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ReeXploration Discovers Promising Uranium Target at Eureka Project in Namibia 1 International New Mining Projects Uranium 

ReeXploration Discovers Promising Uranium Target at Eureka Project in Namibia

Constance
ReeXploration Identifies High-Grade Uranium Prospect Along Namibia’s “Alaskite Alley” Canadian-listed ReeXploration Inc. has identified a significant new uranium exploration target at its Eureka Project in the Erongo mining district, confirming the area’s potential to host Rössing-style uranium mineralisation along Namibia’s renowned “Alaskite Alley.” The discovery lies immediately southwest of the Eureka Dome, where the company already holds a defined rare earth element (REE) resource. Airborne surveys and fieldwork revealed a 6.5 by 3.5-kilometre zone of high uranium and low thorium radiometric response, a classic indicator of leucogranite-hosted uranium systems. Uranium… Read More Here
US Adds 10 Minerals to Critical List to Boost Domestic Production and Security 2 International Battery Metals 

US Adds 10 Minerals to Critical List to Boost Domestic Production and Security

Constance
US Designates Copper, Metallurgical Coal, and 8 More Minerals as Critical for Economy and National Security The Trump administration has added 10 minerals to the United States’ official list of materials deemed critical for the economy and national security, including copper and metallurgical coal, according to a Reuters report. The Department of the Interior’s critical minerals list guides federal investment and permitting decisions while shaping the government’s broader mineral strategy. The expansion aims to increase domestic mining output and reduce reliance on imports, particularly from China. The critical minerals list… Read More Here
EITI International Team Visits Kansanshi Mine as Part of Zambia’s Transparency Validation 3 Mining in Zambia Copper Corporate News 

EITI International Team Visits Kansanshi Mine as Part of Zambia’s Transparency Validation

Constance
Zambia’s Kansanshi Mining Hosts EITI Delegation in Ongoing Transparency and Governance Review A delegation from the Extractive Industries Transparency Initiative (EITI) International Secretariat visited Kansanshi Mining PLC in Solwezi as part of Zambia’s ongoing EITI Validation process. The exercise evaluates how effectively Zambian mining companies and government institutions adhere to global standards of transparency and governance in the extractive sector. The visiting team included Ahmed Zouari, Validation Lead; Edwin Wuadom Warden, EITI Country Manager; Sebastian Sahla, EITI Policy Manager; and Nyasha Vera, EITI Communications Officer. They were joined by Zambia… Read More Here
Shanta Gold Uncovers $5.28 Billion Underground Gold Deposits in Western Kenya 4 International Corporate News Gold 

Shanta Gold Uncovers $5.28 Billion Underground Gold Deposits in Western Kenya

Constance
$5.28 Billion Gold Reserves Discovered in Western Kenya’s Lirhanda Corridor, Boosting Mining Investment A British mining company, Shanta Gold Kenya Limited, announced on Wednesday the discovery of extensive underground gold deposits in Kakamega County, western Kenya, estimated to be worth more than $5.28 billion (Sh683 billion). Officials have described the find as a historic milestone for Kenya’s mineral sector. The discovery was made in the Lirhanda Corridor, a 1,200-kilometer mineral belt spanning Kakamega and Vihiga counties, following years of intensive exploration and drilling. “The project aims to secure the necessary… Read More Here
Barrick Mining Boosts Dividends and Launches Operational Review Amid Record Free Cash Flow 5 Corporate News Gold International 

Barrick Mining Boosts Dividends and Launches Operational Review Amid Record Free Cash Flow

Constance
Barrick Mining Reports $1.5B Free Cash Flow, Increases Dividend and Launches Nevada-Pueblo Viejo Operational Review Barrick Mining has used the first quarter following the unexpected resignation of CEO Mark Bristow to announce an operational review and measures to return capital to shareholders, supported by record free cash flow. The company reported $1.5 billion in free cash flow for the three-month period, driven by soaring gold prices that hit all-time highs in US dollars. In response, Barrick increased its base dividend and expanded its share buyback program. “This strong cash flow… Read More Here
President Hichilema Urges Faster Completion of Tanzania-Zambia Power Interconnector 6 Mining in Zambia Energy 

President Hichilema Urges Faster Completion of Tanzania-Zambia Power Interconnector

Constance
Zambia Calls for Accelerated Tanzania-Zambia Power Interconnector to Address Mining Sector Energy Shortage President Hakainde Hichilema has expressed concern over the slow progress of the Tanzania-Zambia power interconnector project, emphasizing that Zambia urgently needs electricity that Tanzania currently has in surplus. Speaking during a bilateral meeting with a European Union delegation on Wednesday, President Hichilema stressed that the project is critical for Zambia’s growing economy and energy security. “We appreciate your support, but we are seriously concerned about the pace. Tanzania has excess power, and we need it here—we can… Read More Here
EU Commits €50 Million to Rehabilitate Zambia’s Livingstone–Ndola Railway 7 Mining in Zambia Transport and Logistics 

EU Commits €50 Million to Rehabilitate Zambia’s Livingstone–Ndola Railway

Constance
EU Funds Livingstone–Ndola Railway Rehabilitation to Boost Zambia’s Regional Trade and Mining Logistics The European Union has committed €50 million to rehabilitate the railway line from Livingstone to Ndola, a major investment expected to strengthen regional trade corridors and reduce transport costs across Zambia and Southern Africa. The announcement followed a tour of the Ngwerere–Lusaka rail section by European Commissioner for International Partnerships Jozef Sikela, who reiterated the EU’s long-standing support for Africa’s infrastructure development agenda. “Modernising Zambia’s logistics infrastructure will strengthen not only the country’s economy but also Europe’s… Read More Here
Tin Prices Rise as Most Congolese Minerals Decline in Weekly Market Update 8 Mining in DRC Cobalt Copper News in Brief Tin 

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

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
Ghana Scraps VAT on Mineral Exploration to Revitalise Mining Investment 9 International 

Ghana Scraps VAT on Mineral Exploration to Revitalise Mining Investment

Constance
Ghana Abolishes 15% VAT on Mineral Exploration to Attract New Mining Investment in 2026 Budget Ghana will eliminate value-added tax (VAT) on mineral exploration and reconnaissance activities to stimulate new investment in its mining sector, Finance Minister Cassiel Ato Forson announced during the presentation of the 2026 national budget. The move is part of the country’s broader effort to revive a sector that has struggled to attract significant greenfield projects for more than two decades. The 15% VAT was introduced 25 years ago as part of wider fiscal reforms and… Read More Here
Zambia’s Energy Reforms Attract EU Investors as President Hichilema Calls for Increased Private Sector Participation 10 Mining in Zambia Energy 

Zambia’s Energy Reforms Attract EU Investors as President Hichilema Calls for Increased Private Sector Participation

Constance
Zambia’s Energy Sector Reforms Spark Renewed Investor Interest, Hichilema Says President Hakainde Hichilema says the reforms his administration has introduced across key sectors are creating new investment opportunities that did not exist before, particularly within the energy industry. He noted that policy measures such as Open Access and Net Metering have opened the power sector to greater private sector participation in both electricity generation and supply. Speaking at State House during a meeting with Zambia’s Honorary Consuls to several European Union countries—who were accompanied by a delegation of private sector… Read More Here

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