Mining in Zambia - Copperbelt Katanga Mining

Konkola Copper Mines Regains LME Copper Grade A “REC” Certification Following Independent Audit Konkola Copper Mines plc announced that the London Metal Exchange (LME) has reinstated its Copper Grade A “REC” brand, restoring the company’s full market trading status. The reinstatement follows a comprehensive independent audit conducted under the Responsible Minerals Assurance Process by the Responsible Minerals Initiative. The audit confirmed that KCM complies fully with internationally recognised standards for responsible sourcing, supply chain transparency, and due diligence. Acting CEO Malcolm Mewett described the decision as a major endorsement of… Read More Here

Mining in Zambia Transport and Logistics

Zambia Railways Secures Financial Advisor to Drive $60 Million Infrastructure Upgrade

March 22, 2026March 22, 2026 Constance

Zambia Railways Partners with Pangaea Securities to Raise $60 Million for Rail Modernization Zambia Railways Limited has appointed Pangaea Securities as Transaction Advisor to help secure US$60 million in financing from Development Finance Institutions (DFIs) and private investors. The funding initiative marks a key step in revitalizing the country’s rail network and strengthening its role in regional trade and logistics. The planned financing will complement a €50 million grant provided through the European Union under its Railway Sector Support Programme (RSSP). The program is designed to rehabilitate critical sections of… Read More Here

Mining in Zambia Corporate News Mining safety Safety & Health

Zambia Launches Major Environmental Remediation at Sino-Metals After Tailings Dam Collapse

March 22, 2026March 22, 2026 Constance

Zambia Orders Comprehensive Clean-Up at Sino-Metals Following Tailings Dam Disaster The Government of Zambia has officially launched a large-scale environmental remediation program at Sino-Metals Leach Limited following the collapse of Tailings Dam Number 15 in February 2025, which led to widespread contamination of local waterways. Water and Sanitation Development Minister Collins Nzovu officiated the launch in Chambishi, emphasizing that the clean-up is not a routine corporate exercise but a critical national effort to protect water resources and safeguard the health and livelihoods of affected communities. The 2025 dam failure released… Read More Here

Mining in Zambia Oil & Gas Petroleum

President Hichilema Warns Against Fuel Hoarding Amid Global Energy Crisis

March 22, 2026March 22, 2026 Constance

Zambia’s President Hakainde Hichilema Condemns Fuel Hoarding, Calls for Supply Chain Stability President Hakainde Hichilema has issued a stern warning to oil marketing companies against hoarding fuel and creating artificial shortages, describing such practices as sabotage against the Zambian people. Speaking at a high-level meeting with petroleum industry stakeholders in Lusaka, convened to discuss the impact of the escalating Middle East conflict on global energy markets, President Hichilema questioned why filling stations continue to run dry despite Zambia holding between 30 and 60 days of fuel reserves. “Our clear priority… Read More Here

Mining in Zambia Economy

Zambia’s Banking Sector Signals Readiness to Power Govt’s 24-Hour Economy

March 22, 2026March 22, 2026 Constance

Zambian Banks Expand Digital Payments and Operating Hours to Support Government’s Transition to a 24/7 Economy The Bankers Association of Zambia (BAZ) has confirmed that the country’s banking sector is fully prepared to support the government’s transition to a 24-hour economy, with digital infrastructure already upgraded and extended operating hours implemented across the industry. BAZ Chief Executive Officer Leonard Mwanza stated that the banking sector spent much of 2025 strengthening systems to enable round-the-clock financial services, including a successful pilot expansion of the Electronic Funds Transfer (EFT) platform. Currently, banks… Read More Here

Mining in Zambia

Zambia’s Ministry of Mines Enforces Local Content Compliance for Mining Companies

March 20, 2026March 20, 2026 Constance

Zambia Mining Companies Must Submit Annual Procurement Plans and Quarterly Reports Under Local Content Regulations The Ministry of Mines and Minerals Development has directed all mining and mining-related companies in Zambia to submit their Annual Procurement Plans and Quarterly Reports in accordance with the Local Content Statutory Instrument No. 68 of 2025. The directive comes into effect following the implementation of the statutory instrument on 1 January 2026, which aims to strengthen compliance and promote local participation in the country’s mining sector. Fred Banda, Ministry Director for Large-Scale Mining and… Read More Here

Copper Corporate News Investment News Mining in Zambia New Mining Projects

KoBold Metals Advances Mingomba Copper Project in Zambia

March 19, 2026March 19, 2026 Constance

KoBold Metals Begins Mingomba Copper Development in Zambia, Targets Early 2030s Production KoBold Metals, the mining firm backed by U.S. billionaires Jeff Bezos and Bill Gates, has officially commenced development of its Mingomba copper project in Zambia, with production targeted for the early 2030s. The development marks a significant step in Zambia’s efforts to expand copper output and strengthen its position in the global energy transition supply chain. The announcement follows closely on a separate regional development in which Burundi signed a three-year agreement with KoBold Metals and Lifezone Metals… Read More Here

Mining in Zambia Artisanal mining Gold

Zambia Strengthens Sustainable Gold Mining Through Landmark ZCCM-IH and planetGOLD Partnership

March 17, 2026March 17, 2026 Constance

Zambia Advances Mercury-Free Gold Mining with ZCCM-IH and planetGOLD MoU to Formalize Artisanal Sector Zambia has taken a decisive step toward transforming its artisanal and small-scale gold mining (ASGM) sector following the signing of a landmark Memorandum of Understanding (MoU) between ZCCM Investments Holdings Plc and the planetGOLD Zambia Project on March 17, 2026. The agreement signals a unified national commitment to promoting responsible, mercury-free gold mining while integrating artisanal miners into the formal economy. It also reflects a broader strategy to ensure that Zambia’s mineral wealth delivers sustainable and… Read More Here

Mining in Zambia Hydro power plant Mergers & Acquisitions Press Release

GLOBELEQ CONFIRMS ACQUISITION OF A MAJORITY STAKE IN ZAMBIA’S LUNSEMFWA HYDRO POWER COMPANY

March 17, 2026March 17, 2026 Constance

Globeleq, the leading independent power company in Africa, has completed its acquisition of a 51% equity stake in Lunsemfwa Hydro Power Company (LHPC) from Norfund, the Norwegian development finance institution. The transaction represents a major step in Globeleq’s entry into the Zambian energy market and the South African Power Pool (SAPP). The remaining 49% of LHPC is owned by Wanda Gorge Investments, a Zambian-based infrastructure investment company. LHPC operates two hydroelectric power plants with a combined capacity of 56 MW and is constructing a 27 MWp solar PV project. Its… Read More Here

Mining in Zambia Copper

Zambia HIV Aid Talks With US Intersect With Copper Mining Interests

March 16, 2026March 16, 2026 Constance

US Ties $1.5 Billion HIV/AIDS Aid Package to Zambia Mining Talks Amid Critical Minerals Race The administration of Donald Trump has linked discussions over HIV/AIDS funding for Zambia with broader negotiations involving the country’s mining sector, highlighting how the global race for critical minerals is increasingly intersecting with foreign aid, according to a report by The New York Times. At the center of the discussions is a proposed $1.5 billion US health aid package intended to support Zambia’s fight against HIV and other infectious diseases. According to the report, United… Read More Here