Copper - Copperbelt Katanga Mining

DRC Minister of Mines Meets CMOC to Review Production and Expand Investment Plans 1

CMOC Reports 700,000 Tonnes of Copper Output and Plans US$8 Billion Investment Expansion in the DRC The Minister of Mines of the Democratic Republic of Congo (DRC), Louis Watum Kabamba, on Tuesday, December 16, 2025, received a delegation from China Molybdenum Company (CMOC), one of the country’s leading mining operators. CMOC is notably active in the DRC through the Tenke Fungurume Mining (TFM) and Kisanfu Mining (KFM) projects. The meeting, held as part of end-of-year courtesy engagements, provided an opportunity for the Chinese mining group to present its annual production… Read More Here

Mining in Zambia Copper Corporate News

FQM Welcomes Zambia’s 2025 Local Content Regulations

December 16, 2025December 16, 2025 Constance

First Quantum Minerals Supports Zambia’s Local Content Rules to Boost Domestic Participation in Mining First Quantum Minerals has welcomed the Minerals Development (Preference for Zambian Goods and Services) Regulations, 2025, recently issued by the Ministry of Mines and Minerals Development, describing the measure as a positive step toward strengthening local participation in Zambia’s mining sector. The company, which has maintained a continuous investment presence in Zambia for nearly three decades, reaffirmed its support for initiatives aimed at expanding opportunities for Zambian businesses throughout the mining value chain. First Quantum emphasized… Read More Here

Copper Corporate News International

Glencore Targets Major Copper Production Expansion as Operational Reset Gains Momentum

December 12, 2025December 12, 2025 Constance

Glencore Plans 1.6 Million Tonnes of Copper Output by 2035 Amid Global Supply Tightness Glencore has outlined an ambitious plan to lift its annual copper production to approximately 1.6 million tonnes by 2035, signaling a strategic shift aimed at reversing several years of declining output. Chief executive Gary Nagle told investors in London that the company expects its base copper business to surpass 1 million tonnes per year by the end of 2028, placing Glencore among the world’s top five copper producers. The production push comes as global miners accelerate… Read More Here

Copper Economy Mining in Zambia News in Brief

Zambia’s Copper Industry Records Strong Growth as Production Approaches One Million Tons

December 7, 2025December 7, 2025 Constance

Zambia’s Copper Export Earnings Surge 31% in October 2025 as Output Nears Historic Peak Zambia’s copper sector posted impressive results in October 2025, with export earnings from refined copper rising by 31.2% to K20.8 billion, up from K15.0 billion in September. The sharp monthly increase reflects sustained growth in national copper output as the country moves closer to surpassing one million tons of annual production—a milestone not reached in recent years. This rebound comes amid firm global copper prices and growing international demand, driven by the expansion of renewable energy… Read More Here

International Copper Corporate News

Mercuria Moves to Withdraw $500 Million in Copper Amid Looming Global Shortages

December 7, 2025December 7, 2025 Constance

Mercuria Orders $500M Copper Withdrawal from LME as US Tariff Threat Fuels Global Supply Crunch Mercuria Energy Group Ltd. has ordered roughly $500 million worth of copper for withdrawal from warehouses supervised by the London Metal Exchange (LME), positioning itself ahead of a possible global supply squeeze driven by looming US tariffs. According to people familiar with the matter, Mercuria was the primary party behind requests to withdraw about 50,000 tons of copper from LME depots on Wednesday. The cancellations mark the largest removal of LME copper inventories in more… Read More Here

Mining in DRC Cobalt Copper Corporate News

Mercuria and Gécamines Launch Copper and Cobalt Trading Venture in the DRC

December 6, 2025December 6, 2025 Constance

New Mercuria–Gécamines Joint Venture Aims to Boost Copper and Cobalt Exports from the DRC Mercuria Energy Trading has launched a metals-trading joint venture with Gécamines, the Democratic Republic of Congo’s state-owned mining company, to market copper and cobalt acquired through Gécamines’ equity stakes in local mining projects. According to Kostas Bintas, head of metals at Mercuria Energy Group, the venture could eventually market more than 500,000 tons of copper cathodes per year, in addition to substantial volumes of cobalt. The agreement coincides with recent cooperation between the United States and… Read More Here

Copper Battery Metals Cobalt Mining in DRC

U.S. Considers Over $1 Billion for Critical Minerals and Railway Projects in Central Africa

December 6, 2025December 6, 2025 Constance

U.S. Advances Funding Talks for Mineral and Rail Projects in Central Africa The United States is in talks to provide more than $1 billion in support for two major initiatives in Central Africa, as Washington seeks to secure supplies of minerals considered essential for national security. According to the U.S. International Development Finance Corporation (DFC), the agency plans to back a new copper and cobalt partnership between the Democratic Republic of Congo’s Gécamines and Switzerland’s Mercuria Energy Trading, along with a railway project connecting the DRC and several Central and… Read More Here

Mining in DRC Copper Corporate News

Kamoa-Kakula Smelter Launched After Traditional Ceremony Marks Start of Operations

December 4, 2025December 8, 2025 Constance

Kamoa-Kakula Copper Smelter Begins Operations After Inaugural Heating Ceremony in DRC The Kamoa-Kakula copper smelter, promoted as the largest and most environmentally advanced on the African continent, officially began heating on November 21, 2025. Ivanhoe Mines, the operator of the copper complex in Lualaba province, confirmed that the first feed of concentrate was expected before the end of the year. The launch was marked by a traditional ceremony led by Chief Musokantanda Sabuni Kafweku, symbolizing the connection between ancestral customs and the industrial ambition of the project. A flame from… Read More Here

Mining in DRC Copper

DRC Mineral Markets See Mixed Movements as Copper Continues Upward Trend

December 4, 2025December 4, 2025 Constance

Copper Prices Rise as Other Key DRC Minerals Show Mixed Performance in Early December 2025 International markets displayed contrasting trends for the Democratic Republic of Congo’s (DRC’s) major mineral exports during the week of December 1–6, 2025. According to projections from the National Market Commission of the Ministry of Foreign Trade, copper continued its recent momentum with a notable increase, while several other minerals fluctuated between stability and decline. Copper is expected to reach $10,823.83 per tonne, up from $10,769.55 the previous week. Although modest, this rise reinforces an ongoing… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects News in Brief

Galileo Resources Launches Drilling Program at Molefe Copper Project in Zambia

December 4, 2025December 4, 2025 Constance

Galileo Resources Begins Drilling at Zambia’s Molefe Copper Project with Jubilee Metals IM-listed Galileo Resources has commenced drilling at its Molefe copper project in Zambia following the signing of a conditional cooperation and project development agreement with Jubilee Metals on November 27. The drilling program began with two holes completed out of an anticipated ten-hole campaign, initiated under the terms of the collaboration agreement. The program has multiple objectives: maintaining the current production profile over the next three months, replacing depleted resources over a six-month mid-term horizon, and executing a… Read More Here