The country will re-advertise the repossessed licenses in the coming weeks and reallocate them to investors capable of fast-tracking exploration and mine development.

In an interview with AMW, Chadukwa explained that the government's actions are part of a comprehensive compliance monitoring campaign aimed at ensuring mining operators contribute to Zambia's ambitious goal of producing 3 million tons of copper per year by 2031.

“Some license holders acquire mining rights for speculative purposes. However, achieving a target as substantial as 3 million tons annually requires active operations, increased production and the availability of mining areas,” stated Chadukwa.

The campaign seeks to evaluate ongoing exploration and production activities, ensuring that license holders adhere to their obligations, contribute to local community development and support Zambia’s broader economic growth.

Chadukwa said the country is conducting high-resolution geophysical surveys to map the country’s geology, identify new mineral deposits and enhance resource development, as part of the 3 million tons per annum goal.

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