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Category: Press Release

Kansanshi Mining PLC Condemns Alleged Misconduct and Supports Investigation 1 Mining in Zambia Copper Press Release 

Kansanshi Mining PLC Condemns Alleged Misconduct and Supports Investigation

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(Solwezi, Zambia) – 13.01.25 Kansanshi Mining PLC is aware of serious allegations circulating on social media relating to construction contractors temporarily attached to our operations.Kansanshi Mining PLC condemns in the strongest possible terms any form of abuse, exploitation, or behaviour that violates the rights and dignity of individuals, particularly vulnerable members of our community. We are deeply concerned about the allegations and want to reassure the public that we take these matters with the utmost seriousness. As a responsible corporate citizen, we are cooperating fully with the police and relevant… Read More Here
Ivanhoe Mines provides update to 2025 capital expenditure guidance 2 Mining in DRC Copper Corporate News Press Release 

Ivanhoe Mines provides update to 2025 capital expenditure guidance

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Ivanhoe Mines’ (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete announced the company’s fourth quarter and full-year production results for the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) and the ultra-high-grade Kipushi zinc mine, also in the DRC. In addition, the company has announced its 2025 production guidance for Kamoa-Kakula and Kipushi, as well as updated 2025 group capital expenditure guidance. Kamoa-Kakula delivered record production in 2024 of 437,061 tonnes of copper in concentrate, a 12% year-on-year increase, following the ramp up… Read More Here
Ivanhoe Mines Launches an Offering of US$600,000,000 Senior Notes Due 2030 3 Mining in DRC Corporate News News in Brief Press Release 

Ivanhoe Mines Launches an Offering of US$600,000,000 Senior Notes Due 2030

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Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announces that it has commenced an offering (the “Offering”) of an aggregate principal amount of US$600,000,000 senior notes due 2030 (the “Notes”). The Notes will be senior unsecured obligations of the company and will be guaranteed on a senior basis by certain of the company’s subsidiaries (the “Guarantors”). In connection with the Offering, the company entered into a US$120.0 million revolving credit facility agreement dated December 22, 2024, with, amongst others, the Guarantors and the lenders named therein. The gross proceeds from the Offering… Read More Here
Barrick’s Pueblo Viejo Remains Committed to Fair Resettlement Process 4 International Gold Press Release 

Barrick’s Pueblo Viejo Remains Committed to Fair Resettlement Process

Constance
 The Barrick operated Pueblo Viejo mine has said it remained committed to an equitable Resettlement Action Plan required to advance the development of the El Naranjo Tailings Storage Facility, which will help extend the life of the mine beyond 2040 while sustaining gold production above 800,000 ounces a year. Barrick’s Dominican Republic country manager, Juana Barcelo, said Pueblo Viejo has been working closely and transparently with those community members who will need to be resettled, including on issues such as the development of the host site, the construction of houses,… Read More Here
Barrick International Gold Press Release 

Barrick Update on Mali Operations

Constance
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) reports that although it had previously agreed on a framework to achieve a global resolution of the disputes with the Government of Mali over the Loulo-Gounkoto complex, it has to date been unsuccessful in arriving at a final resolution despite numerous good-faith attempts to negotiate and a willingness to compromise beyond its legal rights. Barrick has engaged constructively with the Malian government and its external advisors over the past 12 months, addressing their requests for an increased share of the economic benefits generated by Loulo-Gounkoto. Notably,… Read More Here
President Biden visits Lobito Atlantic Railway to view copper exports to the USA 5 Transport and Logistics Angola Mining in DRC Mining in Zambia Press Release 

President Biden visits Lobito Atlantic Railway to view copper exports to the USA

Constance
Lobito, December 4, 2024 – The President of the United States of America, Joe Biden, visited the Multipurpose Terminal at the Port of Lobito, Angola yesterday, where he watched the arrival of a train operated by the Lobito Atlantic Railway (LAR), transporting copper from the Democratic Republic of Congo (DRC).  The copper was then loaded onto a vessel bound for New Orleans, in the United States, highlighting, once again, the strategic role of the Lobito Corridor in linking Southern Africa and international markets. Nicolas Gregoir, Director of Operations (COO) at LAR, presented to… Read More Here
MIMOSA RESOURCES AND MKUSHI TRADITIONAL LEADERS INSPIRED BY FQM’S BLUEPRINT FOR SUSTAINABLE MINING  6 Mining in Zambia Copper Corporate News Press Release 

MIMOSA RESOURCES AND MKUSHI TRADITIONAL LEADERS INSPIRED BY FQM’S BLUEPRINT FOR SUSTAINABLE MINING 

Constance
Mimosa Resources and the traditional leadership from Chief Chitina’s chiefdom in Mkushi have expressed appreciation of First Quantum Minerals’ (FQM) blueprint for sustainable mining in Zambia following a tour of its Kansanshi Mine in Solwezi District, North-Western Province. The familiarisation tour was recently undertaken as part of wider stakeholder engagement efforts by Mimosa Resources to foster collaboration between traditional leaders, mining operators, and the local community for its Kashime Copper Project in Mkushi, underscoring its dedication to creating a model of mining that balances economic growth with environmental and social… Read More Here
Anglo American Highlights the Vital Role of Zambian Capital Markets for Mining Sector Growth 7 Mining in Zambia Cobalt Copper Events & Expos Press Release 

Anglo American Highlights the Vital Role of Zambian Capital Markets for Mining Sector Growth

Constance
A strong and vibrant local capital market is essential to attract foreign institutional investors to Zambia’s mining sector, said Norman Mbazima, senior Anglo American executive for the last 20 years and Chairman of Anglo American Platinum. Speaking at the Zambian Mining and Investment Insaka last week, Mr Mbazima underscored the critical importance of creating a conducive investment climate to unlock the country’s mining potential. Participating in a panel discussion titled “Mining Beyond Copper: What’s in it for Zambia?”, Mr Mbazima joined a group of esteemed experts to explore the past,… Read More Here
FQM AND THE MINISTRY OF TOURISM PARTNER TO ADVANCE CONSERVATION EFFORTS IN ZAMBIA 8 Mining in Zambia Copper Environment Social Governance (ESG) Press Release 

FQM AND THE MINISTRY OF TOURISM PARTNER TO ADVANCE CONSERVATION EFFORTS IN ZAMBIA

Constance
The Zambian government has commended First Quantum Minerals (FQM) for its commitment to environmental stewardship, citing the company’s robust environmental management system that safeguards the environment during mining operations. This recognition follows a recent meeting between the Ministry of Tourism and First Quantum, in which both parties discussed a collaborative approach to enhancing conservation efforts within the country. Ministry of Tourism Permanent Secretary Evans Muhanga expressed his satisfaction with the mining firm’s commitment to conservation.He acknowledged the vital role that mining companies play in the Zambian economy and stressed the… Read More Here
Caterpillar and IMA Engineering forge innovative collaboration for next-gen mining efficiency 9 International Mining Equipment Press Release 

Caterpillar and IMA Engineering forge innovative collaboration for next-gen mining efficiency

Constance
IRVING, Texas, October 7, 2024 – Caterpillar Inc. (NYSE: CAT), a global leader in construction and mining equipment, is excited to announce a new alliance with IMA Engineering to enhance Caterpillar’s innovative Cat® Precision Mining initiative. This collaboration aims to use cutting-edge technology to provide real-time, detailed information about ore, the raw material extracted in mining, enabling sites to improve the efficiency and accuracy of mining operations. CatPrecision Mining is Caterpillar’s advanced vision to improve every step of the mining process, from extraction to processing. By incorporating real-time data and… Read More Here

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