Mimosa Resources to Lead Zambian-Owned Project

The long-awaited Kashime copper mine in Mkushi District, Central Province, has officially received approval to commence mining operations this year.

The project is being spearheaded by Zambian-owned Mimosa Resources, with international mining giant First Quantum Minerals (FQM) joining in for exploration support.

$3 Million Investment Secured from Zeta Resources

In September 2024, Mimosa Resources announced a successful investment of $3 million from ASX-listed Zeta Resources for final feasibility studies.

This funding will help accelerate development efforts in the Upper Lusemfwa area, where the Kashime project is strategically located for copper extraction.

Mkushi Mayor Hails Project’s Approval

Mkushi Mayor Melson Chilemu expressed gratitude, saying the project would stimulate economic growth and employment for the district and Zambia.

He credited President Hakainde Hichilema, Chief Chitina, and community stakeholders for supporting a project delayed for more than 15 years.

Executive Chairperson Highlights Local Capacity

Mimosa Resources executive chairperson Jordan Soko praised the project as proof that Zambians can lead and manage large-scale mining operations successfully.

He promised responsible development practices that create long-term value for Mkushi communities and Zambia’s broader economy and copper ambitions.

FQM Applauds Zambian Ownership of Project

FQM Country Director Anthony Mukutuma described the initiative as aligned with their goals to see Zambia’s mining sector expand inclusively.

He commended Mimosa Resources for taking the lead in a major mining development and emphasized continued partnership and technical collaboration.

Three Million Tonne National Copper Vision

The Kashime copper mine is expected to contribute toward Zambia’s ambitious target of three million tonnes of annual copper production.

This aligns with government aspirations to revamp the mining sector as a backbone of economic stability and job creation nationwide.

Community Benefits and Infrastructure Plans

According to official statements, surrounding communities will benefit from improved infrastructure, job opportunities, and capacity-building as operations expand.

Plans also include sustainable community development programs to enhance local education, health, and enterprise systems in the Mkushi area.

Local Federation and Legal Teams Acknowledged

Mayor Chilemu extended appreciation to the Mkushi Mining Federation and Elias Chipimo Associates for their legal and technical support over the years.

He noted their relentless dedication and advocacy were crucial in helping unlock the regulatory path for the project’s authorization.

A Strategic Boost to Central Province Economy

The Kashime project is positioned to transform Central Province’s economic landscape, with long-term investment opportunities and supply chain development expected.

Small businesses in Mkushi and surrounding areas anticipate increased demand for goods and services due to rising economic activity from the mine.

Internal Link and Source Acknowledgement

Read more mining business updates in our Business Section.

Sources: Mining Weekly, Zambia Monitor, Africa Mining