International - Copperbelt Katanga Mining

Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China 1

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

International Corporate News

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

September 30, 2025September 30, 2025 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

International Corporate News Gold

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

September 29, 2025September 29, 2025 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

Gold International

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

September 29, 2025September 29, 2025 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

International Corporate News Gold Mining Personality

Barrick Announces Leadership Transition

September 29, 2025September 29, 2025 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

International Corporate News

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

September 28, 2025September 28, 2025 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

Diamond Economy International

Botswana Launches Emergency Diamond Auction to Boost Revenues Amid Market Slump

September 28, 2025September 28, 2025 Constance

Botswana Holds Rare Diamond Auction as Global Gem Demand Weakens Botswana is staging an unprecedented diamond auction in a bid to shore up government revenues battered by a prolonged slump in the global gems market. The state-owned Okavango Diamond Company (ODC) is offering about 1 million carats of rough diamonds in a one-off “closed” tender, ODC spokesperson Dennis Tlaang confirmed last week. Unlike the company’s regular auctions—planned well in advance for registered buyers—this ad-hoc sale was organised at short notice, according to Bloomberg. Sources familiar with the process say the… Read More Here

Diamond Corporate News International

Angola Enters Race for De Beers Stake with Pan-African Ownership Proposal

September 25, 2025September 25, 2025 Constance

Angola’s Endiama Bids for Minority Stake in De Beers, Proposing Shared African Ownership Model Angola’s state-owned diamond company, Endiama, has formally submitted a bid for a minority stake in De Beers, intensifying competition for control over the world’s largest diamond producer as parent company Anglo American prepares to sell. The Ministry of Mineral Resources confirmed that Endiama lodged a “fully financed offer.” Minister Diamantino Pedro Azevedo said the proposal aims to establish a pan-African ownership model that prevents dominance by any single country while safeguarding De Beers’ independence and competitiveness.… Read More Here

International

Nigeria Revokes 1,263 Mining Licences to Attract Serious Investors

September 23, 2025September 23, 2025 Constance

Nigeria Cancels Over 1,200 Dormant Mining Licences to Boost Solid Minerals Investment The Nigerian government has revoked 1,263 mineral licences in a sweeping effort to reform its underdeveloped mining sector and eliminate speculative operators. The move aims to free up access for serious investors seeking opportunities in the country’s solid minerals industry. The affected licences, now slated for removal from the Electronic Mining Cadastral System (eMC+) portal of the Nigerian Mining Cadastral Office (MCO), include: 584 exploration licences 65 mining leases 144 quarry licences 470 small-scale mining leases Cracking Down… Read More Here

International

Mali Approves Seven New Mining Deals to Boost State Revenue and Resource Sovereignty

September 23, 2025September 23, 2025 Constance

Mali Signs Seven New Mining Agreements to Strengthen State Role in Gold and Lithium Projects Mali’s military government has approved seven new agreements with international and local mining companies, deepening state participation and increasing revenues as part of its broader push for resource sovereignty. The Council of Ministers endorsed the exploitation and exploration contracts on Friday, according to an official statement. The deals guarantee the state a non-reducible stake in each project, along with priority access to dividends. The agreements cover several high-profile gold operations, including: Sadiola mine, operated by… Read More Here