Ecora Resources (LSE, TSX: ECOR), a leading critical minerals royalty company, has signed a $50 million streaming deal with Moxico Resources for its flagship Mimbula copper mine in Zambia. This strategic agreement solidifies Ecora’s foothold in the copper sector while ensuring long-term revenue streams. A Game-Changing Deal The all-cash transactionContinue Reading
Japan has pledged $1.2 million in grant aid to strengthen Zambia’s mining sector, supporting the country’s efforts to expand its mineral production. The funds will be used to acquire advanced laboratory equipment for Zambia’s Geological Survey Department, enhancing its ability to identify viable mining sites and improve operational efficiency. FinanceContinue Reading
ASX-listed Prospect Resources has unveiled its maiden mineral resource estimate (MRE) for the Mumbezhi Copper Project in Zambia, reporting 107 million tonnes at 0.5% copper, containing a total of 515,000 tonnes of copper. Resource Breakdown The MRE covers two key deposits: Nyungu Central and Kabikupa. Key highlights include: While goldContinue Reading
A Strategic Visit to Strengthen OperationsVedanta Resources Group CEO, Deshnee Naidoo, recently visited Konkola Copper Mines (KCM) operations in Chingola and Chililabombwe, reaffirming Vedanta’s commitment to the mine’s future. Her visit marks a significant step in the company’s broader strategy to revitalize and expand KCM, ensuring its long-term sustainability. High-LevelContinue Reading
The Zambian Ministry of Mines and Minerals Development has introduced the Zambia Integrated Mining Information System (ZIMIS), a state-of-the-art digital platform aimed at enhancing efficiency and transparency in the management of mining licenses. ZIMIS replaces the previous Cadastre System, offering a more streamlined approach to issuing mining rights. This upgradeContinue Reading
In a move that signals renewed investment and confidence in Zambia’s mining sector, Vedanta Resources Group CEO Deshnee Naidoo visited Konkola Copper Mines (KCM) operations in Chingola and Chililabombwe last week. Her visit marks a critical step toward revitalizing KCM and aligns with Vedanta’s broader expansion strategy. A High-Powered VisitContinue Reading
Zambia’s Ministry of Mines and Minerals Development has introduced the Zambia Integrated Mining Information System (ZIMIS), a state-of-the-art digital platform designed to enhance efficiency, transparency, and accountability in mining license management. Replacing the previous Cadastre System, ZIMIS aims to streamline the issuance of mining rights, directly aligning with Zambia’s goalContinue Reading
Global mining giant Barrick Gold has solidified its commitment to Zambia, signing a strategic memorandum of understanding (MoU) with the government’s Industrial Resources Limited (IRL). This move signals a significant push to bolster exploration and mining activities in the mineral-rich nation, aligning with Zambia’s ambitious goal of tripling its copperContinue Reading
Gemfields recently conducted a mini auction to sell emeralds from its Kagem mine in Zambia. These gems had remained unsold from a previous sale due to strong competition from another producer offering similar stones at lower prices. Held between February 19 and 21, the auction generated $4.8 million from theContinue Reading
The North-Western Division of the Zambia Police has reaffirmed its commitment to supporting First Quantum Minerals Limited (FQML) and its mining operations in the region. During a recent courtesy visit to FQML’s Trident Limited site in Kalumbila—home to the Sentinel Copper and Enterprise Nickel Mines—a high-level police delegation led byContinue Reading
