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

First Quantum Minerals Limited (FQML) has acquired a 10 percent ownership interest and shareholder loans in Minira Panama SA (MPSA) which holds the concession for the Cobre Panama project. The concession is located 120 kilometres west of Panama City and 20 kilometres from the Caribbean Sea coast, in the district …

Africa’s second largest copper producer Zambia is on a rebound path to regain its top spot on the continent after being surpassed by the Democratic Republic of Congo – DRC (3) years ago. Zambia’s peak was on the 1972 era when the mines were nationalized. In the period the Southern …

Private equity house, EMR Capital, has bought 80 percent stake in Lubambe Copper Mine in Chililabombwe at a cost of US$97.1 million. EMR is a specialist resources private equity management firm with a proven investment track record spanning over 20 years managing investments of over US$2 billion. Lubambe Mine is …

The Copperbelt Energy Corporation (CEC) will actively contribute and support Government’s goals by diversifying the country’s energy mix through investment in alternative sources of power. Currently, the company has agreed with the Copperbelt University to make the solar plant available to the university as part of its corporate social responsibility …

Copper, which is Zambia’s major source of foreign exchange firmed in early Asian trading on Friday, gaining momentum from a positive outlook for Chinese industrial activity. China’s manufacturing activity expanded at the fastest pace in six months in August, buoyed by a surge in export orders and higher prices, according …