International - Copperbelt Katanga Mining

Atlantic Lithium Uncovers High Grade Lithium Pegmatites in Ivory Coast

May 25, 2025May 25, 2025 Constance

Atlantic Lithium, an Australian mining company, announced on Thursday, May 22, 2025, the discovery of spodumene-rich pegmatites—lithium-bearing rocks—on its exploration permits in Côte d’Ivoire. The findings, based on rock samples collected from the Agboville and Rubino permits, revealed high lithium grades of up to 1.25%. These results stem from the first two phases of a sampling program initiated in 2024, following the granting of exploration licenses to the company’s local subsidiary, Khaleesi Resources SARL. At the Rubino permit, geological anomalies indicating lithium mineralization span an area of approximately 2.5 km… Read More Here

International Battery Metals

Friedland’s Ivanhoe Atlantic Pushes for U.S. Critical Mineral Status for High-Grade Iron Ore

May 23, 2025May 23, 2025 Constance

Mining billionaire Robert Friedland’s new company, Ivanhoe Atlantic, is actively lobbying the U.S. government to include high-grade iron ore on its official list of critical minerals — a move aimed at aligning with national defense priorities and reducing reliance on foreign steel inputs. The campaign supports the company’s flagship project in Guinea, the Nimba iron ore mine, which is set to begin production of 2 to 5 million tonnes of premium iron ore later this year, with output expected to ramp up to 25 million tonnes annually within seven years.… Read More Here

Lithium Battery Metals International

Zimbabwe Lithium Miners Urge Delay of Export Tax Until Refining Plants Are Operational

May 23, 2025May 23, 2025 Constance

Lithium producers in Zimbabwe are calling on the government to postpone a proposed 5% export tax on lithium concentrate until domestic refining facilities are fully operational. The Zimbabwe Lithium Exporters (ZLE), an industry body that includes major players like Chengxin Lithium Group, has formally requested the deferral from the Ministries of Mines and Finance. The group is asking for a two-and-a-half-year grace period, allowing time for the construction and commissioning of plants that will produce higher-value lithium sulfate, expected to be completed by 2027. Zimbabwe has rapidly become a key… Read More Here

International Energy Oil & Gas Uranium

Namibia Eyes Investment Rebound on Uranium, Oil, and Green Hydrogen Projects

May 22, 2025May 22, 2025 Constance

Namibia expects a strong rebound in foreign direct investment (FDI) this year following a 25% decline in 2024, driven by the restart of uranium operations and increased activity in oil exploration and green hydrogen projects. The southern African country is actively positioning itself to attract renewed capital in these strategic sectors, according to Francois van Schalkwyk of the Namibia Investment Promotion and Development Board. “Several international oil companies are continuing to invest not only in exploration but also in supporting services for future development,” he noted. “We anticipate that at… Read More Here

International Gold

Namibia Embraces Ghana’s Gold Reserve Strategy to Boost Economic Resilience

May 19, 2025May 19, 2025 Constance

Namibia has unveiled plans to adopt Ghana’s widely praised Gold Purchase Programme in a strategic bid to strengthen its monetary policy and revive its struggling economy. The initiative seeks to boost the country’s foreign reserves, curb inflation, and reinforce the value of the Namibian dollar by stockpiling gold as a key financial asset. With a robust mining sector and stable political environment, Namibia is one of Africa’s notable gold producers, and the industry remains a vital contributor to national GDP. According to The Namibia Economist, Bank of Namibia (BoN) Governor… Read More Here

Gold Corporate News International

Mali Seeks Court-Ordered Takeover of Barrick’s Gold Mines Amid Ongoing Dispute

May 15, 2025May 15, 2025 Constance

DAKAR/TORONTO – A court in Mali is set to hear a request from the country’s military government on Thursday to place Barrick’s Loulo-Gounkoto gold mine under provisional administration, a move that could significantly escalate the ongoing dispute between the Canadian miner and the West African state. The conflict, which began in 2023, centers on tax claims and disagreements over a new mining code that increases government royalties and ownership stakes. Operations at the Loulo-Gounkoto complex were suspended in January after the government seized around 3 metric tons of gold—valued at… Read More Here

Transport and Logistics International

UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration

May 13, 2025May 13, 2025 Constance

The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted the project’s transformative potential for millions living in historically underserved regions. “After visiting Benguela three times and meeting various partners in Lobito, I came to understand the true scale of the Corridor and its potential impact on the country’s future,” Joshi said. He emphasized that the Lobito Corridor stands out… Read More Here

Transport and Logistics International

Lobito Corridor Investment Opportunities Presented in Huambo

May 13, 2025May 13, 2025 Constance

Angola’s Ministries of Transport and Planning joined forces to host a seminar last Friday in the city of Huambo, aimed at showcasing the investment potential and opportunities along the Lobito Corridor. Held at the Manuel Rui Monteiro Cultural Center, the event focused on presenting the Railway Branch Line and Freight Terminal Project of the Caála Logistics Platform. It brought together local entrepreneurs from various sectors, including agriculture, livestock, transport, and construction. During the seminar, Adriana Penha, Contract Manager of the Caála Logistics Platform, emphasized that the meeting served as a… Read More Here

International Corporate News Gold

Barrick Begins Trading Under Symbol ‘B’ on NYSE to Reflect Gold-Copper Growth Strategy

May 12, 2025May 12, 2025 Constance

Barrick Gold Corporation, dual-listed in the U.S. and Canada, has officially begun trading under the single-letter ticker symbol ‘B’ on the New York Stock Exchange (NYSE), marking a significant milestone in the company’s evolution. To commemorate the occasion, Barrick President and CEO Mark Bristow rang the NYSE opening bell on Friday. “Barrick’s vision is to be the world’s most valued gold and copper exploration, development, and mining company,” said Bristow. “Alongside our world-class portfolio of six Tier 1 gold mines, we are building a significant copper business that will drive… Read More Here

International Energy Partnership

India and Angola Deepen Strategic Ties with Energy, Defence, and Tech Agreements

May 10, 2025May 10, 2025 Constance

India and Angola have agreed to significantly expand their strategic partnership, signing multiple Memorandums of Understanding (MoUs) covering energy, defence, digital infrastructure, space technology, and more. The agreements coincided with Angolan President João Lourenço’s landmark state visit to India—the first by an Angolan head of state in 38 years. During delegation-level talks, Prime Minister Narendra Modi described the visit as “historic,” noting its importance in deepening not just India-Angola relations, but also broader India-Africa cooperation. The visit comes as the two countries celebrate the 40th anniversary of diplomatic relations. “India… Read More Here