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

CEC Africa is being sued for US15 million debt, this is according to media reports that originated from Zambia. According to a cautionary statement made available to this publication by Lusaka Securities Exchange-LuSE, CECA confirmed receiving a letter of demand from Energy Corporation of Ireland on 3 July 2020 for …

With the COVID-19 pandemic triggering a fall in the price of copper , this spelt doom to many Zambian copper miners who depended solely on mining as a source of income. Nevertheless, this is not the case with the Serenje community, whose entire workforce has turned to agriculture. Young Zambians …

According to Mateyo Kaluba, Chief Executive of Industrial Development Corporation( IDC), ZCCM-Investment Holding (ZCCM-IH) should seek its own mines, do explorations and develop mining operations. This will give the company higher stakes in future mining ventures. This comes on the backdrop of a declaration by Zambian authorities that the state-owned …

TODAY’S tensions surrounding Zambia’s mines cannot be blamed solely on their new owners or previous administrations. The current government is creating a climate where the mines are struggling to thrive. The government has imposed an impossible fiscal regime, withheld $1.6bn in unpaid VAT receipts, and accused the mines of tax evasion. …

Christopher Sheppard, the Chief Executive Officer of Zambia’s Konkola Copper Mines (KCM), a unit of diversified miner Vedanta Resources, said the company has closed part of its open-pit mine as a portion of the pit is about to collapse KCM predicted that part of the Nchanga Open Pit in Chingola …