AGP Executive Report
Last update: 8 hours agoPhilippines Local Governance: Altai Philippines Mining Corp says San Fernando, Romblon reversed its July endorsement for a Sibuyan Island project, and says it will pursue legal and administrative remedies, alleging the reversal was unusually fast and may reflect vested interests. Sierra Leone Licensing: Sierra Leone’s Mines Ministry and National Minerals Agency say JM Mining’s large-scale licence never became valid because a conditional offer lapsed after required written acceptance and US$1.1m fees weren’t paid. Australia Processing Expansion: Westgold approved a capital-light Cue hub expansion to lift processing from 1.4Mtpa to 1.7Mtpa by FY28, targeting higher throughput and more ore optionality from nearby mines. Namibia Critical Minerals Policy: President Netumbo Nandi-Ndaitwah used Namibia’s Chamber of Mines expo to push mining-led growth and jobs, framing progress from dialogue to delivery. Gold Permitting: Liberty Gold submitted a Preliminary Cyanidation Design Report for its Idaho Black Pine project, aiming for formal cyanidation permitting in 1Q 2027. Rare Earth Funding: Ionic Rare Earths secured binding commitments to raise $8m to fund a Belfast demo plant and rare-earth recycling commercialization. Zambia Contract: JCHX Mining won a USD115m contract for Chambishi Copper Mine’s West Mine operations in 2026-27. Zimbabwe Community Impact: Mutapa Gold Resources and ZDF doubled Mubvundudzi Secondary School capacity to 400+ learners via a new classroom block. Corporate Results: Glencore reported $4.41bn profit for H1 2026 as trading and mining earnings rose.
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