Copper

Prospect Resources has announced a new growth driver at its Mumbezhi Copper project following gold assay results from the Nyungu Central deposit. According to Prospect’s Managing Director and Chief Executive Officer, Sam Hosack, the confirmation of gold by‑product mineralisation at Nyungu Central creates a compelling new value lever for the …

As the world races toward electrification and digital transformation, copper has emerged as one of the most strategically contested minerals of the 21st century. Yet the global supply chain still lacks a unified, internationally recognised standard for traceability. That is now changing and driven not from traditional centres of global …

The Vedanta Resources Chief Executive Officer, Deshnee Naidoo has confirmed that the company will increase its planned $1billion investment in Zambia’s Konkola Copper Mines (KCM) to fast-track new tailings leach facilities and expand copper production from secondary sources. KCM already hosts one of the world’s largest tailings leach plants, with …

TSX-listed copper, nickel and gold producer First Quantum Minerals (FQM) has outlined key steps for Zambia to achieve its ambitious target of 3Mt of copper production per year by 2032. To reach this milestone, about 815Mt of ore will need to be mined, considering the decline in ore grades from …

Zambia is gearing up for a record year in copper production, capitalizing on surging global prices and significant supply disruptions elsewhere, positioning the nation for a major economic windfall. With copper trading near record highs—and banks like Goldman Sachs Group Inc. forecasting further gains as the market moves into a …

The demand for modular infrastructure in the mining sector is currently growing rapidly as the industry expands to meet global copper demand. With copper prices remaining at very favourable levels, nearly all mines in the region are undergoing significant expansion projects. Mining continues to be the cornerstone of the economy, …

India has dispatched a team of geologists to Zambia to assess copper and cobalt deposits, a strategic move aimed at securing a stable supply of key minerals essential for its energy transition goals. The initiative underscores India’s accelerating efforts to forge government-to-government agreements for raw materials amid tightening global markets. …

Zambia, a sleeping giant in the global copper market, is aggressively courting major car manufacturers to set up electric vehicle (EV) component plants on its soil, leveraging its vast mineral wealth to drive industrialisation and job creation. This ambitious push comes as the nation navigates a complex economic landscape, marked …

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 …