Top Stories

Zambia’s Strategic Partnership Hit a Wall

By Trust Ndebele High above the subterranean caverns of Zambia’s historic Copperbelt, a high-stakes corporate drama is threatening to unravel one of Africa’s most watched mining rescues. Just three years after Abu Dhabi-backed International Resources Holding (IRH) triumphantly acquired a controlling 51% stake in Mopani Copper Mines, the joint venture …

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Multotec opens new facility to celebrate 25 years

Multotec Zambia is marking its 25th anniversary in 2026 with the opening of a new facility which serve as the Central Africa Regional Head Office, reinforcing its long-standing commitment to the country and the region’s mining industry. Multotec’s expertise, technology, and service capabilities closer to customers, while positioning the business …

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CEC scoops awards at ZCMCA 2026 – Updates

By Nkosilathi Mudiyi Copperbelt Energy Corporation (CEC) has won the Environmental, Social and Governance (ESG) and the Most Liquid Stock of the Year awards at the Zambia Capital Markets Conference and Awards (ZCMCA) 2026 gala dinner held at Avani Victoria Falls Resort in Livingstone on 2 October. The ESG Award …

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Nyungu Central produce high grade intersections

Prospect Resources’ first assays from infill diamond drilling at Nyungu Central have produced shallow, high grade intersections. Sam Hosack, Prospect’s Managing Director and Chief Executive Officer said the company is excited to have the flow of infill results from Nyungu Central underway. “While the regional backlog in assay laboratories has …

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AfDB, BMZ partner to boost Africa’s rail connectivity

The African Development Bank Group has signed a letter of intent (LOI) with the German Federal Ministry for Economic Cooperation and Development (BMZ) to cooperate on developing Africa’s railway systems and deepening regional economic integration. Mike Salawou, Bank Group Director for Infrastructure and Urban Development signed on behalf of the …

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Vedanta hires Chinese firm for $498 million copper plant

Indian billionaire Anil Agarwal, Vedanta Resources’ major shareholder has hired Chinese firm to build $498 million copper plant. The plant is set to become Africa’s largest copper-waste recovery plant and will recover 70,000 tonnes of copper annually from mining waste. Observers have hinted, the deal strengthens Indian and Chinese involvement …

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CEC appoints new company secretary – Updates

Copperbelt Energy Corporation (CEC) has announced the appointment of Chanda Kasanda-Magubbwi as the new company secretary of the board The appointment follows the retirement of Julia Chaila from the role effective 31st August 2026. New secretary, Magubbwi is a seasoned legal and governance professional with over 18 years of experience …

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Atomic signs binding funding commitment

Australian Stock Exchange-listed uranium development company focused on advancing a portfolio of uranium assets in Africa, Atomic Eagle’s largest shareholder, Menel Energy and Resources has signed a binding commitment to exercise an aggregate of 35,149,113 options at an exercise price of $0.31 per option. Under the commitment, Menel has irrevocably …

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SKF SA extends remanufacturing expertise into bearing

Through SKF Remanufacturing’s expertise in clearance modification, a longstanding customer was able to salvage inventory that would otherwise have been rejected, consequently avoiding redundant procurement and scrap costs which translated to significant savings. This successful project not only delivered immediate value for the customer but also confirmed an additional capability …

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Metso launches Sampo Cell

Metso is introducing the Sampo™ Cell, a breakthrough innovation in coarse particle flotation that enhances recovery of coarse particles without compromising fine particle recovery, helping mining companies improve the efficiency, profitability, and sustainability of their operations. “Mining companies are under increasing pressure to process more complex ores, improve recovery and …

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