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Category: Copper

DRC Tax Authorities Seal KCC Facilities Amid Ongoing Tax Dispute With Glencore 1 Mining in DRC Copper Corporate News Mining tax 

DRC Tax Authorities Seal KCC Facilities Amid Ongoing Tax Dispute With Glencore

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DRC Tax Authorities Seal Glencore’s Kamoto Copper Company Facilities as Tax Dispute Enters New Phase he tax dispute between Glencore and the Democratic Republic of Congo’s tax authorities has entered a new phase after the country’s General Directorate of Taxes (DGI) sealed several facilities operated by Kamoto Copper Company (KCC), the mining group’s subsidiary in Kolwezi, Lualaba Province. According to multiple local media reports, the enforcement action took place on 9 July 2026 as part of the DGI’s efforts to recover taxes it says are owed by Glencore’s Congolese subsidiaries.… Read More Here
MMG Sets Course for World-Class Khoemacau Copper Operation 2 Copper Corporate News International 

MMG Sets Course for World-Class Khoemacau Copper Operation

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MMG Khoemacau Targets Over 200,000 Tonnes of Annual Copper Production Through Major Botswana Expansion MMG is advancing an ambitious long-term growth strategy for its Khoemacau copper mine in Botswana, with plans to increase annual copper production to more than 200,000 tonnes through phased expansion, operational optimisation and continued exploration. Speaking at the 2026 Future of Mining Summit, MMG Integrated Asset Strategy Manager Xiaoliang Liu outlined the company’s vision to transform Khoemacau into a world-class copper operation capable of meeting growing global demand for the metal, which is critical to the… Read More Here
Ivanhoe Mines Targets Higher Copper Production at Kamoa-Kakula in Second Half of 2026 3 Mining in DRC Copper Corporate News 

Ivanhoe Mines Targets Higher Copper Production at Kamoa-Kakula in Second Half of 2026

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Ivanhoe Mines Expects Higher 2026 Copper Output as Kamoa-Kakula Ramps Up Production in DR Congo Ivanhoe Mines expects copper production at its flagship Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) to increase significantly during the second half of 2026 as mining operations accelerate and existing inventories are processed. The Canadian mining company said higher mining rates at the Kakula mine, combined with the planned drawdown of copper inventories, will support stronger production in the coming months, reinforcing Kamoa-Kakula’s position as one of the world’s largest and fastest-growing… Read More Here
American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance 4 Mining in DRC Cobalt Copper Investment News 

American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance

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American Mining Investment in DRC Unlikely to Disrupt China’s Dominance in Copper and Cobalt Supply Chains A year after the signing of the Washington Agreement between the Democratic Republic of the Congo (DRC) and Rwanda, researchers say growing US interest in Congolese minerals is unlikely to significantly change China’s dominance of the country’s copper and cobalt supply chains. Researchers Jason Stearns and Joshua Walker, speaking at an event hosted by journalist Stanis Bujakera, said the agreement’s economic ambitions face major challenges and that the diplomatic initiative has reached a difficult… Read More Here
BHP Secures First Environmental Approval for $14.7 Billion Escondida Copper Expansion 5 International Copper Corporate News New Mining Projects 

BHP Secures First Environmental Approval for $14.7 Billion Escondida Copper Expansion

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BHP Wins Environmental Approval to Begin Major Expansion of Chile’s Escondida Copper Mine BHP Group has secured its first major environmental approval for the expansion of the Escondida copper mine in Chile, allowing the company to begin early-stage work on a broader investment programme worth up to $14.7-billion. Chile’s Antofagasta Environmental Assessment Commission approved initial works covering sulphide leaching activities and electricity infrastructure upgrades, a BHP spokesperson confirmed. The first phase of the expansion is expected to cost about $1.3-billion and will be followed by further upgrades to mining and… Read More Here
Cobre Records Positive Cash Flow at Chile Copper Project as Turnaround Plan Gains Momentum 6 International Copper 

Cobre Records Positive Cash Flow at Chile Copper Project as Turnaround Plan Gains Momentum

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Cobre’s Sierra Atacama Copper Project Generates Positive Cash Flow After Operational Turnaround in Chile ASX-listed copper producer Cobre has achieved positive operating cash flow at its Sierra Atacama copper project in Chile, just two months after taking operational control of the mine. The company reported operating cash flow of $644,000 (A$900,000) in April and $601,000 (A$860,000) in May, following the implementation of a turnaround programme focused on improving production performance and reducing costs. Cobre took control of the operation at the end of March and has since introduced measures targeting… Read More Here
DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns 7 Mining in DRC Cobalt Copper 

DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns

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DR Congo Says Copper and Cobalt Production Remains Resilient Despite Regional Chemical Supply Disruptions The Democratic Republic of Congo (DRC) does not expect major disruptions to copper and cobalt production in 2026 despite concerns over sulfuric acid supply shortages linked to regional geopolitical tensions, a senior mining official said. Sulfuric acid is a key input in the processing of copper and cobalt ores. Recent disruptions to regional supply chains, including reduced exports from Zambia, have raised concerns among some mining companies operating in the DRC. Zambia, a major supplier of… Read More Here
Glencore Highlights DRC’s Efforts to Improve Transparency in Critical Minerals Sector 8 Mining in DRC Copper Corporate News 

Glencore Highlights DRC’s Efforts to Improve Transparency in Critical Minerals Sector

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Glencore Says DR Congo’s Transparency Efforts Could Boost Responsible Critical Mineral Exports The Democratic Republic of Congo’s efforts to improve governance, transparency and responsible mining practices in the critical minerals sector have been highlighted by Anna Krutikov, Glencore’s head of sustainable development, during the Global Conference of the Mineral Institute. Speaking during a panel discussion on the future of the critical minerals market alongside government representatives and development finance institutions, Krutikov said the DRC has made progress in engaging with international frameworks aimed at improving responsible mineral production. She pointed… Read More Here
DRC Mineral Export Prices Decline as Copper, Gold and Tin Weaken 9 Mining in DRC Copper Economy Gold 

DRC Mineral Export Prices Decline as Copper, Gold and Tin Weaken

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DR Congo Mineral Prices Fall as Copper, Gold and Tin Decline; Cobalt and Germanium Edge Higher Most of the Democratic Republic of Congo’s major mineral exports recorded lower prices on international markets during the week of July 6–11, 2026, according to the latest price bulletin from the Ministry of Foreign Trade. Cobalt and germanium were the only minerals to post gains. Copper, the country’s top export, declined from $13,475.85 to $13,258.50 per tonne. Tin also fell sharply, dropping from $54,040.00 to $50,678.75 per tonne, while gold slipped from $136.76 to… Read More Here
Mopani Achieves Highest Monthly Ore Production in Two Years 10 Mining in Zambia Copper Corporate News 

Mopani Achieves Highest Monthly Ore Production in Two Years

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Mopani Copper Mines Hits Highest Monthly Ore Production in Two Years, Exceeds June Copper Target Mopani Copper Mines PLC has achieved its highest monthly ore production in two years, producing 289,000 tonnes of ore in June 2026 while also exceeding its own-source finished copper production target for the month. The mining company produced 5,140 metric tonnes of copper cathode from its own ore, surpassing its June target of 5,104 metric tonnes. Chief Executive Officer Charles Sakanya said the strong performance reflects the company’s growing operational capacity and the positive impact… Read More Here

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