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Zambia’s efforts to generate revenue intended to sustain its infrastructure and bolster economic growth other than rely on the income from mines, is paying dividends with Government to date, raising US$30 million in toll gate charges. Since the late 1990s Zambia has attracted over US$8 billion in direct foreign investment …

Part of the shaft being sunk Swiss-based commodity trader, Glencore Xstrata’s planned commissioning of the US$323 million synclinorium shaft at its Nkana operations in Kitwe is earmarked for next year as it seeks to boost production. Mopani Copper Mine, Zambia’s second leading producer of copper and cobalt seeks to increase …

“Anything that will ease our transportation of concentrates and other mineral related products to refineries is welcome including the North Western Railway line planned for North Western Province,” says Lumwana Copper Mine, one of the beneficiaries of the US$1 billion-worth infrastructure. The construction of the liner, to be jointly developed …

Vedanta Resources Plc, owners Konkola Copper Mines, a Zambian unit, has asked over 400 squatters living on a mine land and has disbursed K588, 000 to those farming in the same area earmarked for mine expansion. The 402 residents who have encroached in Chabanyama area in Chingola, one of its …

As concern grows over the continued environmental degradation globally, Zambia included, concerned activists have taken one more hindrance step in Africa’s fifth largest country-Democratic Republic of Congo. The Democratic Republic of Congo has halted oil exploration in the Virunga National Park, Africa’s oldest UNESCO-protected national park after global environmental activists …

As Zambia seeks to raise enough revenue to meet various financial obligations including infrastructure development, renowned economic analysts contend the policy deprives the treasury of resources. The Statutory Instrument (SI) number 89, which demands Government slapping a 10 percent export levy on copper concentrates by mining companies to allow maximising …

After lengthy debate by various economic players within and outside Zambia, the International Monetary Fund has added its voice to appeals by the Government not to nationalize Konkola Copper Mines despite its shortcomings in recent years over its operations. In recent years, KCM, one of Zambia’s main copper and cobalt …

  The mining company has since taking over the unit pledged to cut down the emissions from the smelter a gas which will now be converted into production of acid which the company seeks to maximize in its production unlike releasing to the atmosphere. The completion of the upgrade programme …

MOPANI Copper Mines in Mufulira has increased copper production by 2,500 tonnes in the first quarter of 2014 highlighting a growth rate of 10 per cent, a quarterly report has disclosed. Mopani, a subsidiary of Swiss owned conglomerate Glencore Xstrata, produced 27,700 tonnes of copper in the first quarter of …