following its Annual General Meeting held on November 27. The company confirmed the appointment of Vivek Gadodia and Juan Kemp as permanent joint CEOs, solidifying the roles they have held in an interim capacity since February. Under the new structure, Gadodia will continue to lead Petra’s corporate functions, while Kemp will oversee operational activities across the business. Shareholders also approved the appointment of Kushal Kumar… Read More Here

International Copper Corporate News

Panama Set to Release Early Audit Findings on Cobre Panama Mine as Govt Weighs Next Steps

November 30, 2025November 30, 2025 Constance

Cobre Panama Audit Nears First Report: Final Review Due February to Decide Fate of First Quantum’s Mine Panama may release the preliminary findings of its comprehensive audit of First Quantum Minerals’ Cobre Panama copper mine as early as next week, with the final report scheduled for completion by the end of February. The results are expected to guide the government’s decision on the future of the long-stalled operation. The independent assessment, conducted by SGS Panama Control Services, covers environmental compliance, legal and labour obligations, tax issues, operational procedures and potential… Read More Here

Gold International News in Brief

Zimbabwe Raises Gold Royalties to Capitalize on Record High Bullion Prices

November 30, 2025November 30, 2025 Constance

Zimbabwe Introduces 10% Gold Royalty as Prices Stay Above $4,000 an Ounce Zimbabwe is set to increase royalties on gold producers as part of its strategy to benefit from historically high global gold prices, according to the 2026 national budget presented on Thursday. Under the revised revenue measures, gold miners will be required to pay a 10% royalty when bullion prices exceed USD 2,501 per ounce. The adjustment forms part of broader efforts to strengthen government revenues and provide greater support to local industry. Although gold prices have eased by… Read More Here

International Copper

Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates

November 28, 2025November 28, 2025 Constance

UBS Predicts Copper at $13,000/Ton by 2026 Amid Supply Disruptions and Soaring Green Energy Demand According to new projections from UBS, copper prices could surge to $13,000 per ton by December 2026, driven by a dual shock: persistent disruptions in global mining operations and an unprecedented rise in demand fueled by the worldwide energy transition. A chart published by Mining Visuals shows a steady upward trend: $11,500 in March 2026, $12,000 in June, $12,500 in September, and a peak of $13,000 by year’s end. This continuous rise reflects growing pressure… Read More Here

International

Zimbabwe to Enforce Stricter Environmental Regulations in Mining Sector

November 28, 2025November 28, 2025 Constance

Zimbabwe Launches Responsible Mining Initiative Part 2 with Tougher Penalties for Environmental Violations Zimbabwe is set to implement one of its strictest enforcement regimes for the mining sector, with companies facing the loss of licences if they fail to meet environmental standards. The new phase of the Responsible Mining Initiative, dubbed Part 2, was announced by Mines and Mining Development Minister Winston Chitando. It will impose legally binding penalties on firms that neglect land rehabilitation or breach ecological regulations. In an interview Chitando emphasized that the framework is designed to… Read More Here

International Oil & Gas

Angola Inaugurates $4 Billion Gas Processing Plant in Soyo to Boost Energy Diversification

November 28, 2025November 28, 2025 Constance

Angola Launches $4 Billion Soyo Gas Plant to Strengthen LNG Production and Industrial Growth Angolan President João Lourenço has inaugurated a $4 billion gas processing plant in Soyo, marking a major step in the country’s strategy to diversify its energy sector beyond crude oil. The project positions Angola to become a key player in Africa’s natural gas and liquefied natural gas (LNG) markets. Developed by the Novo Consórcio de Gás (NCG), the facility has the capacity to process 400 million cubic feet of gas per day from Angola’s first standalone… Read More Here