Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM 1 Corporate News Diamond International Mining Personality 

Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM

Petra Diamonds Appoints Permanent Joint CEOs and Strengthens Board Following Annual Meeting London-listed Petra Diamonds has announced a refreshed leadership structure and several board changes following its Annual General Meeting held on November 27. The company confirmed the appointment of Vivek Gadodia and Juan Kemp as permanent joint CEOs, solidifying the roles they have held in an interim capacity since February. Under the new structure, Gadodia will continue to lead Petra’s corporate functions, while Kemp will oversee operational activities across the business. Shareholders also approved the appointment of Kushal Kumar… Read More Here
Panama Set to Release Early Audit Findings on Cobre Panama Mine as Govt Weighs Next Steps 2 International Copper Corporate News 

Panama Set to Release Early Audit Findings on Cobre Panama Mine as Govt Weighs Next Steps

Cobre Panama Audit Nears First Report: Final Review Due February to Decide Fate of First Quantum’s Mine Panama may release the preliminary findings of its comprehensive audit of First Quantum Minerals’ Cobre Panama copper mine as early as next week, with the final report scheduled for completion by the end of February. The results are expected to guide the government’s decision on the future of the long-stalled operation. The independent assessment, conducted by SGS Panama Control Services, covers environmental compliance, legal and labour obligations, tax issues, operational procedures and potential… Read More Here
Zimbabwe Raises Gold Royalties to Capitalize on Record High Bullion Prices 3 Gold International News in Brief 

Zimbabwe Raises Gold Royalties to Capitalize on Record High Bullion Prices

Zimbabwe Introduces 10% Gold Royalty as Prices Stay Above $4,000 an Ounce Zimbabwe is set to increase royalties on gold producers as part of its strategy to benefit from historically high global gold prices, according to the 2026 national budget presented on Thursday. Under the revised revenue measures, gold miners will be required to pay a 10% royalty when bullion prices exceed USD 2,501 per ounce. The adjustment forms part of broader efforts to strengthen government revenues and provide greater support to local industry. Although gold prices have eased by… Read More Here
Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates 4 International Copper 

Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates

UBS Predicts Copper at $13,000/Ton by 2026 Amid Supply Disruptions and Soaring Green Energy Demand According to new projections from UBS, copper prices could surge to $13,000 per ton by December 2026, driven by a dual shock: persistent disruptions in global mining operations and an unprecedented rise in demand fueled by the worldwide energy transition. A chart published by Mining Visuals shows a steady upward trend: $11,500 in March 2026, $12,000 in June, $12,500 in September, and a peak of $13,000 by year’s end. This continuous rise reflects growing pressure… Read More Here
Zimbabwe to Enforce Stricter Environmental Regulations in Mining Sector 5 International 

Zimbabwe to Enforce Stricter Environmental Regulations in Mining Sector

Zimbabwe Launches Responsible Mining Initiative Part 2 with Tougher Penalties for Environmental Violations Zimbabwe is set to implement one of its strictest enforcement regimes for the mining sector, with companies facing the loss of licences if they fail to meet environmental standards. The new phase of the Responsible Mining Initiative, dubbed Part 2, was announced by Mines and Mining Development Minister Winston Chitando. It will impose legally binding penalties on firms that neglect land rehabilitation or breach ecological regulations. In an interview Chitando emphasized that the framework is designed to… Read More Here
Angola Inaugurates $4 Billion Gas Processing Plant in Soyo to Boost Energy Diversification 6 International Oil & Gas 

Angola Inaugurates $4 Billion Gas Processing Plant in Soyo to Boost Energy Diversification

Angola Launches $4 Billion Soyo Gas Plant to Strengthen LNG Production and Industrial Growth Angolan President João Lourenço has inaugurated a $4 billion gas processing plant in Soyo, marking a major step in the country’s strategy to diversify its energy sector beyond crude oil. The project positions Angola to become a key player in Africa’s natural gas and liquefied natural gas (LNG) markets. Developed by the Novo Consórcio de Gás (NCG), the facility has the capacity to process 400 million cubic feet of gas per day from Angola’s first standalone… Read More Here
Angola Completes First 100 km of EN-250, Linking Luau and Luacano Along the Lobito Corridor 7 Transport and Logistics Infrastructural Development International 

Angola Completes First 100 km of EN-250, Linking Luau and Luacano Along the Lobito Corridor

Luau and Luacano Connected by Road for the First Time After EN-250 Paving Luacano – The municipalities of Luau and Luacano, located in Angola’s newly established Moxico Leste province, are now connected by road for the first time following the completion of nearly 100 kilometers of asphalt on National Road (EN) 250. EN 250 forms part of the strategic Lobito Corridor, linking the provinces of Moxico Leste, Moxico, Bié, Huambo and Benguela. The road is considered vital to national and regional development, supporting key infrastructure such as the Benguela Railway… Read More Here
Kimberley Process Fails Again to Expand Definition of Conflict Diamonds 8 International Diamond 

Kimberley Process Fails Again to Expand Definition of Conflict Diamonds

Kimberley Process Stalls for Third Year Over Conflict Diamond Reform Amid Global Criticism The Kimberley Process (KP) has, for the third consecutive year, failed to agree on an expanded definition of conflict diamonds following a five-day plenary in Dubai. Delegates from 86 member countries attended with hopes that long-delayed reforms would finally move forward. Pressure to modernize the conflict diamond definition has grown since Russia’s invasion of Ukraine in 2022, and media reports suggested negotiators were nearing a breakthrough. Feriel Zerouki, president of the World Diamond Council (WDC), opened the… Read More Here
Barrick Confirms Commitment to $7B Reko Diq Copper Project in Pakistan 9 International Copper Corporate News Gold New Mining Projects 

Barrick Confirms Commitment to $7B Reko Diq Copper Project in Pakistan

Barrick Reaffirms Support for Reko Diq Copper Mine Amid Speculation of Asset Sale Barrick Mining has reiterated its commitment to the Reko Diq copper mine in Pakistan, one of the world’s largest undeveloped copper deposits, following media reports suggesting the company might consider a withdrawal. The $7-billion project, located in the remote and insurgency-affected western province of Balochistan, is a 50-50 joint venture between Barrick and Pakistani authorities. It is expected to begin production by the end of 2028. Reports this month cited sources familiar with Barrick’s internal discussions, suggesting… Read More Here
Copper Mark and SSI Partner to Strengthen Responsible Copper Sourcing for the Solar Industry 10 Copper International 

Copper Mark and SSI Partner to Strengthen Responsible Copper Sourcing for the Solar Industry

Copper Mark–SSI Agreement Aims to Boost Responsible Copper Production for Growing Solar Supply Chain The Copper Mark and the Solar Stewardship Initiative (SSI) have signed a memorandum of understanding (MoU) to advance responsible copper production and sourcing across the global solar energy value chain. Announced on November 27, the partnership reflects copper’s crucial role in solar energy generation and transmission. As renewable energy demand accelerates, the need for coordinated action among mining, processing and manufacturing stakeholders has become increasingly urgent. The agreement aims to link upstream and downstream assurance systems… Read More Here

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