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Chingola’s disused mine land gets regeneration

Konkola Copper Mines (KCM) and BetterWorld Energy Zambia have started rehabilitation of disused mine-land outside the Copperbelt town of Chingola. The project funded in partnership with donor agencies and other financial institutions, will see the planting of 400 000 of the trees over the next three years. The disused mine-land …

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Improved copper price boast Chibuluma’s financials

Chibuluma Mines’ continued focus to contain cost and improve operational efficiency has recharged the company to profit making. The company’s six month results to June 2017 also attribute positive operation to increase in copper prices. “The notable increase in the average selling price of copper over the period substantially assisted …

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Now legal to pan for gold – Chilufya

Government has announced intentions to issue two-year permits to small scale gold panners. The development comes, following the Ministry of Mines and Minerals Development’s (MMMD) plans to make legal the ancient method of gold mining. Willy Chilufya, Head of Mineral Economics at MMMD recently declared that issuing gold panning certificates …

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Illegal miners push KCM to free copper waste dumps

Illegal small-scale miners operating within Konkola Copper Mines’ area have appealed to government to compel the miner to let go copper waste dumps to avert illegal mining activities. Commonly known as Jerabos, the illicit miners want government to force KCM to discharge overburdened dumps. Martin Kalunga, Chairman of the Big …

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Economic recovery to prop up Puma volume sales

Petroleum outfit Puma Energy is optimistic that recovery signs the country is experiencing will boost the firm’s sales volume going forward. According to the company interim results for the first half of the year, various economic fundamentals have recorded positives. “Despite the down turn in fuel consumption in the industry, …

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