Breaking News
South Sudan Govt to Establish Mining Marketing Stations 1 International Gold 

South Sudan Govt to Establish Mining Marketing Stations

Constance
South Sudan’s government has announced its plans to work with Qatari gold firm United Gold Factory to establish mining marketing stations in mineral-rich areas in the country. The marketing stations will be used to organize small-scale mining enterprises in South Sudan and facilitate the trade of refined extractive resources. The marketing stations will also serve to formalize the mining sector, improving working conditions and hours, wages as well as health and safety concerns. In addition to streamlining activities in the sector, support for local miners will also allow for better… Read More Here
President Hichilema Advocates for EU Investment in Zambia's Mineral Value Addition 2 Mining in Zambia Events & Expos 

President Hichilema Advocates for EU Investment in Zambia’s Mineral Value Addition

Constance
President Hakainde Hichilema has urged the European Union (EU) to explore investment opportunities in Zambia’s mining sector, emphasizing the potential for mutual benefit. Speaking at the EU-Zambia Business Forum held in Kitwe last week, President Hichilema highlighted Zambia’s pivotal role in the future of electric vehicles due to its rich mineral resources. He stressed the importance of value addition through beneficiation, capital provision and advanced technology. “We aspire to embrace cutting-edge technology that will not only add value to our minerals but also propel Zambia into a leadership position in… Read More Here
Epiroc Zambia announces plans to build a new facility in Chingola 3 Mining in Zambia Equipment & Technology Infrastructural Development Mining Equipment 

Epiroc Zambia announces plans to build a new facility in Chingola

Constance
Epiroc Zambia Limited is set to revolutionize the mining industry with the unveiling of its groundbreaking plans for a cutting-edge facility in Chingola, Zambia. Scheduled for the third quarter of 2024, the launch of this state-of-the-art facility marks a significant stride in Epiroc’s commitment to technological innovation and sustainable productivity. Comprising a comprehensive hub housing a training center, service center, workshop, warehouse, and administrative offices, the new facility aims to elevate skill development not only within Zambia but also across East, Central, and West Africa. Equipped with advanced technologies and… Read More Here
Transparency Concerns Arise Over ZESCO's $160M Debt Write-off to Maamba Collieries Limited 4 Mining in Zambia Coal Electricity 

Transparency Concerns Arise Over ZESCO’s $160M Debt Write-off to Maamba Collieries Limited

Constance
In a recent development, Maamba Collieries Limited (MCL), Zambia’s largest coal mine and the leading Independent Power Producer (IPP), remains tight-lipped regarding the controversial $160 million debt write-off extended to them by the state-owned power company, ZESCO. This write-off, following a lengthy period of dispute and negotiation, has raised eyebrows and sparked speculation about potential corruption and overbilling. The debt between MCL and ZESCO had ballooned to over $600 million by 2021, as ZESCO disputed the charges, leading to prolonged negotiations. However, a recent statement from ZESCO’s Managing Director, Victor… Read More Here
President Hichilema Inaugurates 60 Megawatt Solar Plant in Kitwe to Combat Energy Crisis 5 Mining in Zambia Electricity Energy 

President Hichilema Inaugurates 60 Megawatt Solar Plant in Kitwe to Combat Energy Crisis

Constance
In a significant move towards diversifying Zambia’s energy sector, President Hakainde Hichilema inaugurated the 60-megawatt Itimpi power project in Kitwe last week. Developed by the Copperbelt Energy Corporation (CEC), the project represents a pivotal step in the country’s efforts to increase investments in non-hydro-based power generation. President Hichilema, who was on a five-day visit to the Copperbelt region, emphasized the importance of private sector involvement in sustaining such investments. He urged entrepreneurial firms to capitalize on Zambia’s abundant sunlight by investing in solar energy, thereby contributing to a more resilient… Read More Here
President Hichilema Launches Revitalization of Luanshya Copper Mines 6 Mining in Zambia Copper 

President Hichilema Launches Revitalization of Luanshya Copper Mines

Constance
In a landmark event, President Hakainde Hichilema inaugurated the dewatering of Shaft 28 at Luanshya Copper Mines last week, marking a significant step towards revitalizing Zambia’s mining industry. The ambitious project, backed by a $500 million investment from China Non-Ferrous Metals Corporation (CNMC), promises to create over 3,000 jobs and inject new life into the region’s economy. The ceremony, attended by dignitaries and officials, symbolized a strong partnership between Zambia and China, underscoring their commitment to fostering economic growth and development. President Hichilema expressed gratitude to President Xi Jinping and… Read More Here
Kenya proposes regional maritime treaty to ease Ethiopia-Somalia tension 7 International Governance 

Kenya proposes regional maritime treaty to ease Ethiopia-Somalia tension

Constance
Kenya has proposed an idea that would diffuse the tension between Somalia and Ethiopia. Kenya suggested that both countries come to a regional maritime treaty concerning Ethiopia’s deal with a region Somalia considers a breakaway state; Somaliland. Leaders of Ethiopia and Somalia are said to be considering the proposal. Back in January, the landlocked East African giant, Ethiopia revealed that it had begun the process of gaining direct access to the sea. The Ethiopian government stated that it recently signed a deal with the Republic of Somaliland to use one… Read More Here
President Hichilema Commemorates Successful Rehabilitation of Chingola-Kasumbalesa Road 8 Mining in Zambia Infrastructural Development 

President Hichilema Commemorates Successful Rehabilitation of Chingola-Kasumbalesa Road

Constance
President Hakainde Hichilema has officially inaugurated the rehabilitated Chingola-Kasumbalesa Road, marking a significant achievement in Zambia’s infrastructure development strategy under the Public-Private Partnership (PPP) model. This milestone represents the first completion of a road project financed entirely by private sector funds, reflecting a prudent approach to safeguarding the national treasury, as highlighted by President Hichilema. The successful rehabilitation of the Chingola-Kasumbalesa Road sets a precedent for future infrastructure endeavors, including the ambitious Ndola-Lusaka dual carriageway, showcasing Zambia’s commitment to advancing its transportation network. With the road’s completion, travel delays and… Read More Here
CAMI Expands Operations with New Provincial Directorate in Lualaba Province 9 Mining in DRC 

CAMI Expands Operations with New Provincial Directorate in Lualaba Province

Constance
The Mining Cadastre (CAMI) is set to broaden its footprint in the province of Lualaba with the establishment of a provincial directorate. This development was announced to Governor Fifi Masuka Saini on Tuesday, April 9, 2024, by Popol Mabolia Yenga, the Director-General of CAMI. Accompanying Mabolia were Blaise Kiza, the Technical Director, and Ricky Katombe, the Provincial Director of Lualaba. Governor Fifi Masuka Saini expressed appreciation for this initiative, deeming the establishment of a provincial CAMI directorate timely. Given that the mining sector contributes significantly to the province’s revenue, particularly… Read More Here
USIP Proposes DRC as Key Player to Counter China's Mining Dominance in Africa 10 Mining in DRC 

USIP Proposes DRC as Key Player to Counter China’s Mining Dominance in Africa

Constance
The United States Institute of Peace (USIP) has identified the Democratic Republic of Congo (DRC) as a pivotal “solution country” to address China’s significant strides in African mining. In a recent report, USIP urges Washington to engage in robust commercial diplomacy, focusing on forging partnerships centered around critical minerals in Africa. With the DRC being the world’s leading cobalt supplier, it presents a strategic opportunity for the United States. Experts suggest that the U.S. government should prioritize establishing a comprehensive memorandum of understanding (MoU) with the DRC. Such an MoU… Read More Here

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