Corporate News - Copperbelt Katanga Mining

Jubilee Metals Secures $1.5m Investment to Accelerate Zambia Copper Expansion

May 29, 2026May 29, 2026 Constance

Jubilee Metals Advances Molefe Copper Growth Strategy with New Funding Investment Zambia-focused integrated copper producer and resource developer Jubilee Metals, listed on both the AIM and AltX, has secured a $1.5 million unsecured convertible loan note to accelerate development across the greater Molefe region. The investment comes from an undisclosed backer with a strong track record in copper project development, including involvement in Mantos Copper and its subsequent merger with Capstone Copper. Jubilee Metals said the funding reflects strong investor confidence in its copper exploration and mining strategy in Zambia,… Read More Here

Mining in Zambia Copper Corporate News Exploration

Arc Minerals Resolves All Zambia Legal Disputes to Refocus on Copper Exploration Growth

May 28, 2026May 28, 2026 Constance

Arc Minerals Ends All Zambia Litigation Through Comprehensive Settlement, Clearing Path for Copper Exploration Expansion London-listed Arc Minerals has reached a comprehensive settlement agreement that fully resolves all outstanding legal disputes involving the company and several related entities in Zambia. The agreement brings to a close multiple litigation proceedings that had been ongoing across various Zambian courts and tribunals, allowing the company to focus on advancing its copper exploration and development projects in Zambia and Botswana. Comprehensive settlement agreement reached The settlement was signed between Arc Minerals, Handa Resources, Unico… Read More Here

Mining in Zambia Copper Corporate News

KCM Accelerates Recovery with US$600 Million Investment and Renewed Focus on Safety, Growth, and Copper Production

May 28, 2026May 28, 2026 Constance

Konkola Copper Mines Invests US$600 Million in Revitalization as Leadership Targets 300,000 Tonnes Copper Output by 2031 Konkola Copper Mines Group CEO Deshnee Naidoo has praised employees for their commitment and dedication, expressing confidence in the company’s recovery and long-term growth strategy during a Town Hall Meeting held at the Mine Club. The meeting focused on reinforcing safety standards, improving operational performance, and updating employees on the company’s ongoing transformation and revitalization agenda. Leadership emphasizes safety and accountability Addressing employees, Ms. Naidoo stressed the importance of teamwork, accountability, and continuous… Read More Here

International Battery Metals Corporate News Lithium New Mining Projects

Andrada Mining Advances Namibia Expansion with New Funding and Strong Lithium Drill Results

May 27, 2026May 27, 2026 Constance

Andrada Mining Secures Namibia Funding for Uis Expansion as Lithium Ridge Drilling Delivers High-Grade Results Aim-listed Andrada Mining has secured conditional strategic funding of N$98 million (approximately £4.4 million) to support expansion and operational upgrades at its Uis tin mine in Namibia, while also reporting encouraging drilling results from its Lithium Ridge project. The funding package will be provided through 10-year loan facilities arranged by Namibian institutions Bank Windhoek and Development Bank of Namibia. The financing, allocated to Andrada subsidiary Uis Tin Mining Company (UTMC), consists of two equal tranches… Read More Here

Mining in DRC Cobalt Copper Corporate News

Jinchuan Probe Flags Suspected Financial Misconduct at Congo Mining Unit

May 27, 2026May 27, 2026 Constance

Jinchuan Investigates Alleged $145 Million Irregular Payments at DRC’s Copper-Cobalt Mine Jinchuan Group International Resources Co says an independent investigation has identified approximately $145 million in suspected irregular payments linked to its copper and cobalt operations in the Democratic Republic of Congo. The investigation focused on Ruashi Mine, where the company said former local employees may have exploited weak procurement and payment controls between 2019 and 2024 through questionable supplier transactions, cash payments, and disputed invoices. In a filing released late Friday, Jinchuan said investigators reviewed financial transactions during a… Read More Here

Mining in Zambia Copper Corporate News Economy Taxes

FQM Contributes $3.46 Billion to Zambia’s Economy in 2025

May 25, 2026May 25, 2026 Constance

First Quantum Minerals Reports $3.46 Billion Economic Contribution to Zambia Through Taxes, Jobs and Procurement in 2025 Canadian mining company First Quantum Minerals has reported a total economic contribution of approximately $3.46 billion to Zambia in 2025, according to its latest Tax Transparency and Economic Contributions Report. The report highlights the company’s significant role in the Zambian economy through taxation, employment, procurement, and community investment activities across its mining operations. During the year, First Quantum Minerals employed more than 12,000 people in Zambia and engaged over 11,500 contractors, while also… Read More Here

Copper Corporate News Mining in Zambia

KCM Restarts Chingola “B” Mine After 18-Year Shutdown in Major Zambia Copper Expansion Push

May 23, 2026May 23, 2026 Constance

Konkola Copper Mines Restarts Chingola B Mine After 18 Years as Zambia Targets 3 Million Ton Copper Output by 2031 Konkola Copper Mines (KCM) has resumed mining operations at its Chingola “B” Mine, marking the restart of activity after 18 years of closure. The move forms part of Zambia’s broader strategy to significantly scale up copper production as the country targets more than 3 million tonnes of annual output by 2031. The Chingola B Mine is located within the larger Nchanga mining complex and is expected to play a key… Read More Here

International Corporate News

Trafigura Withdraws Major Copper Volumes from LME as Global Arbitrage Drives US and China Demand

May 23, 2026May 23, 2026 Constance

Trafigura Pulls 51,000 Tons of Copper from LME Warehouses as US–China Price Gap Sparks Record Arbitrage Trade Global commodities trader Trafigura Group has initiated the withdrawal of hundreds of millions of dollars’ worth of copper from London Metal Exchange (LME) warehouses, capitalising on widening price disparities between markets in the United States, China, and Europe. According to market participants familiar with the transactions, Trafigura was the principal party behind orders to remove more than 51,000 tonnes of copper from LME storage facilities across the US and Asia on Friday. The… Read More Here

Mining in DRC Copper Corporate News

KCC Inaugurates One-Stop Shop and Customs Office to Modernise Mining Administration in the DRC

May 23, 2026May 23, 2026 Constance

Kamoto Copper Company Launches One-Stop Customs Facility to Streamline Mining Operations in the Democratic Republic of Congo On 19 May, Kamoto Copper Company (KCC), a joint venture between Glencore, Gécamines, and the Government of the Democratic Republic of Congo, officially inaugurated a new one-stop shop and customs office aimed at modernising and streamlining administrative processes in the country’s mining sector. The launch event brought together government officials, technical institutions, and industry stakeholders, underscoring growing efforts to improve transparency, efficiency, and governance within the Democratic Republic of Congo’s (DRC) mining industry.… Read More Here

Gemstones Corporate News News in Brief

Gemfields Emerald Auction Raises $26.8 Million Amid Cautious Global Market

May 22, 2026May 22, 2026 Constance

Gemfields Generates $26.8 Million from Zambia Emerald Auction Despite Global Economic Uncertainty Johannesburg- and London-listed gemstone miner Gemfields has reported revenue of $26.8 million from its latest auction of higher-quality rough emeralds sourced from the company’s 75%-owned Kagem Mine in Zambia. The auction, held between May 4 and May 21, saw strong participation, with 36 of the 37 lots offered successfully sold. Out of 185,135 carats made available, 183,385 carats were purchased. Gemfields achieved an average realised price of $146.08 per carat during the auction. According to Gemfields Product and… Read More Here