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The Economics Association of Zambia (EAZ) president, Lubinda Habazooka said that placing Konkola Copper Mines on temporal liquidation is required following the conditions at mining giant. While EAZ endorsed the move, Dr Habazooka made mention to the media that an appeal to the team entrusted with the liquidation process has …

Mopani Copper Mine (MCM) has announced plans of closing the Mindola North and Central Shafts, earlier than indicated due to limited resources for operational undertakings. The mine run by Glencore, announced last week that it was shutting down the two shafts whose economic life had come to an end. “As …

The Kouri project by Golden Rim Resources is seen to be making stable drilling progress in Burkina Faso, West Africa. According to the company RC drilling commenced in the river channel area of the Footwall Shear, following up a recently obtained high-grade drill intercept of 4m at 44.7 grams per …

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 …

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 …

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 …

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 …

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 …

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 …

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 …