The Copperbelt Energy Corporation (CEC) will actively contribute and support Government’s goals by diversifying the country’s energy mix through investment in alternative sources of power. Currently, the company has agreed with the Copperbelt University to make the solar plant available to the university as part of its corporate social responsibility …
Read More »Copper holds firm
Copper, which is Zambia’s major source of foreign exchange firmed in early Asian trading on Friday, gaining momentum from a positive outlook for Chinese industrial activity. China’s manufacturing activity expanded at the fastest pace in six months in August, buoyed by a surge in export orders and higher prices, according …
Read More »ZRL to modernise operations
Government has finished feasibility studies on two routes of the Zambia Railways Limited (ZRL) to modernise its operations. In this vein, Government is in discussion with two Chinese railway companies that were engaged to conduct feasibility studies for ZRL. Minister of Transport and Communication Brian Mushimba said the two companies …
Read More »UMCIL to open iron-ore mine in October
The US$70 million iron-ore mining company being set up by Universal Mining and Chemical Industries Limited (UMCIL) in Nampundwe’s Sanje Hill area, expected to create 1,000 jobs, will commence operations this October. UMCIL sales manager Benjamin Belemu said the company, which operates the Kafue Steel Plant under Trade Kings Group …
Read More »EAZ calls for stabilisation fund establishment
Government has been challenged establish to a mineral stabilisation fund. The Economics Association of Zambia (EAZ) says authorities should take advantage of the current rise in copper price to establish the fund. Herryman Moono, EAZ National Secretary said the mineral stabilisation fund will be used to save revenue from the …
Read More »Copper production forecast remains positive, despite power challenges
Strong copper prices and support extended to the industry by government are expected to drive copper production growth, despite ongoing power shortages, this year. Statistics from the central bank indicate that copper production reached 362 000 t by June 30, down slightly from the 367 000 t produced in the …
Read More »Husqvarna builds first solar powered facility in US
Husqvarna Group is building its first solar power generating facility at its current injection molding site in Nashville, Arkansas, USA. The new facility is expected to reduce the CO2 footprint by approximately 1,000 tons in the first year of operation and approximately 25,000 tons over the expected 25 year life …
Read More »CEC restore full power to Mopani Copper Mines
Copperbelt Energy Corporation (CEC) has agreed to restore power to Glencore’s Mopani Copper Mines. The deal was reached after lengthy consultation to restore full power supply to the mine from Wednesday, the president’s office said. Amos Chanda, Presidential Spokesman said details of the agreement facilitated by government will be finalised …
Read More »ZEMA receives Mushindano cobalt mine EIA
Afrique Nama Mining Limited (ANML) has announced intentions to develop a US$10 million cobalt mine in Mushindano district. ANML has submitted an environmental impact assessment (EIA) report to the Zambia Environmental Management Agency (ZEMA) ahead of the development. The project is to construct a mineral processing plant to process copper …
Read More »KCM creating sustainable mining legacy
As one of Africa’s largest integrated copper producers, with a rich mining history in the Zambian Copperbelt that spans several decades, Konkola Copper Mines (KCM) and its CEO Steven Din understand that copper is a depleting resource. As such, the CEO is not only driving a 50 year mining vision …
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