Business

Zambia’s mining sector remains the undisputed anchor of the national economy, with copper continuing to serve as the country’s most valuable export and a fundamental driver of industrial development. As the global thirst for copper, cobalt, and nickel intensifies in the race for renewable energy technologies, Zambia is strategically positioning …

Zambia’s mining sector continues to anchor the national economy, with copper remaining the country’s most valuable export and a critical driver of industrial development. As global demand for copper, cobalt, and other critical minerals intensifies (particularly for renewable energy technologies) Zambia is positioning itself as a strategic supplier. Yet, despite …

The Africa Finance Corp. and the African Development Bank have each pledged $500 million towards a transformative railway project designed to link Zambia’s copper mines to international markets via the Angolan port of Lobito. This significant financial backing is bolstered by an additional $320 million contribution from Italy, as announced …

Zambia’s push to scale up copper production is facing fresh pressure as planned shutdowns at key smelters threaten to ripple across both output and critical chemical supplies. Two of the country’s largest smelters of operations linked to Mopani Copper Mines and Chambishi, are preparing for extended maintenance outages later this …

The Zambian mining sector is approaching a significant milestone as the Luanshya Copper Mine prepares to resume production this August following a dormant period lasting over twenty years. This resurgence is driven by the China Nonferrous Mining Corporation (CNMC), which maintains an 80 per cent majority stake in the venture, …

A renewed push by BHP into Zambia’s copper sector is signalling a shift toward the next frontier of mineral discovery, with the company targeting large, deeply buried deposits as global demand accelerates. The move reflects growing international interest in Zambia’s underexplored potential, as the country works to expand output and …

Zambia is stepping into a new phase of its copper expansion strategy, with the US$300 million Mingomba Mine set to break ground on 29 April  2026. The project, led by KoBold Metals, is expected to become a key contributor to the country’s long-term production goals, with planned output of up …

The Zambian government has taken its most significant single step yet towards energy diversification, with President Hakainde Hichilema officiating at the launch of the Leopards Hill Solar and Battery Storage Project, a development that combines the country’s largest solar plant with its first utility-scale battery storage system. The project, developed …

First Quantum Minerals (FQM), through its subsidiary Kansanshi Mining has commenced the upgrading of the Mitech-Boom Gate Road to a dual carriageway in Solwezi District. The project is being funded on a 50:50 basis, with K52 million in construction costs provided by Kansanshi Mining and K52 million by the government, …

Babcock has appointed Deon de Kock as Chief Executive for Africa, effective January 2026, bringing more than 30 years of executive experience across the mining, engineering, industrial and energy sectors to one of the continent’s most established engineering and support services businesses. De Kock succeeds Roger O’Callaghan, who led Babcock …