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Category: Copper

Zambia to Launch Mining Revenue Stabilization Fund 1 Mining in Zambia Copper Economy 

Zambia to Launch Mining Revenue Stabilization Fund

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Zambia to Create “Rainy Day” Fund as Copper Revenues Surge Amid Record Production Zambia, Africa’s second-largest copper producer, will channel higher-than-expected mining revenues into a stabilization fund this year, creating a fiscal buffer to protect the economy when copper prices retreat. Secretary to the Treasury Felix Nkulukusa described the mechanism as a “rainy day” fund designed to capture excess mineral revenues as production climbs to record levels while prices remain near historic highs. Any mining revenue collected above budget projections will be deposited into the fund rather than immediately spent.… Read More Here
DRC Mineral Export Prices Decline, Tin Records Steepest Weekly Drop 2 Mining in DRC Copper Gold Zinc 

DRC Mineral Export Prices Decline, Tin Records Steepest Weekly Drop

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DRC Tin Price Falls to $48,089 per Ton as Copper, Gold and Zinc Also Decline Export prices for several of the Democratic Republic of Congo’s key minerals are projected to decline during the week of February 23–28, 2026, with tin registering the sharpest drop, according to forecasts from the National Market Commission under the Ministry of Foreign Trade. Tin is expected to trade at $48,089 per ton, down from $49,756 the previous week a decrease of $1,667. This marks the most significant weekly decline among the country’s principal mineral exports… Read More Here
Dump truck with sky view Mining in Zambia Copper Corporate News 

Govt Praises Kansanshi for Driving Local Supplier Development in North-Western Province

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Zambia Government Commends Kansanshi Mining for Local Supplier Tender and Bid Workshop The Zambian Government, through the Ministry of Mines and Minerals Development in North-Western Province, has applauded Kansanshi Mining PLC for hosting a Tender and Bid Workshop designed to enhance the capacity of local suppliers and contractors. Speaking at the closing session, North-Western Province Deputy Permanent Secretary Luckson Mulumbi underscored the critical role of local content development in strengthening Zambia’s mining value chain. He reaffirmed Government’s commitment to maintaining a stable, investor-friendly environment while ensuring that Zambians derive tangible… Read More Here
Kibali Breaks Revenue Record as Gold Prices Surge Despite Lower Output 3 Mining in DRC Copper Corporate News Economy Gold 

Kibali Breaks Revenue Record as Gold Prices Surge Despite Lower Output

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Kibali Gold Mine Revenue Tops $2.3 Billion in 2025 as Rising Gold Prices Offset Production Dip The Kibali gold mine in northeastern Democratic Republic of Congo delivered record financial results in 2025, generating approximately $2.3 billion in total revenue the strongest performance since large-scale production began in 2014. Operator Barrick Mining, which holds a 45% stake in the mine, reported that its attributable share amounted to $1.04 billion. On a full ownership basis, Kibali surpassed the $2 billion revenue mark for the first time, representing a 40% increase compared with… Read More Here
DRC, Belgium, and KoBold Metals in Dispute Over Colonial Mineral Archives 4 Mining in DRC Battery Metals Cobalt Copper Corporate News Lithium 

DRC, Belgium, and KoBold Metals in Dispute Over Colonial Mineral Archives

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Cobalt and Lithium Data Sparks Tension: DRC Seeks KoBold Metals Collaboration as Belgium Restricts Archive Access An economic and strategic dispute is unfolding between Belgium, the Democratic Republic of Congo (DRC), and the American company KoBold Metals, centering on colonial geological archives housed at the AfricaMuseum in Tervuren. These archives contain detailed data on the DRC’s mineral resources, including cobalt, lithium, and copper now critical to global supply chains. For Kinshasa, these documents are not just historical records; they represent strategic informational capital essential for attracting investment and optimizing resource… Read More Here
Jubilee Metals Reports Strong Half-Year Copper Performance in Zambia 5 Copper Corporate News Mining in Zambia 

Jubilee Metals Reports Strong Half-Year Copper Performance in Zambia

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Jubilee Metals Hits 30,000t/Month Copper Feed Rate at Roan, Advances Molefe Mine and Large Waste Project in Zambia Aim-listed Jubilee Metals has reported a strong set of results from its core copper operations in Zambia for the half-year ended 31 December 2025. The company’s Roan operations achieved the targeted 30,000 tonnes per month feed rate during the period, overcoming expected disruptions from the rainy season. Total saleable copper units produced reached 1,543 tonnes, up 8.7% compared with the same period last year. This figure excludes stockpiled copper fine concentrate at… Read More Here
Rio Tinto Reaffirms Organic Copper Growth Strategy After Glencore Talks Collapse 6 International Copper Corporate News 

Rio Tinto Reaffirms Organic Copper Growth Strategy After Glencore Talks Collapse

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Rio Tinto Prioritises Shareholder Value as Glencore Merger Talks End, Highlights Oyu Tolgoi Copper Growth and $650m Cost-Cut Plan After merger discussions with diversified miner and trader Glencore failed to reach agreement on valuation, diversified mining major Rio Tinto has underscored that its copper growth strategy is being delivered organically. Speaking during a results call, CEO Simon Trott confirmed that discussions covered the “full perimeter” of Glencore’s business. However, negotiations ultimately stalled over valuation concerns. “We went under the hood with a singular focus on whether we could create value… Read More Here
FQM’s Taca Taca Project Doubles in Value on Higher Reserves and Stronger Copper, Gold Prices 7 International Copper Gold New Mining Projects 

FQM’s Taca Taca Project Doubles in Value on Higher Reserves and Stronger Copper, Gold Prices

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First Quantum’s Taca Taca Copper-Gold Project in Argentina Posts $5.9B NPV as Reserves and Prices Lift Valuation A new technical report on First Quantum Minerals’ Taca Taca copper-gold project in northwest Argentina shows the asset’s value has more than doubled in five years, supported by increased reserves and stronger long-term copper and gold price assumptions. Under an 8% discount rate and base-case prices of $4.50 per lb. copper and $3,000 per oz. gold, Taca Taca carries an after-tax net present value (NPV) of $5.92 billion and an internal rate of… Read More Here
Ivanhoe Mines Calls 2025 a “Decisive Turning Point” Amid Strong Financial and Operational Momentum 8 Mining in DRC Copper 

Ivanhoe Mines Calls 2025 a “Decisive Turning Point” Amid Strong Financial and Operational Momentum

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Ivanhoe Mines Reports $228M Profit as Kamoa-Kakula, Kipushi and Platreef Drive 2025 Growth “This year marks a decisive turning point for Ivanhoe Mines,” said founder and co-chairperson Robert Friedland in the company’s fourth-quarter and full-year 2025 financial results. According to Friedland, the convergence of operational milestones across the company’s Tier 1 assets and tightening global commodity markets positions the Canadian miner for sustained growth. Ivanhoe Mines is focused primarily on three flagship operations: -The Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) -The Kipushi Mine in the DRC… Read More Here
Glencore–Gécamines Deal Secures Long-Term Future of Kamoto Copper Company 9 Mining in DRC Copper Economy 

Glencore–Gécamines Deal Secures Long-Term Future of Kamoto Copper Company

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Glencore and Gécamines Sign Strategic KCC Mining Agreement to Boost DRC Copper Output to 300,000 Tonnes per Year A significant new phase is unfolding for copper production in the Democratic Republic of Congo (DRC). On Wednesday, 18 February 2026, Swiss mining major Glencore signed a landmark agreement with state-owned Gécamines concerning Kamoto Copper Company (KCC), one of the country’s most strategic mining operations. Long-Term Security for a Strategic Asset At the core of the agreement is a comprehensive package of long-term mining leases and titles. These provide KCC with the… Read More Here

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