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Tanzanian mining firm prepares for battery grade graphite production

Kibaran Resources has completed a Scoping Study for a battery grade manufacturing facility that highlights robust economics and a compelling development case in Tanzania. This follows the company completing in July a Bankable Feasibility Study confirming the viability of a conventional open cut mine and conventional flotation processing plant at …

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Mopani mine accident rescuers retrieve machine, no bodies

RESCUE workers at Mopani South Ore Body have retrieved the machine  that was being used by the four miners who died underground last week. The search for the bodies of the affected miners still continues, although some body parts were found last week. Copperbelt minister Mwenya Musenge said yesterday that …

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Barrick will not pull out of Lumwana

Barrick Gold Corporation of Canada will after all not pull out from Lumwana in Solwezi Northwestern province following government decision to review the 2015 mineral tax. According to mining.com, “Barrack will continue operations at its Lumwana copper mine in Zambia while the government tweaks a new royalty regime.” Last week …

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New mineral tax under review

Government is to review the mineral tax, if possible defer the implementation of the controversial 2015 increase. President Lungu ha since directed the ministries of Finance and Mines respectively to ensure changes are effected by April 8 to forestall a possible crisis in the mining sector. Last year mineral tax …

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Plans by Edgar Lungu

Zambia’s new president to reverse a hike in mining royalties may come too late to revive investment in the sector, with confidence among foreign mining companies shaken and neighbouring Democratic Republic of Congo looking a potential better bet. Eager to fill a hole in its finances, the government said last …

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Kalumbila miners protest over funeral grant

Operations at Kalumbila Mine in Solwezi, Zambia’s newest copper mine, have been paralysed following a protest by workers over a funeral grant for their deceased colleague. The protest was reportedly sparked by First Quantum Minerals (FQM) refusal to award a funeral grant for the deceased worker at the mine which …

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SADC eyes mineral resources to boost regional growth

Countries in the 15-member Southern African Development Community (SADC),seek to review and adopt policies to accelerate economic growth having realised the untapped mineral potential. The 34th Heads of States and Government Summit which goes underway in Zimbabwe’s tourism capital, Victoria Falls from August 17-18 want to review policies to bolster …

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Zimbabwe’s platinum mine faces fall in production

Bimha mine, Zimbabwe’s leading platinum producers dropped production of the metal by 50 percent recently after a major collapse occurred underground in Zimplats, Ambriefonline reported. The collapse art one of the operations underground cist the company 50 percent of the total metal production. The report did not elaborate when the …

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First Quantum Minerals seeks to “Localise” jobs at its Zambian Unit

In what will, if successful, be the first step in ensuring that qualified Zambians are considered for top jobs in line with their skills and abilities since mining started in Zambia over 80 years, Toronto listed miner, First Quantum Minerals Limited, has taken a bold step. According to the company’s …

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Vedanta Resources keen to remain in Zambia

Amid the fray over the alleged underpayment of tax to the Zambian Government coupled with the recent ‘mocking’ of the laxity in mining policies that has seen the company pocket over US$500 million in profits annually, Konkola Copper Mines wants to remain in the copper rich nation for over 50 …

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