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SA Court called on in KCM dispute

Vedanta Resources recently obtained an ex parte order in the High Court of South Africa permitting the company leave to institute an urgent interim interdict application against Zambia Consolidated Copper Mine-Investment Holdings (ZCCM-IH). The urgent application served ZCCM-IH and provisional liquidator Milingo Lungu for Konkola Copper Mines (KCM) of which …

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Import duty discussions underway

Zambia’s mining giant, Konkola Copper Mines (KCM) is currently holding discussions with the government regarding import duty as plans to step up production are in the pipeline. KCM corporate affairs manager Eugene Chungu earlier alluded that the Nchanga smelter had been idle pending availability of concentrates stocks. Operations at Nchanga …

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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 …

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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 …

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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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