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

On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …

Chilanga Cement’s Chief Executive Officer Jianping Chai said the company will continue to focus on market development both locally and within the SADC region. Chilanga Cement (formerly Lafarge Zambia) has successfully held its 30th Annual General Meeting (AGM) on the 29th March 2022 via Zoom chaired by Chilanga Cement board …

Zambia has explained that it moves to reduce speculative activity and encourage investment in the mining sector by putting a cap on the number of mining licences issued to single firms. Africa’s second-largest copper producer, has announced plans to limit the number of mining licenses a company can hold at …

CEO Mark Bristow of Barrick Gold Corp., the world’s second-largest gold producer, sees an opportunity to expand its copper production in central Africa, particularly now that a pro-business government has taken power in Zambia. Lumwana, a copper mine in northwestern Zambia, is already owned by the company. It considered selling …

Delivering energy savings of up to 60% and an increase in Free Air Delivery (FAD) of up to 21%, (compared to fixed-speed models), Atlas Copco’s the new GA 22 – 37 VSDs (Variable Speed Drive) air compressor range is in an efficiency class of its own. Along with its ultra-efficiency, …