By Potipher Tembo THE Zambian government has reiterated that no mine will easily close down and result in job losses for miners. Faced with various challenges, many mines in the country have been threatening to cut down on the workforce for them to continue operating profitably. Some of the mining …
Read More »KAGEM STARTS $2m COMMUNITY PROGRAMME IN LUFWANYAMA
A US$2 million (K12 million) program of community work by Lufwanyama-based emerald producer Kagem Mining has been launched in the district. Acting President Guy Scott officially launched the program yesterday with a ground-breaking ceremony for a new secondary school at Chapula and upgrade of Nkana Health Centre in the area. Dr. …
Read More »Zambia opens talks with mining companies
The Zambian Government has opened talks with mining companies over the controversial mineral royalty tax, on the eve of the Barrick Gold Corporation embarking on the process to suspend operations at Lumwana mine in Solwezi. However, acting president Guy Scott has maintained Zambia will not be intimidated by some mining …
Read More »ZCI offers an additional loan facility pact
African Copper Plc’s ZCI Limited, has entered into an additional loan facility of $2.5 million to be provided to its subsidiary, Copperbelt Development Foundation (CDF), according to African Mining.com ZCI entered into the additional agreement to provide CDF with further working capital for the Mowana Mine facilities. The facility will …
Read More »Kalumbila miners protest over funeral grant
Operations at Kalumbila Mine in Solwezi, Zambia’s newest copper mine, have been paralysed following a protest by workers over a funeral grant for their deceased colleague. The protest was reportedly sparked by First Quantum Minerals (FQM) refusal to award a funeral grant for the deceased worker at the mine which …
Read More »Barrick saga: Chief Mumena urges dialogue
Chief Mumena of Zambia’s North Western Province has urged urgent dialogue between Government and Barrick Lumwana over the mining company’s decision to suspend operations in the country. The traditional ruler said suspending operations and pulling out of the country was not the solution, but instead Barrick and the Government should …
Read More »Who benefits from Zambia’s Copper proceeds?
By Hicks Sikazwe The decision by Barrick Gold Corporation, a Canadian multinational, to suspend operations at Lumwana Mine near Solwezi in North-Western Province did not only open up new wounds but demanded immediate answers as to who benefits from Zambia’s copper proceeds? On December 17, Zambia’s Parliament approved a proposal …
Read More »Africa’s burgeoning mines will need a heavy lift
The growing scale of Africa’s mineral and infrastructure projects is demanding expert skills and fit-for-purpose equipment to lift, transport and install heavy plant in remote and often inhospitable sites, according to SA-based heavy-lift specialist Vanguard. According to Vanguard General Manager Craig Pace, recent figures indicate that, despite low commodity prices, …
Read More »ZAMBIA HAS INADEQUATE SMELTING CAPACITY – FQM
FIRST Quantum Minerals (FQM) Limited has expressed that the inadequate smelting capacity within Zambia has led to a stockpile of 200, 00 metric tonnes of copper concentrate at its Kansanshi mine in Solwezi. FQM, estimates the stockpile to contain copper worth US$370 million at current market price. This was expressed to …
Read More »‘Dismiss Dangote defamation lawsuit’
Zambia’s Labour Minister Fackson Shamenda has asked the High Court to dismiss a defamation lawsuit by Dangote Industries Zambia Limited. Mr Shamenda said the Dangote lawsuit should be set aside because it was wrongly taken to court. Dangote Industries Zambia Limited sued Mr Shamenda for slander and libel. The company …
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