Mining in Zambia - Copperbelt Katanga Mining

KCM Launches Strategic Nchanga Smelter Upgrade to Accelerate Copper Production Growth

June 2, 2026June 2, 2026 Constance0 comment

KCM Begins 60-Day Nchanga Smelter Shutdown as Part of Ambitious Expansion and Modernization Plan Vedanta Resources-owned Konkola Copper Mines (KCM) has commenced a planned 60-day shutdown of its Nchanga Smelter in Zambia to undertake critical maintenance, and refurbishment works aimed at improving operational performance and supporting future production growth. The company announced that the shutdown, which began this month, forms part of a broader modernization strategy designed to enhance efficiency, reliability, and long-term sustainability across its operations. KCM produced 80,215 tonnes of copper in 2025, according to data from Zambia’s… Read More Here

Mining in Zambia Energy Investment News

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

June 1, 2026June 1, 2026 Constance0 comment

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 News in Brief

Trafigura Wins $92 Million Arbitration Award Against Zambia’s ZCCM-IH

May 30, 2026May 30, 2026 Constance0 comment

Zambia’s ZCCM-IH Ordered to Pay $92 Million to Trafigura in Copper Dispute Arbitration A London arbitration tribunal has ordered Zambia’s state-linked investment firm, ZCCM Investments Holdings Plc (ZCCM-IH), to pay approximately $92 million to global commodity trader Trafigura following a long-running dispute involving a prepayment agreement with Konkola Copper Mines. According to a statement released on the Lusaka Securities Exchange, the award includes $69.3 million in principal, $19.7 million in interest, as well as additional arbitration costs and legal fees in favor of Trafigura. ZCCM-IH said it is currently reviewing… 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 Copper Corporate News Exploration

Arc Minerals Resolves All Zambia Legal Disputes to Refocus on Copper Exploration Growth

May 28, 2026May 28, 2026 Constance0 comment

Arc Minerals Ends All Zambia Litigation Through Comprehensive Settlement, Clearing Path for Copper Exploration Expansion London-listed Arc Minerals has reached a comprehensive settlement agreement that fully resolves all outstanding legal disputes involving the company and several related entities in Zambia. The agreement brings to a close multiple litigation proceedings that had been ongoing across various Zambian courts and tribunals, allowing the company to focus on advancing its copper exploration and development projects in Zambia and Botswana. Comprehensive settlement agreement reached The settlement was signed between Arc Minerals, Handa Resources, Unico… Read More Here

Mining in Zambia Copper Corporate News

KCM Accelerates Recovery with US$600 Million Investment and Renewed Focus on Safety, Growth, and Copper Production

May 28, 2026May 28, 2026 Constance0 comment

Konkola Copper Mines Invests US$600 Million in Revitalization as Leadership Targets 300,000 Tonnes Copper Output by 2031 Konkola Copper Mines Group CEO Deshnee Naidoo has praised employees for their commitment and dedication, expressing confidence in the company’s recovery and long-term growth strategy during a Town Hall Meeting held at the Mine Club. The meeting focused on reinforcing safety standards, improving operational performance, and updating employees on the company’s ongoing transformation and revitalization agenda. Leadership emphasizes safety and accountability Addressing employees, Ms. Naidoo stressed the importance of teamwork, accountability, and continuous… 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 Copper Corporate News Economy Taxes

FQM Contributes $3.46 Billion to Zambia’s Economy in 2025

May 25, 2026May 25, 2026 Constance0 comment

First Quantum Minerals Reports $3.46 Billion Economic Contribution to Zambia Through Taxes, Jobs and Procurement in 2025 Canadian mining company First Quantum Minerals has reported a total economic contribution of approximately $3.46 billion to Zambia in 2025, according to its latest Tax Transparency and Economic Contributions Report. The report highlights the company’s significant role in the Zambian economy through taxation, employment, procurement, and community investment activities across its mining operations. During the year, First Quantum Minerals employed more than 12,000 people in Zambia and engaged over 11,500 contractors, while also… Read More Here

Copper Corporate News Mining in Zambia

KCM Restarts Chingola “B” Mine After 18-Year Shutdown in Major Zambia Copper Expansion Push

May 23, 2026May 23, 2026 Constance0 comment

Konkola Copper Mines Restarts Chingola B Mine After 18 Years as Zambia Targets 3 Million Ton Copper Output by 2031 Konkola Copper Mines (KCM) has resumed mining operations at its Chingola “B” Mine, marking the restart of activity after 18 years of closure. The move forms part of Zambia’s broader strategy to significantly scale up copper production as the country targets more than 3 million tonnes of annual output by 2031. The Chingola B Mine is located within the larger Nchanga mining complex and is expected to play a key… Read More Here

Mining in Zambia Economy Gold

ZCCM-IH Forms Gold Development Joint Venture for Kikonge Project in Zambia

May 23, 2026May 23, 2026 Constance0 comment

ZCCM-IH Launches Kyalo Goldfields JV to Develop Kikonge Gold Project and Expand Zambia’s Gold Value Chain ZCCM Investments Holdings Plc (“ZCCM Investments Holdings Plc”) has announced a major step forward in its gold sector expansion strategy following the incorporation of a new special purpose vehicle, Kyalo Goldfields Limited (“KGL”), to develop the Kikonge gold project in Zambia’s North Western Province. The announcement follows a memorandum of understanding signed on 19 December 2025 between ZCCM-IH, the Ministry of Mines and Mineral Development (“MOMMD”), and Mining Mineral Resources SAS (“MMR”) for the… Read More Here