Copper - Copperbelt Katanga Mining

Molefe Copper Mine in Zambia Set for Expansion Through Jubilee-Galileo Partnership 1

Jubilee Metals and Galileo Resources Form Strategic Alliance to Accelerate Molefe Copper Mine Development in Zambia Johannesburg- and London-listed Jubilee Metals Group has signed a cooperation and project development agreement with Galileo Resources to fast-track exploration and development at the Molefe copper mine in Zambia. Under the deal, Galileo can earn up to a 23.75% interest in the project by investing $700,000 in resource development work. The agreement leverages Jubilee’s operational and processing expertise in Zambia alongside Galileo’s exploration and geological capabilities, allowing each company to focus on core workstreams,… Read More Here

Mining in DRC Cobalt Copper

DRC Engages Japanese Delegation on Strategic Copperbelt Mineral Supply Chain Initiative

November 30, 2025 Constance

Japan Presents Master Plan to Strengthen DRC Copperbelt Mineral Supply Chain On Friday, November 28, 2025, the Government of the Democratic Republic of Congo (DRC) hosted a delegation of Japanese companies in Kinshasa to present a Master Plan aimed at structuring and securing the supply chain of critical minerals in the Copperbelt region, a key area spanning the DRC and Zambia. The Japanese initiative reflects a global push to diversify sources of minerals essential for the energy transition, particularly cobalt, copper, and germanium. Japan’s engagement signals a strategic move to… Read More Here

Mining in Zambia Copper Corporate News

FQM Reaffirms Commitment to Zambian Suppliers as Local Content SI 68 Takes Effect

November 30, 2025November 30, 2025 Constance

FQM Deepens Support for Zambian Suppliers as Local Content SI 68 Ushers in New Opportunities First Quantum Minerals (FQM) has reiterated its commitment to expanding opportunities for Zambian businesses through Local Content Statutory Instrument No. 68 (SI 68) — a policy aimed at increasing local participation in the mining supply chain. Speaking during the Mine Suppliers & Contractors Day in Kitwe, FQM executives emphasized that the company has long been investing in local procurement and supplier development, even before SI 68 came into force. Through structured capacity-building programs and expanded… Read More Here

International Copper

Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates

November 28, 2025November 28, 2025 Constance

UBS Predicts Copper at $13,000/Ton by 2026 Amid Supply Disruptions and Soaring Green Energy Demand According to new projections from UBS, copper prices could surge to $13,000 per ton by December 2026, driven by a dual shock: persistent disruptions in global mining operations and an unprecedented rise in demand fueled by the worldwide energy transition. A chart published by Mining Visuals shows a steady upward trend: $11,500 in March 2026, $12,000 in June, $12,500 in September, and a peak of $13,000 by year’s end. This continuous rise reflects growing pressure… Read More Here

Corporate News Copper Lithium Mining in Zambia

Prospect Resources Shifts Focus from Namibia Lithium to Zambian Copper

November 27, 2025November 27, 2025 Constance

Prospect Resources Quietly Holds Omaruru Lithium Project in Namibia While Advancing Zambian Copper Strategy Prospect Resources spent the past year reshaping its portfolio, selling the Step Aside lithium project in Zimbabwe and turning its corporate focus toward copper assets in Zambia. Yet one asset quietly remained on the company’s books: the Omaruru Lithium Project in Namibia. Interestingly, Prospect made no mention of Omaruru in its November 25 corporate presentation, despite the project’s history and potential suggesting a more nuanced story. Before Prospect’s involvement, the Omaruru project had undergone systematic exploration… Read More Here

Mining in DRC Copper Corporate News

Kamoa Copper Lights Up Africa’s Largest Eco-Friendly Copper Smelter in DRC

November 27, 2025November 27, 2025 Constance

Kamoa Copper Inaugurates Furnace at Africa’s Largest Sustainable Copper Smelter On November 21, 2025, Kamoa Copper officially inaugurated the furnace at Africa’s largest and most environmentally friendly copper smelter, marking a historic milestone for the company and the Democratic Republic of Congo’s mining industry. The event represents a major advance in copper processing capacity on the continent. The ceremony, held in Lualaba province, blended modern engineering with ancestral tradition. In a nearby village close to Sammukoko, Cité Maseka, and Cité Mpesa Moya, a traditional furnace known as Lwanzo lua mikuba… Read More Here

International Copper Corporate News Gold New Mining Projects

Barrick Confirms Commitment to $7B Reko Diq Copper Project in Pakistan

November 27, 2025November 27, 2025 Constance

Barrick Reaffirms Support for Reko Diq Copper Mine Amid Speculation of Asset Sale Barrick Mining has reiterated its commitment to the Reko Diq copper mine in Pakistan, one of the world’s largest undeveloped copper deposits, following media reports suggesting the company might consider a withdrawal. The $7-billion project, located in the remote and insurgency-affected western province of Balochistan, is a 50-50 joint venture between Barrick and Pakistani authorities. It is expected to begin production by the end of 2028. Reports this month cited sources familiar with Barrick’s internal discussions, suggesting… Read More Here

Mining in Zambia Cobalt Copper

Zambian Presidency Rejects Proposal for Free 15% State Stake in Critical Mineral Mines

November 27, 2025November 27, 2025 Constance

Zambia Blocks Draft Regulation Seeking 15% Free-Carried State Interest in Copper and Critical Mineral Projects Zambia’s Presidency has dismissed proposed regulations that would grant the government a minimum 15% free-carried, non-dilutable stake in mining companies producing copper and other critical minerals. The draft statutory instrument proposes that the state hold at least 15% ownership in any mining operation involving a critical mineral—without paying for the stake. It also outlines a mechanism through which government participation could rise to 40%, achieved by forfeiting dividends and offering tax concessions rather than making… Read More Here

Copper International

Copper Mark and SSI Partner to Strengthen Responsible Copper Sourcing for the Solar Industry

November 27, 2025November 27, 2025 Constance

Copper Mark–SSI Agreement Aims to Boost Responsible Copper Production for Growing Solar Supply Chain The Copper Mark and the Solar Stewardship Initiative (SSI) have signed a memorandum of understanding (MoU) to advance responsible copper production and sourcing across the global solar energy value chain. Announced on November 27, the partnership reflects copper’s crucial role in solar energy generation and transmission. As renewable energy demand accelerates, the need for coordinated action among mining, processing and manufacturing stakeholders has become increasingly urgent. The agreement aims to link upstream and downstream assurance systems… Read More Here

Copper International

Global Copper Crunch Set to Deepen in 2026 as Supply Struggles to Keep Pace

November 27, 2025November 27, 2025 Constance

Copper Supply Deficit to Hit 500,000 Tons in 2026, Driving Prices to New Highs, Mercuria Warns A tightening squeeze in global copper markets is expected to intensify next year, driving prices for both copper concentrate and refined metal to new highs, according to Mercuria’s head of metals research, Nicholas Snowdon. Snowdon — a prominent copper bull at the Geneva-based commodity trading firm — said the global copper concentrate market will face a deficit of roughly 500,000 tons in 2026, mirroring the shortfall anticipated for 2025. Concentrate is the raw material… Read More Here