Business

On Friday, President Felix Tshisekedi of the Democratic Republic of Congo arrived in Zambia’s capital, Lusaka, for an official state visit. The purpose of the visit is to improve bilateral cooperation between the two countries. President Hichilema and Hakainde Hichilema of Zambia are expected to sign a number of agreements, …

The President of South Africa, President Cyril Ramaphosa, is confirmed to attend 2022 Investing in African Mining Indaba, taking place in Cape Town from 9 – 12 May 2022. The President will deliver a Keynote Address on Tuesday, 10 May. The President’s attendance, along with Minister of Mineral Resources and …

Zambia’s Minister of Energy, Hon. Eng. Peter Chibwe Kampala, has revealed that he is set to headline the 4th edition of the Namibia International Energy Conference (NIEC2022). NIEC2022 is set to be held from the 20th to the 21st of April 2022 in Windhoek, Namibia. The two-day meeting place for …

Moxico Resources (IPO-MOXI.L), a British company, proposes to invest $100 million in Zambia’s Mimbula copper mine, according to UK Minister for Africa Vicky Ford. Ford stated in a statement released by the British High Commission in Zambia while on a visit to the country that the investment will result in …

Castillo Copper, a base metal explorer with stock exchange listings in London and Sydney, has uncovered multiple copper-potential drill-testing targets at its Mkushi project in Zambia, the continent’s second-largest copper producer. Castillo claimed in a statement to Mining Weekly on Tuesday that the next phase in developing Mkushi, one of …

Zambia has explained that it moves to reduce speculative activity and encourage investment in the mining sector by putting a cap on the number of mining licences issued to single firms. Africa’s second-largest copper producer, has announced plans to limit the number of mining licenses a company can hold at …

According to a statement released by the country’s Official Receiver on Thursday, Milingo Lungu, the provisional liquidator of Zambia’s Konkola Copper Mines (KCM), has been suspended. Zambia’s previous government, which owns 20% of KCM through state-owned mining investment firm ZCCM-IH, turned the company over to Lungu in 2019, reigniting a …

Jubilee Metals, an Aim and AltX-listed metals processing company, has received notice from ACAM that it will convert its remaining convertible loan notes, totalling $7.8 million (£5.89 million) in principal debt and accrued interest, into new ordinary shares. According to the company, the ACAM convertible loan note was instrumental in …

Restoring confidence in Zambia as a mining investment destination and diversification of the mining industry in Botswana and pushing for greater innovation in the sector are set to be key messages at the upcoming 2022 Investing in African Mining Indaba. The President of Botswana, Dr Mokgweetsi Eric Keabetswe Masisi, is …

GoviEx Uranium has explained that every year, more uranium is consumed than produced, and higher incentive prices are required to support new supply GoviEx Uranium is the developer of Mutanda Uranium mining project has indicated that it plans to start actual uranium mining in Zambia in the next five years. …