Projects

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …

Zambian President Edgar Lungu has hit out at ‘mining investors who cry foul’ whenever Zambia sought to increase its share of its natural wealth. He said the country would take a major stake in some mines as he unveiled an economic recovery plan for the debt-burdened country. “We must assume …

NDT (Non Destructive Test) works carried out by SKF Zambia on more than 90 mobile mining machines and equipment operating on one of the country’s largest copper mines, delivered massive savings for the customer over a six month period. The mine, which is located in Zambia’s North-Western Province, is a …

The International Monetary Fund (IMF) has indicated willingness to discuss the country’s  broad elements of the Economic Recovery Program, which seeks to restore macroeconomic stability, attain fiscal and debt sustainability, restore growth and safeguard social sector spending. “Given the deep-rooted challenges faced, policies would need to be calibrated to restore …

Sarens has been supplying cranes to Zambia since 2018 on a project by project basis, however, the new facility in Chingola will allow the company to establish a permanent base and serve projects within a 300km radius. The company has opened a new depot in Chingola, northern Zambia near the …

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, …

US- and Canada-listed global gold mining behemoth Barrick Gold has released a good June quarter result showing a surge in profit on a higher gold price. Guidance for 2020 was maintained, with Barrick on track to hit its full-year forecast. We believe the investment case for precious metals – and …

Despite being one of the smallest provinces the Copperbelt province is faced with enormous deforestation and forest degradation challenges attributable to being one of the most densely populated provinces. This sad state of the natural environment has caught CEC’s eye and, consistent with its values, the Company is doing something …

The Policy Monitoring and Research Center (PMRC) notes that Zambia’s mining industry has not been spared by the pandemic and says it is vital that the government put in place a fiscal regime that will attract investment vital in the post-COVID-19 era. The local think tank believes the fiscal regime …

ZAMBIA is stepping up attempts to formalize artisanal mining sector by overseeing the construction of 10 milling plants which they hope will produce 40,000 kilograms (about 1.4 million ounces) of gold a year. The milling plants will firstly formalise the artisanal gold sector, from primary and secondary or artisanal and small-scale …