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Search Continues for Trapped Miners in Zambia’s Mumbwa Gold Mine Accident 1 Mining in Zambia Mine Safety 

Search Continues for Trapped Miners in Zambia’s Mumbwa Gold Mine Accident

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Search operations continue for trapped miners following a tragic accident at the Lwiili Gold Mine in Mumbwa District, Central Province. Yesterday, ten miners were confirmed dead after their bodies were recovered from the collapsed mine, while six miners were rescued alive and subsequently admitted to Nangoma Mission Hospital. Mumbwa District Commissioner Namukolo Hayumbu informed ZNBC news that the search for additional victims has entered its second day. She noted that the ongoing search is due to the uncertain number of miners still trapped after a portion of the mine collapsed.… Read More Here
Anglo American Highlights the Vital Role of Zambian Capital Markets for Mining Sector Growth 2 Mining in Zambia Cobalt Copper Events & Expos Press Release 

Anglo American Highlights the Vital Role of Zambian Capital Markets for Mining Sector Growth

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A strong and vibrant local capital market is essential to attract foreign institutional investors to Zambia’s mining sector, said Norman Mbazima, senior Anglo American executive for the last 20 years and Chairman of Anglo American Platinum. Speaking at the Zambian Mining and Investment Insaka last week, Mr Mbazima underscored the critical importance of creating a conducive investment climate to unlock the country’s mining potential. Participating in a panel discussion titled “Mining Beyond Copper: What’s in it for Zambia?”, Mr Mbazima joined a group of esteemed experts to explore the past,… Read More Here
FQM AND THE MINISTRY OF TOURISM PARTNER TO ADVANCE CONSERVATION EFFORTS IN ZAMBIA 3 Mining in Zambia Copper Environment Social Governance (ESG) Press Release 

FQM AND THE MINISTRY OF TOURISM PARTNER TO ADVANCE CONSERVATION EFFORTS IN ZAMBIA

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The Zambian government has commended First Quantum Minerals (FQM) for its commitment to environmental stewardship, citing the company’s robust environmental management system that safeguards the environment during mining operations. This recognition follows a recent meeting between the Ministry of Tourism and First Quantum, in which both parties discussed a collaborative approach to enhancing conservation efforts within the country. Ministry of Tourism Permanent Secretary Evans Muhanga expressed his satisfaction with the mining firm’s commitment to conservation.He acknowledged the vital role that mining companies play in the Zambian economy and stressed the… Read More Here
Glencore’s 6th Annual DRC Mining Conference Highlights ESG and Sustainability Efforts 4 Mining in DRC Cobalt Copper Events & Expos 

Glencore’s 6th Annual DRC Mining Conference Highlights ESG and Sustainability Efforts

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On October 8, 2024, Glencore held its 6th annual conference in Kinshasa, Democratic Republic of Congo (DRC), bringing together key stakeholders to address crucial issues in the country’s mining sector. The event, an essential platform for industrial miners like Glencore, emphasized the promotion of Environmental, Social, and Governance (ESG) standards, traceability, and sustainability. Glencore has been a significant player in the DRC since 2007, contributing substantially to the nation’s economy through its copper and cobalt production. Its major assets include Kamoto Copper Company (KCC), co-owned with Gécamines (25% stake), and… Read More Here
Zambia to Retain Majority Stake in Key Mining Projects 5 Mining in Zambia Copper Mining Projects Partnership 

Zambia to Retain Majority Stake in Key Mining Projects

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Zambia’s government plans to maintain a majority stake in certain promising mining licenses identified through an ongoing mapping exercise, while inviting private investors to develop these assets through joint ventures with the state. Mines Minister Paul Kabuswe announced that the government has established a special purpose vehicle (SPV) to facilitate investment as part of Zambia’s strategy to boost copper production. As Africa’s second-largest copper producer, Zambia aims to surpass 1 million tonnes of copper output by the end of 2025. The SPV will hold licenses for key areas and seek… Read More Here
Minister Kabuswe Calls for Urgent Action Against Illegal Mining in Zambia 6 Mining in Zambia Artisanal mining Events & Expos 

Minister Kabuswe Calls for Urgent Action Against Illegal Mining in Zambia

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Mines and Minerals Development Minister Paul Kabuswe has emphasized the need for an urgent investigation into the persistent illegal mining activities in Zambia, despite government efforts to curb the issue. Kabuswe noted that, although security officers have been deployed to protect mining sites, illegal activities continue. He stressed that the government will intensify efforts to implement stricter measures to combat illegal mining, while encouraging the formalization of small-scale miners to ensure safer mining practices. The Minister made these remarks during his closing address at the 2024 Mining and Investment Insaka… Read More Here
Musamu Resources Calls for Manganese Processing Plant and Increased Local Participation in Zambia 7 Mining in Zambia Battery Metals 

Musamu Resources Calls for Manganese Processing Plant and Increased Local Participation in Zambia

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Musamu Resources Limited Executive Chairperson, Dr. Sixtus Mulenga, has urged ZCCM-IH to consider establishing a manganese processing plant in Zambia. Speaking at the Mining and Investment Insaka in Lusaka today, Dr. Mulenga emphasized the importance of greater involvement of Zambians in the manganese mining sector. He highlighted that the development of a national steel industry could accelerate Zambia’s industrialization, with the manganese sector playing a key role. Dr. Mulenga stressed that the sector’s success relies on the inclusion of artisanal, small-scale, and large-scale miners, alongside the establishment of processing plants.… Read More Here
Zambia Joins Central Corridor Transit Transport Facilitation Agency to Boost Regional Trade 8 Mining in Zambia Transport and Logistics 

Zambia Joins Central Corridor Transit Transport Facilitation Agency to Boost Regional Trade

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In a significant move to enhance regional trade and transportation, Zambia has officially become a full member of the Central Corridor Transit Transport Facilitation Agency (CCTTFA). The agreement was signed by Minister of Transport and Logistics, Hon. Eng. Counsel Museba Frank Tayali, during the Interstate Council of Ministers Meeting in Kinshasa, DRC. The high-level meeting was chaired by Jean-Pierre Bemba, Deputy Prime Minister and Minister of Transport of the DRC. The Central Corridor is an integrated multimodal transport and logistics network that connects member states to the Indian Ocean through… Read More Here
Zambia's Energy Regulation Board Set to Announce Decision on ZESCO's Emergency Tariff Adjustment 9 Mining in Zambia Electricity Energy 

Zambia’s Energy Regulation Board Set to Announce Decision on ZESCO’s Emergency Tariff Adjustment

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The Energy Regulation Board (ERB) is expected to announce its final decision today regarding ZESCO’s application for an emergency tariff adjustment. During a public hearing on ZESCO’s application held in Lusaka on Monday, ERB Board Chairperson James Banda assured attendees that there is no political interference in the board’s decision-making process. He emphasized that the decision will be based solely on the board’s considerations of all submissions received. ZESCO Managing Director Victor Mapani clarified that the proposed emergency tariff adjustments will apply only to domestic, retail, and industrial customers, explicitly… Read More Here
Zambia Aims for Over 1 Million Tonnes of Copper Production by 2025 10 Mining in Zambia Copper Economy 

Zambia Aims for Over 1 Million Tonnes of Copper Production by 2025

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Zambia’s Mines and Minerals Development Minister, Paul Kabuswe, has announced that the country aims to increase copper production to over 1 million tonnes by the end of 2025. He expressed optimism that the long-term goal of reaching 3 million tonnes by 2031 is achievable. Minister Kabuswe made these remarks during a high-level panel discussion focused on policies to meet the ambitious copper production target at the ongoing Mining and Investment Insaka in Lusaka. Finance Minister Situmbeko Musokotwane emphasized the importance of teamwork in achieving this target. He noted the necessity… Read More Here
Kibali Gold Mine Discovers Major Deposits, Expands Exploration in DRC 11 Mining in DRC Exploration Gold 

Kibali Gold Mine Discovers Major Deposits, Expands Exploration in DRC

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At its 54th quarterly press conference on October 8 in Kinshasa, Kibali Gold Mines announced significant new deposit discoveries near its plant, boosting the mine’s long-term growth prospects. Mark Bristow, Barrick’s Chairman and CEO, shared that these discoveries will help maintain Kibali’s status as Africa’s largest gold mine for years to come. Bristow revealed that the newly identified “ARK” target, just 4 km from the processing plant, holds the potential for a high-grade deposit of several million ounces. This discovery, along with deeper extensions of the KCD deposit, will help… Read More Here

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