Mining in Zambia - Copperbelt Katanga Mining

KCM Applauds Presidential Support for KDMP, Targets 300,000 Tonnes of Copper by 2031

August 10, 2025August 10, 2025 Constance

Konkola Copper Mines Sets Sights on 300,000-Tonne Annual Output by 2031 with KDMP Boost Konkola Copper Mines (KCM) has welcomed the directive from His Excellency, Republican President Hakainde Hichilema, to maintain and accelerate progress on the Konkola Deep Mining Project (KDMP), with the ambitious goal of achieving an annual copper production capacity of 300,000 tonnes by 2031. President Hichilema made these remarks during his visit to the KCM exhibition stand at the 2025 Agricultural and Commercial Show in Lusaka, held from July 30 to August 4, 2025. He commended KCM’s… Read More Here

Mining in Zambia Corporate News Governance

Bank of Zambia Delegation Visits FQM Trident Commends Responsible Mining Practices

August 9, 2025August 9, 2025 Constance

Bank of Zambia Praises FQM Trident for Driving Jobs, Sustainable Mining, and Economic Growth A high-level delegation from the Bank of Zambia, led by Governor Dr. Denny Kalyalya and Deputy Governor Dr. Francis Chipimo, has visited First Quantum Minerals’ (FQM) Trident operation in Kalumbila, underscoring the critical role responsible mining plays in Zambia’s economic development. Hosted by Trident General Manager Scott Whitehead and Assistant General Manager Frederic Wouters, the visit brought together senior directors and staff from the central bank. The delegation toured Trident’s advanced mining facilities, which directly employ… Read More Here

Mining in Zambia Copper Safety & Health

Zambia Rejects US Concerns Over Copper Mine Acid Spill

August 8, 2025August 8, 2025 Constance

Zambia Says Copper Mine Acid Spill No Longer a Health Risk Amid US Travel Warning Zambia’s government on Thursday rejected claims that a February acid spill in its copper-mining region continues to pose a serious health threat, countering a US embassy travel advisory that warned of widespread contamination. The incident occurred when a tailings dam failed at a Chinese-operated copper processing plant in Chambishi, releasing 50,000 cubic metres of acidic slurry into nearby rivers. According to government spokesperson Cornelius Mweetwa, clean-up operations—primarily using lime to neutralise acidity—have restored pH levels… Read More Here

Mining in Zambia Economy Gold

ZCCM-IH Appointed by Government to Lead Transformation of Zambia’s Gold Sector

August 7, 2025August 7, 2025 Constance

ZCCM-IH Appointed to Overhaul Zambia’s Informal Gold Mining Industry for Sustainable National Growth ZCCM Investments Holdings Plc (ZCCM-IH) announced that it has officially been mandated by the Government of the Republic of Zambia to take the lead in the formalisation, development, and transformation of the gold sector in Zambia. This strategic appointment marks a historic milestone in the country’s mining landscape, paving the way for the creation of a structured, sustainable, and inclusive gold industry that benefits all Zambians. For decades, Zambia’s gold sector has remained largely informal—dominated by small-scale… Read More Here

Mining in Zambia Corporate News Economy Gold

Kansanshi Mine to Ensure Steady Gold Supply to Both Royal Gold and Bank of Zambia

August 7, 2025August 7, 2025 Constance

Kansanshi Mine Renews Gold Supply Agreement with Bank of Zambia While Honoring $1 Billion Deal with Royal Gold Kansanshi Mining Plc, a subsidiary of First Quantum Minerals (FQM), has reaffirmed its commitment to strengthening Zambia’s gold reserves by renewing its Memorandum of Understanding (MoU) with the Bank of Zambia (BOZ) for the continued sale of gold dore. This milestone was marked by a formal signing ceremony held today, signaling the continuation of a strategic partnership that dates back to 2020. The renewal comes at a time when Kansanshi is also… Read More Here

Mining in Zambia Corporate News Gold

FQM Announces $1 Billion Gold Streaming Agreement with Royal Gold

August 6, 2025August 6, 2025 Constance

First Quantum Minerals Enters $1B Gold Streaming Agreement with Royal Gold to Boost Liquidity and Maintain Copper Exposure at Kansanshi Mine First Quantum Minerals Ltd. has announced that it has entered into a gold streaming agreement (the “Agreement”) with RGLD Gold AG, a wholly owned subsidiary of Royal Gold, Inc. (“Royal Gold”), through a wholly owned Canadian subsidiary. Under the terms of the Agreement, First Quantum will receive a $1.0 billion upfront cash payment in exchange for future gold deliveries linked to copper production at the Kansanshi Mine in Zambia… Read More Here

Mining in Zambia Copper Corporate News Economy

Jubilee Metals Makes Major Strides in Zambian Copper Expansion

August 6, 2025August 6, 2025 Constance

Jubilee Metals Reports Strong Copper Growth in Zambia, Eyes 10,000t Boost in 2026 Amid Strategic Asset Expansion Diversified metals producer Jubilee Metals has announced substantial progress across its copper operations in Zambia, marking a critical milestone in its long-term copper expansion strategy. According to CEO Leon Coetzer, all essential assets are now in place to maintain momentum and drive sustainable growth. Jubilee’s Zambian strategy draws on the company’s extensive processing experience from its South African chrome and platinum group metals (PGM) operations, which are currently in the final stages of… Read More Here

Critical Minerals Mining in Zambia

Zambia Unveils Critical Mineral Prospects and Milestones

August 4, 2025August 5, 2025 admin

Zambia’s Ministry of Mines and Minerals Development has outlined the vast critical mineral opportunities available across the country in a report released in collaboration with the British Geological Survey. Covering strategic minerals such as copper, cobalt, manganese and more, the report underscores the instrumental role the country already plays in global supply chains. The report comes ahead of African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders. Taking place October 1-3 in Cape Town, the event will feature a dedicated panel on Zambia, titled Zambia: Accelerating Exploration and Development Through License Allocation. The… Read More Here

Mining in Zambia Corporate News Safety & Health

Kansanshi Mining Earns Second Place in Zambia’s 2025 National First Aid Competition

August 3, 2025August 3, 2025 Constance

Kansanshi Mining Places Second in Zambia’s 2025 Inter-Company First Aid Competition, Showcasing Safety Excellence Kansanshi Mining PLC secured a commendable second place at the 2025 Zambia Chamber of Mines Inter-Company First Aid Competition, underscoring its steadfast commitment to workplace health and safety. The prestigious event was hosted by Mopani Copper Mines at Nkana Stadium in Kitwe under the theme “First Aid in a Digital World.” A total of 21 companies participated, showcasing advanced life-saving skills and innovative safety practices. Despite the challenge of fielding an entirely new team—per regulations requiring… Read More Here

Mining in Zambia Corporate News Gold

FQM Eyes Gold Streaming from Zambia Mines to Strengthen Balance Sheet

July 27, 2025July 27, 2025 Constance

First Quantum Considers Gold Pre-Payment Deal to Bolster Finances Amid Zambia, Panama Mine Challenges Canadian mining firm First Quantum Minerals is evaluating a gold pre-payment or streaming deal tied to its Zambian operations as a way to strengthen its balance sheet, Chief Financial Officer Ryan MacWilliam told analysts on Thursday. The move comes as the company seeks alternative funding avenues beyond a minority stake sale in its Zambian assets. Last year, First Quantum had explored selling a minority interest in its Kansanshi and Sentinel mines in Zambia. While that option… Read More Here