Evans Mumba

Kalumbila Minerals ponders over ‘350 graves’ in mine site

The planned commissioning of the US$2 billion Trident Kalumbila mine in Solwezi planned for next year may probably be delayed after the developers discovered over 300 graves during the construction of the Greenfield project. Kalumbila mine project is a unit of First Quantum Minerals Limited who are also owners of …

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KCM fails to meet various operational obligations

The fate of one of Zambia’s leading mining companies, Konkola Copper Mines has continued unfolding with Government revealing various shortcomings on the operations of the copper producer. Recently, the Government announced its intentions to audit the Vedanta Resources Plc owned KCM to establish various developments and commissioned a technical committee …

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DR Congo, Guinea others join EITI

Mineral-rich Democratic Republic of Congo and Guinea are among the new countries that have joined the Extractive Industries Transparency Initiative (EITI) as full members after compliance of the agency’s set rules. DR Congo joins among other African countries, Zambia in the initiative to remain transparent in its dealings on minerals including ensuring …

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ZEMA seeks ‘endorsement’ of proposed Kitumba Copper Project

The planned construction of the much awaited three-mega tons per annum, Kitumba Copper mine project in Mumbwa in central Zambia comes under public scrutiny on 11 July this year as owners and Australian listed Blackthorn Resources Limited, await to start developing the project. According to developers, Blackthorn Resources Limited plans …

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“Use mining revenue to improve social sector,” says United Kingdom

“African Governments and mining companies that they host should co-exist in ensuring that the revenues realised from mining activities are translated into improving people’s welfare,” a United Kingdom official says. Lynne Featherstone, the United Kingdom’s Minister for International Development urged mining companies and African governments to ensure that mining revenues helped to …

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ZCCM IH shareholders to earn more

Zambia Consolidated Copper Mines Investment Holdings-ZCCM IH share earnings are forecast to rise 34 percent higher than the six months ending 31 March last year as total number of shares in issue almost doubled. Stockbrokers Zambia, the agents for multi listed holding mining company, in a cautionary notice to shareholders …

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TRAPPING THE DUST TO IMPROVE MINING IN ZAMBIA

The copper mines in Zambia are a boon for the country. But the dust that is generated in and around the mines can have widespread impacts on the health of workers and the environment. Dust can also substantially reduce the lifespan of machinery. “Dust is a big problem in towns …

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Rukwa coal project in Tanzania Gets Approval

AFRICAN coal exploration and development firm Edenville Energy has secured Environmental Impact Assessment (EIA) approval for mining at the Namwele and Mkomolo near Lake Rukwa in Tanzania. The EIA report was submitted to the National Environment Management Council (NEMC) in December 2013, following field studies and analysis in conjunction with …

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Zambia rakes in US$30 million as redress the ‘wear and tear’ on roads

Zambia’s efforts to generate revenue intended to sustain its infrastructure and bolster economic growth other than rely on the income from mines, is paying dividends with Government to date, raising US$30 million in toll gate charges. Since the late 1990s Zambia has attracted over US$8 billion in direct foreign investment …

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Munali Nickel Mine ‘buy off’ staggers over US$12 million debt

Plans for a 100 percent takeover of the Zambia’s sole nickel mine, a unit of Albidon Zambia Limited may probably take longer than was envisaged because of a protracted US$12 million debt the company owes. According to the Government, the impending sale of Munali nickel mine to a British Company, …

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