International - Copperbelt Katanga Mining

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

International Copper

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

July 15, 2025July 15, 2025 Constance

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

Copper Corporate News International

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