Corporate News - Copperbelt Katanga Mining

Jubilee Metals Secures $1.8M Copper Feed Deal in Zambia

March 15, 2026March 16, 2026 Constance

Jubilee Metals Buys High-Grade Copper Ore for Zambia’s Roan Concentrator as Large Waste Project Moves Toward JV Jubilee Metals Group has secured additional high-grade copper feed material for its Roan Concentrator in Zambia in a transaction valued at $1.8 million. The company said the payment will be settled through the issuance of 29.76 million new ordinary shares priced at 4.48 pence per share, representing a 14.3% premium to Jubilee’s closing share price on March 9. Strengthening Copper Processing Operations Chief Executive Officer Leon Coetzer said the company continues to work… Read More Here

Mining in DRC Corporate News Mining safety

Boss Mining Calls on DRC to End Illegal Mining After Deadly Landslide

March 15, 2026March 15, 2026 Constance

Boss Mining Urges DRC Action on Illegal Mining Following Fatal Landslide at Copper Site A unit of Eurasian Resources Group has called on the Democratic Republic of the Congo to take action against illegal mining activities following a deadly landslide at one of the firm’s copper concessions. The incident occurred on March 11, 2026, and “led to fatalities and injuries,” according to a statement issued Thursday by Boss Mining SAS, a copper producer in which ERG holds a 51% stake. The company urged Congolese authorities to restore its “lawful access”… Read More Here

Corporate News Copper International

First Quantum Minerals to Sell Çayeli Copper-Zinc Mine in Türkiye for $340 Million

March 15, 2026March 15, 2026 Constance

First Quantum Minerals Sells Çayeli Mine in Türkiye to Cengiz Holding for $340M to Focus on Core Assets Canadian mining company First Quantum Minerals has agreed to sell its Çayeli Mine in Türkiye to a company controlled by Cengiz Holding as part of a strategy to raise capital and refocus on priority assets. Under a binding agreement, Turkish construction and industrial firm Cengiz Insaat will acquire the underground copper-zinc operation for $340 million in cash, including an advance payment of $50 million, according to a statement released by First Quantum.… Read More Here

Mining in Zambia Copper Corporate News

ZCCM-IH’s Royalty Bet Pays Off as Kansanshi Deal Delivers $110.6 Million

March 13, 2026March 16, 2026 admin

ZCCM-IH Earns $110.6 Million From Kansanshi Mine Royalty After Swapping Dividends for Revenue Share ZCCM Investments Holdings Plc’s decision to swap dividend rights for a revenue-linked royalty at Kansanshi Mining Plc is proving lucrative, with the state-linked investor pocketing $110.6 million between 2022 and 2024. The Lusaka-based company introduced the 3.1% gross revenue royalty in 2021, a move designed to stabilize cash flow from Zambia’s largest copper mine. The payments have continued even as Kansanshi suspended dividends in 2023 and 2024, underscoring how the model shields Zambia from the volatility… Read More Here

Mergers & Acquisitions Corporate News International

Fortescue Acquires Alta Copper to Secure Full Ownership of Cañariaco Project in Peru

March 10, 2026March 10, 2026 Constance

Fortescue Completes Alta Copper Acquisition, Securing 100% of Cañariaco Copper Project Diversified mining company Fortescue has completed its acquisition of Alta Copper, securing full ownership of the Cañariaco Copper Project in northern Peru. The transaction was finalized through a Canadian plan of arrangement, under which Fortescue subsidiary Nascent Exploration acquired all issued and outstanding shares of Alta Copper that were not already owned by the group. Under the terms of the agreement, Alta Copper shareholders received C$1.40 per share in cash, representing a total equity value of approximately C$139 million.… Read More Here

Exploration Corporate News New Mining Projects

Rome Resources Expands Critical Minerals Strategy with New Exploration Projects in Canada

March 10, 2026March 10, 2026 Constance

Rome Resources Signs Option to Acquire Tin and Tungsten Exploration Licences in New Brunswick London-listed Rome Resources, which holds exploration assets in the Democratic Republic of Congo (DRC), has signed an option agreement to acquire working interests in early-stage mineral exploration licences in New Brunswick. The licences are located near the historic Mount Pleasant Mine area and include the Three Lakes and Schoullar Mountain projects. Together, the properties cover more than 109 km² of exploration ground east of Mount Pleasant, a former tungsten, molybdenum, tin, and indium mining project in… Read More Here

Mining in DRC Cobalt Copper Corporate News Mining safety Safety & Health

Tenke Fungurume Mine Accused of Polluting Air and Harming Communities in DR C

March 10, 2026March 10, 2026 Constance

“ Toxic Transition ” Report Links Cobalt Mining in DR Congo to Health Risks for Communities Cobalt and copper extracted in the Democratic Republic of Congo play a critical role in the global energy transition, particularly in the production of batteries for electric vehicles. However, a new report warns that the extraction of these strategic minerals may be causing serious health problems for communities living near major mining operations. The report, titled “Toxic Transition,” was published by the Environmental Investigation Agency (EIA) and the Congolese civil society group PremiCongo. It… Read More Here

Mining in DRC Copper Corporate News New Mining Projects

MMG Eyes New Copper Projects in DRC as Global Expansion Strategy Accelerates

March 8, 2026March 8, 2026 Constance

Chinese Miner MMG Seeks Copper Acquisition Targets in Africa, Including the Democratic Republic of Congo, Amid Rising Global Demand Global mining company MMG Limited is exploring new acquisition opportunities in Africa, with a particular focus on the Democratic Republic of the Congo as it seeks to expand its copper portfolio. The Chinese-owned miner is assessing several potential takeover targets across Africa and Latin America, targeting advanced copper projects that are close to development but not yet in production. The company says it is interested in assets with significant scale that… Read More Here

International Corporate News

Glencore Backs $1.4 Billion Bid for Stake in Eurasian Resources Group

March 7, 2026March 7, 2026 Constance

Glencore Proposes Financing Deal to Support $1.4 Billion Bid for Eurasian Resources Group Stake Mining giant Glencore is considering supporting a $1.4 billion bid by Kazakh entrepreneur Shakhmurat Mutalip to acquire a 40% stake in Eurasian Resources Group (ERG), according to reports citing people familiar with the discussions. Under the proposal, Glencore would provide an upfront pre-payment of about $800 million in exchange for future shipments of ferrochrome, a key raw material used in steel production. The arrangement would help finance Mutalip’s bid while securing long-term supply of the alloying… Read More Here