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Barrick Launches $3 Billion Share Buyback Ahead of North American Spinout 20 Corporate News Gold International 

Barrick Launches $3 Billion Share Buyback Ahead of North American Spinout

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Barrick Mining Announces $3 Billion Share Buyback as Gold Prices Drive Strong Earnings Growth Barrick Mining has announced a $3 billion share buyback program as the company moves to strengthen shareholder returns ahead of the planned spinout and public listing of its North American assets. The Toronto-based gold producer unveiled the repurchase plan after reporting strong first-quarter financial results, supported by record gold prices and solid free cash flow generation. The move expands the company’s shareholder return strategy following a $500 million buyback completed late last year. Barrick is preparing… Read More Here
Kamoa Copper Expands Green Energy with New 30 MW Solar Deal 21 Mining in DRC Corporate News Green Energy 

Kamoa Copper Expands Green Energy with New 30 MW Solar Deal

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Kamoa Copper Expands Renewable Energy Strategy with 30 MW Solar PPA and 581 MWh Battery Storage in DRC Kamoa Copper and Green World Energie have signed a second Power Purchase Agreement (PPA) for an additional 30 MW of renewable energy capacity, marking a major milestone in Phase II of their solar energy development project. The initiative is designed to strengthen the energy supply for the Kamoa-Kakula mining complex while accelerating the site’s decarbonization efforts. The new phase of the project will deploy an advanced hybrid energy solution that combines solar… Read More Here
Miguel Kashal Presents ARSP Reform Achievements During Lubumbashi Forum 22 Mining in DRC Events & Expos Governance 

Miguel Kashal Presents ARSP Reform Achievements During Lubumbashi Forum

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ARSP Highlights Three Years of Subcontracting Reforms and SME Growth in Haut-Katanga During a public forum held at the June 30 Building in Lubumbashi, Miguel Kashal, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), presented the results of three years of reforms in the subcontracting sector. The event brought together representatives from the six territories of Haut-Katanga, political and administrative authorities, business leaders, subcontractors, and members of the Katanga community. During his presentation, Miguel Kashal shared detailed performance data covering the 2023, 2024, and 2025… Read More Here
DRC and U.S. Deepen Strategic Partnership Through Inga III and Lobito Corridor Projects 23 Mining in DRC Energy Transport and Logistics 

DRC and U.S. Deepen Strategic Partnership Through Inga III and Lobito Corridor Projects

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Kinshasa and Washington Strengthen Cooperation on Energy and Infrastructure Development Prime Minister Judith Suminwa Tuluka met with Jeremy Wiggins in Kinshasa on Monday, May 11, 2026, as part of ongoing efforts to strengthen the strategic partnership between the Democratic Republic of Congo (DRC) and the United States. The discussions focused on several priority projects considered essential to the DRC’s economic transformation and energy future. Key topics included the Inga III hydroelectric project, development of the Lobito strategic corridor, investment security, and regional industrialization driven by the country’s vast mineral and… Read More Here
Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises 24 Mining in Zambia Copper Gold New Mining Projects 

Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises

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Barrick’s Lumwana Copper Expansion in Zambia Remains on Track for 2028 Production Target Construction of the Lumwana Super Pit copper expansion project in Zambia remained on schedule and within budget during the first quarter of 2026, mining giant Barrick Gold announced on Monday, 11 May. The company confirmed that the first lift of the mill building wall was successfully completed during the quarter. Mill shells have already been delivered to the site, while the first shipments of structural steel are expected before the end of June. Barrick expects 2026 capital… Read More Here
Trafigura Partners Egyptalum on Major Aluminium Smelter Expansion in Egypt 46 Corporate News Aluminium International 

Trafigura Partners Egyptalum on Major Aluminium Smelter Expansion in Egypt

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Trafigura and Egyptalum Plan Up to US$900 Million Aluminium Smelter Project in Egypt Global commodities trader Trafigura has entered into exclusive negotiations with Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding Company (MIH) to develop a major new primary aluminium smelter in Egypt at an estimated cost of between US$750 million and US$900 million. Under the proposed agreement, the parties plan to establish a new company that will build, own, and operate a 300,000-tonne-per-year primary aluminium smelter and a 150,000-tonne-per-year anode plant at Egyptalum’s Nag Hammadi industrial complex. Once operational,… Read More Here
DRC Pushes Forward With US$2 Billion Manono Lithium Project 47 Mining in DRC Investment News Lithium New Mining Projects 

DRC Pushes Forward With US$2 Billion Manono Lithium Project

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DR Congo Advances US$2 Billion Manono Lithium Project to Boost Local Processing and Jobs The Democratic Republic of the Congo is accelerating the development of the US$2 billion Manono lithium project in Tanganyika Province as the government pushes to strengthen local mineral processing, infrastructure development, and job creation in the country’s growing battery minerals sector. Minister of Mines Louis Watum Kabamba met with officials from MANONO LITHIUM SAS on Thursday, May 7, 2026, for a working session focused on the progress and implementation of the strategic lithium project. During the… Read More Here
DRC Eyes One of World’s Largest Copper Mines Under Chinese-Backed Proposal 48 Copper Economy Mining in DRC 

DRC Eyes One of World’s Largest Copper Mines Under Chinese-Backed Proposal

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DR Congo Could Host One of the World’s Biggest Copper Mines as China Expands Critical Minerals Footprint The Democratic Republic of the Congo could soon host one of the world’s largest copper mines under a proposal by a subsidiary of China Railway Group, as global competition for critical minerals intensifies between China and the United States. A unit of the Chinese state-owned company, known as CREC, met with Congolese Mines Minister Louis Watum on Thursday to discuss a major mining project expected to produce between 200,000 and 500,000 metric tonnes… Read More Here
Zambia Hosts Successful IMRC 2026 as Global Mine Rescue Teams Showcase Life-Saving Skills 49 Mining in Zambia Mining safety 

Zambia Hosts Successful IMRC 2026 as Global Mine Rescue Teams Showcase Life-Saving Skills

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IMRC 2026 in Zambia Showcases Global Mine Rescue Excellence and Advances Safety Standards The 14th International Mine Rescue Competition (IMRC 2026), hosted in Zambia, has concluded in Livingstone, bringing together global mining teams in a high-level demonstration of emergency response skills and mine safety excellence. The event combined competitive testing with a strong focus on collaboration, knowledge sharing, and the shared goal of improving safety standards across the global mining industry. General Manager of Kansanshi Mining Plc, Meiring Burger, emphasized the importance of prioritising human life over production. “No production… Read More Here

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