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Shuka Minerals Moves Closer to Full Acquisition of Zambia’s Kabwe Zinc Mine 21 Mining in Zambia Corporate News Mergers & Acquisitions Zinc 

Shuka Minerals Moves Closer to Full Acquisition of Zambia’s Kabwe Zinc Mine

Constance
Shuka Minerals to Receive Remaining Funds for Kabwe Zinc Mine and LEM Acquisition in December Aim- and AltX-listed Shuka Minerals has confirmed that it expects to receive the remaining funds needed to finalize its acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine in central Zambia this month—slightly later than originally planned. In a December 1 update, the company said it had already completed the initial payment tranche, securing a 22.2% stake in LEM and the Kabwe project. However, subsequent payments from Gathoni Muchai Investments (GMI) are… Read More Here
Barrick Considers IPO of North American Gold Assets Amid Rising Costs and Investor Pressure 22 International Corporate News Gold 

Barrick Considers IPO of North American Gold Assets Amid Rising Costs and Investor Pressure

Constance
Barrick Mining Weighs IPO of North American Gold Assets as Operational Challenges Mount Barrick Mining (TSX: ABX; NYSE: GOLD) is considering an initial public offering (IPO) of its North American gold assets as the company confronts rising costs and a series of operational setbacks. In a statement, the board said it has unanimously authorized management to explore the creation and listing of a new subsidiary that would house key North American operations. Barrick would retain control of the proposed company, while listing only a small minority interest. The unit would… Read More Here
Zijin Mining Founder Chen Jinghe Steps Down After Decades of Transformative Growth 23 International Corporate News Mining Personality 

Zijin Mining Founder Chen Jinghe Steps Down After Decades of Transformative Growth

Constance
After Reaching $100B Valuation, Zijin Mining Founder Chen Jinghe Hands Over Leadership Zijin Mining Group Co. founder Chen Jinghe will step down as chairman after guiding the company for decades and elevating it into one of the world’s leading metals producers. According to a Saturday exchange filing, the 68-year-old executive chose not to seek re-nomination to the board, citing age and family considerations. He will transition into the role of honorary chairman and senior consultant. The Fujian-based company has not yet named his successor. Under Chen’s leadership, Zijin grew from… Read More Here
Kamoa-Kakula Sets Ambitious 2026–2027 Copper Production Targets as Dewatering Progress Accelerates 24 Copper Corporate News 

Kamoa-Kakula Sets Ambitious 2026–2027 Copper Production Targets as Dewatering Progress Accelerates

Constance
Ivanhoe Mines Projects Up to 540,000 Tonnes of Copper Output by 2027 as Kamoa-Kakula Dewatering Advances Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete have announced copper production guidance for 2026 and 2027 at the Kamoa-Kakula Copper Complex, alongside an update on the Kakula Mine’s dewatering and rehabilitation progress. Dewatering at Kakula continues to advance steadily, now approximately 70% complete on the western side of the mine and 60% complete on the eastern side. To date, 13.4 kilometres of underground… Read More Here
Angola’s First Gold Refinery Nears Completion, Testing Phase Set for December 25 International Gold 

Angola’s First Gold Refinery Nears Completion, Testing Phase Set for December

Constance
Endiama Confirms December Testing for Angola’s First Gold Refinery Endiama has announced that Angola’s first gold refinery—currently under construction in the Viana Industrial Park—is expected to begin its testing phase in the second half of December. The projection was shared this Thursday during a site visit by the company’s Chairman of the Board of Directors (PCA). According to an official statement accessed by VerAngola, the visit confirmed that the project is in its final stage of construction. The main building structure is already complete, and teams are now installing the… Read More Here
Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM 26 Corporate News Diamond International Mining Personality 

Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM

Constance
Petra Diamonds Appoints Permanent Joint CEOs and Strengthens Board Following Annual Meeting London-listed Petra Diamonds has announced a refreshed leadership structure and several board changes following its Annual General Meeting held on November 27. The company confirmed the appointment of Vivek Gadodia and Juan Kemp as permanent joint CEOs, solidifying the roles they have held in an interim capacity since February. Under the new structure, Gadodia will continue to lead Petra’s corporate functions, while Kemp will oversee operational activities across the business. Shareholders also approved the appointment of Kushal Kumar… Read More Here
Panama Set to Release Early Audit Findings on Cobre Panama Mine as Govt Weighs Next Steps 27 International Copper Corporate News 

Panama Set to Release Early Audit Findings on Cobre Panama Mine as Govt Weighs Next Steps

Constance
Cobre Panama Audit Nears First Report: Final Review Due February to Decide Fate of First Quantum’s Mine Panama may release the preliminary findings of its comprehensive audit of First Quantum Minerals’ Cobre Panama copper mine as early as next week, with the final report scheduled for completion by the end of February. The results are expected to guide the government’s decision on the future of the long-stalled operation. The independent assessment, conducted by SGS Panama Control Services, covers environmental compliance, legal and labour obligations, tax issues, operational procedures and potential… Read More Here
Zimbabwe Raises Gold Royalties to Capitalize on Record High Bullion Prices 28 Gold International News in Brief 

Zimbabwe Raises Gold Royalties to Capitalize on Record High Bullion Prices

Constance
Zimbabwe Introduces 10% Gold Royalty as Prices Stay Above $4,000 an Ounce Zimbabwe is set to increase royalties on gold producers as part of its strategy to benefit from historically high global gold prices, according to the 2026 national budget presented on Thursday. Under the revised revenue measures, gold miners will be required to pay a 10% royalty when bullion prices exceed USD 2,501 per ounce. The adjustment forms part of broader efforts to strengthen government revenues and provide greater support to local industry. Although gold prices have eased by… Read More Here
DRC Defends Cobalt Export Suspension as Strategic Move to Stabilize Global Prices 29 Mining in DRC Battery Metals Cobalt 

DRC Defends Cobalt Export Suspension as Strategic Move to Stabilize Global Prices

Constance
DRC Says Cobalt Export Ban Prevented Market Crash as Prices Surge from $21,000 to $50,000 per Ton The Democratic Republic of Congo (DRC) has reaffirmed the rationale behind the temporary suspension of cobalt exports, a measure implemented by the Regulatory and Control Authority for Strategic Mineral Substances Markets (ARECOMS). Despite criticism from some stakeholders, the government maintains that the decision was necessary to protect the country’s strategic mineral and prevent a collapse in global prices. As the world’s leading holder of cobalt reserves, the DRC argued it had both the… Read More Here
DRC Reaffirms Open-Door Investment Policy as Global Powers Deepen Interest in Mining Sector 30 Mining in DRC Copper 

DRC Reaffirms Open-Door Investment Policy as Global Powers Deepen Interest in Mining Sector

Constance
DRC Opens Mining Sector to All Partners as China Drives Copper Growth and U.S. Expands Strategic Engagement The Democratic Republic of Congo (DRC) remains open to cooperation with all global powers in the mining sector, according to Minister of Mines Louis Watum Kabamba, who reaffirmed the country’s commitment to multilateral partnerships while acknowledging the significant role China has played in developing Congo’s mining industry. Speaking at a press briefing on Thursday, 27 November 2025, Minister Kabamba stressed that the DRC does not align exclusively with any geopolitical bloc. Instead, the… Read More Here

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