LIVE
πŸ”΄ POLITICS: Zambia heads to the polls β€” August 2026 General ElectionπŸ“Š ECONOMY: Zambian Kwacha β€” latest exchange rates and market updatesπŸ›οΈ INSTITUTIONS: ECZ announces 70 new constituencies for 2026 elections
The Zambian People's Pulse

THE ZAMBIAN
PEOPLE'S PULSE

ECONOMY85% Verified

Shuka Minerals drilling contractor appointed at Kabwe drilling

β€’ECONOMY
β€’
β€’

Share this article

Listen to Story

Click play to have this article read aloud

Shuka Minerals drilling contractor appointed at Kabwe drilling

Shuka Minerals Plc, an African-focused mine operator, has appointed Ox Drilling Limited as the drilling contractor for the Phase 1 drilling program at the Kabwe Zinc Mine in Zambia. The program, scheduled to begin in mid-May 2026, will involve approximately 2,000 meters of diamond drilling targeting known mineralized zones around and beneath previous workings at depths of 100-500 meters. This initial phase, supported by geological consultants GeoQuest Limited, will provide data to finalize locations for a broader 10,000-meter Phase 2 program and a subsequent JORC resource and reserves upgrade later in 2026. This marks the first resource drilling at Kabwe since the 1970s. The company's objective for its 2026 exploration program is to achieve a 50% increase to the existing resource of 6.8Mt at 13.3% Zinc and 3.3% Lead, valued at an estimated US$4 billion. The program also aims to better understand the concentrations and metallurgy of Silver, Vanadium, Germanium, and Gallium as by-products.

No content available.

Stay informed β€” join our WhatsApp Channel

Get breaking Zambian news, political analysis, and daily briefings from The Zambian People's Pulse β€” straight to your WhatsApp.

Join our WhatsApp Channel

Related Articles

Is Zambia Becoming a Nation of Borrowers? Financial Inclusion Hits 80%
ECONOMY

Is Zambia Becoming a Nation of Borrowers? Financial Inclusion Hits 80%

For the first time, four out of five Zambians can save, borrow, or send money without stepping inside a traditional bank. According to the...

Congo, Zambia move to implement Simplified Trade Regime
ECONOMY

Congo, Zambia move to implement Simplified Trade Regime

Zambia and the Democratic Republic of Congo (DRC) are accelerating efforts to implement the Simplified Trade Regime (STR). This initiative aims to streamline clearance procedures for small-scale cross-border traders, ensuring they benefit from preferential trade rates. The Ministry of Commerce, Trade and Industry, through its Principal Public Relations Officer Everness Nankala, confirmed that the two nations are operationalizing this transformative trade facilitation instrument. The STR is specifically designed to empower small-scale traders, with a particular focus on women and youth. After more than seven years of bilateral engagement and negotiations, both governments view the STR as a crucial driver for economic empowerment and improved trade relations between the two countries.

Zambia: Utility commissions solar PV plant
ECONOMY

Zambia: Utility commissions solar PV plant

The state-owned utility, Zambia Electricity Supply Company (Zesco), has officially commissioned a new utility-scale solar photovoltaic (PV) plant. This development is located in the westernmost province of Zambia. This initiative marks a step towards diversifying Zambia's energy grid, which has historically been heavily reliant on hydropower. The commissioning of this plant contributes to the country's efforts to expand its power generation capacity and integrate more renewable energy sources.

Reader Comments

Share Your Thoughts

No comments yet. Be the first to share your thoughts!