Corporate News - Copperbelt Katanga Mining

Essar Group and IRH Seal US$500 Million Energy Trading and Crude Supply Facility for UK Refinery Operations

June 18, 2026June 18, 2026 Constance0 comment

Essar Energy Transition Fuels and IRH Sign US$500 Million Deal to Strengthen Crude Supply Security and Trading Flexibility International Resources Holding (IRH) and the Essar Group have announced the successful execution of a US$500 million crude sourcing and refined products supply facility between Essar Energy Transition Fuels and IRH Global Trading. The agreement is designed to enhance feedstock security and improve trading flexibility for Essar Energy Transition Fuels, while also optimizing its working capital structure. It will allow the company to diversify crude sourcing and product marketing options in response… Read More Here

Mining in DRC Corporate News New Mining Projects Tin

Rome Resources Begins Tin Mining Programme at Kalayi Project in DRC to Support Licence Conversion

June 16, 2026June 16, 2026 Constance0 comment

Rome Resources Launches Tin Mining Programme at Kalayi Project in DRC to Advance Mining Licence Conversion Aim-listed Rome Resources has launched a small-scale tin mining programme at its Kalayi project in the Democratic Republic of Congo (DRC). The initiative is intended to meet key regulatory requirements necessary for converting the company’s small-scale exploration permit into a full mining licence. The company expects that achieving this milestone will facilitate its planned increase in ownership of the PEPM 13274 licence, as previously announced in April. This step is also anticipated to strengthen… Read More Here

Mining in Zambia Corporate News New Mining Projects Zinc

Shuka Minerals Intersects High-Grade Zinc Mineralisation at Kabwe Mine in Zambia

June 11, 2026June 11, 2026 Constance0 comment

Shuka Minerals Reports Up to 29.58% Zinc in New Kabwe Drill Results as Expansion Drilling Continues Aim-listed Shuka Minerals has announced the successful completion of its third diamond drill hole, KBDD03, at the Number 2 orebody of its Kabwe zinc mine in Zambia, delivering further high-grade zinc intercepts as part of its ongoing exploration programme. The third drill hole was designed to test the orebody approximately 30 metres east of the KBDD01 intersection at a depth of about 250 metres. It was drilled at an inclination of 65° on a… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Restarts Copper Deliveries as Molefe Mine Expansion Accelerates Zambia Growth Strategy

June 11, 2026June 11, 2026 Constance0 comment

Jubilee Metals Boosts Zambia Copper Output with Restart of Sable Refinery Deliveries from Expanded Molefe Mine Aim-listed Jubilee Metals has resumed run-of-mine (RoM) copper deliveries to its Sable refinery in Zambia, following the restart of processing operations supported by the successful expansion of Molefe mine’s Pit 2. The development forms part of the company’s updated mine plan, which integrates Pits 2 and 3 into a single, larger operational area. According to the company, refining activities at the Sable facility have restarted in parallel with increased mining output, marking a key… Read More Here

Mining in DRC Corporate News Mergers & Acquisitions

Copper Intelligence Expands DRC Copperbelt Footprint with Kasenga PR9 Acquisition

June 10, 2026June 10, 2026 Constance0 comment

Copper Intelligence Acquires Kasenga PR9 in DRC, Boosting Kitungu Copper Project Expansion Potential Mineral exploration company Copper Intelligence has acquired the Kasenga PR9 concession in the Democratic Republic of Congo (DRC), strengthening its presence in the Copperbelt region and expanding the potential of its Kitungu copper project. The newly acquired license covers nine exploration blocks across 758 hectares and is located directly east of the company’s existing Kisungu–Kitungu project area. Previous drilling in the region indicates that copper mineralization remains open along strike, suggesting further exploration upside. The Kitungu project… Read More Here

Mining in DRC Corporate News Mining Personality

Godard Motemona Appointed Director General of Congo’s Mining Fund for Future Generations (FOMIN)

June 8, 2026June 8, 2026 Constance0 comment

DRC Appoints Godard Motemona as New Director General of FOMIN to Oversee Mining Wealth for Future Generations Godard Motemona has been appointed Director General of the Mining Fund for Future Generations (FOMIN), replacing Faustin Biringanine, according to a presidential order read on national television on Wednesday, June 3, 2026. He assumes leadership of the strategic public institution responsible for safeguarding a portion of mining revenues to ensure long-term benefits for future generations in the Democratic Republic of Congo. Prior to this appointment, Motemona served as Vice Minister of Mines in… Read More Here

International Corporate News Mining Personality

Codelco Appoints Jorge Gómez as New CEO Amid Production Scandal and Leadership Shake-Up in Chile

June 5, 2026June 6, 2026 Constance0 comment

Chile’s Codelco Names Jorge Gómez CEO as State Copper Giant Seeks Stability After Production Reporting Scandal Chile’s state-owned copper producer Codelco has appointed Jorge Gómez as its new chief executive officer as the company continues to navigate the fallout from a scandal involving inflated production figures. In an official statement, Codelco confirmed that Gómez will assume the role on July 13, succeeding current CEO Rubén Alvarado. The appointment follows earlier reporting by Reuters, which cited sources familiar with the decision. Gómez joins Codelco after serving since 2012 as head of… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Resumes Roan Operations, Advances Copper Recovery and Processing Upgrades in Zambia

June 5, 2026June 5, 2026 Constance0 comment

Jubilee Metals Restarts Roan Operations After Maintenance Shutdown as Zambia Copper Output Targets 30,000t Monthly Throughput Jubilee Metals has successfully completed the annual maintenance shutdown at its Roan concentrator operations in Ndola, Zambia, with the plant now restarted at full capacity and targeting a run-of-mine throughput of 30,000 tonnes per month. According to Jubilee CEO Leon Coetzer, June performance will provide a clearer indication of sustainable operating capacity and recovery efficiencies, particularly with the integration of fine copper concentrate now being processed at the company’s Sable refinery in Kabwe. He… Read More Here

Mining in DRC Copper Corporate News

Tenke Fungurume Mine Moves to Restore Operations After Brief Strike Disruption in DRC

June 5, 2026June 5, 2026 Constance0 comment

DRC’s Tenke Fungurume Mine Ends Strike, CMOC Warns of Dismissals and Offers Bonuses to Non-Striking Workers The Democratic Republic of Congo’s largest copper mine, Tenke Fungurume Mining (TFM), has warned it will dismiss employees who refuse to end strike action that briefly disrupted production this week, while offering financial incentives to workers who did not participate. The strike began on June 1 at the vast operation, which is operated by China’s CMOC Group Ltd. TFM is one of the world’s largest copper-producing sites, with output reaching approximately 519,000 tons in… Read More Here

Mining in Zambia Copper Corporate News

Mopani Copper Mines Reaffirms Domestic Processing Strategy as Zambia Grants Copper Export Quotas

June 5, 2026June 5, 2026 Constance0 comment

Zambia Waives Copper Export Duty as Mopani and Miners Retain Concentrate for Domestic Processing The Zambian subsidiary of Abu Dhabi–based International Resources Holding (IRH) does not intend to export copper concentrate despite receiving one of the largest allocations under a government export waiver. Mopani Copper Mines stated that its position remains unchanged since July, when the first exemptions were introduced. At that time, the company confirmed it had “no plan to export any part” of its allocated quota, instead prioritizing its own processing operations in line with a long-term strategy… Read More Here