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Freeport-McMoRan Pushes for Copper’s Critical Mineral Status Amid U.S. Policy Shifts 1 International Copper 

Freeport-McMoRan Pushes for Copper’s Critical Mineral Status Amid U.S. Policy Shifts

Constance
Freeport-McMoRan is urging U.S. President Donald Trump to designate copper as a critical mineral, a move that would unlock substantial tax credits under the Inflation Reduction Act and bolster domestic production, CEO Kathleen Quirk said Monday. Trump recently told Congress he would take “historic action to dramatically expand production of critical minerals,” though details remain unclear. Copper plays a crucial role in power generation, electronics, and construction, yet it is absent from the U.S. Geological Survey’s critical minerals list, which currently includes lithium, nickel, and 48 other minerals. If classified… Read More Here
Peru Seeks Talks with U.S. Over Proposed Copper Tariffs 2 Copper International 

Peru Seeks Talks with U.S. Over Proposed Copper Tariffs

Constance
Peru is preparing to send a delegation to meet with U.S. officials following the Trump administration’s announcement of potential copper tariffs that could impact Peru’s largest export product. “The rules of the game are changing quickly under the new North American administration,” Energy and Mines Minister Jorge Montero said in Lima on Monday. Peru aims to protect its economic interests and mitigate the impact of any restrictive U.S. trade measures. As the world’s third-largest copper supplier, Peru exports some of its semi-processed copper to the U.S., though most is shipped… Read More Here
WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution 22 Mining in Zambia 

WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution

Constance
The World Wide Fund for Nature (WWF) Zambia has called for a comprehensive audit of all tailings dams associated with mining activities across the country to prevent future environmental disasters. The call follows the February 18, 2025, tailings dam breach at Sino Leach Metal Zambia, which resulted in pollution of the Mwambashi River and Lusale Stream, ultimately contaminating the Kafue River downstream. WWF Zambia Country Director Nalucha Ziba, in a statement issued in Lusaka on Wednesday, urged that the audit be conducted in collaboration with the Engineering Institution of Zambia… Read More Here
MMG Suspends Cobalt Processing at Kinsevere Amid Price Slump 23 Mining in DRC Cobalt 

MMG Suspends Cobalt Processing at Kinsevere Amid Price Slump

Constance
Chinese state-controlled miner MMG Ltd has halted operations at its cobalt processing plant in the Democratic Republic of Congo (DRC) just 15 months after its launch, citing a sharp decline in cobalt prices. The company, 67% owned by China Minmetals Corp, suspended the facility at its Kinsevere mine in December 2024 due to unfavorable market conditions. This decision comes as the Congolese government imposed a four-month export ban on cobalt last week, aiming to curb oversupply and stabilize prices in the world’s leading cobalt-producing nation. MMG recently completed a $600… Read More Here
Xtract Resources Launches Diamond Drilling at Silverking Copper Project in Zambia 24 Mining in Zambia Diamond Drilling New Mining Projects 

Xtract Resources Launches Diamond Drilling at Silverking Copper Project in Zambia

Constance
London-listed Xtract Resources has commenced a diamond drilling program at its Silverking project (Licence 26673-HQ-LEL) in Zambia’s Mumbwa district, Central Province. The program aims to advance project development by assessing mineralisation potential and expanding exploration. Silverking operates under an option and joint venture agreement with Oval Mining, allowing Xtract to earn up to a 70% stake in the Silverking copper mine and its surrounding exploration licence. Key Drilling Objectives The drilling campaign seeks to: Advancing Mine Development Xtract’s executive chairperson, Colin Bird, emphasized the project’s advantage due to historical small-scale… Read More Here
CNPAV Demands Fair Renegotiation of Sicomines Agreement to Protect DRC’s Interests 25 Mining in DRC Corporate News Governance 

CNPAV Demands Fair Renegotiation of Sicomines Agreement to Protect DRC’s Interests

Constance
The Congo Is Not for Sale coalition (CNPAV) is urging the Presidency, the government, Parliament, and the executive committee of the EITI-DRC to take concrete steps to reassess the Sicomines convention and its fifth amendment. The coalition calls for a fairer balance of interests between the parties by addressing structural imbalances, financial losses, and ongoing uncertainty over infrastructure funding. CNPAV reaffirms its commitment to a just renegotiation of the Sicomines contract—one that prioritizes both the short- and long-term interests of the Congolese people and ensures a fairer economic future for… Read More Here
Chairman of Zijin Mining, Departs as a Director of Ivanhoe’s Board 26 Mining in DRC Corporate News Mining Personality 

Chairman of Zijin Mining, Departs as a Director of Ivanhoe’s Board

Constance
 Ivanhoe Mines Executive Co-Chair Robert Friedland announced that Mr. Jinghe Chen, Chairman of Zijin Mining Group Co. Ltd., has stepped down from Ivanhoe’s the board of directors and has been replaced with the appointment of Dr. Chun (James) Wang, Vice President of Overseas Operations for Zijin Mining. Mr. Chen has served on Ivanhoe Mines’ board of directors since 2019, following the strategic investment by Zijin Mining into Ivanhoe Mines and the forming of the Kamoa Copper joint venture in 2015. Dr. Wang replaces Mr. Chen on the board of directors,… Read More Here
Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 2025 27 Mining in DRC Copper Press Release Zinc 

Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 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
Mali to Partially Lift Mining Permit Suspension on March 15 28 International 

Mali to Partially Lift Mining Permit Suspension on March 15

Constance
Mali will partially lift its suspension on the issuance of mining permits starting March 15, the Ministry of Mines announced. The West African nation, one of Africa’s leading gold producers, halted the allocation of mining titles in November 2022, citing the need to improve regulatory procedures. In 2023, the country introduced a new mining code that increased taxes and granted the state larger stakes in mining assets. The ministry stated that the suspension will be eased following extensive efforts to clean up the mining register. As a result, authorities will… Read More Here

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