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Zambia’s mining sector is set to become more attractive to investors as improved geological data reduces uncertainty around mineral potential, project viability and exploration outcomes, according to PwC.
In its latest 2025 mining report, PwC noted that better-quality geological information enables investors to make more informed decisions at a time when competition for mining capital is intensifying globally.
The firm highlighted the government’s ongoing high-resolution aerial geophysical survey as a key intervention strengthening Zambia’s investment readiness.
The nationwide survey is being conducted in partnership with South Korea’s LX International and is expected to generate detailed and modern geological datasets.
Read more: Zambia needs strategic reforms to maximise mining potential — World Bank
According to the Ministry of Mines and Minerals Development, the survey was progressing on schedule and is expected to be completed by mid-2026.
As of October 2025, more than 42 percent of Zambia’s landmass had already been mapped, with full national coverage targeted by mid-2026.
PwC said the availability of comprehensive, high-quality geological data would significantly reduce exploration risk and improve transparency across the sector.
Once completed, the data would be made accessible to both investors and the public at a modest fee.
“We anticipate that improved geological information will reduce investment risk, enhance transparency, and reinforce Zambia’s ambition to build an investment-ready and sustainably managed mining sector,” PwC said.
The firm added that the completion of the survey was likely to stimulate exploration spending and support the issuance of better-defined mining licences.
This is expected to particularly benefit small-scale and emerging miners, who often face higher risks due to limited access to reliable geological information.
PwC further noted that improved data availability would strengthen collaboration between the State and the private sector by enabling more informed joint-venture arrangements.
“Continued investment in modern geophysical technologies and data systems will be central to unlocking Zambia’s mineral potential and ensuring the mining sector contributes to sustainable economic growth and long-term development,” the report said.
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