Market Update On The Incorporation Of Kyalo Goldfields Limited

ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) wishes to inform its Shareholders and the market that, further to the transaction announcement dated 19 December 2025 regarding the Memorandum of Understanding (“MOU”) with the Ministry of Mines and Mineral Development (“MOMMD”) and Mining Mineral Resources SAS (“MMR”) for the development of a gold exploration and mining project in the Kikonge area of Mufumbwe District, North Western Province(“the Project”), the parties have successfully incorporated a Special Purpose Vehicle (“SPV”) named Kyalo Goldfields Limited (“KGL” or “the Company”) on 6th May 2026.

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The Dawn of Zambia’s AI-Powered Mining Era

Publication date: 29 April 2026

On Wednesday, 29 April 2026, President Hakainde Hichilema officially launched shaft sinking at the Mingomba Mine in Chililabombwe a high-tech partnership between ZCCM-IH and KoBold Metals. This project stands out for its revolutionary use of artificial intelligence to accelerate copper discovery, signalling a significant boost in investor confidence and a bold technological leap for Zambia’s mineral sector. More than just a mining site, Mingomba is a major engine for economic growth and local empowerment.  

ZCCM-IH Chairperson Phesto Musonda highlighted that the project is designed to create jobs and build wealth for the people of Chililabombwe. By focusing on inclusive prosperity, the initiative ensures that Zambia’s natural resources deliver direct social and economic benefits to its citizens. This milestone is a key pillar in the national goal to produce 3 million metric tonnes of copper annually by 2030. By strengthening Zambia’s role in the global critical minerals market and supporting local businesses, ZCCM-IH is positioning the country as a sustainable mining leader. 

Further Cautionary Announcement

Confidential Arbitration Proceedings between Trafigura Pte Limited (“Trafigura”) and ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”)

Further to the cautionary announcement dated 31 March 2025 issued by ZCCM-IH in relation to arbitration proceedings instituted by Trafigura in February 2024 under the London Court of International Arbitration Rules 2020, ZCCM-IH announces that it has received a copy of the Partial Final Award from the Tribunal dated 16 December 2025 (the “Award”).

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Pre-Qualification Documents – Diamond Drilling (Exploration) Works And Airborne/Ground Geophysical

Downloads are exclusively available to bidders who have successfully completed the required registration and payment processes.

Market Announcement Change In Directorate

In compliance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) wishes to inform its shareholders and the market that effective 2nd March 2026, and in accordance with Article 15.4 of the Companies Articles of Association, the Ministry of Finance, together with the National Pension Scheme Authority (NAPSA), have appointed Ms. Abigail Ngosa as Non-Executive Director on the Board of ZCCM-IH.

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Driving Responsible Gold Mining Through Strategic Partnerships

Publication date: 17 March 2026

On 17 March 2026, ZCCM Investments Holdings Plc (ZCCM-IH) signed a Memorandum of Understanding (MoU) with the planetGOLD Zambia Project, advancing efforts to transform the artisanal and small-scale gold mining (ASM) sector. 

The partnership brings together Government, industry and cooperating partners to promote formalisation, mercury-free processing and sustainable growth, while strengthening traceability, improving market access and ensuring greater value for artisanal miners. 

Speaking at the ceremony, ZCCM-IH Chief Executive Officer Mr Kakenenwa Muyangwa reaffirmed the Company’s role as a market enabler and off-taker, promoting transparent trade, fair pricing and value retention within Zambia. 

Ms Abigail Mwailenge, National Project Manager for planetGOLD Zambia, highlighted the focus on improving livelihoods through access to finance, technology and formal markets, while promoting responsible mining practices. 

Representing the Ministry of Mines, Mr. Jackson Kafwanka, Assistant Director – ASM, emphasised Government’s commitment to formalising the ASM sector to support economic growth while upholding environmental and safety standards. 

Representing ZEMA, Mr Constantino Mwembela underscored the importance of environmental stewardship and efforts to eliminate mercury use and protect ecosystems and communities. 

The partnership reflects a coordinated effort to unlock Zambia’s gold potential through innovation, sustainability and collaboration, building a more inclusive, transparent and sustainable mining sector. 

Market Announcement Change In The Position Of Chief Financial Officer

In accordance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) wishes to inform its shareholders and the market that the Company has, by mutual agreement, separated with its Chief Financial Officer, Mrs Chilandu Sakala, effective 3rd March 2026.

The Board expresses its sincere appreciation to Mrs Sakala for her contribution to ZCCM-IH during her tenure and wishes her every success in her future endeavours.

In the meantime, Mr Chitalu Kabwe, currently serving as Finance Manager – Reporting, will serve as Acting Chief Financial Officer with immediate effect. Mr Kabwe will serve in this capacity until further notice.

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