News

Munali Nickel Mine -Zambia sole miner of the alloy has been planned to resume operations by June this year since it halted production in 2011. The forecast resumption of production of the metal follows commencement of a preplanning programme by new investors and developers; the Times of Zambia reported citing …

Glencore Xstrata increased its copper outturn by more than 12 percent at its Mopani Copper Mines in Zambia last year compared to a year earlier, as expansion bolstered by investment in the local unit rose; company says. Annual Copper output  rose 12 percent to 111,000 tons last year compared to …

China’s Non Ferrous Africa Mining Corporation (NFCA) plans to spend US$100 million this year towards the development of the South East Ore Body Mine (SEOB) at its Chambishi unit in Zambia as it seeks to expedite the project.  It is estimated that when the project is complete more than 5,000 …

AUSTRALIAN owned Majestic Copper Resources Limited plan to re-develop the copper slug heap at the old Roan Mine in Luanshya on the copperbelt to detect the remaining mineral ore. Chishimba Kambwili, the Roan Member of Parliament said the mining company may re-develop the disused mine and make value out of …

Zambia has remained an attractive investment destination for various multinational companies that have been overwhelmed by the Government’s policies coupled with politics-making the country a haven of increased direct foreign investment in Africa and beyond.  However, despite the country’s vast natural resources, the Southern African state-Africa’s leading copper producer is …

Zambia is watching the events at one of the country’s leading copper producers, Konkola Copper Mines (KCM) following reports that the company needs to be rescued by the state because it was loss making. Vice President Guy Scott told Parliament on February 14 in a ministerial statement accessed by Mining …

Historically, Zambia’s rail transport has been in existence for over 100 years when the first slippers were laid down from Chililabombwe to Livingstone by the British South African (BSA) and Livingstone to Mulobezi-all intended to foster good-reliable transport network. The development of the railway lines to ‘resource rich areas’ like …

Pitted differences between 100 Civil Society Groups and the Zambian Government have arisen following an approval for the construction of a new copper mine in Lower Zambezi National Park. Recently the Government approved the construction of Kangaluwi copper mine in lower Zambezi national park, a decision the civil society groups …

Copper Prices rebound on LME Copper prices on the international metal market have continued to rise, allaying fears from Zambian mining players that the downward trend was a cost on their prospects to make real returns on their investment. The three-month copper price on the London Metal Exchange (LME) went …

Construction of the Mokambo underground copper mine in Mufulira, a unit of China’s Changfa Resources Limited is expected to start in August this year with an initial investment of about US$500 million, the company says.  During recent geological studies undertaken in Mufulira, the company established vast deposits of copper in …