ZCCM-IH Investment Income Rises 40% as Market Capitalisation Surpasses US$1 Billion…
ZCCM-IH reported a 40% rise in investment income to ZMW3.4 billion, supported by higher Kansanshi royalties and dividends. Its portfolio value increased to US$1.91 billion, while CEC, Mopani and Kansanshi remained major assets. Results highlight recapitalisation, governance improvements, financial controls and a proposed shareholder dividend… Read full article CKM WEEKLY COMMODITY WATCH
DRC Advances $2 Billion Musompo Battery Precursor Zone to Build Local Battery Value Chain…
DRC is advancing plans for the US$2 billion Musompo Economic Zone, designed to produce battery precursors locally from cobalt and copper resources. The initiative aims to deepen domestic processing, strengthen the battery chain, attract investment, create jobs and increase value captured from the country’s minerals… Read full article
Zambia Eyes Up to $1 Billion in IPOs as Copper Prices Strengthen Investor Interest…
Zambia’s copper sector could generate up to US$1 billion through potential initial public offerings on the Lusaka Securities Exchange. Higher copper prices and expanding production are improving investor sentiment, while mining companies seek capital to finance growth, new projects and wider participation in Zambia’s capital markets… Read full article
Metalkol Approves Damen CSD500 Dredger for DRC Operations to Boost Copper and Cobalt Tailings Recovery…
Metalkol has approved a Damen CSD500 dredger following acceptance in the Netherlands, clearing it for shipment to the DRC. Adapted for depths up to 16 metres, it is expected to improve copper and cobalt tailings recovery, strengthen plant feed and enhance efficiency through trained personnel… Read full article
Zambia Approves Tanzania and Namibia Fuel Pipelines to Strengthen Energy Security…
Zambia has approved petroleum pipelines as part of measures to strengthen fuel supply security. Planned infrastructure is intended to improve fuel transportation and distribution, reduce supply risks and support activity, while reinforcing the country’s energy logistics network and improving reliability for mining and other productive industries… Read full article