Aspire Mining Limited
CRM
Information
Company Description
Aspire Mining Limited is a Zambia-based junior mining company founded in 2023. The company holds a 12,898-hectare exploration license in Manyinga District, North-Western Zambia, located within the western extension of the Central African Copperbelt. Aspire is focused on exploring copper, gold, manganese, iron ore, and nickel.
Countries of Operation
Zambia
Ownership of Company
Local Company - 100% Zambian owned
Number of years since incorporated
2
Project Pitch
Aspire Mining Limited seeks €430,000 to fund geological exploration work for its copper-focused license (36162-HQ-LEL) in the high-potential Manyinga region. The project benefits from ZEMA environmental approval, reducing regulatory risk.
Located near major copper operations including BeMetals – Pangeni, Sentinel, and Lumwana, the license is positioned south of the Lobito Corridor, a U.S.–EU–G7 backed $10bn rail and logistics corridor linking Zambia to global export markets.
Zambia's ambition to increase production to 3 million tons of copper by 2032, combined with global copper demand driven by electric vehicles and renewable energy, enhances project timing. Aspire offers Joint-Venture and Earn-In investment options. With strong geological potential and favorable market conditions, the company aims to advance exploration to unlock Zambia’s next tier-1 copper discovery.
Team
Aspire Mining Limited is led by Mr. Kelvin Ngoma, supported by skilled technical partners and geological consultants. The team brings experience in mining project development, exploration strategy, and investment structuring to unlock value in Zambia’s critical minerals sector.
Stage
Concept Stage
Annual Revenue (in EUR)
EUR 0 - 10,000
Number of employees
0 - 10
Total Project Cost (in EUR)
EUR 430,000
Financing needs (in EUR)
EUR 430,000
Type of financing needed
Debt; Equity; Grant
Planned allocation of fundraising capital
Greenfield (new activity for the company)