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Category: Copper

KCC Denies Reports of Selling Three Artisanal Mining Sites in Lualaba Province 1 Mining in DRC Copper Corporate News 

KCC Denies Reports of Selling Three Artisanal Mining Sites in Lualaba Province

Constance
Kamoto Copper Company Refutes Claims of Selling Lualaba Artisanal Mining Sites In a press release issued on Thursday, August 7, 2025, Kamoto Copper Company (KCC) firmly denied allegations that it intends to sell its three artisanal mining sites in Lualaba Province. “KCC has made no such commitment,” the company stated, underscoring its importance as an employer, community partner, and taxpayer in the province. “We intend to continue playing our role to the fullest by operating all of our mining permits,” the statement added. KCC clarified that during the renewal of… Read More Here
FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust 2 Mining in Zambia Copper Corporate News 

FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust

Constance
First Quantum’s Kansanshi Mine Launches Public Process to Create Inclusive Grievance Mechanism in Zambia First Quantum Minerals’ (FQM) Kansanshi Mining PLC has launched a public consultative process to develop a new Grievance Management Procedure, aimed at improving transparency, accountability, and community engagement. The initiative seeks to establish a comprehensive framework for receiving, assessing, and resolving concerns from both internal and external stakeholders in a transparent, fair, and timely manner, with active community participation. North-Western Province Deputy Permanent Secretary, Luckson Mulumbi, praised Kansanshi Mining PLC for taking a proactive step toward… Read More Here
KCM Applauds Presidential Support for KDMP, Targets 300,000 Tonnes of Copper by 2031 3 Mining in Zambia Copper Corporate News Economy 

KCM Applauds Presidential Support for KDMP, Targets 300,000 Tonnes of Copper by 2031

Constance
Konkola Copper Mines Sets Sights on 300,000-Tonne Annual Output by 2031 with KDMP Boost Konkola Copper Mines (KCM) has welcomed the directive from His Excellency, Republican President Hakainde Hichilema, to maintain and accelerate progress on the Konkola Deep Mining Project (KDMP), with the ambitious goal of achieving an annual copper production capacity of 300,000 tonnes by 2031. President Hichilema made these remarks during his visit to the KCM exhibition stand at the 2025 Agricultural and Commercial Show in Lusaka, held from July 30 to August 4, 2025. He commended KCM’s… Read More Here
Zambia Rejects US Concerns Over Copper Mine Acid Spill 4 Mining in Zambia Copper Safety & Health 

Zambia Rejects US Concerns Over Copper Mine Acid Spill

Constance
Zambia Says Copper Mine Acid Spill No Longer a Health Risk Amid US Travel Warning Zambia’s government on Thursday rejected claims that a February acid spill in its copper-mining region continues to pose a serious health threat, countering a US embassy travel advisory that warned of widespread contamination. The incident occurred when a tailings dam failed at a Chinese-operated copper processing plant in Chambishi, releasing 50,000 cubic metres of acidic slurry into nearby rivers. According to government spokesperson Cornelius Mweetwa, clean-up operations—primarily using lime to neutralise acidity—have restored pH levels… Read More Here
Copper Tariff Exemption Reveals the U.S. Balancing Act Between Industry Protection and Energy Costs 5 International Copper Economy 

Copper Tariff Exemption Reveals the U.S. Balancing Act Between Industry Protection and Energy Costs

Constance
Why the U.S. Exempted Refined Copper from Tariffs While Slapping 50% Duties on Aluminum In a move that surprised global markets, the United States last week announced it would exempt refined copper metal from new import duties—while maintaining steep tariffs on semi-finished copper products such as wire, tube, and sheet. The decision sent Comex copper prices down more than 20% since the announcement last Wednesday. The contrast between this exemption and the earlier imposition of 50% tariffs on aluminum imports highlights the crucial role of energy costs and industry lobbying… Read More Here
Jubilee Metals Makes Major Strides in Zambian Copper Expansion 6 Mining in Zambia Copper Corporate News Economy 

Jubilee Metals Makes Major Strides in Zambian Copper Expansion

Constance
Jubilee Metals Reports Strong Copper Growth in Zambia, Eyes 10,000t Boost in 2026 Amid Strategic Asset Expansion Diversified metals producer Jubilee Metals has announced substantial progress across its copper operations in Zambia, marking a critical milestone in its long-term copper expansion strategy. According to CEO Leon Coetzer, all essential assets are now in place to maintain momentum and drive sustainable growth. Jubilee’s Zambian strategy draws on the company’s extensive processing experience from its South African chrome and platinum group metals (PGM) operations, which are currently in the final stages of… Read More Here
One Dead, Five Missing After Earthquake Triggers Collapse at Chile’s El Teniente Copper Mine 7 International Copper Mining safety 

One Dead, Five Missing After Earthquake Triggers Collapse at Chile’s El Teniente Copper Mine

Constance
El Teniente Mine Collapse: One Dead, Five Missing After 4.2-Magnitude Earthquake Hits Codelco Site One worker has died and five remain missing following a structural collapse at the Andesita project within Codelco’s El Teniente copper mine, after a 4.2-magnitude earthquake struck central Chile on Thursday evening. The mine, located 75 km southeast of Santiago, is the world’s largest underground copper operation. State-owned copper giant Codelco confirmed the death of Paulo Marín Tapia and reported that nine other workers sustained injuries, though none were life-threatening. Rescue efforts have been hampered due… Read More Here
Trump Imposes 50% Tariff on Copper Imports to Boost Domestic Industry 8 International Copper 

Trump Imposes 50% Tariff on Copper Imports to Boost Domestic Industry

Constance
Trump Enacts 50% Tariff on Copper Imports Starting August 1 to Strengthen U.S. Industry and National Security U.S. President Donald Trump has signed a proclamation imposing a 50% tariff on a wide range of copper imports, including semi-finished products such as pipes, wires, rods, sheets, and tubes. The new tariff, effective August 1, is intended to strengthen the domestic copper industry and address national security concerns. According to a White House fact sheet, the tariff applies specifically to semi-finished and copper-intensive derivative products, such as pipe fittings, electrical connectors, cables,… Read More Here
Vedanta Misses Quarterly Profit Estimates Despite Revenue Growth in Aluminium and Copper 9 International Copper Corporate News 

Vedanta Misses Quarterly Profit Estimates Despite Revenue Growth in Aluminium and Copper

Constance
Vedanta Misses Profit Forecasts as Lower Aluminium and Copper Prices, Higher Taxes Weigh on Earnings Indian conglomerate Vedanta Ltd. fell short of quarterly profit expectations for the three months ending June 30, as declining aluminium and copper prices along with higher tax expenses outweighed gains from strong domestic demand. Despite reporting a 6.2% year-on-year increase in total revenue to ₹374.34 billion ($4.3 billion), Vedanta’s consolidated net profit dropped to ₹31.85 billion, down from ₹36.06 billion during the same quarter last year. Analysts polled by LSEG had expected a profit of… Read More Here
Glencore Boosts Copper-Equivalent Output by 5%, Targets $1 Billion in Cost Cuts by 2026 10 Copper Corporate News 

Glencore Boosts Copper-Equivalent Output by 5%, Targets $1 Billion in Cost Cuts by 2026

Constance
Glencore Reports 5% Rise in Copper Equivalent Output, Unveils $1 Billion in Cost-Saving Opportunities Diversified mining giant Glencore reported a 5% year-on-year increase in copper equivalent production for the six months ending June 30, 2025, driven by the integration of Elk Valley Resources’ steelmaking coal volumes. According to the Johannesburg Stock Exchange-listed company, steelmaking coal production totaled 15.7 million tonnes, with 12.7 million tonnes contributed by Elk Valley Resources in Canada. Australian steelmaking coal output fell 12% to 3 million tonnes, primarily due to a temporary suspension at Oaky Creek… Read More Here

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