Zambia Launches Western Corridor Transformation Project to Boost Regional Trade and Infrastructure 1 Mining in Zambia Infrastructural Development 

Zambia Launches Western Corridor Transformation Project to Boost Regional Trade and Infrastructure

President Hichilema Officiates Groundbreaking of Western Corridor Road Project to Unlock Zambia’s Economic Potential His Excellency, President Hakainde Hichilema, today officiated the groundbreaking ceremony of the Western Corridor Transformation Project, marking the official start of a landmark Public-Private Partnership (PPP) initiative with Western Corridor Limited (WCL). The SPV is jointly owned by BeefCo Limited and First Quantum Minerals (FQM) Limited. The ceremony, held in Kasempa, was attended by senior government officials, including Minister of Finance and National Planning Dr. Situmbeko Musokotwane, Minister of Commerce, Trade and Industry Mr. Chipoka Mulenga,… Read More Here
Kagem Renews ISO Certifications and Earns New Information Security Standard 2 Mining in Zambia Corporate News Press Release 

Kagem Renews ISO Certifications and Earns New Information Security Standard

Last week, Kagem Mining Limited (Kagem) successfully renewed its International Organisation for Standardisation certification in ISO 14001:2015 (Environmental Management System), ISO 45001:2018 (Occupational Health and Safety Management System), and ISO 9001:2015 (Quality Management System) after completing the standard audits required for renewal every three-year cycle. The International Organisation for Standardisation is a non-governmental group that develops and publishes quality standards for the production of goods that are sold internationally, providing common standards of safety, reliability, and quality. Speaking at the ceremony during the 9th National Conference on Occupational Health, Safety,… Read More Here
Zambia Commissions 15 New Solar Mini-Grids in Chadiza to Expand Rural Energy Access 3 Mining in Zambia Energy 

Zambia Commissions 15 New Solar Mini-Grids in Chadiza to Expand Rural Energy Access

Zambia Launches 15 Solar Mini-Grids in Chadiza District, Boosting Clean Energy Access in Rural Communities The Government of the Republic of Zambia has commissioned 15 new solar mini-grids in Chadiza District, Eastern Province, marking a significant milestone in expanding access to clean, reliable, and affordable energy for rural communities. The commissioning ceremony took place in Kumadzi Community, where Eastern Province Minister Peter Phiri delivered a keynote address on behalf of the Minister of Energy, Makozo Chikote. With a combined generation capacity of 1,050 kilowatt peak (kWp), the mini-grids were developed… Read More Here
IMF Praises Zambia’s Economic Progress Under Extended Credit Facility Programme 4 Mining in Zambia Economy 

IMF Praises Zambia’s Economic Progress Under Extended Credit Facility Programme

IMF Commends Zambia’s Economic Growth and Reform Efforts Following ECF Review Mission An International Monetary Fund (IMF) mission has concluded its visit to Zambia after assessing the country’s progress under the Extended Credit Facility (ECF) programme. The mission, led by Ms. Mercedes Vera Martin, met with government officials, private sector representatives, civil society organisations, and development partners between 22 October and 4 November 2025. In a statement issued at the end of the visit, Ms. Vera Martin described discussions with the Zambian authorities as “constructive and productive,” highlighting the government’s… Read More Here
Minister Kabuswe Commends Mingomba for Driving Inclusive and Sustainable Development 5 Mining in Zambia Corporate News Events & Expos 

Minister Kabuswe Commends Mingomba for Driving Inclusive and Sustainable Development

Minister Kabuswe Applauds Mingomba Mine for Transforming Kawama, Highlights Local Content Breakthrough Minister of Mines and Minerals Development, Hon. Paul Kabuswe, has commended Mingomba Mining Limited for its commitment to responsible and inclusive development, citing the company’s investments in community infrastructure and supplier engagement as strong examples of modern, sustainable mining practice. Speaking during the Mingomba Service and Suppliers Fair in Chililabombwe, Hon. Kabuswe noted that the company’s initiatives in Kawama Township including the construction of a modern secondary school and improvements to local road access reflect a long-term vision… Read More Here
Shuka Minerals Delays Zambia Mine Acquisition After GMI Funding Fails to Arrive 6 Mining in Zambia Corporate News Mergers & Acquisitions 

Shuka Minerals Delays Zambia Mine Acquisition After GMI Funding Fails to Arrive

Shuka Minerals Faces Further Delay in Zambia Acquisition as Financing Partner Misses Payment Deadline Aim- and AltX-listed Shuka Minerals has announced another delay in completing its planned acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine in Zambia, citing late payment from its financing partner, Gathoni Muchai Investments (GMI). In a statement issued on November 3, Shuka said that despite written confirmation from GMI, the $1.35 million balance of the cash consideration due to the LEM vendors had not yet been received. GMI had initially advised that… Read More Here
AfDB Approves $14.5 Million to Power Zambia’s Clean Energy Transition with New Solar Project 7 Mining in Zambia Energy 

AfDB Approves $14.5 Million to Power Zambia’s Clean Energy Transition with New Solar Project

African Development Bank Funds $14.5 Million Solar Project to Boost Zambia’s Renewable Energy and Cut Power Shortages The African Development Bank Group (AfDB) has approved a $14.54 million financing package to support the Garneton North 20-megawatt solar power project in Zambia’s Copperbelt Province — a key milestone in the country’s shift toward renewable energy and energy security. The financing includes $7.27 million from the Bank’s own resources and an equal amount in concessional funding from a Development Finance Institution. The project underscores the AfDB’s commitment to closing Zambia’s energy deficit… Read More Here
Zambia’s Kwacha Strengthens on Higher Copper Exports and Improved Fiscal Discipline 8 Mining in Zambia Copper Economy 

Zambia’s Kwacha Strengthens on Higher Copper Exports and Improved Fiscal Discipline

Rising Mining Exports Strengthen the Kwacha as Confidence Grows in Zambia’s Economic Policy Zambia’s mining exports have driven a surge in foreign exchange inflows, boosting demand for the Kwacha and strengthening the local currency against the US Dollar. As of the latest trading session, the Kwacha stood at K21.70 for buying and K22.13 for selling. Trade experts noted that the increase in copper output—the country’s top export—has played a major role in the currency’s appreciation. They also credited the government’s consistent fiscal management and clear economic direction for improving investor… Read More Here
Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt 9 Transport and Logistics Angola Mining in Zambia 

Angola Seeks $4.5 Billion to Build Rail Link Connecting Zambia’s Copperbelt

Angola Secures International Support for $4.5B Zambia-Lobito Rail Corridor to Boost Copper Trade Angola sought $4.5 billion in funding to construct an ambitious rail link to Zambia’s copper-rich region, Transport Minister Ricardo Viegas d’Abreu said. Italy committed $320 million to the project, while the African Development Bank pledged $500 million, d’Abreu told reporters Wednesday on the sidelines of a conference in Luanda, Angola’s capital. He also noted that the Egyptian government had recently expressed interest in financing the initiative. The new Zambian spur is part of the larger Lobito Corridor… Read More Here
Dump truck with sky view Mining in Zambia Copper Corporate News 

FQM DELIVERS Q3 COPPER PRODUCTION BOOST AT KANSANSHI AND SENTINEL 

First Quantum Minerals (FQM) has reported increases in copper production at both its Kansanshi and Sentinel mines in North-Western Province, reinforced by the completion of its S3 processing plant at Kansanshi. Its Kansanshi operation in Solwezi reported 47,000 tonnes of copper production in the third quarter of this year, an increase of nearly 7,000 tonnes from the previous quarter. The improvement was mainly driven by higher mill throughput with the commissioning of the S3 expansion project, which was officially launched by President Hakainde Hichilema in August. “The ramp-up of S3… Read More Here

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