Zambian Mining News The Premium Source of Information on The Zambian Mining Industry
Three mining companies operating in Solwezi district, an emerging mining town in north western province contributed a total K30 million to the local municipality for various developmental activities in the district, a report said, citing Town Clerk Ronald Daka. The payments remitted to the municipality between June 2012 and 390 …
Read More »Zema Aprroves Mpande Limestone Project
Zambezi Resources Limited (ZRL) is pleased to announce that the Zambia Environmental Management Agency (ZEMA) has approved the Mpande Limestone Project’s Environmental Impact Study (EIS). The approval follows an extensive and thorough process which included review of technical information, site inspections and public consultations. With the approval of the EIS, …
Read More »EPC Contract Signed for the Nabeba Railway in Congo
Congo Iron SA and Mota‐Engil Africa, a subsidiary of Sundance Resources, have signed the Engineering Procurement and Construction (EPC) contract for the 52km section of the Nabeba‐Mbalam railway line to be built in the Republic of Congo (Congo‐Brazzaville) which will connect the Nabeba mine to the Cameroon railway. International engineering …
Read More »Zambia rakes in K4 billion from mining mineral taxes, Chikwanda
Zambia’s quest to raise resources from the mineral wealth surged last year with the reported collection of more than K4 billion in various mineral related taxes as the copper-rich country gained fresh ratings on the economy. President Michael Sata has since ascending to office on 20 September 2011 embarked on …
Read More »The road to the future, or is it?
Article by Boniface Mwila The business community in Zambia has clearly been dismayed by recent electricity price increases, but it is comforting to know that the hikes are part of a plan to upgrade the energy infrastructure more generally. My last column highlighted the power generation deficit in Zambia, which is …
Read More »Ethiopian Gold earnings drop 30 percent
Earnings from proceeds of gold sales in Ethiopia, one of Africa’s leading producers of the metal dropped 30% as global market demand slumped, according to a report. The ministry of trade in Ethiopia said the slump in gold production has resulted in the north African state earning a paltry US$369.31 …
Read More »GEMFIELDS RAISES $33.5M FROM INAUGURAL AUCTION OF MOZAMBIQUE RUBIES
Gemfields plc has raised US$33.5m in Singapore from an inaugural auction of rubies from its new mine in Mozambique. The auction was held in Singapore from June 12-17, 2014 and comprised high and low quality ruby and corundum extracted by Montepuez Ruby Mining Limitada, in which Gemfields has a 75 …
Read More »Over 300 delegates, 40 exhibitors register for ZIMEC Indaba
More than 300 delegates, including 40 exhibitors have registered for the Zambia International Mining and Energy Conference billed for Lusaka from 24-25 June this year. The fourth mining indaba dubbed; “securing Zambia’s growth by ensuring the sustainable development of its mineral and energy resources” and to be graced by Vice …
Read More »IWC Acquires Tektower
South African leaders in cooling towers and cooling solutions, IWC, announced that is have acquired Tektower, a South African cooling tower manufacturer andrelated services provider. Tektower, formerly known as Suzler Cooling, has been providing innovative cooling solutions for 40 years completing projects in South Africa and on the sub-continent including …
Read More »Chicago Pneumatic appoints USS as distributor
International construction equipment manufacturer Chicago Pneumatic has appointed United Sales & Services (USS) as its official distributor in Southern Africa. The company, which operates in South Africa, Zambia and the Democratic Republic of Congo, will now supply its customers in the region with Chicago Pneumatic’s complete portfolio of construction equipment …
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