Copper - Copperbelt Katanga Mining

DRC Intensifies Mineral Beneficiation to Expand Local Value Addition

December 22, 2025December 22, 2025 Constance

Mineral Beneficiation in the Democratic Republic of Congo: Strengthening Value Addition and Industrial Growth The Democratic Republic of Congo (DRC) is strengthening its mineral beneficiation agenda as part of a broader effort to reposition its mining sector around domestic value addition and industrial development. By prioritizing local processing through Special Economic Zones (SEZs), smelters, and refineries, the country is moving away from a historical reliance on raw mineral exports toward a more integrated and higher-value mining economy. At the core of this strategy is the development of industrial zones designed… Read More Here

Copper Mining in Zambia New Mining Projects News in Brief

Kitumba Mine on Track to Commence Copper Production in 2026

December 18, 2025December 18, 2025 Constance

Kitumba Copper Mine to Begin Production by June 2026, Supporting Zambia’s 3 Million Tonne Target Sino-Mine Kitumba Minerals, located in Mumbwa District, Central Province, is scheduled to commence copper production by June 2026. The government has expressed strong support for the project, highlighting the adoption of state-of-the-art technology and the introduction of new skills to Zambians. Deputy Secretary to the Cabinet, Siazongo Siakalenge, stated that once operations begin next year, the mine’s projected annual output of 50,000 metric tonnes of copper will make a significant contribution toward Zambia’s goal of… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Accelerates Zambia Copper Growth Strategy as Production Rebounds

December 17, 2025December 17, 2025 Constance

Jubilee Metals Reports Strong Copper Production Recovery and Advances Zambia Expansion Plans Zambia-focused copper producer Jubilee Metals has continued to advance its copper growth strategy through a structured investment programme designed to support long-term expansion, the company said in its audited results for the year ended June, published on Wednesday. The investment programme focused primarily on Jubilee’s Roan operations and the Molefe mine, including the expansion of Pit 2. While these investments weighed on copper production during the financial year under review, Jubilee reported that they have already delivered a… Read More Here

Corporate News Copper International Mergers & Acquisitions

Glencore Expands Peru Copper Portfolio With Quechua Project Acquisition

December 17, 2025December 17, 2025 Constance

Glencore Acquires Quechua Copper Project in Peru as Copper Deals Surge Amid Supply Concerns Glencore Plc has acquired a Peruvian copper mining project in what marks the country’s third major copper transaction in less than two weeks, as mining companies move aggressively to increase exposure to a metal widely expected to face long-term supply constraints. The Swiss-based commodities group announced on Tuesday that it is purchasing the Quechua copper project in Peru’s Cusco region from Japan’s Pan Pacific Copper Co. for an undisclosed amount. According to the Peruvian government, the… Read More Here

Mining in DRC Copper Corporate News

DRC Minister of Mines Meets CMOC to Review Production and Expand Investment Plans

December 17, 2025December 17, 2025 Constance

CMOC Reports 700,000 Tonnes of Copper Output and Plans US$8 Billion Investment Expansion in the DRC The Minister of Mines of the Democratic Republic of Congo (DRC), Louis Watum Kabamba, on Tuesday, December 16, 2025, received a delegation from China Molybdenum Company (CMOC), one of the country’s leading mining operators. CMOC is notably active in the DRC through the Tenke Fungurume Mining (TFM) and Kisanfu Mining (KFM) projects. The meeting, held as part of end-of-year courtesy engagements, provided an opportunity for the Chinese mining group to present its annual production… Read More Here

Mining in Zambia Copper Corporate News

FQM Welcomes Zambia’s 2025 Local Content Regulations

December 16, 2025December 16, 2025 Constance

First Quantum Minerals Supports Zambia’s Local Content Rules to Boost Domestic Participation in Mining First Quantum Minerals has welcomed the Minerals Development (Preference for Zambian Goods and Services) Regulations, 2025, recently issued by the Ministry of Mines and Minerals Development, describing the measure as a positive step toward strengthening local participation in Zambia’s mining sector. The company, which has maintained a continuous investment presence in Zambia for nearly three decades, reaffirmed its support for initiatives aimed at expanding opportunities for Zambian businesses throughout the mining value chain. First Quantum emphasized… Read More Here

Copper Corporate News International

Glencore Targets Major Copper Production Expansion as Operational Reset Gains Momentum

December 12, 2025December 12, 2025 Constance

Glencore Plans 1.6 Million Tonnes of Copper Output by 2035 Amid Global Supply Tightness Glencore has outlined an ambitious plan to lift its annual copper production to approximately 1.6 million tonnes by 2035, signaling a strategic shift aimed at reversing several years of declining output. Chief executive Gary Nagle told investors in London that the company expects its base copper business to surpass 1 million tonnes per year by the end of 2028, placing Glencore among the world’s top five copper producers. The production push comes as global miners accelerate… Read More Here

Copper Economy Mining in Zambia News in Brief

Zambia’s Copper Industry Records Strong Growth as Production Approaches One Million Tons

December 7, 2025December 7, 2025 Constance

Zambia’s Copper Export Earnings Surge 31% in October 2025 as Output Nears Historic Peak Zambia’s copper sector posted impressive results in October 2025, with export earnings from refined copper rising by 31.2% to K20.8 billion, up from K15.0 billion in September. The sharp monthly increase reflects sustained growth in national copper output as the country moves closer to surpassing one million tons of annual production—a milestone not reached in recent years. This rebound comes amid firm global copper prices and growing international demand, driven by the expansion of renewable energy… Read More Here

International Copper Corporate News

Mercuria Moves to Withdraw $500 Million in Copper Amid Looming Global Shortages

December 7, 2025December 7, 2025 Constance

Mercuria Orders $500M Copper Withdrawal from LME as US Tariff Threat Fuels Global Supply Crunch Mercuria Energy Group Ltd. has ordered roughly $500 million worth of copper for withdrawal from warehouses supervised by the London Metal Exchange (LME), positioning itself ahead of a possible global supply squeeze driven by looming US tariffs. According to people familiar with the matter, Mercuria was the primary party behind requests to withdraw about 50,000 tons of copper from LME depots on Wednesday. The cancellations mark the largest removal of LME copper inventories in more… Read More Here

Mining in DRC Cobalt Copper Corporate News

Mercuria and Gécamines Launch Copper and Cobalt Trading Venture in the DRC

December 6, 2025December 6, 2025 Constance

New Mercuria–Gécamines Joint Venture Aims to Boost Copper and Cobalt Exports from the DRC Mercuria Energy Trading has launched a metals-trading joint venture with Gécamines, the Democratic Republic of Congo’s state-owned mining company, to market copper and cobalt acquired through Gécamines’ equity stakes in local mining projects. According to Kostas Bintas, head of metals at Mercuria Energy Group, the venture could eventually market more than 500,000 tons of copper cathodes per year, in addition to substantial volumes of cobalt. The agreement coincides with recent cooperation between the United States and… Read More Here