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A legal claim on behalf of 1 826 Zambian villagers against global diversified metals and mining company Vedanta Resources and its Zambian subsidiary Konkola Copper Mines (KCM) has been given the go-ahead by a High Court judge to proceed in the UK courts. The judgment, handed down on Friday by …
Read More »Aury Africa-manufactured woven wire screens extend production hours
The AfriSam Olifantsfontein readymix and aggregate quarry in Gauteng,South Africa has been making use of Aury Africa woven wire screens since 2014. Aury Africa wire screens are more cost-effective and last up to five days longer than competitor products, thereby minimising downtime and ensuring substantial long-term savings. The AfriSam Olifantsfontein …
Read More »Creating sustainable mining jobs amid global market turmoil
Despite sluggish global commodity prices that continue to cause an ongoing slump in the mining industry – skills transfer and job creation have been empowering local employees at the Mopani Copper Mine in Zambia, thanks to a joint venture between Redpath Mining SA and Rig Resources Zambia. Since officially entering …
Read More »Proposed MRT regime will enhance tax collection, says Chamber of Mines.
The new proposed changes to the Mineral Royalty Tax (MRT) regime will enhance the collection of mineral revenue by the government rather than compromise it, Chamber of Mines president Nathan Chishimba said recently. Chishimba was reacting to a media statement issued by a consortium of civil society organisations advising government …
Read More »Contract mining offers edge in depressed market
There is a direct correlation between the market size of contract mining and the commodities cycle/prices and investment patterns in capital projects Historically, mining was a highly protected industry and had a low propensity for outsourcing, but more operations are being outsourced across Africa, says global consultant and adviser Deloitte. …
Read More »Gemfields successfully auctions Zambian-mined rough emerald
AIM-listed Gemfields has successfully auctioned its lower quality rough emerald extracted by its 75%-owned Kagem mine in Zambia for US$14.3 million. Of the 3.67 million carats offered for sale, 2.78 million carats, or 76%, were sold at the auction, which took place in Jaipur, India, between 17 and 20 May. …
Read More »Chamber of Mines praise Government’s effort to save the Mining industry.
The Zambia Chamber of Mines welcomes the changes to the new 2015 Mines and Minerals Development (Amendment) Act which was passed by parliament last Friday. The Chamber maintains its position that the question of having an equitable fiscal regime that promotes the competitiveness of Zambia’s mining sector is not a …
Read More »Copper Production On Rise
While commodity prices on the international market have not fared well this year, Zambia has continued to record high grade copper on an annual basis. Coupled with falling commodity prices, the country has been grappling with power outages which to some extent have led to challenges in the mining sector. …
Read More »Solar power solutions supplied to opencast mines
The ZRW mobile solar-powered floodlighting system was supplied to Namibian iron-ore mine which requires electricity to run 24/7 Tailor-made energy solutions provider ZRW Mechanika’s supply of solar-powered masts last year to chrome mining company Samancor Western Chrome, which operates an opencast mine in Marikana, in the North West, has sparked …
Read More »FQM gives cautious welcome to mining royalties revamp
LUSAKA – Zambia’s largest mining company, First Quantum Minerals (FQM), has welcomed Government’s move to revamp mining royalties as a “step in the right direction” but has called for more to be done to ensure long-term competitiveness and renewed investment in the sector. The new Mines and Minerals Development (Amendment) …
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