This month’s mining news headlines reflect a sector in transition, with companies returning to exploration, governments tightening control over resources, and markets responding to strong precious metals demand. Strategic deals, policy shifts in Africa, and long‑term copper and gold fundamentals shaped the month’s developments.
Major Projects
- BHP – Zambia Copper Exploration:
BHP is returning to Zambia for large‑scale copper exploration. The company will use advanced data and modelling to target deep concealed deposits. - Predictive Discovery – Robex Merger:
Predictive Discovery and Robex Resources have approved their merger. The all‑share deal will close in mid‑April 2026.
Policy & Regulation
- Burkina Faso – State Gold Ownership:
Burkina Faso will acquire a 25 percent stake in the Kiaka gold project. The move strengthens state involvement in mining. - Ghana – Mining Localisation:
Ghana has ordered foreign miners to localise operations by December 2026. Companies that fail to comply may face sanctions.
Corporate Moves
- BHP – Carajás Copper Sale:
BHP has sold its Carajás copper asset for $240 million. The sale supports its focus on tier‑one assets. - Fortescue – Iron Ore Milestone:
Fortescue has shipped its 2.5 billionth tonne of iron ore. This highlights the long life of its Pilbara operations. - Orion – Royalty Merger Approved:
Orion has approved a merger between Sweetwater Royalties and Uranium Royalty Corp. The combined platform is valued at about $2.4 billion.
Global Mining Landscape
- South Africa – Precious Metals Boost:
South Africa’s mineral sales increased in early 2026. Gold, PGMs, and chrome drove the growth. - Copper & Gold – Market Outlook:
S&P Global sees long‑term support for copper and gold. Copper shortages are expected after 2030 despite short‑term volatility.
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