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

Gemfields’ stock soared nearly 7% on the JSE yesterday after the supplier of coloured gemstones said that its first ruby auction of the year brought in $95.6 million (R1.6 billion), the company’s all-time high auction income. In intraday trading on Monday, the shares were trading at R3.55. The Gemfields Group, …

The African manufacturing sector has seen fractured growth over the past two years thanks to the complexities of the pandemic and its subsequent economic disruption. This is due to limited resources, impacted supply chains and the limitations of lockdowns, globally. In South Africa, manufacturing production saw a sharp decline month …

Condition monitoring specialist company, WearCheck, has brought their sister company, Set Point Water Laboratories into the fold, adding a new division to WearCheck’s scientific testing structure. The water analysis company is now integrated fully into WearCheck, and forms yet another area of expertise along with WearCheck’s other services, which include …

ZCCM-IH, an investment firm, has announced that it has chosen to outsource the strategic review and determination of Mopani Copper Mines – MCM to a South African unit of Rothschild & Co (another investment firm). When mining expert Edward Simukonda challenged the investment company (ZCCM-IH) and the Industrial Development Corporation …

Zambia Railways Limited (ZRL) has confirmed that it has no plans to introduce electric trains in the railway transport sub-sector at this time. Even though the company is using a system that is currently slow and needs to be redesigned, this is the case. Caristo Chitamfya, ZRL Public Relations Manager, …