Zambian Mining News The Premium Source of Information on The Zambian Mining Industry
…trees will revegetate a disused dump site, improve soil fertility and produce bio-diesel Konkola Copper Mines (KCM) has launched an ambitious bio diesel project in the Copperbelt at one of the company’s disused dump site. According to the company, the project aims to cultivate elite Pongamia Pinnata trees for bio-diesel …
Read More »CEC lease out tank farm in Chingola
The Copperbelt Energy Corporation PLC (CEC) has put out a notice announcing plans to lease out its fully-fledged Tank Farm based in Luano Area, 18km from Chingola. The facility has three x 1,800,000 litres capacity fuel tanks and auxiliary equipment accessible by both road and rail network. CEC’s decision to …
Read More »AFR sells Chirundu and Kariba valley properties
Australian mining company African Energy Resources (AFR) has sold its Zambian uranium portfolio to GoviEx Uranium Inc. The deal will unify African Energy’s Chirundu and Kariba Valley properties with GoviEx’s Mutanga project, resulting in contiguous tenements containing combined mineral resources of 15.2Mlb U3O8 in the measured and indicated categories and …
Read More »Government plans expatriates clean up
Government has announced intentions flush out foreigners employed in the mining sector to create jobs for qualified Zambians. Kampamba Mulenga, Chief Government Spokesperson says concerns from the labour movement motivated the decision. She said Zambia has well trained mining experts hence the need for mining houses to employ competent and …
Read More »Governments urged to craft fitting policies for mining industry
Poorly thought-out mining policies are impacting Africa’s mining sector, the annual mining jamboree Mining Indaba in Cape Town, South Africa has heard. Sharing the same sentiments, stakeholders said uncertainty and inconsistency are hampering the search for new mining investment on the continent. In addition, the policies have cast a shadow …
Read More »SA mining production falls
South Africa’s mining production plunged by 5%, last year, the country’s data authority said. Statistics South Africa said the slide was recorded amid signs of recovery reported by South Africa Chamber of Mines in December. The data authority said December mining production improved in December 2016, with iron ore recording …
Read More »More digitalised underground drilling rollout
Working within budget and on time is the envy of every mine operator and Sandvik Mining and Rock Technology continues to facilitate such results with its technologies. The company recently upgraded its digitalized underground drilling to improve drilling accuracy, cycle times and reduce operation costs. The new system offers accurate …
Read More »More calls for improved tax regime
Global professional service KPMG has condemned the constant reviewing of Zambia’s mining tax, as an economic barrier. Michael Phiri, tax partner at KPMG said effects of perennial changing the tax regime are ‘massive’. He said many mining project are being abandoned or deferred – representing a potential investment value of …
Read More »Zambia’s technical power losses high at 14%; ZESCO and ERB urged to invest in technology that will minimize grid leakages
Zambia Electricity Supply Corporation – ZESCO and Energy Regulation Board – ERB have been urged to invest in technology that will curb technical losses on the power grid. Zambia records technical losses of 14% against the acceptable threshold of 5%, Uni-power Company Trainer said. “Energy losses in Zambia are very …
Read More »CEC Plc cut ties with CEC Africa
Copperbelt Energy Corporation (CEC) Plc has mooted plans to delink its pan-African power assets developer CEC Africa from the CEC group. Julia Chaila, company secretary said the decision yet to get approval from shareholders is expected to improve CEC Plc financial performance. CEC Africa is currently reeling from operation challenges …
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