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Zambia’s sovereign credit profile has received a significant boost with Fitch Ratings elevating the nation’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to B–. This upgrade, which mirrors an earlier move by S&P Global Ratings, signals strengthened international confidence in Lusaka’s economic recovery strategy and reform initiatives. The key drivers cited …

Zambia’s presidency has decisively dismissed proposed new regulations that would have granted the state a minimum 15% stake in critical mineral mines without any financial compensation, thereby affirming its commitment to maintaining an investor-friendly environment. A draft “statutory instrument” originating from the mines ministry had stipulated that the government would …

Botswana-based Kemcore is proving that southern African entrepreneurs can capitalise on regional mining opportunities while creating local value. Founded by Calisto Radithipa, the company supplies critical chemicals to copper and cobalt operations in Zambia and the Democratic Republic of Congo (DRC), demonstrating how proximity, agility and innovation can unlock growth …

The experts at the Zimbabwean Gold Investment Conference in Harare have raised concerns over the exploitation of minerals, highlighting the vulnerability of communities that are the custodians of these resources. Zambian business leader and Chief Adviser Mabvuto Chipata stressed the importance of equitable distribution of value to prevent conflict. “Each …

The mining sector’s growing shift toward precision technologies is delivering measurable results, with advanced blast control now central to safety compliance, regulatory confidence and operational efficiency. That shift was evident at a major opencast coal mine in Mpumalanga, where elevated airblast levels had triggered a Section 54 stoppage before new …

Israeli President Isaac Herzog has concluded a two-day state visit to Zambia, reaffirming cooperation between the two nations under the General Framework Agreement of Cooperation signed in 2023. Herzog was received on 10 November at Kenneth Kaunda International Airport by President Hakainde Hichilema before the two leaders proceeded to State …

United Nations Climate Change Conference dubbed (COP30) ongoing at Belém in Brazil will zoom on the mining sector. According to ICMM team, this year, mining and metals are higher on the agenda than ever – driven by geopolitical considerations. In addition, there is recognition that mining and metals are part …

Omnia Holdings subsidiary BME, in partnership with Swedish-based Hypex Bio Explosives Technology (Hypex Bio), is extending its collaboration beyond Canada by initiating an infrastructure and product development programme for the Southern African Development Community (SADC) market. The two companies will gradually introduce the world’s first commercially available hydrogen peroxide explosives …

Jubilee Metals, the London- and Johannesburg-listed company now prioritizing copper extraction in Zambia, reported on Friday, October 17, that it is making steady progress toward finalizing the sale of its substantial South African chrome and platinum group metals (PGM) operations. The divestiture represents a critical step in the company’s strategic …

Australia is poised to meet the surging global demand for heavy rare earths (HREs) following China’s decision to halt exports, a move that could reshape the global minerals landscape. The announcement comes on the heels of a high-level meeting between Prime Minister Anthony Albanese and U.S. President Donald Trump, which …