Lusaka, Zambia – The United States is stepping up efforts to secure critical mineral supply chains by supporting the expansion of copper and cobalt production in Zambia, a move aimed at reducing global reliance on China. On Thursday, the US Trade and Development Agency (USTDA) awarded a US$1.4 million grantContinue Reading
Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) has announced a US$500 million strategic private placement with the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. As part of the transaction, Ivanhoe will issue 57,516,666 common shares to QIA at a price of C$12.00 per share, generatingContinue Reading
Kalumbila, Zambia — First Quantum Minerals (FQM), through its Trident operation, has unveiled Kwanzangana, a pioneering Corporate Social Investment (CSI) model designed to place communities at the heart of development and ensure mining benefits are shared more equitably. The initiative takes its name from the Lunda word for “sharing,” reflectingContinue Reading
In Zambia’s North-Western Province, Kansanshi Mine stands tall as the country’s largest copper producer. But while copper dominates its output, it is gold — recovered as a by-product — that has become central to Zambia’s economic strategy. For almost two decades, Kansanshi has poured its gold into doré bars, withContinue Reading
In Zambia’s North-Western Province, Kansanshi Mine has long been known as the country’s copper powerhouse. Yet, in recent years, it is gold—produced as a by-product of copper—that has become a cornerstone of Zambia’s economic strategy and financial resilience. Gold at the Heart of National Reserves Since 2021, Kansanshi has suppliedContinue Reading
U.S. Gold Corp. has selected Glencore Technology’s Jameson Cell flotation system to improve gold and copper recovery at its flagship CK Gold Project in Wyoming. The decision follows extensive engineering, optimization, and trade-off studies conducted as part of the project’s Definitive Feasibility Study (DFS) and execution plan. Partnership with GlencoreContinue Reading
Zambia and Botswana have signed a landmark agreement to expand and modernize trade infrastructure at the Kazungula Bridge, a critical transport gateway for Southern Africa. The move is expected to ease congestion, cut freight delays, and unlock new trade opportunities across the region. Cutting Delays, Saving Millions Transport and LogisticsContinue Reading
Konkola Copper Mines (KCM) has embarked on a major township road rehabilitation initiative worth US$8.1 million, covering 15.1 kilometres across Chililabombwe, Chingola, and Shibuyunji districts. The project, part of KCM’s Corporate Social Responsibility (CSR) program, aims to enhance local infrastructure, improve connectivity, and stimulate economic activity in host communities. OfContinue Reading
First Quantum Minerals Ltd. has dropped plans to sell minority stakes in its Zambian copper mines after securing a $1 billion gold-streaming agreement that eased pressure on its balance sheet. The Canadian miner had previously considered offloading shares in its Kansanshi and Sentinel mines following the forced closure of itsContinue Reading
An independent audit has revealed that the toxic spill at a Chinese-owned copper mine in Zambia earlier this year may be one of the worst mining disasters in history, releasing 30 times more waste than officially acknowledged. According to Drizit Zambia Ltd., at least 1.5 million tons of sulphuric acid-ladenContinue Reading
