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The Zambia International Mining & Energy Conference & Exhibition, which has been Zambia’s leading mining and energy meeting for the past decade, will commemorate its tenth anniversary with a virtual version on the 4th and 5th of May, 2021. The organizers of ZIMEC 2021, namely the Ministry of Mines and …
Read More »Poverty-fighting lawmakers taking note of the copper boom
Authorities in three of the world’s largest copper-producing countries are demanding a larger share of the windfall, according to reports released this week. While this isn’t uncommon during times of high prices, there’s also the added motivation of figuring out how to pay for pandemic recovery, as well as talk …
Read More »Zambian emeralds take centre stage in fund-raising jewellery collection
Emeralds responsibly sourced from the Kagem mine in Lufwanyama will form the centrepiece of a new fine jewellery collection that will raise funds for the Gemfields Foundation, Gemfields’ charitable arm that supports community and conservation projects in Africa. On the heels of her 10th anniversary and the start of a …
Read More »GoviEx Uranium appoints new directors
Two new board of directors have been appointed at GoviEx Uranium, the company works towards developing its uranium prospect. The new directors are Salma Seetaroo and Eric Krafft to fill the vacancies for Matthew Lechtzier and Robert Hanson who have retired from the company’s board. As we now look forward …
Read More »ZAMBIA issues warning to mining investors
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 …
Read More »IMF responds to financing arrangement
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 …
Read More »Aviation monitoring programme is flying high
Did you know that a dedicated aircraft testing programme is conducted by condition monitoring specialists, WearCheck, to reduce the risk of catastrophic engine failure, boost safety and reduce maintenance costs? WearCheck’s thriving aviation division analyses used aircraft oil and filters for wear particles, oil degradation and cleanliness of hydraulic fluids. …
Read More »Anglo American distance self from lead poisoning fiasco in Zambia
Mark Cutifani, Anglo American CE, has refuted allegations that the company is responsible for lead poisoning at a Zambian lead mine he part-owned almost 50 years ago and intended to defend himself after a class action against the miner was filed. On behalf of what they claim is believed to …
Read More »Attorney General dragged to court for abetting criminal activities at Kalengwa Mine
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 …
Read More »Automated System for Customs helps Zambia track mining revenue
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 …
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