Copper

Johannesburg: The race for Africa’s rich copper belt has intensified with global mining heavyweight First Quantum Minerals (FQM) making a significant strategic move, injecting US$15.2 million into Australian-based explorer Prospect Resources. In return for this cornerstone investment, FQM will secure a substantial 15% shareholding in Prospect, a move that promises …

Mumbezhi copper project in the north-west of the country has been granted two large scale mining licences (LML). The developers of the project Prospect Resources the development marks a significant transition for Mumbezhi. “The rapid grant of the LMLs over Mumbezhi is a testament to both the underlying opportunity presented by …

Monica Ngambi, born on the day Zambia declared independence, has witnessed a lifetime of copper extraction. Yet, the prosperity promised by the nation’s vast mineral wealth remains elusive for her and many others in the Copperbelt. While global powers scramble for Zambia’s copper, fuelling the clean energy transition, the stark …

Jubilee, a diversified metals producer has commenced the processing of the new high-grade copper feed material at its Roan concentrator facility. According to the company, the material feed grade is in-line with management expectations with current feed assays exceeding 1.6 percent Cu, approximately double the grade of material previously processed …

Recognising the vast untapped potential of the Copperbelt Province, First Quantum Minerals (FQM) has handed over a ground-breaking aerial geological survey of the Copperbelt to the Zambian government. The survey, entirely funded by FQM, addresses the lack of comprehensive documentation of the region’s mineral wealth, despite over a century of …

Aim- and AltX-listed diversified metals producer Jubilee Metals Group has reported a setback in its Zambian operations due to severe power constraints. The company, in its operational and project update for the first half of its 2025 financial year ended December 31, revealed that copper production at its Roan operation …

Zambia’s ambitious plan to triple its copper output to three million tonnes annually could be derailed by a proposed minerals regulation law that mining industry heavyweights warn could scare away investors and cripple the sector. The heart of the controversy lies in the Minerals Regulation Commission Bill, a piece of …

The battle for African copper has intensified, with the investment arm of Abu Dhabi’s IHC making a bold move for a controlling stake in Vedanta Resources’ prized Zambian copper assets, Konkola Copper Mines (KCM). This follows their recent acquisition of Mopani Copper Mines, painting a clear picture of their ambition …

Zambia’s economic engine, the mighty copper mining sector, faces a potential power cut. But fear not, a lifeline is on the horizon. To avert an energy deficit that could cripple production, the state-owned electricity utility, Zesco, has announced it’s seeking to import power from neighboring countries. This move comes as …

Dubai’s International Holding Company (IHC), the emirate’s reigning corporate titan, has set its sights on Zambia’s prized Lubambe Copper Mine, throwing a wrench into a deal already clinched by China’s JCHX Mining. Industry insiders are abuzz with talk of a potential bidding war, with Zambia caught in the middle of …