Zambia’s copper industry is gaining renewed strategic importance as global demand for the metal strengthens, highlighted by BHP’s copper earnings reaching $18.2 billion and copper increasingly challenging iron ore as a key growth commodity. The development is significant for Zambia, Africa’s second-largest copper producer, as the country seeks to expandContinue 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
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
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
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
In many parts of Africa, mining remains a frontier sector, frequently arriving as the first large-scale investment in remote or underdeveloped regions; its impact, however, extends far beyond extraction. According to Vis Reddy, chairman of SRK Consulting (South Africa) and global Africa lead, mining companies have been the pioneers inContinue Reading
