Copper - Copperbelt Katanga Mining

Copper Falls to US$13,981 as Rising LME Stocks Ease Supply Tightness 1

Copper Price Falls to US$13,981 as Rising LME Stocks Ease Supply Concerns Copper prices came under renewed pressure on Thursday, with three-month copper on the London Metal Exchange (LME) falling 0.5% to US$13,981 per tonne as rising warehouse inventories eased concerns over near-term physical supply. The decline followed a 0.5% gain the previous day and came as additional copper entered LME-approved warehouses. However, a weaker US dollar helped limit the decline by making dollar-denominated commodities relatively cheaper for buyers using other currencies. LME copper inventories have recovered rapidly after falling… Read More Here

Mining in DRC Copper Corporate News

South Korea Commits US$1 Billion to Glencore as US Targets DRC Copper Assets

August 20, 2026August 20, 2026 Constance0 comment

South Korea Commits US$1 Billion to Glencore as US-Backed Group Targets DRC Copper Mines Competition for access to copper is intensifying as South Korea and the United States pursue different strategies to secure long-term supplies of the critical metal, with Glencore’s operations in the Democratic Republic of Congo (DRC) emerging as a key focus. South Korea is preparing to provide US$1 billion in financing to Glencore in exchange for reliable copper supplies for Korean industries. At the same time, a US-backed consortium is negotiating for a 40% interest in Glencore’s… Read More Here

Mining in Zambia Copper Economy Investment News

Zambia’s Copper Boom Drives Potential $1 Billion IPO Wave

August 19, 2026August 19, 2026 Constance0 comment

Zambia Eyes Up to $1 Billion in IPOs as Copper Prices Strengthen Investor Interest Zambia’s capital markets could see a significant increase in initial public offerings (IPOs), with companies potentially raising up to $1 billion on the Lusaka Securities Exchange (LuSE) as strong copper prices boost investor interest. The LuSE expects the potential IPO pipeline to mark an unprecedented level of activity for the exchange. The outlook comes as Zambia’s copper sector expands and mining companies seek additional capital to finance production growth and new projects. Copper strengthens investment outlook… Read More Here

International Cobalt Copper Corporate News

Chilean Cobalt Secures $375 Million US EXIM Financing Interest for Chile Projects

August 18, 2026August 18, 2026 Constance0 comment

hilean Cobalt Secures $375 Million US EXIM Bank Financing Interest for Chile Copper-Cobalt Project Chilean Cobalt Corporation has received a new non-binding Letter of Interest (LOI) from the Export-Import Bank of the United States (US EXIM) for potential debt financing of up to $375 million to support development of its La Cobaltera and El Cofre cobalt-copper projects in northern Chile. The new financing indication is higher than the company’s previous $317 million LOI from US EXIM, which has since expired. Chilean Cobalt submitted a new application based on an updated… Read More Here

International Copper Corporate News Drilling Exploration

Arc Minerals Selects Drilling Contractor for Botswana’s Virgo Copper Project

August 18, 2026August 18, 2026 Constance0 comment

Arc Minerals Selects Drilling Contractor for 6,000m-Plus Botswana Copper Exploration Programme Arc Minerals has selected G D E Botswana Drilling & Exploration, also known as Global Drill, to undertake a major diamond drilling programme at its Virgo copper project in Botswana’s Kalahari Copper Belt (KCB). The programme will target high-priority areas within licence PL135/2017, located in the Zone 5 corridor, with drilling expected to exceed 6,000 metres. Drilling to test high-priority targets The phased programme will investigate approximately 14 kilometres of the D’kar-Ngwako Pan Formation contact, identified through a recent… Read More Here

International Copper Corporate News

South Korea Secures Glencore Copper Supply Through $1 Billion Financing Deal

August 18, 2026August 18, 2026 Constance0 comment

South Korea Offers Glencore $1 Billion Loan in Deal to Secure Long-Term Copper Supplies South Korea is strengthening its access to copper through a $1 billion financing agreement with Glencore, linking government-backed funding to long-term supplies of the critical metal for Korean companies. The deal comes as competition for copper intensifies globally, with demand rising from electric vehicles, renewable energy, power infrastructure, data centres and artificial intelligence technologies. South Korea, whose industrial economy depends heavily on imported raw materials, is seeking to secure reliable supplies amid growing concerns over future… Read More Here

Mining in DRC Cobalt Copper Corporate News

Fifi Masuka Saini Visits TFM to Explore Copper and Cobalt Production Technology

August 16, 2026August 16, 2026 Constance0 comment

DRC Governor Fifi Masuka Saini Visits Tenke Fungurume Mining to Explore Copper and Cobalt Production Technology The Governor of Lualaba Province, Fifi Masuka Saini, has visited the industrial facilities of Tenke Fungurume Mining (TFM) in Fungurume to gain firsthand insight into the company’s copper and cobalt production operations. The visit took place on Thursday, 13 August, during the governor’s tour of the Fungurume area, where she was accompanied by a provincial delegation. During her visit to TFM, Masuka Saini was briefed on the company’s mining and processing operations, with particular… Read More Here

Mining in Zambia Copper Economy

Zambia’s Copper Boom Draws Global Investment as Production Ambitions Rise

August 14, 2026August 14, 2026 Constance0 comment

Zambia’s Copper Industry Enters New Growth Era as Global Investment and Production Surge Zambia’s position as one of Africa’s leading copper producers is attracting growing interest from international investors as the country seeks to expand production, develop new mining projects and strengthen its role in global copper supply chains. Zambia produced a record 890,000 tonnes of copper in 2025, marking a significant increase in output and reinforcing the country’s position as a major copper producer. The government has set ambitious targets to further increase production over the coming years, supported… Read More Here

Mining in DRC Copper Transport and Logistics

DRC Copper Industry Expands as China, India and Tanzania Deepen Their Roles

August 14, 2026August 14, 2026 Constance0 comment

DRC Copper Value Chain Expands Beyond China, India and Tanzania as Processing and Logistics Grow The Democratic Republic of Congo’s copper industry is increasingly developing into a more complex regional value chain, challenging the simplified view that China extracts, India processes and Tanzania provides transport infrastructure. While Chinese companies have a major presence in the DRC’s mining and processing industries, Indian-linked businesses are also active in the country’s metallurgical sector. Tanzania, meanwhile, plays an increasingly important role as a transit hub for Congolese mineral exports and imports. Chinese investment remains… Read More Here

Mining in DRC Copper Corporate News New Mining Projects

Ivanhoe Mines Accelerates Makoko Copper Development in DRC

August 14, 2026August 14, 2026 Constance0 comment

Ivanhoe Mines Accelerates Makoko Copper Development as Western Forelands Exploration Expands in DRC Ivanhoe Mines is accelerating exploration and development activities at the Makoko copper discovery within its Western Forelands project in the Democratic Republic of Congo (DRC), as continued drilling expands the scale and potential of the mineralised district. The Western Forelands project covers approximately 2,393 square kilometres in Lualaba Province, adjacent to the Kamoa-Kakula Copper Complex. The area is considered highly prospective for large, high-grade copper deposits. Recent drilling has extended copper mineralisation farther west from the original… Read More Here