More News

CSO records highest inflation rate midyear

According to the data from the Central Statistical Office (CSO), the inflation rate in June this year has increased to 8.6 percent from 8.1 percent recorded in May this very year. The CSO acting Director of Census and Statistics Iven Sikanyiti made mention that this was mainly ascribed to the …

Read More »

KAGEM PREDICTS RISE IN EMERALDS DEMAND

  KAGEM Mining has predicted an increase in the demand for Zambian coloured gemstone in the world. Gemfields and Kagem chief executive officer Sean Gilbertson said responsible sourcing of coloured gemstones was receiving increased attention. “Coloured gemstones were progressively becoming more valuable to consumers on the international market compared to …

Read More »

New Mining Code anniversary at DRC Mining Week 2019

The DRC Mining Week is a significant event at which key players in the mining sector can engage. With an august gathering of government officials and key mining individuals both locally and internationally, the event marks the 15th anniversary of the largest mining event in the DRC. The official opening …

Read More »

Zambia’s mining tax regime ranked highest-FQM

The First Quantum Minerals (FQM) Head of Government Affairs, John Gladstone made mention that Zambia’s current tax regime for the mining sector is unappealing to potential investors more especially when placed along fellow copper mining countries globally. Among the copper mining countries include Chile, the Democratic Republic of Congo and …

Read More »

Date set for recommencement at Nchanga Smelter

Plans to restart the Nchanga smelter by Konkola Copper Mines (KCM) are already underway as the proposed date is the 22nd of June 2019. KCM which is owned by Vedanta Resources made mention that Nchanga smelter, located close to Zambia’s boarder with the Democratic Republic of Congo has been loafing …

Read More »