Investment News - Copperbelt Katanga Mining

ZCCM-IH Backs 600MW Power Project to Strengthen Zambia's Energy Security and Drive Growth 1

ZCCM-IH Invests US$54.2 Million in 600MW Power Plant to Boost Zambia’s Energy Security and Support Mining Growth LUSAKA, Zambia – June 1, 2026 – ZCCM Investments Holdings Plc (ZCCM-IH) has announced a major investment in Zambia’s energy sector through the development of a 600MW thermal power plant in Sinazongwe District, Southern Province, aimed at addressing the country’s power deficit, enhancing energy security, and supporting economic growth. The project will be developed through a special purpose vehicle, Ever Great Energy Company Limited (Ever Great), a joint venture between ZCCM-IH and Wonderful… Read More Here

Mining in Zambia Copper Corporate News Investment News

Jubilee Metals Secures $1.5m Investment to Accelerate Zambia Copper Expansion

May 29, 2026May 29, 2026 Constance0 comment

Jubilee Metals Advances Molefe Copper Growth Strategy with New Funding Investment Zambia-focused integrated copper producer and resource developer Jubilee Metals, listed on both the AIM and AltX, has secured a $1.5 million unsecured convertible loan note to accelerate development across the greater Molefe region. The investment comes from an undisclosed backer with a strong track record in copper project development, including involvement in Mantos Copper and its subsequent merger with Capstone Copper. Jubilee Metals said the funding reflects strong investor confidence in its copper exploration and mining strategy in Zambia,… Read More Here

Mining in Zambia Investment News

ZCCM-IH AND WONDERFUL GROUP LAUNCH $30 MILLION INVESTMENT TO REVIVE NDOLA LIME

May 27, 2026May 27, 2026 Constance0 comment

ZCCM-IH and Wonderful Group Invest $30 Million to Restore Ndola Lime Production and Develop Integrated Cement Facility ZCCM Investments Holdings Plc (ZCCM-IH) has entered into a strategic joint venture with Wonderful Group of Companies Limited to restore industrial-scale lime production in Ndola and develop a new integrated lime and cement manufacturing facility on the Copperbelt. The partnership marks a major step in the revival of one of Zambia’s oldest industrial operations and reinforces efforts to strengthen local supply chains supporting the mining, construction and agricultural sectors. Under the agreement, the… Read More Here

Mining in Zambia Economy Investment News

ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy

May 15, 2026May 15, 2026 Constance0 comment

ZCCM-IH to increase minority stakes in Zambia copper mines under commercial terms as it expands royalty-based revenue model Zambia’s state-owned investment company ZCCM Investments Holdings (ZCCM-IH) plans to increase its minority stakes in selected mining assets, with any adjustments to be made strictly on commercial terms rather than through compulsory or forced divestments, according to Chief Executive Officer Kakenenwa Muyangwa. The move reflects a broader trend across African resource-rich economies seeking to secure a greater share of revenues from their mineral wealth, particularly as global demand for critical minerals accelerates… Read More Here

Mining in DRC Investment News Lithium New Mining Projects

DRC Pushes Forward With US$2 Billion Manono Lithium Project

May 10, 2026May 10, 2026 Constance

DR Congo Advances US$2 Billion Manono Lithium Project to Boost Local Processing and Jobs The Democratic Republic of the Congo is accelerating the development of the US$2 billion Manono lithium project in Tanganyika Province as the government pushes to strengthen local mineral processing, infrastructure development, and job creation in the country’s growing battery minerals sector. Minister of Mines Louis Watum Kabamba met with officials from MANONO LITHIUM SAS on Thursday, May 7, 2026, for a working session focused on the progress and implementation of the strategic lithium project. During the… Read More Here

Mining in Zambia Copper Investment News New Mining Projects

KoBold Metals Launches Construction of Zambia’s Largest Copper Mine

April 30, 2026May 5, 2026 Constance

KoBold Metals Breaks Ground on $2.3 Billion Mingomba Copper Mine in Zambia, Boosting Output Ambitions KoBold Metals, a U.S.-based exploration company backed by investors including Bill Gates and Sam Altman, has officially begun construction of the Mingomba copper mine in Zambia, marking one of the largest mining investments in the country’s history. The project, valued at more than $2.3 billion, is expected to become Zambia’s largest copper mine. Once fully operational, Mingomba is projected to produce over 300,000 tonnes of copper per year, placing it among the top producers on… Read More Here

Mining in Zambia Energy Investment News

Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security

April 26, 2026April 26, 2026 Constance

Zambia Expands Power Generation with $1.5 Billion Chinese Investment to Boost Energy Security and Regional Supply Zambia has secured a $1.5 billion investment from China Machinery Engineering Corporation (CMEC) to expand its electricity generation capacity by 900 megawatts (MW), in a major step toward strengthening national energy security and supporting long-term infrastructure development. The agreement, signed with the Zambia Development Agency, supports the country’s broader target of reaching 10,000 MW of installed power capacity by 2031. It comes as Zambia continues to face electricity shortages driven largely by prolonged droughts,… Read More Here

Mining in DRC Investment News

DRC Launches EU-Funded Skills and Trade Modernisation Projects to Strengthen Lobito Corridor Integration

April 26, 2026April 26, 2026 Constance

DRC Launches €11 Million EU-Backed Projects to Boost Skills, Digital Trade, and Lobito Corridor Development The Government of the Democratic Republic of Congo has taken a significant step in its economic modernisation agenda with the official launch of two strategic projects linked to the Lobito Corridor, aimed at strengthening trade facilitation and developing human capital. The initiatives were launched by the Minister of State in charge of Vocational Training and Trades, Marc Ekila Likombo, during a ceremony attended by European Union representatives and technical development partners. €11 Million Investment in… Read More Here

Mining in Zambia Copper Investment News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

April 25, 2026April 25, 2026 Constance

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper Mines to Angola Port The Africa Finance Corporation (AFC) and the African Development Bank (AfDB) have each committed $500 million toward the development of the Lobito Corridor railway project, a strategic infrastructure link designed to connect Zambia’s copper-rich regions to global markets through the Angolan port of Lobito. In addition, Italy will contribute approximately $320 million to the project, according to AFC Executive Director and Chief Investment Officer Sameh Shenouda, who made the announcement at… Read More Here

Mining in Zambia Copper Exploration Investment News

BHP Expands Copper Exploration in Zambia Amid Rising Global Demand

April 22, 2026April 22, 2026 Constance

BHP Expands Copper Exploration in Zambia as Global Demand for Critical Minerals Surges Global mining giant BHP is increasing its exploration efforts in Zambia as part of a broader regional campaign to identify large-scale copper deposits, highlighting renewed international interest in the country’s mineral potential. Zambia, Africa’s second-largest copper producer after the Democratic Republic of Congo, is seeking to significantly expand its copper output over the coming decade and is actively encouraging foreign investment to unlock underexplored resources. BHP’s renewed engagement marks a strategic shift after the company reduced its… Read More Here