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Zambia’s Arc Minerals second season of exploration resumes

Arc Minerals has resumed its second season of exploration activities at its Zamsort and Zaco licence areas in north-western Zambia. Diamond drilling activities will resume over the Fwiji target, where the company already defined the target area through previous exploratory works. Follow-up work at a number of the other target …

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Glencore pays $1.3bn to SA government in 2019

Diversified miner Glencore made payments of $7.7-billion to the governments of countries in which it operates in 2019. This includes $96.6-million paid to the South African government in taxes, royalties and other payments. It paid Argentina $21.6-million, Australia $1.6-billion, Bolivia $10.9-million, Cameroon $5.3-million, Canada $51.4-million, Chad $88.6-million, Chile $235.6-million, Colombia …

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SANDVIK ZAMBIA STEPS UP TO ASSIST IN COVID-19 RELIEF EFFORTS

Sandvik Mining and Rock Technology believe that as a responsible and engaged global corporate citizen, it is critically important to contribute to and have a positive influence in the communities where they are active. The ongoing COVID-19 pandemic poses unique challenges to communities, which is why Sandvik in Zambia have …

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KCM and CEC Power Supply Agreement (PSA)

First established in March 2000 for a period of 20 years(until March 2020) Payment in US$ to be paid offshore to CEC in London Initial obligation for CEC to meet a maximum demand of 250MW with an escalation of up to 300MW provided KCM did not purchase the Nkana Smelter …

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