BHP Secures First Environmental Approval for $14.7 Billion Escondida Copper Expansion 1 International Copper Corporate News New Mining Projects 

BHP Secures First Environmental Approval for $14.7 Billion Escondida Copper Expansion

BHP Wins Environmental Approval to Begin Major Expansion of Chile’s Escondida Copper Mine BHP Group has secured its first major environmental approval for the expansion of the Escondida copper mine in Chile, allowing the company to begin early-stage work on a broader investment programme worth up to $14.7-billion. Chile’s Antofagasta Environmental Assessment Commission approved initial works covering sulphide leaching activities and electricity infrastructure upgrades, a BHP spokesperson confirmed. The first phase of the expansion is expected to cost about $1.3-billion and will be followed by further upgrades to mining and… Read More Here
Andrada Mining Reports Strong Quarter as Tin Production Rises and Namibia Projects Advance 2 International Corporate News Lithium Tin 

Andrada Mining Reports Strong Quarter as Tin Production Rises and Namibia Projects Advance

Andrada Mining Boosts Tin Production and Advances Lithium and Tungsten Projects in Namibia Aim-listed Andrada Mining has reported a strong first quarter ended May 31, with increased tin production at its Uis mine, positive exploration results at Lithium Ridge and further development progress across its Namibian portfolio. At the Uis tin mine in Namibia, quarterly tin production increased by 20% to 286 tonnes, while tin concentrate production rose by 16% to 473 tonnes. The company attributed the improvement to ongoing processing plant upgrades and improved mining performance. Andrada CEO Anthony… Read More Here
Cobre Records Positive Cash Flow at Chile Copper Project as Turnaround Plan Gains Momentum 3 International Copper 

Cobre Records Positive Cash Flow at Chile Copper Project as Turnaround Plan Gains Momentum

Cobre’s Sierra Atacama Copper Project Generates Positive Cash Flow After Operational Turnaround in Chile ASX-listed copper producer Cobre has achieved positive operating cash flow at its Sierra Atacama copper project in Chile, just two months after taking operational control of the mine. The company reported operating cash flow of $644,000 (A$900,000) in April and $601,000 (A$860,000) in May, following the implementation of a turnaround programme focused on improving production performance and reducing costs. Cobre took control of the operation at the end of March and has since introduced measures targeting… Read More Here
Lobito Corridor Railway Secures $753 Million Financing to Boost Regional Trade Links 4 Transport and Logistics Angola International 

Lobito Corridor Railway Secures $753 Million Financing to Boost Regional Trade Links

Angola’s Lobito Corridor Railway Project Reaches $753 Million Financial Close to Expand African Trade Connectivity The Lobito Corridor railway project in Angola has reached financial close after securing $753 million in funding, marking a major milestone for one of Africa’s most important regional transport infrastructure initiatives. The financing will support the rehabilitation, upgrade and long-term operation of the 1,300-kilometre railway corridor linking the Port of Lobito in Angola to the border with the Democratic Republic of Congo (DRC). The project is operated by Lobito Atlantic Railway (LAR), a joint venture… Read More Here
Caterpillar Acquires Skycatch to Expand AI-Powered Mining Technology Platform 5 International Corporate News Equipment & Technology Mining technology 

Caterpillar Acquires Skycatch to Expand AI-Powered Mining Technology Platform

Caterpillar Buys Skycatch to Boost AI, Digital Twin and Automation Capabilities in Mining Operations Caterpillar Inc. has acquired mining technology company Skycatch as part of its strategy to expand digital solutions, artificial intelligence capabilities and real-time data tools for mining operations. The terms of the transaction were not disclosed. The acquisition follows Caterpillar’s recent purchase of RPMGlobal and strengthens its portfolio of mining technologies designed to improve operational efficiency, optimise material movement and support both conventional and autonomous mining fleets. Skycatch specialises in capturing and processing high-resolution spatial data using… Read More Here
Tyranna Resources Sells Namibe Lithium Project to Sinomine for $1.44 Million 6 International Battery Metals Corporate News Lithium 

Tyranna Resources Sells Namibe Lithium Project to Sinomine for $1.44 Million

Tyranna Resources Divests Angola Lithium Project to Sinomine, Redirecting Funds to Chinguar Gold Development Australian-listed Tyranna Resources has agreed to sell its interest in the Namibe lithium and caesium project in southern Angola to Sinomine Resource Group for $1.44 million, allowing the company to focus on new exploration opportunities in Angola. The transaction involves the sale of Tyranna subsidiary Angolan Minerals’ 90% interest in AM Mauritius, the holding company for the Namibe project, to Sinomine Resource (Guangdong Hengqin) Supply Chain Co, a subsidiary of Sinomine Resource Group. The deal remains… Read More Here
De Beers Cuts Diamond Prices Sharply as Industry Crisis Forces Market Reset 7 International Corporate News Diamond 

De Beers Cuts Diamond Prices Sharply as Industry Crisis Forces Market Reset

De Beers Reduces Diamond Prices in Major Shift as Weak Demand and Lab-Grown Stones Pressure Market De Beers has introduced some of its largest official diamond price reductions in years, marking a significant shift in strategy as the company responds to prolonged weakness in the global diamond market. The price cuts come during the company’s first sales cycle after reducing the number of its selected diamond buyers, known as sightholders. The move is part of a broader effort to strengthen relationships with key customers amid challenging market conditions. The diamond… Read More Here
Anglo American Advances Copper Exploration in Angola’s Moxico Leste Province 8 International Copper Exploration New Mining Projects 

Anglo American Advances Copper Exploration in Angola’s Moxico Leste Province

Anglo American Presents Copper Prospecting Project in Angola’s Cazombo Salient Amid Regional Copper Belt Expansion Anglo American has presented a copper prospecting project in Angola’s Cazombo Salient, highlighting new opportunities for the country’s mining sector. The presentation took place on Tuesday in the commune of Calunda, in the municipality of Muconda, Moxico Leste province, and was disclosed by the Ministry of Mineral Resources, Petroleum and Gas in a statement. According to the ministry, Anglo American Angola introduced the Copper Prospecting Project in the Cazombo Salient as a strategic initiative aimed… Read More Here
Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million 9 International Cobalt Copper Corporate News New Mining Projects 

Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here
Gemfields Announces CEO Departure Amid Ruby Mine Production and Security Challenges 10 Mining Personality Corporate News Gemstones International 

Gemfields Announces CEO Departure Amid Ruby Mine Production and Security Challenges

Gemfields CEO Sean Gilbertson Steps Down as Mozambique Ruby Mine Faces Production Challenges Gemfields has announced that Chief Executive Officer Sean Gilbertson will step down from his role and as a director of the company on July 15, 2026, by mutual agreement with the board. Chief Financial Officer David Lovett has been appointed interim CEO while retaining his current responsibilities. Nonexecutive Chairperson Bruce Cleaver will provide additional support to the executive team as the board begins the search for a permanent successor. The company thanked Gilbertson for his leadership and… Read More Here

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