Zambian Mining News The Premium Source of Information on The Zambian Mining Industry
Industry heavyweights will once again be making their way to the heart of the Zambian mining region to be part of the Copperbelt Mining Trade Expo and Conference (CBM-TEC). As Zambia’s premier networking event for international and regional companies that operate within the country’s mineral rich Copperbelt region, the expo …
Read More »13th Intermodal Africa 2015
Radisson Blu Hotel Lusaka, Zambia Thursday 29 and Friday 30 October 2015 Intermodal Africa continues to be the biggest annual Container Ports and Terminal Operations Exhibition and Conference in Africa – now in its 13th successful edition! The 13th Intermodal Africa 2015 Exhibition and Conference will take place for the …
Read More »Mines have no option but to cut jobs – Chamber of Mines
CHAMBER of Mines president Nathan Chishimba says mining companies are left with no options but to cut jobs and downsize production because of the current economic problems the industry is facing. In an interview, Chishimba said the commercial viability of mining companies operating in Zambia remained a challenge under the …
Read More »SA’s mining industry sees steep decline in financial performance impacted by a slump in commodity prices and increased cost pressures
SA’s mining industry sees steep decline in financial performance impacted by a slump in commodity prices and increased cost pressures The 2015 financial year has proved to be extremely challenging for South Africa’s mining industry. Local cost pressures, labour action, and a continuing downswing in commodity prices have resulted in …
Read More »Kagem targets high production levels
AN independent report by consultancy firm SRK shows that Kagem Mine is set to produce 1.1 billion carats over a 25 year mine life, which is more than initially anticipated. The company said the total amount of indicated and inferred mineral resource at the emerald mine is now estimated at …
Read More »Denison has commenced exploration in Siavonga
A CANADIAN firm, Denison Energy Corporation, has started pursuing uranium exploration at the Muntanga Mine in Siavonga District. The company is a result of a merger between Fission Uranium and Denison Mines in July this year to create a US$900 million exploration and development company which would combine top uranium …
Read More »Kagem emerald mine still strong for next 25years
The world’s single largest producing emerald mine – Kagem in Lufwanyama District – looks set to continue benefitting Zambia for the next 25 years, according to an in-depth technical study of its prospects by independent experts. The estimated reserves at the mine reinforce the company’s potential long-term commitment to Zambia …
Read More »Kwacha falls as govt warns on FX reserves depletion
Zambia’s under-pressure kwacha fell on Friday, shedding around 2 percent after the country’s finance minister signalled that interventions that have supported the currency since steep declines on Monday would be scaled back. The kwacha fell more than 17 percent against the dollar on Monday, its biggest one-day fall on record, as the price of …
Read More »Copper at $5,000 per tonne not a disaster, says Kaberuka
DR Donald Kaberuka says Zambia and other African governments must fix economic policies that are leading to massive job losses in the mines. And Dr Kaberuka, the immediate past president of the African Development Bank, says copper prices at $5,000 per tonne is not a disaster that can lead to …
Read More »First Quantum Minerals reports stable power supply to its Zambian operations
Zambia – First Quantum Minerals said on Monday that the Zambian power situation is stabalising enough that it anticipates its Sentinel copper mine, in Zambia’s North Western province to begin commercial-level production by the end of the year. Sentinel, which has been in construction by First Quantum Minerals since June …
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