Corporate News - Copperbelt Katanga Mining

Luanshya Copper Mine Set to Restart Production After Two Decades of Rehabilitation 1

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

Mining in DRC Corporate News

Ivanhoe Advances Platreef Expansion With Key Shaft and Processing Milestones

April 24, 2026April 25, 2026 Constance

Ivanhoe Mines Marks Major Platreef Milestones as Shaft #3 Completion and Phase 2 Expansion Drive Production Growth in South Africa Canadian mining company Ivanhoe Mines has announced the completion of three significant development milestones at its Platreef Mine project in Limpopo, South Africa, marking important progress toward the mine’s Phase 2 and future Phase 3 expansions. The milestones include: Company officials stated that these developments represent a major step forward in scaling production capacity and preparing the operation for long-term growth. Expanded Hoisting Capacity Strengthens Production Flexibility The completion of… Read More Here

Mining in DRC Corporate News

US-Backed Mining Deal in Congo Faces Scrutiny Over Firm’s Claimed Experience

April 24, 2026April 24, 2026 Constance

Virtus Minerals’ Congo Mining Credentials Questioned After $30M Chemaf Deal in US–DRC Critical Minerals Partnership A U.S. company at the center of Washington’s strategy to secure critical minerals from the Democratic Republic of Congo (DRC) has come under scrutiny after questions emerged about the accuracy of its mining credentials. Virtus Minerals, which acquired Chemaf’s mining assets in March for approximately $30 million from the company’s shareholders, had previously indicated that it possessed operational experience in the DRC through involvement in a copper and cobalt processing facility. However, records and industry… Read More Here

Mining in Zambia Copper Corporate News

Zambia’s Major Copper Smelters Face Extended Shutdowns, Raising Supply Concerns

April 20, 2026April 20, 2026 Constance

Extended Mopani and Chambishi Smelter Maintenance to Tighten Copper Output and Sulphuric Acid Supply in Zambia Two of Zambia’s largest copper smelters and sulphuric acid producers are expected to shut down for extended maintenance later this year, according to industry sources. The planned outages are likely to further constrain copper production and reduce supplies of sulphuric acid, a critical chemical used in processing copper and cobalt. The ongoing conflict involving Iran has already disrupted global supplies of sulphuric acid and other leaching chemicals. As a result, mining companies in neighbouring… Read More Here

Mining in Zambia Corporate News Safety & Health

Kansanshi and Mopani Ready to Host Historic International Mine Rescue Competition

April 16, 2026April 16, 2026 Constance

Zambia Prepares to Host First International Mine Rescue Competition in Africa as Kansanshi and Mopani Finalize Preparations Kansanshi Mining Plc has reached an advanced stage of readiness ahead of the International Mine Rescue Competition (IMRC), positioning itself to successfully co-host the prestigious global safety event alongside Mopani Copper Mines Plc. Extensive preparations have been undertaken to ensure compliance with international standards, with key facilities and competition areas now nearing completion. The high level of preparedness reflects a strong commitment to safety, operational excellence, and Zambia’s growing capacity to host world-class… Read More Here

International Corporate News Oil & Gas

Trafigura Signs $1bn Oil-Backed Financing Deal with Gabon to Boost Liquidity

April 16, 2026April 16, 2026 Constance

Gabon secures $1 billion oil-backed financing from Trafigura in seven-year crude supply deal to strengthen public finances and investment spending Global commodities trader Trafigura has signed a $1 billion oil-backed financing agreement with the government of Gabon, providing upfront liquidity in exchange for future crude oil deliveries over a seven-year period. Announced on Wednesday, the arrangement will see Trafigura extend prepayment financing to the Gabonese state while acting as the exclusive buyer of the country’s “profit oil” the share of crude allocated to the government after production costs are recovered… Read More Here

Mining in DRC Cobalt Copper Corporate News

Ivanhoe Mines Sees Strong Local Demand for Sulphuric Acid in DRC Amid Global Supply Tightness

April 16, 2026April 16, 2026 Constance

Ivanhoe Mines benefits from rising sulphuric acid prices in DRC copper belt as supply disruptions tighten global market Ivanhoe Mines says it has a “captive market” for sulphuric acid in the Democratic Republic of Congo (DRC), as global prices surge amid constrained supply linked to geopolitical disruptions in the Middle East. The Vancouver-based miner recently began commercial sales of sulphuric acid produced as a byproduct of copper smelting at its Kamoa-Kakula operation to other mining companies operating along the DRC’s copper belt. The acid is a key input in copper… Read More Here

International Copper Corporate News Tin

Andrada Mining Reports Strong Tungsten, Copper and Tin Recoveries at Brandberg West

April 14, 2026April 14, 2026 Constance

Andrada Mining Achieves Up to 91% Tungsten Recovery at Namibia’s Brandberg West Project, Signaling Lower-Cost Production Potential Namibia-focused Andrada Mining has reported positive tungsten, copper and tin test results at the Brandberg West Project, demonstrating significant grade improvements, high metal recoveries and substantial mass reduction all of which point to the potential for a lower-cost and more efficient route to production. The initial testwork forms part of a multiphase assessment programme at Brandberg West that includes evaluating tailings and waste material from the historical mine, alongside an exploration drilling campaign.… Read More Here

Mining in DRC Copper Corporate News Zinc

Ivanhoe Mines Reports Strong Copper and Zinc Output as Kamoa-Kakula Expansion Advances

April 14, 2026April 14, 2026 Constance

Ivanhoe Mines Reports Strong Copper and Zinc Output as Kamoa-Kakula Expansion Advances TSX-listed Ivanhoe Mines produced 71,417 tonnes of copper in blister and anode from its Kamoa-Kakula Copper Complex smelter in the Democratic Republic of Congo during the first quarter of the year. The company reported that total output comprised 63,671 tonnes of copper in anode produced by Kamoa-Kakula’s on-site direct-to-blister copper smelter and 7,746 tonnes of copper in blister produced by the Lualaba Copper Smelter in Kolwezi. In addition, Kamoa-Kakula’s on-site smelter generated 117,871 tonnes of high-strength sulphuric acid… Read More Here

International Corporate News Gold Investment News

Trafigura Signs Gold Offtake and Financing Deal with Heath Goldfields to Restart Bogoso–Prestea Mine

April 12, 2026April 12, 2026 Constance

Trafigura Enters Ghana Gold Market with $65M Financing and 700,000 oz Offtake Deal for Bogoso–Prestea Mine Restart Global commodity trading company Trafigura has entered into an offtake and financing agreement with Ghana-owned mining firm Heath Goldfields to support the restart of operations at the Bogoso Prestea gold mine in western Ghana. Under the agreement, Trafigura will purchase approximately 700,000 ounces of gold doré produced at the Bogoso–Prestea processing facility. Deliveries are expected to begin later this year as production ramps up. In addition to the offtake arrangement, Trafigura is providing… Read More Here