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Category: Copper

Tanzania Port Closure Disrupts African Copper Shipments to China 1 Transport and Logistics Copper 

Tanzania Port Closure Disrupts African Copper Shipments to China

Constance
Election Unrest in Tanzania Temporarily Halts Copper Exports, Forcing Rerouting to Durban, Walvis Bay, and Beira African copper shipments to China were disrupted by the temporary closure of the Port of Dar es Salaam in Tanzania following election-related unrest. Copper traders and producers in the Central African Copperbelt sought alternative routes for their cargoes, leading to congestion at other ports, including Durban in South Africa, according to multiple market sources. The closure also meant that copper already delivered to Dar es Salaam remained stuck, several sources said, speaking on condition… Read More Here
Dump truck with sky view Mining in Zambia Copper Corporate News 

FQM DELIVERS Q3 COPPER PRODUCTION BOOST AT KANSANSHI AND SENTINEL 

Constance
First Quantum Minerals (FQM) has reported increases in copper production at both its Kansanshi and Sentinel mines in North-Western Province, reinforced by the completion of its S3 processing plant at Kansanshi. Its Kansanshi operation in Solwezi reported 47,000 tonnes of copper production in the third quarter of this year, an increase of nearly 7,000 tonnes from the previous quarter. The improvement was mainly driven by higher mill throughput with the commissioning of the S3 expansion project, which was officially launched by President Hakainde Hichilema in August. “The ramp-up of S3… Read More Here
Ivanhoe Mines Reports $31 Million Q3 Profit as Kamoa-Kakula Output Dips Amid Flooding 2 Corporate News Copper Mining in DRC 

Ivanhoe Mines Reports $31 Million Q3 Profit as Kamoa-Kakula Output Dips Amid Flooding

Constance
Ivanhoe Mines Q3 2025 Profit Falls to $31 Million as Kamoa-Kakula Faces Flooding; Kipushi and Platreef Projects Advance Ivanhoe Mines has reported a profit of $31 million for the quarter ended September 30, 2025, compared with $108 million in the same period last year. The decline was primarily driven by a lower share of profit from the Kamoa Holding joint venture (JV), which operates the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). The company’s share of profit from the JV was $72 million lower year-on-year, as Kamoa-Kakula… Read More Here
Zambia’s CNMC Shaft 28 Nears Completion of Dewatering, Set to Resume Copper Production by 2026 3 Mining in Zambia Copper 

Zambia’s CNMC Shaft 28 Nears Completion of Dewatering, Set to Resume Copper Production by 2026

Constance
Revival of Luanshya’s Shaft 28 Marks a New Era for Zambia’s Copperbelt Tremendous progress is underway at CNMC Shaft 28 in Luanshya, marking a historic revival for a mine that lay dormant for more than two decades. The project has become a symbol of Zambia’s mining resurgence under President Hakainde Hichilema’s administration. The site is on track to complete dewatering by December 2025, with copper production scheduled to resume in August 2026—a major milestone for both the Copperbelt and the national economy. Government Applauds Rapid Progress During a recent inspection… Read More Here
Angola to Launch Its First Major Copper Mine as Nation Pushes to Diversify Beyond Oil 4 New Mining Projects Copper International 

Angola to Launch Its First Major Copper Mine as Nation Pushes to Diversify Beyond Oil

Constance
Tetelo Copper Mine to Begin Production on October 29, Marking Angola’s Entry into Global Clean Energy Mineral Supply Angola’s first large-scale copper project, the Tetelo Mine, will officially begin production on October 29, government officials announced on Wednesday. The project marks a major milestone in the oil-rich African nation’s drive to diversify its economy and strengthen its role in the global transition to clean energy minerals. The $250 million Tetelo Mine is operated by Shining Star Icarus, a joint venture between China’s Shining Star International Group and Sociedade Mineira de… Read More Here
MMG Reports Rising Copper Losses from Informal Mining at Las Bambas Site in Peru 5 International Copper Corporate News 

MMG Reports Rising Copper Losses from Informal Mining at Las Bambas Site in Peru

Constance
MMG Raises Estimate of Copper Lost to Informal Mining at Peru’s Las Bambas to 90,000 Tons Chinese-owned MMG Ltd. has increased its estimate of copper extracted by informal miners within its Las Bambas concession in Peru, revealing escalating challenges at one of the world’s largest copper operations. According to the company’s latest disclosures and responses to Bloomberg, an estimated 90,000 metric tons of copper have been removed over the past 15 years from land designated for MMG’s next open pit, known as Sulfobamba. This marks a rise from a previous… Read More Here
Africa Finance Corp to Launch Bids for Zambia-Angola Railway Linking Copper Mines to Lobito Port 6 Mining in Zambia Copper Infrastructural Development Transport and Logistics 

Africa Finance Corp to Launch Bids for Zambia-Angola Railway Linking Copper Mines to Lobito Port

Constance
New Zambia-Angola Railway to Boost Copper Exports and Create Jobs, Says Africa Finance Corp The Africa Finance Corporation (AFC) plans to issue bids in the coming months for the construction of a new railway connecting Zambia’s copper-rich region to the Angolan port of Lobito, a move set to strengthen regional trade and infrastructure. According to Samaila Zubairu, AFC President, the tender will be divided into three parts, covering: Construction of rail links in Zambia, Construction of rail links in Angola, and Provision of rolling stock and railway systems. Groundbreaking for… Read More Here
DRC and Hydro-Link Sign $1.5 Billion Deal to Power Mining Belt with Angolan Hydropower 7 Mining in DRC Cobalt Copper Hydro power plant 

DRC and Hydro-Link Sign $1.5 Billion Deal to Power Mining Belt with Angolan Hydropower

Constance
DRC Partners with Hydro-Link in $1.5 Billion Project to Supply 1,200MW of Clean Energy to Copper and Cobalt Mines The Democratic Republic of Congo (DRC) has signed a $1.5 billion preliminary agreement with Hydro-Link, a unit of Symbion Power, to construct a major 1,160-kilometer (720-mile) electricity transmission line connecting Angola’s hydropower plants to Congo’s key copper and cobalt mining region. Once complete, the project will deliver up to 1,200 megawatts (MW) of clean, renewable energy to the DRC’s mining heartland—helping reduce reliance on costly and polluting diesel generators that many… Read More Here
Zambia’s Kwacha Surges to 2025 Highs as Copper Boom Fuels Investor Confidence 8 Mining in Zambia Copper Economy 

Zambia’s Kwacha Surges to 2025 Highs as Copper Boom Fuels Investor Confidence

Constance
Zambian Kwacha Becomes Africa’s Best-Performing Currency in 2025 Amid Copper Price Rally The Zambian kwacha continued its impressive rally on Thursday, gaining more than 3% against the U.S. dollar—its strongest single-day advance in months. The currency has now appreciated over 21% since the start of the year, earning the distinction of being Africa’s best-performing currency in 2025. This sharp ascent reflects a resurgence of investor confidence in Zambia’s economy, powered primarily by robust fundamentals in the copper sector and steady progress in macroeconomic management. Key Drivers of the Kwacha’s Strength… Read More Here
Surging Copper Prices Position DRC and Zambia for Major Revenue Growth Amid Global Supply Crunch 9 Mining in DRC Copper Economy Mining in Zambia 

Surging Copper Prices Position DRC and Zambia for Major Revenue Growth Amid Global Supply Crunch

Constance
Copper Prices Hit 17-Month High, Boosting Economic Prospects for DRC and Zambia Global copper prices have soared to their highest levels in 17 months, creating new economic opportunities for Africa’s top producers—the Democratic Republic of the Congo (DRC) and Zambia. As global supply disruptions and speculative investment fuel a rally in the red metal, both nations are poised to benefit from a surge in export revenues and renewed investor confidence. Copper prices climbed by 3.45% on October 13, 2025, reaching $10,775 per metric ton, the highest level since May 2024.… Read More Here

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