Mining in Zambia - Copperbelt Katanga Mining

China's CNMC Announces $1.3 Billion Investment in Zambia Across Diverse Sectors 1

China Non-Ferrous Metals Mining Group Company (CNMC) has unveiled plans to inject an additional $1.3 billion into Zambia over the next five years, spanning multiple economic sectors. CNMC Chairman, Xi Zheng Ping, detailed the allocation of these investments, emphasizing their commitment to Zambia’s growth. By the end of 2025, CNMC aims to have contributed $650 million to the country’s economy. The substantial investment portfolio includes a $400 million commitment to the Chambeshi copper mine project and $600 million earmarked for the reopening of the number 28 shafts at the Luanshya… Read More Here

Mining in DRC Cobalt Electricity Mining in Zambia

DRC Sets Sights on Electric Battery Value Chain in Global EV Market

September 27, 2023September 27, 2023 Constance

The Democratic Republic of Congo (DRC) is poised to become a key player in the global electric vehicle (EV) market, with projections indicating a substantial growth from $370.86 billion in 2021 to a staggering $1,298.32 billion by 2027, according to Bloomberg. To solidify its position, the DRC recently hosted a workshop on electric battery value chains, in collaboration with the Congolese Battery Council (CCB) and the US Department of State. Minister Nicolas Kazadi stressed the importance of a cross-border and regional approach, highlighting the need for cooperation with neighboring countries… Read More Here

Mining in Zambia Copper

FQM Enlists MESC for Kansanshi Copper Off-Gas Recovery Plant

September 26, 2023September 26, 2023 Constance

Global copper company First Quantum Minerals Ltd has contracted with MECS Inc, a subsidiary of Elessent Clean Technologies, for the Kansanshi Smelter Expansion at the Kansanshi Mine in Solwezi, Zambia. The MECS scope will include a redesign of the existing sulphur-burning sulphuric acid plant into a copper smelter off-gas recovery sulphuric acid plant. This transition to a copper smelter off-gas recovery acid plant will enable First Quantum to reduce emissions from the existing copper smelter, increase production at the mine, and supply more copper to the global market which will… Read More Here

Mining in DRC Artisanal mining Battery Metals Cobalt Copper Mining in Zambia

DRC Partners with Buenassa for Pioneering Copper-Cobalt Plant

September 26, 2023September 26, 2023 Constance

The Democratic Republic of Congo (DR Congo) has embarked on a strategic initiative to formalize artisanal mining while contributing to the global shift towards electric vehicles. DR Congo is a major player in the green-energy transition, being a leading supplier of cobalt, a crucial element in electric vehicle batteries, and ranking among the world’s top copper producers. To bolster these efforts, DRC is throwing its support behind Buenassa, a domestically owned company, to establish a new copper-cobalt plant. This pioneering project is set to cost approximately $350 million, with Delphos… Read More Here

Mining in Zambia Energy

TAZAMA Pipeline Set for Major Expansion to Boost Energy Transport

September 26, 2023September 26, 2023 Constance

The Energy Regulation Board (ERB) has identified the expansion of the TAZAMA pipeline as a critical priority. Reynolds Bowa, Chairperson of the ERB Board, has emphasized the urgency of this expansion and revealed that discussions have been initiated with the Tanzanian regulatory body to strategize the pipeline’s growth. During a meeting with Mark Mwandosya, Chairperson of the Energy and Water Utilities Regulatory Authority (EWURA) in Dar-es-Salaam, Tanzania, Mr. Bowa expressed optimism about establishing a comprehensive plan, including budget allocation, timelines, and a project name by April of the following year.… Read More Here

Mining in Zambia Battery Metals Cobalt Copper Exploration

KoBold Metals Aims to Revolutionize Copper Mining in Zambia

September 25, 2023September 25, 2023 Constance

KoBold Metals, backed by a group of influential billionaires, including Bill Gates and Jeff Bezos, has unveiled ambitious plans to establish a copper-cobalt mine in Zambia within the next decade. The California-based company, which allocated $150 million to the Mingomba project earlier this year, intends to explore additional copper deposits at this site, hailed as the world’s highest-grade undeveloped copper resource. KoBold, boasting the world’s leading mining company, BHP, among its shareholders, anticipates completing further exploration at the property in the coming year. Mfikeyi Makayi, CEO of KoBold Metals, remarked,… Read More Here

Mining in Zambia Battery Metals Mining in DRC

Global Electric Battery Market Projected to Reach USD 1,298.32 Billion by 2027

September 23, 2023September 23, 2023 Constance

The global electric battery market is projected to reach a staggering $1,298.32 billion by 2027. This substantial figure has captured the attention of nations such as the Democratic Republic of Congo (DRC), the Republic of Zambia, and various other African countries, which possess valuable minerals essential for electric battery production. These statistics were unveiled by Professor Jean-Baptiste Ngagoma Kushinganine, a faculty member at the Catholic University of Bukavu, during the inaugural day of the DRC-Africa Forum on battery metals held in Kinshasa from September 20 to 21, 2023. Professor Jean-Baptiste… Read More Here

Mining in Zambia Copper Mining Policy

Vedanta’s Commitment to Engineering Standards Encouraged at KCM

September 23, 2023September 25, 2023 Constance

The Engineering Institution of Zambia (EIZ) is optimistic that Vedanta Resources Limited will uphold the engineering standards established by the institution and adhere to ethical codes of conduct in all their engineering projects at Konkola Copper Mines (KCM). Ntalasha Mutale, EIZ Public Relations Manager, emphasizes that the institution will ensure Vedanta fulfills its obligations while maintaining ethical and professional conduct in its engineering endeavors, ensuring that the works delivered meet acceptable standards for the benefit of the Zambian people. Mutale further highlights the existence of engineering standards and a code… Read More Here