Mining in Zambia - Copperbelt Katanga Mining

Zambia Inks $1.1 Billion Deal for Oil Refinery and Energy Hub in Ndola

July 22, 2025July 22, 2025 Constance

Zambia to Build $1.1 Billion Oil Refinery in Ndola to Cut Fuel Imports and Boost Exports Zambia has signed a landmark $1.1 billion agreement to construct a crude oil refinery and integrated energy complex in Ndola, located in the country’s Copperbelt Province, the government announced Monday. The project, aimed at reducing Zambia’s heavy reliance on imported fuel, will be developed through a partnership between the state-owned Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin Corporation. Construction is scheduled to begin in the third quarter of 2025, with initial commercial… Read More Here

Mining in Zambia Copper Corporate News Sponsored Content

Into the Earth: Kansanshi’s Underground Story

July 22, 2025July 27, 2025 Constance

How a bold underground engineering project keeps Zambia’s largest copper mine from flooding. There’s no shortage of water in Zambia’s North-Western Province. The region receives an average of 1,500 millimetres of rainfall annually, often more than ten times the national average. Beyond the skies, water also bursts forth from the ground in remarkable abundance. The Kafue and Zambezi rivers originate here, along with the Lunga, Kabompo, and several other vital waterways. But in this water-rich landscape, abundance comes with its own challenges. While seasonal rainfall presents difficulties of its own,… Read More Here

Mining in Zambia Corporate News Press Release

ZCCM-IH Shareholders in Over Half-a Billion Kwacha Dividend Payout

July 21, 2025July 21, 2025 Constance

21st July 2025, Lusaka, Zambia: ZCCM Investments Holdings Plc (ZCCM-IH) shareholders approved a dividend of K529 million (US$23 million) for the 2024 financial year during the Company’s 21st Annual General Meeting (AGM) held on Friday, 18th July 2025. Of this amount, ZMW410 million will go to the Government of the Republic of Zambia through the Industrial Development Corporation (ZMW319 million) and the Ministry of Finance and National Planning (ZMW91 million). The National Pension Scheme Authority (NAPSA) will receive ZMW79 million, and the balance of ZMW40 million will go to minority… Read More Here

Mining in Zambia Energy

CEC and ZESCO Advance Joint Solar Energy Projects Across Zambia

July 20, 2025July 20, 2025 Constance

CEC and ZESCO Partner to Fast-Track 1,000MW Solar Projects Across Zambia by 2025 The Copperbelt Energy Corporation (CEC) and ZESCO Limited have entered advanced talks to co-develop solar photovoltaic (PV) projects across Zambia, signaling a major step forward in the country’s renewable energy transition. The development was confirmed during the Invest Zambia International Conference held at Mulungushi International Conference Centre, themed “Sustained Investment in the Energy Sector – Trends and Opportunities.” CEC’s Head of Investments and Government Relations, Silvester Hibajene, revealed that the two power companies are exploring a public-private… Read More Here

Mining in Zambia Copper

Mopani Sets Final Compliance Deadline for Local Contractors

July 20, 2025July 20, 2025 Constance

Non-Compliant Mopani Contractors Face Ban by August 31, 2025: CEO Issues Final Warning Mopani Copper Mines has issued a firm deadline of August 31, 2025, for all local suppliers and contractors to comply with statutory obligations or risk being disqualified from doing business with the mining company. Speaking at a recent stakeholder engagement meeting, Chief Executive Officer Charles Sakanya expressed concern over the low compliance levels among local vendors with key institutions such as the National Pension Scheme Authority (NAPSA) and the Zambia Revenue Authority (ZRA). He revealed that out… Read More Here

Transport and Logistics Mining in DRC Mining in Zambia

Lobito Rail Project Gains U.S. Momentum as Gateway for Africa’s Copper and Cobalt

July 18, 2025July 18, 2025 Constance

U.S. Supports Lobito Corridor Rail Project Linking DRC, Angola, and Zambia to Accelerate Mineral Exports The United States has reaffirmed its commitment to advancing the Lobito Corridor—a transformative rail project that will connect the Democratic Republic of Congo (DRC), Angola, and Zambia—in a move aimed at boosting regional trade and unlocking economic opportunities. Speaking in a recent interview, U.S. Ambassador to the DRC, Lucy Tamlyn, described the Lobito Corridor as a powerful lever for economic transformation that will benefit both the DRC and the United States. “We’re in active discussions… Read More Here

Mining in Zambia Economy

President Hichilema Launches $70 Million SME Growth Initiative to Drive Inclusive Economic Development

July 18, 2025July 18, 2025 Constance

Zambia Launches $70M Growth Investment Partners Initiative to Support 150 SMEs and Mobilize $300M President Hakainde Hichilema has officially launched the $70 million Growth Investment Partners (GIP) initiative, a transformative program aimed at empowering 150 small and medium enterprises (SMEs) across Zambia and the broader region. Over the next 15 years, the initiative is expected to mobilize up to $300 million in investment dedicated to SME development and expansion. The GIP initiative is backed by key partners including British International Investment (BII), the National Pension Scheme Authority (NAPSA), and Swedfund.… Read More Here

Mining in Zambia Copper Economy

Zambia Targets 1 Million Tonnes of Copper in 2025 as Mining Sector Rebounds

July 18, 2025July 18, 2025 Constance

Zambia Set to Hit 1 Million Tonnes of Copper in 2025, Eyes 3 Million by 2030 Amid Mining Revival President Hakainde Hichilema has announced that Zambia is on track to produce one million tonnes of copper in 2025—marking a significant milestone toward the government’s long-term goal of reaching three million tonnes annually by 2030. Speaking at the Invest in Zambia Conference in Lusaka, President Hichilema highlighted the country’s renewed mining momentum, powered by a series of strategic reforms designed to unlock dormant mining assets and attract large-scale investment. A key… Read More Here

Mining in Zambia Copper Corporate News

Vedanta Completes Initial $124 Million Investment in KCM Ahead of Schedule

July 16, 2025July 16, 2025 Constance

Vedanta Surpasses $400 Million Investment in Konkola Copper Mines, Accelerating Zambia Copper Production Vedanta Resources has successfully fulfilled its initial investment commitment of US$124 million under the Shareholders’ Agreement ahead of the July 1, 2025 deadline. This brings Vedanta’s total investment in Konkola Copper Mines (KCM) operations to over US$400 million since resuming management in August 2024. This milestone is a key step toward Vedanta’s broader pledge to invest US$1 billion over five years to revive and expand KCM. The company is focused on increasing production capacity and enhancing sustainability… Read More Here

Mining in Zambia Copper

Zambia and Mercuria Launch Copper Exports After Govt Waives Export Duty

July 14, 2025July 14, 2025 Constance

Zambia and Mercuria Begin Copper Exports Under New Partnership After Export Duty Suspension Zambia’s state-owned Industrial Development Corporation (IDC) and global commodities trader Mercuria Energy Group are set to export their first shipment of copper concentrates under a new joint venture, following a government waiver on export duties. The Zambian government issued a temporary suspension of the 10% export duty on semi-processed copper, covering 255,357 metric tons of copper concentrates. The waiver—granted on June 28 and formalized the day before—will remain in effect until October 1, according to official regulations.… Read More Here