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Category: Copper

Zambia’s Ambitious Copper Expansion at Risk Without Skilled Workforce 1 Mining in Zambia Copper Economy 

Zambia’s Ambitious Copper Expansion at Risk Without Skilled Workforce

Constance
Zambia’s Copper Tripling Plan Moves to the Forefront — but Skills Gap Looms Large Zambia’s ambitious plan to triple copper production by 2031 is now at the center of the nation’s economic agenda. The roadmap, developed jointly by the World Bank Group and the Government of Zambia, outlines how the country can harness its vast copper resources to drive growth and transform its economy. Copper mining has been a cornerstone of Zambia’s economy for over a century, contributing about 15% of GDP and more than 70% of exports. Yet production… Read More Here
Lobito Corridor and Rail Upgrades Set to Transform Africa’s Copper and Cobalt Transport 2 Mining in Zambia Cobalt Copper Mining in DRC Transport and Logistics 

Lobito Corridor and Rail Upgrades Set to Transform Africa’s Copper and Cobalt Transport

Constance
Billions Flow Into African Railways as Global Powers Compete for Critical Minerals Billions of dollars are being poured into railway expansion and upgrades across Africa to improve the transport of critical minerals such as copper, cobalt, tantalum, and coal from landlocked mines in the Democratic Republic of the Congo (DRC), Botswana, and Zambia to global markets. Major Railway Projects Underway Several large-scale projects are driving this transformation: Trans-Kalahari Railway (1,500 km): Designed to link Botswana’s coal and mineral reserves to export hubs. TAZARA Upgrade (1,860 km): A proposed $1.4 billion… Read More Here
DRC’s Chemaf Faces Closure as Global Battle for Cobalt Heats Up 3 Mining in DRC Cobalt Copper Corporate News 

DRC’s Chemaf Faces Closure as Global Battle for Cobalt Heats Up

Constance
Chemaf Faces November Shutdown as US-China Rivalry Over Congo’s Copper and Cobalt Intensifies A copper and cobalt producer in the Democratic Republic of Congo (DRC) has warned it may halt operations in November if it cannot secure new investment, underscoring the mounting tension between the United States and China over access to critical minerals. Chemaf Resources Ltd., backed by commodities trader Trafigura Group, has been searching for a buyer for more than two years after financial difficulties stalled its flagship projects. The company, which employs about 3,000 people, said it… Read More Here
Glencore in Talks to Sell Stake in DRC’s Kamoto Copper and Cobalt Mine 4 Mining in DRC Cobalt Copper Corporate News 

Glencore in Talks to Sell Stake in DRC’s Kamoto Copper and Cobalt Mine

Constance
Glencore in Talks to Sell Stake in DRC’s Kamoto Copper and Cobalt Mine Amid US Interest Glencore Plc has entered talks to sell a stake in its largest African copper operation, the Kamoto Copper Company (KCC) in the Democratic Republic of Congo (DRC), marking the clearest signal yet that the Swiss commodities giant may relinquish control of one of its flagship assets. KCC oversees a major copper and cobalt project long touted as central to Glencore’s growth. However, the mine has been hampered by operational setbacks, weak cobalt prices, and… Read More Here
US Backs Zambia’s Copper and Cobalt Expansion to Counter China’s Dominance 5 Mining in Zambia Battery Metals Cobalt Copper 

US Backs Zambia’s Copper and Cobalt Expansion to Counter China’s Dominance

Constance
USTDA Funds $1.4M Metalex Study to Boost Zambia’s Copper and Cobalt for US Supply Chains The United States is intensifying efforts to secure critical minerals outside China’s control, backing the expansion of a copper and cobalt facility in Zambia. On Thursday, the US Trade and Development Agency (USTDA) awarded a $1.4-million grant to Metalex Africa, a subsidiary of Texas-based Metalex Commodities, to finance a feasibility study for expanding its Kazozu mine in Zambia’s North-Western Province. The study will assess the potential to produce up to 25,000 additional metric tonnes of… Read More Here
DRC Mines Minister Launches Field Tour with Visit to Tenke Fungurume Mining 6 Mining in DRC Copper 

DRC Mines Minister Launches Field Tour with Visit to Tenke Fungurume Mining

Constance
Congo Mines Minister Visits Tenke Fungurume to Address Challenges, Community Benefits, and Mining Code Compliance The Democratic Republic of Congo’s new Minister of Mines, Louis Kabamba, has launched a nationwide field tour to better understand the operational realities of mining companies and strengthen collaboration across the sector. The initiative follows a series of meetings with international partners—including China, Germany, Belgium, Switzerland, and the United States—aimed at revitalizing the mining industry, a cornerstone of the Congolese economy. As part of the tour, Kabamba paid an official visit on Friday, September 19,… Read More Here
Anglo American and Teck Resources Merge to Form $50 Billion Copper Giant 7 International Copper Corporate News 

Anglo American and Teck Resources Merge to Form $50 Billion Copper Giant

Constance
Anglo Teck Merger Creates Global Copper Powerhouse Valued at Over $50 Billion British mining company Anglo American and Canadian miner Teck Resources have announced their merger to create Anglo Teck, a new global copper leader valued at more than $50 billion. The merger, unanimously approved by both boards of directors, will give Anglo American shareholders a 62.4% stake and Teck shareholders 37.6%. The new company will be headquartered in Vancouver, with a primary listing in London and planned secondary listings in Toronto, Johannesburg, and New York. Leadership and Operations Duncan… Read More Here
Panama to Begin Talks with FQM on Possible Restart of Cobre Panamá Mine 8 International Copper Corporate News 

Panama to Begin Talks with FQM on Possible Restart of Cobre Panamá Mine

Constance
Panama Prepares to Restart Talks with First Quantum on Cobre Panamá Mine After Environmental Audit Panama is preparing to open negotiations with First Quantum Minerals (TSX: FM) on the potential restart of the shuttered Cobre Panamá copper mine, with discussions expected to begin later this year or in early 2026. Commerce Minister Julio Moltó confirmed that a comprehensive environmental audit of the mine will commence in the coming weeks. The review, led by SGS Panama Control Services, will examine environmental, social, and economic impacts, including employment opportunities for Panamanians. The… Read More Here
KCM Begins $63 Million Excavation for New Pump Station at Konkola Deep Mining Project 9 Mining in Zambia Copper New Mining Projects 

KCM Begins $63 Million Excavation for New Pump Station at Konkola Deep Mining Project

Constance
Konkola Copper Mines Launches $63M Pump Station Project to Unlock 283 Million Tonnes of Copper Resources Konkola Copper Mines (KCM) Plc has engaged Australian mining contractor Mancala to commence excavation works for the construction of a new pump station at the Konkola Deep Mining Project (KDMP) in Chililabombwe. The KDMP, home to one of Zambia’s deepest mining shafts at 1,505 meters, sits on one of the world’s richest copper ore bodies with an estimated 291 million tonnes of resource and a projected mine life of over 50 years. The new… Read More Here
Panama to Decide on Future of Cobre Panamá Copper Mine After Environmental Audit 10 International Copper 

Panama to Decide on Future of Cobre Panamá Copper Mine After Environmental Audit

Constance
Panama to Announce Decision on First Quantum’s Cobre Panamá Copper Mine by End of 2025 Panama City — Panama expects to have all the information it needs to decide the fate of First Quantum Minerals’ (TSX: FM) shuttered Cobre Panamá copper mine by the end of this year, according to Minister of Commerce and Industry Julio Moltó. Moltó told local media this week that the terms of reference for Cobre Panamá’s environmental and comprehensive audit have been consolidated into a single review process. The Ministry of Environment has already chosen… Read More Here

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