International - Copperbelt Katanga Mining

Lobito Corridor Railway Secures $753 Million Financing to Boost Regional Trade Links 1

Angola’s Lobito Corridor Railway Project Reaches $753 Million Financial Close to Expand African Trade Connectivity The Lobito Corridor railway project in Angola has reached financial close after securing $753 million in funding, marking a major milestone for one of Africa’s most important regional transport infrastructure initiatives. The financing will support the rehabilitation, upgrade and long-term operation of the 1,300-kilometre railway corridor linking the Port of Lobito in Angola to the border with the Democratic Republic of Congo (DRC). The project is operated by Lobito Atlantic Railway (LAR), a joint venture… Read More Here

International Corporate News Equipment & Technology Mining technology

Caterpillar Acquires Skycatch to Expand AI-Powered Mining Technology Platform

July 8, 2026July 8, 2026 Constance

Caterpillar Buys Skycatch to Boost AI, Digital Twin and Automation Capabilities in Mining Operations Caterpillar Inc. has acquired mining technology company Skycatch as part of its strategy to expand digital solutions, artificial intelligence capabilities and real-time data tools for mining operations. The terms of the transaction were not disclosed. The acquisition follows Caterpillar’s recent purchase of RPMGlobal and strengthens its portfolio of mining technologies designed to improve operational efficiency, optimise material movement and support both conventional and autonomous mining fleets. Skycatch specialises in capturing and processing high-resolution spatial data using… Read More Here

International Battery Metals Corporate News Lithium

Tyranna Resources Sells Namibe Lithium Project to Sinomine for $1.44 Million

July 8, 2026July 8, 2026 Constance

Tyranna Resources Divests Angola Lithium Project to Sinomine, Redirecting Funds to Chinguar Gold Development Australian-listed Tyranna Resources has agreed to sell its interest in the Namibe lithium and caesium project in southern Angola to Sinomine Resource Group for $1.44 million, allowing the company to focus on new exploration opportunities in Angola. The transaction involves the sale of Tyranna subsidiary Angolan Minerals’ 90% interest in AM Mauritius, the holding company for the Namibe project, to Sinomine Resource (Guangdong Hengqin) Supply Chain Co, a subsidiary of Sinomine Resource Group. The deal remains… Read More Here

International Corporate News Diamond

De Beers Cuts Diamond Prices Sharply as Industry Crisis Forces Market Reset

July 8, 2026July 8, 2026 Constance

De Beers Reduces Diamond Prices in Major Shift as Weak Demand and Lab-Grown Stones Pressure Market De Beers has introduced some of its largest official diamond price reductions in years, marking a significant shift in strategy as the company responds to prolonged weakness in the global diamond market. The price cuts come during the company’s first sales cycle after reducing the number of its selected diamond buyers, known as sightholders. The move is part of a broader effort to strengthen relationships with key customers amid challenging market conditions. The diamond… Read More Here

International Copper Exploration New Mining Projects

Anglo American Advances Copper Exploration in Angola’s Moxico Leste Province

July 1, 2026July 1, 2026 Constance

Anglo American Presents Copper Prospecting Project in Angola’s Cazombo Salient Amid Regional Copper Belt Expansion Anglo American has presented a copper prospecting project in Angola’s Cazombo Salient, highlighting new opportunities for the country’s mining sector. The presentation took place on Tuesday in the commune of Calunda, in the municipality of Muconda, Moxico Leste province, and was disclosed by the Ministry of Mineral Resources, Petroleum and Gas in a statement. According to the ministry, Anglo American Angola introduced the Copper Prospecting Project in the Cazombo Salient as a strategic initiative aimed… Read More Here

International Cobalt Copper Corporate News New Mining Projects

Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

June 30, 2026June 30, 2026 Constance

Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here

Mining Personality Corporate News Gemstones International

Gemfields Announces CEO Departure Amid Ruby Mine Production and Security Challenges

June 30, 2026June 30, 2026 Constance

Gemfields CEO Sean Gilbertson Steps Down as Mozambique Ruby Mine Faces Production Challenges Gemfields has announced that Chief Executive Officer Sean Gilbertson will step down from his role and as a director of the company on July 15, 2026, by mutual agreement with the board. Chief Financial Officer David Lovett has been appointed interim CEO while retaining his current responsibilities. Nonexecutive Chairperson Bruce Cleaver will provide additional support to the executive team as the board begins the search for a permanent successor. The company thanked Gilbertson for his leadership and… Read More Here

International Corporate News Equipment & Technology Technology & Innovation

BHP, Rio Tinto and Caterpillar Progress Battery-Electric Haul Truck Trials at Jimblebar Mine

June 29, 2026June 29, 2026 Constance

BHP, Rio Tinto and Caterpillar Advance Battery-Electric Cat 793 XE Haul Truck Trials in Major Mining Decarbonisation Push BHP, Rio Tinto and Caterpillar have reported early progress in their joint trial of two Cat 793 XE Early Learner battery-electric haul trucks at BHP’s Jimblebar iron ore mine in Western Australia. The trucks were initially tested at Caterpillar’s Tucson Proving Ground in the United States, where they completed safety validation and controlled trials before being deployed to Jimblebar. Since arriving on site, they have completed more than 100 hours of operation… Read More Here

Sponsored Content Corporate News International Oil & Gas

When Good Oils Go Bad

June 29, 2026June 29, 2026 Constance

Part 1 – Oils don’t die, they degrade There are certain things in life that improve with age. Wine and whisky develop deeper, more complex flavours. Bonsai trees mature into highly valued works of art and even acoustic guitars and violins are said to improve in tone as the wood ages and the instrument opens up. Unfortunately, the list of things that don’t improve with time is far longer. Our physical health declines, sometimes along with our sense of humour. Metals corrode, paint fades and, perhaps less romantically but more… Read More Here

International Corporate News Oil & Gas Sponsored Content

When Good Oils Go Bad Part 2

June 29, 2026June 29, 2026 Constance

Oxidation: When Oil Gets Old Oxidation – the focus of part 2 of WearCheck’s “When Good Oils Go Bad” series – is one of the most common chemical reactions we encounter in everyday life. It occurs when fuel burns, when steel rusts, when wounds are cleaned with hydrogen peroxide and even when a cut apple turns brown. In lubricating oils, oxidation is no less familiar and no less damaging. Put simply, oxidation is the chemical reaction between a lubricant and oxygen. Over time, this reaction alters the oil’s chemistry, leading… Read More Here