Local News

Government has given First Quantum Minerals more time to complete its analysis of what it owes after it was slapped with a $7.9-billion tax bill. According to the Finance Minister the government has audited major mining companies operating in the country, which include Vedanta Resources and Glencore. “They are doing …

Paratus Zambia says precision mining, using innovative wireless technology to optimise efficiencies is the future of mining sector according to connectivity specialist. According to the company, the country’s low-grade ore bodies is increasingly looking for economies of scale and ultra-efficient systems in order to remain profitable, and the latest state-of-the-art …

The Copperbelt Energy Corporation Plc (CEC) has offloaded 50 percent shareholding in CEC Liquid Telecommunication Limited to Liquid Telecommunications Holdings Limited. CEC is the legal and beneficial owner of 50 percent of the allotted and issued share capital of CEC Liquid Telecom. On completion of the deal Liquid shall procure …

VoidCon Decking Systems will be looking to meet construction related companies to discuss the cost saving and environmental benefits of its composite suspended slab system. There will also be an opportunity for entrepreneurs to discuss the option of becoming representatives and or Licensees. Visitors to the Cohamet Engineering stand will …

CEC’s newest exploit into the renewable energy space will deliver 1.9GWh of clean power a year anchored on transmission infrastructure comprising 1.2km of 11kV overhead line tapping from the existing CEC 11kV busbar at the Raven’s substation, a transformer station and switchgear. The development comes as the country is emerging …

The premier Copperbelt agricultural, mining and industrial trade expo – CAMINEX slated for Kitwe Showgrounds in Kitwe from 5-7 June, and will be showcasing the latest in products, machinery, technologies and services that these and related industries can offer. According to the organisers the event is an important trade platform …

Zambia will complete its first large-scale 50 MW solar power generation plant in September this year as the nation battles a power deficit which threatens industrial output, a state-owned agency said on Tuesday. The electricity shortfall has forced Africa’s second-largest copper producer to ration power supply to the mines, the …

Glencore subsidiary Katanga Mining has been served a freezing order against 75% operating subsidiary Kamoto Copper Company (KCC), in the amount of US$2.28 billion. The freezing order was served in the DRC by Ventora Development Sasu, a company affiliated with Dan Gertler and comes just after the local owned mining …

Although the growth prospects for Zambia’s mining sector remains positive for this year, amid rising copper prices and improved electricity supply, a worsening regulatory environment may negatively impact on the country’s copper production in the coming years, warns BMI Research. “We expect Zambian copper production growth to accelerate in the …

Kagem Mining has offered sponsorship to two young Zambian geology and mining engineering students. “As a leading player in the gemstone sector, we need to encourage professionalism by offering a platform for local professionals to venture into our sector and chart a career,” said Kagem Head of Human Resources Gibson …