Mitsui & Co. outbids Manara Minerals for stake in First Quantum’s Zambian copper mines
Mitsui & Co., a major Japanese trading house, has emerged as the highest bidder for a stake in First Quantum Minerals’ copper mines in Zambia,...
Tag : zambia
China launches $5 billion mining initiative in Zambia to boost copper production
China has officially launched the Chinese Mining Enterprise Association in Zambia (CMEAZ), a major initiative aimed at investing $5 billion into Zambia’s mining sector by...
Zambia’s new mining strategy: Government to secure 30% stake in future critical mineral projects
Zambia’s new mining strategy, which mandates a minimum 30% government stake in future critical minerals projects, will not impact existing mining operations or exploration activities,...
Saudi Arabia’s Ma’aden nears deal for copper mine stake in Zambia
Saudi Arabia is in advanced discussions to acquire a stake in a copper mine in Zambia, with expectations of finalizing a deal by the end...
Saudi Arabia’s Manara Minerals eyes stake in First Quantum’s Zambian copper and nickel assets
Saudi Arabia’s Manara Minerals is nearing a deal to acquire a minority stake in Canadian miner First Quantum Minerals’ Zambian copper and nickel assets, sources...
Patriot Lithium expands into Africa with copper acquisition
Battery metals explorer Patriot Lithium is broadening its focus by venturing into Africa to secure valuable copper resources that could enhance its portfolio. The Australian...
Jubilee Metals Group expands copper strategy in Zambia with Project G acquisition
Jubilee Metals Group, a diversified metals producer operating in Zambia and South Africa, has updated its Copper Strategy in Zambia, aiming for an initial production...
Barrick Gold begins development of Lumwana super pit in Zambia ahead of $2 billion expansion
Barrick Gold has announced the initiation of the Lumwana super pit development, paving the way for a $2 billion (C$2.71 billion) expansion pending a final...
Jubilee Metals shares rise after positive update on Zambian copper projects
Shares in Jubilee Metals surged over 4% in early trading on Monday following an update on its copper projects in Zambia. The company, which operates...
Zambia turns to South African power amid energy crisis and drought
Zambia’s largest mining companies are turning to an unexpected power source as the copper-producing nation faces an unprecedented energy crisis: South African utility Eskom Holdings...