WearCheck

More News

COPPERBELT and Northern Western provinces have for long been known to be Zambia’s mineral lifelines, but, recent discovery of similar and vast reserves in two of the country’s provinces, has cheered the Government. Recently, Copperbelt was renowned to be Zambia’s mineral belt-chiefly reputed for various copper deposit, but, with concerted …

Read More »

Gemstones generates over US$40 million for Zambia

CONCERNS by players in the precious and gemstone industry over the relocation of the auction floor to Zambia unlike the foreign markets are now seemingly been overcome. Early in 2013 President Michael Sata directed that all auctions of the precious metal should be done in Zambia and not outside, a …

Read More »

Emerald miner Gemfields rakes in $31.5 million at Lusaka auction

Emerald miner Gemfields Plc said it sold a little over half a million carats of rough stones at its first high-quality emerald auction in Lusaka, Zambia, raking in $31.5 million. Gemfields, owner of the Fabergé luxury jewellery brand, said it realised an average price of $54 per carat, its highest …

Read More »

FQM projects increased copper production

FIRST Quantum Minerals Limited is expected to ramp up its copper production to 700,000 metric tonnes per annum by 2015 with the completion of Sentinel Mine and increase output arising from the expansions at Kansanshi mine. And First Quantum Mineral head of public relations Godfrey Msiska said once Kalumbila Mine …

Read More »