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Vedanta's Konkola Copper Mines plans a $317m, 300MW coal-fired power plant in southern Zambia, as President Hakainde Hichilema presses the company to accelerate investment to support copper growth.
Tharisa priced a $300m, five-year bond on 11 September 2026 through its Arxo Finance subsidiary to complete construction of the Karo Platinum project in Zimbabwe, targeting first ore to the mill in late 2027.
Zambia exported 446,100t of refined copper in the first half of 2026, up 7.4%, while national mine production grew only 0.45% to 447,200t, official and company data show.
Pan African Resources has completed a definitive feasibility study on its Soweto Cluster tailings retreatment project, pricing it at R3.68bn and pencilling in a final investment decision for December 2026.
The Zimbabwe Anti-Corruption Commission has arrested a director of Orequest over an alleged scheme to smuggle more than 720 tonnes of raw lithium ore to Mozambique using fraudulent export papers.
Uranium spot prices, which touched about $101 a pound in January 2026 before settling near $84-$90, remain high enough to support producing African mines but still leave some greenfield projects waiting on the sidelines.
