International - Copperbelt Katanga Mining

Liberia Signs $1.8 Billion Deal with Ivanhoe Atlantic to Revamp Railway for Guinea Iron Ore Exports 1

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

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