International - Copperbelt Katanga Mining

Panama’s Economy Poised for Recovery Following Cobre Panama Mine Closure 1

IMF Projects 4.5% Growth for Panama in 2025 as Economy Rebounds from Copper Mine Shutdown Panama’s economy is expected to rebound in 2025 as the effects of the late-2023 closure of First Quantum Minerals’ Cobre Panama copper mine fade and non-mining sectors continue to expand, the International Monetary Fund (IMF) said Monday. The Cobre Panama mine, one of the world’s largest open-pit copper deposits, was shut down following local protests over tax contributions and environmental concerns. Its closure significantly affected both Panama’s economy and First Quantum’s financial outlook. The company… Read More Here

International Corporate News

Arcadia Minerals Advances Namibian Portfolio While Preparing Swanson Tantalum Mine

August 26, 2025August 26, 2025 Constance

Arcadia Minerals Strengthens Namibian Assets and Near-Shovel-Ready Swanson Tantalum Project Arcadia Minerals has maintained strong momentum across its Namibian portfolio during a lean quarter, renewing licences, advancing multi-commodity targeting at the Tantalite Valley Complex, and continuing offtake and financing discussions for the near-shovel-ready Swanson tantalum mine, according to its June-quarter report filed on 31 July 2025. In the far south, Arcadia confirmed renewal of key exploration licences at the Tantalite Valley Complex through mid-2027 and completed a 97-sample stream-sediment program across the broader intrusive system. The survey returned widespread anomalism… Read More Here

International Energy Uranium

Namibia Poised to Become a Global Uranium Powerhouse by 2030

August 26, 2025August 26, 2025 Constance

Namibia Set to Export 40 Million Pounds of Uranium Annually as New Mines Drive Global Energy Supply By the end of this decade, Namibia could host six operating uranium mines, exporting nearly 40 million pounds annually to meet growing global demand for clean, reliable baseload energy. From Rössing’s historic legacy pits to the greenfield sites of Etango-8, uranium is reshaping Namibia’s desert, and the stakes have never been higher. Three advanced projects in the Erongo Region are set to expand Namibia’s uranium portfolio. Bannerman Energy’s Etango-8 project is the most… Read More Here

Corporate News Energy International

CrossBoundary Energy Secures $40 Million Investment to Boost Africa’s Renewable Power

August 25, 2025August 25, 2025 Constance

CrossBoundary Energy Receives $40 Million from Impact Fund Denmark to Accelerate Renewable Energy in Africa CrossBoundary Energy has secured a $40 million equity investment from Danish investor Impact Fund Denmark to accelerate renewable energy adoption across Africa. The distributed energy firm is advancing ambitious projects, including a 222 MWp solar facility and a 123 MVA/526 MWh battery system designed to power the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo. “Our zero-CapEx model lowers the barrier to entry for African companies seeking stable, clean, and cost-effective power,” said Pieter… Read More Here

International Corporate News

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

August 24, 2025August 24, 2025 Constance

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