Copper - Copperbelt Katanga Mining

KCM Launches Strategic Nchanga Smelter Upgrade to Accelerate Copper Production Growth

June 2, 2026June 2, 2026 Constance0 comment

KCM Begins 60-Day Nchanga Smelter Shutdown as Part of Ambitious Expansion and Modernization Plan Vedanta Resources-owned Konkola Copper Mines (KCM) has commenced a planned 60-day shutdown of its Nchanga Smelter in Zambia to undertake critical maintenance, and refurbishment works aimed at improving operational performance and supporting future production growth. The company announced that the shutdown, which began this month, forms part of a broader modernization strategy designed to enhance efficiency, reliability, and long-term sustainability across its operations. KCM produced 80,215 tonnes of copper in 2025, according to data from Zambia’s… Read More Here

International Copper

Chile Copper Output Drops 13.8% in April as Lower Ore Grades Hit Major Mines

May 30, 2026May 30, 2026 Constance0 comment

Chile’s Copper Production Falls Sharply in April Amid Weaker Ore Grades and Output Decline Copper production in Chile, the world’s largest producer of the metal, declined by 13.8% year-on-year in April, according to data released on Friday by the National Statistics Institute (INE). Output fell to 399,954 metric tons, compared with 464,056 tons recorded in the same month last year. The agency attributed the decline to a high base of comparison and lower ore grades at major mining operations across the country. Chile’s broader industrial activity also weakened during the… Read More Here

Mining in Zambia Copper News in Brief

Trafigura Wins $92 Million Arbitration Award Against Zambia’s ZCCM-IH

May 30, 2026May 30, 2026 Constance0 comment

Zambia’s ZCCM-IH Ordered to Pay $92 Million to Trafigura in Copper Dispute Arbitration A London arbitration tribunal has ordered Zambia’s state-linked investment firm, ZCCM Investments Holdings Plc (ZCCM-IH), to pay approximately $92 million to global commodity trader Trafigura following a long-running dispute involving a prepayment agreement with Konkola Copper Mines. According to a statement released on the Lusaka Securities Exchange, the award includes $69.3 million in principal, $19.7 million in interest, as well as additional arbitration costs and legal fees in favor of Trafigura. ZCCM-IH said it is currently reviewing… Read More Here

Copper Corporate News International

Panama to Release Final Audit of FQM’s Cobre Panama Mine as Protests Intensify

May 29, 2026May 29, 2026 Constance0 comment

Panama Prepares Final Audit on Cobre Panama Mine Amid Renewed Protests and Political Tensions Panama is set to publish the final audit of First Quantum Minerals’ (TSX: FM) suspended Cobre Panama copper mine on Friday, as anti-mining protests resurface and expectations build over the government’s next decision on the operation’s future. Environment Minister Juan Carlos Navarro confirmed that the third-party audit will be released publicly “with full transparency” once finalized, according to local media outlet La Estrella de Panamá. The audit has now entered its final stage of technical review… Read More Here

Mining in Zambia Copper Corporate News Investment News

Jubilee Metals Secures $1.5m Investment to Accelerate Zambia Copper Expansion

May 29, 2026May 29, 2026 Constance0 comment

Jubilee Metals Advances Molefe Copper Growth Strategy with New Funding Investment Zambia-focused integrated copper producer and resource developer Jubilee Metals, listed on both the AIM and AltX, has secured a $1.5 million unsecured convertible loan note to accelerate development across the greater Molefe region. The investment comes from an undisclosed backer with a strong track record in copper project development, including involvement in Mantos Copper and its subsequent merger with Capstone Copper. Jubilee Metals said the funding reflects strong investor confidence in its copper exploration and mining strategy in Zambia,… Read More Here

Mining in Zambia Copper Corporate News Exploration

Arc Minerals Resolves All Zambia Legal Disputes to Refocus on Copper Exploration Growth

May 28, 2026May 28, 2026 Constance0 comment

Arc Minerals Ends All Zambia Litigation Through Comprehensive Settlement, Clearing Path for Copper Exploration Expansion London-listed Arc Minerals has reached a comprehensive settlement agreement that fully resolves all outstanding legal disputes involving the company and several related entities in Zambia. The agreement brings to a close multiple litigation proceedings that had been ongoing across various Zambian courts and tribunals, allowing the company to focus on advancing its copper exploration and development projects in Zambia and Botswana. Comprehensive settlement agreement reached The settlement was signed between Arc Minerals, Handa Resources, Unico… Read More Here

Mining in Zambia Copper Corporate News

KCM Accelerates Recovery with US$600 Million Investment and Renewed Focus on Safety, Growth, and Copper Production

May 28, 2026May 28, 2026 Constance0 comment

Konkola Copper Mines Invests US$600 Million in Revitalization as Leadership Targets 300,000 Tonnes Copper Output by 2031 Konkola Copper Mines Group CEO Deshnee Naidoo has praised employees for their commitment and dedication, expressing confidence in the company’s recovery and long-term growth strategy during a Town Hall Meeting held at the Mine Club. The meeting focused on reinforcing safety standards, improving operational performance, and updating employees on the company’s ongoing transformation and revitalization agenda. Leadership emphasizes safety and accountability Addressing employees, Ms. Naidoo stressed the importance of teamwork, accountability, and continuous… Read More Here

Mining in DRC Cobalt Copper Corporate News

Jinchuan Probe Flags Suspected Financial Misconduct at Congo Mining Unit

May 27, 2026May 27, 2026 Constance0 comment

Jinchuan Investigates Alleged $145 Million Irregular Payments at DRC’s Copper-Cobalt Mine Jinchuan Group International Resources Co says an independent investigation has identified approximately $145 million in suspected irregular payments linked to its copper and cobalt operations in the Democratic Republic of Congo. The investigation focused on Ruashi Mine, where the company said former local employees may have exploited weak procurement and payment controls between 2019 and 2024 through questionable supplier transactions, cash payments, and disputed invoices. In a filing released late Friday, Jinchuan said investigators reviewed financial transactions during a… Read More Here

Mining in Zambia Copper Corporate News Economy Taxes

FQM Contributes $3.46 Billion to Zambia’s Economy in 2025

May 25, 2026May 25, 2026 Constance0 comment

First Quantum Minerals Reports $3.46 Billion Economic Contribution to Zambia Through Taxes, Jobs and Procurement in 2025 Canadian mining company First Quantum Minerals has reported a total economic contribution of approximately $3.46 billion to Zambia in 2025, according to its latest Tax Transparency and Economic Contributions Report. The report highlights the company’s significant role in the Zambian economy through taxation, employment, procurement, and community investment activities across its mining operations. During the year, First Quantum Minerals employed more than 12,000 people in Zambia and engaged over 11,500 contractors, while also… Read More Here

Copper Corporate News Mining in Zambia

KCM Restarts Chingola “B” Mine After 18-Year Shutdown in Major Zambia Copper Expansion Push

May 23, 2026May 23, 2026 Constance0 comment

Konkola Copper Mines Restarts Chingola B Mine After 18 Years as Zambia Targets 3 Million Ton Copper Output by 2031 Konkola Copper Mines (KCM) has resumed mining operations at its Chingola “B” Mine, marking the restart of activity after 18 years of closure. The move forms part of Zambia’s broader strategy to significantly scale up copper production as the country targets more than 3 million tonnes of annual output by 2031. The Chingola B Mine is located within the larger Nchanga mining complex and is expected to play a key… Read More Here