News

Mopani Copper Mines, a unit of global commodity trader and diversified miner, Glencore Xstratra, has injected more than US$15 million in reviving an artisan training school in Mufulira, one of its operational areas following calls by the Government to improve skills training in the country and reduce on the industry …

Leaders in the Southern African Development Community have agreed to ensure industrialization takes the centre in regional integration to ensure more than 270 million people benefit from its natural and mineral wealth through poverty eradication. The summit noted that despite the vast mineral and natural resources endowed in the region, …

Mining companies in Zambia collectively owe power company Zambia Electricity Supply Corporation (ZESCO) a staggering US$20 million debt in unpaid power bills, threatening the utility company’s prospects of undertaking a facelift to its equipment and the meeting energy demands to end users. Earlier this year, the Energy Regulation Board (ERB) …

There is need to devise ‘uniform’ legislations that will benefit the people in the 15-member Southern African region in collaboration with investors that export raw material at the expense of the more than 270 million populace, many who are wallowing in abject poverty, says incoming SADC chair for the council …

Countries in the 15-member Southern African Development Community (SADC),seek to review and adopt policies to accelerate economic growth having realised the untapped mineral potential. The 34th Heads of States and Government Summit which goes underway in Zimbabwe’s tourism capital, Victoria Falls from August 17-18 want to review policies to bolster …

Electricity generation in Zambia rose more than three percent during the first quarter this year as mining companies increased consumption to raise mineral output as dictated by the metal markets, a national report says. The Lusaka based Bank of Zambia says in its report that energy generation increased by 3.1 …

Zimbabwe Mines Minister Walter Chidhakwa has revealed that the country has with immediate effect banned exports of rough diamond to ensure maximum value for its minerals. The idea emerges from a recent cabinet meeting which discussed about the exportation of rough diamonds and resolved to ban the exports of the …

RIO Tinto Group, the global mining leader has drawn a line under one of its most disastrous deals by offloading its Mozambique coal assets for $50 million, a decision that has forced the company’s Chief Executive Officer to leave. The London-based company bought the assets as part of the $3.7 …

First Quantum Minerals Limited, owners of Kansanshi mine and leading copper and gold producer in Zambia seeks speedy approval of some regulatory requirements it seeks Government to endorse to accelerate the construction of more projects in the country. During the just ended 88th Agricultural Commercial show of Zambia in Lusaka, …

Zambia’s copper outturn has continued to fluctuate-barely days after the country; Africa’s leading copper producer, raised its bar of the red metal on the international metal market, according to the Lusaka-based Bank of Zambia. According to the data by the Central Bank-copper production from Zambia took a downturn-declining 2.5 percent …