News

Judicial review rules in favour of CEC

Government has issued a new Statutory Instrument No. 94 of 2021 (SI No. 94 of 2021) to revoke Statutory Instrument No. 24 of 2021 (SI No. 24 of 2021), which declared CEC’s transmission and distribution lines as Common Carrier. SI No. 94 of 2021 revokes Statutory Instrument No. 24 of …

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Zambia the stand-out player in African minerals exploration for 2022: Experts

“All eyes are on Zambia,” says Peter Major, director of mining at Mergence Corporate Solutions in South Africa. Major spoke in Cape Town in October as he prepared for a mining investment trip to Zambia. In the new president, Hakainde Hichilema, he says, the country has “a real businessman” in …

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Omnia’s BME launches its most advanced electronic blast detonation system

Safe and efficient blasting has taken a momentous step forward with Omnia Group company BME’s launch of AXXIS Titanium™, one of the world’s most advanced electronic blast detonation systems. BME Managing Director Ralf Hennecke has hailed AXXIS Titanium™ as a significant advance for the company’s ever-evolving technology offering, securing BME’s …

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FQM ACHIEVES ITS HIGHEST-EVER ANNUAL COPPER PRODUCTION

As the mining firm focuses on delivering disciplined and responsible growth Lower ore grades at First Quantum Minerals’ two flagship Zambian mines last year have underscored the company’s goal of investing further in new production facilities. Globally the company achieved its highest-ever annual copper production of 816,000 tonnes, a 5 …

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Leadership, transparency, integrity needed for prosperity of Zambia’s gemstone future

Minister of Mines and Minerals Development Hon. Paul C. Kabuswe revealed that all Zambia needs to do is to organise and provide leadership, transparency, integrity and governance for the prosperity of Zambia’s gemstone future. Kagem Mining has reinforced the Zambian government’s optimistic outlook for the future of Zambia’s gemstone and …

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‘GIP brings established global capabilities to the Pluto Train 2 JV’

ASX-listed Woodside CEO, Meg O’Neill, has revealed that the company is looking forward to developing Pluto Train 2 in close collaboration with GIP as they bring vast global capabilities.  Woodside Energy has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture (JV) to …

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Element25 explains economic benefits of the proposed Asia project

ASX-listed Element25 (E25) has revealed that it is now moving to a definitive feasibility study for the high purity manganese sulphate monohydrate (HPMSM) facility, which is likely to be finalised in the second half of 2022. A scoping study into the HPMSM plant has confirmed the economic benefits of the …

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First Quantum urging all citizens to be vaccinated

In support of the Zambian government’s efforts to raise vaccination rates in the country, First Quantum Minerals is  urging all citizens to be vaccinated. The TSX-listed copper, gold, and zinc producer based in Zambia, has clarified Covid-19 vaccination practices at its Kansanshi and Sentinel mines in Solwezi and Kalumbila, respectively. …

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Kagem optimistic about Zambia’s gemstone future

Hon. Kabuswe noted that now more than ever – and in light of the Covid-19 pandemic – the government was determined to provide the necessary leadership, structures and policies that would see the mining sector thrive. He stressed the need for transparency in the sector, a view that is shared …

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Zambia lays plan to reduce its global debt mountain

According to Finance Minister Situmbeko Musokotwane and the IMF, Zambia’s plan to reduce its global debt mountain will include eliminating unsustainable energy and agriculture subsidies. Zambia and the International Monetary Fund reached a staff-level agreement on a $1.4 billion, three-year extended credit facility on Friday, bringing the heavily indebted country …

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