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Category: Mining in Zambia

FQM Contributes $3.46 Billion to Zambia’s Economy in 2025 1 Mining in Zambia Copper Corporate News Economy Taxes 

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

Constance
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
KCM Restarts Chingola “B” Mine After 18-Year Shutdown in Major Zambia Copper Expansion Push 2 Copper Corporate News Mining in Zambia 

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

Constance
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
ZCCM-IH Forms Gold Development Joint Venture for Kikonge Project in Zambia 3 Mining in Zambia Economy Gold 

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

Constance
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
Sinomine Seeks $764 Million to Expand African Lithium and Copper Projects 4 Battery Metals Copper Lithium Mining in Zambia 

Sinomine Seeks $764 Million to Expand African Lithium and Copper Projects

Constance
China’s Sinomine Raises Up to $764 Million for Zimbabwe Lithium and Zambia Copper Projects Chinese mining and battery materials company Sinomine Resource Group Co. is seeking to raise up to 5.2 billion yuan ($764 million) through a private placement to support the expansion of its critical minerals projects in Africa and China. According to a stock exchange filing released Tuesday, the funds will be used to finance the company’s lithium sulfate project in Zimbabwe, accelerate development of its Kitumba copper mine in Zambia, support a cesium and rubidium project in… Read More Here
Zambia approves limited sulphuric acid exports to DRC as copper smelters resume shipments 5 Mining in Zambia Copper 

Zambia approves limited sulphuric acid exports to DRC as copper smelters resume shipments

Constance
Zambia Eases Sulphuric Acid Export Ban as Copperbelt Supply Conditions Improve Zambia has approved the resumption of limited sulphuric acid exports to the Democratic Republic of Congo (DRC) after easing restrictions introduced earlier this year, according to the country’s trade minister. The decision allows two major copper producers Chambishi Copper Smelter and Mopani Copper Mines to restart shipments of the key industrial chemical used in copper and cobalt processing. Zambia, Africa’s second-largest copper producer, generates around 2 million metric tons of sulphuric acid annually as a byproduct of smelting operations.… Read More Here
ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy 6 Mining in Zambia Economy Investment News 

ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy

Constance
ZCCM-IH to increase minority stakes in Zambia copper mines under commercial terms as it expands royalty-based revenue model Zambia’s state-owned investment company ZCCM Investments Holdings (ZCCM-IH) plans to increase its minority stakes in selected mining assets, with any adjustments to be made strictly on commercial terms rather than through compulsory or forced divestments, according to Chief Executive Officer Kakenenwa Muyangwa. The move reflects a broader trend across African resource-rich economies seeking to secure a greater share of revenues from their mineral wealth, particularly as global demand for critical minerals accelerates… Read More Here
Shuka Minerals Launches Phase 1 Drilling at Kabwe No.2 Orebody to Assess Zinc and Critical Mineral Potential 7 Mining in Zambia Corporate News Drilling New Mining Projects 

Shuka Minerals Launches Phase 1 Drilling at Kabwe No.2 Orebody to Assess Zinc and Critical Mineral Potential

Constance
Shuka Minerals Begins Drilling at Kabwe Zinc Mine in Zambia to Test Depth Extension and Critical Minerals Shuka Minerals has commenced its Phase 1 diamond drilling programme at the No. 2 orebody of its Kabwe zinc mine in Zambia, marking a key step in assessing the deposit’s depth potential and additional mineral value. The No. 2 orebody is currently open at depth, indicating that mineralisation continues beyond previously mined levels. The initial diamond drill hole will be inclined at 65 degrees and is designed to intersect the orebody beneath existing… Read More Here
Kagem Mining Boosts Zambia’s Gemstone Skills with Lapidary Equipment Donation in Ndola 8 Mining in Zambia Corporate News Corporate social responsibility Gemstones 

Kagem Mining Boosts Zambia’s Gemstone Skills with Lapidary Equipment Donation in Ndola

Constance
Kagem Mining Donates Cutting and Polishing Equipment to GPLTC Ndola to Strengthen Zambia’s Gemstone Value Addition Skills Kagem Mining, a subsidiary of Johannesburg- and London-listed Gemfields, has donated gemstone cutting and polishing equipment to the Gemstone Processing and Lapidary Training Centre (GPLTC) in Ndola, Zambia. The initiative is aimed at strengthening skills development and supporting value addition within Zambia’s growing gemstone industry. The donation includes six cutting and polishing machines, one sawing machine, two calibrating machines, as well as a range of accessories and consumables used in lapidary operations. Skills… Read More Here
Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises 9 Mining in Zambia Copper Gold New Mining Projects 

Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises

Constance
Barrick’s Lumwana Copper Expansion in Zambia Remains on Track for 2028 Production Target Construction of the Lumwana Super Pit copper expansion project in Zambia remained on schedule and within budget during the first quarter of 2026, mining giant Barrick Gold announced on Monday, 11 May. The company confirmed that the first lift of the mill building wall was successfully completed during the quarter. Mill shells have already been delivered to the site, while the first shipments of structural steel are expected before the end of June. Barrick expects 2026 capital… Read More Here
Zambia Hosts Successful IMRC 2026 as Global Mine Rescue Teams Showcase Life-Saving Skills 10 Mining in Zambia Mining safety 

Zambia Hosts Successful IMRC 2026 as Global Mine Rescue Teams Showcase Life-Saving Skills

Constance
IMRC 2026 in Zambia Showcases Global Mine Rescue Excellence and Advances Safety Standards The 14th International Mine Rescue Competition (IMRC 2026), hosted in Zambia, has concluded in Livingstone, bringing together global mining teams in a high-level demonstration of emergency response skills and mine safety excellence. The event combined competitive testing with a strong focus on collaboration, knowledge sharing, and the shared goal of improving safety standards across the global mining industry. General Manager of Kansanshi Mining Plc, Meiring Burger, emphasized the importance of prioritising human life over production. “No production… Read More Here

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