Minister Kabuswe Commends Mingomba for Driving Inclusive and Sustainable Development 1 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 2 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 3 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 4 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 5 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
Zambia and Zimbabwe Strengthen Energy Cooperation in High-Level Kariba Dam Talks 6 Mining in Zambia Energy 

Zambia and Zimbabwe Strengthen Energy Cooperation in High-Level Kariba Dam Talks

Zambia, Zimbabwe Agree on Increased Kariba Water Allocation and Joint Energy Collaboration Zambia and Zimbabwe have held a high-level joint ministerial meeting on energy in Harare, focusing on water usage at Kariba Dam and broader strategies to address the power challenges facing both nations. The meeting brought together Hon. Makozo Chikote, Zambia’s Minister of Energy, and Hon. July Moyo, Zimbabwe’s Minister of Energy and Power Development, along with senior representatives from ZESCO Limited, the Zimbabwe Power Company (ZPC), and the Zambezi River Authority (ZRA). Agreement on Water Allocation and Energy… Read More Here
Zambia Launches Environmental Assessment into Sino Metals Pollution on the Copperbelt 7 Mining in Zambia 

Zambia Launches Environmental Assessment into Sino Metals Pollution on the Copperbelt

Zambian Government Orders Full Environmental Probe into Sino Metals Leach Pollution The Government of Zambia has launched a comprehensive environmental assessment to determine the extent of pollution allegedly caused by Sino Metals Leach Zambia Limited, Minister of Green Economy and Environment Hon. Mike Mposha, MP, announced this week. The study will be conducted by Applied Science and Technology Associates, which has been contracted to lead the investigation and provide evidence-based recommendations to the Zambia Environmental Management Agency (ZEMA). According to the Ministry, the assessment will focus on three key areas:… Read More Here
Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia 8 Mining in Zambia Corporate News New Mining Projects 

Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia

Tertiary Minerals Raises £100,000 to Advance Mushima North Silver-Copper-Zinc Exploration in Zambia AIM-listed Tertiary Minerals has raised £100,000 before expenses through a share placing arranged by its joint broker, Peterhouse Capital. The placement involved 153.8 million new ordinary shares, issued exclusively to Stuart Packwood, a significant existing shareholder. Proceeds will be used to fund upcoming exploration work at the company’s Target A1 silver-copper-zinc prospect, part of the Mushima North project in Zambia. Following the placing, the new shares represent approximately 3.01% of Tertiary’s enlarged issued share capital. Upon admission, Packwood’s… Read More Here
Zambia and Mozambique Strengthen Bilateral Ties Through Strategic Cooperation Talks 9 Mining in Zambia Economy 

Zambia and Mozambique Strengthen Bilateral Ties Through Strategic Cooperation Talks

Presidents Hichilema and Chapo Reinforce Zambia–Mozambique Partnership with New Trade and Border Agreement President Hakainde Hichilema of Zambia and President Daniel Francisco Chapo of Mozambique held Official Talks at State House in Lusaka, reaffirming the deep-rooted friendship and commitment to stronger cooperation between the two neighbouring countries. The high-level discussions focused on expanding collaboration in economic development, trade, energy, and regional integration, while emphasizing the shared goal of peace and security across the Southern African region. A Relationship Anchored in History and Solidarity President Hichilema underscored the longstanding historical and… Read More Here

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