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Category: Mining in Zambia

Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition 1 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 2 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 3 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 4 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 5 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 6 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
Zambia Launches Western Corridor Transformation Project to Boost Regional Trade and Infrastructure 7 Mining in Zambia Infrastructural Development 

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

Constance
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 8 Mining in Zambia Corporate News Press Release 

Kagem Renews ISO Certifications and Earns New Information Security Standard

Constance
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 9 Mining in Zambia Energy 

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

Constance
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 10 Mining in Zambia Economy 

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

Constance
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

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