Zambian Mining News The Premium Source of Information on The Zambian Mining Industry

Fluctuating commodity prices, unstable taxes and the outbreak of COVID-19 have been the significant challenges faced by the mining sector. Despite the many obstacles, First Quantum Minerals (FQM) has managed to remain viable and increase production. However part of what has helped sustain the mine through the hardships is its …

The Zambia International Mining & Energy Conference & Exhibition, which has been Zambia’s leading mining and energy meeting for the past decade, will commemorate its tenth anniversary with a virtual version on the 4th and 5th of May, 2021. The organizers of ZIMEC 2021, namely the Ministry of Mines and …

After skipping a coupon payment on a dollar bond in November, Zambia became Africa’s first pandemic-era sovereign default. However, the International Monetary Fund (IMF) said that progress had been made in three weeks of talks on a Zambian program, and that talks would continue, despite several obstacles. “Significant progress has …

Authorities in three of the world’s largest copper-producing countries are demanding a larger share of the windfall, according to reports released this week. While this isn’t uncommon during times of high prices, there’s also the added motivation of figuring out how to pay for pandemic recovery, as well as talk …

Galileo Resources, based in the United Kingdom, has agreed to sell the Star zinc project to Siege Mining, a Zambian company. Siege Mining will pay $200,000 for the large-scale exploration license and $550,000 for an interest in the mine, according to the terms of the agreement. Galileo’s exploration data for …