International - Copperbelt Katanga Mining

Ghana Scraps VAT on Mineral Exploration to Revitalise Mining Investment 1

Ghana Abolishes 15% VAT on Mineral Exploration to Attract New Mining Investment in 2026 Budget Ghana will eliminate value-added tax (VAT) on mineral exploration and reconnaissance activities to stimulate new investment in its mining sector, Finance Minister Cassiel Ato Forson announced during the presentation of the 2026 national budget. The move is part of the country’s broader effort to revive a sector that has struggled to attract significant greenfield projects for more than two decades. The 15% VAT was introduced 25 years ago as part of wider fiscal reforms and… Read More Here

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices

November 11, 2025November 11, 2025 Constance

Barrick Gold Reports Record $2.4 Billion Cash Flow and $1.3 Billion Profit in Q3 2025 as Gold Output Rises Barrick Gold Corporation reported record quarterly cash flow and earnings for the third quarter of 2025, fueled by higher gold production, lower operating costs, and robust commodity prices. The world’s second-largest gold miner said operating cash flow surged 82% from the previous quarter to $2.4 billion, while free cash flow jumped 274% to $1.5 billion. Net earnings climbed to $1.3 billion, or $0.76 per share, with adjusted earnings up 23% to… Read More Here

Mining Personality Corporate News Diamond International

De Beers Appoints Kevin Smith as Interim COO Following Burger Greeff’s Retirement

November 8, 2025November 8, 2025 Constance

De Beers Names Kevin Smith Interim COO as Veteran Executive Burger Greeff Retires De Beers has appointed Kevin Smith, currently Executive VP of Corporate Affairs & Strategy, as interim Chief Operating Officer (COO), effective 1 December 2025. He succeeds Burger Greeff, who is retiring after 30 years with the group. “As COO, Burger has brought integrity, strategic foresight, and unwavering commitment to our purpose. His contributions have helped shape our operations and inspired many across the business,” said CEO Al Cook. “With Burger’s departure, I am delighted that Kevin Smith,… Read More Here

International Copper Corporate News

Anglo Asian Mining Secures Trafigura Contract for Demirli Copper Mine Concentrates

November 8, 2025November 8, 2025 Constance

Anglo Asian Mining Signs Trafigura Deal and Receives Licenses for Demirli Copper Mine Operations Anglo Asian Mining has secured a sales contract with global commodities trader Trafigura for concentrates produced at its newly commissioned Demirli copper mine in Karabakh, Azerbaijan. The contract includes a revolving prepayment facility of up to $25 million, with the first sale scheduled for mid-November 2025, the company confirmed. Production Milestones and Copper Strategy The Demirli mine, commissioned in July 2025, is forecast to produce 4,000 tonnes of copper concentrate this year, with production expected to… Read More Here

Corporate News International

Glencore Considers Horne Smelter Future Amid Rising Environmental and Operational Costs

November 8, 2025November 8, 2025 Constance

Glencore Reviews Horne Smelter Operations in Canada Due to Environmental Upgrades and Costs Glencore is reportedly evaluating the future of its Horne Smelter, Canada’s largest copper-metal producing facility, citing high environmental upgrade costs and operational expenses. The Swiss commodities giant operates both the Horne Smelter and the Canadian Copper Refinery (CCR) in Quebec, where Horne processes copper concentrates into anodes, which are then refined into cathodes at CCR. Industry sources estimate the combined annual output exceeds 300,000 tonnes, much of which is exported to the United States, a major net… Read More Here

Lithium Battery Metals International

Kodal Minerals Confirms Bougouni Lithium Mine Operations Stable Amid Mali Security Concerns

November 8, 2025November 8, 2025 Constance

Kodal Minerals Maintains Lithium Production at Bougouni Mine Despite Rising Security Tensions Near Bamako Kodal Minerals, a West Africa-focused mining company, has confirmed that operations at its Bougouni lithium mine in southern Mali remain unaffected despite escalating security tensions near the capital, Bamako. The London-listed company stated that mining activities at Bougouni, approximately 180 km from Bamako, continue as normal. Over the weekend, al Qaeda-linked militants advanced toward the capital, cutting off roads, ambushing military patrols, and attacking tanker trucks. The Malian military junta, backed by Russian partners, is struggling… Read More Here

Diamond Corporate News International

Botswana and Angola Explore Joint Bid for De Beers Amid Diamond Industry Shake-Up

November 8, 2025November 8, 2025 Constance

Botswana and Angola Meet to Discuss Cooperation on De Beers Sale as Africa’s Diamond Market Shifts Botswana and Angola held high-level talks in Gaborone, Botswana, as both countries position themselves to gain control of De Beers, the diamond unit that Anglo American is selling as part of a corporate restructuring. Botswana’s Mines Minister Bogolo Joy Kenewendo and Angola’s Mineral Resources Minister Diamantino Pedro Azevedo met privately for approximately 40 minutes before making brief comments to the press. They confirmed discussions focused on diamond sector cooperation, energy, and logistics, though specific… Read More Here

International

Chinese-Backed R2.5 Billion Steel Plant Set to Boost South Africa’s Long-Steel Production

November 7, 2025November 7, 2025 Constance

New R2.5 Billion Chinese-Funded Steel Mill Near Nigel Targets 600,000 Tonnes Annual Production Amid South Africa Market Challenges A new steel plant being developed by Chung Fung Metal near Nigel, Gauteng, has received backing from Chinese investors and is valued at approximately R2.5 billion. The facility is designed to produce around 600,000 tonnes of long-steel products annually, using modern electric-arc-furnace (EAF) technology. The project comes at a challenging time for South Africa’s steel industry, which has faced multiple plant closures, high production costs, import competition, and weak domestic demand. Despite… Read More Here

International Corporate News Oil & Gas Press Release

IRH, Delfin LNG and Vitol Forge 20-Year LNG Sale and Purchase Agreement

November 7, 2025November 7, 2025 Constance

International Resources Holding RSC Ltd. (IRH), a leading mine-to-market platform and subsidiary of ePointZero, has signed a 20-year Heads of Agreement (HoA) with Delfin LNG LLC (Delfin) and Vitol Inc. (Vitol) for the purchase and sale of 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Delfin’s export facility in the United States. Under the agreement, Delfin LNG, a leading U.S.-based export infrastructure company, will supply LNG on a free-on-board (FOB) basis to Vitol, one of the world’s largest independent energy traders, which will act as the… Read More Here

International Corporate News Gold

Newmont Reportedly Exploring Takeover of Barrick’s Nevada Gold Mines

November 7, 2025November 7, 2025 Constance

Newmont Weighs Bid for Barrick’s Nevada Gold Mines in Potential Industry-Shaping Deal Newmont Corporation, the world’s largest gold producer, is reportedly exploring a potential deal to acquire full control of Barrick Gold’s Nevada operations, according to Bloomberg. The move could mark one of the most significant gold-sector transactions in years, potentially reshaping the balance of power within the global mining industry. Why It Matters The Nevada Gold Mines (NGM) complex — the world’s largest gold mining operation is currently a joint venture between Barrick Gold Corporation (which operates and holds… Read More Here