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Category: Press Release

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement 1 International Battery Metals Cobalt Lithium Press Release 

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

Constance
Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group (“ERG”, “The Group”), a leading diversified natural resources group headquartered in Luxembourg, announced today that they have signed a binding letter of intent for the long-term supply of ERG’s cobalt hydroxide to North America’s first battery grade cobalt sulfate refinery. This transaction supports efforts to onshore the battery supply chain and reduce reliance on foreign refiners. .Starting from 2026, under the three-year supply agreement, ERG will deliver 3,000 tonnes per annum of IRA-compliant cobalt to Electra’s… Read More Here
FQM COMMITS TO STRENGTHENING LOCAL PROCUREMENT AND CAPACITY BUILDING 2 Mining in Zambia Economy Press Release 

FQM COMMITS TO STRENGTHENING LOCAL PROCUREMENT AND CAPACITY BUILDING

Constance
First Quantum Minerals Ltd has reaffirmed its dedication to fostering local economic development through enhanced procurement strategies and supplier capacity building. This commitment was underscored during a visit to the company’s Trident project this week by senior representatives of the Zambia Association of Manufacturers (ZAM). This senior delegation included the ZAM President, Board Members, and the organisation’s CEO.In line with the government’s drive to support local businesses and communities, First Quantum is prioritising local procurement initiatives and actively engaging with local suppliers. “We believe that local procurement is essential for… Read More Here
GHH to expand in Türkiye and beyond 3 International Mining Equipment Press Release 

GHH to expand in Türkiye and beyond

Constance
The German manufacturer of machines for mining and tunnelling industries GHH has agreed a partnership with the Japanese machine and truck distributor Marubeni Dağıtım ve Servis in Türkiye. This opens up growth opportunities for both companies far beyond the country’s borders. In addition to its geopolitical importance, Türkiye has numerous mineral resources, including copper, iron ore, coal and chrome, as well as the world’s largest boron deposits. These resources have helped to make the country an important player and hub in the global commodities market. As one of the major… Read More Here
Paratus Group provides resilient network capacity solutions 4 Technology & Innovation International Press Release 

Paratus Group provides resilient network capacity solutions

Constance
Multiple outages on undersea cables are disrupting internet and online services and have been affecting millions of people in Africa for the past two weeks. This disruption could have far-reaching consequences not only for commercial operations and personal communications but also for the healthcare and education sectors. The recent outages have been caused by cuts affecting the undersea cables near Abidjan, Côte d’Ivoire, namely the West Africa Cable System (WACS), the Africa Coast to Europe (ACE), MainOne and SAT3 cables. These submarine cable systems play a critical role in connecting… Read More Here
Kitoko – Ivanhoe’s New High-Grade Copper Discovery 5 Mining in DRC Copper Press Release 

Kitoko – Ivanhoe’s New High-Grade Copper Discovery

Constance
In late 2023, Ivanhoe Mines announced a significant, high-grade copper discover in the Western Foreland, adjacent to the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). The discover, coined Kitoko, means “beautiful” or “gift” in several local languages spoken throughout the DRC. This exciting discovery confirms the presence of a significant high-grade copper mineralizing system between 1,000 meters and 1,140 metres below the surface. Kitoko is a fine-grained copper mineralization hosted in flat-lying siltstone in the lower Grand Conglomerate, like Kamoa, Kakula, Makoko, and Kiala deposits, with the… Read More Here
Barrick Hunts New Gold and Copper Prospects in DRC From Kibali Base 6 Mining in DRC Copper Gold Mining Projects Press Release 

Barrick Hunts New Gold and Copper Prospects in DRC From Kibali Base

Constance
 Based on the success of Kibali, which Barrick has built into Africa’s largest gold mine, the company is ready to invest in new gold and copper opportunities in partnership with the government of the DRC, says president and chief executive Mark Bristow. Speaking to media at a site visit to the mine, Bristow said Kibali was on track for another value-creating year on the back of a strong production performance. It was also well set to replace the ounces that were being depleted by mining with more of the same… Read More Here
Barrick Opens Academy at Closed Buzwagi Mine 7 Gold International Press Release 

Barrick Opens Academy at Closed Buzwagi Mine

Constance
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has officially opened its world class training academy at the old Buzwagi mine, in line with Barrick’s mine closure objective of leaving a positive legacy after mining has finished. Launched today, the Barrick Academy is designed to offer tailor-made training programs aimed at developing Barrick’s frontline managers to grow both as individuals and as leaders in their fields, while equipping them with the skills to manage their teams more effectively and to improve performance. The Barrick Academy will be training more than 2,000 foremen, supervisors and… Read More Here
Barrick to Grow Production and Value on Global Asset Foundation 8 Gold Copper International Press Release 

Barrick to Grow Production and Value on Global Asset Foundation

Constance
Barrick’s peerless gold and rapidly growing copper portfolios now extend across all the major gold and copper districts worldwide, providing the company with a solid base from which to grow its production and value, directed by a proven strategy and supported by a broad spectrum of skills, says president and chief executive Mark Bristow in the 2023 Annual Report published today. “Discovery and development are the true drivers of value and our strong focus on exploration is evident in our widespread hunt for new discoveries with Tier One1 potential as… Read More Here
Ivanhoe Electric to Implement Advanced Software at Tintic Copper-Gold-Silver Project 9 Technology & Innovation Copper Exploration Gold International Mining technology Press Release 

Ivanhoe Electric to Implement Advanced Software at Tintic Copper-Gold-Silver Project

Constance
Ivanhoe Electric Announces Application of Latest Computational Geosciences Inc. Software at Tintic Copper-Gold-Silver Project in Utah Recent Advancements in CGI’s Machine Learning-based Software Improve Quality and Speed of Typhoon™ Data Processing Updated Interpretation of Typhoon™ Survey Data at Tintic Resulted in Refined Drill Targets Ivanhoe Electric and CGI Are Utilizing the Latest Software in Recent U.S. Surveys and in the Company’s Saudi Arabian Exploration Joint Venture with Ma’aden PHOENIX, ARIZONA – Ivanhoe Electric Inc. (“Ivanhoe Electric”) (NYSE American: IE; TSX: IE) and its subsidiary, Computational Geosciences Inc. (“CGI”), are pleased to… Read More Here
ZCCM-IH Shareholders Unanimously Approve the Mopani Copper Mines Transaction 10 Mining in Zambia Copper Press Release 

ZCCM-IH Shareholders Unanimously Approve the Mopani Copper Mines Transaction

Constance
ZCCM Investments Holdings Plc (ZCCM-IH) shareholders have unanimously approved the Mopani Copper Mines Plc (Mopani) transaction where Delta Mining Limited (Delta), a subsidiary of International Resource Holdings (IRH), has agreed to acquire a 51% shareholding in Mopani for a total investment of up to US$1.1 billion. The approval was given at the Shareholder’s Extraordinary General Meeting (EGM) held in Lusaka on 23rd February 2024. ZCCM-IH will retain 49% shares in Mopani, with 3 out of 9 board seats (5 by Delta and 1 by GRZ), and thus continue to participate… Read More Here

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