MPOPO Gold Targets 200 Kilograms of Annual Gold Production in Angola 1 International Corporate News Gold 

MPOPO Gold Targets 200 Kilograms of Annual Gold Production in Angola

Angolan gold producer MPOPO Gold is stepping up efforts to expand production, with the company targeting annual output of between 150 and 200 kilograms of gold under its 2027–2028 strategic plan. The strategy includes completing the second phase of its industrial processing plant, updating its geological model, strengthening mine planning and introducing measures to improve production recovery. The company also plans to intensify efforts to combat illegal mining in its areas of operation. The plans were presented by Adalgisa Adolfo, head of MPOPO Gold’s Technical Geology Department, during the 13th… Read More Here
Trafigura Holds Large LME Zinc Stocks as Prices Reach Four-Year High 2 International Corporate News Zinc 

Trafigura Holds Large LME Zinc Stocks as Prices Reach Four-Year High

LME Zinc Prices Hit Four-Year High as Trafigura Holds Large Exchange Stocks Zinc prices on the London Metal Exchange (LME) have climbed to their highest level in four years, supported by tightening inventories and expectations of stronger demand, while trading company Trafigura holds a significant share of the metal stored in LME warehouses. LME zinc prices recently rose to around $3,500 a tonne, reaching their highest level since 2022. The rally reflects growing concerns over available stocks as consumers and traders monitor supply conditions. More than half of the zinc… Read More Here
US and China Turn to Deep-Sea Mining as Africa’s Critical Minerals Face New Competition 3 International Battery Metals Cobalt Copper 

US and China Turn to Deep-Sea Mining as Africa’s Critical Minerals Face New Competition

US and China Deep-Sea Mining Push Could Reshape Africa’s Critical Minerals Investment The United States and China are intensifying efforts to access critical minerals from the deep ocean, opening a new frontier in the global race for resources used in batteries, clean-energy technologies, electronics and defence. Deep-seabed deposits are estimated to contain mineral resources potentially worth up to $16 trillion, including copper, cobalt, nickel, manganese, zinc, silver, gold and rare earth elements. Key deposits include polymetallic nodules, polymetallic sulphides and ferromanganese crusts. The growing focus on seabed resources comes as… Read More Here
Mali’s Gold Production Rises 30% in First Half of 2026 4 International Gold 

Mali’s Gold Production Rises 30% in First Half of 2026

Mali Gold Output Reaches 23.5 Tonnes in H1 2026, Beating Government Forecast Mali’s industrial gold production increased by about 30% in the first half of 2026, reaching 23.5 tonnes and exceeding the government’s forecast for the period. Data from Mali’s Mines Ministry shows that production between January and June rose from approximately 18 tonnes during the same period in 2025 to 23.5 tonnes this year. The figure was also above the government’s forecast of 21.2 tonnes. The stronger-than-expected performance puts Mali on course to meet or potentially exceed its full-year… Read More Here
AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization 5 Events & Expos International Sponsored Content 

AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization

As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase. Governments are moving beyond requirements for local employment and procurement toward building domestic industrial capacity and strengthening digital compliance while maintaining an investment environment capable of delivering competitive returns for international partners. Developments across Mozambique, Namibia, Nigeria, Ghana, Angola and other African markets reflect this shift. African Energy Week (AEW) 2026, scheduled for October 12 –… Read More Here
Copper Falls to US$13,981 as Rising LME Stocks Ease Supply Tightness 6 Copper International 

Copper Falls to US$13,981 as Rising LME Stocks Ease Supply Tightness

Copper Price Falls to US$13,981 as Rising LME Stocks Ease Supply Concerns Copper prices came under renewed pressure on Thursday, with three-month copper on the London Metal Exchange (LME) falling 0.5% to US$13,981 per tonne as rising warehouse inventories eased concerns over near-term physical supply. The decline followed a 0.5% gain the previous day and came as additional copper entered LME-approved warehouses. However, a weaker US dollar helped limit the decline by making dollar-denominated commodities relatively cheaper for buyers using other currencies. LME copper inventories have recovered rapidly after falling… Read More Here
Chilean Cobalt Secures $375 Million US EXIM Financing Interest for Chile Projects 7 International Cobalt Copper Corporate News 

Chilean Cobalt Secures $375 Million US EXIM Financing Interest for Chile Projects

hilean Cobalt Secures $375 Million US EXIM Bank Financing Interest for Chile Copper-Cobalt Project Chilean Cobalt Corporation has received a new non-binding Letter of Interest (LOI) from the Export-Import Bank of the United States (US EXIM) for potential debt financing of up to $375 million to support development of its La Cobaltera and El Cofre cobalt-copper projects in northern Chile. The new financing indication is higher than the company’s previous $317 million LOI from US EXIM, which has since expired. Chilean Cobalt submitted a new application based on an updated… Read More Here
Arc Minerals Selects Drilling Contractor for Botswana’s Virgo Copper Project 8 International Copper Corporate News Drilling Exploration 

Arc Minerals Selects Drilling Contractor for Botswana’s Virgo Copper Project

Arc Minerals Selects Drilling Contractor for 6,000m-Plus Botswana Copper Exploration Programme Arc Minerals has selected G D E Botswana Drilling & Exploration, also known as Global Drill, to undertake a major diamond drilling programme at its Virgo copper project in Botswana’s Kalahari Copper Belt (KCB). The programme will target high-priority areas within licence PL135/2017, located in the Zone 5 corridor, with drilling expected to exceed 6,000 metres. Drilling to test high-priority targets The phased programme will investigate approximately 14 kilometres of the D’kar-Ngwako Pan Formation contact, identified through a recent… Read More Here
South Korea Secures Glencore Copper Supply Through $1 Billion Financing Deal 9 International Copper Corporate News 

South Korea Secures Glencore Copper Supply Through $1 Billion Financing Deal

South Korea Offers Glencore $1 Billion Loan in Deal to Secure Long-Term Copper Supplies South Korea is strengthening its access to copper through a $1 billion financing agreement with Glencore, linking government-backed funding to long-term supplies of the critical metal for Korean companies. The deal comes as competition for copper intensifies globally, with demand rising from electric vehicles, renewable energy, power infrastructure, data centres and artificial intelligence technologies. South Korea, whose industrial economy depends heavily on imported raw materials, is seeking to secure reliable supplies amid growing concerns over future… Read More Here
Epiroc Expands African Mining Aftermarket Business with Eventspec Acquisition 10 International Mergers & Acquisitions Mining Equipment 

Epiroc Expands African Mining Aftermarket Business with Eventspec Acquisition

Epiroc Acquires South African Mining Aftermarket Specialist Eventspec to Strengthen African Operations Swedish mining equipment and services company Epiroc has completed the acquisition of South African mining aftermarket specialist Eventspec, strengthening its manufacturing and service capabilities in one of Africa’s largest mining markets. Johannesburg-based Eventspec manufactures replacement parts for drill rigs, mine trucks and loaders, while also providing equipment rebuilds, repairs and maintenance services. The company has around 125 employees and generated approximately R280 million in revenue in 2025. The acquisition, initially announced in March 2026, has now been completed… Read More Here

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