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Konkola Copper Mines -KCM- has started handing over more than four thousand miners to a private Chinese investor JHX and many others. All the miners at Konkola Shaft three in Chililabombwe have been handed over to JHX under the outsourcing business development model the mine is implementing in a move …
Read More »CEC diversifies energy mix
The Copperbelt Energy Corporation (CEC) will actively contribute and support Government’s goals by diversifying the country’s energy mix through investment in alternative sources of power. Currently, the company has agreed with the Copperbelt University to make the solar plant available to the university as part of its corporate social responsibility …
Read More »ZRL to modernise operations
Government has finished feasibility studies on two routes of the Zambia Railways Limited (ZRL) to modernise its operations. In this vein, Government is in discussion with two Chinese railway companies that were engaged to conduct feasibility studies for ZRL. Minister of Transport and Communication Brian Mushimba said the two companies …
Read More »EAZ calls for stabilisation fund establishment
Government has been challenged establish to a mineral stabilisation fund. The Economics Association of Zambia (EAZ) says authorities should take advantage of the current rise in copper price to establish the fund. Herryman Moono, EAZ National Secretary said the mineral stabilisation fund will be used to save revenue from the …
Read More »Copper production forecast remains positive, despite power challenges
Strong copper prices and support extended to the industry by government are expected to drive copper production growth, despite ongoing power shortages, this year. Statistics from the central bank indicate that copper production reached 362 000 t by June 30, down slightly from the 367 000 t produced in the …
Read More »CEC restore full power to Mopani Copper Mines
Copperbelt Energy Corporation (CEC) has agreed to restore power to Glencore’s Mopani Copper Mines. The deal was reached after lengthy consultation to restore full power supply to the mine from Wednesday, the president’s office said. Amos Chanda, Presidential Spokesman said details of the agreement facilitated by government will be finalised …
Read More »ZEMA receives Mushindano cobalt mine EIA
Afrique Nama Mining Limited (ANML) has announced intentions to develop a US$10 million cobalt mine in Mushindano district. ANML has submitted an environmental impact assessment (EIA) report to the Zambia Environmental Management Agency (ZEMA) ahead of the development. The project is to construct a mineral processing plant to process copper …
Read More »Mopani, CEC tussle affect employees
Mopani Copper Mines (MCM) has de-activated over 1,000 electronic access cards for employees engaged by companies whose contracts have been suspended by the mining firm, the Zambian Daily Mail has reported. The development comes after Copperbelt Energy Corporation (CEC) has restricted power supply to MCM following a contractual dispute between …
Read More »CEC to supply Dangote industries with more power
Copperbelt Energy Corporation Plc (CEC) has announced plans to undergo an Environmental and Social Impact Assessment (ESIA) study ahead of expanding a power supply services to Dangote power station. The development will allow extra capacity supply to Dangote power station owned by Dangote Industries Zambia which supplies power to Dangote …
Read More »Kansanshi Mine remains resilient
First Quantum Minerals’ Kansanshi Mine has posted positive results despite operational challenges, declining ore grades and the need to contain costs The company’s 2016 financial results confirm its status as Zambia’s flagship copper mine. Kansanshi maintained its position during 2016 as Zambia’s largest copper producer (250 000 tonnes), one of …
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