Copper - Copperbelt Katanga Mining

Zambia’s Kwacha Strengthens on Higher Copper Exports and Improved Fiscal Discipline 1

Rising Mining Exports Strengthen the Kwacha as Confidence Grows in Zambia’s Economic Policy Zambia’s mining exports have driven a surge in foreign exchange inflows, boosting demand for the Kwacha and strengthening the local currency against the US Dollar. As of the latest trading session, the Kwacha stood at K21.70 for buying and K22.13 for selling. Trade experts noted that the increase in copper output—the country’s top export—has played a major role in the currency’s appreciation. They also credited the government’s consistent fiscal management and clear economic direction for improving investor… Read More Here

Copper Corporate News International

FQM Advances Preservation Program at Cobre Panama Mine Amid Talks with Government

November 2, 2025November 2, 2025 Constance

First Quantum Minerals Prepares Cobre Panama Copper Mine for Restart While Supporting Panama’s National Grid First Quantum Minerals (TSX: FM) reported progress at its suspended Cobre Panama copper mine in Panama during the third quarter, advancing the government-approved preservation and safe management program. Commenting on quarterly results, CEO Tristan Pascall said the company, which was preparing for a potential restart of operations, completed the shipment of all remaining copper concentrate, along with some supplies and equipment from the site. The Canadian miner also began pre-commissioning work at the mine’s power… Read More Here

Mining in DRC Copper Corporate News

Mercuria Energy Funds $100M Prepayments for ERG Copper Supply from the DRC

November 2, 2025November 2, 2025 Constance

Mercuria Provides $100 Million to Support ERG’s Copper Projects in DRC Mercuria Energy Trading SA agreed to provide up to $100 million in prepayments to Eurasian Resources Group (ERG) as part of a three-year supply agreement for copper from the Democratic Republic of Congo (DRC). The financing aimed to support Luxembourg-registered ERG in developing its copper projects in the central African nation, the company said in an emailed statement on Thursday. Mercuria has been expanding aggressively into metals, with a particular focus on copper-rich nations in Central Africa. Its new… Read More Here

Transport and Logistics Copper

Tanzania Port Closure Disrupts African Copper Shipments to China

November 2, 2025November 2, 2025 Constance

Election Unrest in Tanzania Temporarily Halts Copper Exports, Forcing Rerouting to Durban, Walvis Bay, and Beira African copper shipments to China were disrupted by the temporary closure of the Port of Dar es Salaam in Tanzania following election-related unrest. Copper traders and producers in the Central African Copperbelt sought alternative routes for their cargoes, leading to congestion at other ports, including Durban in South Africa, according to multiple market sources. The closure also meant that copper already delivered to Dar es Salaam remained stuck, several sources said, speaking on condition… Read More Here

Mining in Zambia Copper Corporate News

FQM DELIVERS Q3 COPPER PRODUCTION BOOST AT KANSANSHI AND SENTINEL

October 30, 2025October 30, 2025 Constance

First Quantum Minerals (FQM) has reported increases in copper production at both its Kansanshi and Sentinel mines in North-Western Province, reinforced by the completion of its S3 processing plant at Kansanshi. Its Kansanshi operation in Solwezi reported 47,000 tonnes of copper production in the third quarter of this year, an increase of nearly 7,000 tonnes from the previous quarter. The improvement was mainly driven by higher mill throughput with the commissioning of the S3 expansion project, which was officially launched by President Hakainde Hichilema in August. “The ramp-up of S3… Read More Here

Corporate News Copper Mining in DRC

Ivanhoe Mines Reports $31 Million Q3 Profit as Kamoa-Kakula Output Dips Amid Flooding

October 30, 2025October 30, 2025 Constance

Ivanhoe Mines Q3 2025 Profit Falls to $31 Million as Kamoa-Kakula Faces Flooding; Kipushi and Platreef Projects Advance Ivanhoe Mines has reported a profit of $31 million for the quarter ended September 30, 2025, compared with $108 million in the same period last year. The decline was primarily driven by a lower share of profit from the Kamoa Holding joint venture (JV), which operates the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). The company’s share of profit from the JV was $72 million lower year-on-year, as Kamoa-Kakula… Read More Here

Mining in Zambia Copper

Zambia’s CNMC Shaft 28 Nears Completion of Dewatering, Set to Resume Copper Production by 2026

October 24, 2025October 24, 2025 Constance

Revival of Luanshya’s Shaft 28 Marks a New Era for Zambia’s Copperbelt Tremendous progress is underway at CNMC Shaft 28 in Luanshya, marking a historic revival for a mine that lay dormant for more than two decades. The project has become a symbol of Zambia’s mining resurgence under President Hakainde Hichilema’s administration. The site is on track to complete dewatering by December 2025, with copper production scheduled to resume in August 2026—a major milestone for both the Copperbelt and the national economy. Government Applauds Rapid Progress During a recent inspection… Read More Here

New Mining Projects Copper International

Angola to Launch Its First Major Copper Mine as Nation Pushes to Diversify Beyond Oil

October 24, 2025October 24, 2025 Constance

Tetelo Copper Mine to Begin Production on October 29, Marking Angola’s Entry into Global Clean Energy Mineral Supply Angola’s first large-scale copper project, the Tetelo Mine, will officially begin production on October 29, government officials announced on Wednesday. The project marks a major milestone in the oil-rich African nation’s drive to diversify its economy and strengthen its role in the global transition to clean energy minerals. The $250 million Tetelo Mine is operated by Shining Star Icarus, a joint venture between China’s Shining Star International Group and Sociedade Mineira de… Read More Here

International Copper Corporate News

MMG Reports Rising Copper Losses from Informal Mining at Las Bambas Site in Peru

October 19, 2025October 19, 2025 Constance

MMG Raises Estimate of Copper Lost to Informal Mining at Peru’s Las Bambas to 90,000 Tons Chinese-owned MMG Ltd. has increased its estimate of copper extracted by informal miners within its Las Bambas concession in Peru, revealing escalating challenges at one of the world’s largest copper operations. According to the company’s latest disclosures and responses to Bloomberg, an estimated 90,000 metric tons of copper have been removed over the past 15 years from land designated for MMG’s next open pit, known as Sulfobamba. This marks a rise from a previous… Read More Here

Mining in Zambia Copper Infrastructural Development Transport and Logistics

Africa Finance Corp to Launch Bids for Zambia-Angola Railway Linking Copper Mines to Lobito Port

October 19, 2025October 19, 2025 Constance

New Zambia-Angola Railway to Boost Copper Exports and Create Jobs, Says Africa Finance Corp The Africa Finance Corporation (AFC) plans to issue bids in the coming months for the construction of a new railway connecting Zambia’s copper-rich region to the Angolan port of Lobito, a move set to strengthen regional trade and infrastructure. According to Samaila Zubairu, AFC President, the tender will be divided into three parts, covering: Construction of rail links in Zambia, Construction of rail links in Angola, and Provision of rolling stock and railway systems. Groundbreaking for… Read More Here