Mining in Zambia - Copperbelt Katanga Mining

Zambia to Retain Majority Stake in Key Mining Projects

October 11, 2024October 11, 2024 Constance

Zambia’s government plans to maintain a majority stake in certain promising mining licenses identified through an ongoing mapping exercise, while inviting private investors to develop these assets through joint ventures with the state. Mines Minister Paul Kabuswe announced that the government has established a special purpose vehicle (SPV) to facilitate investment as part of Zambia’s strategy to boost copper production. As Africa’s second-largest copper producer, Zambia aims to surpass 1 million tonnes of copper output by the end of 2025. The SPV will hold licenses for key areas and seek… Read More Here

Mining in Zambia Artisanal mining Events & Expos

Minister Kabuswe Calls for Urgent Action Against Illegal Mining in Zambia

October 11, 2024October 11, 2024 Constance

Mines and Minerals Development Minister Paul Kabuswe has emphasized the need for an urgent investigation into the persistent illegal mining activities in Zambia, despite government efforts to curb the issue. Kabuswe noted that, although security officers have been deployed to protect mining sites, illegal activities continue. He stressed that the government will intensify efforts to implement stricter measures to combat illegal mining, while encouraging the formalization of small-scale miners to ensure safer mining practices. The Minister made these remarks during his closing address at the 2024 Mining and Investment Insaka… Read More Here

Mining in Zambia Battery Metals

Musamu Resources Calls for Manganese Processing Plant and Increased Local Participation in Zambia

October 11, 2024October 11, 2024 Constance

Musamu Resources Limited Executive Chairperson, Dr. Sixtus Mulenga, has urged ZCCM-IH to consider establishing a manganese processing plant in Zambia. Speaking at the Mining and Investment Insaka in Lusaka today, Dr. Mulenga emphasized the importance of greater involvement of Zambians in the manganese mining sector. He highlighted that the development of a national steel industry could accelerate Zambia’s industrialization, with the manganese sector playing a key role. Dr. Mulenga stressed that the sector’s success relies on the inclusion of artisanal, small-scale, and large-scale miners, alongside the establishment of processing plants.… Read More Here

Mining in Zambia Transport and Logistics

Zambia Joins Central Corridor Transit Transport Facilitation Agency to Boost Regional Trade

October 10, 2024October 10, 2024 Constance

In a significant move to enhance regional trade and transportation, Zambia has officially become a full member of the Central Corridor Transit Transport Facilitation Agency (CCTTFA). The agreement was signed by Minister of Transport and Logistics, Hon. Eng. Counsel Museba Frank Tayali, during the Interstate Council of Ministers Meeting in Kinshasa, DRC. The high-level meeting was chaired by Jean-Pierre Bemba, Deputy Prime Minister and Minister of Transport of the DRC. The Central Corridor is an integrated multimodal transport and logistics network that connects member states to the Indian Ocean through… Read More Here

Mining in Zambia Electricity Energy

Zambia’s Energy Regulation Board Set to Announce Decision on ZESCO’s Emergency Tariff Adjustment

October 10, 2024October 10, 2024 Constance

The Energy Regulation Board (ERB) is expected to announce its final decision today regarding ZESCO’s application for an emergency tariff adjustment. During a public hearing on ZESCO’s application held in Lusaka on Monday, ERB Board Chairperson James Banda assured attendees that there is no political interference in the board’s decision-making process. He emphasized that the decision will be based solely on the board’s considerations of all submissions received. ZESCO Managing Director Victor Mapani clarified that the proposed emergency tariff adjustments will apply only to domestic, retail, and industrial customers, explicitly… Read More Here

Mining in Zambia Copper Economy

Zambia Aims for Over 1 Million Tonnes of Copper Production by 2025

October 10, 2024October 10, 2024 Constance

Zambia’s Mines and Minerals Development Minister, Paul Kabuswe, has announced that the country aims to increase copper production to over 1 million tonnes by the end of 2025. He expressed optimism that the long-term goal of reaching 3 million tonnes by 2031 is achievable. Minister Kabuswe made these remarks during a high-level panel discussion focused on policies to meet the ambitious copper production target at the ongoing Mining and Investment Insaka in Lusaka. Finance Minister Situmbeko Musokotwane emphasized the importance of teamwork in achieving this target. He noted the necessity… Read More Here

Mining in Zambia Battery Metals Copper Mergers & Acquisitions

Patriot Lithium Expands into Zambia with 80% Stake in Katwaro Copper Project

October 10, 2024October 10, 2024 Constance

Battery metals explorer, Patriot Lithium, has signed a binding option agreement to acquire an 80% stake in the Katwaro Copper Project, Zambia, from Array Metals and Natural Resources. This strategic move aims to diversify the company’s asset portfolio and expand its jurisdictional presence. The Katwaro Project, located near Mumbwa, spans 400 hectares and includes a historical open-pit mine with copper-bearing meta-sediments. Under the terms of the agreement, Patriot Lithium will pay Array Metals $25,000 (A$37,172) for an exclusive 12-month option period. If Patriot exercises the option, a special purpose vehicle… Read More Here

Mining in Zambia Mine Safety

Search Continues for Trapped Miners in Zambia’s Mumbwa Gold Mine Accident

October 8, 2024October 24, 2024 Constance

Search operations continue for trapped miners following a tragic accident at the Lwiili Gold Mine in Mumbwa District, Central Province. Yesterday, ten miners were confirmed dead after their bodies were recovered from the collapsed mine, while six miners were rescued alive and subsequently admitted to Nangoma Mission Hospital. Mumbwa District Commissioner Namukolo Hayumbu informed ZNBC news that the search for additional victims has entered its second day. She noted that the ongoing search is due to the uncertain number of miners still trapped after a portion of the mine collapsed.… Read More Here

Mining in Zambia Artisanal mining Events & Expos

President Hichilema Condemns Illegal Mining, Calls for Investor Partnerships

October 8, 2024October 8, 2024 Constance

President Hakainde Hichilema has declared the loss of miners due to illegal mining activities as unacceptable, stressing that such practices must not continue. Speaking at the Mining Insaka, President Hichilema called on investors to collaborate with small-scale miners by purchasing their minerals as a strategy to curb illegal mining. He emphasized the importance of large mining companies creating opportunities for small-scale miners to ensure fair participation in the sector. The President noted that the government has issued over 500 small-scale mining licenses to promote legal mining activities among citizens. He… Read More Here

Mining in Zambia Economy Events & Expos

President Hichilema Commits to Strengthening Zambia’s Mining Sector for Economic Stability

October 8, 2024October 8, 2024 Constance

President Hakainde Hichilema has expressed his commitment to growing Zambia’s mining sector to a level where minor shocks will not disrupt the stability of the economy. He emphasized that fluctuations within the mining industry have far-reaching effects on the entire economy. To achieve this goal, the government has set an ambitious target of producing three million tonnes of copper by 2031. During the official opening of the Mining Insaka in Lusaka, President Hichilema highlighted that reaching this target will help the mining sector become more resilient against minor disturbances. The… Read More Here