You are here

Category: Mining in Zambia

SkyPower Global and ZESCO Sign Landmark 1000 MW Power Purchase Agreement in Zambia 1 Mining in Zambia Copper Electricity 

SkyPower Global and ZESCO Sign Landmark 1000 MW Power Purchase Agreement in Zambia

Constance0 comment
SkyPower Global, a renowned leader in large-scale solar energy solutions, and Zambia Electricity Supply Corporation (ZESCO) have sealed a groundbreaking 1000 MW Power Purchase Agreement (PPA). This significant milestone is a cornerstone of Zambia’s Integrated Renewable Energy Plan, aimed at substantially boosting the nation’s renewable energy capacity to foster sustainable growth. Zambia’s President, Hakainde Hichilema, hailed the Green Giant Zambia project as a vital component of the country’s renewable energy strategy, especially amidst the current climate-induced drought. The initiative seeks to ramp up Zambia’s renewable capacity to meet present and… Read More Here
ZESCO Expands Last Mile Connection Project to Boost Electricity Access in Lusaka 2 Mining in Zambia Electricity Energy 

ZESCO Expands Last Mile Connection Project to Boost Electricity Access in Lusaka

Constance0 comment
Amidst the ongoing challenges of load shedding, ZESCO Limited is leading efforts to strengthen community resilience in Lusaka through the Lusaka Transmission and Distribution Rehabilitation Project (LTDRP). The project, which initiated its Last Mile connections on March 11th, 2024, aims to address issues within the 400V low voltage distribution network. Matongo Maumbi, Company Spokesperson, underscored the significance of this critical phase in enhancing the reliability and flexibility of the network. The initiative targets eight key townships, including Mtendere East, Chainda, Kamanga, Ngwerere, Mandevu, Garden Compound, John Howard, and Chawama, benefiting… Read More Here
Copper’s new cycle: from women to the world 3 Uncategorized Copper Environment Social Governance (ESG) Mining in Zambia 

Copper’s new cycle: from women to the world

arnbethnic0 comment
A Kansanshi-supported value addition initiative has blossomed into a jewellery studio that’s building women’s careersIt’s 7am and 13 young women are seated around a table in the centre of Nsanshi Art’s spacious workshop, sunlight streaming through the wide windows. Clamps and jeweller’s saws and torches lie on workstations around them, waiting for the work day to start, when they will turn scraps of discarded copper into custom-made jewellery and other value-added products. These women are the latest students in Nsanshi Art’s two-year training programme, during which they will learn a set… Read More Here
Gemfields Introduces 'G-Factor for Natural Resources' to Enhance Transparency 4 Mining in Zambia Gemstones 

Gemfields Introduces ‘G-Factor for Natural Resources’ to Enhance Transparency

Constance0 comment
London-listed Gemfields has unveiled updated figures for its ‘G-Factor for Natural Resources’, designed to promote transparency in revenue sharing with host countries’ governments. The measure, introduced in July 2021, aims to provide a clear indicator of the percentage of revenue allocated to host governments in primary and direct taxes across various sectors, including mining, oil, gas, timber, and fishing. Gemfields’ recent report on the G-Factor computations for its key mining subsidiaries, the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique, reveals scores of 31% and 35%… Read More Here
Zambia's Zesco Seeks Power Imports to Mitigate Energy Deficit 5 Mining in Zambia Electricity Energy 

Zambia’s Zesco Seeks Power Imports to Mitigate Energy Deficit

Constance0 comment
Zambia’s state-owned electricity utility, Zesco, announced plans on Monday to import power in order to address an impending energy shortfall that threatens production in the nation, known as Africa’s second-largest copper producer. With 86% of its electricity sourced from hydropower stations, Zambia faces challenges due to a severe drought caused by El Nino, a weather phenomenon marked by abnormal warming of the waters in the eastern Pacific, resulting in global temperature fluctuations. Zesco anticipates a power generation deficit of 700 megawatts this year, prompting negotiations for additional electricity imports. These… Read More Here
CEC Renewables: Second Annual Report Highlights Achievements and Growth Outlook 6 Mining in Zambia Energy Green Energy 

CEC Renewables: Second Annual Report Highlights Achievements and Growth Outlook

Constance0 comment
In a recent update, CEC Renewables has shared its second annual report, covering the period from January 1, 2023, to December 31, 2023. This report showcases a year of remarkable achievements and outlines the company’s strategies for future growth in Zambia’s renewable energy sector. Key highlights from the report include the completion of the RSP project with a capacity of 34 MW, positioning it as one of the largest solar power plants in the country. Additionally, CEC Renewables established a dedicated management team and registered a USD 200 million Green… Read More Here
Copperbelt Energy Corporation PLC Announces Board Resignation and Appointment 7 Mining in Zambia Energy Mining Personality 

Copperbelt Energy Corporation PLC Announces Board Resignation and Appointment

Constance0 comment
Copperbelt Energy Corporation PLC (CEC) has made significant changes to its Board of Directors, in line with Section 3.59 of the LuSE Listing Requirements. The company has announced the resignation of Mr. Derek Chime as a director, effective April 2, 2024. Simultaneously, the Board is pleased to announce the appointment of Mr. Auke Lont as a director, also effective April 2, 2024. Mr. Lont brings with him a wealth of experience and expertise in the energy sector, having served as the Chief Executive Officer of Statnett, Norway’s national power transmission… Read More Here
ZCCM-IH Clarifies Misleading Claims Regarding Royalty Transactions with Kansanshi Mine 8 Mining in Zambia Copper Press Release 

ZCCM-IH Clarifies Misleading Claims Regarding Royalty Transactions with Kansanshi Mine

Constance0 comment
ZCCM Investments Holdings Plc (ZCCM-IH) has issued a statement to address recent misinformation circulating on social media platforms concerning its royalty transactions with Kansanshi Mine. The company unequivocally refutes the claims made in the video/audio content, asserting that they are misleading, inaccurate, and lacking factual basis. First and foremost, ZCCM-IH emphasizes that it is not a shareholder in First Quantum Minerals (FQM) Group. Instead, the company holds an interest in Kansanshi Mine, where FQM is the majority shareholder. It is crucial to understand that the figures presented in the misleading… Read More Here
Japanese Govt Pledges K38 Billion Investment in Zambia's Mining Sector 9 Mining in Zambia Copper Economy 

Japanese Govt Pledges K38 Billion Investment in Zambia’s Mining Sector

Constance0 comment
The Japanese Government has committed to invest K38 billion to support Japanese ventures in Zambia’s mining industry, aiming to bolster bilateral cooperation in this crucial sector. During a bilateral meeting held in Tokyo, Japan’s Minister of Economy, Trade and Industry, Saito Ken, expressed the Japanese Business Corporation’s keen interest in investing in Zambia’s mining industry. Vice Minister Taku Ishii further highlighted collaboration efforts between the Japan Organization for Metals and Energy Security (JOGMEC) and the Zambian Government on exploration projects. In response, Zambia’s Minister of Mines and Minerals Development, Paul… Read More Here
IMF Director Urges Zambia to Maintain Economic Momentum Amidst Climate Challenges 10 Mining in Zambia Economy 

IMF Director Urges Zambia to Maintain Economic Momentum Amidst Climate Challenges

Constance0 comment
During a meeting in Washington DC, IMF Managing Director Kristalina Georgieva underscored the importance for Zambia to sustain its economic transformation despite short-term setbacks caused by drought and climate change. Georgieva commended the country’s policy reforms, acknowledging them as driving forces for progress. She also praised Zambia’s recent deal with bondholders as a significant milestone in its economic recovery. Finance Minister Situmbeko Musokotwane expressed gratitude to the IMF for its support during economic challenges, emphasizing President Hichilema’s commitment to Zambia’s economic transformation. Musokotwane highlighted Zambia’s 5% annual GDP growth in… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.