News

Arc Minerals has revealed that a number of discussions are currently underway with interested third parties about a potential commercial transaction in respect of the company’s copper exploration licences in Zambia. The company also said it has begun drilling for diamonds on its majority-controlled licences in northwestern Zambia. Following additional …

First Quantum Minerals (FQM) has underscored the vital role skills training and knowledge transfer play in combating youth unemployment and driving sustainable development. Speaking ahead of World Youth Skills Day 2020 on July 15, FQM’s Kalumbila Minerals Public Relations Specialist Mirriam Harmon said the mining firm’s goal was to equip …

Anglo American Plc was aware of the risk of lead poisoning to personnel, this is according to a doctor and commissioned research into the impact in a town near a Zambian mine where he worked. The assertion supports a lawsuit filed by a group of Zambian women and children alleging …

Junior Argonaut Resources announced that it has placed 693.3-million shares, at a price of 0.75c a share, under its existing placement capacity to fund a drilling work in Zambia. The firm has completed a A$5.2-million private placement to professional and sophisticated investors to fund the Zambian venture. “The funds raised …

Seven months after Zambia defaulted on $3bn of Eurobond debts, Western investors are warming up to the country once again. Bets on Zambian Eurobonds have driven prices back to pre-pandemic levels and international players such as Bank of Nevis have bought up stakes in the country’s banking industry. Ratings agency …

Zambian government has been urged to address impediments to investment inflows and production growth, and to guarantee stable tax policies. Zambia Chamber of Mines president Dr Godwin Beene this week said it was imperative to rectify negative investor perceptions of the mining sector in the country. “Our sector, like any …

Zambian companies have been encouraged to take advantage of Infratel’s telecommunications and ICT Infrastructure services to market and expand their businesses. Company CEO Freelance Bwalya said Infratel boosts of 1261 towers dotted in all provinces as well as other ICT equipment that was accessible to businesses including Small and Medium …

First Quantum Minerals (FQM) has paid more than US$850 million in taxes, royalties, duties and fees to government, community and infrastructure expenditure in 2020. The payments made to With operations in Australia, Finland, Mauritania, Panama, Spain and Turkey, and multi exploration prospects in a number of other countries, the payments …

GoviEx Uranium Inc. has sealed a drilling contract with Hydro Tech Drilling & Exploration (Hydro Tech) to undertake exploration and resource delineation drilling programs on Mutanga Uranium project. “With the reissued Chirundu Mining Permit we are keen to get back to advancing our Zambian assets with the development of Mutanga. …

Years of innovation and experience in the underground space have now positioned BME – part of the JSE-listed Omnia Group – as an important player in mines where low-profile, bord-and-pillar mining methods are employed. As a blasting and explosives leader in the opencast mining sector for decades, BME has steadily …