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Category: Copper

DRC Mining Export Prices Decline Across Key Commodities as Global Market Weakens 1 Mining in DRC Copper Gold Nickel Tin 

DRC Mining Export Prices Decline Across Key Commodities as Global Market Weakens

Constance
DRC Mineral Prices June 2026: Gold, Copper, Nickel and Zinc Fall While Tin Rises Slightly The Democratic Republic of Congo (DRC) recorded a broad decline in the international prices of several key mining exports between June 15 and June 20, 2026, according to official price data published by the Ministry of Foreign Trade. The downward trend affected a wide range of strategic commodities, including precious metals and industrial minerals that form a significant part of the country’s export earnings. Precious and base metals under pressure Gold prices declined from $145.75… Read More Here
MMG Kinsevere Urges More Investment as Global Copper Supply Tightens at DRC Mining Week 2 Mining in DRC Copper Corporate News Events & Expos Investment News 

MMG Kinsevere Urges More Investment as Global Copper Supply Tightens at DRC Mining Week

Constance
DRC Mining Week 2026: MMG Kinsevere Warns of Future Copper Supply Deficit and Calls for Increased Investment MMG Kinsevere has called for increased investment in the global copper industry, warning that rising demand driven by the energy transition and rapid urbanization could place significant pressure on supply over the next decade. Speaking during DRC Mining Week in Lubumbashi, Xie Hao, Deputy General Manager for Technology and Operations Assurance at MMG Kinsevere, said the Democratic Republic of Congo is well positioned to play a critical role in meeting future global copper… Read More Here
Vedanta IPO Plans Boost Zambia’s Ambitious Copper Growth Strategy 3 Mining in Zambia Copper Corporate News Investment News 

Vedanta IPO Plans Boost Zambia’s Ambitious Copper Growth Strategy

Constance
Vedanta’s Planned CopperTech IPO Could Accelerate Konkola Expansion, ZCCM Says Zambia’s ZCCM Investment Holdings says Vedanta Resources’ planned initial public offering (IPO) of its copper business could significantly accelerate the development of the $2.7 billion Konkola Deep Mining Project (KDMP), one of the country’s most ambitious copper expansion initiatives. Vedanta is preparing to list CopperTech Metals, a US-domiciled integrated copper and cobalt producer that will hold the group’s mining assets, including its 79% stake in Konkola Copper Mines (KCM). ZCCM Investment Holdings owns the remaining 21% of KCM. The planned… Read More Here
Environmental Audit Finds Cobre Panama Largely Compliant as Debate Over Mine Restart Intensifies 4 International Copper Corporate News 

Environmental Audit Finds Cobre Panama Largely Compliant as Debate Over Mine Restart Intensifies

Constance
Cobre Panama Environmental Audit Finds 88% Compliance, Clearing Key Hurdle for Potential Mine Restart A final environmental audit of First Quantum Minerals’ suspended Cobre Panama mine has found that the project complies with the majority of its environmental obligations, although shortcomings remain in biodiversity management, ecological restoration and environmental monitoring. The audit, commissioned by Panama’s Ministry of Environment and conducted by Société Générale de Surveillance (SGS), reviewed the mine’s legal, fiscal, environmental and operational performance. It assessed compliance with 370 commitments established under the project’s Category III Environmental Impact Assessment… Read More Here
DRC Miners Seek Delay to 5% Employee Equity Rule as Unions Push for Immediate Enforcement 5 Mining in DRC Copper 

DRC Miners Seek Delay to 5% Employee Equity Rule as Unions Push for Immediate Enforcement

Constance
DRC Mining Sector Divided Over 5% Congolese Employee Equity Requirement as Companies Request Delay and Unions Demand Enforcement Mining companies operating in the Democratic Republic of Congo are seeking a delay to a government directive requiring them to allocate a 5% equity stake to Congolese employees, while trade unions are calling for immediate enforcement ahead of a July 31 deadline, according to a document and three industry sources. No company has yet complied with the directive, a union leader said, despite growing government pressure to strengthen local participation in a… Read More Here
Galileo Resources Sells Botswana Copper Subsidiary in Up to $83 Million Deal with Sandfire Unit 6 Copper Corporate News 

Galileo Resources Sells Botswana Copper Subsidiary in Up to $83 Million Deal with Sandfire Unit

Constance
Galileo Resources Agrees to Sell Virgo Subsidiary to Sandfire Unit in Deal Worth Up to $83 Million Based on Copper Discovery Success Copper and battery metals exploration company Galileo Resources has entered into an agreement to sell its wholly owned subsidiary, Virgo Business Solutions, to Metal Exploration Capital, a subsidiary of ASX-listed Sandfire Resources. Virgo Business Solutions holds copper prospecting licences in Botswana. The transaction includes an upfront payment of US$3 million, along with a potential contingent success payment ranging between US$20 million and US$80 million, depending on the quantity… Read More Here
KCM Plans US$317 Million Coal Power Plant to Strengthen Energy Security for Zambia’s Copper Operations 7 Mining in Zambia Coal Copper Corporate News 

KCM Plans US$317 Million Coal Power Plant to Strengthen Energy Security for Zambia’s Copper Operations

Constance
Konkola Copper Mines to Build 300MW US$317 Million Coal Power Plant to Address Zambia’s Electricity Shortages Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, has announced plans to develop a US$317 million coal-fired power plant in Zambia as part of efforts to mitigate persistent electricity shortages affecting mining operations across the country. The proposed facility will have a planned generation capacity of 300 megawatts and is expected to be developed in two phases. According to the company, the project is designed to enhance energy reliability for KCM, one of… Read More Here
Lobito Atlantic Railway Restarts DRC Copper Shipments Following Flood Damage Repairs 8 Copper Mining in DRC Transport and Logistics 

Lobito Atlantic Railway Restarts DRC Copper Shipments Following Flood Damage Repairs

Constance
Lobito Corridor Resumes DRC Copper Exports After Flood Repairs Restore Rail Link Lobito Atlantic Railway (LAR) has received its first copper shipment from the Democratic Republic of Congo since restoring a flood-damaged section of the Lobito Corridor, reopening a critical export route for Central African minerals. The rail link between the Port of Lobito and Huambo had been closed for approximately two months after severe flooding damaged infrastructure along the route. Following emergency repair works, full rail operations have now resumed, according to a statement issued by LAR on June… Read More Here
Jubilee Metals Restarts Copper Deliveries as Molefe Mine Expansion Accelerates Zambia Growth Strategy 9 Mining in Zambia Copper Corporate News 

Jubilee Metals Restarts Copper Deliveries as Molefe Mine Expansion Accelerates Zambia Growth Strategy

Constance
Jubilee Metals Boosts Zambia Copper Output with Restart of Sable Refinery Deliveries from Expanded Molefe Mine Aim-listed Jubilee Metals has resumed run-of-mine (RoM) copper deliveries to its Sable refinery in Zambia, following the restart of processing operations supported by the successful expansion of Molefe mine’s Pit 2. The development forms part of the company’s updated mine plan, which integrates Pits 2 and 3 into a single, larger operational area. According to the company, refining activities at the Sable facility have restarted in parallel with increased mining output, marking a key… Read More Here
Jubilee Metals Resumes Roan Operations, Advances Copper Recovery and Processing Upgrades in Zambia 10 Mining in Zambia Copper Corporate News 

Jubilee Metals Resumes Roan Operations, Advances Copper Recovery and Processing Upgrades in Zambia

Constance
Jubilee Metals Restarts Roan Operations After Maintenance Shutdown as Zambia Copper Output Targets 30,000t Monthly Throughput Jubilee Metals has successfully completed the annual maintenance shutdown at its Roan concentrator operations in Ndola, Zambia, with the plant now restarted at full capacity and targeting a run-of-mine throughput of 30,000 tonnes per month. According to Jubilee CEO Leon Coetzer, June performance will provide a clearer indication of sustainable operating capacity and recovery efficiencies, particularly with the integration of fine copper concentrate now being processed at the company’s Sable refinery in Kabwe. He… Read More Here

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