Copper

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 …

Nkandu Beltz is a Mining Entrepenuer, Philanthropist, Author and cultural consultant.  Born in Zambia, she spent some of her formative years in Ndola playing outdoors like most other children and getting quite dirty.  When asked to take a bath she responded, “No, I don’t want to bath because I have …

A prominent player in metals processing across Africa, Jubilee, has shared the latest developments in its copper operations in Zambia. The company is strategically pursuing a significant expansion to achieve an initial target of 25,000 tonnes of copper per annum. This expansion encompasses both augmenting Jubilee’s copper resource base and …

Tax payments from the mining sector rose by 11 percent to K43.3 billion in 2022, according to the latest independently audited report from the Zambia Extractive Industries Transparency Initiative (ZEITI). The report showed that total revenues received by government from the mining sector rose to more than K43.3 billion in …

Lumwana copper mine’s Super Pit expansion project has been accelerated with first production now scheduled for 2028, the copper mine’s developers, Barrick recently told President Hakainde Hichilema. Mark Bristow, the President and Chief Executive Officer advised said the project will transform Lumwana into one of the world’s major copper mines, …

First Quantum Minerals, the Canadian mining giant, faces a critical crossroads as reports surface of potential negotiations to sell a portion of its stake in its Zambian copper mines to Jiangxi Copper Corporation, a state-owned Chinese enterprise. This move, if confirmed, could reshape the landscape of Zambia’s vital copper industry …

Copperbelt Energy Corporation Plc (CEC) has announced the registration of its green bond with the Securities and Exchange Commission on the sidelines of the COP 28 Climate summit. The registration of the green bond is a first for the country’s capital markets and is expected to attract more green finance …