Copper - Copperbelt Katanga Mining

Communities Rally for Reopening of Cobre Panama Mine Amid Economic Fallout 1

Thousands of former workers, local residents, and members of supplier companies marched on Sunday in the town of Penonomé, Panama, urging President José Raúl Mulino to initiate dialogue on the potential reopening of the Cobre Panama copper mine, according to El Capital Financiero. The mine, operated by Minera Panamá—a subsidiary of Canada’s First Quantum Minerals (TSX: FM)—was shut down after Panama’s Supreme Court ruled in 2023 that its operating contract was unconstitutional. The decision halted operations at the country’s only large-scale mining project. The ruling followed mounting legal challenges and… Read More Here

Kansanshi Mining Plc Commissions K1.7 Million Solar Power System at Kwambula

June 20, 2025June 20, 2025 Constance

FQM`s Kansanshi Mining Plc has officially commissioned a state-of-the-art 120 kWh solar power system at Kwambula Trades Training Institute, representing a K1.7 million investment. The project ensures a reliable and sustainable energy source for both Kwambula and the Solwezi Trades Training Institute’s administration block, ending their dependency on diesel generators during Zambia’s ongoing power crisis. Speaking on behalf of Kansanshi’s General Manager, Training Manager Charlie Watt emphasised the company’s broader commitment to education in Solwezi. In addition to the solar system, Kansanshi is currently investing over K12 million in infrastructure… Read More Here

International Copper

Signs of Progress Emerge for FQM’s Panama Mine Restart

June 20, 2025June 20, 2025 Constance

First Quantum Minerals is beginning to see promising developments for its shuttered copper mine in Panama, though the country’s president has cautioned that significant hurdles remain before a full restart is possible. The Canadian mining company has started preparing to ship approximately 120,000 metric tons of semi-processed copper that has remained stranded since the mine’s closure in late 2023, according to sources familiar with the situation. In a related move, Franco-Nevada — which holds a supply agreement with the mine — has agreed to suspend its arbitration case against Panama.… Read More Here

Mining in Zambia Copper Economy

ZCCM-IH Projects Over 1,000% Surge in EPS Following Mopani Transaction

June 20, 2025June 20, 2025 Constance

Diversified mining investments and operations company ZCCM Investments Holdings Plc (ZCCM-IH) expects its earnings per share (EPS) for the year ended December 31, 2024, to rise by approximately 1,077% year-on-year. This substantial increase is primarily attributed to the successful completion of the Mopani Copper Mines strategic equity partner (SEP) transaction, which transformed Mopani into a financially sustainable entity. The deal also enabled the settlement of ZK44.72 billion (US$1.71 billion) in debt owed to Glencore/Carlisa. As part of the transaction, ZCCM-IH recorded a one-time gain of ZK35.92 billion (US$1.41 billion) and… Read More Here

Events & Expos Copper

First Quantum Minerals’ Zambian Country Manager Joins African Mining Week (AMW) 2025

June 20, 2025June 20, 2025 Constance

LUSAKA, Zambia, June 20, 2025/APO Group/ — Godwin Beene, Country Manager for Zambia at mining firm First Quantum Minerals, will speak at the upcoming African Mining Week (AMW) conference – Africa’s premier event for the mining sector. During the event, Beene will join a high-level panel discussion titled Zambia: Accelerating Exploration and Development Through License Allocation and Global Partnerships, where he is expected to share insights into the company’s Zambian strategy. Beene’s participation at AMW 2025 comes as Zambia intensifies efforts to attract global investment and scale-up copper production to… Read More Here

Mining in DRC Copper Exploration New Mining Projects

Barrick Mining Sets Sights on DRC Copper as Exploration Begins in Haut Katanga

June 16, 2025June 16, 2025 Constance

Barrick Mining, best known for its gold operations through its Kibali subsidiary in Doko, has begun copper exploration efforts in Haut-Katanga, Democratic Republic of Congo (DRC), signaling a potential expansion into the country’s critical copper sector. For the past two years, Barrick has held exploration permits in the mineral-rich Haut-Katanga province, allowing it to carry out copper prospecting activities. These developments were confirmed by Cyril Mutombo, Barrick’s Country Director, during a press conference held on Thursday, June 12, 2025, at the Karavia Hotel in Lubumbashi, on the sidelines of DRC… Read More Here

International Copper Corporate News

Sinomine Halts Tsumeb Smelter Operations Amid Global Copper Concentrate Shortage

June 15, 2025June 15, 2025 Constance

Sinomine Resource Group announced on Friday that it has temporarily suspended copper smelting operations at its Tsumeb facility in Namibia due to a global shortage of copper concentrate. The shortage comes amid a rapid increase in global smelting capacity, which has outpaced the supply of copper ore. The Tsumeb smelter, one of the few facilities worldwide capable of processing arsenic- and lead-rich copper concentrates, was acquired by Sinomine from Dundee Precious Metals in 2024. With an annual processing capacity of 240,000 metric tons, the plant has previously handled copper concentrate… Read More Here

Mining in DRC Copper Corporate News

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

June 15, 2025June 15, 2025 Constance

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