Zambian Mining News The Premium Source of Information on The Zambian Mining Industry

Toronto Stock Exchange listed Peregrine has sold its diamond interest in Botswana to UK’s Diamond Exploration Strategies (DES). The company announced that it has entered into an agreement to transfer all of the shares of Diamexstrat Botswana, a 100%-owned subsidiary of Peregrine engaged in diamond exploration and development in Botswana …

Zesco intends to end emergency power imports from Mozambique in the first quarter of next year, officials from the company have revealed. Webster Musonda, Zesco Director of Transmission said power generation had improved to meet the utility company’s requirements. “By and large we will be able to meet our own …

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 …

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 …

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 …