Recent News

Minister of Mines and Mineral Development Hon. Richard Musukwa says the government is working on introducing a steady and predictable fiscal system in the mining sector to facilitate trade and sustainable growth in the industry. “As a country, we would like to operate a fiscal regime that is simple, predictable …

The minority Shareholders of ZCCM-IH have welcomed the appointment of Mabvuto Chipata as the new Chief Executive Officer. According to a statement released to the press recently, Euronext Minority Shareholders said they are relieved that the Pius Kasolo page has been definitively turned. They also expressed trust in Chipata who …

Mining Company First Quantum Minerals has declared that they are firm believers in quality education and adult literacy to show this they have donated 6,600 text books worth K117, 480 to the Ministry of General Education The aim by the Miner is to be part of the drive to improve …

Zambia’s High Court on Tuesday suspended hearings on the winding up of Vedanta Resources’ local mining business until the Court of Appeal rules on the lower court’s refusal to let the matter go to arbitration, the provisional liquidator said. Vedanta has been locked in a dispute with the Zambian government …

Monze district expo committee has continued identifying areas of investment in readiness for the Southern Province Tourism and Investment Exposition.   District expo committee and council public relations officer Raymond Kanchele made mention that the team has continued to identify areas of investment as the big event nears its climax. …

President Edgar Lungu recently met Vedanta Chairman Anil Argawal at the request of the investor regarding the ongoing liquidation process of Konkola Copper Mine.   During the meeting, Argawal stated his desire to continue running the mine, pay debt owed to contractors and suppliers. Vedanta Chairman further added that he …

The Ministry of Mines has awarded Conquest Mining Contractors the mineral trading permit for business undertakings in various minerals.   In a media briefing, Conquest Mining Managing Director Kunda Chani made mention that time for complaints and talk is over but to get involved in the industry.   Kunda is …

A team of Extractive Industries Transparency Initiative of Zambia (EITI) recently discovered Gold deposits in Mwinilunga district in the North-Western province of Zambia.   EITI team called on the Deputy Permanent Secretary of the province Douglas Ngimbu in Solwezi to disclose these findings.   Ngimbu says the discovery of this …

All commercial banks have been given an ultimatum to make adjustments on there Automated Teller Machines (ATMs) to enable smooth transactions involving new kwacha notes by this month end. The Bank of Zambia (BoZ) Director Lazara Kamanga has urged all profitable banks to finalise this so as to ensure that …

As the construction phase of the large-scale Cobre Panama project of First Quantum comes to an end, the Toronto-listed company is well positioned to meet its “own, very high expectations for the year and years to come”, Cobre Panama GM Tristan Pascall said recently. Following a faster ramp-up, the commercial …