Lindian Resources, rare earths developer, and Iluka Resources, downstream refiner, have advanced the Kangankunde project in Malawi after Lindian approved a final investment decision and raised A$91.5 million (about $61.3 million) via an institutional placement priced at A$0.21 a share. Stage 1 targets around 15,300 t/y of monazite concentrate by late 2026; a feasibility study...
READ MORELifezone, a New York-listed battery metals developer, says stepped-up defence spending will lift nickel demand just as it moves its Kabanga project in Tanzania toward a final investment decision (FID). Founder and chair Keith Liddell told Mining Weekly he expects “a big demand side inflection… from the global defence industry,” citing the use of nickel-containing...
READ MORERusal, aluminium producer, and Guinea’s labour unions have clashed at the Friguia alumina complex as workers launched a strike and blocked the refinery’s rail link to the port of Conakry, halting alumina movements while demanding implementation of a new sectoral agreement. The action follows a complaint over working conditions and comes amid Guinea’s more muscular...
READ MOREGlencore, diversified miner-trader, and the Democratic Republic of Congo, the world’s cobalt gatekeeper, have disclosed that much of the Swiss group’s cobalt output may sit unsold through next year after Kinshasa extended its export suspension. Glencore lifted first-half cobalt production 19% to 18,900 t and now guides 2025 output at 42,000–45,000 t, yet tightened rules...
READ MOREValterra Platinum, South African PGM producer with Zimbabwe’s Unki mine, Impala’s Zimplats, and Mimosa, the Impala–Sibanye Stillwater joint venture, have been hit by unpaid local-currency proceeds under Zimbabwe’s foreign-exchange retention regime, after exporters shipped $690 million of PGM mattes and concentrates in the first half but have not received the 30% local-currency portion since January,...
READ MOREFirst Quantum, copper producer, and Royal Gold, precious-metals streamer, have agreed a $1 billion upfront gold streaming deal tied to by-product output at Kansanshi in Zambia, handing the miner immediate liquidity as it completes the S3 expansion—described in recent materials as a $1.3 billion programme—while the buyer targets 35,000–40,000 oz a year of deliveries over...
READ MOREIvanhoe Mines, copper producer, has begun installing high-capacity submersible pumps for a “Stage Two” dewatering program at Kamoa-Kakula in the DRC and raised 2025 C1 cash-cost guidance by 12% to $1.90–$2.20/lb, reflecting a temporary shift to lower-grade stockpiles while the mine’s eastern workings are drained. The $70 million plan follows seismic-induced flooding on May 20;...
READ MORESylvania, PGM tailings retreatment operator, has reported a record 81,002 ounces of 4E (platinum, palladium, rhodium and gold) for the year to June 30, supported by fourth-quarter output of 21,114 oz and stronger pricing. Quarterly net revenue rose 15% to $30.3 million and group EBITDA increased 98% to $12.9 million as plant feed and grades...
READ MORESumitomo, Japanese trading house and majority owner of Madagascar’s Ambatovy nickel and cobalt operation, kept its full-year production forecast in the “mid-30,000-ton” range after reporting about 7,000 tonnes of nickel in the first quarter of the current fiscal year—down from roughly 8,000 tonnes a year earlier—as operations recovered from a precautionary pipeline inspection. The company...
READ MOREOrion Minerals, Northern Cape base-metals developer, and the Industrial Development Corporation of South Africa, state financier, have moved their focus to project financing and concentrate offtake agreements after a July capital raise to advance the Prieska Copper Zinc Mine (PCZM). The package comprised a placement of ~289 million shares and conversion of loan amounts via...
READ MOREGhana, resource owner, and GIADEC, the state aluminium developer, have terminated a $1.2 billion bauxite lease held by local contractor Rocksure International and opened talks with an overseas operator—potentially Emirates Global Aluminium (EGA) or a Chinese group—to develop the Nyinahin Hills deposit in Ashanti. The area, part of “Block B”, hosts about 376 million tonnes...
READ MOREZijin Mining, the Chinese gold and copper producer, and Canada’s Barrick are moving ahead with a potential deal for the Tongon gold mine in northern Ivory Coast, with Zijin front-running a sale process that could see bids climb to as much as $500 million, according to people familiar with the talks. Tongon is forecast to...
READ MOREZimbabwe’s Minerals Marketing Corporation, the state minerals marketer, and Zhejiang Huayou Cobalt, the Chinese battery-materials group that leads hard-rock lithium mining in the country, have reported a 30 per cent year-on-year rise in exports of spodumene concentrate to 586,197 t in the first half of 2025, even as global lithium prices languish near three-year lows....
READ MOREBHP, the diversified mining group, and Lifezone Metals, a Tanzania-focused refinery and technology developer, have agreed that Lifezone will acquire BHP’s entire 17 percent interest in the Kabanga nickel project for deferred consideration of up to $83 million. The transaction, announced on Friday, will lift Lifezone’s holding to 84 percent, with the Tanzanian government retaining...
READ MOREAterian, a London-listed critical-minerals explorer, and Rio Tinto, the world’s second-largest miner, have reported high-grade lithium hits at their Kinunga joint-venture project in Rwanda, including 3.2 % Li over 3.5 m and 2.1 % Li over 6.9 m. The results, from the first two of 12 planned targets, prompted Rio Tinto to exercise a Stage-1...
READ MOREUganda’s Ministry of Energy and Mineral Development, led by Minister Ruth Nankabirwa, has launched comprehensive reforms to the country’s mineral licensing system aimed at addressing bureaucratic bottlenecks and transparency issues that have constrained investor confidence in the East African nation’s mining sector. The initiative, supported by a €6.2 million ($6.6 million) European Union and German...
READ MOREChinese mining companies have intensified investments across Africa’s copper-producing regions as Western nations implement restrictions on Chinese access to critical mineral assets, with the Democratic Republic of Congo emerging as the world’s second-largest copper producer through predominantly Chinese-backed operations. The strategic shift reflects China’s efforts to secure copper supplies essential for renewable energy infrastructure and...
READ MORENigeria has unveiled plans to construct what officials describe as Africa’s largest rare earth processing facility alongside four lithium processing plants, representing over $1.4 billion in announced investments as the West African nation attempts to transform its artisanal mining sector into industrial-scale operations. The initiative includes a $600 million lithium plant spanning Kaduna and Niger...
READ MOREShuka Minerals, a UK-based mining company with a secondary listing on the JSE, has completed regulatory approvals to acquire Leopard Exploration and Mining, which controls the historic Kabwe Zinc Mine in central Zambia. The transaction, valued at $4.35 million through a combination of 28.6 million shares and $1.35 million cash, represents a significant gamble on...
READ MOREShengde Precious Metal Resources, a Chinese-backed mining company operating in Tanzania, has completed construction of the country’s first copper refinery in Nala, Dodoma Region, with commercial production scheduled to begin in July 2025. The facility represents Tanzania’s entry into domestic copper processing as the government implements a mandate requiring all copper mined within the country...
READ MOREMopani Copper Mines (MCM) is advancing underground infrastructure projects aimed at unlocking 8.5 million tonnes of copper ore over the next four to five years, as part of efforts to significantly raise copper cathode production. CEO Charles Sakanya stated that the company’s goal is to double cathode output to more than 500,000 tonnes within 10...
READ MOREValterra Platinum, formerly Anglo American Platinum, began trading as an independent company on the Johannesburg Stock Exchange on Wednesday, finalizing its separation from parent Anglo American. The debut marks the completion of a major restructuring move by Anglo, which is shifting its focus to copper and iron ore after fending off a $49 billion takeover...
READ MORENigeria is set to commission two large lithium processing plants this year, marking a major step away from exporting raw minerals and toward building value within the country. Mining Minister Dele Alake announced that a $600 million lithium processing facility near the Kaduna-Niger border will be commissioned this quarter, while a $200 million refinery near...
READ MOREFacing higher tariffs and trade barriers in the United States and European Union, Chinese electric vehicle (EV) manufacturers are rapidly pivoting their international strategy toward Africa and other emerging markets. This shift is marked by a surge in Chinese-backed EV and battery plants, flagship model launches, and expanding local assembly operations across the continent. In...
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