International - Copperbelt Katanga Mining

Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa 1

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

International Corporate News Gold

Mali Military Airlifts $107M in Gold from Barrick’s Loulo-Gounkoto Mine to Fund Operations

July 11, 2025July 15, 2025 Constance

Mali Military Airlifts Gold from Barrick’s Loulo-Gounkoto Mine Amid Operational Restructuring A Malian military helicopter transported gold from Barrick Gold’s (NYSE: GOLD) Loulo-Gounkoto mining complex on Thursday, according to a report by Reuters. The airlift follows a court-appointed administrator’s decision to sell the site’s bullion to help finance ongoing operations. According to the report, the helicopter landed at the mine’s tree-lined airstrip and was met by the site’s security team. The personnel were then escorted to the plant’s gold room, where the bullion was loaded. The aircraft departed five hours… Read More Here

Copper International

India Unveils Strategic Plan to Boost Copper Output and Secure Global Supply Chain

July 7, 2025July 7, 2025 Constance

India Plans Major Copper Expansion by 2047 with Global Partnerships and Investment Incentives India has announced a comprehensive strategy to ramp up copper production, reduce its dependency on imports, and secure long-term access to global copper reserves. The plan includes inviting foreign companies to establish smelters and refineries in India in exchange for state-owned enterprises investing in overseas mining operations. According to a newly released government policy document—portions of which were first reported by Reuters—India, currently the world’s second-largest importer of refined copper, may need to import between 91% and… Read More Here

International

Namibia’s Mining Sector Boosts Exports Amid Persistent Trade Deficit

June 29, 2025June 29, 2025 Constance

Namibia’s mining and quarrying sector generated N$5.4 billion in export revenue in April 2025, accounting for nearly half of the country’s total exports for the month, according to the Namibia Statistics Agency (NSA). The sector contributed 49% to total export earnings—an increase of N$1.2 billion compared to March 2025. This surge was largely driven by uranium exports, which brought in N$1.7 billion, making it Namibia’s leading export product for the month. Uranium accounted for 26% of total exports, with the majority shipped to China. Non-monetary gold was the second-largest contributor,… Read More Here

Tin Corporate News International

Andrada Mining to Raise N$143 Million for Uis Tin Mine Expansion in Namibia

June 29, 2025June 29, 2025 Constance

Andrada Mining Limited, a UK-listed company, has announced plans to raise up to N$143.13 million (£5.9 million) to fund key upgrades at its Uis tin mine in Namibia. The capital will support strategic investment projects aimed at improving processing efficiency and boosting output. According to CEO Anthony Viljoen, the company will allocate approximately N$63.08 million toward the installation of ore sorters and N$43.67 million to accelerate the commissioning of the mine’s Jig plant. “These upgrades are expected to significantly enhance the mine’s processing efficiency and output,” Viljoen said. The fundraising… Read More Here

Copper Corporate News International

FQM Resumes Copper Shipments from Panama Amid Hopes for Mine Restart

June 29, 2025June 29, 2025 Constance

First Quantum Minerals Ltd. has resumed shipments of copper concentrate from its Cobre Panama mine, 19 months after operations were halted by Panama’s Supreme Court, which ruled the mine’s license unconstitutional. On June 18, a bulk carrier named Lipsi departed from Punto Rincón, First Quantum’s private port used exclusively for exporting concentrate from the Cobre Panama operation, according to Bloomberg data. The ship, which can carry around 35,000 deadweight tons, is reportedly en route to deliver its cargo to German copper smelter Aurubis AG, according to sources familiar with the… Read More Here

Diamond Corporate News Exploration International

De Beers to Launch Diamond Exploration in Angola’s Lunda Provinces

June 27, 2025June 27, 2025 Constance

De Beers, the global diamond mining giant, will commence diamond exploration activities in Angola’s Lunda Norte and Lunda Sul provinces within the next two weeks, according to the company’s CEO, Al Cook. The announcement was made following a meeting with President João Lourenço in Luanda on Tuesday. According to a statement from the Press Office of the Presidency (CIPRA), accessed by VerAngola, the exploration marks the next phase following two years of aerial electromagnetic surveys and geological prospecting. “The multinational De Beers will begin drilling and exploration operations in Muconda… Read More Here

New Mining Projects Copper International

Angola to Begin Copper Production Mavoio Mine in September

June 27, 2025June 27, 2025 Constance

The Mavoio copper mine, located in the municipality of Maquela do Zombo in Angola’s Uíge Province, is set to begin operations this September, entering its first phase of production with an expected output of 2,500 tons of copper per day. This marks a significant step for the country’s mining industry and regional development. According to a statement from the provincial government of Uíge, the mine has a total exploration capacity of 4,000 tons per day. The project spans an area of 2,000 square kilometers and includes both open-pit and underground… Read More Here

Events & Expos International

Mining Indaba 2026 to Emphasize Power of Collaboration in African Mining

June 27, 2025June 27, 2025 Constance

With its immense reserves of critical minerals, Africa holds the key to powering the next phase of global development. As the world intensifies its focus on the minerals vital for clean energy, technology, and infrastructure, global interest in Africa’s resources is surging. However, unlocking this potential requires more than extraction. It demands a unified effort across governments, private investors, downstream buyers, local communities, and civil society. The 2026 Investing in African Mining Indaba (MI26) embraces this imperative with the theme: “Stronger Together: Progress Through Partnerships.” It highlights the transformative power… Read More Here

International Copper Corporate News New Mining Projects

Ivanhoe Electric Advances Streamlined Copper Project Toward 2028 Production

June 27, 2025June 27, 2025 Constance

Working in close collaboration with expert industry consultants, our team has developed a highly optimized underground mine plan and a simplified heap-leach processing design. The result is a project with low upfront capital requirements, reduced operating costs per unit, and high copper recovery rates. Located on private land, the project benefits from a more efficient permitting process. Ivanhoe Electric aims to begin copper production by 2028. Financing efforts are already underway, bolstered by a letter of interest from the U.S. Export-Import Bank, which could provide up to $825 million in… Read More Here