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Category: Mining in Zambia

Zambia Formalises Gold Mining in Kikonge Through Strategic Public–Private Partnership 1 Mining in Zambia Gold New Mining Projects 

Zambia Formalises Gold Mining in Kikonge Through Strategic Public–Private Partnership

Constance
Zambia Signs MoU to Formalise Gold Mining in Kikonge, Boost National Revenue and Debt Servicing The Ministry of Mines and Minerals Development has signed a Memorandum of Understanding (MoU) with ZCCM Investment Holdings PLC and Mining Mineral Resources-SAS to formalise and regulate mining activities in Kikonge, located in Zambia’s North-Western Province. Mines and Minerals Development Minister Paul Kabuswe said the agreement is a critical step toward ensuring that Zambia derives maximum value from its mineral resources. He noted that improved governance and formalisation of gold mining will enhance national revenue… Read More Here
Zambia Secures U.S. Partnerships to Boost Critical Minerals and Investment 2 Mining in Zambia 

Zambia Secures U.S. Partnerships to Boost Critical Minerals and Investment

Constance
Zambia Signs Three Major MoUs With U.S. Firms to Boost Critical Mineral Processing and Digital Sovereignty Zambia has achieved a major diplomatic and economic milestone by signing three Memoranda of Understanding (MoUs) with prominent United States companies, reinforcing the country’s position as a rising leader in critical mineral processing, data sovereignty, and international investment. The agreements—facilitated by the Zambia Development Agency (ZDA)—were formalized during a ceremony at the Zambian Embassy in Washington, D.C., overseen by Ambassador Chibamba Kanyama. They establish strategic partnerships with Austin Elements, Lucid Circuit, and Busara Advisors… Read More Here
Zambia Boosts Drive for Energy Security as Govt Fast-Tracks 2,610MW Power Pipeline 3 Mining in Zambia Energy 

Zambia Boosts Drive for Energy Security as Govt Fast-Tracks 2,610MW Power Pipeline

Constance
Strengthening Zambia’s Energy Future: Government, Developers Push to Accelerate Power Projects The Government has reaffirmed its strong commitment to securing Zambia’s long-term energy stability following a high-level consultative meeting led by Minister of Energy Makozo Chikote with 20 Power Developer companies. The engagement focused on evaluating progress in the country’s current power pipeline and identifying actionable steps to speed up project delivery. Also present were the Head of the Presidential Delivery Unit, Ms. Kuso Kamwambi, and the Ministry of Finance Permanent Secretary for Budget, Ms. Mwaka Mukubesa. Discussions highlighted the… Read More Here
Gemfields Earns $25.4m From Year-End Emerald Auction as Market Demand Rebounds 4 Mining in Zambia Gemstones 

Gemfields Earns $25.4m From Year-End Emerald Auction as Market Demand Rebounds

Constance
Gemfields Closes 2025 With Strong Emerald Auction Performance Despite Earlier Kagem Disruptions Gemfields has announced $25.4 million in revenue from its November–December auction of commercial-quality rough emeralds, ending the year with one of its strongest sales performances despite earlier operational challenges at the Kagem mine in Zambia. The auction was conducted via private viewings in Jaipur, India, followed by an online sealed-bid process. Of the 46 lots offered, 45 lots—equal to 98%—were sold at an average price of $7.46 per carat. Nearly 3.66 million carats were made available, with about… Read More Here
Zambia’s Copper Industry Records Strong Growth as Production Approaches One Million Tons 5 Copper Economy Mining in Zambia News in Brief 

Zambia’s Copper Industry Records Strong Growth as Production Approaches One Million Tons

Constance
Zambia’s Copper Export Earnings Surge 31% in October 2025 as Output Nears Historic Peak Zambia’s copper sector posted impressive results in October 2025, with export earnings from refined copper rising by 31.2% to K20.8 billion, up from K15.0 billion in September. The sharp monthly increase reflects sustained growth in national copper output as the country moves closer to surpassing one million tons of annual production—a milestone not reached in recent years. This rebound comes amid firm global copper prices and growing international demand, driven by the expansion of renewable energy… Read More Here
Kafue Gorge Lower Solar Project Marks Major Step Toward Zambia’s Clean Energy Future 6 Mining in Zambia Energy 

Kafue Gorge Lower Solar Project Marks Major Step Toward Zambia’s Clean Energy Future

Constance
Zambia Breaks Ground on Kafue Gorge Lower 100MW Solar Project to Boost National Energy Security Zambia’s ambition to strengthen long-term energy security has received a major boost with the groundbreaking of the Kafue Gorge Lower 100MW Solar Project in Sikoongo Chiefdom, Chirundu District, Southern Province. The initiative features a 100MW solar power plant, a 33/330kV substation, and a 15-kilometre transmission line connecting the facility to the Kafue Gorge Upper grid. Construction is expected to be completed within 12 months. Speaking during the groundbreaking ceremony, ZESCO Managing Director Eng. Justin Loongo… Read More Here
FQM Hands Major Mining Operations to Local Contractor Mineral Link in Zambia 7 Mining in Zambia Corporate News Mining Equipment 

FQM Hands Major Mining Operations to Local Contractor Mineral Link in Zambia

Constance
FQM Boosts Zambia Mining Local Content by Awarding Major Load-and-Haul Contract to Mineral Link First Quantum Minerals (FQM), through its subsidiary FQM Trident Limited, has reaffirmed its commitment to Zambia’s socio-economic development by expanding opportunities for local businesses and transferring key operational responsibilities to the Zambian-owned contractor Mineral Link Limited. This partnership signals a significant evolution in Zambia’s mining sector, shifting from traditional service provision to full contract mining. Mineral Link, a second-generation family business based in Chingola, will now manage enterprise load-and-haul operations previously handled internally by FQM. According… Read More Here
Galileo Resources Launches Drilling Program at Molefe Copper Project in Zambia 8 Mining in Zambia Copper Corporate News New Mining Projects News in Brief 

Galileo Resources Launches Drilling Program at Molefe Copper Project in Zambia

Constance
Galileo Resources Begins Drilling at Zambia’s Molefe Copper Project with Jubilee Metals IM-listed Galileo Resources has commenced drilling at its Molefe copper project in Zambia following the signing of a conditional cooperation and project development agreement with Jubilee Metals on November 27. The drilling program began with two holes completed out of an anticipated ten-hole campaign, initiated under the terms of the collaboration agreement. The program has multiple objectives: maintaining the current production profile over the next three months, replacing depleted resources over a six-month mid-term horizon, and executing a… Read More Here
Atomic Eagle Targets 100 Million Pounds of Uranium at Muntanga Project in Zambia 9 Mining in Zambia New Mining Projects Uranium 

Atomic Eagle Targets 100 Million Pounds of Uranium at Muntanga Project in Zambia

Constance
Atomic Eagle Unveils Massive Exploration Target at Muntanga Uranium Project in Zambia ASX-listed Atomic Eagle has announced a new JORC-compliant exploration target of 40 million to 100.5 million pounds of triuranium octoxide (U₃O₈), at a grade range of 150 to 350 parts per million (ppm), for its Muntanga project in Zambia. This target is in addition to the company’s existing JORC-compliant mineral resource, which includes 40 million pounds in the measured and indicated categories and 7.4 million pounds inferred. Atomic Eagle says the new exploration target underscores the scale of… Read More Here
Shuka Minerals Moves Closer to Full Acquisition of Zambia’s Kabwe Zinc Mine 10 Mining in Zambia Corporate News Mergers & Acquisitions Zinc 

Shuka Minerals Moves Closer to Full Acquisition of Zambia’s Kabwe Zinc Mine

Constance
Shuka Minerals to Receive Remaining Funds for Kabwe Zinc Mine and LEM Acquisition in December Aim- and AltX-listed Shuka Minerals has confirmed that it expects to receive the remaining funds needed to finalize its acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine in central Zambia this month—slightly later than originally planned. In a December 1 update, the company said it had already completed the initial payment tranche, securing a 22.2% stake in LEM and the Kabwe project. However, subsequent payments from Gathoni Muchai Investments (GMI) are… Read More Here

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