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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 …
Read More »$34.9m grossed from Lusaka emeralds auction
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 …
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