Ghana Sets December 2026 Deadline for Miners to Transition to Local Contract Mining 1 International Gold 

Ghana Sets December 2026 Deadline for Miners to Transition to Local Contract Mining

Ghana Orders Newmont, AngloGold Ashanti, and Zijin to Shift to Local Contractors by December 2026 or Face Sanctions Ghana’s mining regulator has given international mining companies Newmont, AngloGold Ashanti, and Chinese-owned Zijin Mining until December 2026 to transition their mining operations to locally compliant contractors or face potential sanctions, according to sources familiar with the matter and regulatory documents. The three companies are among the few major operators in Ghana that still conduct mining using their own in-house personnel. Most other mining firms had already outsourced their operations in anticipation… Read More Here
Trafigura Signs $1bn Oil-Backed Financing Deal with Gabon to Boost Liquidity 2 International Corporate News Oil & Gas 

Trafigura Signs $1bn Oil-Backed Financing Deal with Gabon to Boost Liquidity

Gabon secures $1 billion oil-backed financing from Trafigura in seven-year crude supply deal to strengthen public finances and investment spending Global commodities trader Trafigura has signed a $1 billion oil-backed financing agreement with the government of Gabon, providing upfront liquidity in exchange for future crude oil deliveries over a seven-year period. Announced on Wednesday, the arrangement will see Trafigura extend prepayment financing to the Gabonese state while acting as the exclusive buyer of the country’s “profit oil” the share of crude allocated to the government after production costs are recovered… Read More Here
Flooding Disrupts Rail Traffic on Lobito Corridor, Halting Key Mineral Export Route 3 International Cobalt Copper Transport and Logistics 

Flooding Disrupts Rail Traffic on Lobito Corridor, Halting Key Mineral Export Route

Severe Floods in Angola Suspend Lobito Corridor Rail Operations, Threatening Copper and Cobalt Exports from Central Africa Severe flooding in western Angola has forced the suspension of rail traffic along the Lobito Corridor, disrupting a critical export route for minerals from the region’s mining sector. The line operator, Lobito Atlantic Railway, reported that “significant damage” was sustained to railway infrastructure near the Halo River between Cubal and Caimbambo, approximately 140 kilometres southeast of the coastal city of Benguela. Flooding also damaged infrastructure near the Cavaco River following heavy rainfall on… Read More Here
Yahua Secures Lithium Export Quota from Zimbabwe After Suspension 4 International Battery Metals Lithium 

Yahua Secures Lithium Export Quota from Zimbabwe After Suspension

China’s Yahua Wins Six-Month Lithium Export Quota from Zimbabwe as Government Tightens Control Over Battery Minerals China’s Sichuan Yahua Industrial Group said on Tuesday that it had secured a six-month export quota for lithium concentrates from Zimbabwe, two months after Africa’s largest lithium producer suspended exports of the key battery material. The quota is expected to be sufficient to maintain normal production levels at the company’s Kamativi Mine, Yahua said in response to a question on an investor online Q&A platform affiliated with the Shenzhen Stock Exchange. The company added… Read More Here
Andrada Mining Reports Strong Tungsten, Copper and Tin Recoveries at Brandberg West 5 International Copper Corporate News Tin 

Andrada Mining Reports Strong Tungsten, Copper and Tin Recoveries at Brandberg West

Andrada Mining Achieves Up to 91% Tungsten Recovery at Namibia’s Brandberg West Project, Signaling Lower-Cost Production Potential Namibia-focused Andrada Mining has reported positive tungsten, copper and tin test results at the Brandberg West Project, demonstrating significant grade improvements, high metal recoveries and substantial mass reduction  all of which point to the potential for a lower-cost and more efficient route to production. The initial testwork forms part of a multiphase assessment programme at Brandberg West that includes evaluating tailings and waste material from the historical mine, alongside an exploration drilling campaign.… Read More Here
Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine 6 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 7 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 8 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 9 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 10 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

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