Press Release - Copperbelt Katanga Mining

MERCURIA AND EXERGY ENERGY SIGN US$250 MILLION INVESTMENT DEAL TO ACCELERATE AFRICAN POWER PROJECTS 1

Investment will fund generation and transmission pipeline across Southern and Eastern Africa. Exergy, an Africa-focused integrated energy investor, and Mercuria, a global energy and commodities group, have signed a US$250 million financing agreement in Lusaka, marking one of the largest private capital commitments to Zambia’s power sector and Mercuria’s entry into the region’s power market. Subject to regulatory approvals, the financing will support generation and transmission projects being developed by two Exergy subsidiaries, Lunzua Power Company and Lusitu Transmission and Distribution Company, several of which are already underway. Exergy… Read More Here

Mining in Zambia Corporate News Press Release

FQM DRIVES ZAMBIA TO FOREFRONT OF GLOBAL MINING EFFICIENCIES

September 21, 2026September 21, 2026 Constance

Zambia has become a model for global mining innovation thanks to the recent patenting of an industry-leading electric trolley-assist system by First Quantum Minerals Ltd that improves efficiency and reduces the carbon footprint of operations. The pioneering mechanism reduces the consumption of diesel at the company’s Kansanshi and Sentinel mines, in Solwezi and Kalumbila respectively, by hooking trucks to overhead powerlines that haul them out of the pit using electricity. The company’s proprietary trolley-assist solution, Quantum Electra-Haul, has now been granted a patent and trademark, by the UK Intellectual Property Office, with further patents pending for additional aspects of the invention. First Quantum is moving towards the true decarbonisation of its mining fleet through the… Read More Here

Mining in Zambia Economy Investment News Press Release

ZCCM-IH Reports Stronger Investment Income as Portfolio Value Reaches US$1.91 Billion

August 20, 2026August 20, 2026 Constance

ZCCM-IH Investment Income Rises 40% as Market Capitalisation Surpasses US$1 Billion LUSAKA, 20 August 2026 — ZCCM Investments Holdings Plc (ZCCM-IH) has reported a 40% increase in investment income to ZMW3.4 billion for the year ended 31 December 2025, supported by higher Kansanshi royalty income and the first dividend payment from Maamba Energy. The company’s audited financial statements also show that the fair value of its investment portfolio increased by US$122 million to US$1.91 billion, while its market capitalisation surpassed US$1 billion in August 2025, reflecting stronger investor confidence. ZCCM-IH… Read More Here

International Corporate News Mining Personality Press Release

Barrick Appoints Sebastiaan Bock CEO, Rest of World

August 11, 2026August 11, 2026 Constance

Barrick Mining Corporation (NYSE:B)(TSX:ABX) today announced the appointment of Sebastiaan Bock as Chief Executive Officer, Rest of World, effective immediately. Mr. Bock will lead Barrick’s gold and copper operations and projects outside North America and will report to Mark Hill, President and Chief Executive Officer of Barrick. Barrick’s rest of world portfolio includes gold and copper assets across Africa, the Middle East, Latin America, and Asia Pacific. It produces more than two million gold equivalent ounces a year and is expected to grow by more than 20% over the next… Read More Here

Mining in Zambia Corporate News Mining Equipment Press Release

Epiroc wins large order for underground mining equipment in Zambia

April 11, 2026April 11, 2026 Constance

Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large order for mining equipment from Mopani Copper Mines Plc in Zambia. The equipment will strengthen productivity and safety at two underground copper mines. Mopani Copper Mines has ordered a fleet of Epiroc’s Minetruck haulers and Scooptram loaders. The machines will be used to boost production capacity at the mining company’s Nkana and Mufulira mines, which both were formed almost a century ago. The order is valued at around MUSD 20 (MSEK… 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 Corporate News Press Release

Zambia to Host 2026 International Mine Rescue Competition

March 7, 2026March 7, 2026 Constance

Solwezi, Zambia – Kansanshi Mining PLC and Mopani Copper Mines will co-host the 2026 International Mine Rescue Competition (IMRC), a prestigious global safety event expected to gather mine rescue teams from over ten countries worldwide. Among the countries are Australia, Colombia, the USA, China, Ivory Coast, among others. This will be the first time the international competition is held on the African continent, establishing Zambia as a global hub for mine safety and emergency preparedness. The competition, anchored by the Zambia Chamber of Mines and its members, will take place… Read More Here

Mining in DRC Economy Press Release

British International Investment partners with Rawbank to enhance financial inclusion for small businesses in DRC

March 5, 2026March 5, 2026 Constance

4 March, 2026 – British International Investment (BII), the UK’s development finance institution and impact investor, has committed $25 million in financing to Rawbank, the largest commercial bank in the Democratic Republic of Congo (DRC). The facility will strengthen Rawbank’s ability to increase access to finance for non-mining corporates and small and medium-sized enterprises (SMEs) across the country. In DRC, local businesses face a shortage of long‑term funding from the financial sector, particularly small businesses and non‑mining corporates that play a vital role in diversifying the economy. By providing much… Read More Here

Mining Equipment Corporate News International Press Release

Kal Tire and Decoda Announce Strategic Alliance to Offer Mines Autonomous Haul Road Hazard Detection

January 15, 2026January 15, 2026 Constance

KalPRO™ HaulSight, powered by Decoda and supported by expert monitoring teams, enhances tire performance & fleet productivity VERNON, BC—Kal Tire’s Mining Tire Group and Decoda, an Australian mining technology firm, have announced a strategic alliance that will bring mines real-time, autonomous haul road hazard detection to increase truck productivity, tire life and fuel efficiency. Kal Tire and Decoda have collaborated to develop KalPRO HaulSight, which builds on the success of KalPRO TireSight autonomous tire inspections. “HaulSight’s ability to detect road hazards as they arise means mines can prevent the tire… Read More Here

Mining in Zambia Corporate News Drilling Press Release

CUTTING EDGE DRILLING SET TO BOOST FQM SAFETY, PRECISION & EFFICIENCY

December 17, 2025December 17, 2025 Constance

First Quantum is introducing new automated drilling technology at its Sentinel Mine in Kalumbila, marking the first time this advanced system has been used in Zambia. The innovation is expected to help the country move closer to its national goal of producing 3 million tonnes of copper per year, while improving safety and upskilling existing jobs. Three automated drill machines were successfully tested at Sentinel, operated by First Quantum’s subsidiary Trident Mining, in partnership with the supplier, Flanders Inc . Following the positive results, Flanders Inc. has committed to opening… Read More Here