Welcome to this month’s edition of our Mining News Roundup, where we bring together the key global mining updates — the projects, policies, and market moves you need to know.
Major Projects
Harmony – Eva Copper Mine (Australia):
A $1.6B FID has been approved, with first production expected in 2028.
Simandou (Guinea):
Operations have officially launched, marking progress on a major integrated mine-rail-port development.
Montage Gold:
The company has acquired African Gold, adding the Didiévi project. Its flagship Koné project remains on track for 2027 production.
Marimaca Copper (Chile):
The project has received environmental approval and is targeting construction readiness in H2 2026.
Policy & Regulation
South Africa–EU Critical Minerals Partnership:
A Clean Trade & Investment Partnership has been signed to support decarbonisation, diversify supply chains, and secure EU access to critical minerals.
Copper market strain:
Global supply tightness is creating structural imbalance, with smelters now paying miners for ore. This highlights growing policy focus on supply-chain resilience and securing critical minerals.
Corporate Moves
SolGold:
The company rejected a takeover bid from Jiangxi Copper amid heightened copper-sector M&A activity.
Teck-Anglo:
Teck revealed earlier merger discussions with another major (reported as Vale) before settling on the Anglo transaction. The resulting combination would create a top-five global copper producer.
Marnie Finlayson:
The former Rio Tinto Battery Materials MD has been appointed MD of DevEx Resources, a uranium explorer.
Global Mining Landscape
Copper at a “historic tipping point”:
Ongoing market imbalance — driven by strong demand and tight ore supply — is elevating valuations and increasing execution risk for copper projects.
Industry leadership trend:
A recent First Quantum CEO interview highlights a shift toward modern mining leadership focused on community engagement and sector transparency.
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