Monday, June 15, 2026

Copper Supply Disruptions Mount as Congo Halts Mine Operation Due to Radiation

Operations have been suspended at the La Compagnie Minière de Musonoie (COMMUS) copper and cobalt mine in the Democratic Republic of Congo due to concerns over excessive radiation levels in the cobalt produced there.

The mine, owned by Zijin Mining Group Ltd. and Gecamines, halted production earlier this week as government officials oversee testing of cobalt shipments that were exported and returned.

The COMMUS project in Kolwezi, Lualaba province produced 129,000 tons of copper and 2,200 tons of cobalt last year. Congo has some uranium deposits in its southeastern Katanga region which can occasionally lead to contamination. Cobalt is extracted as a by-product of copper mining.

The shutdown comes amid disruptions in the global copper supply, including the closure of First Quantum’s Cobre Panama mine and lowered guidance from Anglo American. China’s Zijin owns 72% of COMMUS, with Congo’s state mining company Gecamines holding the remaining 28% stake. Zijin also has an interest in Ivanhoe’s Kamoa-Kakula, Congo’s largest copper mine.

Meanwhile in Chile, Codelco is expected to see a dip in output this month after a fatal accident at its Radomiro Tomic mine. Chile’s Mining Minister Aurora Williams said Codelco’s April production “is probably going to go down a little” due to this disruption, though she expects a recovery in the third quarter. Codelco, battling to remain the world’s top copper producer, has seen output slump to 25-year lows.


Information for this story was found via Bloomberg, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver’s Next Move May Be Built on a Much Stronger Base | Mani Alkhafaji – First Majestic Silver

Guanajuato Silver Q1 Earnings: They Finally Post Positive Net Income

We’re in a New Era of Gold Price Discovery | Ryan King – Equinox Gold

Recommended

Silver47 Starts 10,000 Metre Campaign at Flagship Alaska Silver Project

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Related News

First Quantum Craters 27% As Panama Puts Future Of Cobre Panama Mine To Referendum

The people have spoken. And unfortunately for First Quantum Minerals (TSX: FM), that means that...

Monday, October 30, 2023, 12:24:17 PM

Hudbay Acquires Arizona Sonoran In A $1.48B All-Share Copper Deal

Hudbay Minerals is acquiring Arizona Sonoran Copper in an all-share transaction that values the latter...

Monday, March 2, 2026, 10:26:05 AM

Mining SPAC Metals Acquisition Looks To Acquire Glencore’s CSA Copper Mine For US$1.1 Billion, 1.5% NSR

Blank check firm Metals Acquisition Corp. (NYSE: MTAL) announced today the definitive agreement to acquire...

Thursday, March 17, 2022, 02:28:00 PM

Trump Brokers Congo Peace Deal With Eye on Critical Minerals

President Donald Trump brokered a peace agreement between the Democratic Republic of Congo and Rwanda...

Tuesday, July 1, 2025, 09:17:44 AM

Ivanhoe Mines: BMO Raises Price Target To $10

This morning BMO Capital Markts raised their 12-month price target on Ivanhoe Mines (TSX: IVN)...

Friday, September 11, 2020, 05:57:52 PM