Vedanta's Konkola Copper Mines plans a $317m, 300MW coal-fired power plant in southern Zambia, as President Hakainde Hichilema presses the company to accelerate investment to support copper growth.
Zambia exported 446,100t of refined copper in the first half of 2026, up 7.4%, while national mine production grew only 0.45% to 447,200t, official and company data show.
Three-month copper on the London Metal Exchange touched a record $14,858.50 a tonne on 10 September 2026, up about 19% for the year and 48% over twelve months.
Koryx Copper has reported new drill results from its Haib project in southern Namibia, including a near-surface intercept grading 2.55% copper equivalent, as it works toward a resource update and pre-feasibility study.
Ivanhoe Mines has increased the mineral resource at its Makoko District copper discovery in the DRC by 30%, to roughly 12 million tonnes of contained copper, on the back of an aggressive 2026 drilling campaign.
Three-month copper on the London Metal Exchange hit a fresh record near $14,635 a tonne on 8 September 2026, driven by tariff-related trade distortion and falling DRC output.
Financing · GoldHarmony Gold raises about R21bn in new multi-currency bank facilities$1.3bnCompleted
Merger · CopperAnglo American and Teck agree all-share merger to create Anglo Teck$50bnPending
Disposal · ChromeJubilee Metals completes $90m sale of South African chrome and PGM operations to One Chrome$90mCompleted
Acquisition · CopperHarmony Gold completes $1bn acquisition of MAC Copper$1bnCompleted
JSE: ARIDiversifiedAfrican Rainbow MineralsDiversified South African mining group founded in 2003 by Patrice Motsepe through a merger of his mining interests, making him one of the first black industrialists to control a major JSE-listed miner. Motsepe remains its non-executive chairman.
LSE: AALDiversifiedAnglo AmericanLondon-headquartered diversified miner that traces its roots to Johannesburg, where Ernest Oppenheimer founded the Anglo American Corporation in 1917. After demerging its platinum business as Valterra Platinum in 2025 and agreeing to sell its steelmaking coal unit, the group is reshaping itself around copper, premium iron ore and crop nutrients while preparing to merge with Teck Resources to form Anglo Teck.
NYSE: BGoldBarrick MiningCanadian gold and copper miner renamed from Barrick Gold Corporation in 2025 to reflect its growing copper business. Listed in New York and Toronto, it settled a long-running dispute with Mali's government over its Loulo-Gounkoto complex in November 2025, agreeing to pay about $430m and resume operational control.
SSE: 603993CopperCMOCChinese miner, formerly China Molybdenum Company, that has grown into one of the world's largest producers of cobalt and a major copper producer through its Congolese subsidiaries. It is listed in both Shanghai and Hong Kong with state-owned entities holding a minority stake.
