Mining in Zambia - Copperbelt Katanga Mining

KCM Partners with ZAMM-IMPORTS for Road Rehabilitation in Chingola and Chililabombwe 1

Konkola Copper Mines (KCM) has entered into a strategic partnership with ZAMM-IMPORTS to supply construction materials for a major road rehabilitation project in Chililabombwe and Chingola. This initiative, part of KCM’s Corporate Social Responsibility (CSR) program, aims to enhance critical road infrastructure in the two districts. Under the agreement, KCM will provide ZAMM-IMPORTS with sand and crushed stones at a minimal cost for the next two years. These materials will be used to rehabilitate a 20-kilometre stretch of roads, improving connectivity and accessibility for local communities. During the signing ceremony… Read More Here

Events & Expos Mining in Zambia

Zambia Showcases Mining Potential at 2025 Mining Indaba

February 6, 2025February 6, 2025 Constance

Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has emphasized the vital role of the private sector in driving economic growth, commending the strong participation of Zambian companies at the 2025 Investing in African Mining Indaba. Speaking on the sidelines of the high-profile event, Dr. Musokotwane highlighted how private sector contributions to Zambia’s GDP—through goods, services, and investments—are essential to national development. “The government values the private sector’s role in economic growth. We appreciate our stakeholders who have come here to showcase their products and services to the… Read More Here

Mining in Zambia Events & Expos

Zambia Showcases Mining Reforms and Investment Drive at Mining Indaba 2025

February 5, 2025February 5, 2025 Constance

The Ministry of Mines and Minerals Development has reaffirmed Zambia’s commitment to expanding its mining sector through key policy reforms and strategic investments aimed at driving sustainable growth and increasing mineral production. Speaking at the Association of Zambian Mineral Exploration Companies (AZMEC) Business Breakfast during Mining Indaba 2025, Permanent Secretary Dr. Hapenga Kabeta, representing Minister of Mines and Minerals Development Hon. Paul C. Kabuswe, emphasized the government’s dedication to making Zambia a top destination for mining investment. “Zambia is open for business, and we are demonstrating this through action, not… Read More Here

Mining in Zambia Copper Events & Expos

Zambia to Introduce Local Content Law for Mining Sector

February 3, 2025February 3, 2025 Constance

Zambia is set to introduce a “Local Content” law this year, requiring mining companies to prioritize local contractors and suppliers when awarding contracts. The Citizens Economic Empowerment (Reservation of Goods and Services in the Mining Sector) Regulations aim to boost Zambian businesses by setting a threshold for contracts exclusively reserved for Zambian citizens. Mines Minister Paul Kabuswe announced the development ahead of the African Mining Indaba in Cape Town, South Africa, stating that stakeholder consultations on the draft framework are ongoing and the law will be enacted this year. “Once… Read More Here

Economy Events & Expos Mining in Zambia

Zambia’s Finance Minister Arrives in South Africa for Mining Indaba 2025

February 3, 2025February 3, 2025 Constance

Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has arrived in South Africa for the 2025 Investing in African Mining Indaba, set to take place from February 3 to 6 at the Cape Town International Convention Centre (CTICC). Dr. Musokotwane will represent President Hakainde Hichilema at the high-profile event, which is themed “Future-proofing African Mining, Today.” The summit will focus on sustainability, investment, and economic growth in Africa’s mining sector. He is joined by Minister of Mines and Minerals Development Paul Kabuswe, Mines Permanent Secretary Dr. Hapenga Kabeta,… Read More Here

Mining in Zambia Oil & Gas Petroleum

Tazama Pipelines Enhances Diesel Flow with New Drag Reducing Agent

February 2, 2025February 2, 2025 Constance

Tazama Pipelines has introduced a drag reducing agent (DRA) to improve the efficiency and flow of diesel through its network. This chemical reagent reduces friction within the pipeline, enhancing the movement of gasoil. As a result, the daily diesel pumping capacity has increased from 2.8 million liters to 3.6 million liters. Speaking at the launch event in Dar es Salaam, Energy Minister Makoso Chikote emphasized that this project highlights the commitment of both the Zambian and Tanzanian governments to reforming the petroleum sector. He added that the use of the… Read More Here

Mining in Zambia Energy Events & Expos

Zambia’s President Urges Energy Reforms for Africa’s Growth at Mission 300 Summit

February 2, 2025February 2, 2025 Constance

President Hakainde Hichilema has emphasized the need for Africa to implement energy sector reforms to accelerate economic growth. Speaking at the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania, President Hichilema highlighted Zambia’s commitment to the Mission 300 agenda, citing key reforms, including the inclusion of independent power producers and tariff adjustments to enhance commercial viability. He stressed that energy is as essential as water, urging African nations to leverage it for faster economic development. President Hichilema also reaffirmed Africa’s readiness to foster a business-friendly environment to support… Read More Here

Mining in Zambia Copper Economy New Mining Projects

Ming’omba Mine to Boost Zambia’s Copper Production Target

February 2, 2025February 2, 2025 Constance

President Hakainde Hichilema has reaffirmed that the projected increase in copper production at Ming’omba Mine will contribute significantly to Zambia’s goal of reaching 3 million tonnes of copper output by 2031. Speaking at State House in Lusaka during a meeting with a delegation from KoBold Metals, President Hichilema emphasized that every mining asset in the country must play a role in achieving this target. He urged the company to intensify efforts and accelerate production where possible. The President expressed satisfaction that Ming’omba Mine has already employed over 500 workers and… Read More Here

Mining in Zambia Cobalt Economy

Stanbic Bank Zambia Champions Collaborative Energy Solutions to Boost Mining Sector Productivity

February 1, 2025February 1, 2025 Constance

Stanbic Bank Zambia has emphasized the critical role of collaboration in boosting mining productivity as demand for essential minerals such as copper, cobalt, lithium, and nickel continues to rise. The bank believes that further electricity import deals can help address Zambia’s power deficit, ensuring the stability of the mining sector, which consumes over 50% of the country’s generated electricity. Speaking in Lusaka, Helen Lubamba, Head of Corporate and Investment Banking (CIB) at Stanbic, highlighted the benefits of increasing electricity imports for the mining industry, which would contribute to Zambia’s overall… Read More Here

Mining in Zambia Corporate News Gemstones

Gemfields Suspends Emerald Sales Amid Zambian Export Duty

January 31, 2025January 31, 2025 Constance

Gemfields (LON: GEM) (JSE: GML), a leading miner of coloured precious stones, has paused the sale of emeralds from its Kagem mine in Zambia following the reintroduction of a 15% export tariff earlier this month. The company hopes the Zambian government will reverse the decision soon. Zambia, the world’s second-largest emerald producer after Colombia, initially imposed the 15% export duty in early 2019, but it was removed in January 2020 following industry pushback. However, the government reintroduced the tariff this year, prompting Gemfields to halt sales. The company had previously… Read More Here