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

In a move that could significantly accelerate the energy transition, KoBold Metals, a US-based mining company backed by the likes of Bill Gates and Jeff Bezos, has secured a substantial $537 million in equity funding. This latest round, led by prominent investors Durable Capital Partners and T. Rowe Price, values …

Glencore reinforced its commitment to the Democratic Republic of Congo (DRC) and its people, particularly the communities where Glencore’s operations, Mutanda Mining (MUMI) and Kamoto Copper Company (KCC) operate. Gary Nagle, Glencore Chief Executive Officer met with President Félix Tshisekedi and Prime Minister Judith Suminwa, Prime Minister of the DRC, …

One of the world’s largest producers of emeralds, Grizzly Mining’s latest international emerald auction held in Dubai generated US$22.4 million The auction saw the company offer its latest mid – to high-grade rough emeralds from the flagship Grizzly emerald mine in Zambia. Highlights With 87 clients in attendance from Europe, …

In a significant development for African infrastructure, the Zambia-Lobito rail project is set to commence by early 2026, as Africa Finance Corporation (AFC) CEO Samaila Zubairu announced at the Lobito Corridor Leaders Summit. This ambitious project, which has received pivotal support from US President Joe Biden, aims to revolutionize trade …

Lusaka, Zambia – First Quantum Minerals (FQM) has pledged its support for upgrading the 371-kilometre Mutanda-Kaoma road, a crucial route for the transportation of copper and other essential materials. As a major user of the road, FQM recognises the significant impact that improved infrastructure can have on the mining industry and …