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Yaluma wants more transparency – new mining policies due in May

Christopher Yaluma has reiterated commitment to dialogue, cooperation and consultation with mining industry stakeholders. Speaking at the ongoing Mining Indaba with Mining for Zambia, Yaluma said the common goal must focus on increasing production. “We could grow our annual production to 1 and even 2 million tonnes if we engage …

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TAZARA to hire 5 mainline locomotives

In an order to boost haulage capacity to meet the huge demand anticipated by the new Railway (Transportation of Heavy Goods) Regulation that was recently passed by the Zambian Minister of Transport, the Tanzania-Zambia Railway Authority (TAZARA) has dispatched an engineer to South Africa to conduct a due diligence on …

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Miners, government head for a deadlock

The Chamber of Mines has condemned the new law compelling mining companies and other bulk cargo firms to transport at least 30% of their freight by rail. According to miners, the legislation is ‘economically inappropriate and unworkable’ Brian Mushimba, transport minister said the law was meant to revive the rail …

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Cement plant compensate displaced families

ZCCM Investment Holdings has announced plans to build 47 houses for displaced people in Masati district on the Copperbelt. The Group is expected to spend K 108, 000 on each households displaced to pave way for the factory area. the development comes as, ZCCM-IH is constructing a US$600 million dollar …

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CEC celebrates 10-year listing on LuSE

Plans to raise funds for future expansion coupled with deliberate efforts to boost share ownership by Zambians in CEC saw the company list on the Lusaka Securities Exchange, ten years ago. The company planned to spend $40.5 million on infrastructure upgrades over the next seven years after signing two loan …

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CEC boosts Kitwe’s fight against cholera

As part of its contribution to the City’s clean up exercise, CEC has donated various materials to the Kitwe City Council. Totaling over K220, 000.00, the donation is timely, in the wake of the cholera outbreak in Lusaka and other parts of the country. The first donation, a response to …

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New x-ray facilities for Konkola

As part of effort to speed up radiological diagnostic services for the Konkola Copper Mines medical services, the company has commissioned new x-ray medical facilities at it Nchanga South Hospital. Valued at US$135 000, the facilities will serve a catchment population of over 63 000 in four towns – Chililabombwe, …

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GoviEx close private placement financing

GoviEx Uranium has closed private placement expected to continue financing exploration and development activities on the company’s mineral assets. The C$5.385 million private placement financing is to strengthen GoviEx’s principal objective to become a significant uranium producer through the continued exploration and development of its flagship mine-permitted Madaouela Project in …

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New JV to develop small-scale hydropower projects

The New Africa Power joint venture (JV) plans to develop a 65 MW portfolio of small-scale, run-of-the-river hydropower projects in Zambia. The JV, established by Nairobi-based energy holding company responsAbility Renewable Energy, international finance institution Norfund and investment company Vineyard, has committed $4.6-million for the feasibility phase of the development, …

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Miners celebrate transport ban lifting

Zambia Chamber of Mines has applauded government for lifting night time driving ban for cargo haulage trucks. “The mining sector is obviously relieved that the measures… have been amended to reflect the reality of transporting essential industrial inputs and commodities on our roads,” said Nathan Chishimba, Chamber of Mines President. …

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