Economy
Status:
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Promise

Extend the copper value chain, and promote exploration and processing of gemstones and industrial minerals

Promise History

The Zambian Government Constructing Gold Marketing Centres

The Zambian government has announced that they are building two gold marketing centers in Mumbwa and Rufunsa districts, costing K19.2 million, and they will be completed this year. He also stated that the ministry's allocation for artisanal and small-scale mining activities has increased from K52.1 million in 2023 to K131.4 million in 2024, a figure that will remain the same in 2025. The government is taking a multi-sectoral approach to support artisanal and small-scale miners, including providing access to finance.

Link iconDaily NationPublished: March 19, 2025
Zambia grants an Australian Firm a Mining Exploration License

The Zambian Government has grant Prospects Resources secured two 25-year, renewable mining licenses for its Mumbezhi copper project in Zambia. With a maiden resource of 107 mt grading 0.5% copper (515,000 tonnes), the project is set to contribute to Zambia's copper production goals, facilitating further development and investment.

Link iconDaily NationPublished: March 19, 2025
Government spends K6m on geological survey

The Zambian government, through the Ministry of Mines, has invested $6 million in a nationwide geological mapping survey, which is part of a larger $98 million budget for the initiative. As reported by Geological Survey director Gerald Mwila, the project has achieved 8% completion and is progressing on schedule. The funding and milestones reached reflect the government's commitment to understanding and managing the country's geological resources.

Link iconNews DiggersPublished: December 25, 2024
President Hichilema Commissions Kitumba Mine

President Hakainde Hichilema commissions the Sinomine Kitumba mining project in Mumbwa District, Central Province

Link iconLusaka TimesPublished: August 19, 2024
Financial advisor needed for ZCCM-IH

Zambia’s state mining investment firm Zambia Consolidated Copper Mines – Investment Holdings (ZCCM-IH) is on the lookout for a financial adviser to reform Mopani Copper Mines (MCM)

Link iconMining.comPublished: May 2, 2022

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