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KAGEM PREDICTS RISE IN EMERALDS DEMAND

  KAGEM Mining has predicted an increase in the demand for Zambian coloured gemstone in the world. Gemfields and Kagem chief executive officer Sean Gilbertson said responsible sourcing of coloured gemstones was receiving increased attention. “Coloured gemstones were progressively becoming more valuable to consumers on the international market compared to …

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Zambia’s mining tax regime ranked highest-FQM

The First Quantum Minerals (FQM) Head of Government Affairs, John Gladstone made mention that Zambia’s current tax regime for the mining sector is unappealing to potential investors more especially when placed along fellow copper mining countries globally. Among the copper mining countries include Chile, the Democratic Republic of Congo and …

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FQM’s tax contribution report for 2018

A report availed to the media has indicated the percentage of tax contributions by First Quantum Minerals (FQM) in the year ended. The just published 2018 Tax Transparency and Contributions to Government Report for First Quantum Minerals (FQM) has revealed that the mine paid more than US$533 million (K5.6 billion) …

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DRC subcontractors at the heart of ARSP

The Democratic Republic of Congo’s (DRC) subcontracting regulator known as the ARSP will soon to be launching a campaign for subcontracting activities. According to a statement by the Director General Ahmed Kalej Nkand, the campaign is aimed at recognizing all companies intending on participating in subcontracting activities before licensing them …

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CEC and ZESCO called on by the President

President Lungu has implored Copperbelt Energy Corporation (CEC) and Zambia Electricity Supply Corporation -Zesco to guarantee a smooth transition of the bulk power supply agreement which would come to an end in the year 2020. The power utility firm generates and supplies power in bulk to CEC which in turn …

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Mopani still willing to Corporate with Gov-Amos Chanda

During a media briefing yesterday at Bank of Zambia guest house in Itawa residential area of Ndola, the Special Assistant for Press and Public Relations Amos Chanda made mention that Mopani had dedicated itself to delivering sound investment policies and improved management practices within Zambia. Mopani Copper Mine (MCM) assured …

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President to meet mining stakeholders

The President of Zambia Edgar Chagwa Lungu has travelled to the Copperbelt where he is scheduled to meet stakeholders in the mining sector. According to media reports, the President’s visit has come at a time when people on the Copperbelt need assurance from the head of state. This follows the …

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Unki smelter launched in Zim by Anglo American Platinum

The custom designed and cost efficient Unki Mine smelter located in Shurugwi, Zimbabwe was officially opened at a ceremony held at Unki Mine. Unki mine is a strategic investment for Anglo American Platinum, who remains a long-term investor in Zimbabwe, and the smelter, whose construction was announced in 2015, is …

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Mopani to shut down two shafts on the Copperbelt

As part of efforts to ensure Mopani has a viable future the company is planning to cease operations at Mindola North Shaft and Central Shaft. In accordance to the press statement availed by Nebert Mulenga, Public Relations Manager for Mopani Copper Mines said the miner is to focus on essential …

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Mine Unions react to Mopani’s newsflash

The pronouncement of two major shafts in Kitwe scheduled for closure by Mopani Copper Mines has not been welcomed by the Mine Unions in the country as over two thousand job losses will be the outcome. Speaking at a joint Media briefing at Katilungu House in Kitwe on the Copperbelt, …

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