Constance - Copperbelt Katanga Mining

Written by Constance

Zambian Govt Hails Stronger Kwacha, Urges Businesses to Pass on Benefits to Consumers

January 13, 2026January 13, 2026 Constance

Zambian Kwacha Strengthens as Government Calls on Businesses to Lower Prices and Support Cost of Living Relief The Government has welcomed the continued appreciation of the Zambian Kwacha against major international currencies, describing the trend as a clear signal of growing confidence in the country’s economic fundamentals and the effectiveness of ongoing macroeconomic and fiscal reforms. In a statement issued on Tuesday, the Minister of Commerce, Trade and Industry, Hon. Chipoka Mulenga, MP, said the strengthening of the local currency reflects deliberate and sustained policy efforts under President Hakainde Hichilema’s… Read More Here

Mining in Zambia Economy

Zambia and Türkiye Deepen Economic Ties to Drive Investment and Growth

January 13, 2026January 13, 2026 Constance

Zambia and Türkiye Reaffirm Commitment to Boost Trade and Investment in Mining, Infrastructure and Agriculture Zambia and Türkiye have reaffirmed their commitment to strengthening bilateral economic cooperation following a high-level engagement between the Minister of Finance and National Planning, Dr Situmbeko Musokotwane, MP, and the Turkish Ambassador to Zambia, His Excellency Huseyin Barbaros Dicle. Ambassador Dicle paid a courtesy call on Dr Musokotwane at the Ministry of Finance and National Planning headquarters, where discussions focused on expanding sustainable investment partnerships across sectors of shared economic interest. The meeting underscored Zambia’s… Read More Here

Mining in DRC Copper Corporate News Economy

DRC’s Gécamines Buys 100,000 Tonnes of Copper from Tenke Fungurume

January 13, 2026January 13, 2026 Constance

Gécamines Launches Copper Trading Operations with Landmark Purchase from Tenke Fungurume Congo’s state-owned mining company, Gécamines, announced on Monday that it has exercised its contractual right to purchase 100,000 tonnes of copper from the Tenke Fungurume Mining (TFM) operation, majority-owned by China’s CMOC. The transaction represents 20 per cent of TFM’s annual copper output, in line with Gécamines’ equity stake in the mine. According to Gécamines, deliveries will be spread throughout the year, with the copper volumes destined for export to the United States market. The company said the sales… Read More Here

International Battery Metals Lithium

Chile Invests in Direct Lithium Extraction and Rare Earth Recovery Research

January 13, 2026January 13, 2026 Constance

Chile Awards $5.8 Million to Advance Direct Lithium Extraction and Rare Earth Recovery Technologies Chile’s state-owned development agency, Corfo, has awarded up to $5.8 million in funding to two research and development projects focused on direct lithium extraction (DLE) and rare earth element recovery, as part of efforts to strengthen mining innovation and create new, high-value business lines. The first project will receive up to $1.9 million over a period of up to two years to identify, assess, and validate DLE technologies suitable for brines from Chile’s salt flats and… Read More Here

Copper International News in Brief

Chile Forecasts Stable Copper Production in 2026, Says Sonami

January 13, 2026January 13, 2026 Constance

Chile Copper Output Expected at Up to 5.7 Million Tons in 2026 as Prices Forecast at $4.50 per Pound Chile’s copper production is projected to range between 5.5 million and 5.7 million metric tons in 2026, according to the country’s national mining association, Sonami. The association, which represents Chile’s mining companies, also forecast an average copper price of $4.50 per pound for the year. The outlook reflects expectations of steady global demand and continued operational stability across the sector. Chile remains the world’s largest copper producer, with the metal playing… Read More Here

Mining in DRC Governance Mining in Zambia

Zambia and DRC Convene 14th Joint Defence and Security Commission in Lubumbashi

January 13, 2026January 13, 2026 Constance

Zambia–DRC Defence and Security Commission Opens in Lubumbashi to Tackle Transnational Crime and Regional Threats The 14th Session of the Zambia–Democratic Republic of Congo (DRC) Joint Permanent Commission (JPC) on Defence and Security officially opened in Lubumbashi, Democratic Republic of Congo, bringing together senior government and security officials from both countries. In his opening address, Zambia’s Permanent Secretary in the Ministry of Defence, Mr Maambo Haamaundu, reaffirmed Zambia’s strong commitment to sustained bilateral cooperation with the DRC. He underscored the deep historical ties between the two nations, rooted in their… Read More Here

Mining in DRC

DRC and Saudi Arabia Strengthen Strategic Mining Partnership at Future Minerals Forum

January 13, 2026January 13, 2026 Constance

Future Minerals Forum 2026: DRC and Saudi Arabia Advance Mining Cooperation with Operational Roadmap On the sidelines of the Future Minerals Forum, held in Riyadh from 13 to 15 January 2026, H.E. Louis Watum Kabamba, Minister of Mines of the Democratic Republic of the Congo (DRC), held a bilateral meeting with his Saudi counterpart, H.E. Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia. The meeting reaffirmed the strategic importance of bilateral cooperation between the DRC and Saudi Arabia in the mining sector… Read More Here

Mining in DRC

DRC Mineral Export Prices Trend Upward on Global Markets

January 13, 2026January 13, 2026 Constance

DRC Mineral Export Prices Rise as Demand for Copper, Cobalt, and Nickel Strengthens in January 2026 According to the official mineral export price lists published by the Ministry of Foreign Trade, several mineral products exported by the Democratic Republic of Congo (DRC) recorded overall price increases on international markets during the period from January 12 to 17, 2026. This upward trend reflects strong global demand and a positive momentum in the country’s mining exports, particularly for strategic minerals. Tin registered a notable increase, rising from 42,708.75 to 43,123.33. Zinc followed… Read More Here

Mining in DRC Iron Ore New Mining Projects

DRC Advances $28.9bn MIFOR Iron Ore Project

January 13, 2026January 13, 2026 Constance

DRC Launches $28.9 Billion MIFOR Iron Ore Project to Unlock Up to 20 Billion Tonnes of Reserves The Minister of Mines, Louis Watum Kabamba, presented the Great Eastern Iron Mines (MIFOR) project to the Council of Ministers on Friday, January 9, 2026, along with the governance framework required for its implementation. This strategic initiative represents a major milestone in the industrial development of the Democratic Republic of Congo’s iron ore potential. According to the Minister, the iron ore resources targeted by the project are estimated at between 15 and 20… Read More Here

Mining in DRC Cobalt Copper New Mining Projects

Critical Metals Secures £2.1 Million Loan to Advance Molulu Copper-Cobalt Project

January 11, 2026January 11, 2026 Constance

Critical Metals Secures £2.1 Million Financing from NIU Invest to Drive Molulu Copper and Cobalt Project NIU Invest SE, the majority shareholder of Critical Metals, has extended a £2.1 million loan (approximately $2.84 million) to support the company’s operations, particularly at its Molulu copper and cobalt project in Haut-Katanga province, Democratic Republic of Congo. The financing was announced on December 31, 2025. The loan carries an annual interest rate of 10% and has an 18-month maturity, with interest payable at the end of the term. Structured as a convertible bond,… Read More Here