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

Lusaka Stock Exchange approved an application by Copperbelt  Energy Corp., shareholders,  to buy more shares (Rights Offer) in their company to increase their stakes, following a declaration made in December last year. The shareholders want to purchase 625, 000, 000 new shares in addition to the existing 1,000, 000, 000 …

MORE than 1,000 unionised workers at Lumwana Copper Mines,a unit of Barrick Gold Limited have received an 11 percent wage increase with immediate effect, the Zambia’s mining union’s general secretary Joseph Chewe says. The upward adjustment for the miners, which comes into effect immediately has been the fruits of protracted …

Copper production in Zambia, Africa’s top producer of the red metal, grew 20 percent in the first quarter 2014 compared to a year earlier, raising hopes of a resurgence in the industry. Copper outturn rose to 174,407 tons in the first quarter 2014 compared with 170,948 tons mined by various …

Majority of miners in Zambia, Africa’s leading copper producer fail to contribute revenue to Government because of low wages, the Post reported, citing Mining workers Union of Zambia. Majority of the lowest paid miners in the copper industry get salaries below K3,000 (US$150), making it difficult for the government to …

Mila Kunis, a renowned actress at the Hollywood, has reaffirmed Gemfield Zambia Limited’s reputation as a global leader and supplier of responsibly sourced coloured gemstones precious metals when she wore emerald jewellery at the 71st Golden Globe Awards on Sunday night in Los Angeles. Kunis, who previously won a Golden …