Anglo American's R600m pledge lifts junior mining fund to R1bn
The Junior Mining Exploration Fund grew to R1 billion after Anglo American added R600 million to government's R400 million, with applications opening on 30 September 2025.
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The Junior Mining Exploration Fund grew to R1 billion after Anglo American added R600 million to government's R400 million, with applications opening on 30 September 2025.
Ivanhoe Mines closed a $500m strategic private placement with the Qatar Investment Authority on 29 September 2025, giving the sovereign wealth fund roughly 4% of the company behind the Kamoa-Kakula and Kipushi mines.
An industry opinion piece published as the DRC's cobalt quota system took shape argued that South Africa's own critical minerals strategy should introduce a 'balanced export strategy' limiting unprocessed cobalt exports.
An ICSID arbitration tribunal has ordered Niger not to sell or transfer uranium produced at the nationalised Somaïr mine, siding with French group Orano in a dispute over roughly 1,500 tonnes of yellowcake.
Congo's regulator announced on 22 September 2025 that cobalt exports would be capped at 96,600 tonnes a year in 2026 and 2027, with 18,125 tonnes permitted for the rest of 2025.
Glencore began exploring the sale of a majority stake in its Kamoto Copper Company operation in the DRC, holding talks with Orion Resource Partners amid the prolonged cobalt export suspension.
Ivanhoe Mines began the second stage of dewatering at its flooded Kakula copper mine in the DRC, aiming to cut the underground water level by roughly a metre a day.
Ivanhoe Mines agreed to a $500m investment from Qatar's sovereign wealth fund, which will take a 4% stake as the miner works to overcome flooding at its Kamoa-Kakula copper complex.
Zimbabwe's Cabinet has approved a $450m, four-year deal with India's Jindal to rehabilitate Hwange Power Station's original six units, aiming to lift their output from roughly 300MW toward 2,000MW.
B2Gold approved development of the Antelope underground deposit at its Otjikoto mine in Namibia on 15 September 2025, after cutting the pre-production capital estimate to $105m from $129m.
Human Rights Watch says residents affected by the February 2025 Sino-Metals acid spill in Zambia continue to report health problems and is calling for a comprehensive, independent health investigation.
Pan African Resources reported record annual profit for the year to June 2025 and guided to a near-40% rise in production for FY2026, while confirming plans to shift its primary listing to London.
Five men linked to the company that ran the Jagersfontein tailings facility face murder and health-and-safety charges after the 2022 dam collapse that killed two people.
Angola is targeting 17.5 million carats of annual diamond output by 2027, banking on its giant new Luele mine to challenge for a place among the world's top producers.
Ivanhoe Mines said debottlenecking work at its Kipushi zinc mine in the DRC finished early and under budget, keeping the operation on track for its 2025 production guidance.
First Quantum Minerals abandoned plans to sell minority stakes in its Kansanshi and Sentinel mines in Zambia, its CEO said on 25 August 2025, after a $500m Jiangxi Copper prepayment and an earlier $1bn Royal Gold stream eased balance-sheet pressure.
Peabody Energy terminated its agreement to buy Anglo American's steelmaking coal portfolio for up to $3.8bn on 19 August 2025, prompting Anglo to launch arbitration over the collapsed deal a month later.
Lucapa Diamond Company has gone into administration in Australia, with a Dubai-based group offering a $10m rescue deal covering its stake in Angola's Lulo mine.
Newmont finalised its $1bn sale of the Akyem gold mine in Ghana to China's Zijin Mining Group in August 2025, receiving the last $100m instalment after Ghana's Parliament ratified the mine's extended lease.
A US customs ruling that 1kg and 100oz gold bars from Switzerland were subject to tariffs briefly unsettled bullion markets, until Trump said gold would not be tariffed.
Petra Diamonds secured a refinancing deal pushing out its debt maturities and raising $25m in new equity, sending its shares up sharply.
First Quantum Minerals agreed on 5 August 2025 to a $1bn gold stream with Royal Gold referenced to copper production at its Kansanshi mine in Zambia, providing non-dilutive funding as it expands the operation.
A legal analysis published in August 2025 argued that ARECOMS lacked the statutory authority under DRC's Mining Code to suspend cobalt exports, exposing the state to potential liability claims.
A Sierra Leone court extended a freezing order on Koidu Limited's assets after the diamond miner went into care and maintenance amid a strike and a long-running community lawsuit.