A request to Lusaka High Court to grant an order of appointment of Milingo Lungu from Messrs Lungu Simwanza and Company as provisional liquidator of Konkola Copper Mines Plc has been filed by ZCCM-IH Investment Holdings Plc. This is according to an application for ex parte order appointing provisional liquidator …
Read More »Mine Unions take to the streets Gov support
The Mine Unions and various stakeholders in likes of miners, former miners, residents of Chingola and Chililabombwe took to the streets a solidarity demonstration as a show of support for government’s intervention in the Konkola Copper Mines issue. Joseph Chewe, the Mineworkers Union of Zambia president, charged that Vedanta Resources …
Read More »CEC and ZESCO called on by the President
President Lungu has implored Copperbelt Energy Corporation (CEC) and Zambia Electricity Supply Corporation -Zesco to guarantee a smooth transition of the bulk power supply agreement which would come to an end in the year 2020. The power utility firm generates and supplies power in bulk to CEC which in turn …
Read More »Mopani still willing to Corporate with Gov-Amos Chanda
During a media briefing yesterday at Bank of Zambia guest house in Itawa residential area of Ndola, the Special Assistant for Press and Public Relations Amos Chanda made mention that Mopani had dedicated itself to delivering sound investment policies and improved management practices within Zambia. Mopani Copper Mine (MCM) assured …
Read More »President to meet mining stakeholders
The President of Zambia Edgar Chagwa Lungu has travelled to the Copperbelt where he is scheduled to meet stakeholders in the mining sector. According to media reports, the President’s visit has come at a time when people on the Copperbelt need assurance from the head of state. This follows the …
Read More »Unki smelter launched in Zim by Anglo American Platinum
The custom designed and cost efficient Unki Mine smelter located in Shurugwi, Zimbabwe was officially opened at a ceremony held at Unki Mine. Unki mine is a strategic investment for Anglo American Platinum, who remains a long-term investor in Zimbabwe, and the smelter, whose construction was announced in 2015, is …
Read More »Mopani shut down two shafts
As part of efforts to ensure Mopani has a viable future the company is planning to cease operations at Mindola North Shaft and Central Shaft. Nebert Mulenga, Public Relations Manager for Mopani Copper Mines said the miner is to focus on essential capital projects which include the Synclinorium Concentrator, Mindola …
Read More »Zimbabwean Gold price to gain an incentive
In order to incentivize gold production in Zimbabwe, an additional payment above the contractual purchase price will be provided by Fidelity as announced. Caledonia’s operating subsidiary Blanket Mine sells its gold production to Fidelity in Zimbabwe and is contractually entitled to receive a price which is derived from the afternoon …
Read More »Mopani to shut down two shafts on the Copperbelt
As part of efforts to ensure Mopani has a viable future the company is planning to cease operations at Mindola North Shaft and Central Shaft. In accordance to the press statement availed by Nebert Mulenga, Public Relations Manager for Mopani Copper Mines said the miner is to focus on essential …
Read More »Inyatsi terminates all Gov contracts
The contractor engaged by government to rehabilitate Mazabuka-Turnpike and other road construction projects across the country has cut off all works due to government debt of more than K200 million. Inyatsi Construction Limited has with immediate effect terminated all contracts and shut down its operations in Zambia due to lack …
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