Latest Zambia News

Atomic Eagle Limited has announced a substantial uranium exploration target at its Muntanga Project in Zambia, supported by promising drilling results that suggest significant resource expansion potential.

Lotus Resources reports steady progress at its Kayelekera uranium mine despite supply challenges, while its Letlhakane project shows promising metallurgical advances. The company targets full production and first shipments in the second quarter of 2026.

Fluence Corporation Limited has reported a robust FY 2025 with a 52.3% revenue increase and record new orders, driven by a strategic pivot to higher-margin Smart Product Solutions and recurring revenue streams.

Globe Metals & Mining has officially started construction at its fully permitted Kanyika Niobium Project in Malawi, marking a key shift from planning to execution with first oxide production targeted for early 2028.

Patriot Resources has secured a binding agreement to acquire the high-grade Tassa Silver-Gold deposit in Peru and completed an oversubscribed $4.25 million capital raising to fund exploration and acquisitions across its portfolio.

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

Atomic Eagle Limited has reported significant shallow uranium mineralisation from its maiden drilling at Muntanga East in Zambia, with a maiden resource estimate expected later this quarter. The results highlight potential for low-strip open-pit mining and support the company’s broader growth ambitions.

Wia Gold has appointed mining veteran Henk Diederichs as Managing Director and CEO, signaling a strategic shift as the Kokoseb Gold Project in Namibia moves toward a Definitive Feasibility Study.

Atomic Eagle Limited has completed a 69-hole drilling program at its Chisebuka target in Zambia, revealing extensive shallow uranium mineralisation and setting the stage for a major resource upgrade across the Muntanga Project.

Prospect Resources has confirmed significant gold by-product mineralisation at its Nyungu Central deposit, potentially boosting the economics of the Mumbezhi Copper Project in Zambia. Updated resource estimates incorporating these findings are expected in Q1 2026.

Patriot Resources has reported significant silver and gold assay results from its Phase 1 trenching at Target B1 in Zambia, confirming the presence of a near-surface polymetallic system. These findings, alongside geophysical anomalies, set the stage for expanded exploration activities.

Lotus Resources has achieved a key milestone at its Kayelekera Uranium Mine with the first high-grade ore delivered to the ROM pad, setting the stage for steady-state production targeted in early 2026. The company has also secured multiple sulphuric acid suppliers and is on track to commission its acid plant to ease supply constraints and reduce costs.