Recent News

According to the Zambia Chamber of Mines, Copper producers in Zambia are ready to start $2 billion expansion projects next year if they can reach a royalties agreement with President-elect Hakainde Hichilema’s new administration. Companies such as First Quantum Minerals Ltd. and EMR Capital are ready to raise capital for …

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …

Hexagon’s Mining division has partnered with Fatigue Science, a leader in fatigue and performance predictive analytics and fatigue management information systems. Combined with its real-time operator alertness and collision avoidance solutions, Hexagon will now be able to help customers further protect and optimize their people and equipment with Fatigue Science’s …

A mines ministry official said on Thursday that Zambia’s Konkola Copper Mines (KCM) has not been temporarily or permanently closed, denying a Bloomberg story about the copper mine previously operated by India’s Vedanta Resources. According to Bloomberg, Zambian mines ministry permanent secretary Barnaby Mulenga said on Wednesday that the Konkola …

Zambia’s president, Edgar Lungu, promised mining investors on Thursday that his country would create a more streamlined tax administration system to make it easier for them to do business. Zambia’s mining tax regime has been a thorny problem since the privatization of mines in the early 1990s, said Edgar Lungu …

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 …

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 …

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 …

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 …

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 …