Metals and mining

Kamoa-Kakula is rebuilding copper output through mining and dewatering work while its smelter runs at about 60% of design capacity. The World Bank’s metals index fell 3.0% in October. Operating constraints and monthly price movements coexist.

Ivanhoe Mines · 2026-11-03

Kamoa-Kakula lowers 2027 copper guidance as its smelter runs at about 60% of capacity

Ivanhoe Mines said on 3 November that Kamoa-Kakula in DR Congo had lowered its 2027 guidance to 300,000–350,000 tonnes of copper in saleable products. Its existing smelter continues to operate at about 60% of design capacity, according to the company.

Original source ↗

worldbank · 2026-11-03

October commodities show rising energy and falling metals

The World Bank’s 3 November update shows October energy prices up 7.1%, agriculture down 1.3% and metals down 3.0%. European gas rose 12.1%.

Original source ↗