A world class mining jurisdiction governed by a strong mining code. Copper has historically been Zambia’s largest export and continues to be to this day. The country is home to the ‘Copper Belt’ deposits which are mined by some of the world’s most prolific mining institutions.
Zambia overview
Background
Operating environment
- Zambia is Africa’s second-largest producer of copper after the Democratic Republic of Congo
- Mining accounts for c.10% of Zambia’s GDP and >70% of total export value
- The sector is a significant source of government revenue and formal employment, both directly and indirectly
- The country is an attractive place for investment due to favourable geology, its long history of mining and its political stability
- Continuing to attract investment in the sector is crucial to the country’s growth
