Copper - Copperbelt Katanga Mining

India Seeks Copper and Critical Minerals from Chile and Peru Amid Push to Cut China Reliance 1

India in Talks with Chile and Peru for Copper and Critical Minerals to Curb China Dependence India is in advanced discussions with Chile and Peru to secure critical mineral supplies, including copper, as part of ongoing free trade agreement (FTA) negotiations, according to a senior official from the Ministry of Commerce and Industry. The talks aim to ensure a stable supply of key resources for India’s growing industrial needs, particularly copper concentrate. A government document released earlier this month confirmed that copper will be included as a dedicated chapter in… Read More Here

Mining in Zambia Copper Corporate News

Vedanta Completes Initial $124 Million Investment in KCM Ahead of Schedule

July 16, 2025July 16, 2025 Constance

Vedanta Surpasses $400 Million Investment in Konkola Copper Mines, Accelerating Zambia Copper Production Vedanta Resources has successfully fulfilled its initial investment commitment of US$124 million under the Shareholders’ Agreement ahead of the July 1, 2025 deadline. This brings Vedanta’s total investment in Konkola Copper Mines (KCM) operations to over US$400 million since resuming management in August 2024. This milestone is a key step toward Vedanta’s broader pledge to invest US$1 billion over five years to revive and expand KCM. The company is focused on increasing production capacity and enhancing sustainability… Read More Here

International Copper

MMG and Hudbay Warn Peru of Potential Copper Output Disruptions Amid Ongoing Protests

July 15, 2025July 15, 2025 Constance

MMG and Hudbay Urge Peru to Resolve Protests Threatening Mine Operations Executives from MMG and Hudbay Minerals met with Peru’s cabinet chief, Eduardo Arana, on Thursday to express concerns that ongoing protests by informal miners could disrupt copper production at two of the country’s largest mines, according to sources familiar with the discussions. The two-week-long demonstration, which has blocked a key transit route in the Cusco region, poses a growing threat to operations at MMG’s Las Bambas and Hudbay’s Constancia mines—both of which rank among Peru’s top ten copper producers.… Read More Here

Copper Corporate News International

Rio Tinto Eyes U.S. Copper Expansion Amid Tariff Push and Energy Transition

July 15, 2025July 15, 2025 Constance

Rio Tinto Signals Major U.S. Copper Investment Plans Amid Trump Tariff Proposal Rio Tinto has signaled a strong interest in expanding its copper operations in the United States, following former President Donald Trump’s proposed 50% tariffs on imported copper. The move is intended to bolster domestic production of critical materials essential for manufacturing and clean energy infrastructure. “There is increasing recognition by the U.S. government of the need for domestic sources of copper and other critical materials to support manufacturing and to power the country’s energy future,” said Katie Jackson,… Read More Here

International Copper Gold New Mining Projects

Tyranna Resources Secures Majority Stake in Promising Maongo Copper-Gold Project in Angola

July 14, 2025July 14, 2025 Constance

Tyranna Resources Acquires 70% of Angola’s Maongo Copper-Gold Project Amid Growing Demand for Strategic Metals Tyranna Resources, an ASX-listed company, has signed agreements to acquire a 70% interest in the Maongo copper-gold project, located 25 km northeast of Namibe, Angola. The project comprises a single prospecting concession application covering 269 km², which is expected to be formally granted in the September 2025 quarter. The area hosts extensive historical mining infrastructure, including ore treatment sites, three main underground mining zones, and numerous secondary workings that predate Angola’s modern political era. Situated… Read More Here

Mining in Zambia Copper

Zambia and Mercuria Launch Copper Exports After Govt Waives Export Duty

July 14, 2025July 14, 2025 Constance

Zambia and Mercuria Begin Copper Exports Under New Partnership After Export Duty Suspension Zambia’s state-owned Industrial Development Corporation (IDC) and global commodities trader Mercuria Energy Group are set to export their first shipment of copper concentrates under a new joint venture, following a government waiver on export duties. The Zambian government issued a temporary suspension of the 10% export duty on semi-processed copper, covering 255,357 metric tons of copper concentrates. The waiver—granted on June 28 and formalized the day before—will remain in effect until October 1, according to official regulations.… Read More Here

Copper

U.S. Announces 50% Copper Import Tariff, Driving Price Surge and Impacting DRC Copper Exports

July 13, 2025July 13, 2025 Constance

U.S. Imposes 50% Copper Tariff: Implications for Global Markets and the DRC’s Copper Industry On July 8, U.S. President Donald Trump announced a sweeping 50% tariff on all copper imports, aiming to boost domestic copper production and reduce reliance on foreign suppliers—an issue he labeled a national security risk. The United States is the world’s second-largest copper importer after China, primarily importing refined copper products. According to the U.S. Department of Commerce, copper imports reached $17 billion in 2024, with Chile alone accounting for $6 billion of that total. While… Read More Here

Mining in DRC Copper

Dowstone Technology to Invest $165 Million in New Copper Smelter in DRC

July 13, 2025July 13, 2025 Constance

Dowstone Technology Plans $165M Copper Smelter in DRC, Boosting China’s Copper Refining Capacity Chinese battery materials firm Dowstone Technology announced on July 3, 2025, its intention to build a state-of-the-art copper smelting facility in the Democratic Republic of Congo (DRC). The planned investment of $165 million aims to create a plant capable of producing 30,000 tons of copper cathodes annually. Construction is expected to span 18 months, pending regulatory approvals from both the DRC and China. This new smelter is poised to further solidify China’s expanding influence in the refined… Read More Here

Mining in Zambia Copper Drilling Exploration New Mining Projects

Prospect Resources Advances Phase 2 Drilling at Mumbezhi with Promising Copper Intercepts and Expanded Exploration

July 13, 2025July 13, 2025 Constance

Prospect Resources Reports Strong Copper Intercepts at Zambia’s Mumbezhi Project as Phase 2 Drilling Accelerates ASX-listed Prospect Resources has reported encouraging progress from Phase 2 diamond drilling at the Nyungu Central deposit within the Mumbezhi copper project in north-west Zambia. The latest results validate the project’s broader structural geological model, underpinned by thick and high-grade copper intercepts. In parallel, the company confirmed that Phase 2 exploration activities are also advancing at the Kabikupa deposit, where extensional drilling is progressing well. Although final assay results from Kabikupa are still pending, initial… Read More Here

Mining in DRC Copper Corporate News

Trafigura Secures Copper Anodes in $200M Prepayment Deal with Ivanhoe Mines

July 13, 2025July 13, 2025 Constance

Trafigura Pays $200M for Congo Copper in Ivanhoe Smelter Deal Amid Tightening Global Supplyy Trafigura Group has agreed to pay $200 million in a prepayment deal to secure copper anodes from Ivanhoe Mines’ new smelter in the Democratic Republic of Congo (DRC), which is expected to begin operations in September. The agreement, finalized in June, was announced by Ivanhoe in a statement on Tuesday. The deal highlights the growing trend of global commodity trading firms — including Mercuria and Vitol — offering upfront financing to lock in future supplies of… Read More Here