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Category: Mining in Zambia

Zambia’s Copper Output Slips in Q2 on Operational Challenges at Key Mines 1 Copper Mining in Zambia 

Zambia’s Copper Output Slips in Q2 on Operational Challenges at Key Mines

Constance
Zambia Copper Production Declines in Q2 Amid Mine Closures and Lower Ore Grades Zambia’s copper production dipped slightly in the second quarter of the year as operational issues at four major mines weighed on output, Mines Minister Paul Kabuswe announced on Thursday last week. Kabuswe pointed to the closure of Sino Metals following an acid spill and reduced ore grades at First Quantum Minerals’ Trident mine as key factors behind the decline. According to the minister, first-half production totaled about 439,644 metric tons. With first-quarter output reported at roughly 224,000… Read More Here
Barrick Gold Highlights Africa as Core Growth Driver with Record Output from Kibali and Lumwana 2 Gold Corporate News Mining in DRC Mining in Zambia 

Barrick Gold Highlights Africa as Core Growth Driver with Record Output from Kibali and Lumwana

Constance
Barrick Hails Africa as Key Cash Generator, Showcasing Growth Across Gold and Copper Operations Africa remains a cornerstone of Barrick Gold’s portfolio, with the continent delivering some of the strongest cash flows for the company in the second quarter of 2025. CEO Mark Bristow praised the region’s performance, noting higher production, improved unit costs, and progress on multiple strategic growth projects. Barrick’s flagship Kibali gold mine in the Democratic Republic of Congo (DRC) delivered another strong quarter. Operated by Barrick and jointly owned with AngloGold Ashanti (45% each) and Société… Read More Here
Zambia Copper Mine Disaster Far Worse Than Reported, Independent Audit Finds 3 Copper Mining in Zambia Safety & Health 

Zambia Copper Mine Disaster Far Worse Than Reported, Independent Audit Finds

Constance
Zambia Copper Mine Spill Released 30x More Toxic Waste Than Official Estimate, Audit Reveals The partial collapse of a waste dam at a Chinese state-owned copper mine in Zambia may have released 30 times more toxic sludge into the environment than previously reported, according to an independent evaluation of the disaster. An assessment by Drizit Zambia Ltd., hired to investigate the February 18 accident at Sino-Metals Leach Zambia Ltd. near Kitwe, found that at least 1.5 million tons of sulphuric acid-bearing tailings escaped—enough to fill more than 400 Olympic-sized swimming… Read More Here
Gemfields Sells Fabergé to SMG Capital for $50 Million to Focus on Mining Operations 4 Mining in Zambia Gemstones News in Brief 

Gemfields Sells Fabergé to SMG Capital for $50 Million to Focus on Mining Operations

Constance
Gemfields Offloads Fabergé in $50M Deal to Boost Mozambique and Zambia Mining Projects Gemfields Group has sold luxury jeweller Fabergé Ltd to investment firm SMG Capital for $50 million, marking a significant step in the coloured gemstone miner’s strategy to streamline operations and refocus on its core mining business. The sale follows a strategic review launched late last year. Gemfields acquired Fabergé in 2012 to strengthen its gemstone portfolio and leverage the brand’s prestige to promote its jewellery offerings. Founded in 1842 by Gustav Fabergé, the brand became world-famous for… Read More Here
Zambia Secures $30.1 Million in Trade Deals to Boost Angola Partnerships at FILDA 2025 5 Mining in Zambia Economy Partnership 

Zambia Secures $30.1 Million in Trade Deals to Boost Angola Partnerships at FILDA 2025

Constance
Zambian Firms Seal $30.1 Million in Deals at Angola’s FILDA Trade Fair Luanda — The Zambian Development Agency (ZDA) has announced that Zambian companies secured an estimated US$30.1 million in trade deals during the 40th Edition of the Angola International Trade Fair (FILDA 2025). The agreements reflect growing interest from Zambian businesses in expanding partnerships with Angolan companies across multiple sectors. In a statement released Monday, the ZDA confirmed that 20 Zambian companies participated in a trade mission from July 24–26 in Luanda, signing agreements in industries including manufacturing, agro-processing,… Read More Here
Zambia Seeks $145 Million Boost Through IMF Programme Extension 6 Mining in Zambia Economy 

Zambia Seeks $145 Million Boost Through IMF Programme Extension

Constance
Zambia IMF funding, Zambia debt relief, Extended Credit Facility, Situmbeko Musokotwane, Zambia economic recovery Zambia is seeking an additional $145 million from the International Monetary Fund (IMF) by extending its existing programme for another 12 months, Finance Minister Situmbeko Musokotwane announced on Tuesday last week. The copper-rich Southern African nation is working to restore fiscal stability after years of mounting debt. As of July 2025, Zambia ranks among the African countries with the highest debt exposure to the IMF. Last month, the government revealed plans to request an extension of… Read More Here
Zambia’s ZANAMACA to Mobilise Small-Scale Miners for Compliance, Funding, and Market Access 7 Mining in Zambia Economy 

Zambia’s ZANAMACA to Mobilise Small-Scale Miners for Compliance, Funding, and Market Access

Constance
ZANAMACA Expands to Support Small-Scale Miners, Driving Compliance and Inclusive Growth The Zambia National Marketeers Credit Association (ZANAMACA) has announced plans to mobilise and engage small-scale miners nationwide as part of its strategy to promote compliance, financial literacy, and inclusive economic growth. With a membership of over one million spanning all provinces, ZANAMACA has traditionally focused on empowering youth and women in small and medium-sized enterprises. The association is now expanding its reach to include small-scale miners, aiming to strengthen their role in Zambia’s formal economy. Speaking from ZANAMACA’s headquarters… Read More Here
Zambia Urges Chiefs to Cut Consent Fees and Limit Cooperative Sizes to Attract Mining Investment 8 Mining in Zambia 

Zambia Urges Chiefs to Cut Consent Fees and Limit Cooperative Sizes to Attract Mining Investment

Constance
Zambia Calls on Chiefs to Cut Consent Fees and Limit Cooperative Size to Boost Mineral Exploration The Ministry of Mines and Minerals Development has urged traditional leaders to adopt a pro-investment approach to mineral exploration in their chiefdoms by avoiding excessive consent fees that could discourage investors. Permanent Secretary Dr. Hapenga Kabeta told representatives from Planet Gold Zambia that unreasonably high charges for exploration rights undermine national development and deter responsible mining companies from operating in rural areas. “Traditional leaders are key to attracting investment, but unreasonable financial demands hinder… Read More Here
FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust 9 Mining in Zambia Copper Corporate News 

FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust

Constance
First Quantum’s Kansanshi Mine Launches Public Process to Create Inclusive Grievance Mechanism in Zambia First Quantum Minerals’ (FQM) Kansanshi Mining PLC has launched a public consultative process to develop a new Grievance Management Procedure, aimed at improving transparency, accountability, and community engagement. The initiative seeks to establish a comprehensive framework for receiving, assessing, and resolving concerns from both internal and external stakeholders in a transparent, fair, and timely manner, with active community participation. North-Western Province Deputy Permanent Secretary, Luckson Mulumbi, praised Kansanshi Mining PLC for taking a proactive step toward… Read More Here
U.S. to Require $15,000 Visa Bonds for Zambia and Malawi Travelers Under New Trump Policy 10 Mining in Zambia Governance Transport and Logistics 

U.S. to Require $15,000 Visa Bonds for Zambia and Malawi Travelers Under New Trump Policy

Constance
Trump Administration Imposes Up to $15,000 Visa Bond on Zambia, Malawi Visitors Starting August 20, 2025 The administration of President Donald Trump will soon require certain visa applicants from Zambia and Malawi to post bonds of up to $15,000 for tourist and business travel to the United States, according to a U.S. State Department announcement on Tuesday. The policy, part of a new pilot program, will take effect August 20, 2025. Under the new rules, citizens or nationals traveling on passports issued by either country who are found eligible for… Read More Here

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