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Category: Mining in Zambia

Copper exports from DRC to the US begin via Lobito Atlantic Railway 1 Mining in DRC Angola Copper Mining in Zambia Transport and Logistics 

Copper exports from DRC to the US begin via Lobito Atlantic Railway

Constance
The first US-bound copper shipment from the Democratic Republic of the Congo (DRC) via the Lobito Atlantic Railway (LAR) has been successfully loaded. The cargo of copper cathodes, destined for Baltimore, was transported by train to Angola’s port of Lobito on August 19, according to global commodities trader Trafigura Group, part of the consortium holding the railway concession. This shipment follows earlier deliveries to European and Far Eastern ports since the Lobito Atlantic Railway began operating the concession in January 2023. LAR, a joint venture backed by Trafigura, Portuguese construction… Read More Here
Jubilee Metals Exceeds Chrome Production Goals, Meets Copper Targets in Q4 2024 2 Mining in Zambia 

Jubilee Metals Exceeds Chrome Production Goals, Meets Copper Targets in Q4 2024

Constance
Diversified metals producer Jubilee Metals Group has met its copper production targets and exceeded its chrome production guidance for the fourth quarter of the 2024 financial year. In its Zambian operations, Jubilee achieved a 51.7% quarter-on-quarter increase in copper production, reaching 1,048 tonnes for the three months ending June 30, despite operational stoppages due to construction activities at the Roan site. For the full year, copper production rose by 17.1% to 3,422 tonnes, aligning with the company’s guidance range of 3,250 to 4,000 tonnes. Jubilee’s South African operations also saw… Read More Here
President Hichilema Officially Hands Over KCM to Vedanta Resources 3 Mining in Zambia Copper Economy 

President Hichilema Officially Hands Over KCM to Vedanta Resources

Constance
Konkola Copper Mines (KCM) has been officially handed back to Vedanta Resources, marking the beginning of a new chapter for both the Copperbelt region and the nation. At the re-launch ceremony in Chililabombwe, President Hakainde Hichilema emphasized the importance of resolving disputes through dialogue rather than legal battles, commending Vedanta Resources and the government for negotiating a successful outcome. He described the handover as a “new chapter for KCM” and expressed optimism about the future. President Hichilema highlighted that KCM’s revival under Vedanta will create jobs for Zambians and expand… Read More Here
President Hichilema Hails Three Years of Progress, Highlights Key Achievements 4 Mining in Zambia Copper Economy Governance 

President Hichilema Hails Three Years of Progress, Highlights Key Achievements

Constance
President Hakainde Hichilema has hailed his three years in office as a success, emphasizing significant achievements across various sectors due to dedicated efforts. Among the accomplishments highlighted are the revitalization of key mining operations, including Mopani Copper Mines, Konkola Copper Mines (KCM), and Shaft 28 in Luanshya. The President made these remarks during an interaction with the public and journalists at Simon Mwansa Kapwepwe International Airport in Ndola. His visit to the Copperbelt Province is part of a two-day working tour. Earlier, President Hichilema met with UPND Bwana Mukubwa Party… Read More Here
President Hichilema Urges Vedanta to Strengthen Community Relations as KCM Operations Resume 5 Mining in Zambia Copper Economy 

President Hichilema Urges Vedanta to Strengthen Community Relations as KCM Operations Resume

Constance
President Hakainde Hichilema has called on Vedanta Resources Limited, the owner of Konkola Copper Mines (KCM), to improve its engagement with local communities as it resumes operations. He emphasized that the government has already discussed with the company to prevent the issues that led to the mine’s previous liquidation, stressing the need for a renewed commitment to responsible practices. The President also highlighted the importance of mining companies fulfilling their obligations to traditional leaders, including the sponsorship of cultural ceremonies. He made these remarks during a meeting with traditional leaders… Read More Here
First Quantum Mining in Zambia About Company Copper Gold 

Kansanshi Copper-Gold Mine – A Flagship of Innovation and Sustainability

Constance
Overview The Kansanshi copper-gold mine, located near Solwezi in Zambia’s North Western Province, has been a cornerstone of operations since 2005. As one of Africa’s largest copper-producing mine, Kansanshi stands out for its world-class efficiency and cutting-edge technology. Managed by Kansanshi Mining PLC, 80% owned by First Quantum, the mine employs over 13,000 people, predominantly Zambians, contributing significantly to the local economy. Mining and Processing Kansanshi is renowned for its rich vein deposits, with copper and gold mineralization found in three distinct ore types: primary sulphide, mixed supergene, and oxide.… Read More Here
President Hichilema Launches $600 Million Sinomine Kitumba Mining Project in Mumbwa 27 Mining in Zambia Copper New Mining Projects 

President Hichilema Launches $600 Million Sinomine Kitumba Mining Project in Mumbwa

Constance
President Hakainde Hichilema has officially launched the $600 million Sinomine Kitumba mining project in Mumbwa District, Central Province, marking a significant step in revitalizing Zambia’s mining industry and boosting economic growth. During the groundbreaking ceremony, President Hichilema highlighted the project’s crucial role in copper cathode production, supported by the development of a 50-megawatt solar power plant that will be integrated into Zambia’s national grid. The project is expected to create over 2,500 direct and indirect jobs, providing substantial employment opportunities across various sectors. “This investment will have a transformative impact… Read More Here
Copper Prices Stabilize as DRC-Zambia Border Reopens After Brief Crisis 28 Mining in DRC Copper Economy Mining in Zambia 

Copper Prices Stabilize as DRC-Zambia Border Reopens After Brief Crisis

Constance
Global copper prices have stabilized below the USD 9,000 per tonne mark following the resolution of a brief but intense border dispute between the Democratic Republic of Congo (DRC) and Zambia. Earlier concerns about a potential disruption to one of the world’s key copper export corridors had driven prices up for two days. However, after reaching around USD 8,900 per tonne on August 13, 2024, prices dipped slightly below USD 8,800 as tensions eased. The border crisis began when the DRC unilaterally banned the import of beer, soft drinks, and… Read More Here
Kasenseli Gold Mine to Reopen After K42 Million Investment in Safety Upgrades 29 Gold Mining in Zambia Mining safety New Mining Projects 

Kasenseli Gold Mine to Reopen After K42 Million Investment in Safety Upgrades

Constance
The Zambia Gold Company (ZGC) has approved a K42 million investment for remedial works at the Kasenseli Gold Mine in Mwinilunga District, North Western Province. This decision paves the way for the mine’s reopening, which had been suspended by the government in 2021 following a series of fatalities related to illegal mining activities. Guy Phiri, Chairperson of the ZGC Board of Directors, announced that the mine is expected to resume full operations by September this year. “We anticipate creating around 500 jobs once the mine is fully operational, with a… Read More Here

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