Corporate News - Copperbelt Katanga Mining

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

Mining in Zambia Copper Corporate News Press Release

Zambia to Host 2026 International Mine Rescue Competition

March 7, 2026March 7, 2026 Constance

Solwezi, Zambia – Kansanshi Mining PLC and Mopani Copper Mines will co-host the 2026 International Mine Rescue Competition (IMRC), a prestigious global safety event expected to gather mine rescue teams from over ten countries worldwide. Among the countries are Australia, Colombia, the USA, China, Ivory Coast, among others. This will be the first time the international competition is held on the African continent, establishing Zambia as a global hub for mine safety and emergency preparedness. The competition, anchored by the Zambia Chamber of Mines and its members, will take place… Read More Here

Mining in Zambia Corporate News

French Delegation Explores Investment Opportunities at Kalumbila Multi-Facility Economic Zone

March 5, 2026March 5, 2026 Constance

French Embassy Delegation Visits Kalumbila MFEZ to Explore Investment Opportunities in Zambia’s Mining Supply Chain A high-level delegation from the Embassy of France in Zambia visited the Kalumbila Multi-Facility Economic Zone to explore investment opportunities, highlighting growing international interest in Zambia’s expanding mining and industrial supply chain. The visit was hosted by First Quantum Minerals through its Trident Project, reinforcing the mining company’s commitment to supporting sustainable economic growth in Zambia’s North-Western Province. Spanning more than 5,000 hectares, the Kalumbila Multi-Facility Economic Zone (MFEZ) has been developed as a regional… Read More Here

International Corporate News New Mining Projects

Rio Tinto Lifts Suspension on RBM’s Zulti South Project, Secures Mine Life to 2050

March 4, 2026March 4, 2026 Constance

Rio Tinto Approves R8.5 Billion Zulti South Project to Extend Richards Bay Minerals Mine Life to 2050 Rio Tinto has approved the development of Richards Bay Minerals’ (RBM) Zulti South project, formally lifting the suspension that has been in place since January 2020. The approximately R8.5 billion (US$473 million) investment is designed to extend the operation’s mine life to 2050 and ensure long-term production stability. Richards Bay Minerals currently operates within the Zulti North lease area, which includes a mineral separation plant and smelting facility. As the orebody at Zulti… Read More Here

International Copper Corporate News

Botswana Advances Copper Beneficiation with Planned Khoemacau Refinery Study

February 28, 2026February 28, 2026 Constance

Botswana to Launch Feasibility Study for Copper Refinery Anchored on MMG Khoemacau Expansion Botswana is taking a significant step toward expanding its mineral beneficiation strategy, with Minister of Minerals and Energy Bogolo Kenewendo announcing that MMG Khoemacau, in partnership with key stakeholders and aligned with government policy, will undertake a feasibility study for the potential establishment of a copper refinery in the country. Speaking in Parliament, Kenewendo outlined progress made in copper beneficiation to date and identified downstream processing as the next strategic priority. The proposed refinery or smelter would… Read More Here

Mining in Zambia Copper Corporate News

KCM Charts a New Era of Investment, Modernisation and Growth

February 28, 2026February 28, 2026 Constance

Konkola Copper Mines Invests $600 Million, Creates 2,000 Jobs and Expands Underground Operations to Support Zambia’s Copper Ambitions Konkola Copper Mines (KCM) is entering a decisive new chapter focused on rebuilding, modernising and expanding its operations, as the company accelerates its turnaround strategy following the return of Vedanta Resources. Management has emphasised that KCM is not merely restarting production it is repositioning the business for long-term, sustainable growth anchored in underground development and operational excellence. Since Vedanta’s return, approximately USD 600 million has been invested into the business. The capital… Read More Here

International Cobalt Corporate News

Glencore Secures $115 Million Cobalt Supply for U.S. Stockpile Amid Global Shortages

February 28, 2026February 28, 2026 Constance

Glencore to Supply 2,000 Tons of Cobalt to U.S. National Stockpile as Prices Surge 160% Glencore has reached an agreement to purchase nearly 2,000 metric tons of cobalt valued at approximately $115 million at current market prices from industry veteran Rami Weisfisch, according to sources familiar with the deal. The cobalt, essential for defense and military applications, is expected to be shipped to the United States for inclusion in its planned strategic stockpile. Strategic Context: Reducing Dependence on China The U.S. government under President Donald Trump has been actively pursuing… Read More Here