Mining in Zambia - Copperbelt Katanga Mining

Mining in Zambia Copper New Mining Projects

Mopani Copper Mines Begins Exploration Near Mufulira Mine

November 20, 2024November 25, 2024 Constance

Mopani Copper Mines has begun exploration activities around Mufulira Mine to extend its lifespan by an additional 30 years, beyond the current projection of 2034. Chief Executive Officer Charles Sakanya revealed the mining giant’s plans during a breakfast meeting with Finance and National Planning Minister Situmbeko Musokotwane in Kitwe. Mr. Sakanya emphasized that the ongoing explorations aim to identify the mineral potential of surrounding areas to secure the mine’s future. He also announced Mopani’s goal to ramp up copper production to a peak of 220,000 metric tonnes annually. Over the… Read More Here

Mining in Zambia Oil & Gas Petroleum

Zambia’s ERB Assures Stable Fuel Supply Amid Logistical Challenges

November 20, 2024November 20, 2024 Constance

The Energy Regulation Board (ERB) has assured Zambians of a stable fuel supply despite logistical challenges impacting fuel imports. ERB Director General Elijah Sichone stated during a media briefing in Lusaka that the country currently has adequate stocks of diesel and petrol. He acknowledged, however, that changes in transit fuel regulations in neighboring countries, particularly Zimbabwe, have disrupted transportation routes and slowed imports. Mr. Sichone revealed that as of November 15, 2024, a survey of 610 out of 617 retail fuel stations showed 82.1% were actively selling both diesel and… Read More Here

Mining in Zambia Infrastructural Development

Zambia Signs $110 Million Concession Agreement for Kasumbalesa Border Development and Township Roads

November 20, 2024November 20, 2024 Constance

The Zambian government has signed a $110 million concession agreement with Ndola-based ZMart Group of Companies for the development of a One-Stop Border Post at Kasumbalesa, alongside the construction of 20 kilometers of township roads in Chililabombwe and Chingola on the Copperbelt. Attorney General Mulilo Kabesha witnessed the signing, which includes plans for a 2,000-capacity truck park, a multi-facility economic zone, a fire station, 300 shops, a hotel, and a shopping mall. The agreement was signed in Ndola by Finance and National Planning Minister Situmbeko Musokotwane, Commerce, Trade, and Industry… Read More Here

Mining in Zambia Copper Economy

North-Western Province Leads Zambia’s Copper Boom and Economic Transformation

November 17, 2024November 17, 2024 Constance

Minister of Mines Paul Kabuswe has highlighted increased copper production in North-Western Province’s major mines as a testament to the sector’s robust growth. Speaking at a media briefing in Kalumbila District, Mr. Kabuswe revealed that Zambia’s annual copper production now stands at 810,000 metric tonnes. He expressed confidence that the country’s target of three million metric tonnes per year is achievable with the revival of Konkola Copper Mines (KCM) and Mopani Copper Mines, alongside new mining projects spearheaded by President Hakainde Hichilema. Mr. Kabuswe also dispelled rumors about Kansanshi gold… Read More Here

Mining in Zambia Copper Economy

Barrick Lumwana Mine to Double Copper Output by 2028

November 17, 2024November 17, 2024 Constance

Barrick Lumwana Mine is set to double its annual copper production from 120,000 metric tonnes to 240,000 metric tonnes by 2028, driven by the expansion of its Super Pit Mine. During a visit to the mine by a delegation of three Cabinet Ministers led by Minister of Mines and Mineral Development Paul Kabuswe, Barrick Lumwana Country Manager Anthony Malenga credited the anticipated growth to the government’s stable policy environment. Mr. Malenga highlighted the company’s dedication to local employment, noting that 99% of its workforce comprises Zambians, with 40% being community… Read More Here

Mining in Zambia Economy Partnership

Zambia and Eswatini Strengthen Economic Ties with Strategic Partnership

November 16, 2024November 16, 2024 Constance

The Zambia Development Agency (ZDA) and the Eswatini Investment Promotion Authority (EIPA) have reinforced their commitment to deepening economic cooperation through a newly signed Memorandum of Understanding (MoU). The agreement sets the stage for enhanced investment and trade relations between the two nations, focusing on institutional capacity-building and creating business linkages. Key areas of collaboration include investment promotion, trade facilitation, and the exchange of critical information on trade policies, regulations, and opportunities. The MoU also prioritizes fostering connections among small and medium-sized enterprises (SMEs) in Zambia and Eswatini, encouraging local… Read More Here

Mining in Zambia

Chinese Mining Firms Unite to Boost Zambia’s Mining Industry

November 16, 2024November 16, 2024 Constance

Chinese mining companies in Zambia have officially launched the Chinese Mining Enterprises Association in Zambia (CMEAZ) to enhance their contributions to the country’s mining sector. The launch event, held on Tuesday, was attended by Chinese Ambassador to Zambia Han Jing, senior Zambian government officials, and representatives from Chinese mining firms. Ambassador Han hailed the establishment of CMEAZ as a significant milestone in Sino-Zambian relations, which date back to Chinese investments in the Chambishi copper mine in 1998. He highlighted that over 20 Chinese mining companies operating in Zambia have collectively… Read More Here

Mining in Zambia Energy Events & Expos

Zambia and Zimbabwe to Host 2024 Summit on Sustainable Energy and Investment Opportunities

November 16, 2024November 16, 2024 Constance

From November 18-20, 2024, the Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will convene government leaders, private investors, and energy stakeholders in Victoria Falls under the theme Powering Zimbabwe and Zambia’s Sustainable Energy Future: Unlocking Opportunities in Renewables, Grid Modernization, and Energy Access. The summit, held under the patronage of Zimbabwe’s Ministry of Energy and Power Development and sponsored by the Zimbabwe Energy Regulatory Authority (ZERA), underscores the importance of regional partnerships for energy resilience. Zimbabwe and Zambia are intensifying efforts to attract investments in renewable energy sectors such as solar, geothermal,… Read More Here

Mining in Zambia Copper New Mining Projects

KoBold Metals to Begin Drilling on Zambia’s Dumbwa Copper Prospect in 2025

November 14, 2024November 15, 2024 Constance

Critical minerals startup KoBold Metals is set to commence drilling at Zambia’s Dumbwa copper prospect in early 2025, marking a strategic expansion in Africa’s critical minerals sector. CEO Mfikeyi Makayi shared the company’s plans with Energy Capital & Power at the recent Critical Minerals Africa Forum. Makayi highlighted that Dumbwa, located in northwestern Zambia, is one of KoBold’s prioritized exploration sites in the region. “We are leveraging machine learning and predictive analytics to reduce uncertainty and accelerate drilling at Dumbwa, moving beyond traditional geological methods,” Makayi stated. KoBold Metals is… Read More Here

Mining in Zambia Electricity Hydro power plant

Zambia Targets Hydropower Expansion to Power Mining Growth

November 14, 2024November 14, 2024 Constance

Zambia is advancing plans to harness alternative hydropower sources on the Zambezi River as part of a long-term strategy to meet the growing energy demands of its mining industry. At the recent Critical Minerals Africa 2024 summit, Sokwani William Chilembo, CEO of the Zambia Chamber of Mines, emphasized that hydropower projects in Zambia’s Northern Watershed will be prioritized due to the area’s resilience against droughts and El Niño conditions. “By developing hydropower in these regions, we can supplement it with coal from Lake Kariba’s southern shores and additional solar energy,”… Read More Here