Copper

From Rolling in the Copper Dust to producing Copper Cables?

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 …

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Jubilee’s Strategic Copper Expansion in Zambia

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 …

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Mining sector tax contributions hit record K43 billion

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 …

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Lumwana Super Pit project on track for production in 2028

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, …

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Zambia’s Copper Jewel Up for Grabs: First Quantum in Talks to Sell Stakes to Chinese Giant

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 …

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CEC announces registration of first green bond

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 …

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Global Copper Market on the brink, says analysts

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming months, analysts said on Tuesday. Panama’s top court on Tuesday ruled that Canadian miner First …

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Zambia, Vedanta saga on Konkola Mine on the verge of a settlement

VEDANTA Resources was on the cusp of bringing four years of dispute with the Zambian government over Konkola Copper Mines to a close, this is according to media reports. The reports quote the Indian firm as saying it was at an “advanced stage” of executing agreements with Zambia that could …

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Makayi becomes the country’s first female head in a mining exploration company

In Zambia, Africa’s second-biggest producer of copper, which is in high demand for the transition to a low-carbon economy, Mfikeyi Makayi will be the most senior woman yet in the mining sector. Silicon Valley start-up KoBold Metals, which uses artificial intelligence to identify battery metal deposits, has appointed a woman …

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Right skills needed for enhanced cooper productivity

Zambia needs to have a workforce with the right skills so that productivity in copper production is enhanced. Skilled miners are critical to meeting the annual copper production of three million tonnes in the next 10 years. Training mine operators is one way of growing the sector as it increases …

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