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Makor Resources has officially launched its operations in Zambia, pledging to deploy structured capital and scale up copper production while prioritising community engagement, environmental stewardship and transparent governance.
Speaking at the launch event in Agora Village, Chief Executive Officer, Brooke Bibeault, said the company had spent more than three years establishing operations across key districts including Kasempa, Mkushi, Mumbwa, Kitwe and Ndola.
She emphasised that Makor was focused on structured asset development rather than speculative exploration, and that over the next year the company would invest between US$2 million and US$3 million in geological modelling, aeromagnetic surveys, remote sensing, and systematic sampling across its greenfield positions.
Bibeault outlined plans to scale capital deployment to US$20 million to US$30 million in the coming years to drill test priority targets, advance defined systems and progressively de-risk assets.
She said the company was committed to aligning mining operations with global standards for transparency, traceability and ethical sourcing, while integrating local communities in project planning and execution.
In remarks at the event, Thabo Kawana, Permanent Secretary in the Ministry of Information and Media, welcomed Makor’s entry, noting that Zambia is implementing policy reforms to strengthen the mining sector.
These included a stable mining tax regime, digital licensing, enhanced geological mapping, environmental and social impact frameworks, and formalisation of artisanal and small-scale mining.
Kawana said the government aimed to increase national copper production to 3 million metric tonnes per annum by 2031, up from the current 900,000 tonnes, and highlighted the importance of partnerships between government, private investors and communities in achieving sustainable sector growth.
Namukolo Hayumbu, District Commissioner for Mumbwa, welcomed the company’s planned investments and highlighted its focus on community needs.
Hayumbu noted that firm had previously partnered with other mining companies on similar projects, demonstrating experience and capacity to deliver community benefits.
He said the district government encouraged other organizations operating in Mumbwa to adopt inclusive approaches that support both economic development and the well-being of local residents.
“Development must be inclusive, and companies have a responsibility to give back to the communities in which they operate,” Hayumbu said.
The event was attended by senior government officials, district commissioners, United Nations representatives, mining-sector partners and members of the media.
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