Zinc - Copperbelt Katanga Mining

DRC Mineral Export Prices Decline, Tin Records Steepest Weekly Drop

February 24, 2026February 24, 2026 Constance0 comment

DRC Tin Price Falls to $48,089 per Ton as Copper, Gold and Zinc Also Decline Export prices for several of the Democratic Republic of Congo’s key minerals are projected to decline during the week of February 23–28, 2026, with tin registering the sharpest drop, according to forecasts from the National Market Commission under the Ministry of Foreign Trade. Tin is expected to trade at $48,089 per ton, down from $49,756 the previous week a decrease of $1,667. This marks the most significant weekly decline among the country’s principal mineral exports… Read More Here

Copper Corporate News Zinc

Glencore Reports Strong Commodity Output in 2025 with Copper and Zinc Surges

January 29, 2026January 29, 2026 Constance

Glencore Boosts Copper and Zinc Production in 2025 Despite Cobalt and Ferrochrome Challenges Glencore, listed in London and Johannesburg, reported full-year 2025 production volumes within guidance, highlighting the benefits of streamlined operating structures. Copper production in the second half exceeded 500,000 tonnes, nearly 50% higher than the first half, reflecting grade-related uplifts at key operations including KCC, Antamina, and Antapaccay. Total own-sourced copper production reached 851,600 tonnes, 11% below 2024 due to lower head grades, recoveries, and mine sequencing, particularly at Collahuasi, Antamina, and Antapaccay. Production from the Mount Isa… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions Zinc

Shuka Minerals Completes Acquisition of Kabwe Zinc Mine in Zambia

January 18, 2026January 18, 2026 Constance

Shuka Minerals Acquires Kabwe Zinc Mine, Securing One of the World’s Highest-Grade Zinc Assets AIM- and AltX-listed Shuka Minerals has completed the acquisition of Leopard Exploration and Mining (LEM) and the historic Kabwe Zinc Mine in Zambia, concluding a lengthy acquisition process. With the transaction finalised, Shuka has secured ownership of one of the world’s richest and most significant zinc deposits, with ore grades reaching up to 43 per cent zinc. The Kabwe Mine has a long operational history, with more than 14 million tonnes of ore extracted since commercial… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions Zinc

Shuka Minerals Nears Full Ownership of Kabwe Zinc Mine Following Funding Boost

January 14, 2026January 14, 2026 Constance

Shuka Minerals Set to Complete Acquisition of Kabwe Zinc Mine as Final Funding Tranche Nears AIM- and AltX-listed Shuka Minerals is expected to shortly receive £815,000 from investment banking group Gathoni Muchai Investments under an expanded loan agreement entered into in June last year. The funding will enable Shuka to settle the remaining cash consideration for its acquisition of Leopard Exploration and Mining, a Zambian mining company that owns the Kabwe zinc mine. Shuka began the acquisition process in November last year by settling an initial tranche of the purchase… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions Zinc

Shuka Minerals Moves Closer to Full Acquisition of Zambia’s Kabwe Zinc Mine

December 3, 2025December 3, 2025 Constance

Shuka Minerals to Receive Remaining Funds for Kabwe Zinc Mine and LEM Acquisition in December Aim- and AltX-listed Shuka Minerals has confirmed that it expects to receive the remaining funds needed to finalize its acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine in central Zambia this month—slightly later than originally planned. In a December 1 update, the company said it had already completed the initial payment tranche, securing a 22.2% stake in LEM and the Kabwe project. However, subsequent payments from Gathoni Muchai Investments (GMI) are… Read More Here

Mining in DRC Copper Corporate News Press Release Zinc

Kipushi Debottlenecking Program Completed Ahead of Schedule and Under Budget

August 28, 2025August 31, 2025 Constance

Kipushi concentrator throughput rate increased by 20%, setting new production records Record 1,052 tonnes of zinc produced in 24 hours, equivalent to an annualized rate of over 340,000 tonnes Off-take agreement signed with Mercuria for up to one-third of high-grade zinc production Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announced yesterday that the debottlenecking program at the ultra-high-grade Kipushi Zinc Mine, in the Democratic Republic of Congo, was recently completed both ahead of schedule and under budget. Zinc production from the Kipushi concentrator has significantly… Read More Here

Mining in Zambia Exploration Mergers & Acquisitions New Mining Projects Zinc

Shuka Minerals Secures £2M Loan to Finalize Kabwe Zinc Mine Acquisition and Launch Exploration

July 13, 2025July 13, 2025 Constance

Shuka Minerals Secures £2M Funding to Complete Kabwe Zinc Mine Acquisition and Advance Exploration in Zambia Aim- and AltX-listed Shuka Minerals has entered into an agreement with its second-largest shareholder, Gathoni Muchai Investments (GMI), to increase its loan facility by £1.5 million. This follows an initial £500,000 Tranche 1 loan extended in December 2024, bringing GMI’s total funding commitment to Shuka to £2 million. The additional funding comes as Shuka advances toward completing its acquisition of Leopard Exploration and Mining (LEM), a Zambian mining company that owns the Kabwe zinc… Read More Here

Mining in Zambia Mergers & Acquisitions New Mining Projects Zinc

Shuka Minerals Nears Completion of Kabwe Zinc Mine Acquisition in Zambia

March 14, 2025March 14, 2025 Constance

AIM-listed Shuka Minerals has secured nearly all regulatory approvals for its acquisition of Leopard Exploration and Mining, which includes Zambia’s Kabwe zinc mine. Only one approval remains outstanding from Zambia’s Competition and Consumer Protection Commission, which Shuka expects to receive in the second quarter. In December, the company signed a conditional share purchase agreement to acquire 100% of Leopard’s share capital through a cash-and-share transaction. The acquisition was initially set to close by March 13, pending regulatory approvals and the successful completion of a debt or equity capital raise. However,… Read More Here

Mining in DRC Copper Press Release Zinc

Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 2025

March 9, 2025March 9, 2025 Constance

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President & Chief Executive Officer Marna Cloete announced an update on year-to-date production at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) and the ultra-high-grade Kipushi zinc mine, also in the DRC. Kamoa-Kakula delivered near-record copper production in January of 45,477 tonnes and 40,849 tonnes during the shorter month of February. Daily copper production averaged over each month totaled 1,467 tonnes per day (tpd) in January and 1,459 tpd in February. These achievements are just… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions New Mining Projects Zinc

Shuka Minerals Advances Kabwe Zinc Mine Acquisition and Redevelopment

February 17, 2025February 17, 2025 Constance

AIM-listed Shuka Minerals is making significant progress toward acquiring and redeveloping the Kabwe zinc mine in Zambia, with a newly appointed board overseeing the process. In a corporate and operational update on February 14, CEO Richard Lloyd reaffirmed the company’s commitment to unlocking Kabwe’s full potential. He noted strong support from potential funders, with various financing options under consideration. However, he emphasized the need for well-structured budgeting and timelines to ensure the project’s success. Shuka’s planned acquisition of Zambian mining and exploration company Leopard Exploration and Mining (LEM) follows a… Read More Here