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Queensland Bauxite Buys into Mozambique Coal Licences

 Australia Stock Exchange -listed Queensland Bauxite on Tuesday announced that it would buy an interest in two Mozambique coal exploration licences in the Zambezi basin, close to majors such as Vale and Rio Tinto. The junior said it had signed a binding term sheet with Australian unlisted company Regius Coal …

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4th Zambia International Mining & Energy Conference & Exhibition

24-25 June 2014, Lusaka, Zambia www.ZIMECZAMBIA.com Lusaka, March 2014 – Organised by AME Trade in association with the Ministry of Mines, Energy and Water Development and the Association of Zambian Mineral Exploration Companies  Zambian business environment), ZIMEC is now in its fourth edition. The 2013 edition attracted 482 participants and …

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Civilstruts to buy off Collum Mine assets

CIVILSTRUTS Consortium Limited, an indigenous Zambian firm, has agreed to buy off all core mining assets of the Collum Coal Mine. According to an assumption of debt agreement signed between Civilstruts Consortium Limited and Collum Coal mining industries Limited on February 22, 2014, Civilstruts agreed to acquire 100 per cent …

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CEC happy with revocation of SI 33

COPPERBELT Energy Corporation says the revocation of SI 33, which banned the use of foreign currency in local transactions, will help expedite sourcing of finances for the Kapombo Hydropower project. Copperbelt Energy Corporation managing director for operations, Owen Silavwe, said revocation of Statutory Instrument 33 would ease some of the …

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