Zambian Mining News The Premium Source of Information on The Zambian Mining Industry
With the third edition of the Copperbelt Mining Trade Expo and Conference (CBM-TEC) now just weeks away, conference speakers and delegates will be tackling head-on the real issues facing Zambian mining. From fiscal policy to power generation for mining, to local content development and value addition, the CBM-TEC conference will …
Read More »Company to exhibit highly resilient pipe at Copperbelt expo
Two trading arms of complete pipeline solutions provider Rare, Rare Plastics and Rare Pipeline Services (which incorporates Rare Construction Zambia), will exhibit at this year’s Copperbelt Mining Trade Expo and Conference (CBM-TEC) from May 12 to 13. Rare will be showcasing its Rare Plastics co-extruded pipe (RPC), developed particularly to …
Read More »Copper proves a rocky road for Zambia
The town of Luanshya, situated on Zambia’s copperbelt, serves as a bellwether for the country’s economy. However, political developments in Zambia are causing significant uncertainties in the copper industry. With a sustained annual GDP growth rate above 6%, driven primarily by copper, the past decade has been tumultuous for Luanshya. …
Read More »Anglo diamond, copper, coal, manganese alloy, niobium outputs fall
Diversified mining company Anglo American has produced less diamond, copper, coal, manganese alloy and niobium in the three months to March 31. Diamond production fell by 10%, copper production by 19%, export thermal coal by 13%, export metallurgical coal by 9%, Eskom coal by 8% and niobium by 13%. Refined …
Read More »New hope for the industry: sniffing out copper deposits
Geologists have developed a new and inexpensive technique to find copper deposits in volcanic rocks. With so much of the earth’s copper already dug up and companies desperately needing cost-effective ways to locate more reliable resources, could this technology prove to be a saviour? The mining industry has faced …
Read More »Anglo American’s finance chief Medori to retire in 2017
Global mining company Anglo American said finance director René Médori would retire in 2017 when he reaches the age of 60. Anglo American, which has been struggling with a slump in the price of commodities, said it was beginning a process to appoint a successor, and that Médori would continue …
Read More »Zambia scales back mining royalties to 9%
Zambia has approved a proposal to drop a recent and controversial hike in mining royalties and it is returning to a tax system based on profit in a fresh effort to try solving a six-month standoff with miners over the increase. Tthe government has set mining royalties for both open-pit …
Read More »Copperbelt capital equipment supply must be mutually beneficial to ensure sustiainability,argues researcher
Although the mining inputs cluster in Southern Africa, including capital equipment suppliers and the mining equipment sector in Zambia, is well integrated, more needs to be done to ensure mutually beneficial sustainability for all stakeholders, states University of Johannesburg-affiliated research and capacity development group the Centre for Competition Regulation and …
Read More »Alecto secures partners for the Zambia gold project
Gold and base metals exploration and development company Alecto Minerals has signed an agreement with Chinese mining equipment manufacturer Yantai Xinhai Machinery and South Africa-based turnkey solutions provider PenMin for the proposed construction and financing of mining operations at Alecto’s Matala gold project, in Zambia. This followed the positive outcome …
Read More »Gemfields achieves record price for emerald carat price
Aim-listed Gemfields has achieved a record price per higher-quality carat at its latest emerald auction, held in Lusaka, in Zambia, from March 30 to April 3. Revenue of $33.1-million was generated through the sale of 469 000 ct of predominantly higher-quality rough emeralds extracted by 75%-owned Kagem Mining, in Zambia. …
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