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Category: Copper

Zijin Mining Warns of Geopolitical Risks Despite Record Earnings Surge 1 International Copper Corporate News 

Zijin Mining Warns of Geopolitical Risks Despite Record Earnings Surge

Constance
Zijin Mining Reports Record Profits but Flags Geopolitical and Resource Nationalism Risks China’s Zijin Mining Group Co., the world’s third-largest metals producer by market value, has warned that geopolitical tensions and rising resource nationalism could challenge its overseas expansion, even as it posts record financial results. The copper and gold giant said that “global uncertainties have become unprecedented”, citing growing competition among major powers for critical minerals. This “high-intensity confrontation,” it warned, could weigh on future revenues, profitability, and new international projects. Zijin has rapidly risen to become one of… Read More Here
US Expands Critical Minerals List to Include Copper, Potash, and Silicon 2 International Battery Metals Copper 

US Expands Critical Minerals List to Include Copper, Potash, and Silicon

Constance
US Government Adds Copper, Potash, and Silicon to Critical Minerals List in Major 2025 Update The US government has proposed adding copper, potash, and silicon to its critical minerals list, marking the most significant revision since the list’s inception in 2018. The update, conducted every three years under the Energy Act of 2020, now includes 54 minerals. Six minerals—copper, silicon, potash, silver, lead, and rhenium—were proposed for addition, while two, tellurium and arsenic, were removed. Copper and silicon were added due to the severe economic risks posed by potential supply… Read More Here
Ivanhoe Mines Announces Stage Two Dewatering of Kakula Mine to Commence Imminently 3 Mining in DRC Copper Corporate News 

Ivanhoe Mines Announces Stage Two Dewatering of Kakula Mine to Commence Imminently

Constance
Ivanhoe Mines’ Executive Co-Chair Robert Friedland and CEO Marna Cloete provided an update on dewatering and rehabilitation activities at the Kamoa-Kakula Copper Complex following seismic activity at the Kakula Mine. The mine team implemented a three-stage plan to dewater affected areas. Stage One, stabilizing and maintaining water levels, has been completed, restoring access to all currently reachable sections. Stage Two, which involves installing high-capacity submersible pumps and permanent surface infrastructure on the eastern side of the mine, is underway. Two of the pumps are operational, with the remaining two expected… Read More Here
FQM Shelves Plan to Sell Zambian Copper Stakes After $1B Gold-Streaming Deal 4 Mining in Zambia Copper Corporate News 

FQM Shelves Plan to Sell Zambian Copper Stakes After $1B Gold-Streaming Deal

Constance
First Quantum Minerals Retains Zambian Copper Assets Following $1 Billion Gold-Streaming Transaction First Quantum Minerals Ltd. has abandoned plans to sell minority stakes in its Zambian copper mines after a $1 billion gold-streaming deal alleviated balance sheet pressures. Earlier this year, the company had considered divesting minority interests in its Kansanshi and Sentinel operations in Zambia, following the forced closure of its flagship Cobre Panama mine in late 2023. Chief Executive Officer Tristan Pascall said the recent agreement to sell part of Kansanshi’s gold output to Royal Gold Inc. has… Read More Here
KCM Launches $8.1 Million Road Rehabilitation Project 5 Mining in Zambia Copper Corporate social responsibility 

KCM Launches $8.1 Million Road Rehabilitation Project

Constance
Konkola Copper Mines Invests $8.1M in Township Road Upgrades to Boost Community Development in Zambia Konkola Copper Mines (KCM) has launched a 15.1-kilometre township road rehabilitation project across Chililabombwe, Chingola, and Shibuyunji districts, valued at US$8.1 million. The initiative, part of KCM’s Corporate Social Responsibility (CSR) program, aims to improve local infrastructure and stimulate economic growth. Of the 15.1 km to be rehabilitated, 3.9 km will be in Chililabombwe, 4.4 km in Chingola, and 7.1 km in Shibuyunji. Key roads include Chililabombwe’s Kamenza Way and Konkola Road, Chingola’s 3rd, 4th,… Read More Here
Mopani Copper Mines Introduces Advanced Water Purification System for Miners 6 Mining in Zambia Copper Mine Safety 

Mopani Copper Mines Introduces Advanced Water Purification System for Miners

Constance
Mopani Copper Mines Launches Water Purification System to Provide Safe Drinking Water Underground Mopani Copper Mines Plc has launched the first phase of its Water Purification System, ensuring miners have reliable access to clean, safe drinking water underground. The system features PXD glass medium filters, water tanks, and automated chlorinators for effective purification. Water flows through a 1,000-litre tank, passes through the filters, and is stored in a 10,000-litre tank for optimal treatment and storage. “This water is treated first at our main treatment plant and then further purified through… Read More Here
Sunion Investments Sets Benchmark in Copper Processing Compliance in Zambia 7 Mining in Zambia Copper 

Sunion Investments Sets Benchmark in Copper Processing Compliance in Zambia

Constance
Zambia’s Sunion Investments Sets Industry Benchmark with High Compliance in Copper Processing The Ministry of Mines and Minerals Development has commended Sunion Investments Limited for upholding exceptional standards of compliance at its copper processing plant in Kasempa, North-Western Province. Permanent Secretary Dr. Hapenga Kabeta, leading a delegation of officials from the Cabinet Office and Provincial Administration, conducted a thorough inspection of the facility to evaluate adherence to health, safety, and environmental regulations. The plant was found to consistently meet industry standards. Inspectors highlighted proper use of Personal Protective Equipment (PPE)… Read More Here
Kansanshi Mine to Double Processing Capacity with New S3 Plant Expansion 8 Mining in Zambia Copper Corporate News 

Kansanshi Mine to Double Processing Capacity with New S3 Plant Expansion

Constance
Zambia’s Kansanshi Mine to Boost Ore Processing to 53 Million Tons Annually with S3 Plant KANSANSHI Mine Plc is set to double its ore processing capacity from the current 27–28 million tons to approximately 53 million tons annually, following the completion of its S3 plant expansion. Operations Superintendent Patricia Mankubwa said the upgrade will enable the facility to process an additional 25 million tons of ore per year, describing the development as a milestone for the future of mining and Kansanshi’s long-term operations. The project includes four major expansions, notably… Read More Here
President Hichilema Inaugurates $1.25 Billion Kansanshi Mine Expansion, Securing Zambia’s Copper Growth 9 Mining in Zambia Copper Corporate News Economy New Mining Projects 

President Hichilema Inaugurates $1.25 Billion Kansanshi Mine Expansion, Securing Zambia’s Copper Growth

Constance
Zambia Secures $1.25 Billion Mining Boost as President Hichilema Commissions Kansanshi S3 Expansion President Hakainde Hichilema officially commissioned the $1.25 billion Kansanshi S3 Expansion by First Quantum Minerals (FQM), a landmark investment set to transform Zambia’s mining sector, extend the life of Africa’s largest copper mine, and power economic growth for decades to come this week. The S3 Expansion will prolong the operation of Kansanshi Mine into the 2040s while significantly boosting copper output. The project features the opening of a new mining pit known as the South East Dome,… Read More Here
Glencore Seeks $13.5B Investment Boost for Argentine Copper Projects Under New Incentive Regime 10 Corporate News Copper International 

Glencore Seeks $13.5B Investment Boost for Argentine Copper Projects Under New Incentive Regime

Constance
Glencore Applies for Argentina’s RIGI Program to Advance $13.5 Billion El Pachón and Agua Rica Copper Projects Commodities giant Glencore has submitted applications to include two of its flagship copper projects in Argentina—El Pachón and Agua Rica—under President Javier Milei’s new Incentive Regime for Large Investments (RIGI). If approved, the projects could unlock $13.5 billion in development spending over the next decade. The Switzerland-based miner confirmed Monday that it has applied for both projects, which it owns outright. Planned capital investment includes $9.5 billion for El Pachón (Phase 1) and… Read More Here

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