Copper - Copperbelt Katanga Mining

DRC Mineral Markets See Mixed Movements as Copper Continues Upward Trend 1

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

Mining in DRC Cobalt Copper

DRC Engages Japanese Delegation on Strategic Copperbelt Mineral Supply Chain Initiative

November 30, 2025 Constance

Japan Presents Master Plan to Strengthen DRC Copperbelt Mineral Supply Chain On Friday, November 28, 2025, the Government of the Democratic Republic of Congo (DRC) hosted a delegation of Japanese companies in Kinshasa to present a Master Plan aimed at structuring and securing the supply chain of critical minerals in the Copperbelt region, a key area spanning the DRC and Zambia. The Japanese initiative reflects a global push to diversify sources of minerals essential for the energy transition, particularly cobalt, copper, and germanium. Japan’s engagement signals a strategic move to… Read More Here

Mining in Zambia Copper Corporate News

FQM Reaffirms Commitment to Zambian Suppliers as Local Content SI 68 Takes Effect

November 30, 2025November 30, 2025 Constance

FQM Deepens Support for Zambian Suppliers as Local Content SI 68 Ushers in New Opportunities First Quantum Minerals (FQM) has reiterated its commitment to expanding opportunities for Zambian businesses through Local Content Statutory Instrument No. 68 (SI 68) — a policy aimed at increasing local participation in the mining supply chain. Speaking during the Mine Suppliers & Contractors Day in Kitwe, FQM executives emphasized that the company has long been investing in local procurement and supplier development, even before SI 68 came into force. Through structured capacity-building programs and expanded… Read More Here

International Copper

Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates

November 28, 2025November 28, 2025 Constance

UBS Predicts Copper at $13,000/Ton by 2026 Amid Supply Disruptions and Soaring Green Energy Demand According to new projections from UBS, copper prices could surge to $13,000 per ton by December 2026, driven by a dual shock: persistent disruptions in global mining operations and an unprecedented rise in demand fueled by the worldwide energy transition. A chart published by Mining Visuals shows a steady upward trend: $11,500 in March 2026, $12,000 in June, $12,500 in September, and a peak of $13,000 by year’s end. This continuous rise reflects growing pressure… Read More Here