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Glencore Reports Strong Copper Output Growth as Marketing Division Eyes Top-End Earnings 1

Glencore Q1 Copper Production Jumps 19% on African Output Gains, Marketing Unit Set to Beat Earnings Guidance Glencore reported a 19% increase in copper production for the first quarter, supported by improved ore grades at its African operations and higher output from its Antamina mine in Peru. The Swiss-based commodities trader and mining group produced 199,600 tonnes of copper during the quarter, up from 167,900 tonnes in the same period last year. While copper production strengthened, cobalt output declined sharply by 39%. The company attributed this drop to a strategic… Read More Here

Mining in DRC Corporate News Tin

Alphamin Resources Posts Record $158M EBITDA on Surging Tin Prices and Stable DRC Operations

April 30, 2026April 30, 2026 Constance0 comment

Alphamin Resources Reports Record Q1 2026 Earnings as Tin Prices Jump 30% and Production Holds Steady in DRC Tin producer Alphamin Resources, which operates assets in the Democratic Republic of Congo (DRC), has reported record earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $158 million for the three months ended March 31, the first quarter of its 2026 financial year. This represents a 46% increase quarter-on-quarter, driven primarily by a sharp rise in tin prices. The average tin price climbed 30% over the period, increasing from $37,995 per tonne… Read More Here

Mining in Zambia Corporate News Drilling New Mining Projects Zinc

Shuka Minerals Begins First Kabwe Drilling in Decades to Boost Zinc Resource

April 30, 2026April 30, 2026 Constance0 comment

Shuka Minerals Begins Phase 1 Drilling at Kabwe Zinc Mine with Ox Drilling to Target 50% Resource Expansion Dual-listed Shuka Minerals (AIM and JSE) has appointed Ox Drilling as the contractor for its Phase 1 drilling programme at the Kabwe zinc mine in Zambia. The project is operated through Shuka’s local subsidiary, Leopard Exploration and Mining. The drilling campaign is scheduled to begin in mid-May and will be supported by geological consultancy GeoQuest. Phase 1 Drilling Programme The initial phase comprises a 2,000-metre diamond drilling programme using PQ and HQ… Read More Here

Mining in DRC Cobalt Copper Economy Gold Tin

DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets

April 30, 2026April 30, 2026 Constance0 comment

DRC Mineral Prices Show Upward Trend: Gold, Copper, Tin and Germanium Rise While Cobalt Holds Steady Market data for mineral products exported from the Democratic Republic of Congo (DRC) for the period April 27 to May 2, 2026 shows an overall upward trend on international markets, driven by gains in several strategic metals. Precious and industrial metals recorded notable increases. Gold rose from $153.87 to $155.28 per gram, while copper increased from $12,836.10 to $13,177.50 per ton. Aluminum ingots also posted gains, climbing from $1,690.63 to $1,718.98 per ton. Other… Read More Here

Mining in DRC Regional conflict

US Embassy Denies Funding Mine Security Unit in DRC Amid Conflicting Statements

April 30, 2026April 30, 2026 Constance0 comment

US Embassy in Kinshasa Rejects Claims of Funding $100M Mine Patrol Unit in DR Congo as Mining Authority Clarifies Financing Plans In a statement released on Tuesday, April 28, 2026, the United States Embassy in Kinshasa denied reports that it is currently funding a mine patrol or security unit in the Democratic Republic of Congo (DRC). The clarification comes after an announcement earlier in the week by the General Inspectorate of Mines (IGM), which stated that mine security agents would be deployed in the coming days to mining sites across… Read More Here

Mining in Zambia Copper Investment News New Mining Projects

KoBold Metals Launches Construction of Zambia’s Largest Copper Mine

April 30, 2026April 30, 2026 Constance0 comment

KoBold Metals Breaks Ground on $2.3 Billion Mingomba Copper Mine in Zambia, Boosting Output Ambitions KoBold Metals, a U.S.-based exploration company backed by investors including Bill Gates and Sam Altman, has officially begun construction of the Mingomba copper mine in Zambia, marking one of the largest mining investments in the country’s history. The project, valued at more than $2.3 billion, is expected to become Zambia’s largest copper mine. Once fully operational, Mingomba is projected to produce over 300,000 tonnes of copper per year, placing it among the top producers on… Read More Here

International Corporate News

Vedanta Profits Surge on Strong Metal Prices Ahead of Business Demerger

April 30, 2026April 30, 2026 Constance0 comment

Vedanta Q1 Profit Jumps 92% as Metal Prices Rally, Margins Expand Before Major Demerger Vedanta Limited reported a sharp 92.3% increase in quarterly profit, driven by stronger base metal prices that significantly boosted margins across its core businesses. The Mumbai-based conglomerate posted a consolidated net profit of 66.98 billion rupees (approximately $706.3 million) for the quarter ended March, up from 34.83 billion rupees in the same period last year. Operating profit margins also improved markedly, rising to 32% from 21% a year earlier. The performance was underpinned by a rally… Read More Here

Corporate News Copper

First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast

April 30, 2026April 30, 2026 Constance0 comment

First Quantum Q1 2026 Loss Widens on Rising Costs and Lower Output, but Copper Production Outlook Raised First Quantum Minerals reported a significantly wider loss for the first quarter of 2026, as increased operating costs and weaker copper production weighed on financial performance, despite an improved full-year output forecast. The company posted a net loss attributable to shareholders of $196 million, compared with a $23 million loss in the same period last year. Adjusted loss for the quarter came in at $147 million, or $0.18 per share. Operational challenges were… Read More Here

Mining in DRC Economy Mining in Zambia

Zambia and DRC Move Closer to Launching Simplified Trade Regime

April 30, 2026April 30, 2026 Constance0 comment

Zambia and DRC Accelerate Simplified Trade Regime Rollout to Boost Cross-Border Trade and Empower Small Traders Zambia and Democratic Republic of the Congo have stepped up efforts to operationalise the Simplified Trade Regime (STR), a framework designed to facilitate cross-border trade and support small-scale traders particularly women and youth. The initiative follows more than seven years of bilateral negotiations, with both governments now in the final stages of implementation. The STR is expected to streamline customs procedures, reduce administrative barriers, and enable small traders to access preferential tariff rates. Speaking… Read More Here

International Gold

Mining Investment in Mali Persists Despite Escalating Security Risks

April 30, 2026April 30, 2026 Constance0 comment

Mining Companies Maintain Investments in Mali Amid Rising Security Threats and Political Instability International mining companies are expected to continue investing in Mali, one of Africa’s most resource-rich nations, despite a sharp escalation in security risks following a recent surge in coordinated insurgent attacks. Mali is a leading gold producer on the continent, benefiting from record-high global prices. The country also holds substantial reserves of lithium, uranium, and copper, making it strategically important for global resource markets. However, decades of insurgency and political instability including repeated military coups have complicated… Read More Here

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