Mining in Zambia - Copperbelt Katanga Mining

Zambia and US Expand $491 Million Grant Programme to Support Lobito Corridor Infrastructure 1

Zambia, US Redirect Part of $491 Million Agriculture Grant to Boost Lobito Corridor and Critical Minerals Infrastructure Zambia has reached an agreement with the United States’ Millennium Challenge Corporation (MCC) to expand the scope of a $491 million grant programme, allowing part of the funding to support infrastructure linked to the country’s critical minerals sector and the strategic Lobito Corridor. The grant, signed in 2024 under the MCC’s “farm-to-market” initiative, was initially designed to strengthen agricultural development and improve rural transport networks in Africa’s second-largest copper producer. According to a… Read More Here

Mining in Zambia Copper Corporate News Investment News

Vedanta IPO Plans Boost Zambia’s Ambitious Copper Growth Strategy

June 20, 2026June 20, 2026 Constance

Vedanta’s Planned CopperTech IPO Could Accelerate Konkola Expansion, ZCCM Says Zambia’s ZCCM Investment Holdings says Vedanta Resources’ planned initial public offering (IPO) of its copper business could significantly accelerate the development of the $2.7 billion Konkola Deep Mining Project (KDMP), one of the country’s most ambitious copper expansion initiatives. Vedanta is preparing to list CopperTech Metals, a US-domiciled integrated copper and cobalt producer that will hold the group’s mining assets, including its 79% stake in Konkola Copper Mines (KCM). ZCCM Investment Holdings owns the remaining 21% of KCM. The planned… Read More Here

Mining in Zambia Coal Copper Corporate News

KCM Plans US$317 Million Coal Power Plant to Strengthen Energy Security for Zambia’s Copper Operations

June 18, 2026June 18, 2026 Constance

Konkola Copper Mines to Build 300MW US$317 Million Coal Power Plant to Address Zambia’s Electricity Shortages Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, has announced plans to develop a US$317 million coal-fired power plant in Zambia as part of efforts to mitigate persistent electricity shortages affecting mining operations across the country. The proposed facility will have a planned generation capacity of 300 megawatts and is expected to be developed in two phases. According to the company, the project is designed to enhance energy reliability for KCM, one of… Read More Here

Mining in Zambia Investment News

ZCCM-IH Showcases Zambia’s Mining Investment Growth Ahead of Paris Capital Markets Day

June 18, 2026June 18, 2026 Constance

ZCCM-IH Highlights US$12 Billion Mining Investment Surge and Rising Market Value Ahead of Paris Investor Day Ahead of the ZCCM-IH Capital Markets & Investor Day scheduled for Friday, 19 June 2026, in Paris, France, a delegation led by Board Chairperson Phesto Musonda paid a courtesy visit to the Zambian Embassy in France. During the engagement, Mr Musonda commended the Government of the Republic of Zambia for implementing key reforms that have strengthened the mining sector, attracted approximately US$12 billion in investment, and unlocked significant opportunities in the energy industry. He… Read More Here

Mining in Zambia New Mining Projects Uranium

Atomic Eagle Extends Uranium Mineralisation at Muntanga Project in Zambia

June 16, 2026June 16, 2026 Constance

Atomic Eagle Expands Uranium Mineralisation at Muntanga Project in Zambia Following New Drill Results Australian mining company Atomic Eagle has expanded uranium mineralisation at its 100%-owned Muntanga Uranium Project in Zambia, following new drilling results from the Chisebuka deposit. Chisebuka, located within the broader Muntanga Project in southern Zambia, is a key uranium exploration target that has been the focus of ongoing drilling campaigns aimed at defining and extending mineral resources. According to recent exploration updates, the northern higher-grade zone now spans a surface area of approximately 900 metres by… Read More Here

Mining in Zambia Corporate News New Mining Projects Zinc

Shuka Minerals Intersects High-Grade Zinc Mineralisation at Kabwe Mine in Zambia

June 11, 2026June 11, 2026 Constance

Shuka Minerals Reports Up to 29.58% Zinc in New Kabwe Drill Results as Expansion Drilling Continues Aim-listed Shuka Minerals has announced the successful completion of its third diamond drill hole, KBDD03, at the Number 2 orebody of its Kabwe zinc mine in Zambia, delivering further high-grade zinc intercepts as part of its ongoing exploration programme. The third drill hole was designed to test the orebody approximately 30 metres east of the KBDD01 intersection at a depth of about 250 metres. It was drilled at an inclination of 65° on a… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Restarts Copper Deliveries as Molefe Mine Expansion Accelerates Zambia Growth Strategy

June 11, 2026June 11, 2026 Constance

Jubilee Metals Boosts Zambia Copper Output with Restart of Sable Refinery Deliveries from Expanded Molefe Mine Aim-listed Jubilee Metals has resumed run-of-mine (RoM) copper deliveries to its Sable refinery in Zambia, following the restart of processing operations supported by the successful expansion of Molefe mine’s Pit 2. The development forms part of the company’s updated mine plan, which integrates Pits 2 and 3 into a single, larger operational area. According to the company, refining activities at the Sable facility have restarted in parallel with increased mining output, marking a key… Read More Here

Mining in Zambia Electricity Energy

Traditional Leaders Back Kalungwishi Hydropower Project as Development Gains Momentum in Northern Zambia

June 8, 2026June 8, 2026 Constance

247MW Kalungwishi Hydropower Project Gains Strong Traditional Leadership Support, Set to Transform Luapula and Northern Provinces A major milestone in Zambia’s energy and industrial development agenda is taking shape as the 247-megawatt Kalungwishi Hydropower Project gains renewed momentum, with strong backing from government, the private sector, and traditional leaders whose communities are expected to benefit from the transformative investment. Located along the Kalungwishi River, the project is expected to become a catalyst for economic growth in Luapula and Northern Provinces by providing reliable electricity to support mining, agriculture, manufacturing, tourism,… Read More Here

Mining in Zambia Copper Corporate News

Jubilee Metals Resumes Roan Operations, Advances Copper Recovery and Processing Upgrades in Zambia

June 5, 2026June 5, 2026 Constance

Jubilee Metals Restarts Roan Operations After Maintenance Shutdown as Zambia Copper Output Targets 30,000t Monthly Throughput Jubilee Metals has successfully completed the annual maintenance shutdown at its Roan concentrator operations in Ndola, Zambia, with the plant now restarted at full capacity and targeting a run-of-mine throughput of 30,000 tonnes per month. According to Jubilee CEO Leon Coetzer, June performance will provide a clearer indication of sustainable operating capacity and recovery efficiencies, particularly with the integration of fine copper concentrate now being processed at the company’s Sable refinery in Kabwe. He… Read More Here

Mining in Zambia Copper Corporate News

Mopani Copper Mines Reaffirms Domestic Processing Strategy as Zambia Grants Copper Export Quotas

June 5, 2026June 5, 2026 Constance

Zambia Waives Copper Export Duty as Mopani and Miners Retain Concentrate for Domestic Processing The Zambian subsidiary of Abu Dhabi–based International Resources Holding (IRH) does not intend to export copper concentrate despite receiving one of the largest allocations under a government export waiver. Mopani Copper Mines stated that its position remains unchanged since July, when the first exemptions were introduced. At that time, the company confirmed it had “no plan to export any part” of its allocated quota, instead prioritizing its own processing operations in line with a long-term strategy… Read More Here