FOR IMMEDIATE RELEASE
APRIL 17, 2025
LONG-AWAITED KASHIME COPPER MINE IN MKUSHI GETS GREEN LIGHT FOR DEVELOPMENT
MKUSHI, ZAMBIA – After more than 15 years of anticipation, the Kashime Copper Mine project, located in the Upper Lusemfwa area of Mkushi District, has officially received authorisation to commence mining operations. The milestone marks a significant step forward for Zambia’s mining sector.
The project is primarily being developed by Zambian-owned Mimosa Resources, while FQM has committed to finance and conduct further exploration within the licence area.
In September 2024, Mimosa Resources announced that it had attracted an initial US$3 million investment from Australian Stock Exchange-listed Zeta Resources to fund final feasibility studies and preparatory development work at the Central Province site.
Commenting on the new development, Mkushi Mayor, Melson Chilemu, expressed relief and gratitude on the progress made, and that the project will pave the way for jobs and economic growth for both the local and national economy.
“On behalf of the people of Mkushi and the country at large, I would like to thank His Excellency the President of Zambia, Mr Hakainde Hichilema, for once again hearing our cry. This authorisation, achieved after over 15 years of struggle, is a testament to perseverance. Our sincere gratitude also extends to His Royal Highness Chief Chitina, Mimosa Resources, the Mkushi Mining Federation, Elias Chipimo Associates, and all those who stood with us to make this dream come true. It was not an easy path, but this approval heralds more business, more jobs, and more opportunities for our people,” he said.
Mimosa Resources Executive Chairman, Jordan Soko, said the Kashime project represented proof of the ability of Zambians to own and develop mining operations and contribute to the country’s economic and social development.
“We look forward to developing this resource responsibly, creating value for the local communities in Mkushi, and contributing significantly to Zambia’s goal of increasing copper production. This project represents a shared vision for growth and opportunity in the mining sector,” Mr Soko said.
FQM Country Director Anthony Mukutuma, said “the Kashime project aligns with FQM’s goals, of seeing the mining sector grow and it is gratifying to see a Zambian owned mining company taking the lead in developing a project of this magnitude.”
The development of the Kashime mine and processing complex will have wider developmental benefits for the communities around the mine, Mkushi town, and across Zambia, as it contributes to the national aspiration of 3 million tonnes of copper production per year in the medium term.
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About Mimosa Resources Limited
Mimosa Resources is a dynamic mining and metals development company founded by a group of Zambian mining and business professionals with extensive local and international experience in the sector. The company’s ethos is to build a team of Zambian professionals who are world-class at project identification, financing, development and operations.
This is part of a larger vision that anticipates more projects becoming available for joint ventures or acquisition within Zambia, particularly with other Zambian-owned mining entities.
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