Corporate News - Copperbelt Katanga Mining

Virtus Minerals Reports 4,000 Jobs and Strong Local Contractor Participation at DRC’s Mutoshi-Étoile Project

October 25, 2026October 25, 2026 Constance0 comment

Virtus Minerals Reports Over 4,000 Jobs and 81 Contractors as Mutoshi-Étoile Project Nears Key Milestones in DRC The redevelopment of the Mutoshi-Étoile copper and cobalt project in the Democratic Republic of Congo is gaining momentum, with operator Virtus Minerals reporting significant progress on construction, employment creation and community development initiatives. During a recent meeting with DRC Minister of Mines Louis Watum Kabamba, company representatives provided an update on the former Chemaf assets, which were acquired by the U.S.-based mining firm earlier this year. The discussions focused on project development, economic… Read More Here

Mining in DRC Copper Corporate News Energy

Kamoa-Kakula Inaugurates 60 MW Solar Power Plant with Battery Storage to Strengthen Sustainable Copper Production

October 25, 2026October 25, 2026 Constance0 comment

Kamoa-Kakula Launches 60 MW Solar and Battery Storage Project, Advancing DRC’s Renewable Energy and Low-Carbon Copper Ambitions KOLWEZI, DRC – Kamoa Copper has officially commissioned a 60 MW solar power project equipped with battery energy storage systems, marking a major milestone in its efforts to secure reliable renewable energy for the Kamoa-Kakula copper complex and reduce the carbon intensity of its operations. The project, developed in partnership with CrossBoundary Energy and Green World Energie, was officially inaugurated on October 16, 2026, during a ceremony attended by senior government officials, energy… Read More Here

International Copper Corporate News

First Quantum Advances US$5.3 Billion Taca Taca Copper Project in Argentina

October 24, 2026October 24, 2026 Constance0 comment

First Quantum Prepares Tax Incentive Application for US$5.3 Billion Taca Taca Copper Project in Argentina First Quantum Minerals (FQM) is moving forward with plans to develop its flagship Taca Taca copper project in Argentina, preparing to apply for the country’s large-scale investment incentive regime before the end of the year as it seeks to unlock one of the world’s largest undeveloped copper deposits. Located in Salta Province near the Chilean border, Taca Taca represents one of the most significant mining investments currently under development in Latin America. The project is… Read More Here

Mining in DRC Cobalt Copper Corporate News

US-Backed Investors Close In on Stake in Glencore’s DRC Mining Assets

October 24, 2026October 24, 2026 Constance0 comment

US-Backed Consortium Moves Closer to Acquiring Stake in Glencore’s DRC Copper-Cobalt Operations A US-backed consortium is nearing the completion of a major investment in Glencore’s copper-cobalt operations in the Democratic Republic of Congo (DRC), a move that could reshape the ownership landscape of some of the world’s most strategically important critical mineral assets. The transaction, which is reported to be in its final stages, involves Orion Critical Minerals Consortium (Orion CMC) acquiring a 40% stake in Glencore’s majority interests in two major mining operations in the DRC. The deal forms… Read More Here

Mining in Zambia Copper Corporate News Economy

FQM’s Kansanshi Expansion Boosts Zambia’s Copper Ambitions as Ore Throughput Tops 27 Million Tonnes

October 24, 2026October 24, 2026 Constance0 comment

FQM’s Kansanshi Mine Set to Process 27 Million Tonnes of Ore in 2026 as S3 Expansion Strengthens Zambia’s Copper Growth Strategy First Quantum Minerals’ (FQM) Kansanshi Mine is expected to process approximately 27 million tonnes of ore in 2026, exceeding its annual design throughput capacity of 25 million tonnes following the successful ramp-up of its US$1.2 billion S3 Expansion Project. The achievement represents a significant milestone for both Kansanshi and Zambia’s mining industry, demonstrating the impact of one of the country’s largest recent mining investments at a time when the… Read More Here

Mining in DRC Corporate News

TFM Clarifies Emergency Evacuation Drill for Communities Located Downstream of Mining Operations

October 17, 2026October 17, 2026 Constance0 comment

Tenke Fungurume Reassures Communities Ahead of Planned Emergency Evacuation Exercise in Lualaba Province Tenke Fungurume Mining (TFM) has issued a clarification regarding an upcoming emergency evacuation exercise planned for communities located downstream of its operations, emphasizing that the initiative is a preparedness and safety measure rather than a response to any ongoing incident. The company said the exercise forms part of its broader emergency preparedness and risk management programme, designed to ensure that surrounding communities, local authorities and response teams remain ready to act effectively in the event of a… Read More Here

Corporate News Copper International

Glencore Secures Key Approval for US$4 Billion MARA Copper Project in Argentina

October 17, 2026October 17, 2026 Constance0 comment

Glencore Advances US$4 Billion MARA Copper Project as Argentina Grants Strategic Investment Approval Glencore has reached a major milestone in its copper growth strategy after securing approval for its MARA (Minera Agua Rica-Alumbrera) project under Argentina’s Large Investment Incentive Regime (RIGI), paving the way for one of Latin America’s largest undeveloped copper projects. The approval provides the long-term fiscal and regulatory certainty required to advance the approximately US$4 billion project and reinforces Argentina’s growing position as a strategic destination for global mining investment. The MARA project combines the vast Agua… Read More Here

Mining in DRC Copper Corporate News

DRC Copper Enters US Strategic Minerals Reserve as Mercuria Delivers First Project Vault Shipment

October 17, 2026October 17, 2026 Constance0 comment

Mercuria Ships 12,000 Tonnes of Congolese Copper to US Strategic Minerals Stockpile Under Project Vault Copper produced in the Democratic Republic of Congo (DRC) has officially entered the United States’ strategic minerals reserve, marking a significant milestone in Washington’s efforts to secure critical raw material supplies and reduce dependence on Chinese-controlled supply chains. Global commodities trader Mercuria confirmed that it delivered 12,000 tonnes of Congolese copper to the US government’s Project Vault initiative during the week of October 12, making it one of the first publicly disclosed copper shipments to… Read More Here

Mining in DRC Corporate News Critical Minerals

Chemaf Backs DRC-US Minerals Partnership as Mutoshi Restart Gains Momentum

October 17, 2026October 17, 2026 Constance0 comment

Chemaf Targets 2027 Mutoshi Production Restart as DRC-US Critical Minerals Partnership Advances Chemaf has welcomed the creation of a new DRC-US strategic minerals task force, describing it as an important step toward strengthening cooperation between the Democratic Republic of Congo and the United States in the development of critical mineral supply chains. The announcement comes as the copper and cobalt producer accelerates efforts to bring its flagship Mutoshi project back into production under its new ownership structure, led by US-based Virtus Minerals in partnership with India’s Lloyds Metals & Energy.… Read More Here

Gemstones Corporate News Mining in Zambia

Gemfields Returns to Strong Profitability as Kagem Emerald Mine Drives Revenue Growth

October 17, 2026October 17, 2026 Constance0 comment

Gemfields Revenue Surges 65% as Kagem Emerald Mine Boosts Production and Auction Performance Gemfields Group Limited delivered a significantly improved operating performance in the first half of 2026, driven by strong gemstone auction results, rising production at Zambia’s Kagem Emerald Mine, and sustained global demand for high-quality coloured gemstones. The gemstone producer, which holds a 75% stake in Kagem, reported revenue of US$106 million for the six months ended June 30, 2026, representing a 65% increase from US$64.2 million recorded during the same period in 2025. The company’s earnings before… Read More Here