Category: Copper

Zambia’s push to ramp up copper production must be matched by coordinated policy efforts across other critical sectors if the country is to achieve its broader economic development goals, says economic analyst Kelvin Chisanga. While mining remains the backbone of Zambia’s economy, Mr. Chisanga warned that national progress cannot rely on mining alone. He stressed the need to strategically align sectors such as health, tourism, manufacturing, agriculture, transport, and logistics to support and sustain projected mining gains. “Mining output targets demand similar policy interests, efforts, and patterns across other sectors.… Read More Here

The Advocates for National Development and Democracy (ANDD) say Zambia’s ongoing mining sector reforms are beginning to positively impact the economy, citing the recent appreciation of the Kwacha against the US dollar. ANDD Executive Director Samuel Banda attributed the currency’s recent rise to around 26.7 Kwacha per dollar in part to increased copper production. He praised recent progress in the mining industry, particularly the developments at Konkola Copper Mines (KCM), and commended Vedanta Resources for its commitment to clearing KCM’s legacy debts and outstanding payments to suppliers. Vedanta has confirmed… Read More Here