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Category: Mining in Zambia

Zambia and DRC to Lead Africa's Copper Industry Expansion in 2025 1 Copper Mining in DRC Mining in Zambia 

Zambia and DRC to Lead Africa’s Copper Industry Expansion in 2025

Constance
Africa’s copper industry is set for significant expansion in 2025, with the Democratic Republic of Congo (DRC) and Zambia leading the charge. Both nations are ramping up production through new mining projects, increased exploration, and modernization of existing operations to meet growing global demand. Copper production surged across Africa in 2024, with top producers setting ambitious targets for further growth. In the DRC, output rose by 12.6% year-on-year, reaching 3.3 million metric tons—accounting for 11% of global supply. This increase was driven by the Phase Three Expansion of Ivanhoe Mines’… Read More Here
Japan Allocates $1.2 Million to Enhance Zambia’s Mining Sector 2 Mining in Zambia 

Japan Allocates $1.2 Million to Enhance Zambia’s Mining Sector

Constance
In a move to support Zambia’s goal of expanding its mining capacity, the government of Japan has provided $1.2 million in grant aid. The funds will be used to procure laboratory equipment for Zambia’s Geological Survey Department, enhancing its ability to identify viable mining locations and improve operational efficiency in the sector. Finance and National Planning Minister Situmbeko Musokotwane welcomed the grant, stating, “The new equipment will not only improve the accuracy and efficiency of geological surveys but also attract further investment into Zambia’s mining sector. Increased investment will create… Read More Here
Prospect Resources Unveils Maiden Resource Estimate for Zambia’s Mumbezhi Copper Project 3 Mining in Zambia Copper New Mining Projects 

Prospect Resources Unveils Maiden Resource Estimate for Zambia’s Mumbezhi Copper Project

Constance
ASX-listed Prospect Resources has announced a maiden mineral resource estimate (MRE) of 107 million tonnes at 0.5% copper, containing a total of 515,000 tonnes of copper at its Mumbezhi copper project in Zambia. The resources are distributed across the Nyungu Central and Kabikupa deposits. The MRE includes: Gold and cobalt resources at Mumbezhi have not yet been classified under the Joint Ore Reserves Committee (JORC) guidelines due to historical inconsistencies in cobalt assays and limited gold assay data. Additionally, comprehensive metallurgical testwork to assess potential recoveries of these byproducts has… Read More Here
Shuka Minerals Nears Completion of Kabwe Zinc Mine Acquisition in Zambia 4 Mining in Zambia Mergers & Acquisitions New Mining Projects Zinc 

Shuka Minerals Nears Completion of Kabwe Zinc Mine Acquisition in Zambia

Constance
AIM-listed Shuka Minerals has secured nearly all regulatory approvals for its acquisition of Leopard Exploration and Mining, which includes Zambia’s Kabwe zinc mine. Only one approval remains outstanding from Zambia’s Competition and Consumer Protection Commission, which Shuka expects to receive in the second quarter. In December, the company signed a conditional share purchase agreement to acquire 100% of Leopard’s share capital through a cash-and-share transaction. The acquisition was initially set to close by March 13, pending regulatory approvals and the successful completion of a debt or equity capital raise. However,… Read More Here
WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution 5 Mining in Zambia 

WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution

Constance
The World Wide Fund for Nature (WWF) Zambia has called for a comprehensive audit of all tailings dams associated with mining activities across the country to prevent future environmental disasters. The call follows the February 18, 2025, tailings dam breach at Sino Leach Metal Zambia, which resulted in pollution of the Mwambashi River and Lusale Stream, ultimately contaminating the Kafue River downstream. WWF Zambia Country Director Nalucha Ziba, in a statement issued in Lusaka on Wednesday, urged that the audit be conducted in collaboration with the Engineering Institution of Zambia… Read More Here
Xtract Resources Launches Diamond Drilling at Silverking Copper Project in Zambia 6 Mining in Zambia Diamond Drilling New Mining Projects 

Xtract Resources Launches Diamond Drilling at Silverking Copper Project in Zambia

Constance
London-listed Xtract Resources has commenced a diamond drilling program at its Silverking project (Licence 26673-HQ-LEL) in Zambia’s Mumbwa district, Central Province. The program aims to advance project development by assessing mineralisation potential and expanding exploration. Silverking operates under an option and joint venture agreement with Oval Mining, allowing Xtract to earn up to a 70% stake in the Silverking copper mine and its surrounding exploration licence. Key Drilling Objectives The drilling campaign seeks to: Advancing Mine Development Xtract’s executive chairperson, Colin Bird, emphasized the project’s advantage due to historical small-scale… Read More Here
Vedanta CEO Visits KCM to Strengthen Commitment to Mine’s Future 7 Mining in Zambia Copper Corporate News News in Brief 

Vedanta CEO Visits KCM to Strengthen Commitment to Mine’s Future

Constance
Vedanta Resources Group CEO, Deshnee Naidoo, visited Konkola Copper Mines (KCM) operations in Chingola and Chililabombwe last week to gain firsthand insight into the mine’s operations. Her visit follows her recent appointment to lead Vedanta’s expansion projects. Accompanied by a high-level delegation, including Vedanta Base Metals CEO Christopher Griffith, KCM Chief Operating Officer Malcolm Mewett, and other senior officials, Naidoo’s visit reaffirmed Vedanta’s strong commitment to the future of KCM and its strategic growth plans. Read More Here
Zambia’s Mines Minister Dismisses Claims of Copper and Gold in Lusaka’s Chunga Compound 8 Mining in Zambia News in Brief 

Zambia’s Mines Minister Dismisses Claims of Copper and Gold in Lusaka’s Chunga Compound

Constance
Minister of Mines and Minerals Development, Hon. Paul C. Kabuswe, has confirmed that there is no evidence of copper or gold in Lusaka’s Chunga Compound, where residents have been digging in search of minerals. A detailed investigation by the Geological Survey Department revealed that the mineral present at the site is primarily iron ore, specifically magnetite. However, the assessment determined that the deposit is not economically viable for extraction by individuals, cooperatives, or small-scale miners. Hon. Kabuswe urged the public to halt all mining activities in the area, emphasizing that… Read More Here
India Expands Critical Minerals Hunt in Zambia, DRC, and Australia 9 Mining in Zambia Battery Metals Mining in DRC 

India Expands Critical Minerals Hunt in Zambia, DRC, and Australia

Constance
India is actively exploring critical mineral mining in Zambia, the Democratic Republic of Congo (DRC), and Australia to secure key raw materials like lithium, Mines Secretary VL Kantha Rao announced on Thursday. State-owned companies, including Coal India, NMDC, and ONGC Videsh, are involved in mineral exploration in Australia as part of India’s strategy to reduce dependence on imports, particularly for lithium—an essential component in energy transition technologies. India is still developing its lithium processing capabilities, a field currently dominated by China. Meanwhile, the Zambian government has allocated 9,000 km² for… Read More Here
Ecora Seals $50M Copper Stream Deal for Zambia’s Mimbula Mine 10 Mining in Zambia Copper New Mining Projects 

Ecora Seals $50M Copper Stream Deal for Zambia’s Mimbula Mine

Constance
Critical minerals-focused royalty company Ecora has finalized a $50-million copper stream agreement with Moxico Resources for its Mimbula Mine in Zambia. The deal covers Mimbula’s existing reserve-based life-of-mine (LoM) of 11 years and will support its ongoing expansion. Mimbula’s Phase 1 began producing copper in late 2022 and achieved 14,000 tonnes in 2024. Production is expected to ramp up to a steady 56,000 tonnes per year of copper cathode by mid-2026, following the completion of a Phase 2 brownfield expansion. London-listed Ecora stated that proceeds from the transaction will strengthen… Read More Here

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