Constance - Copperbelt Katanga Mining

Written by Constance

Zambia Details Strategic Economic Recovery and Governance Reforms

November 30, 2025November 30, 2025 Constance

Zambia Restores Investor Confidence with Fiscal Discipline and Sovereign Credit Upgrades Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has detailed the country’s economic recovery trajectory, highlighting how years of fiscal instability, governance challenges, and unsustainable borrowing have been addressed to restore national credibility and investor confidence. In a national statement, Dr. Musokotwane emphasized that recent sovereign credit rating upgrades by S&P Global Ratings and Fitch Ratings were the result of deep institutional reforms, not temporary economic improvements. He noted that Zambia is emerging from a period of… Read More Here

Mining in Zambia Electricity

Zambia Accelerates Energy Projects to Boost Electricity Supply and Reduce Load Shedding

November 30, 2025November 30, 2025 Constance

Zambia Advances 2,857MW Energy Pipeline to Strengthen Power Supply and Stability The Ministry of Energy has announced major progress in Zambia’s energy generation projects, reaffirming the government’s commitment to stabilizing electricity supply and reducing the impacts of load shedding. In a statement released on 30th November 2025, Minister of Energy Makozo Chikote highlighted the acceleration of a diverse portfolio of projects, including green city initiatives, rooftop solar installations, utility-scale renewable plants, and thermal (coal) energy developments. Completed Projects: 347MW of New Capacity The Ministry reports that 347MW of new generation… Read More Here

Mining in DRC Cobalt Copper

DRC Engages Japanese Delegation on Strategic Copperbelt Mineral Supply Chain Initiative

November 30, 2025 Constance

Japan Presents Master Plan to Strengthen DRC Copperbelt Mineral Supply Chain On Friday, November 28, 2025, the Government of the Democratic Republic of Congo (DRC) hosted a delegation of Japanese companies in Kinshasa to present a Master Plan aimed at structuring and securing the supply chain of critical minerals in the Copperbelt region, a key area spanning the DRC and Zambia. The Japanese initiative reflects a global push to diversify sources of minerals essential for the energy transition, particularly cobalt, copper, and germanium. Japan’s engagement signals a strategic move to… Read More Here

Mining in Zambia Oil & Gas

Zambia Greenlights $1.1 Billion Crude Oil Refinery in Strategic Industrial Partnership

November 30, 2025November 30, 2025 Constance

Zambia Issues $1.1 Billion License for Major Crude Oil Refinery to Boost Energy Security and Jobs In a landmark move for Zambia’s industrial and economic growth, the Zambia Development Agency (ZDA) has granted an investment license to China Zambia Petrochemical Corporation (CZPC) for a $1.1 billion crude oil refinery project. The venture is a strategic collaboration between Zambia’s state-owned Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin Corporation. The license handover underscores the government’s commitment to enhancing national industrial capacity and energy security. The planned refinery, with a capacity… Read More Here

Mining in Zambia Energy

Cabinet Approves Presidential Constituency Energy Initiative to Boost Solar Power Across Zambia

November 30, 2025November 30, 2025 Constance

Zambia Launches Presidential Constituency Solar Programme to Generate 312 MW Nationwide The Zambian Cabinet has approved the creation of the Presidential Constituency Energy Initiative and Programme, a landmark project designed to develop 2 MW solar farms in each of the country’s 156 constituencies, resulting in a total installed capacity of 312 MW. According to Chief Government Spokesperson Cornelius Mweetwa, the small-scale solar farms will leverage existing power substations, connection points, and suitable local sites for rapid deployment, ensuring efficient implementation across all constituencies. Funding and Implementation Strategy The initiative will… Read More Here

Mining in DRC Artisanal mining

Kasai-Central Launches New Effort to Strengthen Artisanal Mining and Boost Provincial Development

November 30, 2025November 30, 2025 Constance

Kasai-Central Takes Major Step to Revitalize Artisanal Mining Under New SAEMAPE Initiative The mining sector in Kasai-Central is preparing for a significant transformation. During a working visit to Kananga, the Director General of the Service for Assistance and Support of Artisanal and Small-Scale Mining (SAEMAPE), Jean-Paul Kapongo Kadiobo, unveiled a new initiative aimed at revitalizing artisanal mining and enhancing its contribution to provincial development. On Thursday, November 27, 2025, the governorate’s communications unit reported that Director General Kapongo was welcomed at the provincial administrative building by Governor Joseph-Moïse Kambulu Nkonko.… Read More Here

Mining in Zambia Copper Corporate News

FQM Reaffirms Commitment to Zambian Suppliers as Local Content SI 68 Takes Effect

November 30, 2025November 30, 2025 Constance

FQM Deepens Support for Zambian Suppliers as Local Content SI 68 Ushers in New Opportunities First Quantum Minerals (FQM) has reiterated its commitment to expanding opportunities for Zambian businesses through Local Content Statutory Instrument No. 68 (SI 68) — a policy aimed at increasing local participation in the mining supply chain. Speaking during the Mine Suppliers & Contractors Day in Kitwe, FQM executives emphasized that the company has long been investing in local procurement and supplier development, even before SI 68 came into force. Through structured capacity-building programs and expanded… Read More Here

International Copper

Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates

November 28, 2025November 28, 2025 Constance

UBS Predicts Copper at $13,000/Ton by 2026 Amid Supply Disruptions and Soaring Green Energy Demand According to new projections from UBS, copper prices could surge to $13,000 per ton by December 2026, driven by a dual shock: persistent disruptions in global mining operations and an unprecedented rise in demand fueled by the worldwide energy transition. A chart published by Mining Visuals shows a steady upward trend: $11,500 in March 2026, $12,000 in June, $12,500 in September, and a peak of $13,000 by year’s end. This continuous rise reflects growing pressure… Read More Here

Mining in DRC

Minister Watum Reports on Mining Sector Reforms in Greater Katanga

November 28, 2025November 28, 2025 Constance

DRC Mining Sector Transformation: Minister Louis Watum Highlights $100M Investments and Safety Reforms in Greater Katanga The Minister of Mines, Louis Watum, presented the findings of his recent mission to the Greater Katanga region, following incidents in Lubumbashi and Lualaba. The briefing, led by Government Spokesperson Patrick Muyaya on Thursday, November 27, 2025, focused on the theme: “Report on the Mission in Greater Katanga Regarding Recent Incidents in Lubumbashi and Lualaba.” Minister Watum described the Congolese mining sector, often referred to as the “Wild West,” as a complex mix of… Read More Here

International

Zimbabwe to Enforce Stricter Environmental Regulations in Mining Sector

November 28, 2025November 28, 2025 Constance

Zimbabwe Launches Responsible Mining Initiative Part 2 with Tougher Penalties for Environmental Violations Zimbabwe is set to implement one of its strictest enforcement regimes for the mining sector, with companies facing the loss of licences if they fail to meet environmental standards. The new phase of the Responsible Mining Initiative, dubbed Part 2, was announced by Mines and Mining Development Minister Winston Chitando. It will impose legally binding penalties on firms that neglect land rehabilitation or breach ecological regulations. In an interview Chitando emphasized that the framework is designed to… Read More Here