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Category: Mining in Zambia

Zambian Govt Reaffirms Support for Sustainable Artisanal Mining in Central Province 1 Mining in Zambia Artisanal mining 

Zambian Govt Reaffirms Support for Sustainable Artisanal Mining in Central Province

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Zambia Strengthens Artisanal Mining Regulation as Government Promotes Legal and Sustainable ASM Operations The Zambian government has reaffirmed its commitment to promoting lawful, organised, and sustainable artisanal mining, as part of broader efforts to formalise the sector and enhance its contribution to national development. Speaking during a courtesy call by Mercy Zulu, Assistant Director for Policy and Planning at the Ministry of Mines and Minerals Development, Milner Mwanakampwe, Permanent Secretary for Central Province, said the provincial administration will continue working closely with district authorities, traditional leaders, and security agencies to… Read More Here
French Delegation Explores Investment Opportunities at Kalumbila Multi-Facility Economic Zone 2 Mining in Zambia Corporate News 

French Delegation Explores Investment Opportunities at Kalumbila Multi-Facility Economic Zone

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French Embassy Delegation Visits Kalumbila MFEZ to Explore Investment Opportunities in Zambia’s Mining Supply Chain A high-level delegation from the Embassy of France in Zambia visited the Kalumbila Multi-Facility Economic Zone to explore investment opportunities, highlighting growing international interest in Zambia’s expanding mining and industrial supply chain. The visit was hosted by First Quantum Minerals through its Trident Project, reinforcing the mining company’s commitment to supporting sustainable economic growth in Zambia’s North-Western Province. Spanning more than 5,000 hectares, the Kalumbila Multi-Facility Economic Zone (MFEZ) has been developed as a regional… Read More Here
Zambia Assures Public of Stable Fuel Supply Amid Middle East Tensions 3 Mining in Zambia Oil & Gas Petroleum 

Zambia Assures Public of Stable Fuel Supply Amid Middle East Tensions

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Zambia Fuel Supply Secure Despite Middle East Conflict, Energy Minister Says The Zambian government has reassured citizens that escalating geopolitical tensions in the Middle East are not expected to have an immediate impact on the country’s fuel supply or pump prices. Speaking at a press briefing today, Makozo Chikote, Zambia’s Minister of Energy, said the country currently has sufficient petroleum reserves that were procured earlier at lower international prices. “In the short term, over the next month, Zambia is not expected to experience an immediate increase in pump prices because… Read More Here
Bridge Collapse Disrupts DRC’s Key Copper Export Route 4 Mining in DRC Copper Mining in Zambia Transport and Logistics 

Bridge Collapse Disrupts DRC’s Key Copper Export Route

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Flooding Collapses Bridge Near Zambia Border, Disrupting Congo’s Major Copper Export Route Severe flooding has cut off one of the Democratic Republic of Congo’s most important copper export routes after a bridge collapsed near the country’s southern border with Zambia. The damage has disrupted the movement of trucks carrying copper from the Central African copperbelt, a critical source of supply for global markets. The collapse occurred just south of the border crossing at Kasumbalesa Border Post, the busiest crossing point between the two countries and a vital gateway for copper… Read More Here
KCM Charts a New Era of Investment, Modernisation and Growth 5 Mining in Zambia Copper Corporate News 

KCM Charts a New Era of Investment, Modernisation and Growth

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Konkola Copper Mines Invests $600 Million, Creates 2,000 Jobs and Expands Underground Operations to Support Zambia’s Copper Ambitions Konkola Copper Mines (KCM) is entering a decisive new chapter focused on rebuilding, modernising and expanding its operations, as the company accelerates its turnaround strategy following the return of Vedanta Resources. Management has emphasised that KCM is not merely restarting production it is repositioning the business for long-term, sustainable growth anchored in underground development and operational excellence. Since Vedanta’s return, approximately USD 600 million has been invested into the business. The capital… Read More Here
Zambia Strengthens Energy Security with Approval of Two Strategic Cross-Border Pipelines 6 Mining in Zambia Oil & Gas Petroleum 

Zambia Strengthens Energy Security with Approval of Two Strategic Cross-Border Pipelines

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Zambia Approves Tanzania and Namibia Pipeline Projects to Boost Energy Security and Support Mining Growth Zambia has taken a significant step toward reinforcing its long-term economic resilience, with Cabinet approving the construction of two major cross-border energy projects: the Tanzania–Zambia Multi Products Pipeline and the Namibia–Zambia Refined Petroleum and Natural Gas Pipeline. These new corridors are designed to complement the existing TAZAMA Pipelines Limited infrastructure and diversify Zambia’s fuel import routes, reducing reliance on a single supply channel. Moving Beyond Single-Route Dependence Since its commissioning in the 1960s, the TAZAMA… Read More Here
FQM and ZICA Partner to Strengthen Accountant Training and Professional Standards in Zambia 7 Mining in Zambia Copper Corporate News Economy 

FQM and ZICA Partner to Strengthen Accountant Training and Professional Standards in Zambia

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First Quantum Minerals Signs MOUs with ZICA to Boost CA Zambia Training and CPD Access in North-Western Province First Quantum Minerals Ltd and the Zambia Institute of Chartered Accountants (ZICA) have signed two Memoranda of Understanding (MOUs) designed to enhance professional training, accreditation pathways, and continuous skills development for accountants in Zambia, with particular emphasis on the North-Western Province. The agreements were formalized at ZICA’s offices in Lusaka and are structured around two strategic pillars: Practical Training Accreditation and Enhanced Skills Development. Expanding Access to Structured Practical Training The first… Read More Here
Zambia’s Copper Rally Strengthens Mining Sector and Economic Outlook 8 Mining in Zambia Copper Economy 

Zambia’s Copper Rally Strengthens Mining Sector and Economic Outlook

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Copper Prices Surge Above $13,300 per Tonne, Boosting Zambia’s Mining Growth and Export Prospects Zambia’s mining sector is gaining renewed momentum as global copper prices climb, reinforcing the country’s export outlook and broader macroeconomic prospects. According to the latest data from the Zambia Extractive Industries Transparency Initiative (ZEITI) Commodity Price Dashboard, copper is currently trading at US$13,304 per tonne, representing an increase of more than 7% since the beginning of January. The sustained upward trend is delivering a measurable boost to mining revenues and reaffirming copper’s central role in the… Read More Here
Jubilee Metals Completes South Africa Exit, Shifts Strategic Focus to Zambia 9 Mining in Zambia Copper Corporate News 

Jubilee Metals Completes South Africa Exit, Shifts Strategic Focus to Zambia

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Jubilee Metals Sells South African Chrome and PGM Assets, Repositions Board and Capital Strategy Around Zambia Aim- and AltX-listed Jubilee Metals Group has completed the sale of its chrome and platinum group metals (PGM) operations in South Africa, marking a decisive shift in strategic focus toward its copper portfolio in Zambia. The disposal enables the company to concentrate capital and management resources on its expanding Zambian operations, which are increasingly central to its growth strategy. Board Realignment Toward Zambia and Copper Following the transaction, Jubilee’s board has resolved to progressively… Read More Here
Zambia to Launch Mining Revenue Stabilization Fund 10 Mining in Zambia Copper Economy 

Zambia to Launch Mining Revenue Stabilization Fund

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Zambia to Create “Rainy Day” Fund as Copper Revenues Surge Amid Record Production Zambia, Africa’s second-largest copper producer, will channel higher-than-expected mining revenues into a stabilization fund this year, creating a fiscal buffer to protect the economy when copper prices retreat. Secretary to the Treasury Felix Nkulukusa described the mechanism as a “rainy day” fund designed to capture excess mineral revenues as production climbs to record levels while prices remain near historic highs. Any mining revenue collected above budget projections will be deposited into the fund rather than immediately spent.… Read More Here

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