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Category: Mining in Zambia

Paul Kabuswe Outlines Govt Geological Mapping Drive to Unlock Investment Opportunities 1 Mining in Zambia Exploration 

Paul Kabuswe Outlines Govt Geological Mapping Drive to Unlock Investment Opportunities

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Zambia Expands Nationwide Geological Mapping to Unlock Mineral Investment and Boost Infrastructure Development Former Minister of Mines and Minerals Development Paul Kabuswe says government is intensifying geological mapping activities across various parts of Zambia as part of efforts to identify new mineral resources and attract investment. Mr Kabuswe explained that the initiative is being implemented in regions including Western Province, where detailed surveys are expected to support future exploration and development of mineral-based projects. He noted that the geological mapping programme is intended to provide accurate data that can guide… Read More Here
Tazama Pipelines Declares Over K120 Million Dividend to Zambia as Profit Exceeds K180 Million 2 Mining in Zambia Oil & Gas 

Tazama Pipelines Declares Over K120 Million Dividend to Zambia as Profit Exceeds K180 Million

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Tazama Pipelines Reports Strong Financial Results, Declares Major Dividends to Zambia and Tanzania Tazama Pipelines Limited has declared a dividend of more than K120 million to the Government of Zambia, reflecting strong financial performance for the reporting period. Board Chairperson Professor Ephraim Munshifwa announced that the Government of Tanzania will also receive over K60.1 million in dividends, underscoring the cross-border nature of the pipeline company’s ownership structure. Professor Munshifwa further disclosed that the company recorded a profit exceeding K180.5 million during the period under review, highlighting improved operational efficiency and… Read More Here
Zambia Accelerates Mining Expansion as Kansanshi S3 Project Boosts Copper Production Outlook 3 Mining in Zambia Copper Economy 

Zambia Accelerates Mining Expansion as Kansanshi S3 Project Boosts Copper Production Outlook

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Zambia’s Mining Sector Attracts Billions in Investment as Kansanshi S3 Expansion Drives Copper Growth Ambitions Zambia’s mining sector is undergoing a significant transformation, driven by multi-billion-dollar investments aimed at expanding production capacity, developing new mining projects, and deploying advanced technologies to meet rising global demand for copper. As part of its long-term industrial strategy, the country is targeting annual copper production of three million metric tonnes by 2030, reinforcing its ambition to strengthen its role in the global energy transition, where copper remains a critical mineral. According to the Zambia… Read More Here
ZCCM-IH Moves to Revive London Listing as Zambia Pushes Mining Sector Reform 4 Mining in Zambia Economy Investment News 

ZCCM-IH Moves to Revive London Listing as Zambia Pushes Mining Sector Reform

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Zambia’s ZCCM-IH Plans London Listing Revival as It Expands Free Float and Upgrades Market Infrastructure Zambia’s state-linked mining investment firm, ZCCM Investments Holdings, is preparing to restore activity on the London Stock Exchange after a prolonged suspension of its secondary listing, marking a renewed push to re-engage international investors. The company’s London presence has been disrupted in recent years due to ongoing delays in financial reporting. Management is now advancing a broader reform programme aimed at stabilising disclosures, strengthening governance systems, and improving investor transparency. A central part of the… Read More Here
KCM Launches New Weighbridge at Nchanga Open Pit to Enhance Operational Efficiency and Safety 5 Mining in Zambia Copper Corporate News Infrastructural Development 

KCM Launches New Weighbridge at Nchanga Open Pit to Enhance Operational Efficiency and Safety

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Konkola Copper Mines Commissions US$135,000 Nchanga Open Pit Weighbridge to Improve Efficiency and Traffic Flow Konkola Copper Mines (KCM) Plc has commissioned a new US$135,000 weighbridge at the Nchanga Open Pit aimed at improving operational efficiency, enhancing traffic flow and supporting the movement of materials within the mine. The commissioning ceremony opened with a safety briefing by Sydney Chikwamo, Safety Manager for Hanhe, who stressed the importance of effective traffic management around the facility. He noted that increased truck movements require stronger safety measures to prevent incidents and ensure smooth… Read More Here
DRC–Zambia Battery Partnership Faces Crucial Test as Copperbelt Eyes Industrial Transformation 6 Mining in DRC Battery Metals Mining in Zambia 

DRC–Zambia Battery Partnership Faces Crucial Test as Copperbelt Eyes Industrial Transformation

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DRC and Zambia Push EV Battery Value Chain Plans as Investors Scrutinise Copperbelt Industrial Ambitions As policymakers, executives and investors gathered for the annual DRC Mining Week in Lubumbashi, attention once again turned to one of Africa’s most ambitious industrialisation initiatives: the effort by Zambia and the Democratic Republic of Congo (DRC) to develop an integrated electric vehicle (EV) battery value chain in the Copperbelt region. Four years after Presidents Félix Tshisekedi and Hakainde Hichilema signed the cooperation agreement in 2022, stakeholders increasingly assessed whether the initiative had moved from… Read More Here
Kansanshi Mining Empowers 17 SMEs with Equipment to Boost Local Enterprise in Solwezi 7 Mining in Zambia Corporate News Mining Equipment 

Kansanshi Mining Empowers 17 SMEs with Equipment to Boost Local Enterprise in Solwezi

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Kansanshi Mining Supports 17 SMEs with Business Equipment Under Solwezi Enterprise Development Programme Kansanshi Mining PLC has provided equipment and productive assets to 17 small and medium-sized enterprises (SMEs) in Solwezi under its SME Accelerator Programme, reinforcing the company’s commitment to supporting local entrepreneurship, job creation and sustainable economic development. The handover included a range of equipment tailored to the needs of participating businesses, including a block-making machine, generator, air compressor, 24 industrial sewing machines, solar power systems, transport solutions and other productive assets. The equipment is intended to help… Read More Here
Koryx Copper Advances Zambia Exploration as Mpongwe and Luanshya West Targets Take Shape 8 Mining in Zambia Copper Exploration New Mining Projects 

Koryx Copper Advances Zambia Exploration as Mpongwe and Luanshya West Targets Take Shape

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Koryx Copper expands Zambia exploration at Mpongwe and Luanshya West as soil anomalies and drill targets emerge TSX Venture Exchange-listed Koryx Copper is advancing systematic exploration across its Zambian copper assets, even as its flagship focus remains the Haib Copper Project in Namibia. The company says ongoing work in Zambia is aimed at refining drill targets and prioritising the most prospective geological zones. Koryx holds two large-scale exploration licences in Zambia: Luanshya West and Mpongwe. At Mpongwe, the company has completed approximately 4,000 soil samples (excluding QA/QC samples), forming the… Read More Here
Vedanta Raises Copper Investment Firepower Through Partial CopperTech Stake Sale 9 Investment News Copper Corporate News Mining in Zambia 

Vedanta Raises Copper Investment Firepower Through Partial CopperTech Stake Sale

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Vedanta sells 11.8% CopperTech stake to fund $372m expansion of Zambia’s Konkola Copper Mines UK-based Vedanta Resources is restructuring part of its asset portfolio to raise capital for expansion of its copper operations in Zambia, as global demand for the metal continues to strengthen. The company has announced plans to sell 11.8%, or approximately 23.5 million shares, in its US-based subsidiary CopperTech Metals Inc. The transaction is expected to generate net proceeds of up to $429 million, with around $372 million earmarked for investment in Zambia’s Konkola Copper Mines (KCM)… Read More Here
Atomic Eagle Secures Key Regulatory Approvals for Muntanga Uranium Project in Zambia 10 Mining in Zambia Corporate News New Mining Projects Uranium 

Atomic Eagle Secures Key Regulatory Approvals for Muntanga Uranium Project in Zambia

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Atomic Eagle obtains ZEMA approval and resettlement clearance for Zambia’s Muntanga uranium project, advancing development stage Australian-based uranium developer Atomic Eagle Limited has reached a major regulatory milestone at its flagship Muntanga Uranium Project in Zambia, securing two critical government approvals that significantly advance the project toward development. The company confirmed that the Zambia Environmental Management Agency (ZEMA) has approved the Environmental and Social Impact Assessment (ESIA) for the project. In addition, the Office of the Vice President’s Resettlement Division has issued a “No Objection” to the Resettlement Action Plan… Read More Here

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