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FQM and Stanbic Zambia Partner on Employee Financial Wellbeing 1 Mining in Zambia Corporate News Economy 

FQM and Stanbic Zambia Partner on Employee Financial Wellbeing

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FQM and Stanbic Target Employee Financial Stress with Banking Partnership First Quantum Minerals (FQM) is placing employee financial wellbeing at the centre of a new partnership with Stanbic Bank Zambia, combining access to banking services with financial education to help workers manage their money responsibly. The two institutions have signed a memorandum of understanding covering employees at Kansanshi, FQM Trident and other parts of the company. The arrangement will offer secured and unsecured lending facilities, alongside banking products intended to support employees’ personal financial needs. For FQM, the initiative addresses… Read More Here
Prospect Resources Expands Copper Potential at Zambia’s Nyungu Central 2 Mining in Zambia Copper Corporate News New Mining Projects 

Prospect Resources Expands Copper Potential at Zambia’s Nyungu Central

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Prospect Resources Extends Nyungu Central Copper Mineralisation in Zambia Prospect Resources has intersected copper mineralisation beyond the existing resource boundary at its Nyungu Central deposit, strengthening the exploration potential of the Mumbezhi Copper Project in north-western Zambia. Results from Phase 3 diamond drilling included 44 metres grading 0.60% copper from a downhole depth of 270 metres in hole NCDD026, and 17 metres grading 0.57% copper from 186.37 metres in hole NCDD024. Both intersections lie southeast of the deposit’s May 2026 mineral resource boundary. The reported intervals represent downhole lengths; their… Read More Here
Angola Leverages Oil Windfall to Accelerate Economic Diversification 3 International Investment News Oil & Gas 

Angola Leverages Oil Windfall to Accelerate Economic Diversification

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Angola Targets $2 Billion in Mining Investment as Oil Revenues Fuel Diversification Drive Angola is using stronger oil revenues to accelerate an ambitious economic diversification strategy aimed at reducing its dependence on crude exports and creating new growth engines across mining, agriculture, infrastructure, tourism, and manufacturing. Despite crude oil accounting for roughly 90% of the country’s export earnings, the government is channelling increased petroleum revenues into structural reforms and investment initiatives designed to expand the non-oil economy and attract foreign capital. A central pillar of the strategy is the mining… Read More Here
Angola Ranks Among World’s Cheapest Fuel Markets as Gasoline Prices Remain Low 4 International Oil & Gas Petroleum 

Angola Ranks Among World’s Cheapest Fuel Markets as Gasoline Prices Remain Low

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Angola Places Second in Africa and Fourth Globally for Lowest Gasoline Prices, GlobalPetrolPrices Data Shows Angola has secured a place among the countries with the lowest gasoline prices in both Africa and the world, reinforcing its position as one of the continent’s most affordable fuel markets. According to October data compiled by GlobalPetrolPrices, Angola ranks second in Africa and fourth globally for the lowest gasoline prices. The country’s gasoline price remains fixed at US$0.327 per litre, placing it behind only Libya, which tops both the African and global rankings. In… Read More Here
Zambia’s Cooma Solar Plant Nears First Power as Phase One Targets December Commissioning 5 Mining in Zambia Energy 

Zambia’s Cooma Solar Plant Nears First Power as Phase One Targets December Commissioning

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60MW Cooma Solar Project and Battery Storage Facility Set for Commissioning in Zambia by December 2026 Zambia is poised to add another major renewable energy asset to its national grid, with the first phase of the Cooma Solar Power Project expected to be commissioned before the end of December 2026. The project’s initial phase comprises 60MW of solar generation capacity supported by a 20MW battery energy storage system (BESS), providing much-needed electricity to the national grid while strengthening energy security and supporting the country’s transition towards a more diversified energy… Read More Here
Kabuswe Hands Over Mines Ministry to Tambatamba, Urges Continuity in Sector Reforms 6 Mining in Zambia Copper Mining Personality 

Kabuswe Hands Over Mines Ministry to Tambatamba, Urges Continuity in Sector Reforms

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Paul Kabuswe Hands Over Mines Ministry to Brenda Tambatamba as Zambia Pursues 3 Million-Tonne Copper Goal Former Minister of Mines and Minerals Development, Paul Kabuswe, has formally handed over the Ministry to his successor, Brenda M. Tambatamba, outlining key achievements recorded during his tenure and urging continuity in the implementation of strategic mining reforms. Speaking during the handover ceremony, Mr. Kabuswe said the Ministry had made significant progress in addressing longstanding challenges in the mining sector, particularly through efforts to revitalise brownfield mining operations and create a more enabling environment… Read More Here
Barrick’s US$2 Billion Lumwana Expansion Nears Key Milestone as New Copper Mill Takes Shape 7 Mining in Zambia Copper Corporate News Economy 

Barrick’s US$2 Billion Lumwana Expansion Nears Key Milestone as New Copper Mill Takes Shape

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Barrick Advances US$2 Billion Lumwana Expansion Project, Paving Way for Major Copper Production Increase by 2028 Barrick Mining’s ambitious US$2 billion expansion of the Lumwana Copper Mine in Zambia is progressing on schedule, with construction of the project’s new processing mill approaching completion as the company moves closer to its goal of significantly increasing copper production. The expansion project, one of the largest mining investments currently underway in Africa, is expected to transform Lumwana into a major long-life copper operation. Once completed, the project will more than double annual copper… Read More Here
Alphamin Signs Deal to Supply Bisie Tin to New US Smelter 8 Mining in DRC Corporate News Tin 

Alphamin Signs Deal to Supply Bisie Tin to New US Smelter

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Alphamin to Supply Up to 3,600 Tonnes of Tin a Year From DRC to US Smelter Alphamin Resources has agreed to supply tin concentrate from its Bisie mine in eastern Democratic Republic of Congo (DRC) to Nathan Trotter & Co., giving the Congolese mine a new outlet in the United States. Under the initial two-year agreement, announced on 9 November 2026, Alphamin will allocate concentrate containing up to 3,600 tonnes of tin annually. At the maximum allocation, the deal would account for 18% of Alphamin’s annual production guidance of 20,000… Read More Here
Zambia Pledges Support for KCM Expansion as Mine Pushes for Local Sourcing 9 Mining in Zambia Copper Corporate News Investment News 

Zambia Pledges Support for KCM Expansion as Mine Pushes for Local Sourcing

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Zambia Backs Konkola Copper Mines Expansion and Welcomes Vedanta Investment The Zambian government has pledged to support the expansion of Konkola Copper Mines (KCM), while the copper producer is encouraging its suppliers to manufacture more of the goods they sell to the mine in Zambia. Newly appointed Industry Minister Noel Nkoma made the pledge during a courtesy call by KCM Board Chairperson Dr Moses Banda and Pushpender Singla, President for Strategy and Growth at CTM/KCM. Nkoma welcomed Vedanta Resources’ investment in KCM and said that since its return, the company… Read More Here
Zambia’s New Mines Minister Calls on ZCCM-IH to Help Deliver 2031 Copper Target 10 Mining in Zambia Copper Economy Investment News 

Zambia’s New Mines Minister Calls on ZCCM-IH to Help Deliver 2031 Copper Target

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New Zambia Mines Minister Brenda Tambatamba Urges ZCCM-IH to Help Reach 3 Million Tonnes of Copper a Year by 2031 Zambia’s new Minister of Mines and Minerals Development, Brenda Tambatamba, has urged ZCCM Investments Holdings (ZCCM-IH) to define how it will help the country produce three million tonnes of copper annually by 2031. Speaking during a familiarisation visit to the company’s head office in Lusaka on 10 November, Tambatamba said ZCCM-IH should use its mining investments and technical expertise to advance the government’s Grow Zambia Agenda. She called on management… Read More Here

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