Mining in Zambia - Copperbelt Katanga Mining

CEC to Add Over 800 MW of Solar Power to Zambia’s Grid by 2027 Amid Hydropower Shortfalls 1

Zambia’s CEC Targets 800+ MW Solar Expansion by 2027 to Offset Hydropower Deficit Zambia’s Copperbelt Energy Corporation (CEC) plans to add more than 800 MW of solar energy to the national grid by the end of 2027, significantly expanding the country’s renewable energy portfolio. This initiative supports Zambia’s national goal to diversify its energy mix and address hydropower shortfalls caused by climate change. Historically, Zambia has relied heavily on hydropower, particularly from the Kariba Dam. Under normal conditions, the country’s share of generation from the dam is around 3 GW,… Read More Here

Mining in Zambia Copper Corporate News Economy

Barrick CEO Reaffirms Long-Term Copper Optimism Despite U.S. Tariff Shock

July 13, 2025July 13, 2025 Constance

Barrick CEO Says Copper Demand Will Outpace Supply Despite U.S. Tariff Volatility Copper miners remain confident in the metal’s long-term prospects, despite the short-term price turbulence caused by the United States’ newly announced 50% tariff on imported copper, according to Barrick Gold CEO Mark Bristow. Speaking in Lusaka, Zambia—where Barrick is significantly expanding its copper operations—Bristow emphasized that the underlying fundamentals for copper remain strong, even as geopolitical decisions create short-term uncertainty. On Wednesday, U.S. President Donald Trump announced a new 50% tariff on copper imports, effective August 1, citing… Read More Here

Mining in Zambia Copper Corporate News

FQM’s Stake in Prospect Resources set to Extend Sentinel Mine and Drive Zambia’s Copper Growth

July 13, 2025July 13, 2025 Constance

FQM Targets Sentinel Mine Life Extension Through Strategic Investment in Mumbezhi Copper Project First Quantum Minerals’ (FQM) recent strategic investment in Prospect Resources could significantly extend the life of its flagship Sentinel copper mine in Zambia, according to FQM Country Director Anthony Mukutuma. In April, the Canada-based mining giant acquired a 15% stake in Prospect Resources, becoming the largest shareholder in the Australia-listed exploration company. This move marks a key step in strengthening FQM’s copper resource base in Zambia. READ ALSO:FQM Invests in Prospect Resources to Advance Mumbezhi Copper Project… Read More Here

Mining in Zambia Copper Corporate News

Barrick’s $2B Lumwana Expansion to Double Copper Output and Drive Sustainable Growth in Zambia

July 13, 2025July 13, 2025 Constance

Barrick’s $2 Billion Lumwana Mine Expansion Set to Double Copper Output and Boost Zambia’s Economy Construction of the $2-billion expansion at Barrick Gold Corporation’s Lumwana copper mine in Zambia is well underway, marking a pivotal step in its transformation into a world-class Tier 1 copper operation. The project is being spearheaded by the NYSE- and TSX-listed mining giant and is set to significantly increase output and economic impact. During a recent visit to Lusaka, Barrick president and CEO Mark Bristow highlighted how the expansion builds on a remarkable turnaround that… Read More Here

Mining in Zambia Corporate News Events & Expos

First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair

July 7, 2025July 7, 2025 Constance

First Quantum Minerals (FQM) has reaffirmed its commitment to Zambia’s economic transformation by sponsoring 27 local Small and Medium-sized Enterprises (SMEs) to participate in the 2025 Zambia International Trade Fair in Ndola. This initiative supports the Government’s efforts to boost local content and strengthen business resilience, in line with the fair’s theme: “Enhancing Business Resilience through Innovation and Trade.” FQM’s sponsorship is part of its broader Supplier Development Programme, which aims to empower Zambian businesses within the mining value chain. The programme offers mentorship, access to finance, skills development, and… Read More Here

Mining in Zambia Economy

Zambia’s Economy Shows Steady Growth with Positive Outlook

July 7, 2025July 7, 2025 Constance

Finance and National Planning Minister Dr. Situmbeko Musokotwana has announced that Zambia has recorded consistent economic growth over the past three years, with projections indicating continued improvement in the years ahead. Speaking in Lusaka during the launch of the Zambia Economic Outlook Report, Dr. Musokotwana highlighted that the country’s economic prospects remain favourable. The report notes that while Zambia’s outlook is positive, further diversification of the economy is essential to mitigate potential risks. It also underscores the country’s potential to drive growth by leveraging its rich endowment of energy transition… Read More Here

Mining in Zambia Energy Green Energy

Zambia Launches 100 MW Solar Plant to Cut Imports and Power Mining Sector

July 3, 2025July 8, 2025 Constance

Zambia’s President Hakainde Hichilema on Monday inaugurated the country’s largest grid-connected solar power plant, the 100-megawatt Chisamba project, developed by PowerChina. The facility will supply electricity directly to First Quantum Minerals, one of Zambia’s largest copper producers. The project is expected to significantly reduce Zambia’s reliance on electricity imports from neighboring South Africa and Mozambique. By supplying power to the mining giant, the solar plant will also free up additional electricity capacity for local consumers. Zambia currently depends heavily on hydropower for its electricity needs. However, a prolonged drought has… Read More Here

Mining in Zambia Battery Metals Cobalt Copper New Mining Projects

India Targets Critical Minerals in Zambia Amid Global Supply Concerns

July 3, 2025July 3, 2025 Constance

India has deployed a team of geologists to Zambia to explore deposits of copper and cobalt, two minerals critical to its clean energy transition, according to two Indian government sources. The Zambian government has allocated 9,000 square kilometers (approximately 3,475 square miles) to India for this exploration initiative. The focus will be on cobalt—a vital component in batteries for electric vehicles and mobile phones—and copper, which is widely used in power generation, electronics, and construction. The exploration project is expected to span three years, with most of the sample analysis… Read More Here

Mining in Zambia Copper Drilling New Mining Projects

Patriot Resources Begins Drilling at New Copper Prospect in Zambia

June 30, 2025June 30, 2025 Constance

Australian mining company Patriot Resources announced on Monday the commencement of drilling operations at its newly identified Copper Top Hill prospect, located approximately 850 metres northeast of the Sugarloaf copper deposit in Zambia’s Central Copperbelt. The Copper Top Hill prospect was recently delineated following geological mapping and surface sampling, which revealed visible copper mineralisation extending along strike for over 800 metres. Based on these findings, Patriot formally designated the area as a new discovery within the Sugarloaf licence. Rock chip samples collected from the site returned copper grades of up… Read More Here