Mining in Zambia - Copperbelt Katanga Mining

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

Mining in Zambia Copper Corporate News

Vedanta Completes Initial $124 Million Investment in KCM Ahead of Schedule

July 16, 2025July 16, 2025 Constance

Vedanta Surpasses $400 Million Investment in Konkola Copper Mines, Accelerating Zambia Copper Production Vedanta Resources has successfully fulfilled its initial investment commitment of US$124 million under the Shareholders’ Agreement ahead of the July 1, 2025 deadline. This brings Vedanta’s total investment in Konkola Copper Mines (KCM) operations to over US$400 million since resuming management in August 2024. This milestone is a key step toward Vedanta’s broader pledge to invest US$1 billion over five years to revive and expand KCM. The company is focused on increasing production capacity and enhancing sustainability… Read More Here

Mining in Zambia Copper

Zambia and Mercuria Launch Copper Exports After Govt Waives Export Duty

July 14, 2025July 14, 2025 Constance

Zambia and Mercuria Begin Copper Exports Under New Partnership After Export Duty Suspension Zambia’s state-owned Industrial Development Corporation (IDC) and global commodities trader Mercuria Energy Group are set to export their first shipment of copper concentrates under a new joint venture, following a government waiver on export duties. The Zambian government issued a temporary suspension of the 10% export duty on semi-processed copper, covering 255,357 metric tons of copper concentrates. The waiver—granted on June 28 and formalized the day before—will remain in effect until October 1, according to official regulations.… Read More Here

Mining in Zambia Exploration Mergers & Acquisitions New Mining Projects Zinc

Shuka Minerals Secures £2M Loan to Finalize Kabwe Zinc Mine Acquisition and Launch Exploration

July 13, 2025July 13, 2025 Constance

Shuka Minerals Secures £2M Funding to Complete Kabwe Zinc Mine Acquisition and Advance Exploration in Zambia Aim- and AltX-listed Shuka Minerals has entered into an agreement with its second-largest shareholder, Gathoni Muchai Investments (GMI), to increase its loan facility by £1.5 million. This follows an initial £500,000 Tranche 1 loan extended in December 2024, bringing GMI’s total funding commitment to Shuka to £2 million. The additional funding comes as Shuka advances toward completing its acquisition of Leopard Exploration and Mining (LEM), a Zambian mining company that owns the Kabwe zinc… Read More Here

Mining in Zambia Copper Drilling Exploration New Mining Projects

Prospect Resources Advances Phase 2 Drilling at Mumbezhi with Promising Copper Intercepts and Expanded Exploration

July 13, 2025July 13, 2025 Constance

Prospect Resources Reports Strong Copper Intercepts at Zambia’s Mumbezhi Project as Phase 2 Drilling Accelerates ASX-listed Prospect Resources has reported encouraging progress from Phase 2 diamond drilling at the Nyungu Central deposit within the Mumbezhi copper project in north-west Zambia. The latest results validate the project’s broader structural geological model, underpinned by thick and high-grade copper intercepts. In parallel, the company confirmed that Phase 2 exploration activities are also advancing at the Kabikupa deposit, where extensional drilling is progressing well. Although final assay results from Kabikupa are still pending, initial… Read More Here

Mining in Zambia Corporate News

Jubilee Metals Appoints Shard Capital as Joint Broker Amid Strategic Pivot to Zambia

July 13, 2025July 13, 2025 Constance

Jubilee Metals Names Shard Capital as Joint Broker, Advances $90M Asset Sale in South Africa Diversified metals producer Jubilee Metals Group has appointed Shard Capital Partners as its joint broker with immediate effect, replacing RBC Capital Markets. Shard Capital will now work alongside Zeus Capital to support Jubilee’s capital markets activities and investor relations. The appointment marks a renewed collaboration, as the two companies have maintained a longstanding relationship. The change in brokerage support comes as Jubilee sharpens its strategic focus on Zambia, shifting away from its South African chrome… Read More Here