Copper

Jubilee Metals Clears a Legal Hurdle in Its Plan to Trade Waste for Copper Growth

The legal checks are done, the deposit is due within days, and the proceeds are already earmarked for copper. Jubilee Metals, a Zambia focused integrated copper producer and resource developer listed on the LSE’s Aim and the JSE’s AltX, says legal due diligence on the proposed disposal of its Large …

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Koryx Copper completes Haib drill program

Luxembourg domiciled copper development company, Koryx Copper focused on advancing its 100 percent owned Haib Copper Project has announced more positive assay results from 18 drill holes at Haib Copper Project. The development comes after ongoing infill and expansion drill program at Haib, a massive, disseminated porphyry deposit. “Consistent with …

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Vedanta hires Chinese firm for $498 million copper plant

Indian billionaire Anil Agarwal, Vedanta Resources’ major shareholder has hired Chinese firm to build $498 million copper plant. The plant is set to become Africa’s largest copper-waste recovery plant and will recover 70,000 tonnes of copper annually from mining waste. Observers have hinted, the deal strengthens Indian and Chinese involvement …

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Zambia’s $10 Billion Copper Investment Lags Output Targets Amid Power Bottlenecks

LUSAKA — Zambia has attracted nearly $10 billion in mining investment commitments since 2021, yet the country’s copper output has expanded by just 90,000 metric tons over the same period, underscoring the formidable execution challenges facing Africa’s second-largest producer of the metal. The gap between pledged capital and physical output …

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Zambian Election Exposes Division Over $10 Billion Mining Windfall

LUSAKA — Zambian President Hakainde Hichilema is seeking a second term in an election that presents a critical test of whether his administration’s market-friendly economic reforms can deliver tangible relief to ordinary citizens amid record high copper prices. Since sweeping into power in 2021 after a sovereign debt default, Hichilema …

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Hichilema Set to Win Second Zambia Term as Investors Eye Copper Boom

Zambians go to the polls on August 13 in presidential and parliamentary elections, with financial markets and opinion polls widely expecting incumbent President Hakainde Hichilema to secure a second term against an opposition led by Brian Mundubile. Having successfully guided the southern African nation through a grueling sovereign debt restructuring, …

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FQM’s $3.46bn Impact Underscores Zambia’s Copper Backbone

In its latest report, First Quantum Minerals (FQM) has reinforced its central role in Zambia’s copper economy, reporting a $3.46 billion contribution in 2025, highlighting how mining continues to anchor national growth and industrial activity. The contribution spans taxes, royalties, wages, procurement and community investment, reflecting a deeply embedded economic …

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Zambia Chases 3-Million-Ton Copper Goal, Spurring Mining Advisory Boom

Zambia’s ambitious plan to more than triple its annual copper production to three million tonnes by 2031 is setting off an exploration rush, drawing global engineering firms keen to manage the technical and environmental risks of massive new operations. The expansion strategy is supported by an aggressive regulatory and infrastructure …

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Smelter Shutdowns Threaten Zambia’s Copper Momentum and Regional Supply Chains – Update

Zambia’s push to scale up copper production is facing fresh pressure as planned shutdowns at key smelters threaten to ripple across both output and critical chemical supplies. Two of the country’s largest smelters of operations linked to Mopani Copper Mines and Chambishi, are preparing for extended maintenance outages later this …

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Mingomba Mine Signals Zambia’s Strategic Phase of Copper Growth

Zambia is stepping into a new phase of its copper expansion strategy, with the US$300 million Mingomba Mine set to break ground on 29 April  2026. The project, led by KoBold Metals, is expected to become a key contributor to the country’s long-term production goals, with planned output of up …

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