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President Lungu gives ear to Argawal over KCM

President Edgar Lungu recently met Vedanta Chairman Anil Argawal at the request of the investor regarding the ongoing liquidation process of Konkola Copper Mine.   During the meeting, Argawal stated his desire to continue running the mine, pay debt owed to contractors and suppliers. Vedanta Chairman further added that he …

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Illegal miners in Zim gamble with their lives

Recent reports have indicated that illegal gold miners in Zimbabwe accessing longstanding mines with inexpert tools are risking their lives.   These mines are said to be very unstable in most cases and flooded in some instances, which has inevitably led to a number of deaths over the past couple …

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 Permit accorded to Conquest Mining

The Ministry of Mines has awarded Conquest Mining Contractors the mineral trading permit for business undertakings in various minerals.   In a media briefing, Conquest Mining Managing Director Kunda Chani made mention that time for complaints and talk is over but to get involved in the industry.   Kunda is …

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EITI finds Gold deposits in North-Western province

A team of Extractive Industries Transparency Initiative of Zambia (EITI) recently discovered Gold deposits in Mwinilunga district in the North-Western province of Zambia.   EITI team called on the Deputy Permanent Secretary of the province Douglas Ngimbu in Solwezi to disclose these findings.   Ngimbu says the discovery of this …

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Bank ATM’s to be adjusted by month end-BoZ

All commercial banks have been given an ultimatum to make adjustments on there Automated Teller Machines (ATMs) to enable smooth transactions involving new kwacha notes by this month end. The Bank of Zambia (BoZ) Director Lazara Kamanga has urged all profitable banks to finalise this so as to ensure that …

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