In a bid to stabilise the 330kV electricity network in Zambia’s North-Western Province, ZESCO, in partnership with First Quantum Minerals (FQM), Barrick, and technical collaborators ADC and Zutari, is implementing a significant infrastructure upgrade to enhance power stability and reliability, an essential move to support expanding mining operations. FQM is …
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Upcoming JVChantete Earthworks Ltd Mining & Machinery Online De-Fleet Auction – Nuco Auctioneers Returns with Exclusive De-Fleet Auction in Zambia Nuco Auctioneers, a trusted name in asset disposal and fleet reduction auctions, is proud to announce its upcoming Zambia-based online auction, featuring a diverse range of quality assets across multiple …
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In a significant move to assert greater control over its vast mineral riches, Zambia is poised to ship its first consignment of semi-processed copper through a groundbreaking partnership between state-owned Industrial Development Corporation (IDC) and global commodities powerhouse, Mercuria Energy Group. This ambitious venture, securing a vital government waiver, marks …
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Water-related risks can easily be underestimated in a due diligence study of a mining operation, with pollution and flooding being among the many aspects that prospective investors or lenders need to consider. “In most mining transactions, the issue of water generally presents a significant risk to investors,” said Peter Shepherd, …
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The time is ripe for Africa’s mining sector to realise its full potential. With vast mineral reserves, the continent holds the resources needed to drive the next phase of development, both for Africa and the world. As global debates continue over which minerals will fuel this growth, renewed international interest …
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The C&I Energy + Storage Summit Zambia, a pivotal event for the Southern African Development Community (SADC) region, is poised to launch on August 27-28, 2025, in Lusaka. This landmark summit will introduce a dynamic platform aimed at tackling pressing energy challenges and delivering sustainable solutions for the commercial and …
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The Copperbelt Energy Corporation’s (CEC) market capitalisation has exceeded US $1 billion, a historic first for any company listed on the Lusaka Securities Exchange (LuSE). The Company Secretary, Julia Chaila said crossing the one-billion-dollar threshold reflects confidence in business operations and strategy as CEC continues to provide reliable and sustainable …
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Paratus Zambia in partnership with TouchNet has launched the Zadara AI Sovereign Cloud, an enterprise-grade cloud computing solution now available locally and is hosted at the Paratus Zambia Data Center. While this solution has been successfully deployed in other African markets, its launch in Zambia marks a major milestone in …
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Prospect Resources has commenced phase two drilling and exploration programmes at its Mumbezhi Copper Project in the Copperbelt. The Managing Director and Chief Executive Officer of Prospect, Sam Hosack said the phase 2 programme has been designed to validate the significant potential for a material, large scale resource at Mumbezhi. …
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Johannesburg: The race for Africa’s rich copper belt has intensified with global mining heavyweight First Quantum Minerals (FQM) making a significant strategic move, injecting US$15.2 million into Australian-based explorer Prospect Resources. In return for this cornerstone investment, FQM will secure a substantial 15% shareholding in Prospect, a move that promises …
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