Zambia Secures $50 Million from BADEA for Kalabo-Sikongo-Angola Border Road Project
Zambia has signed a cooperation agreement with the Arab Bank for Economic Development in Africa (BADEA), securing a $50 million investment for the construction of...
Category : MINING
Kansanshi Mining Reports Robust Financial Results Despite Zambia’s Power Crisis
Kansanshi Mining, a subsidiary of First Quantum Minerals (FQM), reported impressive financial results for the first half of 2024, buoyed by higher copper prices and...
ZESCO Improves Energy Reliability Following the Resumption of Maamba Energy Operations
ZESCO has announced plans to deliver a more reliable and consistent energy supply during the scheduled load shedding hours starting Wednesday, following the full resumption...
Metso Wins €70M Contract from Barrick Gold for Equipment for Lumwana Copper Project
Metso has secured a major contract from Barrick Gold to supply critical process equipment for the Lumwana copper project in Zambia. Valued at around €70...
Barrick Unveils $2 Billion Expansion of Super Pit at Lumwana Mine in Zambia
n October 3, 2024, Zambian President Hakainde Hichilema, accompanied by his cabinet members, officially launched the development of a Super Pit at Barrick’s Lumwana copper...
Zambia Anticipates $2.3 Billion Investment from KoBold in Major Copper Mine
KoBold Metals, the Bill Gates-backed mining exploration company, is considering an investment of $2.3 billion to develop a significant new copper mine in Zambia, according...
Liebherr reflects on Zambia’s evolving role in global mining tech advances
Liebherr Zambia has celebrated its 10th anniversary, with employees travelling to the Kitwe branch to begin the proceedings with a tour of Kitwe’s office, warehouse...
Zambia Approves Plan to Establish Mineral Investment Trading Unit
The Zambian Cabinet has approved the creation of a special purpose vehicle (SPV) to boost the country’s revenue from its mineral resources, according to a...
Wide copper deposits suggest significant open-pit mining potential at Mumbezhi
Prospect Resources (ASX:PSC) has acquired an 85% stake in the Mumbezhi copper-cobalt project in Zambia for US$6.5 million, paid in cash and shares, in late...
KoBold could spend US$2.3 billion on giant copper mine in Zambia
KoBold Metals, the Bill Gates-backed mining exploration company, could spend US$2.3 billion to build a major new copper mine in Zambia, President Hakainde Hichilema said,...