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Vedanta Explores U.S. Listing for KCM to Raise $1 Billion 21 Mining in Zambia Copper Corporate News Economy 

Vedanta Explores U.S. Listing for KCM to Raise $1 Billion

Constance
Vedanta Resources is exploring a potential U.S. public listing for its Zambian subsidiary, Konkola Copper Mines (KCM), as part of efforts to raise approximately $1 billion to fund mine development. The company has appointed Barclays and Citigroup to advise on a potential initial public offering (IPO), which is still in the early stages. New York is being considered as one of the possible listing locations. While no timeline has been confirmed, the listing is seen as one of the most viable options after previous attempts to secure private investment did… Read More Here
Panama’s President Asserts Control Over Copper Mine Ahead of Restart Talks 22 International Copper 

Panama’s President Asserts Control Over Copper Mine Ahead of Restart Talks

Constance
PANAMA CITY – President Jose Raul Mulino has taken a firm nationalist stance on the future of Panama’s shuttered copper mine, declaring that the asset belongs to the country and any potential reopening will occur under Panamanian terms. Speaking at a weekly press briefing on Thursday, Mulino confirmed that his administration and First Quantum Minerals — the mine’s operator — have begun initial contact to lay the groundwork for formal negotiations. “That mine belongs to Panama, no one else,” Mulino stated. “If the decision is to restart operations, Panama will… Read More Here
Peru’s Antamina Copper Mine Begins Gradual Restart After Fatal Accident 23 International Mining safety 

Peru’s Antamina Copper Mine Begins Gradual Restart After Fatal Accident

Constance
This is a developing story. Updates will follow as more information becomes available. LIMA – Peru’s Antamina copper mine has begun a gradual restart of operations, following a tragic incident earlier this week that left one employee dead and another injured, according to a source close to the company. The mine, located in the Ancash region and jointly owned by Glencore, BHP, Teck Resources, and Mitsubishi, is one of the largest copper producers in Peru. Operations were suspended on Tuesday after an accident occurred at the Yanacancha camp, a key… Read More Here
Trump Administration Fast-Tracks 10 Strategic Mining Projects to Boost U.S. Critical Mineral Supply 24 International Battery Metals New Mining Projects 

Trump Administration Fast-Tracks 10 Strategic Mining Projects to Boost U.S. Critical Mineral Supply

Constance
The Trump administration has fast-tracked ten mining projects across the United States in a major push to increase domestic production of critical minerals and reduce dependence on foreign supply chains. The selected projects—covering copper, lithium, gold, potash, coal, bromine, and phosphate—involve major industry players such as Rio Tinto, Hecla Mining, Albemarle, Warrior Met Coal, and Perpetua Resources. These initiatives form the first wave under President Trump’s executive order aimed at strengthening American mineral independence. Projects approved for expedited federal permitting include: Rio Tinto’s Resolution Copper project in Arizona Perpetua Resources’… Read More Here
Sandvik Secures Record BEV Order for South32's Hermosa Mine in Arizona 25 International Corporate News Mining technology Technology & Innovation 

Sandvik Secures Record BEV Order for South32’s Hermosa Mine in Arizona

Constance
Swedish engineering giant Sandvik has landed its largest-ever order for battery-electric vehicles (BEVs), with ASX- and JSE-listed South32 selecting the company to supply a fleet of underground mining equipment for its Hermosa critical minerals project in Arizona, USA. The order, valued at approximately SEK 750 million, was confirmed in the second quarter of 2025 and includes a combination of battery-electric and conventional underground mining machines. Deliveries will begin in Q4 2026 and extend through 2030, with the majority of equipment scheduled to arrive in 2026 and 2027. “We’re proud that… Read More Here
FQM Reports Q1 Loss Amid Cobre Panamá Shutdown and Weaker Copper Sales 26 International Copper Corporate News 

FQM Reports Q1 Loss Amid Cobre Panamá Shutdown and Weaker Copper Sales

Constance
TSX-listed First Quantum Minerals has posted a net loss of $23 million, or $0.03 per share, for the quarter ending March 31, despite achieving an adjusted profit of $2 million. The results reflect ongoing challenges from lower sales volumes, continued costs at the idled Cobre Panamá mine, increased financing and tax expenses, and foreign exchange impacts. The company recorded a gross profit of $331 million and EBITDA of $377 million in Q1. However, the monthly expenditure of approximately $13 million at the suspended Cobre Panamá mine continues to weigh on… Read More Here
Barrick Gold Sells Assets and Pivots to Copper as Bullion Prices Soar 27 International Copper Corporate News Gold 

Barrick Gold Sells Assets and Pivots to Copper as Bullion Prices Soar

Constance
Barrick Gold, one of the world’s leading gold producers, is seizing the opportunity presented by record-high gold prices to streamline its portfolio and pivot more aggressively toward copper mining. On Tuesday, the company announced the sale of its 50% stake in the Donlin gold project in Alaska to billionaire investor John Paulson and Novagold Resources for $1 billion—well above Toronto-Dominion Bank’s estimated $600 million valuation. This move is part of a broader strategy to divest non-core assets while gold prices remain elevated. Barrick has also hinted at additional asset sales,… Read More Here
Antamina Suspends Operations After Fatal Accident at Yanacancha Camp 28 International Mining safety 

Antamina Suspends Operations After Fatal Accident at Yanacancha Camp

Constance
Antamina, Peru’s largest copper and zinc mining operation, has temporarily shut down all activities after a tragic accident at its Yanacancha camp in Huari, Ancash, led to the death of a senior manager and left another employee injured. In an official statement, the Antamina Mining Company said:“This is a difficult time for all of us at Compañía Minera Antamina. We regret to inform you that, due to an accident, Mr. Edwin Colque Calisaya, our Senior Operations Manager, has passed away. Another colleague from the same division, Mr. Yorhinio León Robles,… Read More Here
Angola to Anchor New Africa-Latin America Copper Route 51 Copper Angola Mining in DRC Transport and Logistics 

Angola to Anchor New Africa-Latin America Copper Route

Constance
The multinational company PLASFER, which specializes in raw material exports, is advancing administrative and technical processes to leverage the Lobito Corridor as a “New Copper Industry Export Route.” This strategic logistics route aims to connect the Democratic Republic of Congo (DRC), Angola, Latin America, and Europe. PLASFER has spent over three years developing an innovative project in the DRC, in collaboration with partners across Europe and the Americas. The company considers this new logistics initiative one of the most significant developments in African trade in the past 50 years, as… Read More Here

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