Copper - Copperbelt Katanga Mining

Ivanhoe Mines Cuts 2025 Copper Guidance After Seismic Flooding Disrupts Kamoa-Kakula Operations 1

Ivanhoe Mines has lowered its 2025 copper production forecast for the Kamoa-Kakula complex in the Democratic Republic of Congo (DRC), following a temporary suspension of underground operations at the Kakula mine due to severe flooding caused by seismic activity. The incident, which occurred on May 18, forced a full shutdown of the Kakula underground mine and triggered an extensive geotechnical review. In response, Ivanhoe has implemented a revised short-term mine plan. Underground mining resumed on the western side of the Kakula mine over the past weekend, with operations on the… Read More Here

Mining in Zambia Copper Corporate News

FQM Trident Strengthens Zambia’s Mining Sector with Record Production and Sustainability Efforts

June 10, 2025June 10, 2025 Constance

Solwezi, Zambia – FQM Trident, a subsidiary of First Quantum Minerals, continues to solidify its position as a key player in Zambia’s mining sector. During a recent media tour, Assistant General Manager Frederic Wouters provided an update on the company’s operations, highlighting record production figures, environmental initiatives, and community investment efforts. In 2024, FQM Trident’s Sentinel Copper Mine produced an impressive 231,000 tons of copper, with similar output expected this year. Meanwhile, the newly commissioned Enterprise Nickel Mine is ramping up production and is projected to deliver up to 25,000… Read More Here

Mining in Zambia Battery Metals Copper

Zambia Courts Carmakers to Build EV Component Plants Near Copper Mines

June 10, 2025June 10, 2025 Constance

Zambia has opened discussions with global car manufacturers to encourage the establishment of electric vehicle (EV) component factories near its copper mining operations, a strategic move aimed at boosting local value addition and integrating the country into the EV global supply chain. Finance Minister Situmbeko Musokotwane, speaking at Bloomberg’s annual Africa Business Media Innovators conference in Livingstone, revealed that the government is actively engaging with automakers. “Even last week when I was in Germany, I urged companies to consider manufacturing some of their electric-vehicle components in Zambia,” Musokotwane said.“Those components… Read More Here

Mining in Zambia Copper Corporate News Economy

FQM Injects $2.6 Billion into Zambia’s Economy in 2024

June 8, 2025June 8, 2025 Constance

First Quantum Minerals (FQM) contributed over $2.6 billion to Zambia’s economy in 2024 through its operations at the Trident and Kansanshi mines in North-Western Province, according to the company’s latest Global Tax Transparency and Economic Contributions Report. The report reveals that FQM paid $650 million in taxes, spent $1.75 billion on local procurement, disbursed $236 million in wages to local employees, and invested $13 million in community development initiatives. In terms of output, the two mines produced 402,000 tonnes of copper and 19,000 tonnes of nickel last year. FQM continues… Read More Here

Mining in Zambia Copper Economy

Zambia’s Refined Copper Exports Rise 17.6% in Q1 as Output Expansion Accelerates

June 8, 2025June 8, 2025 Constance

Zambia’s refined copper exports reached 283,500 tonnes in the first quarter of 2025, marking a 17.6% increase compared to 241,000 tonnes during the same period last year, according to newly released data. The positive trend is reflected in monthly growth figures, with exports rising from 71,200 tonnes in March 2025 to 72,300 tonnes in April—an increase of 1.6%. This steady growth supports the Zambian government’s ambitious target of producing 3 million tonnes of copper annually by 2031. The objective is part of a broader strategy to maximize the economic benefits… Read More Here

Mining in DRC Cobalt Copper

DRC Advances Toward Local Mineral Refining with First Copper and Cobalt Refinery Project

June 8, 2025June 8, 2025 Constance

The Democratic Republic of Congo (DRC) is preparing to halt the export of raw minerals, marking a significant step toward reducing its reliance on foreign processing and strengthening its industrial base. This development aligns with the government’s broader strategy for national economic growth and resource sovereignty. This initiative was highlighted during a meeting held on Thursday, June 5, 2025, between Minister of Foreign Trade Julien Paluku and Eddy Kioni, Director of Buenassa, a 100% Congolese-owned company spearheading the country’s first copper and cobalt refinery project. Minister Paluku commended the progress… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Kansanshi S3 Launch Set for August as FQM Nears Completion of the $1.25 Billion Expansion

June 7, 2025June 10, 2025 Constance

First Quantum Minerals (FQM) has reached a significant milestone in the development of its US$1.25 billion Kansanshi S3 Expansion Project in Solwezi, North-Western Province. Now 92% complete, the massive upgrade is on track for commissioning by August this year—marking a major milestone for one of Zambia’s most significant copper operations. August 2025 will mark three years since FQM announced its bold commitment to expand the Kansanshi Mining operations—already among Zambia’s largest copper producers. At the same time, the company pledged an additional US$100 million toward bringing the Enterprise Nickel Project… Read More Here

Mining in Zambia Copper Equipment & Technology

ABB, Hitachi, Komatsu, and Sumitomo Power Up Zambia’s First Electric Mining Fleet

June 4, 2025June 4, 2025 Constance

As global demand for battery minerals continues to surge, technology leaders ABB, Hitachi, Komatsu, and Sumitomo are joining forces to decarbonize mining operations through a cutting-edge electrification strategy that has already reduced emissions across several Japanese sites. The partnership between Hitachi Construction Machinery and ABB Traction reached a major milestone last year with the completion of a prototype for a fully electric, 240-ton haul truck designed for heavy-duty mining. Since then, Komatsu and Sumitomo have joined the effort. These new electric haul trucks are now operating at First Quantum Minerals’… Read More Here

International Copper Technology & Innovation

Chilean Startup Ceibo Delivers First Copper Cathodes Using Innovative Leaching Technology

June 4, 2025June 4, 2025 Constance

A Chilean startup backed by BHP Group has produced its first copper cathodes from a demonstration plant at a mine site in northern Chile, marking a key milestone in efforts to extract more metal from lower-grade ores. Ceibo extracted the copper from sulfide ores at a site owned by Compañía Minera San Gerónimo (CMSG), using its proprietary leaching technology, the companies announced in a joint statement on Tuesday. Ceibo joins a growing list of companies—including Jetti Resources and Rio Tinto’s Nuton venture—developing advanced leaching techniques to economically recover copper from… Read More Here

International Copper

Peru Projects $4.8 Billion in Mining Investment for 2025 Amid Rising Informal Mining Concerns

June 4, 2025June 4, 2025 Constance

Peru’s Minister of Energy and Mines, Jorge Montero, announced on Tuesday that the country expects to attract $4.8 billion in mining investment this year, with copper production projected to reach 2.8 million metric tons. The projection marks a slight increase from 2024, when Peru produced approximately 2.7 million tons of the red metal. Speaking at a press conference, Montero also raised concerns about the growing presence of informal and illegal mining in two key copper-producing regions—Apurímac and Arequipa, both located in southern Peru. Apurímac is home to Las Bambas, one… Read More Here