Corporate News - Copperbelt Katanga Mining

MULTI-MILLION DOLLAR SPENDING PLANS UNVEILED AS FQM REPORTS 2025 COPPER PRODUCTION FIGURES 1

Copper production at First Quantum Minerals’ Kansanshi mine in Solwezi rose by almost 6 percent to 181,000 tonnes last year – the highest production since 2021 – according to preliminary figures from the company release to investors this week. The company also unveiled a multi-million-dollar capital investment programme for its Zambian operations over the next three years, a move expected to benefit local suppliers, contractors and host communities. Kansanshi’s output for 2025 increased by 10,000 tonnes compared with the 171,000 tonnes produced in 2024, boosted by 25,000 tonnes of production… Read More Here

International Corporate News Diamond

Rare 42-Carat Blue Diamond Discovered at South Africa’s Cullinan Mine

January 18, 2026January 18, 2026 Constance

Cullinan Mine Unveils 42-Carat Type IIb Blue Diamond Valued at $40 Million A rare blue diamond weighing 41.82 carats has been discovered at South Africa’s historic Cullinan Mine, reinforcing the site’s reputation for producing some of the world’s most exceptional coloured diamonds. Industry experts estimate the stone could fetch $30–$40 million at auction. Petra Diamonds, which operates the mine approximately 20 miles east of Pretoria, described the find as a “type IIb blue diamond of seemingly exceptional quality in terms of both colour and clarity.” Specialists are still assessing the… Read More Here

International Corporate News Mergers & Acquisitions

Rio Tinto-Glencore Merger Faces Regulatory Hurdles Amid Chinese Oversight

January 18, 2026January 18, 2026 Constance

Proposed Rio Tinto-Glencore Merger May Require Asset Sales to Gain Approval from China The proposed merger between Rio Tinto and Glencore could face regulatory scrutiny from China, potentially requiring the sale of key assets to secure approval from the world’s largest commodity buyer. The deal, if completed, would create one of the largest mining companies globally, with a market value exceeding $200 billion. Analysts say China is likely to scrutinise the merger due to concerns over resource security and market concentration, particularly in copper production and marketing and iron ore… Read More Here

Mining in Zambia Copper Corporate News

KCM Launches “Manja Pamodzi Na 18,000KT” Campaign to Boost Copper Production

January 18, 2026January 18, 2026 Constance

Konkola Copper Mines Launches Campaign to Promote Safe, Collaborative Copper Production in Zambia Konkola Copper Mines (KCM) has launched the “Manja Pamodzi Na 18,000KT” campaign, a company-wide initiative to promote safe, sustainable, and collaborative copper production across all its operations. The campaign was unveiled during the Best Slogan Award Ceremony at KCM’s Corporate Office in Chingola. Director of Mining, Mr Praveen Sharma, noted that the slogan serves as a motivational tool, reinforcing shared responsibility among employees and business partners while inspiring performance. Mr Sharma explained that the campaign aligns with… Read More Here

International Corporate News Gold

Zimbabwe’s Largest Gold Mine Secures $132 Million Investment from Canadian Firm

January 18, 2026January 18, 2026 Constance

Caledonia Mining Invests $132 Million in Zimbabwe’s Bilboes Gold Project to Boost Production Caledonia Mining Corporation, a Canadian miner, has announced plans to invest $132 million in 2026 to advance development of its Bilboes gold project in Zimbabwe, set to become the country’s largest gold mine. The move comes as producers capitalise on record global gold prices. The investment is part of a broader $162.5 million capital expenditure programme for 2026, subject to board approval and funding availability. Caledonia, which currently operates the 80,000-ounce-per-year Blanket Mine, estimates the total cost… Read More Here

Corporate News Copper Mining in DRC

CMOC Targets Double-Digit Copper Growth as Prices Boost Profits

January 18, 2026January 18, 2026 Constance

CMOC Plans Up to 11% Copper Output Growth in 2026 as Record Prices Lift Earnings Major Chinese mining company CMOC Group is targeting double-digit copper production growth in 2026, buoyed by a strong rally in copper prices that significantly lifted profits, while maintaining its cobalt production guidance following record output last year. In a filing to the stock exchange on Thursday, the Henan-based miner said copper production is expected to reach between 760,000 tonnes and 820,000 tonnes in 2026, representing an increase of up to 11 per cent compared with… Read More Here

Mining in Zambia Copper Corporate News News in Brief

KCM Achieves RMAP Conformance at Nkana Refinery

January 18, 2026January 18, 2026 Constance

KCM’s Nkana Refinery Earns RMAP Conformance, Strengthening Zambia’s Responsible Copper Supply Konkola Copper Mines (KCM) has recorded a major milestone in its drive for operational excellence and global market competitiveness following the successful completion of the Responsible Mineral Assurance Process (RMAP) assessment at the Nkana Copper Refinery. The assessment, conducted from 29 to 30 September 2025, was completed with no corrective actions required, according to the initial draft report. This marks a significant improvement from the 2023 audit, which resulted in the loss of the refinery’s London Metal Exchange (LME)… Read More Here

Mining in DRC Copper Corporate News Drilling Tin

Rome Resources Advances Post-MRE Drilling at Bisie North Project in DRC

January 18, 2026January 18, 2026 Constance

Rome Resources Continues Drilling at Bisie North as Tin and Copper Mineralisation Extends at Depth AIM-listed Rome Resources has reported that two drill rigs are currently operating at its Bisie North Project in the Democratic Republic of Congo (DRC), as the company advances its post-maiden mineral resource estimate (MRE) drilling programme. One rig is operating at the Mont Agoma prospect, while the second is active at the Kalayi prospect, in line with the drilling programme announced on 23 December 2025. The company’s maiden MRE confirmed that both prospects form part… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions Zinc

Shuka Minerals Completes Acquisition of Kabwe Zinc Mine in Zambia

January 18, 2026January 18, 2026 Constance

Shuka Minerals Acquires Kabwe Zinc Mine, Securing One of the World’s Highest-Grade Zinc Assets AIM- and AltX-listed Shuka Minerals has completed the acquisition of Leopard Exploration and Mining (LEM) and the historic Kabwe Zinc Mine in Zambia, concluding a lengthy acquisition process. With the transaction finalised, Shuka has secured ownership of one of the world’s richest and most significant zinc deposits, with ore grades reaching up to 43 per cent zinc. The Kabwe Mine has a long operational history, with more than 14 million tonnes of ore extracted since commercial… Read More Here

International Copper Corporate News

FQM Backs Panama Plan to Process Stockpiled Ore at Cobre Panama Mine

January 18, 2026January 18, 2026 Constance

First Quantum Welcomes Panama Move to Allow Stockpile Processing at Cobre Panama Copper Mine Canadian miner First Quantum Minerals has welcomed a proposal by Panama President José Raúl Mulino to allow the removal and processing of stockpiled ore at the company’s shuttered Cobre Panama copper mine, one of the largest open-pit copper operations in the world. In a statement issued on Thursday, First Quantum said that processing the existing ore stockpiles would help mitigate environmental and operational risks, particularly those associated with acid rock drainage, while ensuring a steady supply… Read More Here