Zambian Mining News The Premium Source of Information on The Zambian Mining Industry
PRESSURE on the kwacha to decline will likely be limited this week as companies convert their dollars to meet tax obligations, market watchers said. The kwacha has come under pressure against major convertibles like the US dollar, declining to a record low last due to a shortage of dollars. The …
Read More »LOW KCM OUTPUT SOURS VEDANTA
LOW copper output at its Zambian unit Konkola Copper Mines (KCM) in Chingola has cost Vedanta Resources an 8.5 per cent drop in annual copper earnings on the global market. According to the global miner’s latest preliminary market report released this weekend, KCM recorded a slump of 19.2 per cent …
Read More »MINING FIRM BLACKTHORN RESOURCES TO KICK-START KITUMBA COPPER PROJECT
THE Australian owned mining conglomerate Blackthorn Resources, this year intends to commence a Definitive Feasibility Study (DFS) on the Kitumba copper project located in Mumbwa, Central Province. Blackthorn Resources chief executive officer Mark Mitchell said in a statement that the company will fund the DFS, with focus on priority exploration …
Read More »Mopani Copper Mine
MOPANI Copper Mines in Mufulira has increased copper production by 2,500 tonnes in the first quarter of 2014 highlighting a growth rate of 10 per cent, a quarterly report has disclosed. Mopani, a subsidiary of Swiss owned conglomerate Glencore Xstrata, produced 27,700 tonnes of copper in the first quarter of …
Read More »A Mining Firm to Kick-start Kitumba Copper project
THE Australian owned mining conglomerate Blackthorn Resources, this year intends to commence a Definitive Feasibility Study (DFS) on the Kitumba copper project located in Mumbwa, Central Province. Blackthorn Resources chief executive officer Mark Mitchell said in a statement that the company will fund the DFS, with focus on priority exploration …
Read More »Mozambique Pursues New Mining Laws
Critically anticipated legislation changes intended to regulate the mineral potential of Mozambique, thus help it come to full realization, hinges on the Government’s determination to revoke previous ‘archaic’ laws that impede growth. Realising that the mineral wealth of the country had in 2013 alone generated over US$2 billion for the …
Read More »Kalumbila Minerals To Build New Airport In North Western Province
The coming of First Quantum Minerals Limited in the emerging ‘new Copperbelt’ of North Western ProvinceA has brought with it a ray of hope for the growth of the area, once perceived ‘docile’ and lacking development. Among other projects underway besides the existing Lumwana, Kansanshi mines, is another project underway …
Read More »Indian Multinational Stakes US$50 Million for Tanzanian Mine
As the exploration and search for minerals continues on the African continent, several multinational companies have shown eagerness to maximize on this mineral potential in the 54-member states. Among the countries that have in recent months attracted scores of multinational companies is Tanzania, courted by National Mineral Development Corporation (NMDC) …
Read More »New Districts Eyed by Multinational Mining Companies
Manyinga districts in North Western Province may be new to most Zambians unfamiliar with the area lying between Mufumbwe and Kabompo. The unexplored area, which was until recently not one of the many districts that have existed since Zambia’s independence in 1964, has attracted renowned mining giants including Rio Tinto …
Read More »Steel industry related app launched!
Robor is proud and excited to be the first South African steel tube and pipe manufacturer to announce the launch of an industry related “app” compatible with Android and iOS smartphones. The app (short for application) can be downloaded for free and offers users readily available information regarding the full …
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