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Here’s What We Do Know About Copper in Zambia

1. Zambia’s Copperbelt & Mining Landscape

  • Zambia lies within the globally significant African Copperbelt, part of the Lufilian Arc, characterized by high-grade copper and cobalt-rich deposits WikipediaEnergy Capital & Power.
  • Major mines there include:
    • Sentinel (First Quantum Minerals): a large open-pit mine in North-Western Province.
    • Kansanshi (First Quantum & ZCCM): one of Africa’s largest by production.
    • Lumwana (Barrick Gold): one of the continent’s largest reserves Energy Capital & PowerWikipedia.
    • Others include Konkola, Lubambe, Mopani, and Muliashi Energy Capital & Power.

2. Exploration Projects & Recent Activity

  • Castillo Copper is advancing the Mkushi and Luanshya projects, both situated within Zambia’s Copperbelt, with promising geochemical and drilling results Castillo Copper.
  • Koryx Copper holds exploration licences across central Copperbelt territories, spotting multiple copper and cobalt anomalies Koryx Copper.
  • Central Copper Resources has the advanced exploration Lunga Project—situated close to high-grade deposits and possibly a future low-CAPEX early-production target Central Copper.

3. Environmental Incident & Global Context

  • In February 2025, a tailings dam collapse at a Chinese-owned copper mine (Sino‑Metals Leach Zambia) released ~50 million liters of acidic, toxic waste into the Kafue River—resulting in massive ecological damage and water shortages for hundreds of thousands AP NewsWikipedia.
  • The U.S. Embassy subsequently ordered evacuation of personnel from affected regions, underlining ongoing risks AP News.
  • Meanwhile, India has dispatched geologists to explore 9,000 sq km in Zambia for copper and cobalt, part of a broader strategy to secure critical minerals Reuters.
  • Zambia aims to surpass 1 million metric tons of copper output by 2026, supported by expansions from First Quantum and Barrick Gold; overall GDP growth is projected to accelerate via mining and agriculture Reuters+1.

Summary Table

Category Key Insights
“Copper Ridge” Status No evidence it’s a formal project or location in Zambia’s copper sector.
Established Mines Sentinel, Kansanshi, Lumwana, Konkola, Lubambe, Mopani, Muliashi, etc.
Exploration Projects Mkushi, Luanshya (Castillo); Koryx’s Copperbelt licences; Lunga (Central Copper).
Environmental Events Catastrophic tailings dam failure impacting the Kafue River ecosystem.
Strategic Moves India’s geomapping mission; government-led mine investment strategi
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Paul began his career at the Australian Securities Exchange before moving into senior finance roles at Morgan Stanley, JP Morgan, and Barclays Capital. For the past six years, he has been active in digital assets with Tokenise, Realize, and the Truth Foundation, combining financial discipline with blockchain innovation.

Jonathan is a mining executive with nearly three decades of board and leadership experience. He has led companies across capital markets, project financing, and ESG reporting, including serving as CEO of Gabriel Resources and senior roles at Avocet Mining. He was also Non-Executive Chair of Giyani Metals and Executive Chair of Ormonde Mining. Jonathan brings deep credibility, networks, and experience in advancing projects to production.

Ian Freeman is a seasoned digital leader with over two decades of C-suite experience building and scaling breakthrough technology businesses across emerging markets. As part of the team that took Kambi public in 2014 (now valued at $500M+), Ian has proven expertise in regulated markets, scaling digital platforms globally, and delivering shareholder value. He now leads Minestarters in building the world’s premier tokenized mining investment platform.

Marcel is a mining entrepreneur with over two decades in the junior mining space, co-founder of Moxico Resources PLC (valuation $1 billion), and founder of Minestarters Token. He has worked extensively in Africa, Asia, and Europe, building new mining ventures from zero to multi-million-dollar valuations. His vision for Minestarters is to revolutionize mining finance through tokenization, spreading investor risk across diversified exploration and development projects while delivering liquidity via Web3.