Copper - Copperbelt Katanga Mining

Ivanhoe Mines Returns to Profit as Kamoa-Kakula Copper Operations Recover

July 30, 2026July 30, 2026 Constance0 comment

Ivanhoe Mines Posts $46 Million Profit as Kamoa-Kakula Copper Production Recovers TSX-listed Ivanhoe Mines returned to profitability in the second quarter of 2026, reporting a net profit of $46 million as operations at its Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC) continued to recover from disruptions earlier in the year. The company reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of $179 million for the quarter, up from $123 million in the same period last year. Kamoa-Kakula contributed $152 million of attributable EBITDA. The copper… Read More Here

Mining in Zambia Copper Economy

Zambia Tightens Copper Export Rules to Push Local Processing

July 29, 2026July 29, 2026 Constance0 comment

Zambia Restricts Raw Copper Exports as It Pushes Chinese Firms to Build Local Processing Plants Zambia is moving to restrict exports of raw copper as the country steps up efforts to process and manufacture more of its mineral resources domestically, with Chinese industrial companies among those being encouraged to establish production facilities locally. The policy reflects Zambia’s growing push to move beyond mining and concentrate production towards higher-value manufacturing that can create jobs, strengthen industrial capacity and generate greater economic returns from the country’s copper resources. Zambian officials are negotiating… Read More Here

Corporate News Copper

FQM Reports $136m Profit as Copper Production and Kansanshi Performance Improve

July 29, 2026July 29, 2026 Constance0 comment

First Quantum Posts $136m Profit as Copper Output Rises and Kansanshi Beats Capacity TSX-listed First Quantum Minerals reported net earnings attributable to shareholders of $136 million, or $0.16 a share, for the second quarter, as stronger copper sales and higher realised prices supported its recovery from the financial pressure caused by the prolonged shutdown of its Cobre Panamá mine. The company recorded an adjusted loss of $106 million, or $0.13 a share, while gross profit rose to $297 million and EBITDA reached $400 million. Compared with the same period last… Read More Here

Copper Corporate News International

Glencore Copper Production Jumps 15% in First Half as African Operations Boost Output

July 29, 2026July 29, 2026 Constance0 comment

Glencore Copper Production Rises 15% in H1 as African Mines Lift Output, Cobalt Falls 46% Global mining and commodities company Glencore increased copper production by 15% in the first half of the year, supported by higher grades at key operations in Africa and at its Antamina mine in Peru. The Swiss-based miner produced 397,000 tonnes of copper during the six months, up from 343,900 tonnes in the same period of 2025. Glencore attributed the increase primarily to improved copper grades at its African operations and Antamina, strengthening its production performance… Read More Here

Mining in DRC Artisanal mining Copper

DRC’s SAEMAPE Urges Mining Reforms and Cooperative Support After Major Copper Discovery in Greater Kasai

July 26, 2026July 26, 2026 Constance0 comment

SAEMAPE Calls for Formalisation of Artisanal Mining Following Major Copper Discovery in Greater Kasai The Director General of the Service for Assistance and Support of Artisanal and Small-Scale Mining (SAEMAPE), Jean-Paul Kapongo Kadiobo, has called for the formalisation of artisanal mining following the discovery of a significant high-grade copper deposit in Katende, Kasai-Oriental Province. Kapongo urged provincial authorities to replicate the one-stop shop model used in Lualaba and Haut-Katanga to simplify administrative procedures, strengthen oversight and support the formation of mining cooperatives. He noted that the Mining Code no longer… Read More Here

Mining in DRC Copper Corporate News Mining Personality

Yannick Makola Appointed First Congolese Managing Director of Kamoto Copper Company

July 23, 2026July 23, 2026 Constance0 comment

Glencore’s KCC Names Yannick Makola as First Congolese CEO to Lead Major DRC Copper Producer Kamoto Copper Company (KCC), a subsidiary of global mining group Glencore in the Democratic Republic of Congo, has appointed Yannick Makola as Managing Director, subject to approval by the company’s Board of Directors. The appointment marks a historic milestone for KCC, as Makola becomes the first Congolese national to lead the company since its establishment. Makola joined KCC in 2020 as General Manager responsible for Processing before advancing through senior leadership roles. He most recently… Read More Here

Mining in DRC Copper Energy

DRC’s Kasai-Oriental Seeks Funding and Energy Solutions to Unlock Copper Potential

July 23, 2026July 23, 2026 Constance0 comment

SAEMAPE Calls for More Funding and Energy Investment to Support Copper Development in Kasai-Oriental The Democratic Republic of Congo’s Kasai-Oriental Province faces major challenges in developing its copper potential, with limited financing for exploration activities, artisanal mining formalisation, and energy supply emerging as key concerns. The Director General of the Service for Assistance and Support of Artisanal and Small-Scale Mining (SAEMAPE), Jean-Paul Kapongo Kadiobo, has called on the Congolese government and the Mining Fund for Future Generations (FOMIN) to provide the necessary resources to support the transition of artisanal miners… Read More Here

International Copper Investment News

Chile Plans US$100 Billion Copper Expansion as It Seeks New Markets Beyond China

July 23, 2026July 23, 2026 Constance0 comment

Chile Targets US$100 Billion Copper Investment Drive to Diversify Markets Beyond China Chile is planning a major US$100 billion investment drive to expand its copper industry and attract new buyers beyond China as global demand for the critical metal continues to rise. The world’s largest copper producer is seeking to diversify its export markets while strengthening its role in the global supply chain for minerals essential to the energy transition, including electric vehicles, renewable energy infrastructure, and advanced technologies. Chile’s strategy aims to reduce dependence on a limited number of… Read More Here

Mining in DRC Cobalt Copper

DRC Sets July Deadline for Mining Companies to Implement Local Ownership Rules

July 23, 2026July 23, 2026 Constance0 comment

DRC Requires Mining Firms to Transfer 10% Ownership Stakes to Congolese Nationals Under Mining Code The Democratic Republic of Congo (DRC) will begin enforcing a long-delayed requirement requiring mining companies to allocate local ownership stakes to Congolese nationals from July 31, 2026, as the government moves to increase local participation in the country’s mining sector. The requirement, introduced under the 2018 Mining Code, requires mining companies to transfer 10% of their equity to Congolese citizens, including a 5% stake reserved for employees. However, no mining company has yet implemented the… Read More Here

New Mining Projects Copper Diamond Drilling

Kaoko Metals Secures First Diamond Drilling Contract for Namibia Copper Project

July 23, 2026July 23, 2026 Constance0 comment

Australian Explorer Kaoko Metals Begins First Copper Drilling Campaign at Namibia’s Chalkos Project Australian exploration company Kaoko Metals has awarded its first diamond drilling contract to Namibian contractor Optimine as it prepares to begin exploration drilling at the Chalkos copper project in Namibia’s Kaoko Belt. Optimine is expected to mobilise to the project within two weeks, with the initial drilling campaign set to cover between 2,000 and 3,000 metres at the Donkey Hill and Otniel prospects, where copper mineralisation has already been identified at surface. The maiden drilling programme represents… Read More Here