News in Brief - Copperbelt Katanga Mining

Trafigura Wins $92 Million Arbitration Award Against Zambia’s ZCCM-IH

May 30, 2026May 30, 2026 Constance0 comment

Zambia’s ZCCM-IH Ordered to Pay $92 Million to Trafigura in Copper Dispute Arbitration A London arbitration tribunal has ordered Zambia’s state-linked investment firm, ZCCM Investments Holdings Plc (ZCCM-IH), to pay approximately $92 million to global commodity trader Trafigura following a long-running dispute involving a prepayment agreement with Konkola Copper Mines. According to a statement released on the Lusaka Securities Exchange, the award includes $69.3 million in principal, $19.7 million in interest, as well as additional arbitration costs and legal fees in favor of Trafigura. ZCCM-IH said it is currently reviewing… Read More Here

Gemstones Corporate News News in Brief

Gemfields Emerald Auction Raises $26.8 Million Amid Cautious Global Market

May 22, 2026May 22, 2026 Constance0 comment

Gemfields Generates $26.8 Million from Zambia Emerald Auction Despite Global Economic Uncertainty Johannesburg- and London-listed gemstone miner Gemfields has reported revenue of $26.8 million from its latest auction of higher-quality rough emeralds sourced from the company’s 75%-owned Kagem Mine in Zambia. The auction, held between May 4 and May 21, saw strong participation, with 36 of the 37 lots offered successfully sold. Out of 185,135 carats made available, 183,385 carats were purchased. Gemfields achieved an average realised price of $146.08 per carat during the auction. According to Gemfields Product and… Read More Here

Mining in DRC Economy News in Brief

DRC Reports Over 1,000 kg of Germanium Hydroxide Output in 2025 Amid Highly Volatile Production

May 15, 2026May 15, 2026 Constance0 comment

DRC germanium hydroxide production reaches 1,068 kg in 2025 with sharp volatility and export volumes The Democratic Republic of Congo (DRC) produced 1,068.07 kilograms of germanium hydroxide in 2025, according to data from the Technical Unit for Mining Coordination and Planning (CTCPM) under the Ministry of Mines. During the same period, the country exported 1,079.87 kilograms of the material, indicating that nearly all recorded production was shipped abroad. The CTCPM notes that germanium hydroxide production in 2025 was highly unstable, following a pronounced “sawtooth” pattern marked by sharp fluctuations. The… Read More Here

Mining in DRC Corporate News News in Brief Tin

Alphamin Resources Reports Strong Q1 Earnings Growth Driven by Higher Tin Prices and Improved Logistics

April 12, 2026April 12, 2026 Constance

Alphamin Resources Sees 46% EBITDA Jump to $158M in Q1 on Strong Tin Prices and Stable Production Democratic Republic of Congo-focused tin producer Alphamin Resources is expected to report a 46% quarter-on-quarter increase in earnings before interest, taxes, depreciation and amortisation (EBITDA), reaching approximately $158 million for the quarter ended March 31. Tin production for the period totalled 5,026 tonnes, broadly in line with guidance of 20,000 tonnes annualized output and consistent with the previous quarter’s performance. Tin sales amounted to 5,016 tonnes, representing a marginal 1% decline compared to… Read More Here

Battery Metals International Lithium News in Brief

China Lithium Prices Surge as Zimbabwe Suspends Raw Mineral Exports

February 26, 2026February 26, 2026 Constance

Zimbabwe Halts Lithium Exports, Driving China Lithium Carbonate Prices Higher Amid Energy Storage Demand China’s lithium prices jumped sharply on Thursday after Zimbabwe suspended exports of all raw minerals and lithium concentrates, raising concerns about potential supply disruptions amid booming energy storage demand. The most actively traded lithium carbonate contract on the Guangzhou Futures Exchange surged 6.07% to 178,020 yuan ($26,043.45) per metric ton as of 03:30 GMT, after earlier spiking over 9% to 187,700 yuan. Zimbabwe, Africa’s largest lithium producer, exported 1.128 million tons of spodumene concentrate in 2025… Read More Here

International Corporate News News in Brief Safety & Health

Fatal Incident at SimFer Project Halts Operations in Guinea

February 15, 2026February 15, 2026 Constance

Contractor Fatality at Rio Tinto’s SimFer Iron Ore Project Suspends Operations in Guinea A contract worker died on Saturday following an incident at the SimFer iron ore project in Nzérékoré, Guinea, according to a statement issued by Rio Tinto. The company did not disclose specific details regarding the circumstances of the incident. All operations at the SimFer site have been suspended pending further review. The temporary shutdown is intended to ensure site safety and support the ongoing investigation. Rio Tinto confirmed that an internal investigation is underway to determine the… Read More Here

Mining in DRC Cobalt News in Brief

DRC Removes 13,587 Children from Cobalt Mines, Reinforces School Integration

January 29, 2026January 29, 2026 Constance

DRC Announces Major Milestone: Over 13,500 Children Withdrawn from Cobalt Mines and Enrolled in Schools On the sidelines of the World Economic Forum, the Democratic Republic of Congo (DRC) announced a major achievement in combating child labor. A total of 13,587 children have been removed from cobalt mines and successfully reintegrated into the school system, according to Richie Lontulungu, Deputy Technical Secretary of the National Human Rights Commission (CNDH). “The Davos audience welcomed the news that 13,587 children were withdrawn from cobalt mines through the Project to Support the Alternative… Read More Here

Mining in Zambia Copper Corporate News Gold News in Brief Technology & Innovation

Barrick Selects Metso Flotation Technology for Lumwana Expansion

January 23, 2026January 27, 2026 Constance

Barrick Chooses Metso’s Concorde Cell Flotation Technology for Lumwana Copper Expansion in Zambia Global gold and copper producer Barrick Mining Corporation has selected Metso’s Concorde Cell flotation technology for its Lumwana copper mine expansion project in Zambia. The Concorde Cell flotation cells will be deployed alongside Metso’s TankCell technology, which Barrick had previously chosen for the project. The combined solution is expected to optimise the processing flowsheet and enhance overall metallurgical performance. Metso said its high-intensity Concorde Cell technology is specifically designed to treat complex orebodies, delivering improved efficiency and… Read More Here

Mining in Zambia Copper Corporate News News in Brief

KCM Achieves RMAP Conformance at Nkana Refinery

January 18, 2026January 18, 2026 Constance

KCM’s Nkana Refinery Earns RMAP Conformance, Strengthening Zambia’s Responsible Copper Supply Konkola Copper Mines (KCM) has recorded a major milestone in its drive for operational excellence and global market competitiveness following the successful completion of the Responsible Mineral Assurance Process (RMAP) assessment at the Nkana Copper Refinery. The assessment, conducted from 29 to 30 September 2025, was completed with no corrective actions required, according to the initial draft report. This marks a significant improvement from the 2023 audit, which resulted in the loss of the refinery’s London Metal Exchange (LME)… Read More Here

Copper International News in Brief

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