Mining Projects - Copperbelt Katanga Mining

Lumwana’s Super Pit Expansion Set to Elevate Zambia’s Copper Industry

March 13, 2024March 13, 2024 Constance

Lumwana, a prominent copper mine in Zambia, is on the brink of a transformative expansion project that will position it among the world’s leading copper producers. The development of the Super Pit expansion is poised to elevate Lumwana’s annual copper production to approximately 240,000 tonnes over a lifespan exceeding 30 years. This ambitious endeavor is a pivotal element of the Zambian government’s strategic initiative aimed at revitalizing the nation’s copper sector within the next decade. With an estimated project cost nearing $2 billion, construction is slated to commence later this… Read More Here

Mining in Zambia Copper Mining Projects

FQM Seeks Minority Stake Sale in Zambian Copper Operations

March 8, 2024March 8, 2024 Constance

First Quantum Minerals Limited is currently attracting interest from various parties interested in acquiring a minority stake in its Zambian copper operations, as the Canadian mining company endeavors to strengthen its balance sheet. Discussions regarding the sale of a minority stake in the Zambian business are underway, as the company faces pressure to bolster its financial position and generate cash following the closure of its flagship copper mine in Panama. This information was reported by Bloomberg News. Robert Harding, Chairman of First Quantum, indicated that the company is specifically seeking… Read More Here

Mining in Zambia Battery Metals Mining Projects Nickel

Enterprise Mine in Zambia Targets 20,000 Tonnes of Nickel Production

March 3, 2024March 3, 2024 Constance

Enterprise Mine, a nickel-producing operation managed by Trident Limited in Kalumbila District, Zambia’s North Western Province, is targeting a production of approximately 20,000 tonnes of nickel this year. According to Junior Keyser, Outgoing General Manager of Trident Limited, the mine is fully operational and currently employs around 750 contractors and 250 direct employees. Keyser notes that the enterprise is currently generating about 1,000 tonnes of final product nickel per month as production continues to increase at its plant. He emphasizes the mine’s intention to capitalize on the high demand for… Read More Here

Mining in Zambia Copper Mining Projects

Zambian Govt to Monitor Contractor Conditions at Mopani Copper Mines

March 3, 2024March 3, 2024 Constance

In response to the acquisition of Mopani Copper Mines by Abu Dhabi’s International Resources Holdings, the government has announced plans to closely monitor the working conditions of contractors. Minister of Mines, Paul Kabuswe, asserts that this oversight aims to uphold fair wages and decent standards of work. During an appearance on Radio Mafken’s express chit-chat programme, Minister Kabuswe emphasized the government’s commitment to ensuring that the transition of Mopani to a new investor benefits all workers, including contractors and suppliers. Highlighting the significance of the issue, Minister Kabuswe disclosed plans… Read More Here

Mining in Zambia Mining Projects

Westate Resources Commits $120M to Nangoma Mining Ventures in Zambia

February 29, 2024February 29, 2024 Constance

Westate Resources Limited, an Australian-based company, has announced plans to invest approximately $120 million in mining ventures in Nangoma, Central Province. Managing Director Paul Berresford stated that this infusion of capital is intended to bolster expansion and exploration initiatives in the area. During discussions with Central Province Minister Princess Kasune, Mr. Berresford emphasized that the funds will be allocated in phases to support various facets of the company’s operations, with a primary emphasis on fostering sustainable growth and responsible resource management. Minister Kasune underscored the importance of adherence to established… Read More Here

Copper Mining in Zambia Mining Projects New Mining Projects

Transformative Copper Venture Set to Energize Mumbwa Region in Zambia

February 28, 2024February 28, 2024 Constance

In a significant development poised to revitalize Central Province, a joint venture copper mine, the Kitumba Mine, is set to commence operations in Mumbwa with an initial infusion of US$500 million, promising to generate approximately 2,000 direct employment opportunities. Minister of Mines and Minerals Development, Paul Kabuswe, unveiled this promising venture during an interview on ZNBC’s Sunday Interview program, where he underscored the transformative impact expected in the mining sector. “Kitumba Mine, a collaborative effort between Zambian and British stakeholders, marks a turning point for the region,” Minister Kabuswe remarked.… Read More Here

Mining in DRC Battery Metals Cobalt Copper Mining Projects

Buenassa Secures $3.5M Grant for Sustainable Metal Refinery in DRC

February 26, 2024February 26, 2024 Constance

Buenassa, a pioneering company in the metal processing and trading sector, has reached a significant milestone with the award of a $3.5 million grant from the Democratic Republic of the Congo (DRC) Government through the Fonds de Promotion de l’Industrie (FPI). This grant marks the initial tranche of funding for Buenassa’s ambitious Project Preparation Facility, paving the way for an innovative copper and cobalt refinery project in the province of Lualaba. The venture represents not only a leap forward in industrial development but also a commitment to sustainable practices and… Read More Here

Mining in DRC Energy Mining Projects

SkyPower Global Partners with AFC for 200 MW Solar Power Project in DRC

February 23, 2024February 23, 2024 Constance

SkyPower Global, a solar energy company, has announced a partnership with the Africa Finance Corporation (AFC) to develop a 200 MW solar power project in the Democratic Republic of the Congo (DRC). The agreement marks a significant step forward in the DRC’s efforts to increase its renewable energy generation capacity and improve electrification rates while addressing climate change concerns. The project, which is part of a larger 1 GW solar power purchase agreement previously signed by SkyPower with the state-owned utility Société Nationale d’Electricité (SNEL), is expected to commence construction… Read More Here

Mining in Zambia Exploration Mining Projects New Mining Projects

Midnight Sun Partners with KoBold Metals to Explore Dumbwa Target in Zambia

February 21, 2024February 21, 2024 Constance

Midnight Sun Mining Corp. (TSX-V: MMA / OTCQB: MDNGF) has announced the signing of an earn-in agreement with KoBold Metals Company, marking a significant milestone in the exploration of the Dumbwa Target within the Solwezi Project in Zambia. KoBold Metals Company, renowned for its innovative approach to battery metal exploration, will undertake exploration activities on Dumbwa. Backed by investors such as Breakthrough Energy Ventures and Andreessen Horowitz, KoBold aims to leverage its advanced technology to accelerate the discovery of critical minerals. Under the agreement, KoBold can earn a 75% interest… Read More Here

Mining in Zambia Copper Mining Projects

Solwezi MP Stafford Mulusa Leads Delegation to Review Kansanshi Mine’s Expansion

February 21, 2024February 21, 2024 Constance

In a demonstration of commitment to progress and community engagement, Kansanshi Mine in Solwezi welcomed Solwezi Central Member of Parliament, Stafford Mulusa, along with a delegation of civic leaders, including Solwezi Mayor Remmy Kalepa and Town Clerk Stanley Mbewe, as well as all twelve district councillors. The visit aimed to provide insights into the ongoing expansion projects at Kansanshi Mine and their impact on the local community. Kyansenga Chitoshi, Corporate Affairs Manager at Kansanshi Mining, warmly greeted the delegation upon their arrival at the mine site. They were then led… Read More Here