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Atomic Eagle has announced a new chapter for the Muntanga Uranium Project after reporting a JORC exploration target of between 40.0 and 100.5 Mlbs U 3O8 at a grade range of 150 – 350 ppm. According to the company, its strategy is firmly focused on rapidly expanding the existing mineral …

Prospect Resources has announced positive assay results for the Nyungu Central and Kabikupa deposits, from its recently completed Phase 2 drill programme at the Mumbezhi Copper Project. “Mumbezhi continues to deliver scale potential, with the shallow intersection returned at the southern end of the Nyungu Central deposit in NCDD021 delivering …

By : TRUST NDEBELE Zambia’s sovereign credit profile has received a significant boost with Fitch Ratings elevating the nation’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to B–. This upgrade, which mirrors an earlier move by S&P Global Ratings, signals strengthened international confidence in Lusaka’s economic recovery strategy and reform initiatives. …

Zambia’s presidency has decisively dismissed proposed new regulations that would have granted the state a minimum 15% stake in critical mineral mines without any financial compensation, thereby affirming its commitment to maintaining an investor-friendly environment. A draft “statutory instrument” originating from the mines ministry had stipulated that the government would …

Botswana-based Kemcore is proving that southern African entrepreneurs can capitalise on regional mining opportunities while creating local value. Founded by Calisto Radithipa, the company supplies critical chemicals to copper and cobalt operations in Zambia and the Democratic Republic of Congo (DRC), demonstrating how proximity, agility and innovation can unlock growth …

The experts at the Zimbabwean Gold Investment Conference in Harare have raised concerns over the exploitation of minerals, highlighting the vulnerability of communities that are the custodians of these resources. Zambian business leader and Chief Adviser Mabvuto Chipata stressed the importance of equitable distribution of value to prevent conflict. “Each …

South Africa—Africa’s ability to capture the full economic, industrial, and societal value of its vast mineral endowments hinges entirely on regional integration and a decisive shift from policy dialogue to co-ordinated action. That was the unequivocal message delivered by industry experts and policymakers at a media briefing for the Investing …

South African Competition Tribunal (SACT) has issued Jubilee with a merger clearance certificate and unconditionally approved the sale of the South African Chrome and PGM Operations to One Chrome (under the Competition Act (Disposal). SACT approval is a suspensive condition to the disposal as outlined in the circular to shareholders. …

In the three months to September 30, Barrick Gold Corporation’s Africa region recorded the largest quarter-on-quarter production increase among all the company’s operating regions. This strong performance, coupled with lower costs across the board, resulted in a 65% quarter-on-quarter rise in attributable earnings before interest, taxes, depreciation and amortisation (EBITDA). …

Israeli President Isaac Herzog has concluded a two-day state visit to Zambia, reaffirming cooperation between the two nations under the General Framework Agreement of Cooperation signed in 2023. Herzog was received on 10 November at Kenneth Kaunda International Airport by President Hakainde Hichilema before the two leaders proceeded to State …