PRESIDENT HICHILEMA PLEDGES TO BOOST MINING SECTOR IN NORTH WESTERN PROVINCE
During his visit to Solwezi Airport, President Hakainde Hichilema assured the residents of North Western Province of his government’s commitment to opening more mines in...
Category : MINING
ANGLO AMERICAN REJECTS BHP’S $39 BILLION TAKEOVER PROPOSAL
Anglo American has rebuffed BHP Group’s $39 billion takeover bid, deeming it significantly undervalued. BHP, with a deadline of May 22 to make a binding...
UAE eyes Zambia mine as minerals race heats up against Saudi Arabia
Wealthy Gulf countries are racing against China, Europe and the United States for minerals critical to powering the global green transition. The United Arab Emirates...
XTRACT RESOURCES ENTERS JV TO ACQUIRE MAJORITY STAKE IN ZAMBIA’S SILVERKING COPPER MINE
Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, in collaboration with Cooperlemon Consultancy, aimed at acquiring up to a 70% stake...
Key Factors Propelling Growth in Zambia’s Mining Industry
Zambia’s mining industry is experiencing a transformative phase, propelled by policy changes, targeted investments, and exploration endeavors to tap into the nation’s abundant mineral resources....
Baker McKenzie finalizes $1.1 billion partnership agreement for ZCCM Investments Holdings in Mopani Copper Mines deal.
Baker McKenzie, a leading international law firm, provided legal counsel to ZCCM Investments Holdings Plc (ZCCM-IH) in its significant partnership with International Resources Holding RSC...
Safeguarding Foreign Investments in Zambia’s Mining Sector: A Strategic Guide
In February 2024, Zambian President Hakainde Hichilema described the initiative to link the country’s copper mines with a port in Angola as a “once-in-a-lifetime” opportunity....
The government of the DRC is considering the implementation of export quotas on cobalt to boost prices.
As advancements in cobalt-free electric vehicle battery technology progress, Congolese officials are conflicted over the idea of implementing export restrictions on cobalt. The Democratic Republic...
Strengthening Value Chains is Essential for Artisanal Small-Scale Mining
This week in Lusaka, Zambia, an international forum focused on enhancing the artisanal and small-scale mining (ASM) of Development Minerals is underway. Development Minerals include...
Zambia: Harnessing Power Infrastructure to Drive Economic Expansion
The World Bank has initiated a $700 million program in March 2024 to bolster Zambia’s electricity sector. This initiative, named the National Energy Advancement and...