International - Copperbelt Katanga Mining

Andrada Mining Advances Namibia Expansion with New Funding and Strong Lithium Drill Results 1

Andrada Mining Secures Namibia Funding for Uis Expansion as Lithium Ridge Drilling Delivers High-Grade Results Aim-listed Andrada Mining has secured conditional strategic funding of N$98 million (approximately £4.4 million) to support expansion and operational upgrades at its Uis tin mine in Namibia, while also reporting encouraging drilling results from its Lithium Ridge project. The funding package will be provided through 10-year loan facilities arranged by Namibian institutions Bank Windhoek and Development Bank of Namibia. The financing, allocated to Andrada subsidiary Uis Tin Mining Company (UTMC), consists of two equal tranches… Read More Here

International Economy

Zimbabwe’s Mining Sector Set for Major Job Boom Amid Rising Global Mineral Demand

May 25, 2026May 25, 2026 Constance0 comment

Zimbabwe Mining Industry Expected to Create 100,000 Jobs as Lithium and Gold Investments Surge Zimbabwe’s mining industry is preparing for one of its largest recruitment drives in recent years, with the sector expected to create up to 100,000 new jobs over the next five years as investment flows into gold, lithium, platinum, and chrome projects. The expansion comes amid rising global demand for strategic minerals used in electric vehicles, energy storage systems, and industrial manufacturing, positioning Zimbabwe as a key player in the global resource market. According to The Herald,… Read More Here

International Corporate News

Trafigura Withdraws Major Copper Volumes from LME as Global Arbitrage Drives US and China Demand

May 23, 2026May 23, 2026 Constance0 comment

Trafigura Pulls 51,000 Tons of Copper from LME Warehouses as US–China Price Gap Sparks Record Arbitrage Trade Global commodities trader Trafigura Group has initiated the withdrawal of hundreds of millions of dollars’ worth of copper from London Metal Exchange (LME) warehouses, capitalising on widening price disparities between markets in the United States, China, and Europe. According to market participants familiar with the transactions, Trafigura was the principal party behind orders to remove more than 51,000 tonnes of copper from LME storage facilities across the US and Asia on Friday. The… Read More Here

International Events & Expos

Mining Indaba 2027 to Focus on Turning African Mining Partnerships Into Action

May 20, 2026May 20, 2026 Constance0 comment

Mining Indaba 2027 to Drive Investment, Policy and Mining Partnerships Across Africa Preparations are underway for the 2027 edition of the Investing in African Mining Indaba, with organizers placing renewed emphasis on transforming partnerships across the mining sector into concrete investment, policy, and project outcomes. The event will take place in Cape Town, South Africa, from February 8 to 11, 2027, under the theme: “Stronger Together: Partnerships in Practice.” According to Gwede Mantashe, the annual gathering has become a critical platform for advancing collaboration and unlocking investment opportunities across Africa’s… Read More Here

International Copper Corporate News Economy

FQM Highlights $3.5 Billion Economic Loss From Cobre Panamá Suspension

May 20, 2026May 20, 2026 Constance0 comment

Cobre Panamá Mine Closure Costs Panama Billions, First Quantum Says First Quantum Minerals (TSX: FM) says the suspension of its Cobre Panamá copper mine has cost Panama an estimated $3.5 billion in lost economic contribution over the past two years, highlighting the growing financial impact of the prolonged shutdown. In its 2025 Tax Transparency and Economic Contributions Report, the Canadian mining company said it contributed $4.1 billion across its operating jurisdictions last year, bringing its total direct economic contribution to governments over the past eight years to $9.6 billion. Zambia… Read More Here

International Copper Corporate News New Mining Projects

Ivanhoe Electric to Deploy Advanced Tunnel Boring Machine at Arizona Copper Project

May 15, 2026May 15, 2026 Constance0 comment

Ivanhoe Electric invests $64.7m in tunnel boring technology for Santa Cruz copper project development in Arizona US minerals exploration company Ivanhoe Electric plans to acquire a purpose-built Crossover XRE tunnel boring machine (TBM) and integrated materials handling system for development of the Santa Cruz copper project in Arizona, at a cost of approximately $64.7 million. The equipment will be supplied by US tunnelling technology company The Robbins Company, which recently repurchased the machine from Anglo American. The TBM was previously used at Anglo American’s Grosvenor coal mine in Queensland, Australia,… Read More Here

International Corporate News Mining Personality

Rio Tinto Appoints BP Executive Trudi Charles as Chief Legal, Governance and Corporate Affairs Officer

May 15, 2026May 15, 2026 Constance0 comment

Rio Tinto names Trudi Charles from BP as new chief legal officer to strengthen governance and corporate affairs leadership Diversified mining group Rio Tinto has appointed Trudi Charles as its new Chief Legal, Governance and Corporate Affairs Officer, succeeding Isabelle Deschamps. The appointment will take effect on August 1. Charles joins Rio Tinto from energy major BP, where she currently serves as Deputy General Counsel and Senior Vice President for Legal, Supply, Trading and Shipping. She has spent more than two decades at BP, holding a range of senior legal… Read More Here

International

Ghana Mining Industry Warns Lease Uncertainty Could Undermine Investment and Production Stability

May 15, 2026May 15, 2026 Constance0 comment

Ghana mining sector faces investor confidence risks over lease revocations and delayed renewals, industry warns Ghana’s mining investment environment is facing growing risks from lease revocations, delayed renewals, and broader policy uncertainty, which could increase operational costs and weaken investor confidence, according to the head of the country’s mining industry association. Kenneth Ashigbey, Chief Executive Officer of the Ghana Chamber of Mines, told Reuters that recent regulatory developments are raising concerns about the security of mining tenure in the country. He pointed to the revocation of certain mining leases held… Read More Here

International Corporate News Mining Personality

Chile Appoints New Codelco Chairman as Govt Orders Audit Into Production and Financial Irregularities

May 15, 2026May 15, 2026 Constance0 comment

Chile replaces Codelco chairman and launches audit amid copper production and financial concerns at world’s largest copper producer Chile’s government has appointed Bernardo Fontaine to replace Máximo Pacheco as chairman of Codelco, the world’s largest copper producer, marking a significant leadership change as the administration of newly inaugurated President José Antonio Kast intensifies scrutiny of the company’s debt levels, cost overruns, and production performance. Fontaine, an economist and corporate executive, will assume the role on May 26, coinciding with the end of Pacheco’s four-year term. The government also appointed Luz… Read More Here

International

Ramaphosa Visits Richards Bay Minerals to Highlight Mining Sector’s Economic Impact

May 15, 2026May 15, 2026 Constance0 comment

President Cyril Ramaphosa Tours Richards Bay Minerals Operations in KwaZulu-Natal Cyril Ramaphosa visited the Rio Tinto-owned Richards Bay Minerals (RBM) mining operations in KwaZulu-Natal on Thursday, underscoring the mine’s significant contribution to employment, industrial development and economic growth in South Africa. During his visit to the Richards Bay site, President Ramaphosa toured the mining facilities and engaged with employees as part of ongoing discussions on the role of the mining industry in supporting local communities and strengthening the national economy. The President was welcomed by Werner Duvenhage, Managing Director of… Read More Here