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Zambia: Climate Change Action Could Set Off a Copper Mining Boom - How Zambia Can Make the Most of It
The Conversation Africa, 8 January 2023
At last year's US Africa leaders summit in Washington the US signed an historic memorandum of understanding with Zambia and the Democratic Republic of Congo to develop an electric… Read more »
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Zambia: Zambia to Make Further Cuts to Copper Mining Royalties
The Exchange, 5 October 2022
The omens are good, with Zambia enjoying an abundance of goodwill from the international community and President Hakainde Hichilema acknowledged as a pragmatic economic custodian. Read more »
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Zambia: Copper Gives Zambian Kwacha's Muscle Against the Us Dollar
The Exchange, 2 January 2022
Copper increased the 2021 trade surplus to 73.4 billion kwacha (US$4.4 billion) as of November 2021, a 76 per cent increase over the previous year. Read more »
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Zambia: Reforming Zambia's Mines Needs More Change and Support
Chatham House, 23 May 2022
The call to action for the mining sector must be supported by continued improvements to the domestic operating environment and bring along regional partners. Read more »
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Zambia: 'New Dawn' Mining Policy Excites Mopani
Times of Zambia, 17 May 2022
MOPANI Copper Mines (MCM) Plc is excited with the Government's current policy direction in the mining sector which seeks to stir growth. Read more »
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Zambia: Govt Takes Over Copper Mining Firm
DW, 12 March 2021
The Zambian government has taken over operations at a major copper mining company in what is seen as a move towards increasing its direct control of the key mining sector.… Read more »
Climate Change Action Could Set Off Copper Mining Boom in Zambia
At last year's U.S. Africa Leaders Summit in Washington, the U.S. signed an historic memorandum of understanding with Zambia and the Democratic Republic of Congo to develop an electric vehicle battery supply chain. At the summit, Zambian President Hakainde Hichilema also announced that Kobold metals, an exploration firm backed by billionaires Bill Gates, Jeff Bezos and Richard Branson, will invest US$150 million to develop a new mine in Zambia.
Zambia is particularly well positioned to supply what the world needs. It has substantial reserves of copper and cobalt, critical metals for the transition from fossil fuels to renewable energy. Due to their broad uses in wind and solar powered technology and electric vehicle production, these metals will play a crucial role in a low carbon future, write Twivwe Siwale and Eric Werker for The Conversation Africa.
Copper mining is crucial to the Zambian economy and is responsible for three-quarters of Zambia's export earnings. But while financial markets have celebrated such steps, many poor Zambians say they have yet to see the benefits.
InFocus
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Six years ago, Zambian villagers brought a legal claim against UK mining firms, Vendanta Resources Limited and Kokola Copper Mines. The claim focused on the toxic discharge from ... Read more »
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The country aims to produce 1,5 million tonnes per year and become the world's fifth top copper producer by 2015 on the back of increased foreign investment. Read more »
