Mining in Zambia - Copperbelt Katanga Mining

FQM Named Zambia’s Top Mining Investor at 2025 Invest Zambia Conference 1

First Quantum Wins Zambia’s Best Mining Investor Award at 2025 Invest Zambia International Conference First Quantum Minerals (FQM) has been awarded the title of Zambia’s Best Investor in Mining – 2025 at the inaugural Invest Zambia International Conference (IZIC), held in Lusaka. The accolade acknowledges FQM’s decades-long commitment to Zambia’s mining industry and its contribution to the country’s economic transformation. Themed “Driving Generational Transformative Investments through Joint Ventures and Partnerships,” the conference brought together global investors, policymakers, and industry leaders to explore Zambia’s growing investment opportunities. Accepting the award, FQM… Read More Here

KCM Launches Major Underground Rail Upgrade to Boost Copper Transport and Output

July 22, 2025July 22, 2025 Constance

KCM Begins $Multi-Million Underground Rail Upgrade to Double Copper Transport at Konkola Mine Konkola Copper Mines (KCM) Plc has launched a transformative underground rail rehabilitation project at its flagship Konkola mine in Chililabombwe, Zambia. The initiative aims to more than double the mine’s copper ore transport capacity—an essential step in accelerating production growth and unlocking the full potential of one of the richest copper deposits in the world. The ambitious project spans nearly 6 kilometers of underground rail and officially commenced on July 2, 2025. It was inaugurated by Vedanta… Read More Here

Mining in Zambia Oil & Gas Petroleum

Zambia Inks $1.1 Billion Deal for Oil Refinery and Energy Hub in Ndola

July 22, 2025July 22, 2025 Constance

Zambia to Build $1.1 Billion Oil Refinery in Ndola to Cut Fuel Imports and Boost Exports Zambia has signed a landmark $1.1 billion agreement to construct a crude oil refinery and integrated energy complex in Ndola, located in the country’s Copperbelt Province, the government announced Monday. The project, aimed at reducing Zambia’s heavy reliance on imported fuel, will be developed through a partnership between the state-owned Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin Corporation. Construction is scheduled to begin in the third quarter of 2025, with initial commercial… Read More Here

Mining in Zambia Copper Corporate News Sponsored Content

Into the Earth: Kansanshi’s Underground Story

July 22, 2025July 27, 2025 Constance

How a bold underground engineering project keeps Zambia’s largest copper mine from flooding. There’s no shortage of water in Zambia’s North-Western Province. The region receives an average of 1,500 millimetres of rainfall annually, often more than ten times the national average. Beyond the skies, water also bursts forth from the ground in remarkable abundance. The Kafue and Zambezi rivers originate here, along with the Lunga, Kabompo, and several other vital waterways. But in this water-rich landscape, abundance comes with its own challenges. While seasonal rainfall presents difficulties of its own,… Read More Here

Mining in Zambia Corporate News Press Release

ZCCM-IH Shareholders in Over Half-a Billion Kwacha Dividend Payout

July 21, 2025July 21, 2025 Constance

21st July 2025, Lusaka, Zambia: ZCCM Investments Holdings Plc (ZCCM-IH) shareholders approved a dividend of K529 million (US$23 million) for the 2024 financial year during the Company’s 21st Annual General Meeting (AGM) held on Friday, 18th July 2025. Of this amount, ZMW410 million will go to the Government of the Republic of Zambia through the Industrial Development Corporation (ZMW319 million) and the Ministry of Finance and National Planning (ZMW91 million). The National Pension Scheme Authority (NAPSA) will receive ZMW79 million, and the balance of ZMW40 million will go to minority… Read More Here

Mining in Zambia Energy

CEC and ZESCO Advance Joint Solar Energy Projects Across Zambia

July 20, 2025July 20, 2025 Constance

CEC and ZESCO Partner to Fast-Track 1,000MW Solar Projects Across Zambia by 2025 The Copperbelt Energy Corporation (CEC) and ZESCO Limited have entered advanced talks to co-develop solar photovoltaic (PV) projects across Zambia, signaling a major step forward in the country’s renewable energy transition. The development was confirmed during the Invest Zambia International Conference held at Mulungushi International Conference Centre, themed “Sustained Investment in the Energy Sector – Trends and Opportunities.” CEC’s Head of Investments and Government Relations, Silvester Hibajene, revealed that the two power companies are exploring a public-private… Read More Here

Mining in Zambia Copper

Mopani Sets Final Compliance Deadline for Local Contractors

July 20, 2025July 20, 2025 Constance

Non-Compliant Mopani Contractors Face Ban by August 31, 2025: CEO Issues Final Warning Mopani Copper Mines has issued a firm deadline of August 31, 2025, for all local suppliers and contractors to comply with statutory obligations or risk being disqualified from doing business with the mining company. Speaking at a recent stakeholder engagement meeting, Chief Executive Officer Charles Sakanya expressed concern over the low compliance levels among local vendors with key institutions such as the National Pension Scheme Authority (NAPSA) and the Zambia Revenue Authority (ZRA). He revealed that out… Read More Here

Transport and Logistics Mining in DRC Mining in Zambia

Lobito Rail Project Gains U.S. Momentum as Gateway for Africa’s Copper and Cobalt

July 18, 2025July 18, 2025 Constance

U.S. Supports Lobito Corridor Rail Project Linking DRC, Angola, and Zambia to Accelerate Mineral Exports The United States has reaffirmed its commitment to advancing the Lobito Corridor—a transformative rail project that will connect the Democratic Republic of Congo (DRC), Angola, and Zambia—in a move aimed at boosting regional trade and unlocking economic opportunities. Speaking in a recent interview, U.S. Ambassador to the DRC, Lucy Tamlyn, described the Lobito Corridor as a powerful lever for economic transformation that will benefit both the DRC and the United States. “We’re in active discussions… Read More Here

Mining in Zambia Economy

President Hichilema Launches $70 Million SME Growth Initiative to Drive Inclusive Economic Development

July 18, 2025July 18, 2025 Constance

Zambia Launches $70M Growth Investment Partners Initiative to Support 150 SMEs and Mobilize $300M President Hakainde Hichilema has officially launched the $70 million Growth Investment Partners (GIP) initiative, a transformative program aimed at empowering 150 small and medium enterprises (SMEs) across Zambia and the broader region. Over the next 15 years, the initiative is expected to mobilize up to $300 million in investment dedicated to SME development and expansion. The GIP initiative is backed by key partners including British International Investment (BII), the National Pension Scheme Authority (NAPSA), and Swedfund.… Read More Here

Mining in Zambia Copper Economy

Zambia Targets 1 Million Tonnes of Copper in 2025 as Mining Sector Rebounds

July 18, 2025July 18, 2025 Constance

Zambia Set to Hit 1 Million Tonnes of Copper in 2025, Eyes 3 Million by 2030 Amid Mining Revival President Hakainde Hichilema has announced that Zambia is on track to produce one million tonnes of copper in 2025—marking a significant milestone toward the government’s long-term goal of reaching three million tonnes annually by 2030. Speaking at the Invest in Zambia Conference in Lusaka, President Hichilema highlighted the country’s renewed mining momentum, powered by a series of strategic reforms designed to unlock dormant mining assets and attract large-scale investment. A key… Read More Here