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

Mining Indaba is the pinnacle event for promoting long-term investment in African mining. Attracting a broad and prominent speaker lineup, including industry professionals, policymakers, and stakeholders from around the country and beyond to promote economic growth and foster positive changes in the mining industry. The 2024 conference aims to celebrate …

Analysts believe that the Mopani deal could compromise Zambia’s drive for debt sustainability required as part of any support from the International Monetary Fund. They said this amid reports that the International Monetary Fund is looking into Zambia’s deal with Glencore, Mopani’s majority stakeholder. Zambia became Africa’s first pandemic-era sovereign …

The latest Zambia Extractive Industry Transparency Initiative (ZEITI) report has indicated that First Quantum Minerals (FQM) contributed the majority of government revenue generated from the extractive sector in 2019. According to the report, the mining giant’s two subsidiaries – Kansanshi Mining Plc and Kalumbila Minerals Ltd, contributed K5.7 billion and …

President Hakainde Hichilema has announced the country’s intentions to build a pipeline to transport oil products from the port of Beira, Mozambique. Supporting the vision, Mozambican transport minister Mateus Magala said a boom in mineral resources in Zambia means that Mozambique should plan to increase the volume of cargo that …

Private equity firm Affirma Capital, development finance institution Norfund, and Norwegian pension fund Kommunal Landspensjonskasse (KLP) have invested $145 million in Zambian independent power producer and transmission company Copperbelt Energy Corporation (CEC). The aim is to build on CEC’s success by strengthening its leadership in the African decarbonisation programme, building …