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

As copper prices rise from the 2015 slump to reach highs of $6000 a tonne, analysts are optimistic the trend will continue. Investment research houses like Citi Research and Goldman Sachs have issued bullish reports on copper this year – with Citi predicting the price will hit $7 000 a …

World Bank says aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium demand is expected to rise, as the world works towards commitments to keep the global average temperature rise at or below 2°C. In a report ‘The Growing …

Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) and Sinoconst are to build a $548-million cement plant in Ndola. The development is part of efforts to diversify the economy and reduce reliance on the country’s economic mainstay copper mining. President Edgar Lungu said the two companies will raise financing for the project …

Vedanta Resources PLC Zambia operation plans to quadruple copper production in the next 3years. Vedandata PLC trading as Konkola Copper Mines produces an average of 100,000 metric tons annually and plans to push it higher to 300,000 – 400,000 metric tons in the next 3 years after it injects $1billion …

The Centre for Trade Policy and Development (CTPD) has urged Government to reinstate the clause on mineral revenue sharing mechanism (MRSM) in the Mines and Minerals Act to realise the aspirations of the Seventh National Development Plan (7NDP). CTPD acting executive director Isaac Mwaipopo said the 7NDP seeks to improve …