Evans Mumba

Chambishi Copper Smelter to invest US$220 million in Northern Zambia

China-owned Chambishi Copper Smelter seeks to complete the construction of the project and has budgeted over US$200 million and meet the increased  demand  for  smelting works by various mining companies in the Southern African nation and Africa’s top copper producer. The mining company, one of the latest projects to come …

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Kangaluwi Copper Project to work with local people, create jobs

Australian-listed and exploration and mining company, Zambezi Resources Ltd., owners of Kangaluwi Copper mine in Zambia, have allayed fears raised by various players over the oncoming project, the company says.  In a statement availed to the Mining News Zambian, the miner is committed to working with local communities and environmentalists …

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Collect maximum Revenue from Mining Companies, Zambia urges Comesa

Zambia, Africa’s leading copper producer has challenged  the Common Market for Eastern and Southern Africa (COMESA) member countries to find ways of extracting maximum revenue collection from foreign mining companies, its Vice President, Dr.  Guy Scott says. It is of no benefit, Scott says, for African countries to allow huge …

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Shabangu Cites keys to African Mining Growth

There is  need to interlink and integrate the development of mining in Africa with the available infrastructure for the continental to develop as espoused by the African Union, South Africa’s Mineral Resources Minister Susan Shabangu has noted. Speaking at the opening of the 20th Mining Indaba in Cape Town South Africa …

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Evoked Tax Incentives –No Harm on Zambia’s investment potential, says report

Recent adjustments made by the Zambian Government on mining incentives given to multinational companies operating in the Southern African and Africa’s top copper producer will not harm the country’s desired investment growth in the sector, a report says. Recently, the Government reviewed various incentives accorded to mining companies in their …

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African Mining Indaba 2014 implored to resolve Continent’s ‘Crunching’ Problems

The 20th International Mining Indaba should endeavor to resolve various challenges besieging countries with mineral wealth, Zambia inclusive, to benefit the people, says British Charity, Oxfam. Keith Slack, Oxfam Global Program Manager for Oxfam America’s Extractive Industries team wrote his visions ahead of the conference which goes underway Cape Town, South Africa …

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Zambia’s Government ‘May’ Reposes Chambishi Metals Mine Plc copper slug Heap

The Government has threatened to repossess the Nkana copper slug heap in Kitwe from Chambishi Metals, a subsidiary of China Non-Ferrous Metal Industry Foreign Engineering and Construction Company Limited, following delays by the miner to develop the structure, Zambia’s Mines, energy and water development deputy Richard Musukwa says.  The Government …

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Dialogue with mining companies on policy Changes to develop sector, EITI urges Zambia

Zambia should act cautiously when implementing policies intended to maximize returns on its mineral wealth and avoid stifling high productivity of the red metal, the Extractive Industries Transparency International says.  The EITI notes that while Zambia seeks to ‘recoup’ resources that have not been realized over the years, given various …

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KCM Cites reasons for late payment of wages for employees

Konkola Copper Mines, a unit of Vedanta Resources Plc, has cited challenges faced by some commercial banks in Zambia as reason for delays in paying its workers monthly wages, local media reported. The delays are caused  through some banks’ internal arrangements including the inward and outward clearing of cheques are …

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Integrated inks farm-in deal in Zambia

Junior explorer Integrated Resources has entered into a conditional farm-in agreement to acquire 3 000 km2 of copper exploration tenements in Zambia.  Under the terms of the transaction, Integrated would pay a signing fee of $120 000 for the four tenements, along with a $50 000 exclusivity fee, which was paid …

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