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Category: Mining in Zambia

Govt and Zambia Chamber of Mines Reach Agreement on Local Content Regulations 1 Mining in Zambia Economy 

Govt and Zambia Chamber of Mines Reach Agreement on Local Content Regulations

Constance
The Ministry of Mines and Minerals Development and the Zambia Chamber of Mines have reached an important agreement on the draft Statutory Instrument (SI) concerning Local Content in the mining sector. The two parties have agreed that the draft SI will now move to the next stage of development, following a series of amendments discussed and accepted during a meeting held in Lusaka earlier today. In a joint statement signed by Zambia Chamber of Mines President Anthony Malenga and Ministry of Mines Permanent Secretary Hapenga Kabeta, both sides expressed satisfaction… Read More Here
Kansanshi S3 Launch Set for August as FQM Nears Completion of the $1.25 Billion Expansion 2 Mining in Zambia Copper Corporate News New Mining Projects 

Kansanshi S3 Launch Set for August as FQM Nears Completion of the $1.25 Billion Expansion

Constance
First Quantum Minerals (FQM) has reached a significant milestone in the development of its US$1.25 billion Kansanshi S3 Expansion Project in Solwezi, North-Western Province. Now 92% complete, the massive upgrade is on track for commissioning by August this year—marking a major milestone for one of Zambia’s most significant copper operations. August 2025 will mark three years since FQM announced its bold commitment to expand the Kansanshi Mining operations—already among Zambia’s largest copper producers. At the same time, the company pledged an additional US$100 million toward bringing the Enterprise Nickel Project… Read More Here
ABB, Hitachi, Komatsu, and Sumitomo Power Up Zambia’s First Electric Mining Fleet 3 Mining in Zambia Copper Equipment & Technology 

ABB, Hitachi, Komatsu, and Sumitomo Power Up Zambia’s First Electric Mining Fleet

Constance
As global demand for battery minerals continues to surge, technology leaders ABB, Hitachi, Komatsu, and Sumitomo are joining forces to decarbonize mining operations through a cutting-edge electrification strategy that has already reduced emissions across several Japanese sites. The partnership between Hitachi Construction Machinery and ABB Traction reached a major milestone last year with the completion of a prototype for a fully electric, 240-ton haul truck designed for heavy-duty mining. Since then, Komatsu and Sumitomo have joined the effort. These new electric haul trucks are now operating at First Quantum Minerals’… Read More Here
GoviEx Uranium Strengthens Team with New Metallurgist for Zambia’s Muntanga Project 4 Mining in Zambia Corporate News Mining Personality New Mining Projects Uranium 

GoviEx Uranium Strengthens Team with New Metallurgist for Zambia’s Muntanga Project

Constance
TSX-listed GoviEx Uranium has appointed Deogratias M Bukunkwe as project and commissioning metallurgist to advance development of its Muntanga uranium project in Zambia. Bukunkwe, a Zambian national, brings over 25 years of experience in process startup and operations, including senior startup roles at the Kayelekera and Langer Heinrich uranium mines. He also led operational readiness at DRA Minopex and recently served as commissioning manager for Freeport-McMoRan’s Grasberg gold and copper concentrator in Indonesia. His immediate focus will be to develop a detailed pre-commissioning framework to position Muntanga as “project-ready” for… Read More Here
Zambian delegation advances preparations to host 2026 International Mine Rescue Competition 5 Mining in Zambia Safety & Health 

Zambian delegation advances preparations to host 2026 International Mine Rescue Competition

Constance
The Zambian delegation of mining professionals currently in Canada for a hands-on training programme in preparation for hosting the 2026 International Mine Rescue Competition (IMRC) has successfully completed a series of intensive workshops in Sudbury. The delegation will now proceed to Timmins, where they will be involved in the practical setting up of scenarios for the Ontario Provincial Mine Rescue Competitions as part of their learning experience. Zambia is set to make history by becoming the first African country to host the IMRC in the competition’s over 100-year history. The… Read More Here
North Western Corridor Set to Transform Copper Exports from DRC to Namibia 6 Mining in DRC Copper Mining in Zambia 

North Western Corridor Set to Transform Copper Exports from DRC to Namibia

Constance
The Walvis Bay Corridor Group (WBCG) is advancing plans to establish a transformative trade route connecting Kolwezi in the Democratic Republic of Congo (DRC) to Walvis Bay in Namibia. Dubbed the “North-Western Corridor,” this strategic initiative aims to offer a faster, shorter, and more efficient logistics alternative to the region’s current, overburdened routes. At present, mineral exports from the DRC and Zambia travel through the congested Copperbelt and the heavily used Kasumbalesa border post, causing frequent delays and increased transportation costs. The new corridor is designed to bypass these bottlenecks,… Read More Here
President Hichilema Reopens Lubambe Mine Under Chinese Ownership 7 Mining in Zambia Copper New Mining Projects 

President Hichilema Reopens Lubambe Mine Under Chinese Ownership

Constance
CHILILABOMBWE, ZAMBIA – President Hakainde Hichilema has officially re-launched operations at Lubambe Copper Mine Limited in Chililabombwe, under the new ownership of Chinese firm JCHX Mining Limited, marking a new chapter in Zambia’s mining revival and strategic partnership with China. Speaking during a ceremony held at the mine, President Hichilema highlighted the tangible benefits emerging from Zambia’s strengthened cooperation with China, citing ongoing developments such as the 28 Shaft project in Luanshya, the revitalization of Mulungushi Textiles in Kabwe, and the significant investment in sinking two new shafts at Lubambe.… Read More Here
New US-Zambia Copper-Cobalt Venture Launched with $100M Investment 8 Mining in Zambia Battery Metals Cobalt Copper New Mining Projects 

New US-Zambia Copper-Cobalt Venture Launched with $100M Investment

Constance
US-based critical minerals developer Terra Metals and resource investment firm Metalex Commodities have finalized an agreement to establish Lunda Resources, a new copper and cobalt production venture in Zambia that both companies describe as a potential “powerhouse” in the global critical minerals market. A formal signing ceremony is set to take place at the US Embassy in Lusaka, underscoring the initiative’s alignment with US government priorities on securing critical mineral supply chains. In a statement released Wednesday, Terra Metals said the agreement represents a significant diplomatic and commercial milestone for… Read More Here
CEC Becomes First LuSE-Listed Company to Surpass $1 Billion Market Capitalisation 9 Mining in Zambia Energy 

CEC Becomes First LuSE-Listed Company to Surpass $1 Billion Market Capitalisation

Constance
The Copperbelt Energy Corporation (CEC) has made history by becoming the first company listed on the Lusaka Securities Exchange (LuSE) to achieve a market capitalisation exceeding US$1 billion — a landmark moment for both Zambia’s capital markets and the energy sector. The milestone was announced by Verona Nkolola, CEC’s Head of Corporate Communications and Investor Relations, following a 6.19% increase in the company’s share price, which rose from K16.65 to K17.68 on May 22, 2025. The surge propelled CEC’s valuation beyond the billion-dollar mark. “This historic achievement reflects strong investor… Read More Here
President Hichilema to Recommission Deep Shaft at Lubambe Mine Amid Renewed Mining Sector Growth 10 Mining in Zambia Copper New Mining Projects 

President Hichilema to Recommission Deep Shaft at Lubambe Mine Amid Renewed Mining Sector Growth

Constance
President Hakainde Hichilema is set to recommission the deep shaft at Lubambe Mine in Chililabombwe, located in Zambia’s Copperbelt Province, on Friday. The announcement was made by Chief Government Spokesperson Cornelius Mweetwa during a press conference held in Choma on Thursday. “On Friday, the President will officiate at the recommissioning of the Lubambe deep shaft, where two deep shafts are either being commissioned or prepared for construction,” said Mr. Mweetwa. He added that this development reflects the positive impact of recent economic growth and a renewed commitment from the business… Read More Here

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