Zambian Mining News The Premium Source of Information on The Zambian Mining Industry
The turbulence copper, Zambia’s foreign exchange earner, has found itself in, sounds an alarm for the urgent need for the country to enhance policies and programmes that will help to move away from this metal economic over reliance. Those born before independence in 1964 and shortly after will never forget …
Read More »Chamber of Mines, manufacturers join hands over equipment
The source of mining equipment continues to be a concern in Zambia especially now with the fall in the value of the Kwacha, the local currency, against the US dollar. Other than those suppliers to the industries have also complained of a drop in contracts fearing that many of them …
Read More »Australia’s Mozambi Resources starts graphite exploration in Mozambique
Australian company Mozambi Resources will carry out the initial work of graphite exploration in two license areas in the province of Cabo Delgado, Mozambique, the company said in a statement issued Tuesday. The two license areas are located in the vicinity of concessions with high quality graphite deposits of Triton Minerals …
Read More »Mines seek return to old tax regime
MINING companies want the 2015 mining fiscal regime abolished and a shift back to the double tier taxation system. And independent economic consultant Professor Oliver Saasa has wondered why finance minister Alexander Chikwanda and his mines counterpart, Christopher Yaluma, had to wait for presidential directive over a tax regime that …
Read More »Chamber of Mines, manufacturers join hands over equipment
By Hicks Sikazwe The source of mining equipment continues to be a concern in Zambia especially now with the fall in the value of the Kwacha, the local currency, against the US dollar. Other than those suppliers to the industries have also complained of a drop in contracts fearing that …
Read More »Mining firm studies battery grade graphite production in Tanzania
KIBARAN Resources has started a high level study into the production of battery grade spherical graphite from its Epanko Project within the broader Mahenge Project in Tanzania. This will also evaluate the feasibility of establishing a spherical graphite manufacturing facility in Dar es Salaam. Recent testwork confirmed that both the …
Read More »New mineral tax under review
By Hicks Sikazwe Government is to review the mineral tax, if possible defer the implementation of the controversial 2015 increase. President Lungu ha since directed the ministries of Finance and Mines respectively to ensure changes are effected by April 8 to forestall a possible crisis in the mining sector. Last …
Read More »Mines still required to produce export documentation – ZRA
ZAMBIA Revenue Authority commissioner general Berlin Msiska says mining companies pushing for the accumulated VAT refunds will still have to produce export documentation because “law is law”. Last month, the government relaxed its rules on the documentation mining exporters need to claim tax refunds. The row over how mining companies …
Read More »Aurecon clinches US 200m Zesco power upgrade contract.
Zambia Electricity Supply Corporation (ZESCO) has awarded Aurecon a $200m contract to provide engineering, design and construction supervision services.The World Bank funded project will improve Transmission and Distribution Rehabilitation in Lusaka.The Zambia capital is regarded as the second fastest growing city in Africa. Its Electricity demand has grown at 6% …
Read More »Practical workshops for mining community at CBM-TEC
Free, practical workshops for mining community at Copperbelt Mining Trade Expo & Conference in Kitwe in May “We are addressing a great need in the industry” The free, practical workshops at the Copperbelt Mining Trade Expo and Conference or CBM-TEC in Zambia’s mining hub Kitwe were so well attended last year that …
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