International - Copperbelt Katanga Mining

Glencore Considers Horne Smelter Future Amid Rising Environmental and Operational Costs 1

Glencore Reviews Horne Smelter Operations in Canada Due to Environmental Upgrades and Costs Glencore is reportedly evaluating the future of its Horne Smelter, Canada’s largest copper-metal producing facility, citing high environmental upgrade costs and operational expenses. The Swiss commodities giant operates both the Horne Smelter and the Canadian Copper Refinery (CCR) in Quebec, where Horne processes copper concentrates into anodes, which are then refined into cathodes at CCR. Industry sources estimate the combined annual output exceeds 300,000 tonnes, much of which is exported to the United States, a major net… Read More Here

Kodal Minerals Confirms Bougouni Lithium Mine Operations Stable Amid Mali Security Concerns

November 8, 2025November 8, 2025 Constance

Kodal Minerals Maintains Lithium Production at Bougouni Mine Despite Rising Security Tensions Near Bamako Kodal Minerals, a West Africa-focused mining company, has confirmed that operations at its Bougouni lithium mine in southern Mali remain unaffected despite escalating security tensions near the capital, Bamako. The London-listed company stated that mining activities at Bougouni, approximately 180 km from Bamako, continue as normal. Over the weekend, al Qaeda-linked militants advanced toward the capital, cutting off roads, ambushing military patrols, and attacking tanker trucks. The Malian military junta, backed by Russian partners, is struggling… Read More Here

Diamond Corporate News International

Botswana and Angola Explore Joint Bid for De Beers Amid Diamond Industry Shake-Up

November 8, 2025November 8, 2025 Constance

Botswana and Angola Meet to Discuss Cooperation on De Beers Sale as Africa’s Diamond Market Shifts Botswana and Angola held high-level talks in Gaborone, Botswana, as both countries position themselves to gain control of De Beers, the diamond unit that Anglo American is selling as part of a corporate restructuring. Botswana’s Mines Minister Bogolo Joy Kenewendo and Angola’s Mineral Resources Minister Diamantino Pedro Azevedo met privately for approximately 40 minutes before making brief comments to the press. They confirmed discussions focused on diamond sector cooperation, energy, and logistics, though specific… Read More Here

International

Chinese-Backed R2.5 Billion Steel Plant Set to Boost South Africa’s Long-Steel Production

November 7, 2025November 7, 2025 Constance

New R2.5 Billion Chinese-Funded Steel Mill Near Nigel Targets 600,000 Tonnes Annual Production Amid South Africa Market Challenges A new steel plant being developed by Chung Fung Metal near Nigel, Gauteng, has received backing from Chinese investors and is valued at approximately R2.5 billion. The facility is designed to produce around 600,000 tonnes of long-steel products annually, using modern electric-arc-furnace (EAF) technology. The project comes at a challenging time for South Africa’s steel industry, which has faced multiple plant closures, high production costs, import competition, and weak domestic demand. Despite… Read More Here

International Corporate News Oil & Gas Press Release

IRH, Delfin LNG and Vitol Forge 20-Year LNG Sale and Purchase Agreement

November 7, 2025November 7, 2025 Constance

International Resources Holding RSC Ltd. (IRH), a leading mine-to-market platform and subsidiary of ePointZero, has signed a 20-year Heads of Agreement (HoA) with Delfin LNG LLC (Delfin) and Vitol Inc. (Vitol) for the purchase and sale of 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Delfin’s export facility in the United States. Under the agreement, Delfin LNG, a leading U.S.-based export infrastructure company, will supply LNG on a free-on-board (FOB) basis to Vitol, one of the world’s largest independent energy traders, which will act as the… Read More Here

International Corporate News Gold

Newmont Reportedly Exploring Takeover of Barrick’s Nevada Gold Mines

November 7, 2025November 7, 2025 Constance

Newmont Weighs Bid for Barrick’s Nevada Gold Mines in Potential Industry-Shaping Deal Newmont Corporation, the world’s largest gold producer, is reportedly exploring a potential deal to acquire full control of Barrick Gold’s Nevada operations, according to Bloomberg. The move could mark one of the most significant gold-sector transactions in years, potentially reshaping the balance of power within the global mining industry. Why It Matters The Nevada Gold Mines (NGM) complex — the world’s largest gold mining operation is currently a joint venture between Barrick Gold Corporation (which operates and holds… Read More Here

Corporate News Copper International

Anglo American’s Collahuasi Mine to Resume Full Copper Production by 2027

November 3, 2025November 3, 2025 Constance

Anglo American Expects Collahuasi Copper Output to Return to 600,000 Tons by 2027 Anglo American expects its flagship Collahuasi copper mine in Chile to return to normal output levels in 2027 after a period of lower-quality ore has constrained production and weighed on supply projections for next year. Collahuasi, jointly owned by Anglo American and Glencore (each holding 44%), is projected to produce about 600,000 metric tons of copper in 2027, according to Ruben Fernandes, Anglo American’s COO. The rebound is expected as mining shifts to richer ore areas and… Read More Here

Corporate News Gold International Mining Personality

DRDGOLD Names Henriette Hooijer as New CFO for 2026

November 3, 2025 Constance

DRDGOLD Announces CFO Transition: Riaan Davel to Step Down in 2026, Henriette Hooijer Appointed Successor JSE- and NYSE-listed gold producer DRDGOLD Limited (JSE: DRD) has announced a key leadership transition, confirming that Chief Financial Officer (CFO) and Executive Director Riaan Davel will step down from his roles with effect from 31 January 2026. The company further confirmed that Henriette Hooijer will officially assume the position of CFO from 1 February 2026, marking the next phase in DRDGOLD’s ongoing succession and transformation strategy. Smooth Succession Following Early Planning This announcement follows… Read More Here

International Corporate News Diamond Mergers & Acquisitions

Angola Rules Out State Funding for Endiama’s De Beers Stake Purchase

November 3, 2025November 3, 2025 Constance

Angola Rules Out Using National Budget to Fund Endiama’s Bid for De Beers Stake Angola will not use public funds to finance state-owned diamond company Endiama’s proposed acquisition of a stake in De Beers, Finance Minister Vera Daves de Sousa confirmed on Friday. Endiama has reportedly submitted a bid for a majority stake in De Beers, the diamond unit of Anglo American, according to a source familiar with the matter who spoke to Reuters on October 24. Initially, Angola had expressed interest in acquiring only a minority stake in De… Read More Here

Copper Corporate News International

FQM Advances Preservation Program at Cobre Panama Mine Amid Talks with Government

November 2, 2025November 2, 2025 Constance

First Quantum Minerals Prepares Cobre Panama Copper Mine for Restart While Supporting Panama’s National Grid First Quantum Minerals (TSX: FM) reported progress at its suspended Cobre Panama copper mine in Panama during the third quarter, advancing the government-approved preservation and safe management program. Commenting on quarterly results, CEO Tristan Pascall said the company, which was preparing for a potential restart of operations, completed the shipment of all remaining copper concentrate, along with some supplies and equipment from the site. The Canadian miner also began pre-commissioning work at the mine’s power… Read More Here