FQM Partners with Banks to Expand Financing for Zambian Suppliers 1 Mining in Zambia Economy 

FQM Partners with Banks to Expand Financing for Zambian Suppliers

FQM Partners with Five Banks to Improve Financing Access for Zambian Mining Suppliers First Quantum Minerals (FQM) has partnered with five commercial banks to improve access to financing for Zambian-owned companies supplying goods and services to the mining industry. The initiative has been welcomed by the Association of Mine Suppliers and Contractors, which says improved access to affordable credit could enable more local businesses to compete for contracts and expand their operations. FQM recently signed a memorandum of understanding with Zanaco, First National Bank (FNB), Absa, Stanbic Bank and Inde… Read More Here
Zambia Pushes Local Jobs, Procurement and Mining Opportunities in North-Western Province 2 Mining in Zambia 

Zambia Pushes Local Jobs, Procurement and Mining Opportunities in North-Western Province

Government Steps Up Support for Local Businesses and Small-Scale Miners in North-Western Zambia The Zambian Government is seeking to increase local participation in mining activities in North-Western Province by expanding opportunities for local employment, procurement and small-scale mining. Authorities have directed Kalengwa Mine to prioritise the employment of local people and increase the procurement of goods and services from Zambian suppliers. The Government is also encouraging greater participation of local people in mining activities at Kikonge Mine, including through increased access to mining licences. Small-scale miners are set to receive… Read More Here
Patriot Resources Begins Copper Exploration at New Mkushi Licence in Zambia 3 Mining in Zambia Copper Exploration New Mining Projects 

Patriot Resources Begins Copper Exploration at New Mkushi Licence in Zambia

Patriot Resources Identifies Promising Copper Geology at New Zambia Exploration Licence Australian mining company Patriot Resources has completed its first site visit and reconnaissance geological mapping programme at a newly acquired exploration licence in Zambia’s Mkushi area, identifying geological features comparable to those associated with the Fishtie/Kashime copper deposit. Licence 33543-HQ-LEL covers approximately 16.15 square kilometres and is located about 12 km north of Mkushi, roughly 17 km along strike from the Fishtie/Kashime copper deposit. The mapping programme was conducted between July 31 and August 3, shortly after Patriot acquired… Read More Here
DRC-Zambia Advance $850 Million Luapula Corridor Project 4 Mining in DRC Mining in Zambia 

DRC-Zambia Advance $850 Million Luapula Corridor Project

DRC and Zambia Advance $850 Million Luapula Corridor to Strengthen Regional Trade The Democratic Republic of Congo (DRC) and Zambia are advancing plans for an estimated $850 million infrastructure corridor designed to strengthen trade, transport links and economic integration between the two countries. The project is centred on the Luapula River, which forms part of the border between DRC and Zambia. It is expected to combine transport infrastructure with improved cross-border connectivity, creating a more efficient route for the movement of goods between the two markets. The corridor is strategically… Read More Here
Zambia Miners Seek Stronger Policy Support to Unlock Copper Growth 5 Mining in Zambia Copper Economy 

Zambia Miners Seek Stronger Policy Support to Unlock Copper Growth

Zambia Miners Seek Policy Support, Power and Investment to Triple Copper Production As Zambia heads towards the August 13 general elections, the country’s mining industry is calling for policies that can accelerate investment and help deliver its ambitious target of producing 3 million tonnes of copper annually by 2031. Mining companies and industry stakeholders are seeking stronger incentives for mineral processing, renewed exploration, improved infrastructure and increased power generation. These measures are viewed as critical to expanding production and attracting the investment needed to position Zambia as a leading global… Read More Here
Zambia Turns to Botswana for Lessons on Mining Local Content 6 Mining in Zambia 

Zambia Turns to Botswana for Lessons on Mining Local Content

Zambia Looks to Botswana for Lessons as Mining Local Content Rules Take Effect Zambia is looking to lessons from Botswana as it seeks to strengthen local participation in mining and ensure that the sector generates greater economic benefits for Zambian businesses. The move comes as Zambia implements its Geological and Minerals Development (Local Content) Regulations, 2025, which took effect in January 2026 and require mining companies to prioritise local suppliers while progressively increasing procurement from qualifying Zambian businesses. However, the success of the framework will depend on whether local companies… Read More Here
Zambia Moves Ahead with 300MW Coal-Fired Power Plant in Sinazongwe 7 Mining in Zambia Energy 

Zambia Moves Ahead with 300MW Coal-Fired Power Plant in Sinazongwe

Zambia to Develop 300MW Coal-Fired Power Plant as ZCCM-IH Targets Energy Security Zambia is moving forward with plans to develop a 300MW coal-fired thermal power plant in Sinazongwe District, as the country seeks to strengthen electricity supply and reduce its heavy reliance on hydropower. The project is being developed through Ever Great Energy Company Limited, a special-purpose vehicle involving ZCCM Investments Holdings (ZCCM-IH) and Wonderful Group Services Limited. Under an agreement signed on June 1, 2026, ZCCM-IH will acquire a 30% stake in Ever Great for approximately US$54.2 million. The… Read More Here
KCM Breaks 10,000-Tonne Monthly Copper Production Milestone 8 Mining in Zambia Copper Corporate News 

KCM Breaks 10,000-Tonne Monthly Copper Production Milestone

KCM Hits 10,000 Tonnes of Monthly Copper Production as $662 Million Local Procurement Boosts Zambia’s Mining Sector Konkola Copper Mines (KCM) has achieved a major production milestone, with monthly copper output reaching 10,000 tonnes as the Zambian mining company advances a wide-ranging transformation programme. The milestone marks a significant improvement from KCM’s previous monthly production range of approximately 8,000 to 8,500 tonnes, highlighting the impact of investment in mine rehabilitation, infrastructure, technology and people. KCM Chief Corporate Affairs Officer Dr John Kunda said the production gains form part of the… Read More Here
Solution for Africa Selected for $57.6 Million Solar Projects in Zambia 9 Mining in Zambia Corporate News Energy 

Solution for Africa Selected for $57.6 Million Solar Projects in Zambia

Solution for Africa Provisionally Wins $57.6 Million in Three Zambia Solar Contracts French renewable energy company Solution for Africa has been provisionally selected for three solar power contracts in Zambia with a combined value of approximately $57.6 million, marking another step in the country’s efforts to expand renewable energy generation. The contracts cover the development of solar photovoltaic (PV) projects designed to increase electricity supply and support Zambia’s efforts to diversify its energy mix. The provisional selection follows a competitive procurement process and remains subject to the completion of the… Read More Here
Tertiary Minerals Appoints Lorenz Werndle as Non-Executive Director 10 Mining in Zambia Corporate News Mining Personality 

Tertiary Minerals Appoints Lorenz Werndle as Non-Executive Director

Tertiary Minerals Appoints Lorenz Werndle to Board as Donald McAlister Steps Down Tertiary Minerals has appointed Lorenz Werndle as an independent Non-Executive Director, strengthening its board as the mineral exploration company advances its portfolio in southern Africa and other key markets. Werndle joins the board with immediate effect and will replace Donald McAlister, who is stepping down on 4 August 2026 after more than 25 years with the company due to other full-time work commitments. Werndle currently serves as Chief Financial Officer of Kavango Resources and brings extensive experience in… Read More Here

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