Recent News

ZEMA dispels water pollution rumours

Pollution of the natural environment is generally viewed as an inherent consequence of the complexity of large-scale commercial mining, which often negatively affects communities when harmful emissions find their way into the environment. To minimise the negative impact on the environment, First Quantum Minerals’ Kansanshi Mining has established a pioneering …

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Construction of the Multi-million dollar Hydro-power stations in Kawambwa to start in March 2019

Construction of the US$770 million Kabwelume and Kundabwika hydro power stations and a transmission power line is scheduled to start in March 2019. When completed and fully operational, the two hydro power stations will generate a total of 163 megawatts (MW). The two projects, which will be undertaken by the …

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Zambia’s copper output up 10.4% year on year in September

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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Close to 1,000 miners to lose jobs at Mopani

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 …

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Zambia chamber of mines opposes proposed mining tax regime

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 …

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CEC to supply 78MW of electricity to Metalkol SA

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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First Quantum given time to solve $7.9bn tax row

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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Precision networking key to mining efficiency

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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CEC divest from Liquid Telecommunication

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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What to expect at CAMINEX 2018

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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