International - Copperbelt Katanga Mining

MMG and Hudbay Warn Peru of Potential Copper Output Disruptions Amid Ongoing Protests 1

MMG and Hudbay Urge Peru to Resolve Protests Threatening Mine Operations Executives from MMG and Hudbay Minerals met with Peru’s cabinet chief, Eduardo Arana, on Thursday to express concerns that ongoing protests by informal miners could disrupt copper production at two of the country’s largest mines, according to sources familiar with the discussions. The two-week-long demonstration, which has blocked a key transit route in the Cusco region, poses a growing threat to operations at MMG’s Las Bambas and Hudbay’s Constancia mines—both of which rank among Peru’s top ten copper producers.… Read More Here

Rio Tinto Eyes U.S. Copper Expansion Amid Tariff Push and Energy Transition

July 15, 2025July 15, 2025 Constance

Rio Tinto Signals Major U.S. Copper Investment Plans Amid Trump Tariff Proposal Rio Tinto has signaled a strong interest in expanding its copper operations in the United States, following former President Donald Trump’s proposed 50% tariffs on imported copper. The move is intended to bolster domestic production of critical materials essential for manufacturing and clean energy infrastructure. “There is increasing recognition by the U.S. government of the need for domestic sources of copper and other critical materials to support manufacturing and to power the country’s energy future,” said Katie Jackson,… Read More Here

Diamond International

Zimbabwe’s Largest Diamond Miner Cuts 400 Jobs Amid Global Market Slump

July 15, 2025July 15, 2025 Constance

ZCDC Lays Off 400 Workers as Global Diamond Prices Plunge and Lab-Grown Gems Rise Zimbabwe’s largest diamond producer, the state-owned Zimbabwe Consolidated Diamond Company (ZCDC), is laying off 400 employees as it struggles to cope with a global downturn in demand for natural diamonds, a company representative confirmed. Speaking by phone, the spokesperson explained that the job cuts were a necessary measure to keep operations running and avoid a complete shutdown. In a follow-up text message, the representative noted that ZCDC had to choose between halting production entirely or maintaining… Read More Here

Corporate News International Partnership

BHP Accelerates Electrification with New Battery Technology Partnerships in China

July 15, 2025July 15, 2025 Constance

BHP Partners with CATL and BYD’s FinDreams to Accelerate Battery-Powered Mining and Cut Emissions Global mining giant BHP is ramping up its electrification strategy through preliminary agreements with two leading Chinese battery manufacturers. These initiatives aim to integrate advanced battery technologies across BHP’s worldwide operations. On Monday, the Melbourne-based company announced the signing of two memoranda of understanding (MoUs): one with Contemporary Amperex Technology Co. Limited (CATL), and the other with FinDreams Battery (FDB), a subsidiary of the BYD Group. Under its agreement with CATL, BHP will explore the development… Read More Here

International Copper Gold New Mining Projects

Tyranna Resources Secures Majority Stake in Promising Maongo Copper-Gold Project in Angola

July 14, 2025July 14, 2025 Constance

Tyranna Resources Acquires 70% of Angola’s Maongo Copper-Gold Project Amid Growing Demand for Strategic Metals Tyranna Resources, an ASX-listed company, has signed agreements to acquire a 70% interest in the Maongo copper-gold project, located 25 km northeast of Namibe, Angola. The project comprises a single prospecting concession application covering 269 km², which is expected to be formally granted in the September 2025 quarter. The area hosts extensive historical mining infrastructure, including ore treatment sites, three main underground mining zones, and numerous secondary workings that predate Angola’s modern political era. Situated… Read More Here

Transport and Logistics Corporate News International

Liberia Signs $1.8 Billion Deal with Ivanhoe Atlantic to Revamp Railway for Guinea Iron Ore Exports

July 13, 2025July 13, 2025 Constance

Liberia, Ivanhoe Atlantic Ink $1.8B Railway Deal to Export Guinea Iron Ore via Revamped Corridor The Government of Liberia has signed a $1.8 billion infrastructure agreement with U.S.-based Ivanhoe Atlantic Inc., enabling the mining company to rehabilitate and utilize Liberia’s railway network for transporting iron ore from neighboring Guinea to export markets. The U.S. Embassy in Liberia described the deal as “a crucial step” in advancing President Joseph Boakai’s agenda to implement a multi-user rail policy and attract foreign direct investment. “This agreement supports President Boakai’s vision of opening Liberia’s… Read More Here

Gold Economy International

Zimbabwe’s Gold Boom Undermined by Currency Policy, Say Miners

July 13, 2025July 13, 2025 Constance

Zimbabwe’s Gold Output Soars 43%, But Currency Rules Slash Miner Earnings Soaring gold prices are driving a surge in Zimbabwe’s gold production and export revenues, but restrictive foreign currency retention policies are significantly eroding mining companies’ earnings, the country’s mining industry association warns. Gold prices have jumped by over $800 an ounce since the start of the year, peaking at $3,500 an ounce in April before easing slightly to around $3,300 an ounce. The rally has been fueled by strong central bank demand, geopolitical tensions, and uncertainty in global markets.… Read More Here

Mergers & Acquisitions Copper International New Mining Projects

Oscillate Secures Exclusive Agreement to Acquire High-Potential Copper-Silver Licences in Botswana

July 13, 2025July 13, 2025 Constance

Oscillate to Acquire 17 Copper-Silver Licences in Botswana’s Kalahari Copper Belt Under Deal With Kalahari Copper Copper and base metals developer Oscillate has signed a nonbinding heads of terms agreement with Kalahari Copper to acquire a subsidiary that holds a portfolio of copper and silver exploration licences in Botswana. The proposed acquisition involves 17 tenements, known as the Dalsu prospects, located within the highly prospective Kalahari Copper Belt and the Bushman Lineament—regions recognized for their potential in hosting sedimentary copper deposits. The transaction, which will be executed via a share… Read More Here

International Equipment & Technology

Barrick and Komatsu Seal $440M Deal to Power Reko Diq with Electric Mining Equipment

July 12, 2025July 12, 2025 Constance

Barrick Partners with Komatsu in $440M Deal to Electrify Reko Diq Copper-Gold Mine in Pakistan Barrick Mining Corporation has finalized a landmark $440 million agreement with Japanese construction giant Komatsu to supply electric and hybrid mining equipment for the Reko Diq copper-gold project in Pakistan. This deal represents a major step in decarbonizing one of the world’s most anticipated greenfield mining operations. The agreement includes a full suite of advanced mining machinery—ultra-class electric haul trucks, electric rope shovels, hydraulic mining excavators, and electric wheel loaders—designed to cut carbon emissions and… Read More Here

International Oil & Gas Petroleum

Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa

July 11, 2025July 11, 2025 Constance

Dangote Refinery to Build Major Fuel Storage Facility in Namibia to Boost Southern Africa Distribution Dangote Petroleum Refinery is set to build a large-scale fuel storage facility in Namibia with the capacity to hold over 1.6 million barrels of gasoline and diesel, according to two sources cited by Reuters. The project marks a significant step in the company’s strategy to expand its fuel distribution network across Southern Africa and reshape regional energy trade. The planned facility will serve as a key hub for distributing refined products to Namibia, Botswana, Zambia,… Read More Here