Local News

CEC convene EGM to appoint auditors

Copperbelt Energy Corporation (CEC) this week hosts a virtually extraordinary general meeting (EGM), this week (Friday). Company Secretary, Julia Chaila said the proceedings will be streamed live through the Corpserve e-EGM platform. The EGM is scheduled to consider and adopt the recommendation for the appointment of Messrs PricewaterhouseCoopers Zambia as …

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Zambia’s ZCCM-IH, Wonderful Group Form $30 Million Cement Venture – Updates

Zambia’s state-owned mineral and energy investment company, ZCCM Investment Holdings Plc, agreed to form a $30 million joint venture with the Wonderful Group of Companies to revive a historic limestone and cement facility on the nation’s copperbelt. The transaction marks a turnaround effort for Ndola Lime, an industrial operation that …

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FQM’s $3.46bn Impact Underscores Zambia’s Copper Backbone

In its latest report, First Quantum Minerals (FQM) has reinforced its central role in Zambia’s copper economy, reporting a $3.46 billion contribution in 2025, highlighting how mining continues to anchor national growth and industrial activity. The contribution spans taxes, royalties, wages, procurement and community investment, reflecting a deeply embedded economic …

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Zambia Chases 3-Million-Ton Copper Goal, Spurring Mining Advisory Boom

Zambia’s ambitious plan to more than triple its annual copper production to three million tonnes by 2031 is setting off an exploration rush, drawing global engineering firms keen to manage the technical and environmental risks of massive new operations. The expansion strategy is supported by an aggressive regulatory and infrastructure …

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Zambia Sugar Is Thinking Far Beyond Sugar

In an effort to repositioning itself as a diversified agri-industrial company, Zambia Sugar has plans to produce fertiliser and ethanol for use as a petroleum product within the next decade, an ambition that reflects the growing strategic value of sugarcane as a platform for multiple industrial outputs rather than a …

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KoBold Metals breaks ground on $2.3 billion Mingomba mine – Updated

In a bold move that underscores the intensifying global race for critical minerals, KoBold Metals has officially broken ground on the Mingomba copper mine. The mine is set to become the country’s largest mining project and one of Africa’s most significant new copper operations. Backed by high-profile investors including Bill …

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Copper Conundrum: Zambia Navigates Mixed Production Results in Q1 2026

The Zambian mining landscape faced a complex opening to the year as overall copper production registered a 4.27% decline during the first quarter of 2026. According to data released by Mines Minister Paul Kabuswe, total output for the period ending in March reached 208,992 metric tonnes, compared to the 218,308 …

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Jubilee makes strong progress at Molefe

Jubilee, the integrated copper producer and resource developer’s operational and production update for the nine-month period ended 31 March indicates the Leon Coetzer, Jubilee Chief Executive Officer said the company continues to make strong progress in delivering the copper strategy, with Roan sustaining targeted production rates and the expanded concentrate …

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Atlas Copco introduces X-Air 900-20

With the introduction of the X-Air 900-20, Atlas Copco strengthens its DrillAir portfolio with a flexible, application driven portable air compressor designed for the realities of mining and construction operations worldwide. Atlas Copco has expanded its DrillAir portfolio of portable air compressors with the launch of the X-Air 900-20, a …

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Precision Engineering: The New Frontier for Zambia’s Copper Renaissance

Zambia’s mining sector remains the undisputed anchor of the national economy, with copper continuing to serve as the country’s most valuable export and a fundamental driver of industrial development. As the global thirst for copper, cobalt, and nickel intensifies in the race for renewable energy technologies, Zambia is strategically positioning …

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