Search results for 'Copper'
World
Zambia's Copper Exports to China: Navigating the Impact of China’s Reduced Imports
Zambia is Africa's second-largest copper producer, with the metal accounting for around 70% of its export earnings according to Reuters. China has been one of the primary markets for Zambian copper, a
Apr 14, 2023
Zambia
"Copper surplus hits 332,000 tonnes in Q1 2023, what does it mean for Zambia and other copper producers?"
According to the ICSG, world refined copper output increased by 7.5% to 6.69 million tonnes, while usage was estimated to be 2.3% higher at 6.35 million tonnes. This surplus can be attributed to a ris
May 29, 2023
Zambia
ZCCM Investments Holdings Releases 2022 Financial Update, Focus on Reviving Mopani and Pursuing New Opportunities
Mopani, ZCCM’s flagship copper mining operations, incurred a loss of ZMW5.08 billion in 2022 compared to ZMW 1.46 billion in 2021. Mopani’s smelter shutdown for 45 days hampered its copper production,
Jul 02, 2023
Climate
CEC Reports Strong Half-Year Results, Resolves Historic Issues, and Focuses on Clean Energy Integration
For the six-month period ending June 30th, 2023, CEC reported revenues of USD 186.6 million, a 2% increase from the previous year, primarily attributed to regional and local power sales growth. The co
Aug 25, 2023
Markets
De Beers' Cycle 8 Rough Diamond Sales Reflect Industry Rebalancing and Increased Marketing Investment
De Beers, a subsidiary of global mining company Anglo American, has reported a provisional figure of $200 million for the rough diamond sales value in its eighth sales cycle of 2023. This figure repre
Oct 06, 2023
Zambia
ZCCM Investments Holdings PLC Progresses in Negotiations with Vedanta: A Game-Changer for Zambia's Mining Industry
ZCCM Investments Holdings PLC (ZCCM-IH) has taken a significant step forward in negotiations with Vedanta Resources Limited, potentially reshaping the future of Konkola Copper Mines (KCM). The recent
Nov 07, 2023
Companies
Rising Copper Prices, Strategic Pivot to Aluminium: Analysing CAFCA’s Strategic Shift
The surge in global copper prices, while often interpreted as a positive indicator for mining-heavy economies, presents a significant cost burden for manufacturers like CAFCA, which rely heavily on co
Mar 14, 2025
Companies
CAFCA Grapples with Weak Sales as Global Metal Prices ,Local Competition Bite
Zimbabwe Stock Exchange–listed cable manufacturer CAFCA Limited has reported a 14% slump in sales volumes year-on-year, despite a strong quarter-on-quarter rebound of 31% in the third quarter ended 30
Aug 20, 2025
Companies
Prospect Resources Exits Zimbabwe Lithium Operations , Invests in Zambian Copper
Prospect Resources Limited, the Australia (ASX)-listed battery minerals explorer, has signed an agreement to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking its lates
Nov 05, 2025
Companies
Prospect Resources Expands Zambia Copper Footprint With 63% Resource Increase
Prospect Resources Limited, the Australia (ASX)-listed battery minerals explorer, has reported a 63% increase in total ore tonnage to 174 million tonnes, alongside a 50% rise in contained copper to 7
Feb 10, 2026
Companies
CAFCA's Q1 2026 Sales Volumes Rise 3% as Exports Surge ,Copper Demand Recovers
Zimbabwe Stock Exchange listed cable manufacturer CAFCA Limited has recorded a 3% year-on-year increase in sales volumes for the first quarter ended 31 December 2025, signalling a gradual strengthenin
Feb 20, 2026
Zambia
First Quantum Offloads Turkish Copper Mine for $340Mn, Tighten Focus on Core Assets
First Quantum Minerals, one of the world’s leading copper producers and Zambia’s single largest taxpayer in the mining sector has entered into a binding agreement to sell its Çayeli copper-zinc mine i
Mar 13, 2026
Top Stories
Padenga Controls a Fifth of Large Scale Gold, Mutapa Takes the Lead and Caledonia Slips
Padenga Holdings has consolidated its position among Zimbabwe's largest gold producers after selling 2.18 tonnes during the nine months ended September 2026, equivalent to approximately 21.6% of the c
6 hours agoFBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
19 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
19 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
20 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
20 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
1 day agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
1 day agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
