International - Copperbelt Katanga Mining

Angola Secures €75 Million from AFC to Build 186 Bridges and Upgrade National Roads 1

Angola Accelerates Infrastructure Growth with €75 Million Boost from Africa Finance Corporation Angola has received a significant boost to its transportation infrastructure, with the disbursement of €75 million from the Africa Finance Corporation (AFC). This funding is part of an €85 million sovereign facility designed to transform the country’s national road network. The investment will support the construction of 186 priority bridges and strategic upgrades to key national roads. These initiatives are aligned with Angola’s National Development Plan (2023–2027), which aims to modernize infrastructure, enhance connectivity, and stimulate economic growth.… Read More Here

Mali Court Denies Barrick Mining’s Appeal to Release Detained Employees Amid Ongoing Dispute

July 22, 2025July 22, 2025 Constance

Mali Rejects Barrick Gold’s Appeal Over Employee Arrests as Mining Dispute Deepens A court in Mali on Tuesday rejected an appeal by Barrick Gold Corporation to release four local employees who were arrested in November 2024, according to Judge Samba Sarr. This ruling marks the latest development in a prolonged standoff between the Canadian mining giant and Mali’s military-led government over taxes and mine ownership. Barrick, which has consistently dismissed the allegations as baseless, filed an appeal to free the employees from detention. However, Judge Sarr ruled the appeal “unfounded,”… Read More Here

International Mining Equipment

Caterpillar and Luck Stone celebrate one million tons hauled autonomously at Bull Run Quarry

July 22, 2025July 22, 2025 Constance

o Caterpillar and Luck Stone announce a significant milestone in their ongoing collaboration of one million tons autonomously hauledo The achievement marks a first for Caterpillar in the aggregates industryo Reaching the one million tons hauled autonomously milestone confirms that autonomous haulage candeliver consistent, repeatable performance CHANTILLY, Va., July 14, 2025 – Caterpillar, Inc. (NYSE:CAT) and Luck Stone, the nation’s largest family-owned and operated producer of crushed stone, sand and gravel, announced a significant milestone in their ongoing collaboration: one million tons autonomously hauled at Luck Stone’s Bull Run Quarry… Read More Here

International Battery Metals Lithium

Zimbabwe’s Spodumene Exports Soar 30% in H1 2025 Despite Global Lithium Price Slump

July 21, 2025July 21, 2025 Constance

Zimbabwe Boosts Lithium Exports by 30% in First Half of 2025 Amid Global Price Decline Zimbabwe’s exports of spodumene concentrate—a key lithium-bearing mineral used in battery production—rose by 30% in the first half of 2025, defying the backdrop of falling global lithium prices, according to data from the Minerals Marketing Corporation of Zimbabwe (MMCZ). From January to June, the country exported 586,197 metric tons of spodumene concentrate, up from 451,824 metric tons during the same period in 2024, MMCZ figures shared with Reuters on Monday revealed. Despite a nearly 90%… Read More Here

Energy Corporate News International Uranium

Deep Yellow Progresses Namibia’s Tumas Uranium Project Amid Market Rebound and FID Delay

July 21, 2025July 21, 2025 Constance

Deep Yellow Advances Tumas Project Development Despite Delayed Investment Decision ASX-listed Deep Yellow reports continued strong progress across all key aspects of development at its flagship Tumas uranium project in Namibia, including engineering, procurement, site preparation, operational planning, and financing. The company’s decision to defer the final investment decision (FID) earlier this year has been “vindicated” by the recent surge in uranium prices, according to Managing Director and CEO John Borshoff. In April, Deep Yellow postponed its FID, citing its belief that the uranium price at the time did not… Read More Here

International Corporate News Mergers & Acquisitions

Sibanye-Stillwater to Acquire US Recycler Metallix for $82M, Boosting Urban Mining Strategy

July 21, 2025July 21, 2025 Constance

Sibanye-Stillwater Acquires Metallix for $82 Million to Expand Precious Metals Recycling in the US Precious metals producer Sibanye-Stillwater has announced an agreement to acquire Metallix Refining, a U.S.-based precious metals recycler, for $82 million, marking a significant step in the company’s expanding urban mining strategy. Metallix operates two state-of-the-art recycling facilities in North Carolina, where it recovers high-value metals—including gold, silver, and platinum group metals (PGMs)—from industrial waste streams. “We are excited to be adding Metallix to our existing recycling footprint. Its scale, technology, and expertise will enhance our current… Read More Here

International Corporate News Oil & Gas

Dangote Warns Against Africa Becoming a Dumping Ground for Substandard Fuel

July 18, 2025July 18, 2025 Constance

Dangote Urges Africa to End Fuel Imports and Boost Local Refining Capacity Aliko Dangote, President of Dangote Industries Limited, has voiced serious concerns over Africa’s growing dependence on imported fuel, warning that the continent risks becoming a dumping ground for substandard petroleum products. Speaking about the motivation behind the $20 billion Dangote Refinery, Dangote said the project was driven by a commitment to help Nigeria achieve energy self-sufficiency and to inspire similar industrial development across Africa. “People think building a refinery is like building a house,” Dangote said. “If I… Read More Here

International Battery Metals Corporate News Lithium

Zimbabwe’s Kuvimba to Construct $270M Lithium Concentrator with Chinese Partners in 2025

July 18, 2025July 18, 2025 Constance

Kuvimba to Build $270M Lithium Plant at Sandawana Mine in 2025 Zimbabwe’s state-owned Kuvimba Mining House will begin construction of a $270 million lithium concentrator at its Sandawana mine in the third quarter of 2025, with commissioning expected in early 2027, according to CEO Trevor Barnard. The facility is designed to process 600,000 metric tons of lithium ore per year and will be developed in partnership with two major Chinese metals companies. Under the agreement, the Chinese firms will build and operate the plant for a minimum of five years,… Read More Here

International Battery Metals Copper

India Seeks Copper and Critical Minerals from Chile and Peru Amid Push to Cut China Reliance

July 17, 2025July 17, 2025 Constance

India in Talks with Chile and Peru for Copper and Critical Minerals to Curb China Dependence India is in advanced discussions with Chile and Peru to secure critical mineral supplies, including copper, as part of ongoing free trade agreement (FTA) negotiations, according to a senior official from the Ministry of Commerce and Industry. The talks aim to ensure a stable supply of key resources for India’s growing industrial needs, particularly copper concentrate. A government document released earlier this month confirmed that copper will be included as a dedicated chapter in… Read More Here

International Corporate News Gold

Mali Seizes Over $100M in Gold from Barrick Amid Political Power Grab and Mounting Instability

July 15, 2025July 15, 2025 Constance

Mali Confiscates $117M in Barrick Gold Days After Junta Leader Extends Indefinite Rule Mali’s military government has seized more than a ton of gold from Canadian mining giant Barrick, just days after junta leader Colonel Assimi Goïta signed a controversial law granting himself an indefinite presidential mandate. According to a statement from Toronto-based Barrick Gold, state helicopters arrived “unannounced” and removed approximately 35,000 ounces of bullion—worth about $117 million, based on Friday’s gold price of $3,324 per ounce. The company said the gold was potentially taken for sale by Mali’s… Read More Here