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

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 …

Despite being one of the smallest provinces the Copperbelt province is faced with enormous deforestation and forest degradation challenges attributable to being one of the most densely populated provinces. This sad state of the natural environment has caught CEC’s eye and, consistent with its values, the Company is doing something …

Trident Resources has acquired a gross revenue royalty (GRR) over production from Moxico Resources’ Mimbula copper mine, in Zambia, as well as over associated stockpiles, for $5-million in cash. Trident is entitled to royalty payments on production starting from July 1 and extending in perpetuity. Moxico is a private company, which is rapidly …