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Category: International

Angola Completes First 100 km of EN-250, Linking Luau and Luacano Along the Lobito Corridor 1 Transport and Logistics Infrastructural Development International 

Angola Completes First 100 km of EN-250, Linking Luau and Luacano Along the Lobito Corridor

Constance
Luau and Luacano Connected by Road for the First Time After EN-250 Paving Luacano – The municipalities of Luau and Luacano, located in Angola’s newly established Moxico Leste province, are now connected by road for the first time following the completion of nearly 100 kilometers of asphalt on National Road (EN) 250. EN 250 forms part of the strategic Lobito Corridor, linking the provinces of Moxico Leste, Moxico, Bié, Huambo and Benguela. The road is considered vital to national and regional development, supporting key infrastructure such as the Benguela Railway… Read More Here
Kimberley Process Fails Again to Expand Definition of Conflict Diamonds 2 International Diamond 

Kimberley Process Fails Again to Expand Definition of Conflict Diamonds

Constance
Kimberley Process Stalls for Third Year Over Conflict Diamond Reform Amid Global Criticism The Kimberley Process (KP) has, for the third consecutive year, failed to agree on an expanded definition of conflict diamonds following a five-day plenary in Dubai. Delegates from 86 member countries attended with hopes that long-delayed reforms would finally move forward. Pressure to modernize the conflict diamond definition has grown since Russia’s invasion of Ukraine in 2022, and media reports suggested negotiators were nearing a breakthrough. Feriel Zerouki, president of the World Diamond Council (WDC), opened the… Read More Here
Barrick Confirms Commitment to $7B Reko Diq Copper Project in Pakistan 3 International Copper Corporate News Gold New Mining Projects 

Barrick Confirms Commitment to $7B Reko Diq Copper Project in Pakistan

Constance
Barrick Reaffirms Support for Reko Diq Copper Mine Amid Speculation of Asset Sale Barrick Mining has reiterated its commitment to the Reko Diq copper mine in Pakistan, one of the world’s largest undeveloped copper deposits, following media reports suggesting the company might consider a withdrawal. The $7-billion project, located in the remote and insurgency-affected western province of Balochistan, is a 50-50 joint venture between Barrick and Pakistani authorities. It is expected to begin production by the end of 2028. Reports this month cited sources familiar with Barrick’s internal discussions, suggesting… Read More Here
Copper Mark and SSI Partner to Strengthen Responsible Copper Sourcing for the Solar Industry 4 Copper International 

Copper Mark and SSI Partner to Strengthen Responsible Copper Sourcing for the Solar Industry

Constance
Copper Mark–SSI Agreement Aims to Boost Responsible Copper Production for Growing Solar Supply Chain The Copper Mark and the Solar Stewardship Initiative (SSI) have signed a memorandum of understanding (MoU) to advance responsible copper production and sourcing across the global solar energy value chain. Announced on November 27, the partnership reflects copper’s crucial role in solar energy generation and transmission. As renewable energy demand accelerates, the need for coordinated action among mining, processing and manufacturing stakeholders has become increasingly urgent. The agreement aims to link upstream and downstream assurance systems… Read More Here
Global Copper Crunch Set to Deepen in 2026 as Supply Struggles to Keep Pace 5 Copper International 

Global Copper Crunch Set to Deepen in 2026 as Supply Struggles to Keep Pace

Constance
Copper Supply Deficit to Hit 500,000 Tons in 2026, Driving Prices to New Highs, Mercuria Warns A tightening squeeze in global copper markets is expected to intensify next year, driving prices for both copper concentrate and refined metal to new highs, according to Mercuria’s head of metals research, Nicholas Snowdon. Snowdon — a prominent copper bull at the Geneva-based commodity trading firm — said the global copper concentrate market will face a deficit of roughly 500,000 tons in 2026, mirroring the shortfall anticipated for 2025. Concentrate is the raw material… Read More Here
Loreto Silva Named Lead Independent Director at Barrick Mining 6 Mining Personality Gold International News in Brief 

Loreto Silva Named Lead Independent Director at Barrick Mining

Constance
Barrick Appoints Loreto Silva to Strengthen Board Leadership After Ben van Beurden’s Exit Global mining, exploration and development company Barrick Mining Corporation has appointed Loreto Silva as its new lead independent director, succeeding Ben van Beurden, who has stepped down from the board. Barrick chairperson John Thornton thanked van Beurden for his service and welcomed Silva to her new role. “I would like to thank Ben for his contribution to Barrick and welcome Loreto to the role of lead independent director. The Barrick board remains focused on delivering long-term value… Read More Here
Andrada Mining Delivers Strong Operational Gains and Advances Expansion Strategy 7 International Corporate News 

Andrada Mining Delivers Strong Operational Gains and Advances Expansion Strategy

Constance
Andrada Mining Posts Higher Production, Stronger Revenue and Lower Losses in H1 FY2026 Aim- and OTCQB-listed Andrada Mining has reported stronger operational and financial results for the six months ended August 31, highlighted by higher metal production, increased revenue and a reduced operating loss for the first half of its 2026 financial year. The company said the improved performance reflects the benefits of sustained capital investment and ongoing processing enhancements across its asset portfolio. Andrada processed 527 583 t of ore, a 10% increase compared with the 481 504 t… Read More Here
MMG Positions Itself as a Global Leader in the Low-Carbon Mining Future 8 Corporate News International 

MMG Positions Itself as a Global Leader in the Low-Carbon Mining Future

Constance
MMG Accelerates Global Growth Strategy to Lead in Low-Carbon Metals Supply As global momentum toward decarbonization accelerates, MMG is positioning itself as a leading international mining company committed to supporting a low-carbon future. The company’s strategy supported by substantial capital investment focuses on portfolio expansion, maximizing asset value, and driving strong economic and social progress across its operations. MMG’s growth plan is built on a dual approach: “Grow the Core and Step Out.” This means strengthening its existing asset base while diversifying into future-facing commodities that will shape the next… Read More Here
Vedanta to Expand Mining Investments in Saudi Arabia Amid Vision 2030 Push 9 International Copper Corporate News Gold 

Vedanta to Expand Mining Investments in Saudi Arabia Amid Vision 2030 Push

Constance
Vedanta Plans $2 Billion Investment in Saudi Copper and Gold Mines as Kingdom Aims to Become Mining Hub Vedanta Ltd. is set to increase its investments in Saudi Arabia as the Indian conglomerate bets on the kingdom’s ambitions to become a global metals and mining hub under its Vision 2030 economic transformation plan. The company plans to begin copper and gold exploration in western Saudi Arabia within six to eight months, marking its first official foray into mineral extraction in the country. Vedanta received a formal license on Tuesday, alongside… Read More Here
South Africa and EU Strengthen Ties with Critical Minerals Pact Ahead of G20 Summit 10 International 

South Africa and EU Strengthen Ties with Critical Minerals Pact Ahead of G20 Summit

Constance
South Africa and EU Sign Critical Minerals Agreement, Pledge to Defend Multilateralism Before G20 South Africa and the European Union reaffirmed their commitment to defending multilateralism on Thursday as they signed a new partnership on critical minerals ahead of the G20 summit. South Africa is hosting this year’s G20 gathering, despite a boycott by its most influential member. President Cyril Ramaphosa noted, however, that the United States is now considering participation in some capacity. Analysts say any U.S. absence or obstruction could create an opening for South Africa to deepen… Read More Here

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