Mining in Zambia - Copperbelt Katanga Mining

Prospect Resources Shifts Focus from Namibia Lithium to Zambian Copper

November 27, 2025November 27, 2025 Constance

Prospect Resources Quietly Holds Omaruru Lithium Project in Namibia While Advancing Zambian Copper Strategy Prospect Resources spent the past year reshaping its portfolio, selling the Step Aside lithium project in Zimbabwe and turning its corporate focus toward copper assets in Zambia. Yet one asset quietly remained on the company’s books: the Omaruru Lithium Project in Namibia. Interestingly, Prospect made no mention of Omaruru in its November 25 corporate presentation, despite the project’s history and potential suggesting a more nuanced story. Before Prospect’s involvement, the Omaruru project had undergone systematic exploration… Read More Here

Mining in Zambia Corporate News Technology & Innovation

FIRST QUANTUM’S TECHNOLOGY DRIVE WINS GOVERNMENT SUPPORT

November 27, 2025November 27, 2025 Constance

SOLWEZI, ZAMBIA – Minister of Technology and Science, Hon. Felix Mutati, has praised First Quantum Minerals (FQM) for its strong commitment to technological advancement, noting that the company’s investment in modern mining systems positions Zambia to move decisively toward its national production target of 3 million tonnes of copper annually. The Honourable Minister, accompanied by his Permanent Secretary Dr Brilliant Habeenzu and ZICTA Director General Colin Mbula, were shown the technology in use at the FQM Trident operations, including fatigue management technology installed in all mobile equipment, trolley assist on… Read More Here

Mining in Zambia Cobalt Copper

Zambian Presidency Rejects Proposal for Free 15% State Stake in Critical Mineral Mines

November 27, 2025November 27, 2025 Constance

Zambia Blocks Draft Regulation Seeking 15% Free-Carried State Interest in Copper and Critical Mineral Projects Zambia’s Presidency has dismissed proposed regulations that would grant the government a minimum 15% free-carried, non-dilutable stake in mining companies producing copper and other critical minerals. The draft statutory instrument proposes that the state hold at least 15% ownership in any mining operation involving a critical mineral—without paying for the stake. It also outlines a mechanism through which government participation could rise to 40%, achieved by forfeiting dividends and offering tax concessions rather than making… Read More Here

Mining in Zambia Economy News in Brief

IMF Forecasts 5.2% Growth for Zambia in 2025

November 22, 2025November 22, 2025 Constance

Zambia’s Economy to Grow 5.2% in 2025, Outpacing African Average, Says IMF The International Monetary Fund (IMF) has projected Zambia’s economy to grow by 5.2% in 2025, well above the 4.1% average expected for most African countries. The robust outlook is attributed to easing inflation, improved liquidity, strong investor confidence, sustained governance and fiscal reforms, and increased private sector participation. IMF Resident Representative Eric Lautier noted that Zambia’s growth was initially projected at 5.8% but was revised downward due to challenges in the energy sector affecting production capacity. Speaking during… Read More Here

Mining in Zambia Transport and Logistics

China, Zambia, and Tanzania Seal $1.4 Billion Deal to Modernise TAZARA Railway

November 21, 2025November 21, 2025 Constance

China Signs $1.4B Agreement to Upgrade TAZARA Railway, Boosting Zambia–Tanzania Trade Route China has signed a $1.4-billion agreement with Zambia and Tanzania to modernise the TAZARA railway, a strategic transport corridor linking landlocked Zambia to the Indian Ocean. Originally financed and built by China in the 1970s, the TAZARA railway has long served as a vital route for copper exports and fuel imports through Tanzania. The upgrade is widely viewed as a significant counterweight to the U.S. and EU-backed Lobito Corridor, which aims to connect Angola with Zambia and the… Read More Here

Copper Corporate News Mining in Zambia

Jubilee Metals Reports Strong Q1 2026 Copper Production in Zambia

November 21, 2025November 21, 2025 Constance

Jubilee Metals Achieves 65% Quarter-on-Quarter Copper Production Growth in Zambia Zambia-focused copper producer Jubilee Metals Group has reported strong progress for the quarter ended September 30, the first quarter of its 2026 financial year, highlighting a significant improvement in copper production. CEO Leon Coetzer shared an operational and projects update for the company’s Zambian operations during the period. Copper production reached 938 tonnes, up 65% from the previous quarter’s 568 tonnes, with operations unaffected by material power outages. The production was primarily derived from copper concentrate produced by Roan for… Read More Here

Mining in Zambia Economy Governance

Zambia Welcomes Chinese Premier for Landmark Visit to Boost Investment and Economic Growth

November 19, 2025November 19, 2025 Constance

Chinese Premier Visits Zambia for First Time in 28 Years Amid Investment Push Zambia will this week host a Chinese premier for the first time in 28 years, a landmark visit signaling renewed international attention as the copper-rich nation emerges from a challenging financial period and positions itself for investment-led growth. According to Reuters, Beijing is eager to secure access to Zambia’s commodities and expand markets for Chinese exporters, moving swiftly to deepen bilateral ties. China’s Strategic Role in Zambia China remains Zambia’s largest official creditor, with $5.7 billion owed,… Read More Here

Mining in Zambia Oil & Gas

Zambia Approves Investor Licence for Ndola Oil Refinery Project

November 19, 2025November 19, 2025 Constance

Zambia Approves $510 Million Oil Refinery Project in Ndola as ZDA Issues Investor Licence The Zambia Development Agency (ZDA) has issued an Investor Licence to China Zambia Petrochemical Energy Company Limited, paving the way for the launch of a USD 510.49 million oil refinery in Ndola, Copperbelt Province. The project, expected to create 454 jobs, will be developed through a Special Purpose Vehicle (SPV) partnership between the Industrial Development Corporation (IDC) and Xiang Xin Holding Co. Limited. A Boost to Zambia’s Industrialisation Drive The refinery will be located in the… Read More Here

Mining in Zambia

ZCCM-IH Signs Landmark ESG Partnership with Swedish Industry Council

November 19, 2025November 19, 2025 Constance

ZCCM-IH and Swedish Industry Council Launch Strategic ESG Partnership to Advance Responsible Mining in Zambia ZCCM Investments Holdings Plc (ZCCM-IH) has launched a major Environmental, Social and Governance (ESG) partnership with the International Council of Swedish Industry (NIR), supported by the Embassy of Sweden in Lusaka. The agreement was formalised during a signing ceremony held at the ZCCM-IH Head Office, marking a significant milestone in strengthening responsible mining and sustainable value creation across the company’s investment portfolio. A Strategic Step for Responsible Mining Sweden’s Ambassador to Zambia, Johan Hallenborg, underscored… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Clears Key Regulatory Hurdle as It Refocuses Growth Strategy on Zambia

November 17, 2025November 17, 2025 Constance

Jubilee Metals Advances Zambia Copper Strategy After Merger Approval for SA Asset Sale The South African Competition Tribunal has issued a merger clearance certificate approving the sale of Jubilee Metals Group’s South African chrome and platinum group metal (PGM) operations to One Chrome, marking a major milestone as the company accelerates its strategic shift toward Zambia. Jubilee announced in June that it would sell its South African operations for up to $90-million, a move designed to free up capital and management capacity for the expansion of its copper projects in… Read More Here