Corporate News - Copperbelt Katanga Mining

Jubilee Metals Accelerates Zambia Copper Growth Strategy as Production Rebounds 1

Jubilee Metals Reports Strong Copper Production Recovery and Advances Zambia Expansion Plans Zambia-focused copper producer Jubilee Metals has continued to advance its copper growth strategy through a structured investment programme designed to support long-term expansion, the company said in its audited results for the year ended June, published on Wednesday. The investment programme focused primarily on Jubilee’s Roan operations and the Molefe mine, including the expansion of Pit 2. While these investments weighed on copper production during the financial year under review, Jubilee reported that they have already delivered a… Read More Here

Corporate News Copper International Mergers & Acquisitions

Glencore Expands Peru Copper Portfolio With Quechua Project Acquisition

December 17, 2025December 17, 2025 Constance

Glencore Acquires Quechua Copper Project in Peru as Copper Deals Surge Amid Supply Concerns Glencore Plc has acquired a Peruvian copper mining project in what marks the country’s third major copper transaction in less than two weeks, as mining companies move aggressively to increase exposure to a metal widely expected to face long-term supply constraints. The Swiss-based commodities group announced on Tuesday that it is purchasing the Quechua copper project in Peru’s Cusco region from Japan’s Pan Pacific Copper Co. for an undisclosed amount. According to the Peruvian government, the… Read More Here

Gold Corporate News International

Mali Restores Loulo-Gounkoto Mine to Barrick Mining After Settlement

December 17, 2025December 17, 2025 Constance

Mali Returns Loulo-Gounkoto Gold Mine to Barrick Mining, Orders Restitution of Three Tons of Gold Mali has restored operational control of the Loulo-Gounkoto gold mine to Barrick Mining and ordered the return of three tons of gold to the company, following the resolution of a dispute that lasted nearly two years. According to Barrick’s legal representative, the restitution process has already been authorized. The physical return of the gold and the formal handover of the mine will be completed once the remaining legal procedures are officially concluded. The gold, which… Read More Here

Mining in DRC Copper Corporate News

DRC Minister of Mines Meets CMOC to Review Production and Expand Investment Plans

December 17, 2025December 17, 2025 Constance

CMOC Reports 700,000 Tonnes of Copper Output and Plans US$8 Billion Investment Expansion in the DRC The Minister of Mines of the Democratic Republic of Congo (DRC), Louis Watum Kabamba, on Tuesday, December 16, 2025, received a delegation from China Molybdenum Company (CMOC), one of the country’s leading mining operators. CMOC is notably active in the DRC through the Tenke Fungurume Mining (TFM) and Kisanfu Mining (KFM) projects. The meeting, held as part of end-of-year courtesy engagements, provided an opportunity for the Chinese mining group to present its annual production… Read More Here

Mining in Zambia Corporate News Drilling Press Release

CUTTING EDGE DRILLING SET TO BOOST FQM SAFETY, PRECISION & EFFICIENCY

December 17, 2025December 17, 2025 Constance

First Quantum is introducing new automated drilling technology at its Sentinel Mine in Kalumbila, marking the first time this advanced system has been used in Zambia. The innovation is expected to help the country move closer to its national goal of producing 3 million tonnes of copper per year, while improving safety and upskilling existing jobs. Three automated drill machines were successfully tested at Sentinel, operated by First Quantum’s subsidiary Trident Mining, in partnership with the supplier, Flanders Inc . Following the positive results, Flanders Inc. has committed to opening… Read More Here

Mining in Zambia Corporate News Mining safety Safety & Health

Kansanshi Mine Trains Zambian Rescue Teams Ahead of 2026 International Competition

December 16, 2025December 16, 2025 Constance

First Quantum’s Kansanshi Mine Prepares Zambian Rescue Teams for 2026 International Mine Rescue Competition First Quantum Minerals’ Kansanshi Mine has hosted a high-level rope rescue and first aid training programme for mine rescue teams from eight major mining operations across Zambia, as part of preparations for the 2026 International Mine Rescue Competition. The two-day training brought together 64 participants from Lubambe, Nchanga, Konkola Copper Mines (KCM), Luanshya, Nampundwe, Chambishi (NFCA), Mufulira and Nkana (both Mopani). The exercise focused on strengthening emergency response capabilities and promoting collaboration across the mining sector.… Read More Here

Mining in Zambia Corporate News Energy

KCM and FNB Partner to Provide Solar Energy Solutions for Employees

December 16, 2025December 16, 2025 Constance

KCM and FNB Sign MOU to Supply Solar Kits to Employees Amid Zambia’s Energy Crisis Konkola Copper Mines (KCM) and First National Bank (FNB) have signed a Memorandum of Understanding (MOU) to provide solar energy kits to KCM employees, in a move aimed at easing the impact of the ongoing national energy crisis on households. Beyond improving access to reliable electricity for employees, the initiative is also designed to empower local technicians and installers by creating opportunities for skills development and small business growth within surrounding communities. Speaking at the… Read More Here

Mining in Zambia Copper Corporate News

FQM Welcomes Zambia’s 2025 Local Content Regulations

December 16, 2025December 16, 2025 Constance

First Quantum Minerals Supports Zambia’s Local Content Rules to Boost Domestic Participation in Mining First Quantum Minerals has welcomed the Minerals Development (Preference for Zambian Goods and Services) Regulations, 2025, recently issued by the Ministry of Mines and Minerals Development, describing the measure as a positive step toward strengthening local participation in Zambia’s mining sector. The company, which has maintained a continuous investment presence in Zambia for nearly three decades, reaffirmed its support for initiatives aimed at expanding opportunities for Zambian businesses throughout the mining value chain. First Quantum emphasized… Read More Here

Mining in Zambia Corporate News Sponsored Content

FQM Expands Skills Development to Address Zambia’s Artisan Shortage

December 16, 2025December 16, 2025 Constance

Zambia’s mining industry is entering one of its most ambitious phases, with government targets set to reach three million tonnes of annual copper production by 2030. Achieving this milestone will require not only investment in new mines but also a steady supply of skilled technicians and artisans capable of operating and maintaining the advanced machinery that defines modern mining. Yet one of the most pressing challenges is the shortage of qualified and competent artisans. At Kansanshi Mining PLC— 80% owned by FQM and 20% owned by ZCCM-IH —the shortage has… Read More Here

International Corporate News Gold

Mali Orders Return of $400 Million Gold Seized From Barrick as Mining Dispute Eases

December 15, 2025December 15, 2025 Constance

Malian Court Orders Return of Seized Gold to Barrick, Signaling Thaw in Mining Dispute A Malian court has ordered the return of three metric tons of gold, valued at approximately $400 million, that were seized nearly a year ago from Barrick Gold’s Loulo-Gounkoto mining complex, according to Reuters. The ruling comes amid efforts by Mali’s military-led government, headed by General Assimi Goïta, to stabilize the country’s economy and project a more investor-friendly image as it pursues a proposed five-year presidential mandate against a backdrop of prolonged political instability. The bullion,… Read More Here