More News & Articles

Vandalism for Konkola to suspend operations

Konkola Copper Mines (KCM) has suspended operations at its Nchanga Mine following acts of vandalism. Shapi Shachinda, Konkola Copper Mines Manager for Public Relations and Communications on Wednesday told media that the criminals cut a high voltage electricity cables disrupting operations. The criminals stole at least 9 high voltage copper …

Read More »

Mozambique cuts power supply to ZESCO

Mozambique’s power utility company EDM has cut electricity supply to ZESCO over the past seven months, to recover a $100 million debt. Geta Remigio Manuel Percy, EDM’s director of Economy and Finance told Zitamar News that EDM stopped supply to ZESCO last December for lack of payment after debts which …

Read More »

Rising copper demand to benefit copper mines

As copper prices rise from the 2015 slump to reach highs of $6000 a tonne, analysts are optimistic the trend will continue. Investment research houses like Citi Research and Goldman Sachs have issued bullish reports on copper this year – with Citi predicting the price will hit $7 000 a …

Read More »