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Category: Mining in Zambia

Copper Prices Stabilize as DRC-Zambia Border Reopens After Brief Crisis 1 Mining in DRC Copper Economy Mining in Zambia 

Copper Prices Stabilize as DRC-Zambia Border Reopens After Brief Crisis

Constance
Global copper prices have stabilized below the USD 9,000 per tonne mark following the resolution of a brief but intense border dispute between the Democratic Republic of Congo (DRC) and Zambia. Earlier concerns about a potential disruption to one of the world’s key copper export corridors had driven prices up for two days. However, after reaching around USD 8,900 per tonne on August 13, 2024, prices dipped slightly below USD 8,800 as tensions eased. The border crisis began when the DRC unilaterally banned the import of beer, soft drinks, and… Read More Here
Kasenseli Gold Mine to Reopen After K42 Million Investment in Safety Upgrades 2 Gold Mining in Zambia Mining safety New Mining Projects 

Kasenseli Gold Mine to Reopen After K42 Million Investment in Safety Upgrades

Constance
The Zambia Gold Company (ZGC) has approved a K42 million investment for remedial works at the Kasenseli Gold Mine in Mwinilunga District, North Western Province. This decision paves the way for the mine’s reopening, which had been suspended by the government in 2021 following a series of fatalities related to illegal mining activities. Guy Phiri, Chairperson of the ZGC Board of Directors, announced that the mine is expected to resume full operations by September this year. “We anticipate creating around 500 jobs once the mine is fully operational, with a… Read More Here
Lusaka-Ndola Dual Carriageway Project Employs 1,747 Zambians 3 Mining in Zambia Infrastructural Development 

Lusaka-Ndola Dual Carriageway Project Employs 1,747 Zambians

Constance
The Road Development Agency has confirmed the employment of 1,747 Zambians as progress continues on the Lusaka-Ndola Dual Carriageway project. The project, led by MOIC-LN Consortium Limited, began on May 21, 2024, following a groundbreaking ceremony officiated by President Hakainde Hichilema. The initiative involves upgrading 327 kilometers of the Lusaka-Ndola Road and rehabilitating 45 kilometers of the Masangano-Fisenge-Luanshya Road under a Public-Private Partnership (PPP) Financing Model. Among the 1,747 employed, 865 are general workers, 233 are plant operators, 38 are engineers, 33 serve as administrators, and 578 are engaged in… Read More Here
Zambia and DRC Resolve Trade Dispute, Reopen Border to Restore Commerce 4 Mining in Zambia Mining in DRC Transport and Logistics 

Zambia and DRC Resolve Trade Dispute, Reopen Border to Restore Commerce

Constance
Zambia and the Democratic Republic of Congo (DRC) have agreed to reopen their shared border on Monday after resolving a trade dispute that led to its closure over the weekend. In a joint statement, the commerce ministers of both nations announced, “The Zambian party informed the Congolese party that the border will be reopened to allow the free movement of people and goods between the Democratic Republic of Congo and the Republic of Zambia.” The agreement followed a meeting between Zambia’s Minister of Commerce, Trade, and Industry, Chipoka Mulenga, and… Read More Here
Zambia Launches Nationwide Aerial Survey to Uncover Mineral Wealth 5 Mining in Zambia Copper New Mining Projects 

Zambia Launches Nationwide Aerial Survey to Uncover Mineral Wealth

Constance
President Hakainde Hichilema of Zambia has officially launched a nationwide high-resolution aerial geophysical survey aimed at uncovering the country’s hidden geological assets. This initiative utilizes advanced airborne geophysical technology to identify mineral and water resources, significantly reducing exploration costs and fostering new investment opportunities. This ambitious project is part of the government’s broader strategy to unlock Zambia’s untapped mineral wealth, with the ultimate goal of reaching 3 million tonnes of copper production by 2031. The detailed mapping effort will enhance exploration and help accurately determine the market value of Zambia’s… Read More Here
Jubilee Metals Achieves First Copper Concentrate Production from Roan Facility in Zambia 6 Mining in Zambia Copper 

Jubilee Metals Achieves First Copper Concentrate Production from Roan Facility in Zambia

Constance
Jubilee Metals, a diversified metals producer, has announced the successful production of its first copper concentrate from the front-end module at the Roan concentrator facility in Zambia. This newly produced copper concentrate, derived from previously mined material at Roan, will be refined into copper cathode at Jubilee’s Sable refinery, also located in Zambia. In addition to this, the Roan facility continues to produce sulphide copper concentrate from its mill-and-float circuit, which is currently being traded on the market. The front-end module is set to ramp up production during the third… Read More Here
President Hichilema Launches 300MW Maamba Power Plant Expansion 7 Mining in Zambia Electricity Energy 

President Hichilema Launches 300MW Maamba Power Plant Expansion

Constance
Maamba Energy Ltd and Zambia’s energy sector celebrated a significant milestone as President Hakainde Hichilema officially commissioned the Phase Two expansion of a 300MW thermal power plant at a groundbreaking ceremony in Maamba. This project is crucial for meeting Zambia’s energy demands and enhancing regional energy trade. Maamba Energy Ltd, a joint venture between ZCCM-IH (35%) and Nava Bharat (65%), is dedicated to providing reliable and sustainable energy solutions for the country. President Hichilema urged all stakeholders to ensure the timely completion of the project, underscoring its importance for Zambia’s… Read More Here
Mopani Copper Mines Expands Operations with New Shafts to Boost Production 8 Copper Mining in Zambia 

Mopani Copper Mines Expands Operations with New Shafts to Boost Production

Constance
Mopani Copper Mines is sinking three new shafts at its Kitwe and Mufulira sites, aiming to increase annual copper production to 225,000 tonnes upon completion. Speaking at the 96th Agricultural and Commercial Show, Mopani’s Public Relations Officer, Lillian Musenge, highlighted that one of the key challenges for the mine is its aging infrastructure. “Creating a Competitive Future” is this year’s theme for the Agricultural and Commercial Show. To achieve this, we must develop strategies and innovations to address current and anticipated challenges while seizing opportunities. For Mopani, old infrastructure is… Read More Here
Zambia's Mines Minister Warns Mining Licence Holders Against Illegal Mining 9 Mining in Zambia Artisanal mining Copper 

Zambia’s Mines Minister Warns Mining Licence Holders Against Illegal Mining

Constance
Mines and Minerals Development Minister Paul Kabuswe has emphasized that the responsibility to curb illegal mining lies with licence holders, not the government. He warned that licence holders allowing illegal activities on their tenements risk losing their licences. In a media briefing last week, Kabuswe clarified that according to the Mines and Minerals Act, it is the duty of licence holders to ensure security on their tenements. He specifically addressed concerns about illegal mining at Sensele Mine, stating that the government does not own the mine, and the responsibility for… Read More Here
Zambia’s Finance Minister Urges Private Sector to Boost Growth and Productivity 10 Mining in Zambia Economy 

Zambia’s Finance Minister Urges Private Sector to Boost Growth and Productivity

Constance
Zambia’s Finance and National Planning Minister, Dr. Situmbeko Musokotwane, has urged the private sector to maintain its growth momentum and enhance productivity across all sectors. In meetings with representatives from various commercial banks, Dr. Musokotwane expressed optimism that the country’s current challenges, including the energy deficit and food security issues worsened by drought, will significantly improve by next year. The Minister stressed the need for continued investment in the energy sector to support the government’s efforts to diversify energy sources. He emphasized the role of public-private partnerships (PPPs) in driving… Read More Here

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