Zambia’s annual copper output rose 10.4 percent in September to 631,359 tonnes, the central bank in Africa’s second-biggest producer of the industrial metal announce last week. Some mining companies operating in Zambia include NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), Canada’s First Quantum Minerals, Glencore, Barrick …
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About 1, 000 miners at Mopani Copper Mines (MCM) are likely to lose their jobs after the mining giant starter its voluntary retrenchment exercise. According to latest correspondence from MCM Chief Services Manager KV Chitoshi and to the people close to the Development , the company is asking employees to …
Read More »Proposed tax changes will make it difficult to invest in Zambia Chamber of mines in Africa’s second largest copper producer has opposed the states proposed mining tax regime. This was contained in a press release issued by the COM on 04 October. More tax regime instability, massive increases, and novel …
Read More »Copperbelt Energy Corporation has signed a long-term contract to supply up to 78MW of electricity to Metalkol SA, major cobalt and copper tailings reprocessing operation in the Democratic Republic of Congo. Metalkol owned by Eurasian Resources Group is a leading diversified natural resources group, also a low-cost hydro-metallurgical facility. The …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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