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Category: Mining in Zambia

DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages 1 Mining in DRC Electricity Mining in Zambia 

DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages

Constance
DRC Considers Equity in Zambia Power Project to Boost Copper Output and Tackle Energy Deficit The Democratic Republic of the Congo is considering taking an equity stake in a $270 million cross-border electricity project with Zambia, as persistent power shortages threaten production in one of the world’s most important copper regions. According to the finance ministry, the proposed investment would give Kinshasa a direct role in developing a 200-kilometre high-voltage transmission line linking Kalumbila in northwestern Zambia to Kolwezi, the heart of Congo’s copper belt. The line is expected to… Read More Here
Jubilee Metals Reports Strong Copper Output Growth as Zambia Expansion Gains Momentum 2 Mining in Zambia Copper Corporate News 

Jubilee Metals Reports Strong Copper Output Growth as Zambia Expansion Gains Momentum

Constance
Jubilee Metals Boosts Copper Production by 29% Amid Roan Ramp-Up and Molefe Mine Expansion Zambia-focused copper producer and resource developer Jubilee Metals has reported a 28.7% year-on-year increase in total saleable copper production, reaching 2,177 tonnes for the nine months ended March 31. Output from the Roan concentrator surged to 1,999 tonnes of copper units, marking a 112.7% increase compared with the same period last year. At the Sable refinery, copper cathode production rose to 957 tonnes, up from 751 tonnes recorded in the corresponding period of 2025. Commissioning of… Read More Here
Zambia Reaches 80% Financial Inclusion as Digital Services Drive Growth 3 Mining in Zambia Economy 

Zambia Reaches 80% Financial Inclusion as Digital Services Drive Growth

Constance
Zambia Hits 80% Financial Inclusion in 2025 FinScope Survey, Driven by Mobile Money and Digital Finance Expansion Zambia has reached a significant milestone in financial inclusion, with 80% of adults now accessing formal and informal financial services, according to the 2025 FinScope Survey released by Bank of Zambia Governor Denny H. Kalyalya. Speaking at the official launch, Dr. Kalyalya described the FinScope Survey as a critical “system-level diagnostic” that provides insight into how individuals and households access, use, and experience financial services in an increasingly digital economy. The results reflect… Read More Here
Zambia Signs $246 Million Solar Investment Deal to Expand Nambala Power Project 4 Mining in Zambia Energy 

Zambia Signs $246 Million Solar Investment Deal to Expand Nambala Power Project

Constance
Zambia Secures $246M Solar Investment as Nambala Project Expansion Targets 350MW Capacity The Zambia Development Agency (ZDA) and Sunshare Energy Limited (SEL) have signed a $246 million Investment Promotion and Protection Agreement (IPPA) to expand the Nambala Solar Power Plant in Mumbwa, in a move aimed at accelerating Zambia’s renewable energy development. The agreement supports Phase II of the project, which will add 250 megawatts (MW) to the existing facility. This follows Phase I a 100MW installation valued at $54 million bringing the plant’s total planned capacity to 350MW and… Read More Here
Angola and Zambia Reaffirm Security and Economic Cooperation at Joint Defence and Security Meeting 5 Mining in Zambia Angola Governance Infrastructural Development 

Angola and Zambia Reaffirm Security and Economic Cooperation at Joint Defence and Security Meeting

Constance
Angola, Zambia Strengthen Defence and Trade Cooperation, Advance Lobito Corridor and Border Infrastructure Plans The Republic of Angola has reaffirmed its commitment to strengthening bilateral relations with Zambia, with a focus on regional stability, good neighbourliness, and expanded strategic cooperation. The position was outlined during the official opening of the Ministerial Meeting of the 34th Angola–Zambia Joint Permanent Commission on Defence and Security held in Luanda. Angola’s Minister of Foreign Affairs, Téte António, said Angola’s foreign policy remains anchored in dialogue, mutual respect, and collaboration with neighbouring states. He described… Read More Here
Zambia Addresses US Ambassador’s Remarks, Points to Mining Revival and Economic Growth 6 Mining in Zambia Economy Governance 

Zambia Addresses US Ambassador’s Remarks, Points to Mining Revival and Economic Growth

Constance
Zambia Addresses Outgoing US Ambassador’s Remarks, Outlines Position on Bilateral Relations The Government of the Zambia has issued a firm response to remarks made by outgoing United States Ambassador Michael Gonzales, describing his statements as “deeply regrettable, undiplomatic, and inconsistent with the principles of mutual respect” that underpin international relations. Speaking at a press briefing in Lusaka, Minister of Foreign Affairs and International Cooperation Mulambo Haimbe said the government took “serious exception” to comments made during the ambassador’s farewell reception on April 30, 2026. The government argued that the remarks… Read More Here
Zambia Rejects U.S. Proposal Linking Health Funding to Critical Minerals Deal Amid Privacy Concerns 7 Mining in Zambia Critical Minerals 

Zambia Rejects U.S. Proposal Linking Health Funding to Critical Minerals Deal Amid Privacy Concerns

Constance
Zambia Opposes U.S. Plan to Tie $2 Billion Health Funding to Critical Minerals Access Over Privacy and Sovereignty Concerns Zambia has rejected a U.S. proposal that sought to link health-sector funding with access to the country’s critical minerals, exposing key points of disagreement that have stalled negotiations between the two governments. Foreign Affairs and International Cooperation Minister Mulambo Haimbe said the United States had proposed providing up to $2 billion in health funding over five years under a draft bilateral agreement. However, he noted that several provisions particularly those related… Read More Here
CEC Commissions Itimpi II Solar Plant, Boosting Zambia’s Renewable Energy Capacity 8 Mining in Zambia Corporate News Energy 

CEC Commissions Itimpi II Solar Plant, Boosting Zambia’s Renewable Energy Capacity

Constance
Zambia Expands Solar Power: CEC Launches 136MW Itimpi II Plant to Strengthen Energy Security The Copperbelt Energy Corporation (CEC) Group has commissioned the 136MW Itimpi II Solar Photovoltaic (PV) Power Plant in Kitwe, marking a major expansion of its renewable energy portfolio and reinforcing Zambia’s transition toward a more diversified energy mix. With the addition of Itimpi II, CEC’s total installed solar capacity rises from 94MW to 230MW. This makes it the largest operational solar facility in Zambia and among the top three in sub-Saharan Africa.  The project was delivered… Read More Here
Zambia Raises Diesel and Kerosene Prices as Global Oil Costs Climb 9 Oil & Gas Mining in Zambia Petroleum 

Zambia Raises Diesel and Kerosene Prices as Global Oil Costs Climb

Constance
Zambia Fuel Prices May 2026: Diesel, Kerosene and Jet A-1 Increase While Petrol Holds Steady The Energy Regulation Board (ERB) has announced revised petroleum pump prices for May 2026, with increases in diesel, kerosene, and Jet A-1, while petrol prices remain unchanged. The adjustment follows the regulator’s monthly review, which recorded a continued rise in international oil prices driven largely by geopolitical tensions in the Middle East. During the review period, global petrol prices increased by 5.77%, from $114.51 to $120.28 per barrel. Diesel prices saw a sharper rise of… Read More Here
Shuka Minerals Begins First Kabwe Drilling in Decades to Boost Zinc Resource 10 Mining in Zambia Corporate News Drilling New Mining Projects Zinc 

Shuka Minerals Begins First Kabwe Drilling in Decades to Boost Zinc Resource

Constance
Shuka Minerals Begins Phase 1 Drilling at Kabwe Zinc Mine with Ox Drilling to Target 50% Resource Expansion Dual-listed Shuka Minerals (AIM and JSE) has appointed Ox Drilling as the contractor for its Phase 1 drilling programme at the Kabwe zinc mine in Zambia. The project is operated through Shuka’s local subsidiary, Leopard Exploration and Mining. The drilling campaign is scheduled to begin in mid-May and will be supported by geological consultancy GeoQuest. Phase 1 Drilling Programme The initial phase comprises a 2,000-metre diamond drilling programme using PQ and HQ… Read More Here

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