Mining in Zambia - Copperbelt Katanga Mining

KoBold Metals Advances Mingomba Copper Project in Zambia

March 19, 2026March 19, 2026 Constance

KoBold Metals Begins Mingomba Copper Development in Zambia, Targets Early 2030s Production KoBold Metals, the mining firm backed by U.S. billionaires Jeff Bezos and Bill Gates, has officially commenced development of its Mingomba copper project in Zambia, with production targeted for the early 2030s. The development marks a significant step in Zambia’s efforts to expand copper output and strengthen its position in the global energy transition supply chain. The announcement follows closely on a separate regional development in which Burundi signed a three-year agreement with KoBold Metals and Lifezone Metals… Read More Here

Mining in Zambia Artisanal mining Gold

Zambia Strengthens Sustainable Gold Mining Through Landmark ZCCM-IH and planetGOLD Partnership

March 17, 2026March 17, 2026 Constance

Zambia Advances Mercury-Free Gold Mining with ZCCM-IH and planetGOLD MoU to Formalize Artisanal Sector Zambia has taken a decisive step toward transforming its artisanal and small-scale gold mining (ASGM) sector following the signing of a landmark Memorandum of Understanding (MoU) between ZCCM Investments Holdings Plc and the planetGOLD Zambia Project on March 17, 2026. The agreement signals a unified national commitment to promoting responsible, mercury-free gold mining while integrating artisanal miners into the formal economy. It also reflects a broader strategy to ensure that Zambia’s mineral wealth delivers sustainable and… Read More Here

Mining in Zambia Hydro power plant Mergers & Acquisitions Press Release

GLOBELEQ CONFIRMS ACQUISITION OF A MAJORITY STAKE IN ZAMBIA’S LUNSEMFWA HYDRO POWER COMPANY

March 17, 2026March 17, 2026 Constance

Globeleq, the leading independent power company in Africa, has completed its acquisition of a 51% equity stake in Lunsemfwa Hydro Power Company (LHPC) from Norfund, the Norwegian development finance institution. The transaction represents a major step in Globeleq’s entry into the Zambian energy market and the South African Power Pool (SAPP). The remaining 49% of LHPC is owned by Wanda Gorge Investments, a Zambian-based infrastructure investment company. LHPC operates two hydroelectric power plants with a combined capacity of 56 MW and is constructing a 27 MWp solar PV project. Its… Read More Here

Mining in Zambia Copper

Zambia HIV Aid Talks With US Intersect With Copper Mining Interests

March 16, 2026March 16, 2026 Constance

US Ties $1.5 Billion HIV/AIDS Aid Package to Zambia Mining Talks Amid Critical Minerals Race The administration of Donald Trump has linked discussions over HIV/AIDS funding for Zambia with broader negotiations involving the country’s mining sector, highlighting how the global race for critical minerals is increasingly intersecting with foreign aid, according to a report by The New York Times. At the center of the discussions is a proposed $1.5 billion US health aid package intended to support Zambia’s fight against HIV and other infectious diseases. According to the report, United… Read More Here

Mining in Zambia Artisanal mining New Mining Projects

Zambia to Allocate 8,000 Hectares at Kikonge Gold Site to Over 500 Artisanal Miners in Mufumbwe

March 16, 2026March 16, 2026 Constance

Government to Allocate 8,000 Hectares to Artisanal Miners at Kikonge Gold Site The Zambian government is set to allocate about 8,000 hectares of land as mining tenements to more than 500 artisanal miners at the Kikonge Gold Site, in a move aimed at formalising small-scale mining activities and promoting safer operations. Director of Artisanal and Small-Scale Mining at the Ministry of Mines and Minerals Development, Billy Chewe, said the land will be distributed to organised mining cooperatives operating in the area. Mr. Chewe explained that each cooperative is expected to… Read More Here

Mining in Zambia Oil & Gas Petroleum

Zambia Diesel Shortage Linked to Pipeline Supply Delays, NOMA Says

March 15, 2026March 15, 2026 Constance

Zambia Fuel Shortage Caused by Delayed Diesel Releases from TAZAMA Pipeline, NOMA Says The National Oil Marketing Association (NOMA) has attributed the recent shortage of diesel and other petroleum products in Zambia to limited access to fuel supplies rather than stockpiling by oil marketing companies. In a statement issued on March 13, the association said its members operating under the regulatory supervision of the Energy Regulation Board (ERB) are facing distribution constraints due to delayed releases of diesel through the TAZAMA Pipeline. Supply Constraints, Not Hoarding NOMA rejected public claims… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Secures $1.8M Copper Feed Deal in Zambia

March 15, 2026March 16, 2026 Constance

Jubilee Metals Buys High-Grade Copper Ore for Zambia’s Roan Concentrator as Large Waste Project Moves Toward JV Jubilee Metals Group has secured additional high-grade copper feed material for its Roan Concentrator in Zambia in a transaction valued at $1.8 million. The company said the payment will be settled through the issuance of 29.76 million new ordinary shares priced at 4.48 pence per share, representing a 14.3% premium to Jubilee’s closing share price on March 9. Strengthening Copper Processing Operations Chief Executive Officer Leon Coetzer said the company continues to work… Read More Here

Mining in Zambia Copper Corporate News

ZCCM-IH’s Royalty Bet Pays Off as Kansanshi Deal Delivers $110.6 Million

March 13, 2026March 16, 2026 admin

ZCCM-IH Earns $110.6 Million From Kansanshi Mine Royalty After Swapping Dividends for Revenue Share ZCCM Investments Holdings Plc’s decision to swap dividend rights for a revenue-linked royalty at Kansanshi Mining Plc is proving lucrative, with the state-linked investor pocketing $110.6 million between 2022 and 2024. The Lusaka-based company introduced the 3.1% gross revenue royalty in 2021, a move designed to stabilize cash flow from Zambia’s largest copper mine. The payments have continued even as Kansanshi suspended dividends in 2023 and 2024, underscoring how the model shields Zambia from the volatility… Read More Here

Mining in Zambia Copper Economy

Zambia Seeks Global Investment to Triple Copper Production by 2031

March 11, 2026March 15, 2026 Constance

Zambia Targets 3 Million Tons of Copper by 2031 as Government Courts Global Investors Zambia is actively courting international investors, including those from the United States, as it works toward an ambitious goal of tripling its copper production to 3 million metric tons by 2031, Mines Minister Paul Kabuswe said on Tuesday. Africa’s second-largest copper producer after the Democratic Republic of the Congo is increasingly viewed as a strategic partner for the United States. Washington has been stepping up efforts to diversify supply chains for critical minerals and reduce reliance… Read More Here