Zamare Minerals secures £299.7k for Zambian copper exploration

Exploring for minerals essential to the renewable energy market is the primary focus of Zamare Minerals Limited, which has just secured £299.7k in a new funding round. This investment values the London-based company at an estimated £4.8m. The business specializes in the identification and acquisition of deposits including copper, cobalt, and rare earth elements.

Incorporated in 2022, the firm concentrates its efforts on Zambia's copper provinces. Its strategy involves evaluating overlooked areas or applying new geological models to traditional horizons near discovered mines with large reserves. The company specifically seeks out locations in the shadow of the head frame to improve the statistical odds of success.

Financial statements for the year ended 30 September 2025 recorded a headcount of three employees. More recent data from LinkedIn suggests the team has expanded to five staff members. This July allotment constitutes the total capital raised by the company throughout 2026.