Mining in Zambia - Copperbelt Katanga Mining

ZESCO Accelerates Solar Expansion with 500 MW Boost to the National Grid 1

ZESCO has announced plans to add approximately 500 megawatts (MW) of solar-generated electricity to Zambia’s national grid to help address the country’s energy deficit. Of this target, 134 MW are expected to come online within the next three months. ZESCO Managing Director Justin Longo explained that the move is necessary to mitigate the impact of reduced hydroelectric generation caused by drought conditions. Mr. Longo outlined several key projects: Chisamba will contribute 100 MW, Mansa 25 MW, Kasupe 7.5 MW, and Shangombo 2 MW. In addition, the micro-generator scheme and the… Read More Here

FQM Partners with ICTAZ to Drive Professionalism and Innovation in Zambia’s Tech Sector

April 27, 2025April 27, 2025 Constance

In a bid to foster professionalism and innovation in Zambia’s tech sector, First Quantum Minerals (FQM) has made a K200,000 donation to the ICT Association of Zambia (ICTAZ) in support of its upcoming 2025 Annual General Meeting (AGM). The ICTAZ AGM serves as a crucial platform for over 600 professionals to explore the role of Information and Communication Technology (ICT) in national development. This year’s theme, “Exploring AI’s Potential to Accelerate Digital Transformation and Economic Growth in Zambia,” aligns with the drive to harness innovation and efficiency in key sectors.… Read More Here

Mining in Zambia Energy Events & Expos

Zambia Reinforces Commitment to Clean Energy at London Summit

April 27, 2025April 27, 2025 Constance

Zambia has reaffirmed its dedication to clean energy and sustainable development during the high-level Summit on the Future of Energy Security, currently taking place in London. Minister of Energy Makozo Chikote is leading the Zambian delegation at the two-day global event, co-hosted by the United Kingdom and the International Energy Agency (IEA). The summit brings together key ministers, investors, policy experts, and energy stakeholders to foster international cooperation in tackling emerging challenges within the energy sector, including digitalization, climate change, and the growing adoption of renewable energy technologies. Speaking on… Read More Here

Mining in DRC Angola Economy Mining in Zambia Transport and Logistics

U.S. Reaffirms Support for Lobito Corridor to Boost DRC and Regional Economies

April 27, 2025April 27, 2025 Constance

On April 17, 2025, U.S. Senior Advisor Massad Boulos announced that Washington would continue supporting the Lobito Corridor, a major rail and road project connecting the Democratic Republic of Congo’s (DRC) mineral-rich regions to Angola’s Atlantic port. The statement followed his visit to the DRC, Rwanda, Uganda, and Kenya. “We fully support the Lobito Corridor, a huge project vital not only for the economies of Congo, Zambia, and Angola but for the entire region,” Boulos said during a press briefing. He noted that the U.S. Development Finance Corporation is a… Read More Here

Mining in Zambia

Firering Advances Quicklime Production at Zambia’s Limeco Project

April 25, 2025April 25, 2025 Constance

AIM-listed Firering Strategic Minerals has announced notable progress in the commercial ramp-up of its Limeco quicklime project in Zambia. The project is strategically positioned to become a key supplier of high-quality quicklime (calcium oxide – CaO) to the growing copper production sector in the Central African Copperbelt. The company confirmed that it has successfully produced commercial-grade quicklime, setting the stage for its first sales. Optimisation of Kiln 1 is ongoing, with daily output now exceeding 50 tonnes and steadily increasing. Firering CEO Yuval Cohen noted that although the ramp-up is… Read More Here

Mining in Zambia Copper Corporate News Economy

Vedanta Explores U.S. Listing for KCM to Raise $1 Billion

April 25, 2025April 25, 2025 Constance

Vedanta Resources is exploring a potential U.S. public listing for its Zambian subsidiary, Konkola Copper Mines (KCM), as part of efforts to raise approximately $1 billion to fund mine development. The company has appointed Barclays and Citigroup to advise on a potential initial public offering (IPO), which is still in the early stages. New York is being considered as one of the possible listing locations. While no timeline has been confirmed, the listing is seen as one of the most viable options after previous attempts to secure private investment did… Read More Here

Mining in Zambia Economy

Zambia Eyes Inflation Target for First Time Since 2019 Amid Economic Recovery

April 23, 2025April 23, 2025 Constance

For the first time in six years, Zambia is on track to bring its inflation rate within the central bank’s target range—a key milestone in the country’s economic recovery. Secretary to the Treasury, Felix Nkulukusa, announced on Thursday that annual consumer price inflation is projected to fall below 8% by the end of 2025, aligning with the Bank of Zambia’s target range of 6% to 8%. “We expect inflation to continue to decline,” Nkulukusa said during a speech in Lusaka. “We are confident that we can probably reach the 6–8%… Read More Here

Mining in Zambia Electricity

Zambia and Tanzania Launch Cross-Border Power Project to Boost Regional Energy Integration

April 20, 2025April 20, 2025 Constance

Zambia and Tanzania have officially launched the Zambia–Tanzania Interconnector Project (ZTIP), a landmark cross-border energy initiative aimed at enhancing regional electricity trade, energy security, and industrial growth. The launch ceremony was held at the Mulungushi International Conference Center in Lusaka. ZTIP forms part of the broader Zambia–Tanzania–Kenya (ZTK) power interconnection project. Once completed, it will link the national electricity grids of Zambia and Tanzania, enabling the two-way flow of electricity between the Southern African Power Pool (SAPP) and the Eastern Africa Power Pool (EAPP). Speaking on behalf of Zambia’s Minister… Read More Here

Mining in Zambia Economy Energy

Zambia Urges European Investment in Mining and Energy Sectors

April 20, 2025April 20, 2025 Constance

Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has called on European nations to invest in Zambia’s mining and energy sectors, emphasizing the country’s growing openness to new international partnerships. His remarks followed his participation in the 10th Annual Delphi Economic Forum held in Greece. Speaking from Addis Ababa, Dr. Musokotwane highlighted Greece as an untapped partner in Zambia’s development agenda. “The Delphi Forum offered a strategic platform to promote investment and strengthen partnerships,” he said. “We are focused on attracting investments that create jobs, generate wealth, and… Read More Here

Mining in Zambia Copper Diamond Drilling New Mining Projects

Tertiary Minerals Completes Initial Drilling at Mukai Copper Project in Zambia

April 20, 2025April 20, 2025 Constance

AIM-listed Tertiary Minerals has completed an initial scout drilling program at its Mukai copper project in Zambia, marking a significant step forward in early-stage exploration efforts. The program included three diamond drill holes totaling approximately 554 metres. The company reported that drilling intersected near-surface anomalous copper mineralisation, as well as thick intervals of anomalous nickel mineralisation. Two of the drill holes targeted a broad copper-in-soil anomaly, while the third focused on understanding the geology of the Tirosa Basin. Large parts of the copper and nickel soil anomalies, as well as… Read More Here