Mining in Zambia - Copperbelt Katanga Mining

Zambia Inflation Falls to Lowest Level Since 2018 as Economic Recovery Strengthens 1

Zambia inflation drops to 6.5% in June 2026, lowest since 2018, driven by strong kwacha and copper exports Zambia’s inflation rate has fallen to its lowest level since 2018, marking another milestone in the country’s ongoing economic recovery. The decline reflects a steady easing of price pressures across key sectors and reinforces growing signs of macroeconomic stabilisation following several years of volatility. According to the Zambia Statistics Agency, consumer inflation declined to 6.5% year-on-year in June, slightly lower than the 6.6% recorded in May. On a month-on-month basis, prices increased… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Prospect Resources Advances Mumbezhi Toward Tier-1 Copper Development

June 25, 2026June 25, 2026 Constance0 comment

Prospect Resources Builds Momentum at Mumbezhi Copper Project in Zambia Prospect Resources is rapidly establishing itself as a significant player in the global copper sector through the advancement of its flagship Mumbezhi Copper Project in Zambia. Located in one of Africa’s premier mining jurisdictions, the project is emerging as a substantial copper development opportunity at a time when demand for the red metal continues to strengthen, driven by electrification, renewable energy infrastructure and growing industrial requirements worldwide. The Mumbezhi Copper Project is situated in Zambia’s North-Western Province, a region that… Read More Here

Mining in Zambia Energy Infrastructural Development

Zambia’s ERB Approves 32 Energy Licences and K4.5 Billion Investment in Power, Fuel, and Renewables

June 21, 2026June 21, 2026 Constance0 comment

Zambia Energy Sector 2026: ERB Approves 32 Licences, K4.5 Billion Investment in Solar, Fuel Stations and Infrastructure The Energy Regulation Board (ERB) has approved 32 new energy licences, 16 construction permits, and multiple licence amendments, unlocking investment commitments worth approximately K4.5 billion (US$253 million) for energy infrastructure and service delivery in Zambia. Speaking during a media briefing on Thursday, ERB Public Relations Manager Namukolo Kasumpa said the approvals covered the electricity, renewable energy and downstream petroleum sectors, reflecting continued expansion across the country’s energy value chain. She said the decisions… Read More Here

Mining in Zambia Infrastructural Development Transport and Logistics

Zambia and US Expand $491 Million Grant Programme to Support Lobito Corridor Infrastructure

June 21, 2026June 21, 2026 Constance0 comment

Zambia, US Redirect Part of $491 Million Agriculture Grant to Boost Lobito Corridor and Critical Minerals Infrastructure Zambia has reached an agreement with the United States’ Millennium Challenge Corporation (MCC) to expand the scope of a $491 million grant programme, allowing part of the funding to support infrastructure linked to the country’s critical minerals sector and the strategic Lobito Corridor. The grant, signed in 2024 under the MCC’s “farm-to-market” initiative, was initially designed to strengthen agricultural development and improve rural transport networks in Africa’s second-largest copper producer. According to a… Read More Here

Mining in Zambia Copper Corporate News Investment News

Vedanta IPO Plans Boost Zambia’s Ambitious Copper Growth Strategy

June 20, 2026June 20, 2026 Constance0 comment

Vedanta’s Planned CopperTech IPO Could Accelerate Konkola Expansion, ZCCM Says Zambia’s ZCCM Investment Holdings says Vedanta Resources’ planned initial public offering (IPO) of its copper business could significantly accelerate the development of the $2.7 billion Konkola Deep Mining Project (KDMP), one of the country’s most ambitious copper expansion initiatives. Vedanta is preparing to list CopperTech Metals, a US-domiciled integrated copper and cobalt producer that will hold the group’s mining assets, including its 79% stake in Konkola Copper Mines (KCM). ZCCM Investment Holdings owns the remaining 21% of KCM. The planned… Read More Here

Mining in Zambia Coal Copper Corporate News

KCM Plans US$317 Million Coal Power Plant to Strengthen Energy Security for Zambia’s Copper Operations

June 18, 2026June 18, 2026 Constance0 comment

Konkola Copper Mines to Build 300MW US$317 Million Coal Power Plant to Address Zambia’s Electricity Shortages Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, has announced plans to develop a US$317 million coal-fired power plant in Zambia as part of efforts to mitigate persistent electricity shortages affecting mining operations across the country. The proposed facility will have a planned generation capacity of 300 megawatts and is expected to be developed in two phases. According to the company, the project is designed to enhance energy reliability for KCM, one of… Read More Here

Mining in Zambia Investment News

ZCCM-IH Showcases Zambia’s Mining Investment Growth Ahead of Paris Capital Markets Day

June 18, 2026June 18, 2026 Constance0 comment

ZCCM-IH Highlights US$12 Billion Mining Investment Surge and Rising Market Value Ahead of Paris Investor Day Ahead of the ZCCM-IH Capital Markets & Investor Day scheduled for Friday, 19 June 2026, in Paris, France, a delegation led by Board Chairperson Phesto Musonda paid a courtesy visit to the Zambian Embassy in France. During the engagement, Mr Musonda commended the Government of the Republic of Zambia for implementing key reforms that have strengthened the mining sector, attracted approximately US$12 billion in investment, and unlocked significant opportunities in the energy industry. He… Read More Here

Mining in Zambia New Mining Projects Uranium

Atomic Eagle Extends Uranium Mineralisation at Muntanga Project in Zambia

June 16, 2026June 16, 2026 Constance0 comment

Atomic Eagle Expands Uranium Mineralisation at Muntanga Project in Zambia Following New Drill Results Australian mining company Atomic Eagle has expanded uranium mineralisation at its 100%-owned Muntanga Uranium Project in Zambia, following new drilling results from the Chisebuka deposit. Chisebuka, located within the broader Muntanga Project in southern Zambia, is a key uranium exploration target that has been the focus of ongoing drilling campaigns aimed at defining and extending mineral resources. According to recent exploration updates, the northern higher-grade zone now spans a surface area of approximately 900 metres by… Read More Here

Mining in Zambia Corporate News New Mining Projects Zinc

Shuka Minerals Intersects High-Grade Zinc Mineralisation at Kabwe Mine in Zambia

June 11, 2026June 11, 2026 Constance0 comment

Shuka Minerals Reports Up to 29.58% Zinc in New Kabwe Drill Results as Expansion Drilling Continues Aim-listed Shuka Minerals has announced the successful completion of its third diamond drill hole, KBDD03, at the Number 2 orebody of its Kabwe zinc mine in Zambia, delivering further high-grade zinc intercepts as part of its ongoing exploration programme. The third drill hole was designed to test the orebody approximately 30 metres east of the KBDD01 intersection at a depth of about 250 metres. It was drilled at an inclination of 65° on a… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Restarts Copper Deliveries as Molefe Mine Expansion Accelerates Zambia Growth Strategy

June 11, 2026June 11, 2026 Constance0 comment

Jubilee Metals Boosts Zambia Copper Output with Restart of Sable Refinery Deliveries from Expanded Molefe Mine Aim-listed Jubilee Metals has resumed run-of-mine (RoM) copper deliveries to its Sable refinery in Zambia, following the restart of processing operations supported by the successful expansion of Molefe mine’s Pit 2. The development forms part of the company’s updated mine plan, which integrates Pits 2 and 3 into a single, larger operational area. According to the company, refining activities at the Sable facility have restarted in parallel with increased mining output, marking a key… Read More Here