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Mercuria and Gécamines Launch Copper and Cobalt Trading Venture in the DRC

December 6, 2025December 6, 2025 Constance

New Mercuria–Gécamines Joint Venture Aims to Boost Copper and Cobalt Exports from the DRC Mercuria Energy Trading has launched a metals-trading joint venture with Gécamines, the Democratic Republic of Congo’s state-owned mining company, to market copper and cobalt acquired through Gécamines’ equity stakes in local mining projects. According to Kostas Bintas, head of metals at Mercuria Energy Group, the venture could eventually market more than 500,000 tons of copper cathodes per year, in addition to substantial volumes of cobalt. The agreement coincides with recent cooperation between the United States and… Read More Here

Copper Battery Metals Cobalt Mining in DRC

U.S. Considers Over $1 Billion for Critical Minerals and Railway Projects in Central Africa

December 6, 2025December 6, 2025 Constance

U.S. Advances Funding Talks for Mineral and Rail Projects in Central Africa The United States is in talks to provide more than $1 billion in support for two major initiatives in Central Africa, as Washington seeks to secure supplies of minerals considered essential for national security. According to the U.S. International Development Finance Corporation (DFC), the agency plans to back a new copper and cobalt partnership between the Democratic Republic of Congo’s Gécamines and Switzerland’s Mercuria Energy Trading, along with a railway project connecting the DRC and several Central and… Read More Here

Mining in DRC Copper Corporate News

Kamoa-Kakula Smelter Launched After Traditional Ceremony Marks Start of Operations

December 4, 2025December 8, 2025 Constance

Kamoa-Kakula Copper Smelter Begins Operations After Inaugural Heating Ceremony in DRC The Kamoa-Kakula copper smelter, promoted as the largest and most environmentally advanced on the African continent, officially began heating on November 21, 2025. Ivanhoe Mines, the operator of the copper complex in Lualaba province, confirmed that the first feed of concentrate was expected before the end of the year. The launch was marked by a traditional ceremony led by Chief Musokantanda Sabuni Kafweku, symbolizing the connection between ancestral customs and the industrial ambition of the project. A flame from… Read More Here

Mining in DRC Copper

DRC Mineral Markets See Mixed Movements as Copper Continues Upward Trend

December 4, 2025December 4, 2025 Constance

Copper Prices Rise as Other Key DRC Minerals Show Mixed Performance in Early December 2025 International markets displayed contrasting trends for the Democratic Republic of Congo’s (DRC’s) major mineral exports during the week of December 1–6, 2025. According to projections from the National Market Commission of the Ministry of Foreign Trade, copper continued its recent momentum with a notable increase, while several other minerals fluctuated between stability and decline. Copper is expected to reach $10,823.83 per tonne, up from $10,769.55 the previous week. Although modest, this rise reinforces an ongoing… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects News in Brief

Galileo Resources Launches Drilling Program at Molefe Copper Project in Zambia

December 4, 2025December 4, 2025 Constance

Galileo Resources Begins Drilling at Zambia’s Molefe Copper Project with Jubilee Metals IM-listed Galileo Resources has commenced drilling at its Molefe copper project in Zambia following the signing of a conditional cooperation and project development agreement with Jubilee Metals on November 27. The drilling program began with two holes completed out of an anticipated ten-hole campaign, initiated under the terms of the collaboration agreement. The program has multiple objectives: maintaining the current production profile over the next three months, replacing depleted resources over a six-month mid-term horizon, and executing a… Read More Here

International Copper Corporate News

Glencore Charts Bold Copper Expansion as It Cuts 2026 Output Forecast

December 3, 2025December 3, 2025 Constance

Glencore Unveils Major Copper Expansion Plan but Lowers 2026 Output Target Glencore Plc has announced an ambitious plan to nearly double its copper production over the next decade, even as it scales back expectations for 2026. The strategy, revealed during the company’s first capital markets day in three years, aims to restore investor confidence following a steep decline in output. Copper prices are currently at record highs, yet Glencore is on track to produce about 40% less copper this year compared with 2018, with volumes expected to fall further next… Read More Here

Copper Corporate News

Kamoa-Kakula Sets Ambitious 2026–2027 Copper Production Targets as Dewatering Progress Accelerates

December 3, 2025December 3, 2025 Constance

Ivanhoe Mines Projects Up to 540,000 Tonnes of Copper Output by 2027 as Kamoa-Kakula Dewatering Advances Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete have announced copper production guidance for 2026 and 2027 at the Kamoa-Kakula Copper Complex, alongside an update on the Kakula Mine’s dewatering and rehabilitation progress. Dewatering at Kakula continues to advance steadily, now approximately 70% complete on the western side of the mine and 60% complete on the eastern side. To date, 13.4 kilometres of underground… Read More Here

International Copper Corporate News

Panama Set to Release Early Audit Findings on Cobre Panama Mine as Govt Weighs Next Steps

November 30, 2025November 30, 2025 Constance

Cobre Panama Audit Nears First Report: Final Review Due February to Decide Fate of First Quantum’s Mine Panama may release the preliminary findings of its comprehensive audit of First Quantum Minerals’ Cobre Panama copper mine as early as next week, with the final report scheduled for completion by the end of February. The results are expected to guide the government’s decision on the future of the long-stalled operation. The independent assessment, conducted by SGS Panama Control Services, covers environmental compliance, legal and labour obligations, tax issues, operational procedures and potential… Read More Here

Mining in DRC Copper

DRC Reaffirms Open-Door Investment Policy as Global Powers Deepen Interest in Mining Sector

November 30, 2025November 30, 2025 Constance

DRC Opens Mining Sector to All Partners as China Drives Copper Growth and U.S. Expands Strategic Engagement The Democratic Republic of Congo (DRC) remains open to cooperation with all global powers in the mining sector, according to Minister of Mines Louis Watum Kabamba, who reaffirmed the country’s commitment to multilateral partnerships while acknowledging the significant role China has played in developing Congo’s mining industry. Speaking at a press briefing on Thursday, 27 November 2025, Minister Kabamba stressed that the DRC does not align exclusively with any geopolitical bloc. Instead, the… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Molefe Copper Mine in Zambia Set for Expansion Through Jubilee-Galileo Partnership

November 30, 2025November 30, 2025 Constance

Jubilee Metals and Galileo Resources Form Strategic Alliance to Accelerate Molefe Copper Mine Development in Zambia Johannesburg- and London-listed Jubilee Metals Group has signed a cooperation and project development agreement with Galileo Resources to fast-track exploration and development at the Molefe copper mine in Zambia. Under the deal, Galileo can earn up to a 23.75% interest in the project by investing $700,000 in resource development work. The agreement leverages Jubilee’s operational and processing expertise in Zambia alongside Galileo’s exploration and geological capabilities, allowing each company to focus on core workstreams,… Read More Here