International - Copperbelt Katanga Mining

Chile Forecasts Stable Copper Production in 2026, Says Sonami

January 13, 2026January 13, 2026 Constance

Chile Copper Output Expected at Up to 5.7 Million Tons in 2026 as Prices Forecast at $4.50 per Pound Chile’s copper production is projected to range between 5.5 million and 5.7 million metric tons in 2026, according to the country’s national mining association, Sonami. The association, which represents Chile’s mining companies, also forecast an average copper price of $4.50 per pound for the year. The outlook reflects expectations of steady global demand and continued operational stability across the sector. Chile remains the world’s largest copper producer, with the metal playing… Read More Here

Gold Economy International

Gold Set for $4,800 per Ounce in 2026 as Bullish Momentum Continues

January 11, 2026January 11, 2026 Constance

Morgan Stanley Forecasts Gold Price Surge to $4,800 Amid Safe-Haven Demand and Rate Cuts After a record-breaking 2025, gold continues to drive bullish sentiment across global financial markets. In a note published on January 5, 2026, Morgan Stanley projected that gold could reach $4,800 per ounce by the fourth quarter of 2026, citing a supportive monetary environment and sustained demand for safe-haven assets. The American bank highlighted several key drivers behind the forecast: potential interest rate cuts, possible changes in leadership at the US Federal Reserve, and continued accumulation of… Read More Here

Diamond Corporate News International

De Beers Draws Global Interest as Anglo American Moves to Sell Stake

January 11, 2026January 11, 2026 Constance

De Beers Attracts Interest from African Governments and Investors as Anglo American Plans Exit De Beers has attracted interest from multiple business groups and African governments as its parent company, Anglo American, prepares to divest its majority stake in the diamond producer, according to De Beers Chief Executive Officer Al Cook. Cook said that several major diamond-producing nations, including Botswana, Angola and Namibia, have expressed interest in acquiring equity in De Beers, alongside a number of business-led investor groups. He declined to comment on the status of discussions or identify… Read More Here

International Copper Technology & Innovation

AI and Defence Set to Drive Global Copper Demand 50% Higher by 2040

January 11, 2026January 11, 2026 Constance

Global Copper Demand Set to Rise 50% by 2040 as AI and Defence Growth Outpaces Supply Rapid growth in artificial intelligence and defence industries is expected to push global copper demand up by 50% by 2040, while supply is projected to fall short by more than 10 million metric tons per year without significant expansion in mining and recycling, according to a new report by S&P Global. Copper remains a critical industrial metal due to its high electrical conductivity, corrosion resistance and ease of fabrication. It is widely used across… Read More Here

International Corporate News

Glencore–Rio Tinto Buyout Talks Signal Potential Mega-Merger in Global Mining

January 11, 2026January 11, 2026 Constance

Glencore and Rio Tinto in Early Buyout Talks That Could Create World’s Largest Mining Company Glencore and Rio Tinto have confirmed they are engaged in early-stage buyout discussions that could lead to the creation of the world’s largest mining company, with a combined market value of nearly US$207 billion. The talks come as global mining companies race to scale up their exposure to critical metals such as copper, which is expected to see surging demand driven by the global energy transition and the rapid expansion of artificial intelligence and data… Read More Here

International Economy Gold

Gold Prices Rally as Geopolitical Tensions Rise After Venezuela Leadership Crisis

January 7, 2026January 7, 2026 Constance

Gold Surges on Safe-Haven Demand Following Venezuela Leadership Captured by U.S. Gold prices advanced sharply on Monday as investors sought safe-haven assets amid heightened geopolitical tensions following the United States’ capture of Venezuelan President Nicolás Maduro over the weekend. Spot gold climbed to a one-week high near $4,455 per ounce, approaching the record levels seen at the end of 2025, while U.S. gold futures also strengthened.The Economic Times Investors increased allocations to gold and other precious metals after the weekend’s events in Venezuela triggered concerns about regional instability and broader… Read More Here

International Copper Corporate News Gold

Zijin Mining Projects Double-Digit Growth in Gold and Copper Production for 2026

January 3, 2026January 3, 2026 Constance

Zijin Mining Targets Record Gold and Copper Output Amid Surging Commodity Prices Zijin Mining Group Co., China’s largest mining company, has announced plans for double-digit growth in gold and copper production in 2026, following a year of record profits driven by soaring commodity prices and expanded operations. The company reported that estimated net income for 2025 surged as much as 62% to 52 billion yuan ($7.4 billion), fueled by all-time high prices for copper, gold, and silver. The preliminary earnings were released late Tuesday. Looking ahead, Zijin Mining aims to… Read More Here

Transport and Logistics International

AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway

January 3, 2026January 3, 2026 Constance

AFC Signs $753 Million Financing Deal to Advance Lobito Atlantic Railway Corridor in Angola Africa Finance Corporation (AFC) has announced the signing of key financing agreements for the Lobito Atlantic Railway Project in Angola, marking a major milestone for one of Southern Africa’s most strategic transport corridors. AFC, working alongside Eaglestone, acted as Co-Financial Adviser to Lobito Atlantic Railway S.A. (LAR), the concessionaire responsible for rehabilitating, upgrading, and operating the 1,300-kilometre railway line connecting the Port of Lobito on Angola’s Atlantic coast to the border with the Democratic Republic of… Read More Here

International Copper Corporate News

MMG Approves Major Khoemacau Copper Mine Expansion in Botswana

January 2, 2026January 2, 2026 Constance

MMG Greenlights $900 Million Khoemacau Copper Expansion to Boost Production and Cut Costs MMG Limited has announced that its Board of Directors has approved the feasibility study and committed to the construction of a major expansion at the Khoemacau Copper Mine in Botswana. The project is designed to increase the mine’s annual production capacity to 130,000 tonnes of copper in concentrate, with associated silver output expected to exceed 4 million ounces. The expansion involves extending mining operations to the Zone 5 North, Mango, and Zeta North-East deposits, as well as… Read More Here

Gold International New Mining Projects

Ethiopia Secures $340 Million Financing to Launch Landmark Tulu Kapi Gold Mine

January 2, 2026January 2, 2026 Constance

Ethiopia Mining Sector: $340 Million Secured to Develop Tulu Kapi, the Country’s Largest Modern Gold Project Ethiopia has taken a decisive step toward transforming itself from a marginal gold producer into a significant player in Africa’s mining industry after securing approximately $340 million in financing to develop the long-delayed Tulu Kapi gold project, the country’s largest modern mining venture. The financing milestone clears the way for construction to begin on one of Ethiopia’s most important gold mines. The funding package comprises around $240 million in long-term debt from African development… Read More Here