News

The Attorney General office has been sued for failing to ensure that the Supreme Court Judgments regarding Kalengwa mine are implemented. It is believed that the failure of the office of the AG has resulted in the perpetuation of fraudulent activities which have been going on at the mine despite …

The UNCTAD data evaluation tool was developed as part of its Automated System for Customs (ASYCUDA), which helps developing countries modernise customs clearance processes. The new system, The Mineral Output Statistical Evaluation System (Moses), is already helping Zambia track mining revenue. Moses, developed by the Zambia Revenue Authority and the …

The spotlight is set to be on Environmental, Social, and Corporate Governance (ESG) at the Africa Mining Forum which is set to kick off from the 16-20 November 2020. A testament to this notion is the fact that the organisers of the event have also announced a unique digital ESG …

The Zambia Chamber of Mines has urged Zambia to treat mineral royalty payments as a deductible expense to avoid double taxation and attract investment. Since 2019, mineral royalty payments have not been treated as a deductible expense when calculating corporate income tax and that provision was kept unchanged in the …

Stanbic Bank Zambia has emphasized need to ensure the country’s mineral wealth and the mining sector are not neglected, while pushing for economic diversification. The bank said economic diversification should not prevent the local economy from exploiting its mineral wealth. Speaking during the latest Stanbic Anakazi Online Conversations webinar, Stanbic …

Maamba Collieries (MCL ) becomes the first mining firm in Zambia to operate this state-of-the-art surface miner, which could be used to mine in layers by using a milling drum without the need to drill and blast, MLC said in a statement. Zambian Mines and Minerals Development Minister Richard Musukwa this …

Built on innovation since its inception over three decades ago, global explosives leader BME – a member of the JSE-listed Omnia Group – paves the way for mines to leverage the latest technologies for ever-greater efficiencies and productivity. “Harnessing technology as quickly as it develops – and applying it to …

First Quantum Minerals’ Sentinel Mine in Kalumbila District of North-Western Province has exceeded production targets for July and August, produces over 23,000 tonnes and  25,000 tonnes of copper in the two months respectively. According to the company, the strong performance was attributed to consistent milling rates and better than expected …

Covid-19 and its associated travel, quarantine and other restrictions have had an adverse effect on the Gemstone miner Gemfields’ operations and its ability to host gemstone auctions. JSE- and Aim-listed miner says it is unable to provide guidance as to when it might be able to host its next auction, …

First Quantum Minerals (FQM) has announced plans to invest US$650 million, to double copper output and extend the life of Kansanshi Mine, to 24 years However the mining firm has cautioned shareholders that the expansion project can only go ahead if the company is confident of a competitive fiscal regime, …