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Category: Mining in Zambia

Zambia Imports Power from South Africa to Alleviate Energy Deficit 1 Mining in Zambia Electricity 

Zambia Imports Power from South Africa to Alleviate Energy Deficit

Constance
Zambia has begun importing 218 megawatts of electricity from South Africa’s Electricity Supply Commission (ESKOM) during off-peak hours to address the country’s power shortage. Matongo Maumbi, a spokesperson for Zambia’s state-owned power utility Zesco, announced on state television that the imports started on August 1 to help mitigate the power deficit. Zambia, Africa’s second-largest copper producer, is also importing electricity from Mozambique to meet its energy demands. “The imports have allowed Zesco to stabilize the power supply, enabling us to provide electricity to critical installations such as hospitals, mines, and… Read More Here
First Quantum Trials World’s First Battery-Powered Dump Truck 20 Mining in Zambia Copper Equipment & Technology 

First Quantum Trials World’s First Battery-Powered Dump Truck

Constance
First Quantum Minerals has partnered with Hitachi Construction Machinery to trial a fully electric dump truck at the Kansanshi mine. This groundbreaking initiative represents a significant step toward a more sustainable and environmentally friendly mining industry. Copper is crucial for the global transition to a lower carbon, renewably powered, electric future. However, mining this essential resource must be done responsibly, with a focus on reducing emissions. Electrifying mining machinery, including dump trucks, is a key component of this effort, despite the technical challenges it presents. The trial of the battery-powered… Read More Here
Vedanta Completes $245 Million Disbursement to Konkola Copper Mines 21 Mining in Zambia Copper 

Vedanta Completes $245 Million Disbursement to Konkola Copper Mines

Constance
Vedanta Resources Holdings Limited has successfully disbursed over $245 million from its escrow account to Konkola Copper Mines (KCM) bank accounts in Zambia. Masuzyo Ndhlovu, Vedanta’s Director of Corporate Communications, stated that the funding was sourced internally within the Vedanta group. He emphasized that the disbursement to creditors and employees is a crucial step in KCM’s transformational journey, showcasing Vedanta’s commitment to the mine’s resurgence and proposed growth trajectory. KCM Chief Operating Officer Malcolm Mewett added that the release of funds by Vedanta reaffirms the company’s dedication to Zambia and… Read More Here
Vedanta Resources Reinstates Board of Directors at Konkola Copper Mines 22 Mining in Zambia Copper 

Vedanta Resources Reinstates Board of Directors at Konkola Copper Mines

Constance
Vedanta Resources Holdings Limited has reinstated the Board of Directors for Konkola Copper Mines (KCM), marking the return of full management control to Vedanta. This step is essential for ramping up production and unlocking KCM’s full potential. Chris Griffith, Chief Executive Officer of Vedanta Base Metals, expressed confidence in the newly reinstated board, stating that it consists of a team of highly skilled and experienced professionals. He believes the board will provide strong leadership and guidance to help drive the company’s success, aligning with the Zambian government’s vision of positioning… Read More Here
Nchanga KCM Open Pit Mining in Zambia Copper 

Konkola Copper Mines Begins Paying Creditors

Constance
Beginning with the municipal and city councils in the Copperbelt, Konkola Copper Mines (KCM) has started to pay its creditors following the company’s successful avoidance of liquidation by Vedanta Resources. On July 26, a High Court Judge issued an ex parte order to halt the winding-up petition against KCM and reinstated the Board of Directors. To date, Chingola Municipal Council has received over K26 million, Chililabombwe has received K8 million, and Kitwe City Council has received K14 million. KCM’s Chief Financial Officer, Manish Saxena, expressed gratitude to the creditors for… Read More Here
Prospect Resources Expands Copper Potential at the Mumbezhi Project in Zambia 23 Mining in Zambia Copper 

Prospect Resources Expands Copper Potential at the Mumbezhi Project in Zambia

Constance
Prospect Resources has firmly positioned itself as a leading player in the mining sector, particularly noted for its transformative work on the Arcadia Lithium Mine Project in Zimbabwe. The company’s journey from initial discovery to the successful sale of its 87% interest in Arcadia for approximately US$378 million in April 2022 underscores its expertise and strategic vision. The Arcadia project saw significant progress through various stages, including resource definition, early-stage technical and economic evaluations, a definitive feasibility study, offtake agreements, pilot plant operation, and strategic project financing. This comprehensive approach… Read More Here
Tertiary Minerals Identifies Large Copper Anomaly at Mupala Project 24 Mining in Zambia Copper 

Tertiary Minerals Identifies Large Copper Anomaly at Mupala Project

Constance
Aim-listed Tertiary Minerals has identified a significant copper-in-soil anomaly at its Mupala project in Zambia. The company announced on July 29 that field analytical results from a recent soil sampling program confirmed the prospectivity of the license, supplementing historical data and its proximity to other copper prospects. Tertiary Chairperson Patrick Cheetham noted that while more work is needed to determine the significance of this soil anomaly, it marks a promising start to exploration at Mupala. The Mupala project is located on the west side of the Kabompo Dome in Zambia’s… Read More Here
Galileo Resources Begins Copper Exploration with Drill Program in Zambia 25 Copper Exploration Mining in Zambia 

Galileo Resources Begins Copper Exploration with Drill Program in Zambia

Constance
London-listed Galileo Resources has engaged a Zambian contractor to commence a drill program of approximately 700 meters as part of the initial phase of exploration on licence 28001-HQ-LEL in Zambia, with rig mobilization scheduled for later this week. The licence is situated within the Western Foreland domain, an area potentially hosting Kamoa-Kakula-style copper deposits. The company states that the licence is strategically located along the strike of the Kamoa-Kakula mining complex in the Democratic Republic of Congo (DRC) and adjacent to a substantial exploration licence area acquired by Ivanhoe Mines… Read More Here
FQM PARTNERS WITH UNZA AND CBU TO LAUNCH APPLIED FIELDWORK COURSE 26 Mining in Zambia Copper Press Release 

FQM PARTNERS WITH UNZA AND CBU TO LAUNCH APPLIED FIELDWORK COURSE

Constance
 First Quantum Minerals has partnered with the University of Zambia (UNZA) and Copperbelt University (CBU) to create a comprehensive residential applied fieldwork course aimed at providing students with practical insights into the mineral exploration industry.   The course, spanning seven days, is conducted in an exploration field camp setting, featuring modules that replicate the entire exploration lifecycle from target generation to drill testing and related activities.  Some 15 fourth and fifth year UNZA students took part in the inaugural course earlier this month through the UNZA Society of Economic Geologist’s… Read More Here

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