Economy - Copperbelt Katanga Mining

MULTI-MILLION DOLLAR SPENDING PLANS UNVEILED AS FQM REPORTS 2025 COPPER PRODUCTION FIGURES 1

Copper production at First Quantum Minerals’ Kansanshi mine in Solwezi rose by almost 6 percent to 181,000 tonnes last year – the highest production since 2021 – according to preliminary figures from the company release to investors this week. The company also unveiled a multi-million-dollar capital investment programme for its Zambian operations over the next three years, a move expected to benefit local suppliers, contractors and host communities. Kansanshi’s output for 2025 increased by 10,000 tonnes compared with the 171,000 tonnes produced in 2024, boosted by 25,000 tonnes of production… Read More Here

Mining in Zambia Copper Economy

Copper Boosts Zambia’s Stock Market to Global Top Performers

January 18, 2026January 18, 2026 Constance

Zambia’s Lusaka Securities Exchange Among World’s Best-Performing Markets on Copper Rally Thanks to soaring copper prices, Zambia now boasts one of the world’s best-performing stock markets, highlighting the nation’s growing prominence in global financial circles. The Lusaka Securities Exchange (LSE) benchmark index has risen approximately 17% in U.S. dollar terms in 2026, trailing only Bulgaria among global stock markets. Other markets posting double-digit gains include Colombia, South Korea, and Turkey, while Nigeria recorded an 8% increase. The rally reflects Zambia’s primary export commodity, copper, which has surged to consecutive record… Read More Here

Gold Economy International

Mali’s Gold Production Slumps in 2025 Amid Mining Disputes

January 18, 2026January 18, 2026 Constance

Mali Gold Output Falls 22.9% in 2025 as Barrick Suspension and Mining Reforms Disrupt Production Mali’s industrial gold production declined by 22.9 per cent in 2025, largely due to the prolonged suspension of Barrick Mining’s operations amid a dispute over tougher mining regulations, according to provisional data from the Ministry of Mines. The West African nation, one of Africa’s leading gold producers, has been implementing reforms aimed at increasing state revenue and local value capture under a new mining code introduced in 2023. As part of the reform process, a… Read More Here

Mining in Zambia Economy

Zambia Expands Investment Outreach Through New China–SCO Trade Platforms

January 18, 2026January 18, 2026 Constance

Zambia Deepens China Trade Ties as New Investment Platforms Open Access to SCO and Greater Bay Area Markets Zambia has intensified efforts to strengthen investment and trade cooperation with China, unveiling new platforms aimed at connecting the country to investors across the Greater Bay Area and the wider Shanghai Cooperation Organisation (SCO) economic bloc. The platforms were officially launched in Guangzhou by Zambian Ambassador to China Mr Ivan Zyuulu, who presided over the inauguration of the China–SCO Economic and Trade Exchange Centre and the Guangdong and Macao Development Platform. The… Read More Here

Copper Economy Mining in Zambia

Mining Reforms Put Zambia on Track for Copper Production Milestone

January 16, 2026January 16, 2026 Constance

Zambia’s Mining Sector Accelerates Toward 2031 Copper Production Target The Government of Zambia has expressed confidence that the country will achieve its national target of producing three million metric tonnes of copper annually by 2031, citing sustained policy reforms and renewed momentum in the mining sector. Permanent Secretary in the Ministry of Mines and Minerals Development, Dr Hapenga Kabeta, said the optimism is driven by progressive policy measures, the revitalisation of major mining operations, growing investor confidence, and expansion projects being implemented by several mining companies across the country. Dr… Read More Here

Mining in Zambia Economy

Zambia Releases K22.1 Billion in December to Close 2025 Budget with Focus on Stability and Growth

January 15, 2026January 15, 2026 Constance

Zambia Disburses K22.1 Billion in December 2025 to Fund Public Services, Debt Payments and Capital Investment The Government of the Republic of Zambia released K22.1 billion in December 2025 to finance public service delivery, debt obligations, social protection, and capital investment, effectively bringing the 2025 Budget implementation cycle to a close. The releases, executed through the Ministry of Finance and National Planning, underscore the Government’s commitment to fiscal discipline, debt sustainability, and macroeconomic stability, despite continued uncertainty in the global economic environment. According to the Ministry, the December disbursements were… Read More Here

Mining in Zambia Economy Oil & Gas

Zambian Ambassador Concludes Benguela Visit with Strategic Tour of Lobito Oil Refinery

January 15, 2026January 15, 2026 Constance

Zambia’s Ambassador to Angola Tours Lobito Oil Refinery, Boosting Regional Energy and Trade Links His Excellency Rev. Dr. Elias Munshya, Zambia’s Ambassador to Angola, concluded an official working visit to Benguela Province with a technical tour of the Lobito Oil Refinery, a flagship energy infrastructure project within the Lobito Corridor framework. The visit took place on Wednesday, January 14, 2026, and marked the final engagement of the Ambassador’s programme in Benguela, which aimed to strengthen strategic infrastructure links and enhance economic cooperation between Zambia and Angola. During the tour, Ambassador… Read More Here

Mining in Zambia Economy

Bank of Zambia Sets Deadline for Withdrawal of Old Banknotes

January 14, 2026January 14, 2026 Constance

Old Zambian Banknotes to Lose Legal Tender Status in 2026 as BOZ Confirms Exchange Deadline The Bank of Zambia has announced that all old banknotes will cease to be legal tender on April 1, 2026, marking the final phase of the country’s currency transition. The central bank said the exchange period for the old notes will officially end on March 31, 2026. The withdrawal follows the introduction of a new currency family in March 2025, comprising six banknotes and six coins, which have been circulating alongside the old currency during… Read More Here

Mining in Zambia Economy

Zambian Govt Hails Stronger Kwacha, Urges Businesses to Pass on Benefits to Consumers

January 13, 2026January 13, 2026 Constance

Zambian Kwacha Strengthens as Government Calls on Businesses to Lower Prices and Support Cost of Living Relief The Government has welcomed the continued appreciation of the Zambian Kwacha against major international currencies, describing the trend as a clear signal of growing confidence in the country’s economic fundamentals and the effectiveness of ongoing macroeconomic and fiscal reforms. In a statement issued on Tuesday, the Minister of Commerce, Trade and Industry, Hon. Chipoka Mulenga, MP, said the strengthening of the local currency reflects deliberate and sustained policy efforts under President Hakainde Hichilema’s… Read More Here

Mining in Zambia Economy

Zambia and Türkiye Deepen Economic Ties to Drive Investment and Growth

January 13, 2026January 13, 2026 Constance

Zambia and Türkiye Reaffirm Commitment to Boost Trade and Investment in Mining, Infrastructure and Agriculture Zambia and Türkiye have reaffirmed their commitment to strengthening bilateral economic cooperation following a high-level engagement between the Minister of Finance and National Planning, Dr Situmbeko Musokotwane, MP, and the Turkish Ambassador to Zambia, His Excellency Huseyin Barbaros Dicle. Ambassador Dicle paid a courtesy call on Dr Musokotwane at the Ministry of Finance and National Planning headquarters, where discussions focused on expanding sustainable investment partnerships across sectors of shared economic interest. The meeting underscored Zambia’s… Read More Here