Copper - Copperbelt Katanga Mining

ZCCM-IH Bets on Long-Term Growth Despite 2025 Loss as Copper Investments Gain Momentum 1

ZCCM-IH Posts 2025 Loss as Strategic Investments Position Company for Future Growth ZCCM Investments Holdings Plc says its 2025 financial results reflect a strategic investment phase designed to position the company for long-term growth, despite reporting a net loss after a record profit in 2024. The company posted a provisional net loss of ZMW2.79 billion (US$110.7 million) for the year ended December 31, 2025, compared with a record ZMW39.85 billion (US$1.52 billion) profit the previous year. ZCCM-IH said the 2024 result was boosted by a once-off gain from the Mopani… Read More Here

Mining in Zambia Copper Economy Investment News

Investor Confidence Surges in Zambia’s Mining Sector Amid Copper Boom and Economic Stabilisation

July 1, 2026July 1, 2026 Constance0 comment

Zambia Mining Investment Surge Driven by Copper Demand and Economic Recovery Investor interest in the mining sector of Zambia has increased significantly as the country’s fiscal consolidation strengthens following its exit from sovereign default status. The improvement in macroeconomic stability is beginning to reshape investor sentiment across key sectors. According to a senior executive at Citi, confidence in the Zambian economy has improved as reforms and stabilisation efforts take hold. The bank has observed rising investor engagement, particularly in mining, energy, and agriculture. Zambia’s vast copper reserves remain central to… Read More Here

International Copper Exploration New Mining Projects

Anglo American Advances Copper Exploration in Angola’s Moxico Leste Province

July 1, 2026July 1, 2026 Constance0 comment

Anglo American Presents Copper Prospecting Project in Angola’s Cazombo Salient Amid Regional Copper Belt Expansion Anglo American has presented a copper prospecting project in Angola’s Cazombo Salient, highlighting new opportunities for the country’s mining sector. The presentation took place on Tuesday in the commune of Calunda, in the municipality of Muconda, Moxico Leste province, and was disclosed by the Ministry of Mineral Resources, Petroleum and Gas in a statement. According to the ministry, Anglo American Angola introduced the Copper Prospecting Project in the Cazombo Salient as a strategic initiative aimed… Read More Here

Mining in Zambia Copper Economy

Zambia Accelerates Mining Expansion as Kansanshi S3 Project Boosts Copper Production Outlook

June 30, 2026June 30, 2026 Constance0 comment

Zambia’s Mining Sector Attracts Billions in Investment as Kansanshi S3 Expansion Drives Copper Growth Ambitions Zambia’s mining sector is undergoing a significant transformation, driven by multi-billion-dollar investments aimed at expanding production capacity, developing new mining projects, and deploying advanced technologies to meet rising global demand for copper. As part of its long-term industrial strategy, the country is targeting annual copper production of three million metric tonnes by 2030, reinforcing its ambition to strengthen its role in the global energy transition, where copper remains a critical mineral. According to the Zambia… Read More Here

International Cobalt Copper Corporate News New Mining Projects

Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

June 30, 2026June 30, 2026 Constance0 comment

Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here

Mining in Zambia Copper Corporate News Infrastructural Development

KCM Launches New Weighbridge at Nchanga Open Pit to Enhance Operational Efficiency and Safety

June 29, 2026June 29, 2026 Constance0 comment

Konkola Copper Mines Commissions US$135,000 Nchanga Open Pit Weighbridge to Improve Efficiency and Traffic Flow Konkola Copper Mines (KCM) Plc has commissioned a new US$135,000 weighbridge at the Nchanga Open Pit aimed at improving operational efficiency, enhancing traffic flow and supporting the movement of materials within the mine. The commissioning ceremony opened with a safety briefing by Sydney Chikwamo, Safety Manager for Hanhe, who stressed the importance of effective traffic management around the facility. He noted that increased truck movements require stronger safety measures to prevent incidents and ensure smooth… Read More Here

Mining in Zambia Copper Exploration New Mining Projects

Koryx Copper Advances Zambia Exploration as Mpongwe and Luanshya West Targets Take Shape

June 25, 2026June 25, 2026 Constance0 comment

Koryx Copper expands Zambia exploration at Mpongwe and Luanshya West as soil anomalies and drill targets emerge TSX Venture Exchange-listed Koryx Copper is advancing systematic exploration across its Zambian copper assets, even as its flagship focus remains the Haib Copper Project in Namibia. The company says ongoing work in Zambia is aimed at refining drill targets and prioritising the most prospective geological zones. Koryx holds two large-scale exploration licences in Zambia: Luanshya West and Mpongwe. At Mpongwe, the company has completed approximately 4,000 soil samples (excluding QA/QC samples), forming the… Read More Here

Investment News Copper Corporate News Mining in Zambia

Vedanta Raises Copper Investment Firepower Through Partial CopperTech Stake Sale

June 25, 2026June 25, 2026 Constance0 comment

Vedanta sells 11.8% CopperTech stake to fund $372m expansion of Zambia’s Konkola Copper Mines UK-based Vedanta Resources is restructuring part of its asset portfolio to raise capital for expansion of its copper operations in Zambia, as global demand for the metal continues to strengthen. The company has announced plans to sell 11.8%, or approximately 23.5 million shares, in its US-based subsidiary CopperTech Metals Inc. The transaction is expected to generate net proceeds of up to $429 million, with around $372 million earmarked for investment in Zambia’s Konkola Copper Mines (KCM)… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Prospect Resources Advances Mumbezhi Toward Tier-1 Copper Development

June 25, 2026June 25, 2026 Constance0 comment

Prospect Resources Builds Momentum at Mumbezhi Copper Project in Zambia Prospect Resources is rapidly establishing itself as a significant player in the global copper sector through the advancement of its flagship Mumbezhi Copper Project in Zambia. Located in one of Africa’s premier mining jurisdictions, the project is emerging as a substantial copper development opportunity at a time when demand for the red metal continues to strengthen, driven by electrification, renewable energy infrastructure and growing industrial requirements worldwide. The Mumbezhi Copper Project is situated in Zambia’s North-Western Province, a region that… Read More Here

Mining in DRC Cobalt Copper Corporate News Mergers & Acquisitions

U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector

June 23, 2026June 23, 2026 Constance0 comment

Virtus Minerals’ Chemaf Deal Marks U.S. Return to DRC Mining and Critical Minerals Push, Says Washington The acquisition of Chemaf Group’s mining assets in the Democratic Republic of Congo by U.S.-based Virtus Minerals continues to draw strong support from Washington, where officials view the deal as a strategic milestone in strengthening American engagement in the global critical minerals sector. Jacob S. Helberg, U.S. Under Secretary of State for Economic Affairs, described the transaction as a significant development for both the United States and the DRC, framing it as part of… Read More Here