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ZCM calls for dialogue to revive mining industry

Zambia Chamber of Mines (ZCM) says the country’s mining industry still has potential to be amongst the most sustainable global. Nathan Chishimba, ZCM president said despite experiencing vast challenges in the past years, regular dialogue will spur the mining industry is to remain sustainable and profitable over the coming years. …

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KCM implements the outsourcing program

Konkola Copper Mines -KCM- has started handing over more than four thousand miners to a private Chinese investor JHX and many others. All the miners at Konkola Shaft three in Chililabombwe have been handed over to JHX under the outsourcing business development model the mine is implementing in a move …

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First Quantum seals Panama copper project deal

First Quantum Minerals Limited (FQML) has acquired a 10 percent ownership interest and shareholder loans in Minira Panama SA (MPSA) which holds the concession for the Cobre Panama project. The concession is located 120 kilometres west of Panama City and 20 kilometres from the Caribbean Sea coast, in the district …

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EMR acquires 80 percent stake in Lubambe Mine

Private equity house, EMR Capital, has bought 80 percent stake in Lubambe Copper Mine in Chililabombwe at a cost of US$97.1 million. EMR is a specialist resources private equity management firm with a proven investment track record spanning over 20 years managing investments of over US$2 billion. Lubambe Mine is …

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