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Category: Copper

Zambia’s Mining Sector Rebounds as Copper Production Accelerates 1 Copper Economy Mining in Zambia 

Zambia’s Mining Sector Rebounds as Copper Production Accelerates

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Zambia Mining Production Surges as Mopani and KCM Drive Industry Recovery Zambia’s mining industry is experiencing a marked improvement in production, with several major operations returning to stronger output and new investment beginning to translate into increased activity across the sector. The Ministry of Mines and Minerals Development says the recovery reflects renewed confidence in Zambia’s mining industry after a period characterised by declining production, operational difficulties and limited investment at some of the country’s major mines. Permanent Secretary Dr Hapenga Kabeta said the change is particularly evident at operations… Read More Here
Investors Remain Bullish on Zambia as Copper Rally Strengthens Market Outlook 2 Mining in Zambia Copper Economy Investment News 

Investors Remain Bullish on Zambia as Copper Rally Strengthens Market Outlook

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Zambia Attracts Investor Confidence as Copper Prices Boost Assets and Economic Outlook Investor confidence in Zambia remains resilient, with rising copper prices, improving economic conditions and expectations of continued policy stability supporting demand for the country’s financial assets. Despite heightened uncertainty following the August 13 general election, international investors have largely maintained a positive view of Zambia, focusing on the country’s improving fiscal position, debt restructuring progress and its growing importance in the global copper supply chain. Major global investment firms and financial institutions, including William Blair, Bank of America,… Read More Here
Epiroc Wins $64 Million Equipment Order for Botswana’s Khoemacau Mine 3 International Copper Corporate News Mining Equipment 

Epiroc Wins $64 Million Equipment Order for Botswana’s Khoemacau Mine

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Epiroc Secures US$64 Million Underground Mining Equipment Order for Botswana Copper Mine Swedish mining technology and equipment company Epiroc has secured a major underground equipment order from MMG to support the expansion of the Khoemacau copper mine in Botswana. The order, valued at approximately Skr610 million (US$64 million), was booked during the third quarter of 2026 and includes a fleet of underground drilling, loading and hauling equipment. Khoemacau is a major underground copper operation located in the Kalahari Copper Belt in north-western Botswana. MMG is working with mining contractors China… Read More Here
DRC Gold Prices Surge as Copper and Other Key Minerals Ease 4 Mining in DRC Copper Economy Gold 

DRC Gold Prices Surge as Copper and Other Key Minerals Ease

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DRC Gold Price Rises to US$145.8 per Gram as Copper Falls to US$14,350 per Tonne Gold prices in the Democratic Republic of Congo (DRC) are expected to rise this week, while copper, cobalt, tin and tantalum prices are projected to decline, according to the latest forecasts from the National Mercurial Commission under the Ministry of Foreign Trade. The projections cover the week of 31 August to 5 September 2026 and point to mixed movements across the country’s major mineral exports. Gold Leads the Gains Gold is expected to record the… Read More Here
India Revives Talks with Zambia on Copper and Critical Minerals Investment 5 Mining in Zambia Copper Investment News 

India Revives Talks with Zambia on Copper and Critical Minerals Investment

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India Reopens Zambia Talks as Global Race for Critical Minerals Intensifies India has resumed discussions with Zambia over potential investment opportunities in copper and other critical minerals as New Delhi steps up efforts to secure overseas mineral supplies to meet growing demand from its expanding economy. Officials from India’s Ministry of Mines held preliminary discussions with their Zambian counterparts on August 26, according to two people familiar with the talks who spoke on condition of anonymity because the discussions were confidential. The renewed engagement follows an earlier breakdown in negotiations… Read More Here
China Nonferrous Mining Seeks $300 Million to Expand Overseas Copper Projects 6 International Copper Corporate News 

China Nonferrous Mining Seeks $300 Million to Expand Overseas Copper Projects

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China Nonferrous Mining Launches $300 Million Convertible Bond to Fund Overseas Copper Projects China Nonferrous Mining Corporation is seeking to raise up to $300 million through a US dollar-denominated convertible bond issue as the Chinese copper producer moves to support the construction and development of its overseas mining projects. According to the terms of the proposed transaction, the bonds will mature in 2031, carry no coupon and constitute senior unsecured debt. They will be issued at 100.5% of face value and redeemed at 100% at maturity, resulting in a yield… Read More Here
Zambia’s Refined Copper Exports Rise 88% in First Seven Months of 2026 7 Mining in Zambia Copper Economy 

Zambia’s Refined Copper Exports Rise 88% in First Seven Months of 2026

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Zambia’s Copper Export Earnings Surge as Refined Copper Shipments Rise Zambia’s refined copper exports recorded a strong increase in the first seven months of 2026, reflecting continued momentum in the country’s copper sector and growing export activity. Refined copper export earnings increased by 88% during the January-to-July period, highlighting the metal’s continued importance to Zambia’s export performance and foreign-exchange earnings. The increase comes as Zambia works to raise copper production and attract investment across the mining sector. Higher production from existing operations, alongside the expansion of major mines and the… Read More Here
KCM Sets Sights on 300,000-Tonne Copper Milestone as Production Recovers 8 Mining in Zambia Copper Corporate News 

KCM Sets Sights on 300,000-Tonne Copper Milestone as Production Recovers

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KCM Copper Production Target: Konkola Mine Aims for 300,000 Tonnes Within Three Years Konkola Copper Mines (KCM) is targeting annual copper production of 300,000 tonnes within the next three years, as the Zambian mining company accelerates its recovery and expansion programme. KCM Chief Executive Officer Malcolm Mewett said the company was encouraged by the recent improvement in production, with the mine producing 10,000 metric tonnes of copper in July. The July output marks a significant step in KCM’s efforts to rebuild production and move towards its longer-term target. Mewett said… Read More Here
Sandvik Expands Kamoa-Kakula Fleet with 19 New Underground Machines 9 Mining in DRC Copper Corporate News Mining Equipment 

Sandvik Expands Kamoa-Kakula Fleet with 19 New Underground Machines

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Sandvik Wins New Kamoa-Kakula Order for 19 Underground Mining Machines in DRC Swedish engineering group Sandvik has secured a new order from Kamoa Copper to supply 19 underground mining machines to the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC), further expanding one of the world’s largest Sandvik underground equipment fleets. The order, valued at approximately SEK275 million ($29 million), comprises 12 Toro TH663i underground trucks and seven Toro LH621i loaders. Two of the loaders will be equipped with Sandvik’s AutoMine technology, enabling remote or autonomous operation. The… Read More Here
Ivanhoe Electric Secures $1.1 Billion US EXIM Backing for Arizona Copper Project 10 International Copper New Mining Projects 

Ivanhoe Electric Secures $1.1 Billion US EXIM Backing for Arizona Copper Project

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Ivanhoe Electric’s Arizona Copper Project Gets $1.1 Billion US EXIM Financing Support Ivanhoe Electric has moved closer to securing up to $1.1 billion in debt financing from the US Export-Import Bank (EXIM) to develop its Santa Cruz Copper Project in Arizona, strengthening efforts to expand domestic copper production in the United States. The company has received a Preliminary Project Letter (PPL) from EXIM following the agency’s completion of preliminary due diligence on the project. The potential financing represents a significant increase from the $825 million indicated in EXIM’s April 2025… Read More Here

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