Corporate News - Copperbelt Katanga Mining

ZAFFICO Shareholders Approve Major Financing and Corporate Name Change 1

ZAFFICO Secures ZMW475m Financing Approval as Shareholders Endorse Corporate Rebrand Shareholders of Zambia Forestry and Forest Industries Corporation Plc have unanimously approved key resolutions authorising significant financing arrangements and a change to the company’s corporate name at an Extraordinary General Meeting (EGM) held on 15 December 2025. The meeting ratified two facility agreements with Indo Zambia Bank and Absa Bank Zambia, both funded through the Bank of Zambia’s Stability and Resilience Facility. The approvals enable the company to access a combined total of ZMW 475 million to support its expansion… Read More Here

Andrada Mining Reports Strong Q3 Performance at Uis Mine Amid Elevated Tin Prices

December 18, 2025December 18, 2025 Constance

Andrada Mining Delivers Operational Gains at Uis Mine as Tin Prices Surge Above $40,000/t Aim-listed Andrada Mining has reported continued operational improvements at its Uis mine in Namibia during the third quarter ended November 30, supported by higher throughput, consistent recoveries, and robust tin production in a favourable pricing environment. The company said performance during the quarter underscored the benefits of its continuous improvement programme (CI2), with sustained progress recorded across key plant throughput and production metrics. Processing rates at Uis increased by 12% year-on-year to 146 tonnes an hour… Read More Here

International Corporate News Equipment & Technology

Caterpillar to Spotlight AI, Autonomy and Future Collaborations at CES 2026

December 18, 2025December 18, 2025 Constance

Caterpillar will launch its next 100 years at CES 2026, the most powerful tech event in the world. The company will be announcing new innovations, partnerships, and investments during the show January 6-9, 2026, in Las Vegas, Nevada, USA. Caterpillar CEO Joe Creed will be a keynote speaker, unveiling the company’s latest developments in AI, machine learning and autonomous functionality. Joe will deliver his keynote at 9:00AM (PT) on Wednesday, January 7, in the Palazzo Ballroom at the Venetian Hotel, 3355 Las Vegas Blvd South. Details on the keynote are… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Accelerates Zambia Copper Growth Strategy as Production Rebounds

December 17, 2025December 17, 2025 Constance

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