Copper - Copperbelt Katanga Mining

First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast 1

First Quantum Q1 2026 Loss Widens on Rising Costs and Lower Output, but Copper Production Outlook Raised First Quantum Minerals reported a significantly wider loss for the first quarter of 2026, as increased operating costs and weaker copper production weighed on financial performance, despite an improved full-year output forecast. The company posted a net loss attributable to shareholders of $196 million, compared with a $23 million loss in the same period last year. Adjusted loss for the quarter came in at $147 million, or $0.18 per share. Operational challenges were… Read More Here

Anglo American Reports Modest Copper Growth While Advancing Strategic Restructuring

April 30, 2026April 30, 2026 Constance0 comment

Anglo American Q1 Copper Output Rises 1% as Company Pushes Asset Sales and Maintains 2026 Production Outlook Anglo American reported a 1% year-on-year increase in copper production for the first quarter, supported by improved output at its Chilean operations, including Los Bronces Mine and Collahuasi Mine. The company also reaffirmed its full-year production guidance. The miner, which has agreed to merge with Teck Resources, is moving forward with plans to streamline its portfolio. This includes divesting non-core assets such as its coal operations and its diamond business, De Beers. Chief… Read More Here

Mining in Zambia Copper Economy

DRC and Zambia Emerge as Key Drivers of Global Copper Supply Amid Surging Demand

April 26, 2026April 26, 2026 Constance0 comment

DRC and Zambia Strengthen Global Copper Position as Rising Demand Reshapes Energy and Mining Markets The Democratic Republic of the Congo (DRC) and Zambia are reinforcing Africa’s strategic role in the global copper industry as rising demand for the metal reshapes the minerals and energy economy. According to a report by Visual Capitalist, the DRC ranks among the world’s top four countries in terms of copper reserves, making it the largest holder of copper resources in Africa. The country is also expanding its industrial footprint through new partnerships, including agreements… Read More Here

Mining in Zambia Copper Investment News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

April 25, 2026April 25, 2026 Constance0 comment

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper Mines to Angola Port The Africa Finance Corporation (AFC) and the African Development Bank (AfDB) have each committed $500 million toward the development of the Lobito Corridor railway project, a strategic infrastructure link designed to connect Zambia’s copper-rich regions to global markets through the Angolan port of Lobito. In addition, Italy will contribute approximately $320 million to the project, according to AFC Executive Director and Chief Investment Officer Sameh Shenouda, who made the announcement at… Read More Here

Mining in Zambia Copper Corporate News

Luanshya Copper Mine Set to Restart Production After Two Decades of Rehabilitation

April 24, 2026April 24, 2026 Constance0 comment

Zambia’s Luanshya Copper Mine to Resume Operations in August 2026 Following Major Dewatering and $710M Shaft Redevelopment Luanshya Copper Mine is scheduled to resume production in August 2026 after more than two decades of inactivity, marking a significant milestone in Zambia’s efforts to expand copper output and revitalize legacy mining assets. The mine is majority owned by China Nonferrous Mining Corporation (CNMC), which acquired the operation in 2009 and holds an 80 percent stake. Zambia’s state mining investment company, ZCCM Investments Holdings (ZCCM-IH), retains the remaining 20 percent share. Before… Read More Here

Mining in Zambia Copper Exploration Investment News

BHP Expands Copper Exploration in Zambia Amid Rising Global Demand

April 22, 2026April 22, 2026 Constance0 comment

BHP Expands Copper Exploration in Zambia as Global Demand for Critical Minerals Surges Global mining giant BHP is increasing its exploration efforts in Zambia as part of a broader regional campaign to identify large-scale copper deposits, highlighting renewed international interest in the country’s mineral potential. Zambia, Africa’s second-largest copper producer after the Democratic Republic of Congo, is seeking to significantly expand its copper output over the coming decade and is actively encouraging foreign investment to unlock underexplored resources. BHP’s renewed engagement marks a strategic shift after the company reduced its… Read More Here

Copper Economy Mining in DRC

Copper Leads Weekly Surge in Global Commodity Prices as DRC Mining Products Show Mixed Trends

April 21, 2026April 21, 2026 Constance0 comment

Copper Prices Rise to $12,836/Ton as DRC Mining Commodities Record Mixed Market Performance (April 20–25) Copper maintained its upward trajectory on international markets during the week of April 20–25, extending a steady rally observed in recent weeks. According to projections from the National Market Commission under the Ministry of Foreign Trade of the Democratic Republic of Congo (DRC), copper is expected to trade at $12,836 per ton, up from $12,148 the previous week, marking an increase of $688 per ton. Broad-Based Movement Across Key Minerals The positive momentum is not… Read More Here

Mining in Zambia Copper Corporate News

Zambia’s Major Copper Smelters Face Extended Shutdowns, Raising Supply Concerns

April 20, 2026April 20, 2026 Constance0 comment

Extended Mopani and Chambishi Smelter Maintenance to Tighten Copper Output and Sulphuric Acid Supply in Zambia Two of Zambia’s largest copper smelters and sulphuric acid producers are expected to shut down for extended maintenance later this year, according to industry sources. The planned outages are likely to further constrain copper production and reduce supplies of sulphuric acid, a critical chemical used in processing copper and cobalt. The ongoing conflict involving Iran has already disrupted global supplies of sulphuric acid and other leaching chemicals. As a result, mining companies in neighbouring… Read More Here

Mining in DRC Copper Economy

DRC Expands Copper Sales to U.S. as It Strengthens Control Over Strategic Minerals

April 16, 2026April 16, 2026 Constance0 comment

DR Congo Raises Copper Exports to U.S. to 500,000 Tonnes, Launches Strategic Cobalt Reserve to Boost Market Influence The Democratic Republic of the Congo has significantly increased its planned copper sales to the United States to 500,000 tonnes, marking a fivefold rise from the initial commitment announced in January. The move signals the country’s growing ambition to strengthen its position in global critical mineral markets and secure greater control over revenues from its mining sector. The agreement, led by state mining company Gécamines, is being implemented through a marketing partnership… Read More Here

Mining in DRC Cobalt Copper

DRC Copper and Cobalt Miners Hit by Chemical Supply Disruptions Amid Global Shipping Crisis

April 16, 2026April 16, 2026 Constance0 comment

DRC copper and cobalt producers face sulfuric acid and SMBS shortages as shipping disruptions and rising logistics costs strain supply chains Copper and cobalt producers in the Democratic Republic of Congo (DRC) are facing cancelled and withdrawn deliveries of key processing chemicals, forcing some miners to reduce consumption and consider production cuts as global supply chain disruptions intensify. The DRC, the world’s largest cobalt producer and Africa’s leading copper supplier, plays a critical role in global supply chains for electric vehicles and the energy transition. However, its mining sector depends… Read More Here