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Turkish Ambassador Highlights Growing Economic and Strategic Ties with the DRC 21 Mining in DRC Economy 

Turkish Ambassador Highlights Growing Economic and Strategic Ties with the DRC

Constance
Turkey Projects $200 Million Trade with DRC in 2025, Targets $500 Million in Medium Term The Ambassador of the Republic of Turkey to the Democratic Republic of Congo (DRC), Murat Ülkü, praised the steady progress in economic and trade relations between the two countries on Wednesday, October 29, 2025, during a ceremony marking the 102nd anniversary of the founding of the Republic of Turkey. Ambassador Ülkü projected that bilateral trade between Turkey and the DRC would surpass USD 200 million this year, adding that both nations are working toward a… Read More Here
Carter Center Forum Calls for Tax Reform to Maximize DRC’s Mineral Revenues 22 Mining in DRC 

Carter Center Forum Calls for Tax Reform to Maximize DRC’s Mineral Revenues

Constance
Carter Center Urges DRC to Modernize Tax System and Boost Revenues from Copper and Cobalt for Sustainable Development On the sidelines of the 9th edition of the DRC Alternative Mining Indaba Conference, the Carter Center organized a forum on Thursday, October 30, 2025, bringing together civil society actors to discuss strategies for optimizing revenues from strategic minerals to finance sustainable development in the Democratic Republic of Congo (DRC), with a particular focus on the copper and cobalt sectors. The discussions, facilitated by Baby Matabishi, Fabien Mayani, and Ismaël Tutu, centered… Read More Here
FQM Advances Preservation Program at Cobre Panama Mine Amid Talks with Government 23 Copper Corporate News International 

FQM Advances Preservation Program at Cobre Panama Mine Amid Talks with Government

Constance
First Quantum Minerals Prepares Cobre Panama Copper Mine for Restart While Supporting Panama’s National Grid First Quantum Minerals (TSX: FM) reported progress at its suspended Cobre Panama copper mine in Panama during the third quarter, advancing the government-approved preservation and safe management program. Commenting on quarterly results, CEO Tristan Pascall said the company, which was preparing for a potential restart of operations, completed the shipment of all remaining copper concentrate, along with some supplies and equipment from the site. The Canadian miner also began pre-commissioning work at the mine’s power… Read More Here
Barrick Mining Denied Request to Expedite Arbitration Case Against Mali 24 Gold Corporate News International 

Barrick Mining Denied Request to Expedite Arbitration Case Against Mali

Constance
Barrick Mining’s Urgent Arbitration Request Against Mali Rejected Amid Mining Dispute Barrick Mining’s request to fast-track its international arbitration case against Mali was rejected, according to two sources familiar with the matter who spoke to Reuters on Friday. The West African country’s government had been engaged in tense negotiations with Barrick since 2023 over the implementation of a new mining code that increased taxes and granted the government a larger share of gold mine revenues. Barrick initiated arbitration proceedings with the World Bank’s International Centre for Settlement of Investment Disputes… Read More Here
Mercuria Energy Funds $100M Prepayments for ERG Copper Supply from the DRC 25 Mining in DRC Copper Corporate News 

Mercuria Energy Funds $100M Prepayments for ERG Copper Supply from the DRC

Constance
Mercuria Provides $100 Million to Support ERG’s Copper Projects in DRC Mercuria Energy Trading SA agreed to provide up to $100 million in prepayments to Eurasian Resources Group (ERG) as part of a three-year supply agreement for copper from the Democratic Republic of Congo (DRC). The financing aimed to support Luxembourg-registered ERG in developing its copper projects in the central African nation, the company said in an emailed statement on Thursday. Mercuria has been expanding aggressively into metals, with a particular focus on copper-rich nations in Central Africa. Its new… Read More Here
Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt 26 Transport and Logistics Angola Mining in Zambia 

Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt

Constance
Angola Secures International Support for $4.5B Zambia-Lobito Rail Corridor to Boost Copper Trade Angola sought $4.5 billion in funding to construct an ambitious rail link to Zambia’s copper-rich region, Transport Minister Ricardo Viegas d’Abreu said. Italy committed $320 million to the project, while the African Development Bank pledged $500 million, d’Abreu told reporters Wednesday on the sidelines of a conference in Luanda, Angola’s capital. He also noted that the Egyptian government had recently expressed interest in financing the initiative. The new Zambian spur is part of the larger Lobito Corridor… Read More Here
Vedanta Posts Strong Quarterly Profit Boosted by Rising Metal Prices 27 International Corporate News 

Vedanta Posts Strong Quarterly Profit Boosted by Rising Metal Prices

Constance
Vedanta Reports 22% Operating Margin as Aluminum and Copper Prices Drive Quarterly Profit Indian metals-to-oil conglomerate Vedanta reported higher quarterly adjusted profits on Friday, driven by rising metal prices. The company’s consolidated profit before tax and exceptional items increased 21.7% year-on-year to 70.14 billion rupees ($798 million) for the quarter ended September 30, 2025. Its operating profit margin rose to 22% from 20%, supported by steady expenses. During the quarter, benchmark three-month aluminum and copper prices rose 8.2% and 5.6%, respectively, amid uncertainties surrounding U.S. trade policies. Higher commodity prices… Read More Here
Tanzania Port Closure Disrupts African Copper Shipments to China 28 Transport and Logistics Copper 

Tanzania Port Closure Disrupts African Copper Shipments to China

Constance
Election Unrest in Tanzania Temporarily Halts Copper Exports, Forcing Rerouting to Durban, Walvis Bay, and Beira African copper shipments to China were disrupted by the temporary closure of the Port of Dar es Salaam in Tanzania following election-related unrest. Copper traders and producers in the Central African Copperbelt sought alternative routes for their cargoes, leading to congestion at other ports, including Durban in South Africa, according to multiple market sources. The closure also meant that copper already delivered to Dar es Salaam remained stuck, several sources said, speaking on condition… Read More Here
Louis Watum Strengthened Sino-Congolese Mining Ties During Official Mission to China 29 Mining in DRC 

Louis Watum Strengthened Sino-Congolese Mining Ties During Official Mission to China

Constance
DRC’s Minister of Mines Louis Watum Deepened Mining Cooperation with China’s Zijin Group During Beijing Mission Minister of Mines Louis Watum Kabamba carried out an official mission to Beijing, the capital of China, from October 24, 2025. According to the Ministry of Mines, the visit aimed to strengthen mining cooperation between the Democratic Republic of Congo (DRC) and China. At the invitation of Zijin Mining Group—the world’s third-largest mining company—the minister undertook a field visit to China on October 25 and 26, 2025. He was accompanied by the Chairman of… Read More Here
Dump truck with sky view Mining in Zambia Copper Corporate News 

FQM DELIVERS Q3 COPPER PRODUCTION BOOST AT KANSANSHI AND SENTINEL 

Constance
First Quantum Minerals (FQM) has reported increases in copper production at both its Kansanshi and Sentinel mines in North-Western Province, reinforced by the completion of its S3 processing plant at Kansanshi. Its Kansanshi operation in Solwezi reported 47,000 tonnes of copper production in the third quarter of this year, an increase of nearly 7,000 tonnes from the previous quarter. The improvement was mainly driven by higher mill throughput with the commissioning of the S3 expansion project, which was officially launched by President Hakainde Hichilema in August. “The ramp-up of S3… Read More Here

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