Sunday, March 1, 2026
Market Intelligence for Mining Professionals
What's happening: Osisko revives historic Gaspé copper mine amid rising metal prices
Osisko Metals, which bought the Quebec Gaspé property from Glencore for $45 million, is preparing a resource update by March 31 and a preliminary economic assessment by year‑end. The project targets a 30‑40‑year mine life as copper prices hover around $6 per pound.

The spot gold and futures markets do not trade on weekends, but gold backed cryptocurrencies do, and they are indicating a sharp surge in gold after the U.S. struck Iran on Saturday morning.
The Bubble Bubble Report

Botswana to Launch Feasibility Study for Copper Refinery Anchored on MMG Khoemacau Expansion Botswana is taking a significant step toward expanding its mineral beneficiation strategy, with Minister of Minerals and Energy Bogolo Kenewendo announcing that MMG Khoemacau, in partnership with key stakeholders and aligned with government policy, will undertake a feasibility study for the potential establishment of a copper refinery in the country. Speaking in Parliament, Kenewendo outlined progress made in copper beneficiation to date and identified downstream processing as the next strategic priority. The proposed refinery or smelter would…
Copperbelt Katanga Mining

A number of oil tankers are avoiding sailing through Hormuz shipping strait that links the oil-rich Persian Gulf to the open seas, with some shipowners taking a caution-first approach to the narrow waterway after the US and Israel bombed Iran.
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Zambia Approves Tanzania and Namibia Pipeline Projects to Boost Energy Security and Support Mining Growth Zambia has taken a significant step toward reinforcing its long-term economic resilience, with Cabinet approving the construction of two major cross-border energy projects: the Tanzania–Zambia Multi Products Pipeline and the Namibia–Zambia Refined Petroleum and Natural Gas Pipeline. These new corridors are designed to complement the existing TAZAMA Pipelines Limited infrastructure and diversify Zambia’s fuel import routes, reducing reliance on a single supply channel. Moving Beyond Single-Route Dependence Since its commissioning in the 1960s, the TAZAMA…
Copperbelt Katanga Mining
DK Joshi said that projects worth ₹82,450 crore are planned for Great Nicobar Island, including the transhipment terminal, a power plant and a proposed township.
ET EnergyWorld (The Economic Times)
Poland’s KGHM targets higher copper output in 2026 as Poland cuts its copper extraction tax from January. https://www.metalnomist.com/2026/02/polands-kghm-targets-higher-copper.html
💥Here is a comprehensive but condensed file on energy sources in Iran, covering its oil, gas, and power sectors, including several charts. Click the link, then switch the language in your browser.👇