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

Advanced field services, transformer chemistry testing, reliability solutions – these are some of the extra services offered by condition monitoring specialists, WearCheck, in addition to traditional used oil analysis following recent expansion. The company’s advanced field services (AFS) division incorporates specialist monitoring techniques such as rope testing, technical compliance and …

CEC has issued a warning to shareholders that its power supply agreement with Konkola Copper Mines (KCM) had come to an end. According to the company, the contractual lapse removes any contractual obligations for CEC to continue supplying electricity to KCM. The  development comes after KCM had accumulated a debt …

The Vedanta mining company and its Zambian subsidiary, Konkola Copper Mines, accept all the charges brought against them by local people. Thousands of Zambians filed a lawsuit in 2015 against Vedanta in the UK, claiming responsibility for the contamination of soil and water around its Nchanga copper mine in the …

Glencore announced that its subsidiary, Carlisa Investments Corp. (Carlisa), which holds 81.2% of the shares in Glencore, has entered into an agreement with ZCCM Investments Holding plc (ZCCM) to transfer its 90% interest in Mopani Copper Mines plc (Mopani) to ZCCM, which is the owner of the remaining 10% interest …

Last year, Zambia paid a value-added tax refund of 8.5 billion kwacha ($400 million) to mining firms, the head of the tax authority said recently. After it defaulted on a $42.5 million coupon in November, Zambia, Africa’s second-largest copper producer, is negotiating with creditors to try to get debt relief. …