Local News

Gemfields Navigates Operational Headwinds as Losses Narrow

Gemfiields, the London-listed gemstone miner, has signalled a period of transition and recovery following a challenging financial year defined by operational interruptions at its primary assets in Mozambique and Zambia. In a trading update ahead of its full-year results, the group revealed that delays at the Montepuez Ruby Mining (MRM) …

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KoBold’s Zambia Copper Gamble Takes Shape

The AI-driven mining company backed by Jeff Bezos and Bill Gates, KoBold Metals,has commenced development of its Mingomba copper project in Zambia, with production targeted for the early 2030s. “We have started mine development. We’re now full swing into our permitting process for us to get approvals to start building …

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SRK deepens participation in mining ahead of ZIMEC

Independent global consultancy SRK Consulting is strengthening its connections, as one of the sponsors of the 13th edition of the Zambian International Mining and Energy Conference (ZIMEC). The presence at ZIMEC will be preceded by a workshop on 24 March to be held in host town, Kitwe, in conjunction with …

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Mining Boom Poses Survival Test for Zambian Agriculture

KITWE – The rapid resurgence of Mopani Copper Mines (MCM) under the majority ownership of Abu Dhabi’s International Resources Holding (IRH) is creating a high-stakes friction point between Zambia’s industrial ambitions and its rural food security. As copper production at the Mufulira and Nkana sites surged by 40% in 2025, …

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SRK Consulting opens new practice in Kitwe

Mining advisory company, SRK Consulting has expanded its Southern African footprint with the establishment of an office in Kitwe, the heart of Copperbelt. The development comes on the backdrop of the government’s renewed commitment to supporting the country’s mining sector. “The opportunities for growth in Zambia are significant,” said Des …

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Leaked US-Zambia Health Deal Sparks Mineral Rights Controversy

A deepening diplomatic row has erupted over a leaked draft memorandum of understanding between Washington and Lusaka, suggesting that a US$1 billion health financing package may be tied to aggressive concessions in Zambia’s mining sector. The controversy centres on allegations that the Trump administration is leveraging Zambia’s fiscal vulnerability exacerbated …

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Sentinel Mine’s advanced mining technologies deployment completed

Sedna Africa has completed the design and deployment of a high-performance wireless network supporting autonomous drilling operations at First Quantum Minerals’ Sentinel Mine. According to the company, the project demonstrates robust network engineering, designed for mobility and harsh operating conditions, enabling automation systems to operate safely, continuously and at scale …

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Hichilema Sets a Bold Agenda for Zambia and Africa at Mining Indaba

The Investing in African Mining Indaba opened today with a compelling keynote address by President Hakainde Hichilema of Zambia, who offered a reflective yet forward-looking narrative on Zambia’s mining journey, Africa’s place in the global economy, and the urgent need for partnership-driven growth. Anchoring his address on the theme of …

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Zambia Signals Mining Reform Momentum Ahead of Indaba 2026

The Zambian government is using the global stage of Investing in African Mining Indaba 2026 to signal that its mining reform agenda is moving from policy to execution, with President Hakainde Hichilema confirmed as keynote speaker for the Opening Ceremony in Cape Town, South Africa from 9–12 February 2026. As …

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IMF completes extended credit facility review

Sixth and final review by the International Monetary Fund (IMF) under the 38-month extended credit facility arrangement supporting the national reform agenda has been completed. The evaluation aimed at restoring macroeconomic stability, building economic resilience, and promoting sustainable and inclusive growth has shown economic strength amid external and domestic shocks. …

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