First Quantum Minerals’ Kansanshi Mine has posted positive results despite operational challenges, declining ore grades and the need to contain costs The company’s 2016 financial results confirm its status as Zambia’s flagship copper mine. Kansanshi maintained its position during 2016 as Zambia’s largest copper producer (250 000 tonnes), one of …

Mineral Junxion Zambia has budgeted US$3 million to construct a mineral processing plant to extract copper and cobalt slag at the dumpsite owned by Konkola Copper Mine in Kalulushi. The company has already submitted an environmental impact statement (EIS) report to the Zambia Environmental Management Agency (ZEMA), ahead of commencing …

Air compressors used in industry are, for the most part, well-proven, reliable pieces of equipment, able to operate for years with relatively little maintenance. However, their very reliability can lead to problems when the quality of their intake air is neglected. “Many industrial air compressors work in very dusty conditions, …

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 …

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 …

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 …

World Bank says aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium demand is expected to rise, as the world works towards commitments to keep the global average temperature rise at or below 2°C. In a report ‘The Growing …

Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) and Sinoconst are to build a $548-million cement plant in Ndola. The development is part of efforts to diversify the economy and reduce reliance on the country’s economic mainstay copper mining. President Edgar Lungu said the two companies will raise financing for the project …

Vedanta Resources PLC Zambia operation plans to quadruple copper production in the next 3years. Vedandata PLC trading as Konkola Copper Mines produces an average of 100,000 metric tons annually and plans to push it higher to 300,000 – 400,000 metric tons in the next 3 years after it injects $1billion …

The Centre for Trade Policy and Development (CTPD) has urged Government to reinstate the clause on mineral revenue sharing mechanism (MRSM) in the Mines and Minerals Act to realise the aspirations of the Seventh National Development Plan (7NDP). CTPD acting executive director Isaac Mwaipopo said the 7NDP seeks to improve …