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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 …

Jubilee Metals, an Aim and AltX-listed metals processing company, has received notice from ACAM that it will convert its remaining convertible loan notes, totalling $7.8 million (£5.89 million) in principal debt and accrued interest, into new ordinary shares. According to the company, the ACAM convertible loan note was instrumental in …

Restoring confidence in Zambia as a mining investment destination and diversification of the mining industry in Botswana and pushing for greater innovation in the sector are set to be key messages at the upcoming 2022 Investing in African Mining Indaba. The President of Botswana, Dr Mokgweetsi Eric Keabetswe Masisi, is …

GoviEx Uranium has explained that every year, more uranium is consumed than produced, and higher incentive prices are required to support new supply GoviEx Uranium is the developer of Mutanda Uranium mining project has indicated that it plans to start actual uranium mining in Zambia in the next five years. …