Home / Recent News / Local News (page 2)

Local News

CEC donates books to Kalabo Schools

As part of its corporate social responsibility Copperbelt Energy Corporation (CEC) recently handed over text books to the Mwangala Mwenda Foundation prior to the start of the 2019 year. According to the company, the books are just some of the essential supplies the Foundation requires for the school year to …

Read More »

ZEMA dispels water pollution rumours

Pollution of the natural environment is generally viewed as an inherent consequence of the complexity of large-scale commercial mining, which often negatively affects communities when harmful emissions find their way into the environment. To minimise the negative impact on the environment, First Quantum Minerals’ Kansanshi Mining has established a pioneering …

Read More »

Vendata Zambia assures progress and job security

Vendata’s Zambian unit is among the list of mining companies to have negated plans of laying off workers due to the recently introduced tax regime by the Zambian government. According to reports in the media, Vendata will proceed with the intended expansion procedures despite increased mining royalties presented by Africa’s …

Read More »

Construction of the Multi-million dollar Hydro-power stations in Kawambwa to start in March 2019

Construction of the US$770 million Kabwelume and Kundabwika hydro power stations and a transmission power line is scheduled to start in March 2019. When completed and fully operational, the two hydro power stations will generate a total of 163 megawatts (MW). The two projects, which will be undertaken by the …

Read More »

First Quantum plans 2 500 layoffs in Zambia over tax hikes

Canada’s First Quantum Minerals (FQM) said recently that it would lay off 2 500 workers in Zambia over plans by Africa’s No.2 copper producer to hike mining taxes. The southern African country plans to introduce new mining duties, replace value-added tax (VAT) with a sales tax and increase royalties, from …

Read More »

Government will not allow mine owners to lay off workers with impunity-President Lungu

President Lungu said his administration will not be intimidated by threats from mine owners. The Head of State said this at Southdown airstrip in Kalulushi district upon arrival for a two day visit to the Copperbelt province. President Lungu said the new mine tax regime, which mine owners are using …

Read More »

Close to 1,000 miners to lose jobs at Mopani

About 1, 000 miners at Mopani Copper Mines (MCM) are likely to lose their jobs after the mining giant starter its voluntary retrenchment exercise. According to latest correspondence from MCM Chief Services Manager KV Chitoshi and to the people close to the Development , the company is asking employees to …

Read More »

Lubambe mine prioritizes safety

Lubambe Copper Mine has procured the first ever self-contained mine Emergency Refuge Chambers in Zambia. The consignment of five refuge Chambers has been procured at a cost of US$ 475,000 from Mine Arc Systems of Australia. Lubambe Mine Communications Manager Loyce Saili said the procurement of the refuge Chambers by …

Read More »

Mining forecast remains positive amid new taxes

Fitch Solutions researchers have indicated that recent tax hike announcement by government recently are to prompt downside revision to the country’s copper production forecast. Government recently announced it will expand and increase taxes on mining companies operating in the country, as part of its 2019 budget. This comes after speculation …

Read More »

Zambia chamber of mines opposes proposed mining tax regime

Proposed tax changes will make it difficult to invest in Zambia Chamber of mines in Africa’s second largest copper producer has opposed the states proposed mining tax regime. This was contained in a press release issued by the COM on 04 October. More tax regime instability, massive increases, and novel …

Read More »