Zambia to Launch Nationwide Mineral Mapping Project 1 Mining in Zambia Exploration News in Brief 

Zambia to Launch Nationwide Mineral Mapping Project

Zambia’s Acting Mines and Minerals Development Minister, Chipoka Mulenga has unveiled a nationwide initiative to comprehensively survey and map the country’s abundant mineral reserves. This strategic effort is aimed at providing the Zambian government with an in-depth understanding of its diverse mineral deposits. Highlighting progress, Mr. Mulenga announced the completion of geological surveys at Mpika district’s Kanyelele Gold Mine, conducted to assess the extent and potential of mineral resources in the area. He noted that the finalization of a detailed report on these findings is underway. Addressing the National Assembly,… Read More Here
DRC Government Unveils $60M Strategic Plan for Mineral Exploration and Certification 2 Mining in DRC Exploration 

DRC Government Unveils $60M Strategic Plan for Mineral Exploration and Certification

The Government of the Democratic Republic of Congo (DRC) has devised and approved a comprehensive national strategic plan aimed at exploring and certifying mineral reserves across the country. Valued at $60 million, this strategic initiative aims to provide the state with accurate and certified data concerning the nation’s mineral wealth. President Félix Tshisekedi hailed the launch of this project during his address to the Congolese parliamentarians gathered in Congress on Tuesday, November 14, 2023. He emphasized that concerted efforts were undertaken to eliminate uncertainties surrounding mineral reserves and enhance geological… Read More Here
Anglo American Finalizes Joint Venture, Progresses Exploration in Zambia 3 Mining in Zambia Copper Exploration 

Anglo American Finalizes Joint Venture, Progresses Exploration in Zambia

Global mining company Anglo American has confirmed it is progressing early-stage copper exploration at a number of licences in Zambia’s North-Western Province, following completion of the formation of its joint venture with a subsidiary of Arc Minerals Ltd (“Arc”). Under the terms of the joint venture agreement, which recently completed following satisfaction of the outstanding conditions (including regulatory approvals), Anglo American has a right to retain 70% of the joint venture company subject to meeting certain exploration commitments and payments to Arc. Exploratory drilling at one of the key joint… Read More Here
Zambia's Minister of Mines Highlights Commitment to Sustainable Exploration & Mining 4 Mining in Zambia Copper Events & Expos Exploration 

Zambia’s Minister of Mines Highlights Commitment to Sustainable Exploration & Mining

Zambia, like many countries, is navigating the transition towards a more sustainable and environmentally conscious future. In this context, the demand for critical minerals is anticipated to increase. To address this forthcoming shift, the Zambian government has undertaken a series of policy adaptations aimed at fostering a sustainable mining industry. This commitment was delivered in a speech by Gerald Mwila, representing Hon. Paul C. Kabuswe, Minister of Mines and Mineral Resources, during the 16th Annual Explorer’s Forum. The forum was held under the theme “Improving Exploration to Develop Sustainable Mining… Read More Here
Arc Minerals Completes a JV Agreement with Anglo American and Starts Exploration in Zambia 5 Mining in Zambia Exploration 

Arc Minerals Completes a JV Agreement with Anglo American and Starts Exploration in Zambia

Arc Minerals is pleased to announce that the substantive regulatory conditions precedent with regards to its Joint Venture Agreement with a subsidiary of Anglo American plc (“Anglo American”) as previously announced (the “JVA”) have been satisfied. Arc further announces that the parties have completed the subscription of shares in the joint venture company resulting in a 70% interest having been acquired by Anglo American and a 30% interest having been acquired by Unico Minerals Ltd, a 67% subsidiary of Arc Minerals Ltd. In addition, Arc is pleased to confirm that… Read More Here
KoBold Metals Aims to Revolutionize Copper Mining in Zambia 6 Mining in Zambia Battery Metals Cobalt Copper Exploration 

KoBold Metals Aims to Revolutionize Copper Mining in Zambia

KoBold Metals, backed by a group of influential billionaires, including Bill Gates and Jeff Bezos, has unveiled ambitious plans to establish a copper-cobalt mine in Zambia within the next decade. The California-based company, which allocated $150 million to the Mingomba project earlier this year, intends to explore additional copper deposits at this site, hailed as the world’s highest-grade undeveloped copper resource. KoBold, boasting the world’s leading mining company, BHP, among its shareholders, anticipates completing further exploration at the property in the coming year. Mfikeyi Makayi, CEO of KoBold Metals, remarked,… Read More Here
Japan Expands Critical Mineral Exploration Partnerships in Africa to Diversify Supply Chain 7 Mining in DRC Angola Battery Metals Exploration Mining in Zambia Partnership 

Japan Expands Critical Mineral Exploration Partnerships in Africa to Diversify Supply Chain

In a strategic effort to reduce dependency on China for crucial minerals essential in high-tech industries, Japan has inked agreements with five African nations. The agreements were signed to facilitate the exploration and extraction of critical minerals like rare earths, cobalt, lithium, and nickel, aiding Japan’s drive to secure its supply chain. Minister of Economy, Trade and Industry Yasutoshi Nishimura, accompanied by Ichiro Takahara, Chairman and CEO of Japan’s state-owned Organization for Metals and Energy Security, embarked on a week-long journey to Namibia, the Democratic Republic of the Congo (DRC),… Read More Here
Xtract to earn-in on two copper licenses in Zambia 8 Copper Exploration Mining in Zambia New Mining Projects 

Xtract to earn-in on two copper licenses in Zambia

London-listed Xtract Resources has entered into a joint venture (JV) agreement with Cooperlemon Consultancy to explore for copper on two large-scale licences in the northwest of Zambia. The two exploration licences are located within the Western Foreland geological district that hosts the prolific Kamoa-Kakula deposit and the Central Fold, as well as the Thrust Belt, which all have acute competition for exploration licences. The two licences in question cover a combined 107 000 ha and are believed to contain high-grade Kamoa-style mineralisation at depth and lower grade bulk tonnage closer to surface. Chairperson Colin Bird states that there may also be Kolwezi-style… Read More Here
JEM Makes Groundbreaking Gold Discovery in Mwinilunga, Zambia 9 Gold Exploration Mining in Zambia 

JEM Makes Groundbreaking Gold Discovery in Mwinilunga, Zambia

JEM, a Zambian emerging mining company, has proudly unveiled a groundbreaking achievement in one of their smaller mineral exploration projects in the rich region of Mwinilunga, North Western Zambia. After meticulous efforts and unwavering dedication, JEM’s team of skilled geologists and experts successfully completed the geological interpretation of the site. The result of their latest Drilling Campaign has been extraordinary – a significant inferred resource of 205,000 ounces of precious gold has been discovered. Moreover, there are promising signs of a valuable Cu & Co body in the vicinity. Despite… Read More Here
Zambia's Copper Sector Poised for Growth with Increased Exploration Investment 10 Mining in Zambia Copper Economy Exploration 

Zambia’s Copper Sector Poised for Growth with Increased Exploration Investment

Zambia, a landlocked nation in Southern Africa, is renowned for its significant copper production. Ranking 7th globally and 2nd in Africa after the Democratic Republic of Congo, Zambia’s mining sector has immense potential for growth. Recent changes in the mining industry, particularly increased investment in exploration, are expected to propel Zambia’s copper industry to higher global rankings. In this article, we explore the exciting prospects that lie ahead for Zambia and the role of exploration in unlocking its copper resources. Zambia’s abundant copper reserves have established it as a prominent… Read More Here

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