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Zijin Mining Targets Tungsten and Uranium in Strategic Expansion

March 19, 2026March 19, 2026 Constance

Zijin Mining Eyes Tungsten and Uranium Investments as Global Demand for Critical Minerals Surges Zijin Mining Group, China’s largest producer of gold and copper, is expanding its investment focus to include strategic metals such as tungsten and uranium, as intensifying global competition for critical minerals drives prices higher. The move reflects a broader industry shift toward securing materials essential for energy, defence, and advanced manufacturing. “We are looking to expand our position in tungsten and other strategic metals, including uranium,” said Lisa Liu, Managing Director and portfolio manager at Gold… Read More Here

Mining in DRC Cobalt Copper Corporate News

Tenke Fungurume Mining Rejects Environmental Report Findings

March 19, 2026March 19, 2026 Constance

TFM Disputes EIA Report, Calls Allegations on Emissions and Health Impacts Inaccurate Tenke Fungurume Mining (TFM) has strongly rejected the findings of a report published on March 9, 2026 by the Environmental Investigation Agency (EIA), describing its conclusions as “factually inaccurate” and based on “unsupported assumptions.” In a formal statement, TFM said it had engaged openly with the EIA’s concerns, providing a written response on February 10 following earlier correspondence in January. The company, however, criticised the final report for failing to accurately reflect its submissions, arguing that this had… Read More Here

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KoBold Metals Advances Mingomba Copper Project in Zambia

March 19, 2026March 19, 2026 Constance

KoBold Metals Begins Mingomba Copper Development in Zambia, Targets Early 2030s Production KoBold Metals, the mining firm backed by U.S. billionaires Jeff Bezos and Bill Gates, has officially commenced development of its Mingomba copper project in Zambia, with production targeted for the early 2030s. The development marks a significant step in Zambia’s efforts to expand copper output and strengthen its position in the global energy transition supply chain. The announcement follows closely on a separate regional development in which Burundi signed a three-year agreement with KoBold Metals and Lifezone Metals… Read More Here

International Copper Mining Personality

BHP Names Brandon Craig CEO as Copper Takes Centre Stage in Strategic Shift

March 18, 2026March 18, 2026 Constance

BHP Appoints Brandon Craig as CEO, Signaling Pivot to Copper and Growth in the Americas BHP (ASX, LON: BHP) has promoted long-serving executive Brandon Craig to chief executive officer, cementing the miner’s strategic pivot toward copper as Mike Henry’s tenure comes to an end. Craig, a 25-year veteran, will assume the role on July 1 after leading BHP’s Americas division, overseeing its expanding copper and potash portfolio. While speculation tied Henry’s departure to BHP’s failed $49 billion bid for Anglo American (LON: AAL), the transition had been planned since last… Read More Here

Mining in DRC Cobalt Copper Corporate News

DRC Moves to Approve Chemaf Sale to US Firm Virtus Minerals

March 18, 2026March 18, 2026 Constance

Democratic Republic of the Congo Set to Approve Chemaf Sale to Virtus Minerals in Strategic US Critical Minerals Push The Democratic Republic of the Congo (DRC) is reportedly preparing to approve the sale of mining company Chemaf to US-based Virtus Minerals, a move that would advance a strategic minerals partnership between Washington and Kinshasa. According to sources cited by Bloomberg News, Congo’s Mines Minister, Louis Watum, informed Virtus that the government intends to clear the transaction. The approval would mark a significant step in the transfer of one of the… Read More Here

Mining in Zambia Copper

Zambia HIV Aid Talks With US Intersect With Copper Mining Interests

March 16, 2026March 16, 2026 Constance

US Ties $1.5 Billion HIV/AIDS Aid Package to Zambia Mining Talks Amid Critical Minerals Race The administration of Donald Trump has linked discussions over HIV/AIDS funding for Zambia with broader negotiations involving the country’s mining sector, highlighting how the global race for critical minerals is increasingly intersecting with foreign aid, according to a report by The New York Times. At the center of the discussions is a proposed $1.5 billion US health aid package intended to support Zambia’s fight against HIV and other infectious diseases. According to the report, United… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Secures $1.8M Copper Feed Deal in Zambia

March 15, 2026March 16, 2026 Constance

Jubilee Metals Buys High-Grade Copper Ore for Zambia’s Roan Concentrator as Large Waste Project Moves Toward JV Jubilee Metals Group has secured additional high-grade copper feed material for its Roan Concentrator in Zambia in a transaction valued at $1.8 million. The company said the payment will be settled through the issuance of 29.76 million new ordinary shares priced at 4.48 pence per share, representing a 14.3% premium to Jubilee’s closing share price on March 9. Strengthening Copper Processing Operations Chief Executive Officer Leon Coetzer said the company continues to work… Read More Here

Corporate News Copper International

First Quantum Minerals to Sell Çayeli Copper-Zinc Mine in Türkiye for $340 Million

March 15, 2026March 15, 2026 Constance

First Quantum Minerals Sells Çayeli Mine in Türkiye to Cengiz Holding for $340M to Focus on Core Assets Canadian mining company First Quantum Minerals has agreed to sell its Çayeli Mine in Türkiye to a company controlled by Cengiz Holding as part of a strategy to raise capital and refocus on priority assets. Under a binding agreement, Turkish construction and industrial firm Cengiz Insaat will acquire the underground copper-zinc operation for $340 million in cash, including an advance payment of $50 million, according to a statement released by First Quantum.… Read More Here

Mining in Zambia Copper Corporate News

ZCCM-IH’s Royalty Bet Pays Off as Kansanshi Deal Delivers $110.6 Million

March 13, 2026March 16, 2026 admin

ZCCM-IH Earns $110.6 Million From Kansanshi Mine Royalty After Swapping Dividends for Revenue Share ZCCM Investments Holdings Plc’s decision to swap dividend rights for a revenue-linked royalty at Kansanshi Mining Plc is proving lucrative, with the state-linked investor pocketing $110.6 million between 2022 and 2024. The Lusaka-based company introduced the 3.1% gross revenue royalty in 2021, a move designed to stabilize cash flow from Zambia’s largest copper mine. The payments have continued even as Kansanshi suspended dividends in 2023 and 2024, underscoring how the model shields Zambia from the volatility… Read More Here

Mining in Zambia Copper Economy

Zambia Seeks Global Investment to Triple Copper Production by 2031

March 11, 2026March 15, 2026 Constance

Zambia Targets 3 Million Tons of Copper by 2031 as Government Courts Global Investors Zambia is actively courting international investors, including those from the United States, as it works toward an ambitious goal of tripling its copper production to 3 million metric tons by 2031, Mines Minister Paul Kabuswe said on Tuesday. Africa’s second-largest copper producer after the Democratic Republic of the Congo is increasingly viewed as a strategic partner for the United States. Washington has been stepping up efforts to diversify supply chains for critical minerals and reduce reliance… Read More Here