On Thursday, the Democratic Republic of Congo (DRC) and Zambia formalized a cooperation agreement aimed at easing cross-border trade within the Southern African Development Community (SADC). Ministers from both nations convened to discuss a collaborative framework and action plan designed to address persistent challenges encountered by transporters. Peter Kazadi, theContinue Reading
Jubilee Metals, a diversified metals processor focusing on Zambia and South Africa, has finalized the construction of a new front-end modular unit capable of processing 50,000 tons per month at its Roan copper processing facility in Zambia. Designed by the Jubilee Technical Services team in South Africa and shipped toContinue Reading
A senior White House official highlighted the importance of promoting mining projects in countries like the Democratic Republic of Congo (DRC) and Zambia. This is crucial for securing a stable global supply of critical minerals needed to combat climate change. Amos Hochstein, White House senior adviser for energy and investment,Continue Reading
Mingomba Mining Limited, a joint venture between KoBold Metals and ZCCM Investments Holdings Plc, has publicly declared the selection of Mr. Kalimina Mwinga PMP for the position of Project Control Manager and Mr. Fanuel K Banda, P.E., PMP as Chief Mining Engineer. Both Mr. Mwinga and Mr. Banda bring withContinue Reading
The United Nations Development Programme (UNDP) has unveiled its intention to establish a Mining Technology (MinTech) hub in Zambia, with an investment exceeding K160 million. This initiative, disclosed during the Timbuktoo Retreat Strategy in Cape Town, South Africa, aims to foster innovation and collaboration within Zambia’s mining sector, leveraging technologyContinue Reading
During his visit to Solwezi Airport, President Hakainde Hichilema assured the residents of North Western Province of his government’s commitment to opening more mines in the region. Highlighting the potential for development, President Hichilema emphasized the importance of reopening mines such as Kasenseli and Kalengwa, which could significantly benefit theContinue Reading
Anglo American has rebuffed BHP Group’s $39 billion takeover bid, deeming it significantly undervalued. BHP, with a deadline of May 22 to make a binding offer, is expected to revise its bid to secure a deal that would create the world’s largest copper miner, a crucial player in the cleanContinue Reading
Wealthy Gulf countries are racing against China, Europe and the United States for minerals critical to powering the global green transition. The United Arab Emirates is increasing its push to acquire African mineral resources, scrambling against China, Saudi Arabia and others to secure contracts. Its latest foray is in Zambia,Continue Reading
Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, in collaboration with Cooperlemon Consultancy, aimed at acquiring up to a 70% stake in Zambia’s Silverking copper mine and its associated exploration license. The initial option period spans 18 months, during which Xtract is obligated to invest $500,000Continue Reading
Zambia’s mining industry is experiencing a transformative phase, propelled by policy changes, targeted investments, and exploration endeavors to tap into the nation’s abundant mineral resources. Copper and emeralds represent 70% and 20% of Zambia’s export revenues respectively, leading the government to prioritize mining advancements for economic growth. Mopani Acquisition CompletedContinue Reading
