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Zambian Mine Spill Victims Seek $420 Million from Chinese Operator

Residents affected by a large-scale toxic spill at a Zambian mine in February have demanded $420 million in compensation from the Chinese state-owned company that operates the site. The claims follow reports that the disaster may be one of the worst of its kind globally. Two separate legal firms representing …

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Zambia Shortchanged as Barrick Pays More in Tanzania

Critics have recently argued that Zambia is being left shortchanged by mining giant Barrick, as the country has failed to secure equitable benefits compared to its regional peers. In 2024, Barrick generated US$1.063 billion in revenue from its Tanzanian operations, recording an EBITDA margin of 52% and paying US$95 million …

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AFSIC – Investing in Africa 2025 returns to London

AFSIC – Investing in Africa 2025, the premier investment event for Africa is expected to gather over 1300 top-tier executives and investors for two high impact days of investment deals, strategic networking, and insight-driven sessions. With institutional investors controlling more than $1 trillion in assets under management confirmed to attend, …

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Vertiv to Sponsor C&I Energy & Storage Summit Zambia 2025

Vertiv,  a global leader in critical digital infrastructure, announced its participation as a bronze sponsor of the C&I Energy & Storage Summit Zambia 2025, a gathering of industry leaders, policy makers, innovators, and customers focused on addressing power challenges in the region. The company’s sponsorship reflects commitment to advancing energy …

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Gemfields unveils Imboo – Kagem’s 11,685 carat ‘buffalo’ emerald

Gemfields is delighted to introduce Imboo (‘buffalo’) at its latest high-quality emerald auction, which runs from 25 August to 11 September 2025, with all sales proceeds repatriated to Zambia. At 2.337 kilograms – equivalent to 11,685 carats – Imboo is the latest, and largest, exceptional gemstone discovered at Kagem Mining …

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The Deadly Lure of Zambia’s Copper Mines

In the heart of Zambia’s copper belt, a perilous shadow economy is thriving, luring young men and children into dangerous illegal mining operations. The trade, fueled by political connections and weak state institutions, is claiming lives and exposing a complex network of exploitation that extends across Southern Africa. The recent …

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Cummins South Africa’s Midrand ‘Power Hub’ to Rebuild 120 Engines This Year

Midrand, South Africa – Cummins South Africa is on track to rebuild 120 engines this year at its Master Rebuild Centre (MRC) in Midrand, a key part of the company’s global restoration network. The facility, which has the capacity to rebuild 14 high-horsepower engines a month, is crucial for supporting …

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Bank of Zambia Extends Gold Purchase Deal with FQM-Update

First Quantum Minerals (FQM) has renewed its agreement with the Bank of Zambia (BOZ) to supply refined gold from its Kansanshi mine for the next three years, ensuring a significant portion of the mine’s gold output remains in the country. The contract extension, signed on 7 August 2025, follows a …

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President Hichilema Bids Farewell to Namibia’s High Commissioner

Zambia’s President Hakainde Hichilema has bade farewell to His Excellency Savaye R. Haindongo, the outgoing High Commissioner of the Republic of Namibia and Dean of the African Group of Ambassadors and High Commissioners accredited to Zambia. In his message, President Hichilema expressed Zambia’s deep appreciation for High Commissioner Haindongo’s dedicated …

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Waco Modular sees surging demand amid copper boom

The demand for modular infrastructure in the mining sector is currently growing rapidly as the industry expands to meet global copper demand. With copper prices remaining at very favourable levels, nearly all mines in the region are undergoing significant expansion projects. Mining continues to be the cornerstone of the economy, …

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