International - Copperbelt Katanga Mining

Glencore Targets One Million Tons of Annual Copper Output from Argentina Projects 1

Glencore Plans $13.5bn Investment to Position Argentina as Major Global Copper Supplier BUENOS AIRES – Mining and trading giant Glencore is planning to produce nearly one million tons of copper annually from its El Pachón and Agua Rica projects in Argentina within the next 10 to 15 years, the company’s Argentina CEO Martín Pérez de Solay said on Thursday. Argentina currently produces no copper, but several major mining companies are advancing projects that could transform the country into a key global supplier of the metal. Earlier this week, Glencore applied… Read More Here

International Governance

Botswana Secures $12bn Investment Deal with Qatar’s Al Mansour Holdings

August 24, 2025August 24, 2025 Constance

Qatar’s Al Mansour Holdings to Invest $12bn in Botswana Across Energy, Mining, and Infrastructure Botswana’s President Duma Boko on Thursday announced a landmark agreement with Qatar’s Al Mansour Holdings, under which the Gulf-based firm will invest $12 billion across multiple sectors of the Southern African nation’s economy. The deal, signed in partnership with the state-owned Botswana Development Corporation, will target strategic industries including infrastructure, energy, mining, diamond refinement, agriculture, tourism, cybersecurity, and defence, according to Boko’s statement on Facebook. Botswana has long been regarded as one of Africa’s economic success… Read More Here

International Corporate News

Asian Development Bank Commits $410m to Barrick’s Reko Diq Copper Mine in Pakistan

August 24, 2025August 24, 2025 Constance

ADB Backs Reko Diq Copper Project with $410m Financing Package The Asian Development Bank (ADB) will provide a $410 million financing package to support the development of Reko Diq, one of the world’s largest untapped copper deposits, operated by Barrick Mining (NYSE: GOLD; TSX: ABX). According to Reuters, the package includes two loans totaling $300 million to Barrick and a $110 million financing guarantee for the government of Pakistan. The investment is part of a broader $6.6 billion development plan for the mine, which is jointly owned by Barrick (50%),… Read More Here

International Battery Metals Cobalt

US Plans $500m Cobalt Procurement to Strengthen Defense Mineral Stockpiles

August 24, 2025August 24, 2025 Constance

US Targets $500m Cobalt Purchase for Defense Supply Chain Amid China’s Mineral Restrictions The United States is moving to secure its supply of critical minerals, with the Department of Defense (DoD) announcing plans to procure up to $500 million worth of cobalt for its defense stockpiles. The initiative comes as Washington intensifies efforts to reduce reliance on China’s near-total control of the critical minerals sector. China’s Export Restrictions Spark Urgency The global supply chain for rare earths and other strategic minerals has come under pressure following China’s recent export restrictions.… Read More Here

International Corporate News Tin

Andrada Mining Completes Second Jig Plant at Uis Mine to Boost Tin Output

August 22, 2025August 22, 2025 Constance

Andrada Mining Doubles Down on Tin Growth with New Jig Plant at Uis Mine, Namibia London-listed Andrada Mining has successfully completed construction of the second jig (processing) plant at its flagship Uis tin mine in Namibia, delivering the project on time and within budget. Commissioning of the new plant will begin in the final week of August, paving the way for a substantial increase in tin production through the added processing capacity. “The completion of the jig plant on time and within budget is a smart, low-cost upgrade that will… Read More Here

Corporate News International Mining Personality

Exxaro Reshapes Leadership Structure to Drive Diversification and Sustainable Growth

August 21, 2025August 21, 2025 Constance

Exxaro Announces New Management Structure and Leadership Appointments to Accelerate Diversification in Coal, Energy and Metals JSE-listed Exxaro Resources has unveiled a revamped group management structure designed to position the company as “fit for the future” while reflecting its growing diversified portfolio across coal, energy, and transitional metals. The new structure is aimed at stabilising operations, enhancing agility, improving collaboration, and enabling faster decision-making as Exxaro accelerates its sustainable growth and impact strategy. Strengthened Executive Committee The group executive committee, reporting directly to CEO Ben Magara, now includes: Riaan Koppeschaar… Read More Here

Corporate News Copper International

Glencore Seeks $13.5B Investment Boost for Argentine Copper Projects Under New Incentive Regime

August 21, 2025August 21, 2025 Constance

Glencore Applies for Argentina’s RIGI Program to Advance $13.5 Billion El Pachón and Agua Rica Copper Projects Commodities giant Glencore has submitted applications to include two of its flagship copper projects in Argentina—El Pachón and Agua Rica—under President Javier Milei’s new Incentive Regime for Large Investments (RIGI). If approved, the projects could unlock $13.5 billion in development spending over the next decade. The Switzerland-based miner confirmed Monday that it has applied for both projects, which it owns outright. Planned capital investment includes $9.5 billion for El Pachón (Phase 1) and… Read More Here

International Gold

Uganda Launches First Large-Scale Gold Mine with $250M Chinese Investment

August 18, 2025August 18, 2025 Constance

Uganda Opens $250 Million Gold Mine to Boost Exports and Mining Industry Uganda has officially inaugurated its first large-scale gold mine, a $250 million Chinese-owned project located in the eastern Busia district. The Wagagai Gold Mining Project will also refine bullion to 99.9% purity, according to a statement from the president’s office. The landlocked East African nation, endowed with minerals such as copper, cobalt, and iron ore, is seeking to expand its mining sector and establish itself as a leading gold producer and exporter. In 2023, Uganda earned $3.4 billion… Read More Here

International Corporate News Diamond

Lucapa Diamond Secures $10M Rescue Deal with Dubai’s Jemora Group

August 18, 2025August 18, 2025 Constance

Lucapa Diamond (ASX: LOM) Wins $10M Bailout from Dubai’s Jemora to Exit Administration Lucapa Diamond Company (ASX: LOM), operator of Angola’s Lulo alluvial mine and Australia’s Merlin project, has struck a rescue deal with Dubai-based Jemora Group that could bring the struggling miner out of administration. Administrators KordaMentha confirmed they have signed a deed of company arrangement with Jemora’s subsidiary, Gaston International, which has agreed to inject around A$15 million (US$10 million) into Lucapa. Under the proposal: Creditors would be paid in full. Shareholders could receive a partial payout of… Read More Here

Gold International

Zimbabwe’s Gold Boom Overwhelms Laboratories Amid Record Prices

August 14, 2025August 14, 2025 Constance

Zimbabwe Gold Output Soars 40% as Record Prices Drive Exploration Surge Zimbabwe’s mining laboratories are struggling to cope with a surge in mineral samples, as gold producers ramp up exploration in response to record-high prices, a senior mining executive revealed on Wednesday. Geopolitical tensions, aggressive central bank purchases, and economic uncertainty—exacerbated by former U.S. President Donald Trump’s tariff policies—pushed gold prices to an unprecedented $3,500 per ounce in April 2025. Even Zimbabwe, where gold production had plummeted after decades of political and economic turmoil, has seen a remarkable rebound. The… Read More Here