Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine 1 International Corporate News Gold Investment News 

Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine

Trafigura Enters Ghana Gold Market with $65M Financing and 700,000 oz Offtake Deal for Bogoso–Prestea Mine Restart Global commodity trading company Trafigura has entered into an offtake and financing agreement with Ghana-owned mining firm Heath Goldfields to support the restart of operations at the Bogoso Prestea gold mine in western Ghana. Under the agreement, Trafigura will purchase approximately 700,000 ounces of gold doré produced at the Bogoso–Prestea processing facility. Deliveries are expected to begin later this year as production ramps up. In addition to the offtake arrangement, Trafigura is providing… Read More Here
FQM Partners with IFC to Advance Sustainability Standards at Argentina’s Taca Taca Copper Project 2 International Copper Corporate News New Mining Projects 

FQM Partners with IFC to Advance Sustainability Standards at Argentina’s Taca Taca Copper Project

First Quantum Minerals and IFC Align Taca Taca Copper Project with ESG Standards to Strengthen Financing and Boost Argentina Mining Investment First Quantum Minerals First Quantum Minerals has announced a partnership with the International Finance Corporation International Finance Corporation to align its Taca Taca copper project in Argentina with internationally recognized environmental and social sustainability standards. The agreement will ensure the proposed development in Salta Province Salta Province complies with IFC Performance Standards on Environmental and Social Sustainability. This alignment is expected to enhance the project’s attractiveness to lenders and… Read More Here
EU and US Move Toward Critical Minerals Alliance to Reduce Dependence on China 3 International Battery Metals 

EU and US Move Toward Critical Minerals Alliance to Reduce Dependence on China

EU and US Near Critical Minerals Deal to Secure Supply Chains and Cut Reliance on China Amid Rising Geopolitical Tensions The European Union and the United States are moving closer to a coordinated agreement on critical minerals production and supply chains, to reduce their dependence on China and strengthen long-term economic and security resilience. According to a draft action plan reported by Bloomberg News, the proposed framework would introduce measures such as minimum pricing mechanisms designed to support non-Chinese suppliers and stabilise investment in strategic mineral markets. The agreement also… Read More Here
Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline 4 Gold Corporate News International 

Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline

Barrick Mining Reverses Expansion Strategy, Targets Acquisitions and North American Assets After 17% Output Drop Barrick Mining (TSX: ABX) (NYSE: B) is shifting its corporate strategy away from high-risk international expansion and back toward acquisitions, marking a significant reversal of its previous decade-long growth approach across Africa and Asia. Chairman John Thornton outlined the strategic pivot in a shareholder letter on Wednesday, his first major public statement since the company replaced former CEO Mark Bristow in September and announced plans to restructure key North American operations. Thornton said the company… Read More Here
Zimbabwe Sets Lithium Export Quotas and Local Processing Requirements 5 International Battery Metals Lithium 

Zimbabwe Sets Lithium Export Quotas and Local Processing Requirements

Zimbabwe to impose lithium concentrate export quotas and mandate local processing by 2027 Zimbabwe will introduce export quotas for lithium concentrates and require mining companies to commit to local processing plans as conditions for resuming mineral exports, the mines ministry has informed producers. Africa’s top lithium producer suspended exports of lithium concentrates and other unprocessed minerals on February 26, citing alleged malpractices and mineral leakages. In a letter dated April 2 to the Chamber of Mines, the ministry outlined conditions for resuming exports, including the publication of annual financial statements… Read More Here
Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia 6 International Copper Gold New Mining Projects 

Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia

Bezant Resources boosts Hope project copper-gold resource sevenfold, extending mine life to 7.5 years Aim-listed Bezant Resources has announced a sevenfold increase in the Hope open-pit mineral resource at its Hope and Gorob copper-gold project in Namibia, raising the resource to over three million tonnes, up from the 2023 estimate of 410,000 tonnes. The update was released on April 8 following a new Mineral Resource Estimate (MRE) prepared by independent consultants Sound Mining. Bezant highlighted that the increase significantly improves the near-term development potential of the mine, reducing the strip… Read More Here
Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy 7 International Economy Gold 

Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy

Angola opens first gold refinery in 2026 to boost mining value, reduce reliance on oil and diamonds Angola, Africa’s second-largest oil producer, is set to operate its first gold refinery in the first half of 2026, signaling a push to diversify its economy and extract more value from mineral resources. The refinery, located in Viana near Luanda, has a processing capacity of approximately 20 kilograms per day. Construction and equipment installation have been completed, with commissioning and final technical adjustments now underway, according to Paulo Tanganha, Angola’s national director of… Read More Here
Panama Approves Stockpile Processing at Cobre Panamá Mine Under Strict Supervision 8 International Corporate News 

Panama Approves Stockpile Processing at Cobre Panamá Mine Under Strict Supervision

Panama authorizes First Quantum to process and export stockpiled ore at Cobre Panamá without reopening mine The government of Panama has formally approved a request by Canada’s First Quantum Minerals to remove, process and export stockpiled ore at its shuttered Cobre Panamá mine, one of the world’s largest open-pit copper operations. In separate statements issued on Tuesday, the government and the mining company said the measure is intended to prevent potential environmental risks, protect nearby communities from hazards such as acid rock drainage, and maintain the operational stability of the… Read More Here
Kazchrome Secures Environmental Product Declaration for High-Carbon Ferrochrome 9 International Corporate News 

Kazchrome Secures Environmental Product Declaration for High-Carbon Ferrochrome

ERG subsidiary Kazchrome awarded international Environmental Product Declaration for high-carbon ferrochrome production A subsidiary of Luxembourg-based Eurasian Resources Group (ERG), Transnational Company Kazchrome Joint Stock Company (Kazchrome), has been awarded an international Environmental Product Declaration (EPD) for its high-carbon ferrochrome, marking a significant milestone in the company’s sustainability and transparency efforts. Kazchrome, one of the world’s largest ferroalloy producers, is headquartered in Kazakhstan and plays a key role in the global supply of chromium-based alloys used in stainless steel manufacturing. High-carbon ferrochrome is a critical ferroalloy used primarily in stainless… Read More Here
BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar 10 Gold Economy International 

BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar

BRICS Plus gold reserves surpass 6,000 tonnes as central banks boost purchases and dollar share declines Members of the BRICS Plus trade bloc now hold more than 6,000 tonnes (t) of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, according to a market note by financial services group EBC Financial Group. Russia leads the bloc with 2,336 t of gold reserves, followed closely by China with 2,298 t, while India holds 880 t. Together, Russia and China account for roughly 74% of the… Read More Here

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