Zambia and Angola Sign Strategic Transport Agreements at Land-Linked Zambia Conference 21 Mining in Zambia Events & Expos Partnership 

Zambia and Angola Sign Strategic Transport Agreements at Land-Linked Zambia Conference

During the Land-Linked Zambia Conference held at Ciela Resort in Lusaka last week, Zambia and Angola signed two landmark agreements to enhance bilateral cooperation in the transport sector. The first is an intergovernmental agreement to develop the 830-kilometre Lobito Corridor, a vital infrastructure project that will link Zambia to Angola’s Atlantic coast. Once completed, the corridor is expected to significantly boost regional trade, improve logistics, and foster economic integration across Southern Africa. The second agreement focuses on aviation, establishing a regulatory framework to facilitate international air travel between the two… Read More Here
Jubilee Metals Boosts PGM Output Through Strategic Partnership in South Africa 22 International Corporate News 

Jubilee Metals Boosts PGM Output Through Strategic Partnership in South Africa

AIM- and AltX-listed Jubilee Metals has signed a 12-month partnership agreement with an undisclosed platinum group metals (PGM) producer to process surplus PGM- and chrome-bearing material from its South African operations. The agreement follows a significant increase in chrome concentrate production, which reached a record 974,659 tonnes for the six months ending December 31, 2024. The rise was driven by the commissioning of two new chrome processing modules at the company’s Thutse operations. The higher chrome output led to an accumulation of PGM-rich surface stock, prompting Jubilee to seek a… Read More Here
Arc Minerals Acquires Chingola Copper Project in Zambia 23 Mining in Zambia Copper New Mining Projects 

Arc Minerals Acquires Chingola Copper Project in Zambia

London-listed Arc Minerals has signed a binding agreement for its Zambian subsidiary, Foreland Minerals, to acquire the Chingola Copper Project in Zambia’s Copperbelt from Brxton Construction. “This acquisition marks another important step in Arc’s strategy to strengthen our footprint in the Zambian Copperbelt. We’ve pursued this highly competitive asset for the past 18 months,” said Arc Chairperson Nick von Schirnding. Located in the north-eastern Copperbelt, the 311 km² licence area sits near major operations such as Vedanta Resources’ Nchanga Mine and Moxico Resources’ Mimbula Mine. The region is noted for… Read More Here
Peru Forecasts Modest Copper Output Growth Amid Global Trade Shifts 24 International Copper 

Peru Forecasts Modest Copper Output Growth Amid Global Trade Shifts

Peru’s copper production is expected to rise by 2% to 4% in 2025, reaching between 2.79 million and 2.85 million metric tons, up from 2.74 million tons in 2024, according to Julia Torreblanca, president of the National Society of Mining, Oil and Energy (SNMPE). Speaking to Reuters during the CESCO and CRU copper conferences in Chile, Torreblanca noted that the Peruvian government is working to streamline the permitting process to enable miners to ramp up production more efficiently. Peru, once the world’s second-largest copper producer, was overtaken by the Democratic… Read More Here
Codelco Output Falls 6% in February as Escondida Rises and Collahuasi Slumps 25 International Copper 

Codelco Output Falls 6% in February as Escondida Rises and Collahuasi Slumps

SANTIAGO – Chile’s state-owned copper giant Codelco saw its copper production drop by 6% year-on-year in February, producing 98,100 metric tons, according to data released by the Chilean Copper Commission (Cochilco) on Thursday. Despite being the world’s top copper producer, Codelco has struggled in recent years to reverse a steady decline in output as it works through operational and project challenges. In contrast, BHP’s Escondida mine – the world’s largest copper mine – reported a 16% increase in production, reaching 113,400 metric tons for the month. Meanwhile, output at Collahuasi,… Read More Here
Gemfields Launches $30M Rights Issue to Bridge Funding Gap 26 Corporate News Gemstones 

Gemfields Launches $30M Rights Issue to Bridge Funding Gap

Johannesburg- and London-listed Gemfields has announced plans to raise approximately $30-million through a fully committed and underwritten rights issue, subject to shareholder approval. The company intends to issue 556.2-million new shares, marking a crucial step to strengthen its short-term financial position amid challenging market conditions. CEO Sean Gilbertson explained that Gemfields had explored external financing options for its wholly owned luxury jewellery brand Fabergé to mitigate an anticipated working capital shortfall. However, these efforts failed to secure timely funding. As a result, the board has recommended proceeding with the rights… Read More Here
Pioneer Lithium Fast-Tracks Uranium Strategy with Advanced Warmbad Project in Namibia 27 International New Mining Projects Uranium 

Pioneer Lithium Fast-Tracks Uranium Strategy with Advanced Warmbad Project in Namibia

ASX-listed Pioneer Lithium has acquired and reviewed a substantial body of historical exploration data for the Warmbad uranium project in Namibia’s southern uranium corridor, significantly advancing its strategy in the nuclear energy space. The data, sourced from the Namibian Ministry of Mines and Energy, confirms widespread, thick zones of uranium mineralisation consistent with alaskite-hosted systems such as those found at the globally significant Rossing mine. Between 2007 and 2009, former operator Xemplar Energy drilled 161 reverse circulation holes and 11 diamond drill holes, totaling 31,685 metres. These campaigns outlined three… Read More Here
Glencore’s DRC Mines Earn Copper Mark for Responsible Mining Practices 28 Mining in DRC Copper Corporate News 

Glencore’s DRC Mines Earn Copper Mark for Responsible Mining Practices

Glencore’s two operations in the Democratic Republic of Congo (DRC)—Kamoto Copper Company (KCC), a joint venture with Gécamines and the DRC government, and Mutanda Mining (MUMI), in which the State holds a 5% stake—have been awarded the Copper Mark, a globally recognised certification for responsible copper production. This achievement follows a rigorous, voluntary assurance process launched in 2024, aimed at certifying sustainable and ethical mining practices. Both KCC and MUMI are located in Lualaba province and produce copper and cobalt. “Participating in the Copper Mark assurance process has helped us… Read More Here
Barrick Gold Eyes Copper Future with Proposed Name Change to Barrick Mining Corp 29 Gold Corporate News International 

Barrick Gold Eyes Copper Future with Proposed Name Change to Barrick Mining Corp

Barrick Gold Corp., the world’s second-largest gold producer and listed on the New York Stock Exchange under the ticker “GOLD,” is signaling a major strategic shift — one that leans heavily into copper. The Canadian mining giant has proposed changing its name to Barrick Mining Corp., dropping “Gold” from its title in a move that underscores its growing focus on copper and its diversification beyond its traditional bullion roots. Barrick is currently investing $6 billion into developing a massive copper project in Pakistan, set to launch in 2028 and operate… Read More Here
Mali’s Mining Revenue Surges 52.5% Despite Drop in Gold Output 30 Gold International 

Mali’s Mining Revenue Surges 52.5% Despite Drop in Gold Output

Mali’s state revenue from gold mining companies surged by 52.5% in 2024, driven by higher tax collection and increased dividend payments following the enforcement of a new mining code, according to a mines ministry document seen by Reuters. The West African nation, one of the continent’s top gold producers, is home to major mining firms including Barrick Gold, B2Gold, Resolute Mining, Endeavour Mining, and Hummingbird Resources. Revenue paid by mining companies to the national treasury rose to 835.1 billion CFA francs ($1.4 billion) in 2024, up from 547.6 billion CFA… Read More Here

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