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UK express interest in Zambia’s copper mining

Moxico Resources (IPO-MOXI.L), a British company, proposes to invest $100 million in Zambia’s Mimbula copper mine, according to UK Minister for Africa Vicky Ford. Ford stated in a statement released by the British High Commission in Zambia while on a visit to the country that the investment will result in …

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Copper Price Rising amidst China Lockdown

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 …

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Chilanga Cement to consolidate local and regional market development

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 …

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