International - Copperbelt Katanga Mining

Vedanta Names Arun Misra CEO as First-Quarter Profit Surges

July 30, 2026July 30, 2026 Constance0 comment

Vedanta Appoints Arun Misra as CEO as Q1 Profit Jumps 72% on Strong Metal Prices Indian metals and mining conglomerate Vedanta has appointed Arun Misra as chief executive officer for a one-year term starting August 1, 2026, as the company reported a sharp increase in first-quarter profit driven by stronger metal prices. Misra, who currently heads Vedanta subsidiary Hindustan Zinc, will take over as CEO as the group benefits from favourable market conditions across its metals portfolio. Vedanta reported consolidated net profit of 54.73 billion Indian rupees ($572.4 million) for… Read More Here

International Diamond Economy

African Diamond Producers Struggle to Recover as Market Pressures Persist

July 30, 2026July 30, 2026 Constance0 comment

African Diamond Miners Face Continued Market Pressure in First Half of 2026 Africa’s diamond industry continued to face challenging market conditions in the first half of 2026, with major producers in Botswana, South Africa, Namibia and Lesotho struggling to achieve a sustained recovery in natural diamond demand. Financial results released during the period point to continued pressure across the industry, driven by weaker prices, economic uncertainty and growing competition from laboratory-grown diamonds. In South Africa, Petra Diamonds reported a 45% quarter-on-quarter decline in diamond revenue during the fourth quarter of… Read More Here

International Transport and Logistics

Lobito Port Handles 931,000 Tonnes of Cargo as Regional Trade Gains Momentum

July 29, 2026July 29, 2026 Constance0 comment

Lobito Port Moves 931,000 Tonnes of Cargo in First Half of 2026, Strengthening Angola’s Regional Trade Role The Port of Lobito handled 931,000 tonnes of cargo during the first half of 2026, highlighting its growing importance as a strategic logistics gateway for Angola and the wider region. During the period, the port received 177 vessels, with the volume of cargo handled reflecting continued activity across Angola’s maritime and logistics sectors. The performance comes as the Lobito Corridor gains increasing attention as a key trade route connecting mineral-producing areas in the… Read More Here

International Gold Lithium

Zimbabwe’s Mining Strategy Drives Record Mineral Revenue

July 29, 2026July 29, 2026 Constance0 comment

Zimbabwe Mining Revenue Hits Record $25 Billion as Government Pushes Investment and Growth Zimbabwe’s mining sector is delivering record revenues as the government’s push to attract investment and expand mineral production begins to generate stronger returns. The country’s mining industry has become a key driver of economic growth, supported by increased investment in gold, lithium, platinum-group metals, chrome and other mineral resources. The government has been pursuing an aggressive strategy to expand the mining sector by encouraging new investment, supporting existing operations and promoting the development of mineral resources that… Read More Here

Copper Corporate News International

Glencore Copper Production Jumps 15% in First Half as African Operations Boost Output

July 29, 2026July 29, 2026 Constance0 comment

Glencore Copper Production Rises 15% in H1 as African Mines Lift Output, Cobalt Falls 46% Global mining and commodities company Glencore increased copper production by 15% in the first half of the year, supported by higher grades at key operations in Africa and at its Antamina mine in Peru. The Swiss-based miner produced 397,000 tonnes of copper during the six months, up from 343,900 tonnes in the same period of 2025. Glencore attributed the increase primarily to improved copper grades at its African operations and Antamina, strengthening its production performance… Read More Here

International Battery Metals Corporate News Lithium

Andrada Extends Lithium Ridge Mineralised Trend to 9km in Namibia

July 29, 2026July 29, 2026 Constance0 comment

Andrada Mining Extends Namibia’s Lithium Ridge Mineralisation to 9km, Identifies High-Grade Lithium, Tin and Tantalum Aim-listed Andrada Mining has extended the identified surface mineralisation at its Lithium Ridge project in Namibia by 50% to 9 km following the completion of a licence-wide sampling programme. The company said the programme identified high-grade lithium, tin and tantalum anomalies across multiple previously identified pegmatites within the project’s licence area. The results build on earlier findings that confirmed mineralisation along the main Lithium Ridge trend. Several grab samples returned lithium oxide grades above 3.5%,… Read More Here

International Corporate News Gold

Barrick Safely Evacuates Workers Stranded at Chilean Mining Camp After Severe Storms

July 28, 2026July 28, 2026 Constance0 comment

Barrick Safely Evacuates Workers Stranded by Severe Storms in Chile Barrick Mining Corp. has safely evacuated workers who were stranded at its Barriales camp in northern Chile after severe storms blocked road access and disrupted transport routes. The company said all evacuated workers were in good health following rescue operations that began on Friday and resumed early Saturday after weather conditions improved enough to allow helicopter flights. Chile’s Economy and Mining Minister Daniel Mas also confirmed the safe evacuation of the workers in a post on X. Barrick said it… Read More Here

International Electricity Energy

Zimbabwe Set to Add 1,365MW of New Power Capacity by Year-End

July 27, 2026July 27, 2026 Constance0 comment

Zimbabwe Targets 1,365MW Power Capacity Expansion by December to Strengthen Energy Supply Zimbabwe is expected to add 1,365MW of new electricity generation capacity by December as the government intensifies efforts to strengthen energy security and address persistent power shortages. The Zimbabwe Electricity Supply Authority (ZESA) says 635MW of generation projects are currently under construction, while an additional 730MW is planned, subject to financing. The combined capacity is expected to significantly improve the country’s electricity supply and support growing demand from industry and households. The expansion forms part of Zimbabwe’s broader… Read More Here

International Gold

Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms

July 26, 2026July 26, 2026 Constance0 comment

Mali Expects Gold Production to Stay Below 60 Tonnes Annually Through 2029 as Mining Reforms Reshape Sector Mali’s industrial gold production is projected to remain below 60 metric tonnes per year through 2029, according to the Ministry of Mines’ 2026–2029 strategic plan, reflecting the continued impact of sweeping mining reforms and regulatory changes introduced in recent years. The West African nation, one of Africa’s leading gold producers, has strengthened state oversight of the mining industry following the adoption of a new mining code in 2023. The reforms are aimed at… Read More Here

International Coal Corporate News

Jindal Group Invests $160 Million to Build Africa’s First Fully Electric Coal Mine

July 24, 2026July 24, 2026 Constance0 comment

Mozambique Secures $160 Million Investment as Jindal Develops Africa’s First Fully Electric Coal Mine Indian billionaire Sajjan Jindal’s Jindal Group has committed $160 million to transform its Moatize coal mine in Mozambique into Africa’s first fully electric coal mining operation, marking a major step toward more efficient and lower-emission mining on the continent. The investment will fund the development of a 300-megawatt power system to electrify mining operations, coal processing facilities and rail transport infrastructure at the Vulcan-operated mine in Tete Province. Replacing diesel-powered equipment with electric systems is expected… Read More Here