Zambia's Mopani Copper Mines (MCM) has suspended operations at one of its shafts following an accident in which one person was killed, the company said in a statement on Monday.
NFCA Africa Mining Plc ("NFCA") was established in March 1998 as the holding company of Chambishi Copper Mine as part of the privatization of Zambia Consolidated Copper Mines Limited ("ZCCM"). It is majority owned by China Non-ferrous Metals Company Limited ("CNMC"), which holds an 85% shareholding stake, whilst …
British multinational mining company Anglo American announced the progression of an exploration campaign for copper and cobalt in Zambia's mineral-rich …
Landlocked Zambia received some good news Monday as South African transportation firm Grindrod has committed to build a new 590 km-rail line, which will connect the country's vast copper mines ...
Since large-scale copper production began in Zambia almost 100 years ago, the industry has experienced a lot of changes in a relatively short period of time. But what does the history of mining …
Currently one of the largest copper producers in Africa, Zambia is home to some of the world's richest mines and deposits.
High global copper prices and rising demand are reigniting investment in exploration in Africa's copper hotspots, with the Democratic Republic of Congo (DRC) and Zambia both attracting significant capital funding and lesser-known producers like Uganda, where copper mining had collapsed, looking to a revival.
KoBold Zambia unites cutting-edge exploration technology and top Zambian talent to find world class deposits like Mingoma. We are proud to partner with ZCCM-IH to develop …
WEBKoBold Metals, a pioneering exploration company, has revealed the discovery of the largest copper deposits ever recorded in the history of mining in Zambia. Co …
It operates underground and open-cast mines and processing plants on a deposit with an estimated copper content of 3.8%, the highest in the world. This makes Zambia Africa's second-largest producer of copper, just behind neighbouring Democratic Republic of the Congo.
It's been a very promising year for mining in Zambia, with the sector attracting US$3.4 billion in investment commitments, doubling the pledges made in 2022. As we reflect on 2023, Mr Sokwani Chilembo, CEO of the Zambia Chamber of Mines, tells us about the investments that have been made and the projects that are already …
Canadian mining giant First Quantum Minerals (FQM) has received expressions of interest from multiple parties seeking a minority stake in its Zambian copper operations, according to a recent Bloomberg report. This development comes as FQM seeks to bolster its finances following the closure of its flagship mine in Panama. "We've …
China's engagement with African countries is growing rapidly, spanning trade, investment and development cooperation. Some observers have suggested that poor operating standards among Chinese investors may contribute to the social ills associated with extractive industries and undermine host countries' sustainable development. …
4. KoBold Metals, a California-based metals exploration company backed by billionaires Bill Gates and Jeff Bezos, said it may consider partnerships as it plans to fast-track development of a new copper mine in Zambia that could cost about $2 billion. The Silicon Valley start-up, which uses artificial intelligence to search for copper, cobalt ...
Konkola Copper Mines : Zambia's Copperbelt Leaders. Since privatisation of parastatal companies in March 2000, Konkola Copper Mines (KCM) has been able to grow its already substantial mining assets, with the help of foreign direct investment (FDI) and support from government shareholders ZCCM-IH and ZCI.
Prospect Resources has acquired the Mumbezhi Copper Project in Zambia. Firm's MD and CEO, Sam Hosack, made the announcement and said the acquisition, highlights the potential of the Nyungu deposits to become a world-class copper-cobalt mining operation.
Zambia is poised to become home to one of the world's largest copper mines, potentially ranking third globally, following a groundbreaking discovery by a startup backed by billionaire Bill Gates. Utilizing artificial intelligence to explore for essential materials crucial to the green-energy transition, San Francisco Bay Area-based KoBold …
Mufumbwe District Council Chairperson has disclosed that Euro Africa Kalengwa Mines Limited has moved on site and has commenced construction of the processing plant after it was granted a mining license to take up operations at …
Vedanta Resources Ltd. is close to taking back control of the Konkola copper mine in Zambia and plans to quickly ramp up output as demand is expected to surge in the coming years. Billionaire Anil ...
Zambia plans to directly buy and sell a portion of the copper produced in the southern African nation, competing with trading giants including Mercuria Energy Group Ltd. and Glencore Plc.
A 2023 Battery Metals report by Creamer Media anticipates global copper production to increase by an average rate of 3.2% a year between 2022 and 2031, with output rising from 2.1 million tons to 28.2 million tons per year (t/y) during the same period. In this scenario, the report states that Africa – rich in copper and cobalt among other …
Zambia, an inland country in southern Africa known for its social stability and well-developed mining industry, with mining being one of the key pillars of its economy. The abundant mineral resources, especially copper mines, have brought significant economic benefits to Zambia.
Since large-scale copper production began in Zambia almost 100 years ago, the industry has experienced a lot of changes in a relatively short period of time. But what does the history of mining output in the country look like when you take a few steps back to quantify it? Read on to learn about the historical ups and downs of copper …
Zambian, the second-largest African copper producer, hopes to rejuvenate its copper output to achieve 1 million tons by 2026.
Mineral exploration startup KoBold Metals Company will commence drilling activities at the Konkola West Copper Project in Zambia this month. The company will assess deep copper mineralization within the main ore shale, which also hosts large-scale deposits and mining projects including the Konkola and Mingomba Mines.
Gracelin Baskaran and Will Pearson discuss how Zambia can maximize copper production to address the country's debt crisis.
Anglo-American, one of the world's largest mining companies, is exploring for copper and cobalt in Zambia's North-Western province. The move signals a growing …
The miner is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, according to CEO Duncan Wanblad.
Zambia, a nation synonymous with copper, shimmers with the promise of vast mineral wealth. However, despite boasting Africa's second-largest copper reserves, the country grapples with the paradox of the "value chain curse.". This phenomenon, plaguing resource-rich nations, sees them trapped in a cycle of exporting raw materials …
