News

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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The continued suspension of Kasenseli gold mine puts the central bank’s gold reserve build-up in jeopardy

The new Mines Minister Paul Kabuswe’s continued suspension of the Kasenseli gold mine operating license, and thus mining activities, from late October 2021 put the central bank’s gold reserve build-up target for 2021 in jeopardy. Since the gold-buying program began in January this year, the Bank of Zambia (BoZ) has …

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‘Government should move into Luapula Province armed with production-oriented policies for mining activities to support economic growth’

A well-managed manganese mining sector has the potential to turn the country’s economic fortunes around. Even though the country’s manganese mineralisation data does not indicate to what extent mineral-rich Luapula Province, for example, is endowed with the energy mineral, recent mining activities in the area indicate that there is an …

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KANSANSHI MINING PLC ENCOURAGES YOUTH PARTICIPATION IN AGRICULTURE

Mining giant cosponsors Hematon youth and women agricultural summit First Quantum Minerals through Kansanshi Mining Mining Plc recently co-sponsored the Hematon Youth and Women Agricultural Summit, which took place in Lusaka. Local youth were encouraged to take up a more active and productive role in the agriculture and livestock sector …

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Zambia mining making significant strides in wooing investors

Zambia is doing everything it could to impress investors with promises to be more private-sector driven, to invest more in green energy, and to do everything it could to reclaim the top spot in global copper at a time when the metal is poised to play such a critical role …

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