Category: Copper
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🇿🇲 Zambia’s Copper Mine Disaster: A Catastrophe for Communities, Environment, and Accountability
Date: August 30, 2025Author: Pan African News Blog Team In February 2025, a catastrophic environmental disaster struck Zambia’s Copperbelt Province when a tailings dam at the Sino-Metals Leach Zambia mine collapsed, releasing millions of liters of toxic waste into the Kafue River system . This incident, now regarded as one of the worst mining disasters…
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Zambia’s Copper Wealth: The Exploitation by Multinational Giant Glencore
Zambia, a landlocked country nestled in the heart of Africa, is home to one of the world’s largest copper reserves. Known as “the Copperbelt,” the region has historically attracted international attention for its rich mineral resources, positioning Zambia as a crucial player in the global copper market. However, beneath the surface of this wealth lies…
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South Africa’s company to start mining copper in Australia by 2028
Harmony Gold is targeting its first copper production from the Eva Copper project in Queensland, Australia, by 2028. Alongside this, Harmony has reported a 132% surge in headline earnings, with a record 12.7 billion rand ($715.2 million) in operating free cash flows. Despite this financial success and the announcement of a dividend increase, the company’s…
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Artificial Intelligence Sparks Copper-Boom In Zambia
Zambia’s copper mining industry is on the brink of a major transformation thanks to groundbreaking AI technology that has uncovered massive new copper deposits. This discovery, led by KoBold Metals, could make Zambia a key player in the global surge for copper, vital for electric vehicles and renewable energy. With potential production to fuel millions…
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Zambia aims for copper boom: 40% production increase by 2027
Zambia, Africa’s second-largest copper producer, is expected to increase its copper production by 40% to one million tonnes by 2027, up from 700,000 tons in 2023. This ambitious target is outlined in Zambia’s Medium-Term Budget Plan for 2025-2027 and will be achieved through a multi-pronged strategy. This includes addressing issues at major mines, initiating production…
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Copper bull market buoyed by aging legacy mines, says analyst
In the copper industry, the cost of capital has been too high to justify the returns for mine investors and is the driving force behind the bull market for the past decade — this is a sentiment shared by analysts at Stifel Financial. “Broadly for larger projects, that’s what I’m seeing in the copper space…
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Vedanta set to regain control of Zambia copper mine
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 Agarwal’s firm is ready to pay $250 million to settle debts owed by the mine to get access to the…
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