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Category: Mining in Zambia

Sweden and Zambia Forge Strategic Alliance for Sustainable Mining and Energy 1 Mining in Zambia Events & Expos 

Sweden and Zambia Forge Strategic Alliance for Sustainable Mining and Energy

Constance
A New Era of Green Industrial Growth Rooted in Innovation, Technology, and Shared Values Sweden and Zambia have reaffirmed their commitment to a dynamic partnership focused on sustainable mining, renewable energy, and inclusive industrial development. Anchored in innovation and responsible resource management, this collaboration aims to accelerate green transformation across both nations.  Shared Vision for a Sustainable Future Swedish Ambassador Johan Hallenberg emphasized the enduring relationship between Sweden and Zambia, built on democratic values and mutual respect.  He noted that both countries are rich in natural resources, a common strength… Read More Here
EU and Zambia Sign €200 Million Funding Deal to Accelerate Lobito Corridor Development 2 Mining in Zambia Transport and Logistics 

EU and Zambia Sign €200 Million Funding Deal to Accelerate Lobito Corridor Development

Constance
EU, Zambia Ink €200 Million Global Gateway Agreements to Boost Lobito Corridor, Rail, Energy, and Agriculture Sectors The European Union (EU) and the Government of Zambia have signed ten new funding agreements worth €200 million (approximately 5 billion Kwacha) aimed at promoting a holistic development approach for the Lobito Corridor. The agreements, signed under the EU’s Global Gateway initiative, were witnessed by President Hakainde Hichilema during the EU–Zambia Lobito Corridor Business Forum held in Chongwe today. Boosting Railway Efficiency and Connectivity Among the key agreements is the EU’s contribution of… Read More Here
EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth 3 Mining in Zambia Events & Expos Transport and Logistics 

EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth

Constance
EU, Sweden, Finland, and Czech Republic Back Zambia’s Lobito Corridor to Drive Regional Trade and Economic Transformation The European Union (EU) has reaffirmed its commitment to supporting the Lobito Corridor project, citing its potential to enhance regional connectivity, trade, and economic growth across Southern Africa. Speaking during the official opening of the EU–Zambia Lobito Corridor Business Forum in Chongwe, Swedish Director General for Trade Policy at the Ministry of Foreign Affairs, Camilla Mellander, said the EU views the corridor as a catalyst for regional integration and sustainable development. Ms. Mellander… Read More Here
Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development 4 Mining in Zambia Transport and Logistics 

Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development

Constance
Zambia and EIB Deepen Cooperation to Boost Investment in the Lobito Corridor and Drive Regional Trade Growth Zambia has intensified its engagement with multilateral development partners, as Finance and National Planning Minister Dr. Situmbeko Musokotwane met with European Investment Bank (EIB) Vice President Karl Nehammer ahead of the Zambia–EU Lobito Corridor Business Forum, scheduled for 13–14 November in Lusaka. The high-level bilateral talks focused on unlocking new investment opportunities along the Lobito Corridor, a key regional transport network linking Zambia to the Atlantic Ocean through Angola and the Democratic Republic… Read More Here
Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition 5 Mining in Zambia Corporate News Mergers & Acquisitions News in Brief 

Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition

Constance
Shuka Minerals Secures Initial $300,000 from GMI to Advance Zambia Zinc Mine and Leopard Exploration Deal Shuka Minerals, an AIM-listed mining company, has received an initial $300,000 funding tranche from its financing partner Gathoni Muchai Investments (GMI) as part of an expanded loan facility to support its planned acquisition of Leopard Exploration and Mining and the Kabwe Zinc Mine in Zambia. The payment marks a key step toward completing the acquisition, which had been delayed due to funding holdups from GMI. Under the revised financing arrangement, GMI has confirmed that… Read More Here
Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector 6 Mining in Zambia Corporate News Events & Expos Sponsored Content 

Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector

Constance
A landmark event reshapes supplier engagement and sets a new benchmark for collaborative mining in Zambia Mingomba Mining Limited, a joint venture of KoBold Metals and ZCCM-IH, launched its first-ever Service and Suppliers Fair, a landmark event that signals a bold new chapter for Zambia’s mining industry. Held in Chililabombwe, the two-day gathering brought together hundreds of contractors, entrepreneurs, government officials, and industry leaders to explore partnership opportunities as the company advances toward full-scale mine development. For Mingomba and its parent company KoBold Metals, a California-based exploration and technology firm,… Read More Here
Zambia Launches $245 Million, 200 MW Solar Project to Boost Clean Energy 7 Mining in Zambia Energy 

Zambia Launches $245 Million, 200 MW Solar Project to Boost Clean Energy

Constance
Zambia Breaks Ground on 200 MW Solar Plant in Mumbwa to Reduce Hydropower Dependence Zambia has taken a major step toward energy diversification with the groundbreaking of a US$245 million, 200-megawatt solar power plant in Chief Moono’s Chiefdom, Mumbwa District. The ceremony was officiated by Minister of Energy, Honourable Makozo Chikote, MP, who described the project as a milestone in Zambia’s transition toward renewable energy and reduced reliance on hydropower. Minister Chikote highlighted that several renewable and thermal energy projects currently under construction are expected to come online soon, easing… Read More Here
Tanzania Reopens Border with Zambia, Restores Key Copper Trade Corridor 8 Mining in Zambia Transport and Logistics 

Tanzania Reopens Border with Zambia, Restores Key Copper Trade Corridor

Constance
Tanzania Reopens Zambia Border After Post-Election Unrest, Boosting Copper and Cobalt Exports Tanzania has reopened its border with Zambia, restoring the flow of cargo along a critical trade corridor for Africa’s two largest copper exporters. The border had been closed last week due to post-election unrest, which brought shipments to a standstill. The situation normalized on Monday, according to Oliver Nzala, corporate communications manager at the Zambia Revenue Authority. Border authorities are now working to reduce the backlog, clearing approximately 250 trucks daily in each direction. Tanzania’s Dar es Salaam… Read More Here
Vedanta Launches CopperTech Metals to Strengthen U.S. Copper Supply from Zambia 9 Mining in Zambia Copper Mining technology 

Vedanta Launches CopperTech Metals to Strengthen U.S. Copper Supply from Zambia

Constance
Vedanta Launches CopperTech Metals to Boost America’s Copper Security with Konkola Mines in Zambia Vedanta Resources announced the launch of CopperTech Metals Inc., a U.S.-domiciled company dedicated to enhancing America’s copper supply security. The move comes as global demand for copper surges, driven by data center expansion, grid modernization, defense technologies, and industrial onshoring requirements. CopperTech Metals will own and operate the Konkola Copper Mines (KCM) in Zambia, one of the world’s highest-grade copper-producing assets, which also contains significant proven cobalt reserves. The company plans to build on the $3… Read More Here
Zambia Copper Exports and Earnings Decline in September 2025 10 Mining in Zambia Copper Economy 

Zambia Copper Exports and Earnings Decline in September 2025

Constance
Zambia Copper Exports and Earnings Drop in September 2025 Despite Rising Global Prices Zambia’s copper industry recorded a significant drop in export earnings and volumes in September 2025, according to the latest Zambia Statistics Agency (ZamStats) monthly trade briefing. Refined copper earnings fell 11%, from K 17.8 billion in August to K 15.9 billion in September, while export volumes dropped 15.1%, from 78.1 thousand metric tonnes to 66.3 thousand tonnes. This decline came despite rising global copper prices, highlighting potential production challenges within Zambia’s mining sector. Copper remains Zambia’s most important export,… Read More Here

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