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GEMFIELDS Plc chief executive officer (CEO) Ian Harebottle says the company realised US$34.9 million from the auction of higher quality rough emeralds from Kagem mining Limited held in Lusaka recently. Mr Harebottle said early during the week that this was the second highest revenue mark achieved by Gemfields at any …
Read More »Zambia’s Nchanga smelter resumes operations
After shutting down for a month to allow maintenance works, operations at Konkola Copper Mine’s (KCM) Nchanga smelter in Chingola have resumed. KCM undertook maintenance works at the Nchanga smelter to boost production, and operations at the facility had since resumed, after successfully completing the exercise. Vedanta Resources chief executive …
Read More »Mining licence granted – Zambia’s Kitumba Project
Blackthorn Resources Limited has been granted a large-scale mining licence for the company’s flagship Kitumba copper project in Zambia. According to Mining Africa Year Book latest updates the mining licence was granted for an initial 25-year period. The Kitumba Project is located in west-central Zambia, about 200km northwest of the …
Read More »GOVERNMENT IS COMMITTED TO SUPPORTING KAGEM -YALUMA
Government has revealed that it will continue to support Kagem and the entire mining sector in creating a conducive business environment. Speaking at the opening of Kagem’s auction of high grade rough emeralds today, Minister of Mines Energy and Water Development, Christopher Yaluma said “the continued auctioning of emeralds in …
Read More »Uncertainty hangs over Zambia
A dark cloud hangs over Zambia again after the passing of its fifth President Michael Chilufya Sata in London on October 28. The late Sata becomes the second president to die in office, after the cold hand of death robbed the copper-rich Southern African country of its leader Levy Patrick …
Read More »Zambia: What next after Sata
By Hicks Sikazwe Just four days after Zambia, Africa’s largest copper producer celebrated 50 years of independence from Britain, its president, Michael Chilufya Sata died at King Edward VII hospital in London, becoming the second country’s head of state to die in office within six years. Locally known as king …
Read More »LONDON COURT UPHOLDS THE FREEZING OF KCM ASSETS
In order to avoid the risk that Vedanta Resources- owned mining firm Konkola Copper Mines might use its liquid assets to frustrate U& M Zambia’s efforts to enforce an arbitration award a London Court has maintained that the freeze on the firms global assets be sustained. This matter came up …
Read More »MURRAY & ROBERTS MAKES PROGRESS ON SYNCLINORIUM SHAFT SINKING PROJECT
Murray & Roberts Cementation Zambia has reported the completion of the sinking of the Synclinorium Shaft project in Kitwe, Zambia for its client Mopani Copper Mines (MCM). “The last blast of the Main shaft took place on 30 September 2014 with the shaft at a final depth of 1 280.85 m …
Read More »RARE awarded turnkey pipeline project in Zambia
Fluid conveyance company The Rare Group has been awarded a contract to supply the first of two phases of a new slurry pipeline at a copper mining company operating in Zambia. Rare will supply and install 3 175m of 610 mm Nominal Bore (NB) steel pipelined with a high-density polyethylene (HDPE) …
Read More »Up-to-the-minute Zambian emerald ring designed in aid of Nkana clinic
Actress and new mum Mila Kunis has collaborated with Gemfields and Italian Jeweller Marina B in creating a Zambian emerald ring that will honor mother hood as well as raise funds for Lufwanyama`s Nkana Health Centre. Gemfields Chief Executive Officer Ian Harebottle says as leading suppliers of responsibly sourced Gemstones, …
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