Recent News

Bank of Zambia Extends Gold Purchase Deal with FQM-Update

First Quantum Minerals (FQM) has renewed its agreement with the Bank of Zambia (BOZ) to supply refined gold from its Kansanshi mine for the next three years, ensuring a significant portion of the mine’s gold output remains in the country. The contract extension, signed on 7 August 2025, follows a …

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President Hichilema Bids Farewell to Namibia’s High Commissioner

Zambia’s President Hakainde Hichilema has bade farewell to His Excellency Savaye R. Haindongo, the outgoing High Commissioner of the Republic of Namibia and Dean of the African Group of Ambassadors and High Commissioners accredited to Zambia. In his message, President Hichilema expressed Zambia’s deep appreciation for High Commissioner Haindongo’s dedicated …

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Waco Modular sees surging demand amid copper boom

The demand for modular infrastructure in the mining sector is currently growing rapidly as the industry expands to meet global copper demand. With copper prices remaining at very favourable levels, nearly all mines in the region are undergoing significant expansion projects. Mining continues to be the cornerstone of the economy, …

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Zambia Launches Critical Minerals Guide for Green Future

A new guide to Zambia’s critical minerals highlighting the country’s current and potential resources such as cobalt, lithium, and graphite was launched this week in Lusaka. The publication, Critical Minerals Potential of Zambia, is a collaboration between Zambia’s Ministry of Mines and Minerals Development and the British Geological Survey (BGS), …

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Zambia: Lighting Up Africa, One Connection at a Time

A quiet revolution is underway in Zambia, a nation historically grappling with power deficits, as the state-owned Zambia Electricity Supply Corporation Limited (ZESCO) embarks on an ambitious journey to transform the country into the energy heartbeat of the African continent. This monumental shift, highlighted at the recent Invest Zambia International …

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Zambia Taps Mining Sector to Power Renewable Energy Expansion

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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JVChantete Earthworks Ltd Mining & Machinery Online De-Fleet Auction

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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KSB SupremeServ Academy Trains Future Pump Experts

KSB Pumps and Valves is investing in the future of industrial service excellence through its dedicated training hub, the SupremeServ Academy. Based at the company’s Jet Park facility, the academy was established to address the growing need for specialised skills across KSB’s service value chain and to support its expansive …

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FQM Crowned Top Mining Investor in Zambia

Recognised as Zambia’s leading mining investor, First Quantum Minerals (FQM) received top honours at the inaugural Invest Zambia International Conference (IZIC), a landmark event held in Lusaka, Zambia to spotlight the country’s investment opportunities and reform agenda. Receiving the “Best Investor in Mining – 2025” award, FQM was acknowledged for …

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Copper Coup: Zambia Teams Up with Global Trader to Unlock Mineral Wealth

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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