Local News

A prominent player in metals processing across Africa, Jubilee, has shared the latest developments in its copper operations in Zambia. The company is strategically pursuing a significant expansion to achieve an initial target of 25,000 tonnes of copper per annum. This expansion encompasses both augmenting Jubilee’s copper resource base and …

BT Industrial, a pioneering science and engineering company specialising in the design and manufacturing of HDPE pipes and water treatment plants, is vocal about the pivotal role of robust water infrastructure in Africa’s development. Kgomotso Lekola, Founder and Group MD of BT Industrial, emphasises the pressing need for substantial investments …

In contrast to many of its competitors, Canadian miner First Quantum has decided to maintain its 2022 cost projection despite inflationary pressures and decreased output from its mines in Zambia. Despite second-quarter cash expenses exceeding the upper limit of the yearly guidance, the business continues to predict cash costs of …

In an effort to lessen liabilities and support company growth, Konkola Copper Mines PLC (KCM) has put aside $2 million to pay off outstanding debt to small and medium suppliers and contractors. Following discussions with KCM management, KCM Provisional Liquidator Celine Nair announced the development. She claims she made the …

Zambia government has revealed that by 2024, the country’s GDP is expected to rise to 4.4 per cent following strategic interventions in the agriculture, tourism, mining, manufacturing, energy, and transport sectors. The government has also projected a modest 3.5 per cent rise in its Gross Domestic Product (GDP) for 2022, …

Government has issued a new Statutory Instrument No. 94 of 2021 (SI No. 94 of 2021) to revoke Statutory Instrument No. 24 of 2021 (SI No. 24 of 2021), which declared CEC’s transmission and distribution lines as Common Carrier. SI No. 94 of 2021 revokes Statutory Instrument No. 24 of …

Wages and working conditions in Zambia’s mining industry have been steadily declining for the past 30 years. This is largely due to changes in labour laws. Strikes have been outlawed, worker subcontracting has become more common, and wages are now negotiated on a case-by-case basis rather than for the industry …

Zambia’s largest export market in Africa has remained the Democratic Republic of Congo (DRC), with exports to the DRC totalling over K10.7 billion in the six months ending June 2021. However, successive Zambian governments have focused their efforts on strengthening diplomatic ties with western countries, some of which have little …

According to the Zambia Chamber of Mines, Copper producers in Zambia are ready to start $2 billion expansion projects next year if they can reach a royalties agreement with President-elect Hakainde Hichilema’s new administration. Companies such as First Quantum Minerals Ltd. and EMR Capital are ready to raise capital for …

A mines ministry official said on Thursday that Zambia’s Konkola Copper Mines (KCM) has not been temporarily or permanently closed, denying a Bloomberg story about the copper mine previously operated by India’s Vedanta Resources. According to Bloomberg, Zambian mines ministry permanent secretary Barnaby Mulenga said on Wednesday that the Konkola …