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Arc Minerals director and executive chairman, Nick Von Schirnding, believes that a name change, new leadership and a sole focus on a single commodity has put AIM-listed Arc Minerals on a strong footing to progress its copper assets in Zambia. Von Schirnding, who has more than 25 years’ experience in …

Zambia and Swiss-based Glencore are at “cross purposes” over Mopani and ZCCM-IH aims to increase its shareholding in Mopani to 51% “or even more”, from 10% currently. This is according to Zambian Mines Minister Richard Musukwa who announced this recently. According to two sources close to the proceedings, Glencore is likely …

It is reported that Zambia seeks to control  Mopani Copper Mines by claiming a bigger stake in Glencore’s majority-owned company. Glencore owns 73.1%, First Quantum Minerals 16.9% and ZCCM-IH, Zambia’s mining investment arm, 10% of the operation, which was shuttered briefly earlier this year. Mines minister Richard Musukwa told press …

Stabilising operations, maintaining workforce and production have become a difficult task for the mining sector amid the COVID-19 pandemic and an unfavourable mining tax code, but FQM has so far achieved mostly positive results Global mining giant First Quantum Minerals (FQM) has maintained jobs and production at its operations in …

Africa’s second-largest copper producer, Zambia, has faced hurdles to export its copper amid the COVID-19 pandemic as it is a landlocked country which needs to use ports in other countries situated near the seacoast like South Africa. The country’s copper exports to China have been affected by COVID-19 lockdowns imposed …