Zambia’s capital markets could see a significant increase in initial public offerings (IPOs), with companies potentially raising up to $1 billion on the Lusaka Securities Exchange (LuSE) as strong copper prices boost investor interest. The LuSE expects the potential IPO pipeline to mark an unprecedented level of activity for theContinue Reading
FQM Partners with Five Banks to Improve Financing Access for Zambian Mining Suppliers First Quantum Minerals (FQM) has partnered with five commercial banks to improve access to financing for Zambian-owned companies supplying goods and services to the mining industry. The initiative has been welcomed by the Association of Mine SuppliersContinue Reading
As Zambia heads towards the August 13 general elections, the country’s mining industry is calling for policies that can accelerate investment and help deliver its ambitious target of producing 3 million tonnes of copper annually by 2031. Mining companies and industry stakeholders are seeking stronger incentives for mineral processing, renewedContinue Reading
A prominent South African industrial group, working under contract at a Zambian gold mine, secured 45 Lincoln P203 8 KG progressive systems from SKF for leading brand mobile machines to ensure reliable performance for their end‑user customer. Mining operations rely on these machines for uninterrupted, reliable performance to safeguard uptime andContinue Reading
Aim-listed Firering Strategic Minerals has begun hot commissioning Kiln 3 at its Limeco quicklime project in Zambia following the completion of planned refurbishment works, marking further progress toward expanding commercial production. With three kilns now operating, Firering said the project is moving beyond break-even production and is positioned to becomeContinue Reading
Zambia Targets Increased Local Participation in Mining Sector as Government Pushes for Greater Economic Benefits President Hakainde Hichilema’s government is working to increase local participation in Zambia’s mining sector from 20% to 40% as part of efforts to ensure more benefits from mining reach Zambian businesses and communities. The governmentContinue Reading
Every major infrastructure cycle in modern history has been defined by a single commodity bottleneck. In the current energy transition, that bottleneck is copper. While lithium and rare earth elements command headlines, copper underpins every component of the low-carbon economy at a scale those metals cannot match. A single electricContinue Reading
Xtract Resources has announced the start of initial production at its Silverking copper-silver project in Zambia, marking an important milestone as the operation transitions from development into early-stage production. The project, which is being advanced in partnership with Oval Mining, has begun processing mixed oxide and sulphide ore through itsContinue Reading
Tazama Pipelines Limited has declared a dividend of more than K120 million to the Government of Zambia, reflecting strong financial performance for the reporting period. Board Chairperson Professor Ephraim Munshifwa announced that the Government of Tanzania will also receive over K60.1 million in dividends, underscoring the cross-border nature of theContinue Reading
Australian mining company Atomic Eagle has reported encouraging drilling results from the Chisebuka deposit at its wholly owned Muntanga Uranium Project in Zambia, extending known uranium mineralisation and identifying new higher-grade zones. The latest drilling programme has expanded the northern higher-grade mineralised zone to approximately 900 m by 600 m,Continue Reading
