Prospect Resources Shifts Focus from Namibia Lithium to Zambian Copper 1 Corporate News Copper Lithium Mining in Zambia 

Prospect Resources Shifts Focus from Namibia Lithium to Zambian Copper

Prospect Resources Quietly Holds Omaruru Lithium Project in Namibia While Advancing Zambian Copper Strategy Prospect Resources spent the past year reshaping its portfolio, selling the Step Aside lithium project in Zimbabwe and turning its corporate focus toward copper assets in Zambia. Yet one asset quietly remained on the company’s books: the Omaruru Lithium Project in Namibia. Interestingly, Prospect made no mention of Omaruru in its November 25 corporate presentation, despite the project’s history and potential suggesting a more nuanced story. Before Prospect’s involvement, the Omaruru project had undergone systematic exploration… Read More Here
Kamoa Copper Lights Up Africa’s Largest Eco-Friendly Copper Smelter in DRC 2 Mining in DRC Copper Corporate News 

Kamoa Copper Lights Up Africa’s Largest Eco-Friendly Copper Smelter in DRC

Kamoa Copper Inaugurates Furnace at Africa’s Largest Sustainable Copper Smelter On November 21, 2025, Kamoa Copper officially inaugurated the furnace at Africa’s largest and most environmentally friendly copper smelter, marking a historic milestone for the company and the Democratic Republic of Congo’s mining industry. The event represents a major advance in copper processing capacity on the continent. The ceremony, held in Lualaba province, blended modern engineering with ancestral tradition. In a nearby village close to Sammukoko, Cité Maseka, and Cité Mpesa Moya, a traditional furnace known as Lwanzo lua mikuba… Read More Here
Barrick Confirms Commitment to $7B Reko Diq Copper Project in Pakistan 3 International Copper Corporate News Gold New Mining Projects 

Barrick Confirms Commitment to $7B Reko Diq Copper Project in Pakistan

Barrick Reaffirms Support for Reko Diq Copper Mine Amid Speculation of Asset Sale Barrick Mining has reiterated its commitment to the Reko Diq copper mine in Pakistan, one of the world’s largest undeveloped copper deposits, following media reports suggesting the company might consider a withdrawal. The $7-billion project, located in the remote and insurgency-affected western province of Balochistan, is a 50-50 joint venture between Barrick and Pakistani authorities. It is expected to begin production by the end of 2028. Reports this month cited sources familiar with Barrick’s internal discussions, suggesting… Read More Here
Zambian Presidency Rejects Proposal for Free 15% State Stake in Critical Mineral Mines 4 Mining in Zambia Cobalt Copper 

Zambian Presidency Rejects Proposal for Free 15% State Stake in Critical Mineral Mines

Zambia Blocks Draft Regulation Seeking 15% Free-Carried State Interest in Copper and Critical Mineral Projects Zambia’s Presidency has dismissed proposed regulations that would grant the government a minimum 15% free-carried, non-dilutable stake in mining companies producing copper and other critical minerals. The draft statutory instrument proposes that the state hold at least 15% ownership in any mining operation involving a critical mineral—without paying for the stake. It also outlines a mechanism through which government participation could rise to 40%, achieved by forfeiting dividends and offering tax concessions rather than making… Read More Here
Copper Mark and SSI Partner to Strengthen Responsible Copper Sourcing for the Solar Industry 5 Copper International 

Copper Mark and SSI Partner to Strengthen Responsible Copper Sourcing for the Solar Industry

Copper Mark–SSI Agreement Aims to Boost Responsible Copper Production for Growing Solar Supply Chain The Copper Mark and the Solar Stewardship Initiative (SSI) have signed a memorandum of understanding (MoU) to advance responsible copper production and sourcing across the global solar energy value chain. Announced on November 27, the partnership reflects copper’s crucial role in solar energy generation and transmission. As renewable energy demand accelerates, the need for coordinated action among mining, processing and manufacturing stakeholders has become increasingly urgent. The agreement aims to link upstream and downstream assurance systems… Read More Here
Global Copper Crunch Set to Deepen in 2026 as Supply Struggles to Keep Pace 6 Copper International 

Global Copper Crunch Set to Deepen in 2026 as Supply Struggles to Keep Pace

Copper Supply Deficit to Hit 500,000 Tons in 2026, Driving Prices to New Highs, Mercuria Warns A tightening squeeze in global copper markets is expected to intensify next year, driving prices for both copper concentrate and refined metal to new highs, according to Mercuria’s head of metals research, Nicholas Snowdon. Snowdon — a prominent copper bull at the Geneva-based commodity trading firm — said the global copper concentrate market will face a deficit of roughly 500,000 tons in 2026, mirroring the shortfall anticipated for 2025. Concentrate is the raw material… Read More Here
Ivanhoe Mines Announces Leadership Transitions to Support Next Wave of Expansion 7 Corporate News Copper Mining in DRC 

Ivanhoe Mines Announces Leadership Transitions to Support Next Wave of Expansion

Ivanhoe Mines Appoints New COO as Company Enters Next Phase of Global Copper Growth Canadian mining company Ivanhoe Mines has appointed Tom van den Berg, currently a senior executive at the Kamoa-Kakula operations, as the group’s new Chief Operating Officer (COO), effective January 1, 2026. He will succeed current COO Mark Farren, who will transition into a strategic adviser role to the Ivanhoe board. Ivanhoe highlighted Farren’s significant contributions over the past five years, noting his leadership in delivering nine major capital projects while serving as COO of Ivanhoe Mines… Read More Here
Vedanta to Expand Mining Investments in Saudi Arabia Amid Vision 2030 Push 8 International Copper Corporate News Gold 

Vedanta to Expand Mining Investments in Saudi Arabia Amid Vision 2030 Push

Vedanta Plans $2 Billion Investment in Saudi Copper and Gold Mines as Kingdom Aims to Become Mining Hub Vedanta Ltd. is set to increase its investments in Saudi Arabia as the Indian conglomerate bets on the kingdom’s ambitions to become a global metals and mining hub under its Vision 2030 economic transformation plan. The company plans to begin copper and gold exploration in western Saudi Arabia within six to eight months, marking its first official foray into mineral extraction in the country. Vedanta received a formal license on Tuesday, alongside… Read More Here
DRC Energizes Industrial Growth as Inga II Sends First 50 MW to Kamoa Copper 9 Mining in DRC Copper Hydro power plant 

DRC Energizes Industrial Growth as Inga II Sends First 50 MW to Kamoa Copper

DRC Delivers First 50 MW From Inga II to Kamoa: $450M Energy Partnership Accelerates Grid Modernization A major step toward modernizing the Democratic Republic of Congo’s electricity network has been achieved. On November 10, 2025, the first 50 MW of hydroelectric power from Turbine 5 of the Inga II power plant was successfully delivered to the Kamoa Copper mining complex, marking the beginning of a new phase in the country’s energy sector. The delivery follows a strategic partnership between the National Electricity Company (SNEL) and Ivanhoe Mines Energy DRC (IVEN),… Read More Here
Jubilee Metals Reports Strong Q1 2026 Copper Production in Zambia 10 Copper Corporate News Mining in Zambia 

Jubilee Metals Reports Strong Q1 2026 Copper Production in Zambia

Jubilee Metals Achieves 65% Quarter-on-Quarter Copper Production Growth in Zambia Zambia-focused copper producer Jubilee Metals Group has reported strong progress for the quarter ended September 30, the first quarter of its 2026 financial year, highlighting a significant improvement in copper production. CEO Leon Coetzer shared an operational and projects update for the company’s Zambian operations during the period. Copper production reached 938 tonnes, up 65% from the previous quarter’s 568 tonnes, with operations unaffected by material power outages. The production was primarily derived from copper concentrate produced by Roan for… Read More Here

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