Breaking News
Chile president wants copper output boost of 1Mt by 2026 1 International Copper News in Brief 

Chile president wants copper output boost of 1Mt by 2026

Constance
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 million metric tons by the end of his term in 2026. “We have to take advantage of this super-cycle of copper that has been spoken of positively in recent days,” he said at an event, adding that he was referring to state-run miner Codelco as well as privately run operations in the country that is the world’s top copper producer. SOURCE:mining.com Read More Here
ZESCO Expands Last Mile Connection Project to Boost Electricity Access in Lusaka 2 Mining in Zambia Electricity Energy 

ZESCO Expands Last Mile Connection Project to Boost Electricity Access in Lusaka

Constance
Amidst the ongoing challenges of load shedding, ZESCO Limited is leading efforts to strengthen community resilience in Lusaka through the Lusaka Transmission and Distribution Rehabilitation Project (LTDRP). The project, which initiated its Last Mile connections on March 11th, 2024, aims to address issues within the 400V low voltage distribution network. Matongo Maumbi, Company Spokesperson, underscored the significance of this critical phase in enhancing the reliability and flexibility of the network. The initiative targets eight key townships, including Mtendere East, Chainda, Kamanga, Ngwerere, Mandevu, Garden Compound, John Howard, and Chawama, benefiting… Read More Here
Anglo’s stumbles have made it prey for mining’s biggest predator 3 International Copper Mining Companies 

Anglo’s stumbles have made it prey for mining’s biggest predator

Constance
When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day. Two years later, the company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP Group is moving in. BHP’s proposal to… Read More Here
Incident at Glencore's Copper Smelter Sparks Concerns from Australian Workers' Union 4 International Copper Mine Safety 

Incident at Glencore’s Copper Smelter Sparks Concerns from Australian Workers’ Union

Constance
The Australian Workers’ Union (AWU) has raised serious concerns following an incident at Glencore’s copper smelter in Mount Isa, which left two workers critically injured. AWU Queensland secretary Stacey Schinnerl expressed deep concern over the incident, stating, “Tough questions need to be asked about how an incident like this has occurred.” According to reports, the contract workers were at the Mount Isa Mines copper smelter when a steam vent opened adjacent to their work area. The incident occurred on Thursday and resulted in severe injuries to the workers. ABC News… Read More Here
Workers in Mozambique block entrance to ruby mine 5 International News in Brief 

Workers in Mozambique block entrance to ruby mine

Constance
One hundred workers from the logistics company REEF blocked the main entrance of the camp and the mine area where the company FURA’s ruby washing plant is located, in the Montepuez district, Cabo Delgado. The issue at hand is a debt of 17 million meticais owed by the REEF company. According to António Ramalho, secretary of the local union committee, workers have not received their wages for three months, and this is the way they found to pressure REEF to honor its commitments. The REEF representative, Rui Frederico, says the… Read More Here
Anglo American Rejects BHP's Unsolicited Proposal 6 International Copper 

Anglo American Rejects BHP’s Unsolicited Proposal

Constance
Anglo American plc has officially rejected the unsolicited, non-binding, and highly conditional combination proposal from BHP Group Limited, following careful consideration by its Board. The Proposal involved an all-share offer for Anglo American by BHP, contingent upon Anglo American completing two separate demergers of its entire shareholdings in Anglo American Platinum Limited and Kumba Iron Ore Limited to Anglo American shareholders. These transactions were inter-conditional. After thorough evaluation with its advisers, the Board concluded that the Proposal significantly undervalues Anglo American and its future prospects. Additionally, the proposed structure was… Read More Here
Copper’s new cycle: from women to the world 7 Uncategorized Copper Environment Social Governance (ESG) Mining in Zambia 

Copper’s new cycle: from women to the world

arnbethnic
A Kansanshi-supported value addition initiative has blossomed into a jewellery studio that’s building women’s careersIt’s 7am and 13 young women are seated around a table in the centre of Nsanshi Art’s spacious workshop, sunlight streaming through the wide windows. Clamps and jeweller’s saws and torches lie on workstations around them, waiting for the work day to start, when they will turn scraps of discarded copper into custom-made jewellery and other value-added products. These women are the latest students in Nsanshi Art’s two-year training programme, during which they will learn a set… Read More Here
𝗕𝗛𝗣, 𝗧𝗛𝗘 𝗪𝗢𝗥𝗟𝗗 '𝗦 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗢𝗠𝗣𝗔𝗡𝗬 𝗪𝗔𝗡𝗧𝗦 𝗧𝗢 𝗕𝗨𝗬 𝗔𝗡𝗚𝗟𝗢 𝗔𝗠𝗘𝗥𝗜𝗖𝗔𝗡 8 International 

𝗕𝗛𝗣, 𝗧𝗛𝗘 𝗪𝗢𝗥𝗟𝗗 ‘𝗦 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗢𝗠𝗣𝗔𝗡𝗬 𝗪𝗔𝗡𝗧𝗦 𝗧𝗢 𝗕𝗨𝗬 𝗔𝗡𝗚𝗟𝗢 𝗔𝗠𝗘𝗥𝗜𝗖𝗔𝗡

Constance
BHP Group Limited , the biggest mining company in the world by market capitalization ,has made a move to acquire Anglo American, De Beers parent company. Anglo American,a diversified mining and metals giant owns 85 percent of De Beers Group, while 15 percent is owned by Government of Botswana. In a statement today Anglo American , headquartered in the United Kingdom ,confirmed that it is has received an unsolicited, non-binding and highly conditional combination proposal from BHP Group Limited (BHP). The proposal comprises an all-share offer for Anglo American by… Read More Here
Anglo American confirms non-binding offer from BHP 9 International 

Anglo American confirms non-binding offer from BHP

Constance
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group. The company issued a statement after Bloomberg reported that BHP, the world’s biggest miner, was considering a potential takeover offer for Anglo. The proposal comprises an all-share offer for Anglo American by BHP and would be preceded by separate demergers by Anglo American of its entire shareholdings in Anglo American Platinum Ltd. and Kumba Iron Ore Ltd. to Anglo American shareholders, Anglo said. SOURCE:mining.com Read More Here
Eurasian Resources Group Denies Accusations of Subcontracting Fraud in the DRC 10 Mining in DRC Cobalt 

Eurasian Resources Group Denies Accusations of Subcontracting Fraud in the DRC

Constance
Eurasian Resources Group (ERG) has refuted allegations of attempting to circumvent subcontracting laws in the Democratic Republic of Congo (DRC), aimed at promoting local ownership in the mining sector and fostering economic benefits. In response to Congo government’s accusations of presenting nine subcontracting companies as majority partners with fictitious shares to evade the requirement of Congolese shareholders owning 50% of subcontracting shares, ERG issued a statement denying any involvement in illicit activities. The Regulatory Authority for Subcontracting in the Private Sector revealed that over $535 million in sales had been… Read More Here

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