Mining in Zambia - Copperbelt Katanga Mining

Enhancing Mineral Trade Regulations and Small-Scale Mining Protection in Zambia 1

Renowned Geologist and Mining Specialist Advocates for Stricter Regulations to Safeguard Zambia’s Mineral Trade In a recent discourse, esteemed geologist and mining expert Dr. Sixtus Mulenga emphasized the imperative of enacting legislation that mandates all individuals engaged in the trade of rough stones to possess a valid mining license. Dr. Mulenga posits that exclusively companies involved in the mining, cutting, and polishing of stones should be permitted to partake in the trade of rough stones, effectively eradicating the illicit trade perpetuated by unlicensed traders. Addressing participants at the Artisanal Workshop,… Read More Here

Mining in Zambia Copper Gold Mining in DRC

Zambia’s Economic Resurgence Anchored in Copper Prosperity

August 11, 2023August 11, 2023 Constance

A nation with a rich legacy of copper production, Zambia’s economic vitality pivots around its burgeoning mining industry. Dominating this landscape is the Copperbelt region, encompassing the mineral-rich Copperbelt Province and adjoining areas in Zambia’s northern territories. This strategic zone contributes a substantial 90% to the nation’s total GDP. The Expansive Copperbelt: Engine of Prosperity Stretching across an impressive 450 kilometers, with a width extending up to 260 kilometers, the Copperbelt region straddles Zambia’s border with the Democratic Republic of the Congo (DRC). The lives of the majority of the… Read More Here

Mining in Zambia New Mining Projects Nickel

FQM COMMISSIONS NICKEL CONCENTRATOR & DIVERSIFIES ZAMBIA’S MINERAL PORTFOLIO

August 6, 2023August 6, 2023 Copperbelt Katanga News

KALUMBILA, ZAMBIA – The commissioning of the nickel concentrator at First Quantum Minerals’ Enterprise nickel mine in Kalumbila, North-Western Province last week, has marked a new dawn for Zambia’s mining industry, as it diversifies its mining portfolio, according to Mines and Minerals Development Minister Hon. Paul Kabuswe. The nickel processing plant, completed in 2016 and approved for environmental operation, has been on care and maintenance since then, awaiting favourable market conditions. However, with the global push for a green energy transition, rising demand for nickel, a key metal in this shift,… Read More Here

Mining in Zambia Battery Metals Cobalt Copper Energy Partnership

UK and Zambia Forge $3.7bn Clean Energy and Mineral Partnership

August 6, 2023August 6, 2023 Constance

The British Government has agreed a partnership with Zambia covering clean energy and critical mineral supply worth more than $3.7bn (£2.91bn). Under the clean energy and green investment partnership, the UK will aim to generate $3.1bn of private sector investment for the Zambian mining and renewable energy industries. A further $600m of funding will come in the form of UK Government-backed investments. Approximately 70% of Zambia’s export earnings come from mining. In 2022, Zambia was the world’s eighth-largest copper producer, and second in Africa. In the same year, it was also the world’s 13th-largest… Read More Here

Mining in Zambia Gold

Bemetals Announces C$ 5.3 Million Private placement with Strategic Investor B2Gold Corp

August 4, 2023August 4, 2023 Constance

BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) announces it has secured up to C$5.3 million of funding with strategic investor B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) (“B2Gold”), consisting of a C$3.3 million convertible debenture private placement and a commitment for additional funding of C$2 million. John Wilton, President and CEO of BeMetals stated, “With the support of our cornerstone and strategic investor B2Gold, we look forward to delivering continued positive results from ongoing exploration at our Kazan portfolio of gold projects in Japan… Read More Here

Mining in Zambia Cobalt Copper Mining in DRC Transport and Logistics

Southern African Governments Urged to Prioritize Infrastructure for Lucrative Minerals

August 3, 2023August 3, 2023 Constance

The vast mineral reserves in Africa, constituting 30% of the world’s total, are a treasure trove of resources essential for powering the green revolution. Cobalt, copper, manganese, and lithium, among others, hold tremendous potential for driving economic growth and sustainable development in the region. However, to fully capitalize on these lucrative minerals and avoid the resource curse, governments in southern Africa must prioritize significant infrastructure investments, especially in transportation and processing facilities, integral components of the mining value chain. Enhancing South African Exports through Infrastructure Investments Despite its mineral wealth,… Read More Here

Mining in Zambia Petroleum Transport and Logistics

Zambia’s Energy Regulations Board (ERB) Implements Revised Fuel Prices

August 2, 2023August 2, 2023 Constance

In response to the recent fluctuations in international oil prices and exchange rates, the Energy Regulations Board (ERB) of Zambia has made significant adjustments to the pump prices of various petroleum products. Effective from the beginning of August, consumers will experience changes in the cost of petrol, diesel, kerosene, and Jet A-1. Petrol prices per liter will now be set at 25 Kwacha 57 ngwee, up from the previous 24 Kwacha 93 ngwee, while diesel will be priced at 23 Kwacha 36 ngwee per liter, an increase from the earlier… Read More Here

Mining in Zambia Copper Gold

Zambia’s Mines Minister Updates on Copper Mines Negotiations

August 2, 2023August 2, 2023 Constance

Zambia’s Minister of Mines, Paul Kabuswe, recently provided an update on the status of negotiations concerning the ownership of Konkola Copper Mines and Mopani Copper Mines. Despite the initial promise of a swift resolution, both parties are still engaged in discussions and have yet to reach a mutually agreeable decision on several key issues. In his statement, Minister Kabuswe assured the public that he will provide periodic updates on the progress of these negotiations until a final resolution is achieved. The government’s priority in these negotiations is to ensure that… Read More Here

Mining in Zambia Battery Metals Cobalt Copper Diamond Lithium

Divergent Policies in Zambia and Zimbabwe: Critical Minerals to Rescue?

July 31, 2023July 31, 2023 Constance

In late 2022, Lake Kariba, the world’s largest dam reservoir, experienced record-low water levels, leading Zimbabwe to halt electricity generation at the Kariba Dam’s South Power Station, while neighboring Zambia faced water rationing during an economic crisis. Both countries possess significant mineral reserves that could contribute to global energy transitions. However, they are grappling with climatological shifts that are destabilizing Southern African states, with floods, droughts, and cyclones becoming frequent and devastating events. The reliance on hydropower, which constitutes over 20 percent of the region’s energy mix, makes the impact… Read More Here

Mining in Zambia Battery Metals Partnership

Zambia and Russia Explore Collaboration in Electric Vehicle Battery Production

July 31, 2023July 31, 2023 Constance

In a groundbreaking move aimed at bolstering the electric vehicle (EV) industry, the Russian motor vehicle sector is actively seeking partnerships with Zambia to manufacture advanced EV batteries. The Russian President, Vladimir Putin, recently expressed his country’s interest in establishing joint ventures with Zambia to facilitate the production of cutting-edge EV batteries. Both nations have enjoyed a long history of warm bilateral relations, making this collaboration a natural progression. The announcement was made during the Russia-Africa Economic and Humanitarian Forum in Saint Petersburg, Russia, where Zambian Foreign Affairs and International… Read More Here