Copperbelt Katanga Mining - Page 93 of 3466 - African Copperbelt's Top Mining News

Kwacha Nears Two-Year High as Zambia’s De-Dollarisation Drive Sparks Dollar Sell-Off 1

Zambia’s Kwacha Strengthens to Two-Year High Following Government Crackdown on Dollar Use Zambia’s kwacha traded near its strongest level in more than two years after a government directive limiting the use of foreign currencies in domestic transactions triggered a surge in dollar selling across the market. The currency gained sharply during the trading session, rising close to 1% against the US dollar before easing slightly to close the day higher. The move extends a strong rally that began last year and has been supported by record copper prices and improving… Read More Here

Mining in DRC Copper Mining in Zambia

DRC and Zambia Gain from Copper Price Boom as Global Demand Surges

January 11, 2026January 11, 2026 Constance

Copper Prices Above $13,000 a Ton Deliver Economic Windfall for Congo and Zambia The Democratic Republic of Congo and Zambia are benefiting from a sharp rally in global copper prices, providing both countries with a significant economic boost at a time of rising global demand for the metal. Copper, a cornerstone of export earnings and government revenue for both nations, has surged nearly 50% since January 2025, surpassing US$13,000 per metric ton for the first time. The price rally has been partly fuelled by concerns over potential United States tariffs… Read More Here

Mining in DRC Governance

DRC Bans Mining Companies from Direct Sale of Reagents to Boost Local Subcontractors

January 11, 2026January 11, 2026 Constance

DRC Prohibits Mining Companies from Directly Selling Mining Reagents to Promote Local Subcontracting The Democratic Republic of Congo’s Private Sector Subcontracting Regulatory Authority (ARSP) has formally prohibited all mining companies operating in the country from directly supplying, distributing or marketing mining reagents, including sulfuric acid, quicklime, coal and similar products. Under the new regulation, only subcontracting companies that are duly approved and registered with the ARSP are authorised to supply and commercialise these materials. The decision was adopted on January 7, 2026, and is binding on all mining operators without… 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

Mining in Zambia News in Brief

Zambia’s Aerial Mineral Mapping Survey Hits 55% Completion

January 10, 2026January 12, 2026 Constance

Zambia Aerial Mineral Mapping Survey Progress Reaches 55%, Copperbelt Zone Nears Completion Zambia’s Aerial Mineral Mapping Survey has reached 55 per cent completion, marking a significant milestone in the country’s efforts to advance mineral exploration. Permanent Secretary in the Ministry of Mines and Minerals Development, Hapenga Kabeta, confirmed that Zone B, which primarily covers the Copperbelt region, is nearing completion. “The government remains committed to providing all necessary support to ensure the survey is successfully completed,” Dr. Kabeta stated. A more detailed update will be provided by the Minister of… Read More Here

Mining in DRC

DRC Mines Minister Highlights Training as Key to Sustainable Mineral Development

January 10, 2026January 10, 2026 Constance

DRC Mining Sector Boosted by Training Programs for Administration Staff, Says Minister Louis Watum The Minister of Mines of the Democratic Republic of Congo, Louis Watum Kabamba, emphasized the critical role of administrative training in achieving the sustainable development of the country’s vast mineral resources. “The sustainable development of the DRC’s immense mineral resources depends primarily on the quality of human capital,” said Minister Watum during a ceremony presenting certificates of participation in continuing education programs for managers and staff of the Mines administration. The event was presided over by… Read More Here

Mining in DRC Critical Minerals

DRC Urged to Define Strategic and Critical Minerals for Energy Transition

January 7, 2026January 7, 2026 Constance

Resource Matters Calls on DRC to Establish Clear Framework for Strategic and Critical Minerals While many countries have developed clear strategies distinguishing between “strategic” and “critical” minerals, the Democratic Republic of Congo (DRC) has yet to define a comprehensive list of minerals requiring special attention in its energy transition strategy. This observation comes from the NGO Resource Matters in its December 2025 publication on the local development of minerals essential to the energy transition. Currently, only cobalt, coltan, and germanium are classified as “strategic minerals” in the DRC. According to… Read More Here

Mining in DRC Battery Metals Cobalt

DRC Cobalt Prices Stall at $52,100 per Ton as Global Demand Outlook Remains Uncertain

January 7, 2026January 7, 2026 Constance

Cobalt Prices Stabilize After Rapid December Surge Amid Market Uncertainty After a period of rapid growth through December 22, 2025, cobalt prices have stabilized on the international market. Having climbed from USD 50,958 to over USD 52,000 per ton in just a few weeks, the price of this strategic mineral—of which the Democratic Republic of Congo (DRC) is the world’s leading producer—has now plateaued. Data for January 5–10, 2026, indicate cobalt export prices at USD 52,107 per ton, slightly below the previous week’s USD 52,111, reflecting a marginal decline. This… Read More Here

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