Metals and mining

Kamoa-Kakula dewatering and mining access constrain copper recovery; the operating update is dated 3 November, with commodity statistics retaining their reference months.

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.

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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%.

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