LUSAKA – ZCCM Investments Holdings Plc (LUSE: ZCCM-IH) has notified its shareholders and the public about ongoing confidential arbitration proceedings initiated by Trafigura Pte Limited. The arbitration, filed under the London Court of International Arbitration (LCIA) Rules 2020 on February 24, 2024, follows a payment demand issued by Trafigura onContinue Reading
The Zambian government has praised First Quantum Minerals (FQM) for its continued efforts to advance gender equality within the mining sector, ensuring women and girls have equal opportunities to contribute to the nation’s economic growth. During the 2025 International Women’s Day celebrations, themed “For All Women and Girls: Rights. Equality.Continue Reading
Zambia has launched The Zambezi Minute, an ambitious initiative aimed at capitalizing on global demand for critical minerals while ensuring jobs, revenue, and sustainability for its citizens. A New Approach to Investment & Growth With a streamlined regulatory system, every policy will be assessed by a single guiding question: “DoesContinue Reading
Desiderius Chapewa, Chief Geologist for Regional Mapping at the Geological Survey Department, has outlined key challenges in Zambia’s mining exploration sector, emphasizing the need for regulatory reforms to support growth and sustainability. Speaking at the recent AZMEC Forum in Kitwe during an interview with Copperbelt Katanga Mining, Mr. Chapewa stressedContinue Reading
Zambia has secured $120 million in funding from the World Bank’s Digital Development Partnership to accelerate its Digital Public Infrastructure (DPI) agenda, Minister of Science and Technology Felix Mutati announced. Speaking at the Global Digital Summit in Washington, D.C., Mutati emphasized that the funding will drive advancements in artificial intelligenceContinue Reading
China Civil Engineering Construction Corporation (CCECC) has committed over $1.4 billion to modernizing the Tanzania-Zambia Railway (TAZARA), a crucial transport link for Zambia’s copper exports to Tanzania’s largest port. TAZARA serves as a key corridor for transporting copper and cobalt from Central Africa, providing an alternative to South Africa’s congestedContinue Reading
A catastrophic waste spill from a Chinese-owned copper mine in Zambia has triggered an environmental and public health emergency, with authorities warning of severe long-term damage to the Kafue River, the country’s most critical water source. 50 Million Liters of Toxic Waste Contaminate Key Waterway An investigation by the EngineeringContinue Reading
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
