Africa’s copper market is set for huge growth as new exploration and production projects are brought to the fore by 2025. Led by Africa’s largest copper producers — the Democratic Republic of Congo (DRC) and Zambia — the continent’s ascent as...
China is witnessing the rewards of its substantial investments in the Democratic Republic of Congo (DRC), with a 71% year-on-year surge in refined copper imports from the central African nation. In 2024, shipments reached 1.48 million metric tons, cementing...
Copper Faces Tariff Threat Amid Rising U.S.-LME Premium
The U.S. copper market is bracing for potential tariff impositions, with the premium between CME and London Metal Exchange (LME) copper contracts widening in response to speculation that the red metal might...
The copper market is bracing for a significant supply deficit in 2024, a consequence of several factors disrupting the supply and demand balance. New discoveries, while promising, are unlikely to offset the shortfall, as the industry fights production setbacks,...
Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, which is in collaboration with Cooperlemon Consultancy, to potentially acquire up to a 70% stake in Zambia’s Silverking copper mine and its accompanying exploration licence.
The initial option...
Zambia’s copper output could rise to around one million tonnes (mt) a year by 2026 as investment in expanding production at mines continues to add to capacity, the nation’s finance minister, Situmbeko Musokotwane, said on Friday.
Copper production is a...
Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, which is in collaboration with Cooperlemon Consultancy, to potentially acquire up to a 70% stake in Zambia’s Silverking copper mine and its accompanying exploration licence.
The initial option...
