Copper - Copperbelt Katanga Mining

Galileo Resources Sells Botswana Copper Subsidiary in Up to $83 Million Deal with Sandfire Unit 1

Galileo Resources Agrees to Sell Virgo Subsidiary to Sandfire Unit in Deal Worth Up to $83 Million Based on Copper Discovery Success Copper and battery metals exploration company Galileo Resources has entered into an agreement to sell its wholly owned subsidiary, Virgo Business Solutions, to Metal Exploration Capital, a subsidiary of ASX-listed Sandfire Resources. Virgo Business Solutions holds copper prospecting licences in Botswana. The transaction includes an upfront payment of US$3 million, along with a potential contingent success payment ranging between US$20 million and US$80 million, depending on the quantity… Read More Here

Mining in Zambia Coal Copper Corporate News

KCM Plans US$317 Million Coal Power Plant to Strengthen Energy Security for Zambia’s Copper Operations

June 18, 2026June 18, 2026 Constance0 comment

Konkola Copper Mines to Build 300MW US$317 Million Coal Power Plant to Address Zambia’s Electricity Shortages Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, has announced plans to develop a US$317 million coal-fired power plant in Zambia as part of efforts to mitigate persistent electricity shortages affecting mining operations across the country. The proposed facility will have a planned generation capacity of 300 megawatts and is expected to be developed in two phases. According to the company, the project is designed to enhance energy reliability for KCM, one of… Read More Here

Copper Mining in DRC Transport and Logistics

Lobito Atlantic Railway Restarts DRC Copper Shipments Following Flood Damage Repairs

June 17, 2026June 17, 2026 Constance0 comment

Lobito Corridor Resumes DRC Copper Exports After Flood Repairs Restore Rail Link Lobito Atlantic Railway (LAR) has received its first copper shipment from the Democratic Republic of Congo since restoring a flood-damaged section of the Lobito Corridor, reopening a critical export route for Central African minerals. The rail link between the Port of Lobito and Huambo had been closed for approximately two months after severe flooding damaged infrastructure along the route. Following emergency repair works, full rail operations have now resumed, according to a statement issued by LAR on June… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Restarts Copper Deliveries as Molefe Mine Expansion Accelerates Zambia Growth Strategy

June 11, 2026June 11, 2026 Constance0 comment

Jubilee Metals Boosts Zambia Copper Output with Restart of Sable Refinery Deliveries from Expanded Molefe Mine Aim-listed Jubilee Metals has resumed run-of-mine (RoM) copper deliveries to its Sable refinery in Zambia, following the restart of processing operations supported by the successful expansion of Molefe mine’s Pit 2. The development forms part of the company’s updated mine plan, which integrates Pits 2 and 3 into a single, larger operational area. According to the company, refining activities at the Sable facility have restarted in parallel with increased mining output, marking a key… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Resumes Roan Operations, Advances Copper Recovery and Processing Upgrades in Zambia

June 5, 2026June 5, 2026 Constance0 comment

Jubilee Metals Restarts Roan Operations After Maintenance Shutdown as Zambia Copper Output Targets 30,000t Monthly Throughput Jubilee Metals has successfully completed the annual maintenance shutdown at its Roan concentrator operations in Ndola, Zambia, with the plant now restarted at full capacity and targeting a run-of-mine throughput of 30,000 tonnes per month. According to Jubilee CEO Leon Coetzer, June performance will provide a clearer indication of sustainable operating capacity and recovery efficiencies, particularly with the integration of fine copper concentrate now being processed at the company’s Sable refinery in Kabwe. He… Read More Here

Mining in DRC Copper Corporate News

Tenke Fungurume Mine Moves to Restore Operations After Brief Strike Disruption in DRC

June 5, 2026June 5, 2026 Constance0 comment

DRC’s Tenke Fungurume Mine Ends Strike, CMOC Warns of Dismissals and Offers Bonuses to Non-Striking Workers The Democratic Republic of Congo’s largest copper mine, Tenke Fungurume Mining (TFM), has warned it will dismiss employees who refuse to end strike action that briefly disrupted production this week, while offering financial incentives to workers who did not participate. The strike began on June 1 at the vast operation, which is operated by China’s CMOC Group Ltd. TFM is one of the world’s largest copper-producing sites, with output reaching approximately 519,000 tons in… Read More Here

Mining in Zambia Copper Corporate News

Mopani Copper Mines Reaffirms Domestic Processing Strategy as Zambia Grants Copper Export Quotas

June 5, 2026June 5, 2026 Constance0 comment

Zambia Waives Copper Export Duty as Mopani and Miners Retain Concentrate for Domestic Processing The Zambian subsidiary of Abu Dhabi–based International Resources Holding (IRH) does not intend to export copper concentrate despite receiving one of the largest allocations under a government export waiver. Mopani Copper Mines stated that its position remains unchanged since July, when the first exemptions were introduced. At that time, the company confirmed it had “no plan to export any part” of its allocated quota, instead prioritizing its own processing operations in line with a long-term strategy… Read More Here

Mining in DRC Copper

Copper Prices Slip Again as Mixed Performance Hits Key DRC Mineral Exports

June 4, 2026June 4, 2026 Constance0 comment

Copper, cobalt, and gold prices show mixed trends as DRC export basket weakens amid global metals market correction Copper, the Democratic Republic of Congo’s most important export commodity, is expected to extend its downward trend on international markets during the week of June 1–6, 2026, according to the latest official price bulletin for exported mineral products. The benchmark copper price is set at $13,524 per tonne, down from $13,558 the previous week a decrease of $34. Although relatively modest, this marks a second consecutive weekly decline and reinforces a broader… Read More Here

Mining in Zambia Copper Corporate News Economy

Vedanta Targets New York IPO to Fund Expansion of Zambia’s Konkola Copper Mines

June 4, 2026June 4, 2026 Constance0 comment

Vedanta Plans New York Listing to Finance Multi-Billion-Dollar Expansion of Zambia Copper Operations Vedanta Resources, led by billionaire Anil Agarwal, is seeking to raise fresh capital for its Zambian copper operations through a planned listing in New York, as the mining group accelerates efforts to expand production at one of Africa’s most strategically important copper assets. The proposed initial public offering comes less than two years after Vedanta regained control of Konkola Copper Mines (KCM) following a prolonged dispute with the Zambian government. The company has since committed to investing… Read More Here

Mining in Zambia Copper Economy

Zambia Extends Copper Export Duty Suspension as Smelter Constraints Reshape Industry Power Balance

June 4, 2026June 4, 2026 Constance0 comment

Zambia Extends Copper Export Duty Waiver to September as Chinese and Middle Eastern Miners Secure Major Quotas Zambia has extended the suspension of its 10% export duty on copper concentrates until September 30, in a move designed to ease pressure on mining operations affected by rising stockpiles and reduced smelting capacity across the country’s processing infrastructure. The extension comes as several major smelters undergo prolonged maintenance and repair programmes, temporarily constraining the country’s ability to process copper concentrates into refined cathodes. The resulting bottlenecks have led to increased concentrate inventories… Read More Here