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Category: Press Release

Ivanhoe Mines announces redemption of $575 million 2.50% convertible senior notes due 2026 1 Press Release International 

Ivanhoe Mines announces redemption of $575 million 2.50% convertible senior notes due 2026

Constance
Ivanhoe will reduce debt to below $150 million following redemption of the convertible notes VANCOUVER, CANADA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) (“Ivanhoe Mines” or the “Company”) has announced that it will redeem all of its outstanding 2.50% Convertible Senior Notes due 2026 (the “Notes”) on July 11, 2024 (the “Redemption Date”) at a price equal to 100% of the principal amount of the Notes redeemed plus accrued and unpaid interest on such Notes to, but not including, the Redemption Date (the “Redemption Price”). As at April 29, 2024,… Read More Here
ZCCM-IH Clarifies Misleading Claims Regarding Royalty Transactions with Kansanshi Mine 2 Mining in Zambia Copper Press Release 

ZCCM-IH Clarifies Misleading Claims Regarding Royalty Transactions with Kansanshi Mine

Constance
ZCCM Investments Holdings Plc (ZCCM-IH) has issued a statement to address recent misinformation circulating on social media platforms concerning its royalty transactions with Kansanshi Mine. The company unequivocally refutes the claims made in the video/audio content, asserting that they are misleading, inaccurate, and lacking factual basis. First and foremost, ZCCM-IH emphasizes that it is not a shareholder in First Quantum Minerals (FQM) Group. Instead, the company holds an interest in Kansanshi Mine, where FQM is the majority shareholder. It is crucial to understand that the figures presented in the misleading… Read More Here
Ivanhoe Electric and Saudi Arabian Mining Company Ma’aden Complete First Full Quarter of Exploration Activities in Saudi Arabia 3 International Press Release 

Ivanhoe Electric and Saudi Arabian Mining Company Ma’aden Complete First Full Quarter of Exploration Activities in Saudi Arabia

Constance
Ivanhoe Electric and Saudi Arabian Mining Company Ma’aden Complete First Full Quarter of Exploration Activities in Saudi Arabia Initial 76 km2 Typhoon™ Survey on the Umm Ash Shalahib Exploration License Surrounding Ma’aden’s Al Amar Gold-Copper-Zinc Mine is Complete Computational Geosciences Rapidly Processed the Initial Typhoon™ Results and Identified Two High Priority Anomalies for Drill Testing Construction and Delivery of the First of Three New Generation Typhoon™ Units Ordered by the Joint Venture is Complete Next Stage Mapping and Sampling Commencing on Additional Joint Venture Lands in the Al Amar and Wadi… Read More Here
MMG releases 2024 First Quarter Production Report 4 International Press Release Zinc 

MMG releases 2024 First Quarter Production Report

Constance
MMG Limited (MMG, the Company) yesterday 23rd April released its First Quarter Production Report for the three months ended 31 March 2024, producing 67,129 tonnes of copper and 59,247 tonnes of zinc. This follows the completion of the acquisition of the Khoemacau mine for an effective Enterprise Value of US$ 1,875 million, last month. This important acquisition aligns to MMG’s vision of creating a leading international mining company for a low carbon future and will create meaningful long-term value for MMG shareholders. MMG Interim CEO Liangang Li, noted: “Total copper… Read More Here
Ivanhoe Mines publishes 7th Annual Sustainability Report 5 Mining in DRC Press Release 

Ivanhoe Mines publishes 7th Annual Sustainability Report

Constance
The 2023 Sustainability Report underscores Ivanhoe’s commitment to “Mining with a greater purpose” and its pursuit to be a global leader in responsible mining JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Yesterday published its seventh annual Sustainability Report, summarizing the company’s sustainability achievements, activities, and results during 2023. Ivanhoe Mines’ sustainability strategy is shaped by our ethos of “Mining with a greater purpose”. Ivanhoe aims to provide both the critical metals needed for the energy transition, as well as be an innovator in its approach to mining. The 2023 Sustainability… Read More Here
BEMETALS REPORTS FURTHER POSITIVE COPPER INTERVALS FROM 2023 6 Mining in Zambia Copper Press Release 

BEMETALS REPORTS FURTHER POSITIVE COPPER INTERVALS FROM 2023

Constance
BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) is has announced the remaining drilling results from its 2023 exploration program at the Pangeni Copper Project in Zambia (the “Project” or the “Property”).   A new phase of core drilling has recently commenced to identify additional zones of higher-grade copper and expand the footprint of the mineralization within the priority D-Prospect area. Highlights: .D14-C1: Returned multiple zones of copper mineralization from a shallow, approximately 70 metres, vertical depth .D14-C1: Interval 1: 69.41 metres grading 0.25 % copper (“Cu”),… Read More Here
Electra and Eurasian Resources Group Sign Cobalt Supply Agreement 7 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 8 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 9 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 10 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

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