Zambian Mining News The Premium Source of Information on The Zambian Mining Industry
The recently undertaken extensive geological surveys in Mozambique have revealed new mineral deposits-graphite, iron ore, among others-fueling hopes for the country’s economic growth in the Southern African state. According to Mozambique’s Mineral Resources Minister Esperance Bias, the mining industry in Mozambique is getting bigger, seen as great news to the …
Read More »Mozambique in talks with coal mining companies over depressed market
Mozambique, one of Africa’s fastest emerging mining frontiers is dialoguing with its foreign coal mining partners’ to find ways of helping them ride out depressed markets following a free-fall of the price of the heating commodity, says its mineral resources minister, Esperance Bias. The price for thermal coal has plunged more than …
Read More »Chamber of mines calls for ‘attractive policies’ to spur mining
Zambia, one of Africa’s leading copper producers should initiate reliable and predictable policies to attract direct foreign investment into the mining and copper industry, the chamber of mines says. Chamber of Mines of Zambia, a consortium of foreign mining companies operating in Zambia says Zambia is still very competitive as …
Read More »Metorex Chibuluma Mines to spend US$26 million for explorations, official
Metorex Mining Limited, the South African based mid-tier mining group plans to spend over US$26 million to undertake exploration activities at its Chibuluma mine in Zambia over the next two years, says a mine official. General Manager Jack Sikamo said while the company already spent US$12.7 million in strategic capital …
Read More »CEC sues KCM over US$30 million power debt
Copperbelt Energy Corporation, Zambia’s supplier of electricity to mining companies on the Copperbelt has dragged Konkola Copper Mines to court over a US$30 million debt it is owed based on an internal agreement, the Post reported. Citing an affidavit filed before the Lusaka High Court, CEC wants KCM, a unit …
Read More »African Union praises Zambia’s ‘economic gains’
The African Union has noted Zambia’s resilience to improve its growth prospects and has attributed the good investment environment in the country to the Government’s good management of the economy and the prevailing peace. Ambassador Jean-Baptiste Natama, Chief of Staff of the Bureau of the Chairperson of the African Union …
Read More »KCM fails to meet various operational obligations
The fate of one of Zambia’s leading mining companies, Konkola Copper Mines has continued unfolding with Government revealing various shortcomings on the operations of the copper producer. Recently, the Government announced its intentions to audit the Vedanta Resources Plc owned KCM to establish various developments and commissioned a technical committee …
Read More »ZEMA seeks ‘endorsement’ of proposed Kitumba Copper Project
The planned construction of the much awaited three-mega tons per annum, Kitumba Copper mine project in Mumbwa in central Zambia comes under public scrutiny on 11 July this year as owners and Australian listed Blackthorn Resources Limited, await to start developing the project. According to developers, Blackthorn Resources Limited plans …
Read More »TRAPPING THE DUST TO IMPROVE MINING IN ZAMBIA
The copper mines in Zambia are a boon for the country. But the dust that is generated in and around the mines can have widespread impacts on the health of workers and the environment. Dust can also substantially reduce the lifespan of machinery. “Dust is a big problem in towns …
Read More »Zambia rakes in US$30 million as redress the ‘wear and tear’ on roads
Zambia’s efforts to generate revenue intended to sustain its infrastructure and bolster economic growth other than rely on the income from mines, is paying dividends with Government to date, raising US$30 million in toll gate charges. Since the late 1990s Zambia has attracted over US$8 billion in direct foreign investment …
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