Glencore Reports Strong Copper Output Growth as Marketing Division Eyes Top-End Earnings 1 Corporate News Copper 

Glencore Reports Strong Copper Output Growth as Marketing Division Eyes Top-End Earnings

Glencore Q1 Copper Production Jumps 19% on African Output Gains, Marketing Unit Set to Beat Earnings Guidance Glencore reported a 19% increase in copper production for the first quarter, supported by improved ore grades at its African operations and higher output from its Antamina mine in Peru. The Swiss-based commodities trader and mining group produced 199,600 tonnes of copper during the quarter, up from 167,900 tonnes in the same period last year. While copper production strengthened, cobalt output declined sharply by 39%. The company attributed this drop to a strategic… Read More Here
DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets 2 Mining in DRC Cobalt Copper Economy Gold Tin 

DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets

DRC Mineral Prices Show Upward Trend: Gold, Copper, Tin and Germanium Rise While Cobalt Holds Steady Market data for mineral products exported from the Democratic Republic of Congo (DRC) for the period April 27 to May 2, 2026 shows an overall upward trend on international markets, driven by gains in several strategic metals. Precious and industrial metals recorded notable increases. Gold rose from $153.87 to $155.28 per gram, while copper increased from $12,836.10 to $13,177.50 per ton. Aluminum ingots also posted gains, climbing from $1,690.63 to $1,718.98 per ton. Other… Read More Here
KoBold Metals Launches Construction of Zambia’s Largest Copper Mine 3 Mining in Zambia Copper Investment News New Mining Projects 

KoBold Metals Launches Construction of Zambia’s Largest Copper Mine

KoBold Metals Breaks Ground on $2.3 Billion Mingomba Copper Mine in Zambia, Boosting Output Ambitions KoBold Metals, a U.S.-based exploration company backed by investors including Bill Gates and Sam Altman, has officially begun construction of the Mingomba copper mine in Zambia, marking one of the largest mining investments in the country’s history. The project, valued at more than $2.3 billion, is expected to become Zambia’s largest copper mine. Once fully operational, Mingomba is projected to produce over 300,000 tonnes of copper per year, placing it among the top producers on… Read More Here
First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast 4 Corporate News Copper 

First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast

First Quantum Q1 2026 Loss Widens on Rising Costs and Lower Output, but Copper Production Outlook Raised First Quantum Minerals reported a significantly wider loss for the first quarter of 2026, as increased operating costs and weaker copper production weighed on financial performance, despite an improved full-year output forecast. The company posted a net loss attributable to shareholders of $196 million, compared with a $23 million loss in the same period last year. Adjusted loss for the quarter came in at $147 million, or $0.18 per share. Operational challenges were… Read More Here
Anglo American Reports Modest Copper Growth While Advancing Strategic Restructuring 5 Copper Corporate News International 

Anglo American Reports Modest Copper Growth While Advancing Strategic Restructuring

Anglo American Q1 Copper Output Rises 1% as Company Pushes Asset Sales and Maintains 2026 Production Outlook Anglo American reported a 1% year-on-year increase in copper production for the first quarter, supported by improved output at its Chilean operations, including Los Bronces Mine and Collahuasi Mine. The company also reaffirmed its full-year production guidance. The miner, which has agreed to merge with Teck Resources, is moving forward with plans to streamline its portfolio. This includes divesting non-core assets such as its coal operations and its diamond business, De Beers. Chief… Read More Here
DRC and Zambia Emerge as Key Drivers of Global Copper Supply Amid Surging Demand 6 Mining in Zambia Copper Economy 

DRC and Zambia Emerge as Key Drivers of Global Copper Supply Amid Surging Demand

DRC and Zambia Strengthen Global Copper Position as Rising Demand Reshapes Energy and Mining Markets The Democratic Republic of the Congo (DRC) and Zambia are reinforcing Africa’s strategic role in the global copper industry as rising demand for the metal reshapes the minerals and energy economy. According to a report by Visual Capitalist, the DRC ranks among the world’s top four countries in terms of copper reserves, making it the largest holder of copper resources in Africa. The country is also expanding its industrial footprint through new partnerships, including agreements… Read More Here
$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola 7 Mining in Zambia Copper Investment News Transport and Logistics 

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper Mines to Angola Port The Africa Finance Corporation (AFC) and the African Development Bank (AfDB) have each committed $500 million toward the development of the Lobito Corridor railway project, a strategic infrastructure link designed to connect Zambia’s copper-rich regions to global markets through the Angolan port of Lobito. In addition, Italy will contribute approximately $320 million to the project, according to AFC Executive Director and Chief Investment Officer Sameh Shenouda, who made the announcement at… Read More Here
Luanshya Copper Mine Set to Restart Production After Two Decades of Rehabilitation 8 Mining in Zambia Copper Corporate News 

Luanshya Copper Mine Set to Restart Production After Two Decades of Rehabilitation

Zambia’s Luanshya Copper Mine to Resume Operations in August 2026 Following Major Dewatering and $710M Shaft Redevelopment Luanshya Copper Mine is scheduled to resume production in August 2026 after more than two decades of inactivity, marking a significant milestone in Zambia’s efforts to expand copper output and revitalize legacy mining assets. The mine is majority owned by China Nonferrous Mining Corporation (CNMC), which acquired the operation in 2009 and holds an 80 percent stake. Zambia’s state mining investment company, ZCCM Investments Holdings (ZCCM-IH), retains the remaining 20 percent share. Before… Read More Here
BHP Expands Copper Exploration in Zambia Amid Rising Global Demand 9 Mining in Zambia Copper Exploration Investment News 

BHP Expands Copper Exploration in Zambia Amid Rising Global Demand

BHP Expands Copper Exploration in Zambia as Global Demand for Critical Minerals Surges Global mining giant BHP is increasing its exploration efforts in Zambia as part of a broader regional campaign to identify large-scale copper deposits, highlighting renewed international interest in the country’s mineral potential. Zambia, Africa’s second-largest copper producer after the Democratic Republic of Congo, is seeking to significantly expand its copper output over the coming decade and is actively encouraging foreign investment to unlock underexplored resources. BHP’s renewed engagement marks a strategic shift after the company reduced its… Read More Here
Copper Leads Weekly Surge in Global Commodity Prices as DRC Mining Products Show Mixed Trends 10 Copper Economy Mining in DRC 

Copper Leads Weekly Surge in Global Commodity Prices as DRC Mining Products Show Mixed Trends

Copper Prices Rise to $12,836/Ton as DRC Mining Commodities Record Mixed Market Performance (April 20–25) Copper maintained its upward trajectory on international markets during the week of April 20–25, extending a steady rally observed in recent weeks. According to projections from the National Market Commission under the Ministry of Foreign Trade of the Democratic Republic of Congo (DRC), copper is expected to trade at $12,836 per ton, up from $12,148 the previous week, marking an increase of $688 per ton. Broad-Based Movement Across Key Minerals The positive momentum is not… Read More Here

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