Vedanta Resources-owned Konkola Copper Mines (KCM) has commenced a planned 60-day shutdown of its Nchanga Smelter in Zambia to undertake critical maintenance, and refurbishment works aimed at improving operational performance and supporting future production growth. The company announced that the shutdown, which began this month, forms part of a broaderContinue Reading
Zambia-focused integrated copper producer and resource developer Jubilee Metals, listed on both the AIM and AltX, has secured a $1.5 million unsecured convertible loan note to accelerate development across the greater Molefe region. The investment comes from an undisclosed backer with a strong track record in copper project development, includingContinue Reading
ZCCM Investments Holdings Plc (“ZCCM Investments Holdings Plc”) has announced a major step forward in its gold sector expansion strategy following the incorporation of a new special purpose vehicle, Kyalo Goldfields Limited (“KGL”), to develop the Kikonge gold project in Zambia’s North Western Province. The announcement follows a memorandum ofContinue Reading
With a well-established copper mining sector and much of the country’s mineral wealth unexplored, the Zambian mining industry is poised for a potential period of substantial growth and expansion. This growth trajectory is reinforced by several factors, including strong Zambian government support, starting with the introduction of a new onlineContinue Reading
BHP is intensifying its focus on Zambia’s copper sector, signalling a growing industry shift toward the search for large, deeply buried mineral deposits as global demand for copper continues to rise. The renewed exploration push highlights increasing international interest in Zambia’s largely underexplored mineral potential. The country, currently Africa’s second-largestContinue Reading
The Democratic Republic of the Congo is evaluating an equity investment in a proposed $270 million cross-border power transmission project with Zambia as electricity shortages continue to pressure one of the world’s most significant copper-producing regions. According to the country’s finance ministry, the project involves the construction of a 200Continue Reading
