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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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Vedanta Resources invest more at Konkola

Konkola Copper Mines (KCM) has announced intentions to set up a new copper smelter, cobalt refinery and other infrastructure. The projects are to be financed through the $1 billion investment programme announced earlier this year. In March Vedanta announced the $1 billion investment after a meeting between its Chairman Anil …

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Strikes hamper Zambia’s copper exports

The Tanzania-Zambia Railway Authority (TAZARA) has suspended all train services, including the transportation of copper following a strike by workers. The line a route for copper exports from Zambia and the Democratic Republic of Congo (DRC), but the firm transporting the metal struggles to pay its workers, prompting strikes. Conrad …

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GoviEx Uranium’s Mutanga technical report out

GoviEx Uranium Inc. has filed the technical report on a preliminary economic assessment (PEA) of the Mutanga Uranium Project. Prepared by qualified persons from SRK Consulting highlights include the project development plan envisions an average annual production rate of 2.4 million pounds of U3O8 yellowcake over an initial 11-year mine life, …

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Government to increase stake in copper companies

ZCCM –IH wants to increase its stakes across the country, as copper prices rebound. “It’s encouraging us to invest even more in copper. That’s why we want to increase our shareholding in some of the assets we have,” Pius Kasolo, Chief Executive Officer of ZCCM-IH told Reuters on the sidelines …

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AFR ready to plug ZESCO power deficit

Focused on the development of multiple integrated power projects in Botswana to meet the increasing demand for power in the southern African region – African Energy Resources (AFR) has set eyes on Zambia. AFR said the fast growing electricity demand from all sectors; residential commercial and industrial users should prop …

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