Local News

Loadshedding remains one of the biggest challenges affecting African economies, businesses, and livelihoods. As energy disruptions continue to hinder growth and productivity, the Africa Energy Indaba 2025.   Slated for the 4th to the 6th of March in Cape Town, South Africa, will serve as a critical platform for stakeholders …

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 …

The global mining industry is undergoing a period of unprecedented transformation, driven by a confluence of factors that are reshaping the sector’s dynamics. According to Arjen de Bruin, CEO of business management consultancy OIM Consulting, the shift towards renewable energy sources is creating a surge in demand for certain minerals, …

The mining exploration company backed by Bill Gates, KoBold Metals, plans to invest $2.3 billion to develop a significant copper mine in Zambia, according to President Hakainde Hichilema, who cited company figures. The company aims to produce over 300,000 metric tons of copper annually at the Mingomba site, potentially making …

First Quantum Minerals Chief Executive, Tristan Pascall, has been on the ground at Kansanshi to inspect the progress the company is making with its S3 expansion project. Of a total investment commitment of US$1.25 billion, the majority of this is being spent this year to ensure the entire project is …

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 …

BT Industrial, a pioneering science and engineering company specialising in the design and manufacturing of HDPE pipes and water treatment plants, is vocal about the pivotal role of robust water infrastructure in Africa’s development. Kgomotso Lekola, Founder and Group MD of BT Industrial, emphasises the pressing need for substantial investments …

In contrast to many of its competitors, Canadian miner First Quantum has decided to maintain its 2022 cost projection despite inflationary pressures and decreased output from its mines in Zambia. Despite second-quarter cash expenses exceeding the upper limit of the yearly guidance, the business continues to predict cash costs of …

In an effort to lessen liabilities and support company growth, Konkola Copper Mines PLC (KCM) has put aside $2 million to pay off outstanding debt to small and medium suppliers and contractors. Following discussions with KCM management, KCM Provisional Liquidator Celine Nair announced the development. She claims she made the …

Zambia government has revealed that by 2024, the country’s GDP is expected to rise to 4.4 per cent following strategic interventions in the agriculture, tourism, mining, manufacturing, energy, and transport sectors. The government has also projected a modest 3.5 per cent rise in its Gross Domestic Product (GDP) for 2022, …