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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 …

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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 …

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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 …

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FQM’s tax contribution report for 2018

A report availed to the media has indicated the percentage of tax contributions by First Quantum Minerals (FQM) in the year ended. The just published 2018 Tax Transparency and Contributions to Government Report for First Quantum Minerals (FQM) has revealed that the mine paid more than US$533 million (K5.6 billion) …

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