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Category: International

Epiroc Secures $12 Million Order from Asante Gold for Chirano Mine in Ghana 1 International Corporate News Gold 

Epiroc Secures $12 Million Order from Asante Gold for Chirano Mine in Ghana

Constance
Epiroc Wins Major $12 Million Mining Equipment Contract from Asante Gold for Chirano Mine in Ghana Mining and infrastructure productivity partner Epiroc has secured a significant order for advanced mining equipment and digital solutions from Asante Gold Corporation, a Canadian mining company operating the Chirano gold mine in southwestern Ghana. The order, valued at approximately SEK 115 million (US$12 million), includes a fleet of underground mining trucks, loaders, face drilling rigs, and production drilling rigs designed to enhance productivity and safety at Chirano — a combined open-pit and underground operation.… Read More Here
Mercuria Metals Division Reports $300 Million Trading Profit Amid Market Volatility 2 International Corporate News 

Mercuria Metals Division Reports $300 Million Trading Profit Amid Market Volatility

Constance
Mercuria Metals Trading Surges $300M as Firm Expands Beyond Oil and Gas Mercuria Energy Group Ltd. has recorded approximately $300 million in trading profits so far this year through its metals division, signaling a strong return to the sector after years focused on oil and gas. The figures, reported to Bloomberg by sources familiar with the matter, include realized profits and mark-to-market gains on unsettled positions and contracts for the remainder of the year. Mercuria declined to comment on the numbers. Expansion and Team Growth The metals division was established… Read More Here
Rwanda Delivers First Tungsten Shipment to the U.S., Marking a New Era in Critical Mineral Cooperation 3 International 

Rwanda Delivers First Tungsten Shipment to the U.S., Marking a New Era in Critical Mineral Cooperation

Constance
U.S. Receives First-Ever Tungsten Shipment from Rwanda as Washington Diversifies Critical Mineral Supply Chains The United States has received its first-ever shipment of tungsten concentrate from Rwanda, marking a significant milestone in Washington’s efforts to diversify supply chains for critical minerals vital to advanced technologies and clean energy production. The shipment, sourced from the Trinity Nyakabingo Mine in Rwanda, was delivered to Global Tungsten and Powders (GTP) in Towanda, Pennsylvania. The deal is part of a commercial partnership among Trinity Metals, GTP, and Traxys, finalized in August 2024. Senior officials,… Read More Here
Peru’s Mining Concessions at Crossroads as Lawmakers Weigh Changes 4 International 

Peru’s Mining Concessions at Crossroads as Lawmakers Weigh Changes

Constance
Peru Mining Concessions Under Threat: Lawmakers Push Changes Amid Illegal Mining Surge Peru’s large-scale mining sector is increasingly concerned that lawmakers may alter the country’s rules on mineral rights, as Congress prepares to debate a proposed law that could favour small-scale operators. As the world’s third-largest copper producer and South America’s leading gold exporter, Peru grants long-term concessions allowing major miners such as BHP Group, Glencore, and Anglo American to explore extensive territories for decades before production begins. These concessions are a cornerstone of Peru’s mining industry. Changes to them… Read More Here
Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China 5 International Corporate News Mining Equipment 

Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China

Constance
Fortescue Signs Landmark Deal with XCMG for 200 Battery-Electric Haul Trucks to Advance Net-Zero Mining Fortescue, the global iron-ore giant, has placed China’s largest-ever export order for green mining equipment, signing a supply agreement with XCMG Machinery for 150 to 200 battery-electric haul trucks. The 240-tonne vehicles will make up nearly half of Fortescue’s future heavy-haul fleet and will be deployed at its Pilbara iron-ore operations in Western Australia. The move marks a major step toward the company’s ambitious goal of eliminating fossil fuels from all land-based operations by 2030.… Read More Here
Kavango Resources Lists on VFEX, Boosting Zimbabwe’s Mining and Investment Prospects 6 International Corporate News 

Kavango Resources Lists on VFEX, Boosting Zimbabwe’s Mining and Investment Prospects

Constance
Kavango Resources Joins Victoria Falls Stock Exchange, Driving Investor Confidence in Zimbabwe’s Mining Sector Metals exploration and gold production company Kavango Resources has officially listed on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe, becoming the 17th company to join the exchange, which is celebrating its fifth year of operation. Speaking at the listing ceremony on September 26, VFEX chairperson and nonexecutive director Caroline Sandura highlighted that Kavango’s entry marked a new chapter in building a modern, competitive financial marketplace in Zimbabwe. She noted that the market had already shown… Read More Here
Japan Gold and Barrick Mining End Strategic Alliance After Five Years of Exploration 7 International Corporate News Gold 

Japan Gold and Barrick Mining End Strategic Alliance After Five Years of Exploration

Constance
Japan Gold Ends Partnership with Barrick Mining After C$23 Million Investment and Plans New Exploration Strategy The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX, NYSE: GOLD) will officially end on October 31, 2025, after more than five years of collaboration and C$23 million (US$17 million) in exploration spending. Announced by Vancouver-based Japan Gold, the decision to terminate the partnership was mutual. Established in February 2020, the alliance aimed to explore, develop, and mine mineral properties in Japan with the potential to host Tier 1 or… Read More Here
Mali’s Gold Output Plummets Amid Dispute with Barrick Gold and Policy Shifts 8 Gold International 

Mali’s Gold Output Plummets Amid Dispute with Barrick Gold and Policy Shifts

Constance
Mali Gold Production Falls 32% in 2025 Due to Barrick Gold Dispute and Regulatory Changes Mali, one of Africa’s largest gold producers, has experienced a sharp decline in gold production following significant policy changes and ongoing disputes with foreign mining companies. A recent Mines Ministry report revealed that industrial gold output in the junta-led West African nation fell by 32% year-on-year, amounting to a loss of 26.2 tons of gold by the end of August 2025. An unnamed ministry official told Reuters that production was 22.5% below the government’s projection… Read More Here
Barrick Announces Leadership Transition 9 International Corporate News Gold Mining Personality 

Barrick Announces Leadership Transition

Constance
Mark Hill Appointed Group COO and Interim President & CEO Search Underway to Identify Successor President & CEO TORONTO – Barrick Mining Corporation (NYSE:B)(TSX:ABX) (“Barrick” or the “Company”) today announced that the Company’s Board of Directors (the “Board”) has appointed Mark Hill as Group COO and Interim President and Chief Executive Officer, effective immediately, following the departure of Mark Bristow. Mark Hill, who is currently responsible for Barrick’s Latam and Asia Pacific regions, is a seasoned mining executive with 30 years of experience. He joined Barrick in 2006 and has… Read More Here
Zijin Mining Becomes World’s Third-Largest Mining Company with $103 Billion Valuation 10 International Corporate News 

Zijin Mining Becomes World’s Third-Largest Mining Company with $103 Billion Valuation

Constance
Zijin Mining Surpasses $100 Billion Market Cap to Become Third-Largest Global Miner in 2025 China’s Zijin Mining Group (HKG: 2899) has achieved a historic milestone, becoming the world’s third-largest mining company by market value after surpassing $100 billion for the first time at Thursday’s close. This achievement places Zijin alongside global industry leaders BHP (ASX: BHP) and Rio Tinto (ASX: RIO), which closed Thursday with market capitalizations of A$212 billion ($140 billion) and A$169 billion ($111 billion) respectively. On Thursday, Zijin’s Shanghai-listed shares hit a record high, lifting its market… Read More Here

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