Mining in Zambia - Copperbelt Katanga Mining

SADC Member States Address Kasumbalesa Border Issues for Improved Regional Trade 1

From February 4-7, representatives from Southern African Development Community (SADC) Member States convened in Harare to address the persistent challenges at the Kasumbalesa Border Post, a vital trade hub between Zambia and the Democratic Republic of Congo (DRC). The meeting, organized by the SADC Secretariat and supported by the German Federal Ministry for Economic Cooperation and Development (BMZ), aimed to find lasting solutions to congestion, trade facilitation delays, infrastructure shortcomings, and security concerns affecting truck drivers and the broader trade community. Attended by officials from 10 SADC Member States—including Angola,… Read More Here

Mining in Zambia Copper Events & Expos

ZCCM-IH Highlights Mining and Energy Growth at Mining Indaba 2025

February 10, 2025February 10, 2025 Constance

At the 2024 Indaba conference in Cape Town, Zambia showcased its mining sector under the theme “Transforming Tomorrow, Delivering Today.” ZCCM Investments Holdings (ZCCM-IH) Board Chairperson, Kakenewa Muyangwa, reaffirmed the company’s commitment to driving economic development and unlocking Zambia’s mining potential. Speaking at the country showcase, Muyangwa emphasized ZCCM-IH’s pivotal role in shaping Zambia’s economic future. “Our mission is to create value for shareholders, contribute to economic growth, and positively impact the communities we serve,” he stated. Over the past year, ZCCM-IH made significant strides in “delivering today” by unlocking… Read More Here

Mining in Zambia Oil & Gas

Three Oil Marketing Companies Secure Contracts Under TAZAMA Pipeline Open Access

February 10, 2025February 10, 2025 Constance

The TAZAMA Pipeline Open Access Selection Committee has awarded contracts to three oil marketing companies (OMCs) to supply low-sulfur gas oil to Zambia, marking a significant step in the country’s fuel supply strategy. Indeni Energy Company Limited, Boltt Global Solutions Limited, and a joint venture between Titanium Oil Corporation and ADNOC will begin utilizing the TAZAMA Pipeline in April 2025. According to the Ministry of Energy, each company has been contracted to supply 35,000 metric tonnes of diesel, totaling 105,000 metric tonnes. The contracts are valued at $2.94 million, with… Read More Here

Mining in Zambia Economy

President Hichilema Strengthens Zambia-Japan Ties to Boost Investment

February 10, 2025February 10, 2025 Constance

President Hakainde Hichilema has concluded a successful working visit to Japan, aimed at attracting investment to drive economic growth and improve the lives of Zambians. The visit featured a high-level meeting with Japanese Prime Minister Shigeru Ishiba and a business forum showcasing Zambia’s investment potential. During discussions with Prime Minister Ishiba, President Hichilema reaffirmed Zambia’s strong diplomatic ties with Japan and emphasized the shared commitment to expanding trade and investment. Both leaders pledged to build on existing agreements, including the policy dialogue mechanism and the investment promotion and protection agreement.… Read More Here

Mining in Zambia Copper Economy Events & Expos

Zambia Emphasizes Copper Production Growth to 3 Million Tonnes by 2032 At Mining Indaba

February 10, 2025February 10, 2025 Constance

Zambia made a commanding statement at the 2025 Mining Indaba, drawing global attention with a packed Country Showcase that underscored its rising influence in the mining sector. As Africa’s second-largest copper producer and an emerging hub for critical minerals like cobalt and lithium, Zambia positioned itself as a premier investment destination, backed by stable policies and ambitious production targets. The Zambian government laid out an aggressive plan to ramp up copper output to 3 million tonnes per year by 2032. Finance Minister Dr. Situmbeko Musokotwane emphasized the nation’s commitment to… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Jubilee Metals Boosts Copper Production in Zambia with High-Grade Feed at Roan

February 10, 2025February 10, 2025 Constance

London- and Johannesburg-listed Jubilee Metals has restarted its Roan operations in Zambia following stable power restoration. The company is also accelerating copper production by prioritizing the processing of newly secured high-grade copper feed. In response to power outages that disrupted operations in December and January, Jubilee implemented a new power agreement on January 20. With production stability restored, the company has shifted its focus to maximizing output and operational efficiency. Jubilee is prioritizing high-grade copper feed while reviewing options to trade surplus lower-grade stock that does not align with short-… Read More Here

Mining in Zambia Copper Corporate News

Vedanta Seeks $1 Billion to Boost Konkola Copper Mines Production

February 9, 2025February 9, 2025 Constance

Vedanta Resources is looking to raise approximately $1 billion in debt financing to develop Zambia’s Konkola Copper Mines (KCM), according to Chris Griffith, head of the company’s base metals division. While Vedanta previously considered selling at least 30% of its 80% stake in KCM, Griffith indicated that a sale now appears unlikely. “There is a much higher likelihood that we can raise the funds through various financing options,” he told Reuters on the sidelines of the Mining Indaba conference in Cape Town. “We own 80% of the business and clearly,… Read More Here

Mining in Zambia Economy Events & Expos

Finance Minister Musokotwane Highlights Surging Investor Interest at Indaba 2025

February 9, 2025February 9, 2025 Constance

Zambia has emerged as a key attraction for global investors at the ongoing Investing in African Mining Indaba in Cape Town. Finance and National Planning Minister Dr. Situmbeko Musokotwane stated that the country’s rich mineral resources have made the Zambian delegation one of the busiest at the event, with investors actively seeking opportunities in the mining sector. Dr. Musokotwane attributed this heightened interest to the New Dawn Government’s investor-friendly policies, as well as Zambia’s long-standing peace and stability. He highlighted that the government holds valuable mining assets that have drawn… Read More Here

Mining in Zambia Corporate News Exploration New Mining Projects

Zambia’s IRL Partners with Barrick Gold to Boost Mining Exploration and Development

February 9, 2025February 11, 2025 Constance

Industrial Resources Limited (IRL), a subsidiary of Zambia’s Industrial Development Corporation (IDC), has partnered with Barrick Gold Corporation, a global mining leader, to advance exploration and development in Zambia’s mining sector. This strategic collaboration aims to unlock Zambia’s rich mineral potential, support the country’s mining growth targets, and drive economic development. The initiative aligns with Zambia’s broader vision to expand its mining sector, targeting an annual copper production of three million metric tons over the next decade. By combining IRL’s strong local expertise with Barrick’s world-class mining capabilities, the partnership… Read More Here

Mining in Zambia Corporate News Events & Expos

FQM STANDS WITH GOVERNMENT TO SHAPE THE NEW GLOBAL MINING LANDSCAPE

February 9, 2025February 9, 2025 Constance

CAPE TOWN, SOUTH AFRICA – First Quantum Minerals (FQM) joined mining industry leaders from around the globe in Cape Town last week to reinforce its commitment to Zambia and support the government’s vision of producing 3 million tonnes of copper a year. FQM Director of Corporate Affairs John Gladston shared the platform at the Investing in African Mining Indaba in South Africa with Minister of Mines and Minerals Development Hon. Paul Kabuswe, Zanaco chief executive Mukwandi Chibesakunda and Copperbelt Energy Corporation chief executive Mutale Mukuka. The panel was moderated by… Read More Here