Zambian Mining News The Premium Source of Information on The Zambian Mining Industry

An analysis of existing data on the supply of rubies and emeralds, according to gemstone miner Gemfields, reveals the “alarming” extent to which host-mine countries are being robbed of the true value of their coloured gemstone resources. Artisanal mining, both formal and informal, extracts the vast majority of coloured gemstones, …

The invasion of Ukraine by Russia triggered a global chain reaction of humanitarian, diplomatic, and economic crises. These aggravated the existing crises, which Covid-19 had exacerbated. The value of nickel skyrocketed as a result of these chain reactions. The price of the precious metal, which is used in the manufacture …

The oil and gas industry faced a tough year in 2021. According to The State of African Energy 2022 this was a result of a drop in global demand, which resulted in a fall in oil prices. This led to companies cutting budgets and delaying future projects. The sharp slowdown …

According to a statement released by the country’s Official Receiver on Thursday, Milingo Lungu, the provisional liquidator of Zambia’s Konkola Copper Mines (KCM), has been suspended. Zambia’s previous government, which owns 20% of KCM through state-owned mining investment firm ZCCM-IH, turned the company over to Lungu in 2019, reigniting a …

According to a statement released by the country’s Official Receiver on Thursday, Milingo Lungu, the provisional liquidator of Zambia’s Konkola Copper Mines (KCM), has been suspended. Zambia’s previous government, which owns 20% of KCM through state-owned mining investment firm ZCCM-IH, turned the company over to Lungu in 2019, reigniting a …