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Zambia Railways Crucial to Copper Transportation 20 Mining in Zambia Transport and Logistics 

Zambia Railways Crucial to Copper Transportation

Constance
Copperbelt Province Minister Elisha Matambo has emphasized the critical role of Zambia Railways Limited in transporting the projected three million tonnes of copper. He highlighted that the revitalization of the mining sector in the province requires the active involvement of Zambia Railways in the copper transportation process. Mr. Matambo reassured that the government will continue to support the company, recognizing it as a key player in achieving the country’s copper production goals. Meanwhile, newly appointed Zambia Railways Managing Director, Cuthbert Malindi, affirmed the company’s commitment to aligning with the government’s… Read More Here
Chinese Investments Strengthen Copperbelt Mining Sector and Economic Growth in Zambia 21 Mining in Zambia Copper Economy 

Chinese Investments Strengthen Copperbelt Mining Sector and Economic Growth in Zambia

Constance
Copperbelt Minister Elisha Matambo has highlighted a surge in Chinese investment in the province’s mining sector, which has significantly boosted economic activity. Speaking at a Rongxing Mining Company event in Kitwe honoring employees in 2024, Mr. Matambo acknowledged the positive impact of Chinese investments on the Copperbelt’s economy. He urged mining companies in the region to prioritize fair wages and ensure decent working conditions for their employees. Kalulushi District Commissioner Kelly Jibinga also commended Rongxing Mining Company for its contributions to the district, emphasizing the importance of partnerships that foster… Read More Here
Zambia to Benefit from Rising Copper Prices in 2025 39 Mining in Zambia Copper Economy 

Zambia to Benefit from Rising Copper Prices in 2025

Constance
Senior Economist Andrew Nsunge believes Zambia stands to benefit significantly from the anticipated rise in copper prices in 2025. Mr. Nsunge emphasized the need for Zambian businesses to increase their supply to the mining sector, enabling more indigenous Zambians to capitalize on the growth. He also suggested that Zambians could benefit further by becoming more involved in copper transportation. In a phone interview with ZNBC News, Mr. Nsunge stressed the importance of implementing and enforcing policies that support the participation of local businesses in the mining industry. He attributed the… Read More Here
Zambia and DRC to Clear 500 Trucks Daily to Ease Kasumbalesa Border Congestion 40 Mining in DRC Mining in Zambia Transport and Logistics 

Zambia and DRC to Clear 500 Trucks Daily to Ease Kasumbalesa Border Congestion

Constance
Zambia and the Democratic Republic of Congo (DRC) have agreed to allow the clearance of at least 500 trucks per day to address the congestion at the Kasumbalesa border on the Copperbelt. This decision comes in response to the over 3,000 trucks marooned on the Zambian side of the border. Katanga Governor Jacques Katwe announced that another measure to alleviate the situation is extending the working hours for customs officers, from six hours to 20 hours, at the Kasumbalesa, Mokambo, and Sakanya border posts. Speaking at a meeting in Chililabombwe,… Read More Here
Vedanta Secures $300 Million in Loans to Strengthen Financial Position 41 International Corporate News 

Vedanta Secures $300 Million in Loans to Strengthen Financial Position

Constance
Vedanta Resources’ parent company announced on Friday that it has secured commitments from Barclays, First Abu Dhabi Bank, and Mashreq for a $300 million loan, with a tenor of three years and three months. The funds will be used to refinance outstanding 2024 and 2026 bonds and cover other debt servicing obligations, according to Vedanta’s filing with the stock exchange. The company is seeking to expand the deal and is in advanced talks with other banks to secure an additional $200 million in loans. Last year, rating agencies S&P Global… Read More Here
Caterpillar Marks 100 Years of Innovation and Growth with Global Celebrations 42 International Mining Equipment 

Caterpillar Marks 100 Years of Innovation and Growth with Global Celebrations

Constance
NYSE-listed Caterpillar is celebrating its 100-year anniversary in 2025, marking a century since the merger of Holt Manufacturing and CL Best Tractor on April 15, 1925, which formed Caterpillar Tractor Co. Over the past 100 years, Caterpillar has evolved from its first track-type tractor, designed to pull combine harvesters in northern California, to offering modern autonomous construction and mining equipment, as well as engines used in various industries worldwide. Caterpillar products and services have played a significant role in completing thousands of industrial, construction, and infrastructure projects globally. “Our success… Read More Here
DRC's Mineral Prices and Security Challenges Shape Economic Outlook for 2025 43 Mining in DRC 

DRC’s Mineral Prices and Security Challenges Shape Economic Outlook for 2025

Constance
In its economic outlook note for the first week of December 2025, released on January 9, the Central Bank of Congo (BCC) reported that as of December 30, 2024, the price of Brent crude oil stood at USD 74.15 per barrel, reflecting a slight increase of 0.57% from the previous week. The BCC attributed this rise to positive economic prospects for China, particularly after the country announced a recovery plan. However, on a yearly basis, the price of Brent crude has dropped by 4.78% compared to December 2023. Regarding copper,… Read More Here
Zambia’s Northwestern Mining Boom Creates 30,000 Jobs and Boosts Copper Outlook 44 Mining in Zambia Copper 

Zambia’s Northwestern Mining Boom Creates 30,000 Jobs and Boosts Copper Outlook

Constance
The mining sector in Northwestern Province generated an additional 30,000 jobs last year, driven by major projects like the $2 billion expansion at Barrick’s Lumwana superpit. Minister of Northwestern Province, Robert Lihefu, highlighted the impressive growth of the sector in the region, noting that three major projects—Barrick’s Lumwana mine, Kansenseli Gold Mine, and the Kalengwa Mine, which was reopened by President Hakainde Hichilema in November after 46 years of closure—accounted for approximately 27,000 jobs. The remaining 3,000 jobs were created by smaller mining operations within the province. Looking ahead, the… Read More Here
Zambia Poised to Achieve 1 Million Tonnes of Copper Output by Late 2025 45 Mining in Zambia Copper Economy 

Zambia Poised to Achieve 1 Million Tonnes of Copper Output by Late 2025

Constance
Copper production in Zambia is forecasted to reach one million tonnes annually by the close of 2025, according to the Ministry of Mines. Permanent Secretary Hapenga Kabeta attributes this growth to increasing production levels at key mining operations, including Barrick Lumwana, Trident in Kalumbila, and Kansanshi Mines. This achievement represents significant progress toward President Hakainde Hichilema’s ambitious target of three million tonnes annually by 2030. Copper production has been steadily climbing since 2022, shortly after President Hichilema assumed office. In a notable turnaround, operations resumed at Mopani Mines and Konkola… Read More Here

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