Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Environment
    • Community Development
    • Renewable Energy
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Zambia bolsters copper exploration ahead of 2031 target

    Zambia bolsters copper exploration ahead of 2031 target

    April 2, 2025
    Share
    Facebook Twitter LinkedIn WhatsApp
    *KoBold Metals unveils monumental copper discovery in Zambia.

    Cape Town, South Africa — Zambia has launched a series of strategic initiatives in 2025 to accelerate copper drilling and meet its target of producing 3.1 million tons per annum by 2031. In February 2025, the country introduced the Zambia Integrated Mining Information System, a digital platform designed to enhance efficiency and transparency in mining license management. The system is expected to streamline the approval process and help Zambia attract more investors and fast-track exploration.

    In line with efforts by Zambia to enhance copper exploration, the upcoming African Mining Wee conference and exhibition, taking place from October 1-3 in Cape Town, will provide a platform to showcase lucrative investment opportunities within the country’s upstream industry.

    Government Programs
    To create a more conducive environment for copper drilling, Zambia is implementing several government-led initiatives. In February 2025, the country announced a non-compliance monitoring project, which led to the repossession of over 1,000 mining licenses in 2024 alone.

    These licenses are now being reallocated to new investors to accelerate exploration efforts and help achieve its 2031 production goal. Zambia has also recorded a 79% increase in mining licenses granted in 2024 compared to 2023, according to the Ministry of Mines and Minerals Development.

    The government – in partnership with the Geological Survey of Finland – is implementing a nationwide high-resolution aerial geophysical survey to map mineral resources and open new exploration basins. Additionally, the government established the Zambia Minerals Investment Corporation Limited, a special-purpose vehicle to facilitate joint venture investments in exploration, production and mineral processing.

    On January 16, 2025, the country signed a cooperation agreement with Saudi Arabia to facilitate human capital development, technology transfer and investments in copper exploration and production. The government has also played a key role in reopening previously inactive mining operations, including Mopani and Konkola Copper Mines, unlocking new opportunities for exploration.

    Private Sector Contributions
    Private sector players are also contributing to Zambia’s copper drilling expansion agenda. In January 2025, Barrick Gold announced its plans to utilize a new exploration license in northern Zambia and continue drilling at Lumwana as part of its commitment to Zambia’s 2031 production goal.

    The UK-based Jubilee Metals Group is undertaking several drilling projects to support growth at its Roan and Sable Refinery sites, while Handa Resources, a joint venture between Arc Minerals and Anglo American, began drilling across three newly approved licenses in Zambia in January 2025.

    As Africa’s premier mining investment platform, African Mining Week will bring together key stakeholders, government officials and global investors to discuss and optimize opportunities within Zambia’s copper exploration and production industry.

    Related News

    Niger cracks down on illegal mining, shuts six processing sites

    EFCC uncovers N4.4bn gold smuggling ring in Kano

    FG launches EMERGE to accelerate mining investment, mineral processing

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Resurgent piracy and grey-zone pressure reshape maritime risk

    June 16, 2026

    Oil drops about 4% to three-month low as markets weigh US-Iran deal

    June 16, 2026

    NCDMB, Chevron, Bristow begin pilot training

    June 16, 2026

    Angola’s state oil firm secures $2.65bn financing from foreign lenders

    June 16, 2026

    ‘People of the South-South region expect impact, not excuses’ – Nwuche

    June 16, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.