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FQM CUTS CAPITAL EXPENDITURE AS IT BRACES FOR UNCERTAINTY

COVID-19 has brought unprecedented challenges to communities, industries and the global economy First Quantum Minerals has reduced operating costs and capital spending as it braces itself for the impact of the COVID-19 on the mining sector. The virus has brought unprecedented challenges to communities, industries and the global economy, and …

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Zambian emeralds beam hope to world as birthstone of May

Emeralds have been a beacon of hope across the world since time immemorial. Now Zambia is taking its place as the leading source of these precious gemstones, thanks to the world’s largest producing emerald mine – Kagem – in Lufwanyama, which is owned by Gemfields in partnership with the Zambian …

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FQM BACKS GOVERNMENT COVID FIGHT IN KALUMBILA

Kalumbila Minerals Limited (KML), a subsidiary of mining giant First Quantum Minerals (FQM), has handed over cleaning equipment and personal protective equipment (PPE) worth K620,201 towards Kalumbila District’s COVID-19 preparedness response measures. KML’s donation is in recognition of the adverse effects the threat of the virus is having on the …

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New employment code will hit mining sector hard, say experts

The Zambian government should repeal or at least suspend the Employment Code Act, according to a report by one of the country’s leading economists and a human resource expert. The report further recommends the establishment of a multi-sector Employment and Labour Legislation Taskforce, which should undertake a comprehensive review of …

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MOPANI Copper Mine CEO advised to remain in the country

MOPANI Copper Mines Chief Executive Officer, Nathan Bullock has been refused exit and advised to remain in the country until the recent issue of Mopani Copper Mines Management decisions are clearly understood by government. Bullock had arranged to exit the country through Kenneth Kaunda International Airport but was refused exit. …

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