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CEC lease out tank farm in Chingola

The Copperbelt Energy Corporation PLC (CEC) has put out a notice announcing plans to lease out its fully-fledged Tank Farm based in Luano Area, 18km from Chingola. The facility has three x 1,800,000 litres capacity fuel tanks and auxiliary equipment accessible by both road and rail network. CEC’s decision to …

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IMF projects economic improvement

International Monetary Fund says the country’s economic growth is expected to improve slightly to 3.5 percent in 2017. The Fund said sustaining the high inclusive growth in the future requires sound policies and reforms to improve competitiveness. IMF team welcomed the government’s fiscal consolidation plans which aim at putting public …

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AFR sells Chirundu and Kariba valley properties

Australian mining company African Energy Resources (AFR) has sold its Zambian uranium portfolio to GoviEx Uranium Inc. The deal will unify African Energy’s Chirundu and Kariba Valley properties with GoviEx’s Mutanga project, resulting in contiguous tenements containing combined mineral resources of 15.2Mlb U3O8 in the measured and indicated categories and …

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Government plans expatriates clean up

Government has announced intentions flush out foreigners employed in the mining sector to create jobs for qualified Zambians. Kampamba Mulenga, Chief Government Spokesperson says concerns from the labour movement motivated the decision. She said Zambia has well trained mining experts hence the need for mining houses to employ competent and …

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TAKRAF Africa sees growth in Zambian mining economy

Key global mining, materials handling, minerals processing and equipment supplier, TAKRAF Africa is seeing growing demand in Zambia for a wide range of its technologies, from conveyor and stockyards systems through to dust control and solid liquid separation equipment. With the ability to provide innovative and advanced technologies and equipment …

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