Constance - Copperbelt Katanga Mining

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Zambia Returns to Single-Digit Inflation as Currency Strength and Copper Prices Lift Economy

January 29, 2026January 29, 2026 Constance

Zambia Inflation Falls to 9.4% for First Time Since 2023 on Strong Kwacha and Rising Copper Prices Several African economies, including Zambia, which have faced significant economic challenges in recent years, have begun the new year with notable economic improvements. In a key milestone for the copper-rich Southern African nation, inflation has fallen below double digits for the first time in three years. Zambia’s annual inflation rate declined to 9.4%, down from 11.2% in the previous month, marking the country’s first single-digit inflation reading since 2023. The improvement signals growing… Read More Here

Mining in Zambia Energy

Zambia Secures MoU with Chinese Companies for Up to 1,000MW of Solar Power Investment

January 29, 2026January 29, 2026 Constance

Zambia Signs Major Renewable Energy MoU with Chinese Firms to Develop Large-Scale Solar Projects The Government of the Republic of Zambia has signed a landmark Memorandum of Understanding (MoU) with China Pingmei Shenma Holding Group Company Limited and LONGi Green Energy Technology Company Limited to develop large-scale renewable energy projects, with a primary focus on solar power generation. The agreement was signed at State House and witnessed by President Hakainde Hichilema. It was executed on behalf of the Zambian Government by the Minister of Energy, Mr Makozo Chikote. LONGi Middle… Read More Here

Mining in Zambia Copper Economy

Zambia’s Mining Sector Posts Strong Growth in 2025 on Rising Copper Output and Policy Reforms

January 29, 2026January 29, 2026 Constance

Zambia Mining Sector Grows in 2025 as Copper Production Rises 8% and Major Investments Advance Zambia’s mining sector recorded strong growth in 2025, driven by an increase in copper production, rising investment, expanded licensing activity, and wide-ranging policy reforms aimed at strengthening the industry’s contribution to socio-economic development. Speaking at a press briefing, the Minister of Mines and Minerals Development, Honourable Paul C. Kabuswe, MP, said copper production the backbone of Zambia’s mining industry increased by 8 per cent, rising from 825,513.01 metric tonnes in 2024 to 890,345.79 metric tonnes… Read More Here

Copper Corporate News International

FQM Considers Sale of Çayeli Mine to Bolster Balance Sheet

January 29, 2026January 29, 2026 Constance

First Quantum Minerals Explores Sale of Turkey’s Çayeli Copper-Zinc Mine Amid Balance Sheet Pressures First Quantum Minerals Ltd. is considering the sale of its copper and zinc mine in Turkey as part of efforts to strengthen its balance sheet, according to people familiar with the matter. The Canadian mining company initiated a sales process earlier this month for the Çayeli mine, one of Turkey’s largest underground mining operations. The sources, who requested anonymity due to the confidential nature of the discussions, said the asset is valued at approximately $400 million.… Read More Here

Mining in DRC

DRC Reopens Mining Rights Applications Following Registry Cleanup

January 28, 2026January 28, 2026 Constance

Democratic Republic of Congo Reopens Mining and Exploration Rights Applications After Land Reclamation The Democratic Republic of Congo (DRC) has reopened applications for mining and exploration rights, the Mining Cadastre Service (CAMI) announced in an official statement. The new application window will take effect on February 2, 2026, following a nearly two-month temporary closure that began on December 15, 2025. The brief suspension was intended to allow CAMI to complete a cleanup of the cadastral registry, ensuring better management and transparency of mining titles. “The Mining Cadastre informs the public… Read More Here

Mining in DRC Regional conflict

M23 Strengthens War Economy Through Mining and Taxation in North and South Kivu

January 28, 2026January 28, 2026 Constance

One Year After Goma’s Fall, M23’s Resource-Funded War Economy Remains Strong. One year after the fall of Goma in eastern Democratic Republic of Congo (DRC), the March 23 Movement (M23) has consolidated a resilient war economy built on control of natural resources and the establishment of a parallel administration across territories under its control, particularly in North and South Kivu. Despite sustained regional and international diplomatic efforts, the group’s financial base remains intact—and in some areas has grown stronger. A Parallel Administration Funded by Widespread Taxation According to Zobel Behalal,… Read More Here

International Copper Exploration New Mining Projects

Ivanhoe Electric and SQM Partner to Hunt for Hidden Copper in Chile’s Atacama Desert

January 28, 2026January 28, 2026 Constance

Ivanhoe Electric Teams Up With SQM to Explore for Copper Using Advanced Geophysics in Northern Chile Ivanhoe Electric (NYSE-A, TSX: IE) has entered into a strategic partnership with Chilean lithium producer Sociedad Química y Minera de Chile (SQM) to explore for copper across parts of the Atacama Desert in northern Chile, one of the world’s most prolific mineral regions. Under the agreement, the companies will deploy Ivanhoe Electric’s proprietary Typhoon geophysical surveying system, supported by data inversion software from Computational Geosciences Inc. (CGI). The technology will be used to search… Read More Here

Mining Equipment Corporate News International

Sandvik Beats Profit Forecasts on Strong Mining Demand

January 28, 2026January 28, 2026 Constance

Sandvik Reports Strong Q4 Core Profit as Mining Activity and Metal Prices Lift Demand Swedish mining equipment and metal-cutting tool maker Sandvik reported a slightly stronger-than-expected fourth-quarter core profit on Tuesday and proposed a higher dividend, supported by rising mining activity and stronger commodity prices. Operating profit before amortization and items affecting comparability rose 1% year-on-year to 6.37 billion Swedish crowns ($712.5 million), exceeding the average analyst forecast of 6.22 billion crowns, according to an LSEG poll. The result was driven by 12% organic sales growth during the quarter. “The… Read More Here

International Gold

Mali Detains Yanfolila Mine Executives as Mining Code Enforcement Intensifies

January 28, 2026January 28, 2026 Constance

Mali Detains Five Yanfolila Gold Mine Managers in Toughened Mining Sector Crackdown Mali has detained five senior managers linked to the local operator of the Yanfolila gold mine over alleged breaches of the country’s mining regulations, highlighting the government’s increasingly hardline approach to the extractive sector. According to two sources familiar with the matter, the employees of Société des Mines de Komana (SMK) were detained on Friday for allegedly failing to repatriate foreign currency earned from export revenues, a requirement under Mali’s revised mining code. The information was reported by… Read More Here

International Economy

Zimbabwe Sees First Single-Digit Inflation in Over Two Decades

January 28, 2026January 28, 2026 Constance

Zimbabwe’s Inflation Falls to Single Digits as ZiG Currency Gains Stability Zimbabwe’s economy is showing early signs of stabilization, marked by a sharp slowdown in inflation and renewed confidence in its gold-backed local currency. The development represents a significant milestone for a country that has grappled with currency instability and hyperinflation for more than two decades. In November last year, the Confederation of Zimbabwe Industries (CZI) projected a substantial decline in annual inflation by the end of 2025, forecasting a 50% reduction as tighter monetary controls took effect. At the… Read More Here