What are Makor Resources' key milestones and priorities in Zambia?

We have taken a deliberate approach to building a portfolio that combines long-term exploration potential with near-term development opportunities and regional-scale consolidation. The Muli project is our long-term exploration opportunity in one of Zambia's most prospective copper regions. 

Kangili forms the foundation of Makor's broader regional development strategy in Mkushi. Rather than developing a mining operation on the Kangili licence, Makor's current focus is on establishing a centralized regional processing facility at an alternative location outside the environmentally sensitive forest reserve. The facility is intended to provide processing capacity for existing mining operations across the district, where ore production is constrained by limited processing infrastructure. This approach reflects Makor's commitment to responsible regional development, environmental stewardship, shared infrastructure, and stakeholder partnership, while remaining consistent with the company's public commitment not to undertake mining activities on the Kangili licence at this stage

How is Makor positioning itself for Zambia's mining growth?

Whether Zambia ultimately reaches that exact figure is, in many ways, secondary to the signal the target sends. Ambitious national goals create alignment between government, industry, investors, development partners and communities, providing the confidence required to attract the long-term capital, expertise and partnerships needed to build a globally competitive mining sector.

Zambia's target of producing three million tons of copper by 2031 reflects its ambition to become a leading supplier of critical minerals for the energy transition. Achieving this will require investment in exploration, infrastructure, energy, processing, skills and efficient permitting. Makor supports this vision through responsible exploration, regional consolidation and scalable processing solutions.

Our #MiningWithZambia and #MakingWithZambia philosophies emphasize collaboration with government, communities and local businesses while promoting local value addition, skills development and greater ASM participation.

How is MineHive supporting ASM formalization?

Our MineHive initiative helps formalize ASM by improving access to technical training, responsible mining practices, market information and financing. Its Hatchery program supports selected ASM operations with technical assistance and market access, while the Hubology model develops regional processing hubs, shared infrastructure and technical training.

We currently have Hubology projects being developed in Mkushi and Mufumbwe, while our Hatchery model is being implemented in Mumbwa, focused specifically on responsible gold production and reducing reliance on harmful processing practices such as mercury and cyanide.

At Mumbwa, we are developing mobile processing solutions that allow miners to process material through responsible facilities while providing greater transparency around recovery and value. This enables miners to understand the true value of their production while improving environmental and economic outcomes. MineHive is currently assessing more than 400 ASM operations across Zambia and developing an investment fund to support responsible ASM growth across Africa.

How is Makor Resources strengthening project financing?

One of the biggest barriers we have experienced is access to appropriate development capital. Makor Resources is addressing this by building partnerships with investors, infrastructure providers, technical specialists and potential offtakers that recognize the long-term value of integrated mining districts.

Many investors are understandably focused on larger-scale opportunities with defined resources and established production profiles.

However, a significant funding gap exists for companies undertaking the foundational work required to unlock new mining districts – including exploration, consolidation, infrastructure development and responsible sourcing models.

These types of companies require patient, development-oriented capital because they are not simply advancing a single asset.

They are helping build the industrial capacity that enables countries to expand production, strengthen mineral value chains and move further down the development pathway.

We believe the future of African mining will increasingly require partnership models where capital is combined with technical expertise, local participation, responsible development practices and long-term commitment.

What are Makor Resources' objectives at African Mining Week 2026?

Our message is clear: Africa holds many of the world's most important mineral resources, but unlocking that opportunity requires a new approach to resource development – one built on partnership, long-term thinking, responsible execution and shared value.

We are also committed to building a more inclusive mining sector by strengthening local supply chains, developing talent and creating formal pathways for ASM participation through MineHive.

For investors, our strategy combines disciplined capital allocation, technical expertise, local partnerships and early stakeholder engagement to reduce risk and create long-term value.

AMW aligns strongly with our long-term strategy because it brings together the entire ecosystem required to build the next generation of African mining. It provides an opportunity to engage with strategic investors, funding partners, offtakers, technology providers, governments and development organizations that share our vision for responsible and inclusive resource development.