International - Copperbelt Katanga Mining

Barrick Mining Weighs Major Breakup as Board Considers Splitting Global Operations 1

Barrick Gold Considers Breaking Up Company: Possible Split of North American and African–Asian Assets The board of Barrick Mining, one of the world’s largest gold producers, is exploring a plan to split the company into two separate entities—one focused on North America and the other on Africa and Asia—according to four sources familiar with internal discussions. The potential restructuring could also involve the sale of Barrick’s African portfolio and the Reko Diq copper-gold project in Pakistan, once financing arrangements for the latter are secured, the sources told Reuters. In Mali,… Read More Here

International Copper Corporate News

Ivanhoe Electric Secures $200 Million Bridge Loan to Advance Santa Cruz Copper Mine

November 16, 2025November 16, 2025 Constance

Ivanhoe Electric Secures Major Financing Boost as Santa Cruz Copper Project Advances Toward 2026 Construction Ivanhoe Electric (NYSE-A, TSX: IE) has secured a $200 million bridge loan from a syndicate of major international banks, strengthening its financing plan for the development of what could become the next major U.S. copper mine. In a statement on Thursday, the company announced that National Bank Capital Markets, Société Générale, and BMO Capital Markets are backing the loan, which Ivanhoe describes as “an important component” of the funding strategy for its Santa Cruz copper… Read More Here

International New Mining Projects Uranium

ReeXploration Discovers Promising Uranium Target at Eureka Project in Namibia

November 14, 2025November 14, 2025 Constance

ReeXploration Identifies High-Grade Uranium Prospect Along Namibia’s “Alaskite Alley” Canadian-listed ReeXploration Inc. has identified a significant new uranium exploration target at its Eureka Project in the Erongo mining district, confirming the area’s potential to host Rössing-style uranium mineralisation along Namibia’s renowned “Alaskite Alley.” The discovery lies immediately southwest of the Eureka Dome, where the company already holds a defined rare earth element (REE) resource. Airborne surveys and fieldwork revealed a 6.5 by 3.5-kilometre zone of high uranium and low thorium radiometric response, a classic indicator of leucogranite-hosted uranium systems. Uranium… Read More Here

International Battery Metals

US Adds 10 Minerals to Critical List to Boost Domestic Production and Security

November 14, 2025November 14, 2025 Constance

US Designates Copper, Metallurgical Coal, and 8 More Minerals as Critical for Economy and National Security The Trump administration has added 10 minerals to the United States’ official list of materials deemed critical for the economy and national security, including copper and metallurgical coal, according to a Reuters report. The Department of the Interior’s critical minerals list guides federal investment and permitting decisions while shaping the government’s broader mineral strategy. The expansion aims to increase domestic mining output and reduce reliance on imports, particularly from China. The critical minerals list… Read More Here

International Corporate News Gold

Shanta Gold Uncovers $5.28 Billion Underground Gold Deposits in Western Kenya

November 14, 2025November 14, 2025 Constance

$5.28 Billion Gold Reserves Discovered in Western Kenya’s Lirhanda Corridor, Boosting Mining Investment A British mining company, Shanta Gold Kenya Limited, announced on Wednesday the discovery of extensive underground gold deposits in Kakamega County, western Kenya, estimated to be worth more than $5.28 billion (Sh683 billion). Officials have described the find as a historic milestone for Kenya’s mineral sector. The discovery was made in the Lirhanda Corridor, a 1,200-kilometer mineral belt spanning Kakamega and Vihiga counties, following years of intensive exploration and drilling. “The project aims to secure the necessary… Read More Here

Corporate News Gold International

Barrick Mining Boosts Dividends and Launches Operational Review Amid Record Free Cash Flow

November 14, 2025November 14, 2025 Constance

Barrick Mining Reports $1.5B Free Cash Flow, Increases Dividend and Launches Nevada-Pueblo Viejo Operational Review Barrick Mining has used the first quarter following the unexpected resignation of CEO Mark Bristow to announce an operational review and measures to return capital to shareholders, supported by record free cash flow. The company reported $1.5 billion in free cash flow for the three-month period, driven by soaring gold prices that hit all-time highs in US dollars. In response, Barrick increased its base dividend and expanded its share buyback program. “This strong cash flow… Read More Here

International

Ghana Scraps VAT on Mineral Exploration to Revitalise Mining Investment

November 14, 2025November 14, 2025 Constance

Ghana Abolishes 15% VAT on Mineral Exploration to Attract New Mining Investment in 2026 Budget Ghana will eliminate value-added tax (VAT) on mineral exploration and reconnaissance activities to stimulate new investment in its mining sector, Finance Minister Cassiel Ato Forson announced during the presentation of the 2026 national budget. The move is part of the country’s broader effort to revive a sector that has struggled to attract significant greenfield projects for more than two decades. The 15% VAT was introduced 25 years ago as part of wider fiscal reforms and… Read More Here

Corporate News Gold International

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices

November 11, 2025November 11, 2025 Constance

Barrick Gold Reports Record $2.4 Billion Cash Flow and $1.3 Billion Profit in Q3 2025 as Gold Output Rises Barrick Gold Corporation reported record quarterly cash flow and earnings for the third quarter of 2025, fueled by higher gold production, lower operating costs, and robust commodity prices. The world’s second-largest gold miner said operating cash flow surged 82% from the previous quarter to $2.4 billion, while free cash flow jumped 274% to $1.5 billion. Net earnings climbed to $1.3 billion, or $0.76 per share, with adjusted earnings up 23% to… Read More Here

Mining Personality Corporate News Diamond International

De Beers Appoints Kevin Smith as Interim COO Following Burger Greeff’s Retirement

November 8, 2025November 8, 2025 Constance

De Beers Names Kevin Smith Interim COO as Veteran Executive Burger Greeff Retires De Beers has appointed Kevin Smith, currently Executive VP of Corporate Affairs & Strategy, as interim Chief Operating Officer (COO), effective 1 December 2025. He succeeds Burger Greeff, who is retiring after 30 years with the group. “As COO, Burger has brought integrity, strategic foresight, and unwavering commitment to our purpose. His contributions have helped shape our operations and inspired many across the business,” said CEO Al Cook. “With Burger’s departure, I am delighted that Kevin Smith,… Read More Here

International Copper Corporate News

Anglo Asian Mining Secures Trafigura Contract for Demirli Copper Mine Concentrates

November 8, 2025November 8, 2025 Constance

Anglo Asian Mining Signs Trafigura Deal and Receives Licenses for Demirli Copper Mine Operations Anglo Asian Mining has secured a sales contract with global commodities trader Trafigura for concentrates produced at its newly commissioned Demirli copper mine in Karabakh, Azerbaijan. The contract includes a revolving prepayment facility of up to $25 million, with the first sale scheduled for mid-November 2025, the company confirmed. Production Milestones and Copper Strategy The Demirli mine, commissioned in July 2025, is forecast to produce 4,000 tonnes of copper concentrate this year, with production expected to… Read More Here