News in Brief - Copperbelt Katanga Mining

Loreto Silva Named Lead Independent Director at Barrick Mining

November 27, 2025November 27, 2025 Constance

Barrick Appoints Loreto Silva to Strengthen Board Leadership After Ben van Beurden’s Exit Global mining, exploration and development company Barrick Mining Corporation has appointed Loreto Silva as its new lead independent director, succeeding Ben van Beurden, who has stepped down from the board. Barrick chairperson John Thornton thanked van Beurden for his service and welcomed Silva to her new role. “I would like to thank Ben for his contribution to Barrick and welcome Loreto to the role of lead independent director. The Barrick board remains focused on delivering long-term value… Read More Here

Mining in Zambia Economy News in Brief

IMF Forecasts 5.2% Growth for Zambia in 2025

November 22, 2025November 22, 2025 Constance

Zambia’s Economy to Grow 5.2% in 2025, Outpacing African Average, Says IMF The International Monetary Fund (IMF) has projected Zambia’s economy to grow by 5.2% in 2025, well above the 4.1% average expected for most African countries. The robust outlook is attributed to easing inflation, improved liquidity, strong investor confidence, sustained governance and fiscal reforms, and increased private sector participation. IMF Resident Representative Eric Lautier noted that Zambia’s growth was initially projected at 5.8% but was revised downward due to challenges in the energy sector affecting production capacity. Speaking during… Read More Here

Mining in DRC Mining safety News in Brief

Lubumbashi Wastewater Spill Prompts Investigation into Congo Dongfang Mining

November 22, 2025November 22, 2025 Constance

DRC Launches Judicial Probe into Congo Dongfang Mining Over Lubumbashi Environmental Disaster The Congolese Ministry of Justice announced on Friday, November 21, 2025, the opening of a judicial investigation into mining company Congo Dongfang Mining (CDM) following the rupture of its retention basin, which released a large volume of wastewater across multiple districts of Lubumbashi. According to a statement signed by Minister of State, Minister of Justice and Keeper of the Seals Guillaume Ngefa, the incident caused flooding of roads, homes, rivers, and the Moïse market, exposing residents to serious… Read More Here

Mining in DRC Cobalt Copper News in Brief Tin

Tin Prices Rise as Most Congolese Minerals Decline in Weekly Market Update

November 14, 2025November 14, 2025 Constance

Congo Mineral Prices Drop This Week as Cobalt, Copper, Nickel Fall — Tin Posts Rare Increase The prices of most major Congolese raw materials trended downward this week, according to commodity price data released on Monday, November 10, 2015. Tin was the only major mineral to record a notable increase, while several rare metals held steady. Cobalt, a key component in electric vehicle batteries, posted a slight decline, easing from $47 908.00 to $47 902.00 per tonne. Copper, one of the Democratic Republic of Congo’s most important export minerals, also… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions News in Brief

Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition

November 11, 2025November 11, 2025 Constance

Shuka Minerals Secures Initial $300,000 from GMI to Advance Zambia Zinc Mine and Leopard Exploration Deal Shuka Minerals, an AIM-listed mining company, has received an initial $300,000 funding tranche from its financing partner Gathoni Muchai Investments (GMI) as part of an expanded loan facility to support its planned acquisition of Leopard Exploration and Mining and the Kabwe Zinc Mine in Zambia. The payment marks a key step toward completing the acquisition, which had been delayed due to funding holdups from GMI. Under the revised financing arrangement, GMI has confirmed that… Read More Here

Gold Economy News in Brief

Gold price rises 2.4% as investors seek safety amid US economic and geopolitical uncertainties

October 26, 2025October 26, 2025 Constance

Gold Surges Amid Market Uncertainty, Cementing Its Safe-Haven Status Gold continues to demonstrate its role as a safe-haven asset during periods of instability. By the end of the second week of October 2025, the price of an ounce of gold reached $3,978.10, marking a weekly gain of 2.4%. Several factors contributed to this rise. Markets are pricing in a potential cut in US interest rates, alongside a weaker US dollar. Investor anxiety is further fueled by ongoing concerns over a possible US government shutdown, a scenario that historically heightens market… Read More Here

Corporate News News in Brief Press Release

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority

September 30, 2025September 30, 2025 Constance

Toronto, Ontario–(Newsfile Corp. – September 29, 2025) – Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) announces that the company has closed the private placement offering with Qatar Investment Authority (QIA), as previously announced on September 17, 2025. In accordance with the offering, Ivanhoe Mines has issued 57,516,666 common shares to QIA at a price of C$12.00 per share. Pursuant to the investor rights agreement between the company and Zijin Mining Group Co. Ltd., Zijin has exercised its right to acquire 8,004,800 common shares of Ivanhoe Mines at the same issue… Read More Here

International Gold News in Brief

Galiano Gold Halts Esaase Deposit Operations After Fatal Clashes in Ghana

September 21, 2025September 21, 2025 Constance

Galiano Gold Suspends Esaase Operations Following Community Clashes in Ghana Galiano Gold, listed on the TSX and NYSE American, has temporarily suspended operations at the Esaase deposit of its Asanko gold mine in Ghana following violent clashes between community members and military personnel on September 9. The company explained that the military presence at the mine was part of a state-mandated security intervention coordinated through the Ghana Chamber of Mines. Tensions escalated between the community and security forces, resulting in civil unrest, the tragic death of one individual, and damage… Read More Here

Nickel Battery Metals News in Brief

Global Nickel Prices Rise as EV and Battery Demand Boost Market

September 7, 2025September 7, 2025 Constance

Nickel Prices Climb Amid Rising Demand for Batteries and Electric Vehicles Nickel, a critical metal for batteries and the electromobility industry, continued to gain ground in early September 2025. During the week of September 1–6, the price per ton reached USD 13,297.91, up from USD 13,180.61 the previous week—a modest increase of 0.88%, according to the Ministry of Foreign Trade price listings. This steady rise reflects sustained global demand, driven by the energy transition and the growing adoption of electric vehicles, where nickel is a key component in lithium-ion batteries.… Read More Here

Mining in DRC Economy Gold News in Brief

Congolese Gold Price Sees Modest Uptick Amid Global Market Stability

September 7, 2025September 7, 2025 Constance

Congolese Gold Price Rises to $108.71 per Gram as Global Markets Remain Stable The price of Congolese gold experienced a slight increase on international markets, reaching USD 108.71 per gram for the week of September 1–6, 2025, up from USD 108.10 the previous week. This represents a modest rise of 0.56%, according to the National Commission of Mercuriales. Although contained, this increase reflects the current stability of gold on global stock markets. The precious metal continues to serve as a safe haven amid economic uncertainties and speculative market movements. In… Read More Here