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Glencore to invest $1.1 billion in Zambia, kwacha gains

Glencore will invest over $1.1 billion in Zambia to sink three copper mine shafts with new technology that will extend mine life by over 25 years, pushing the kwacha to its highest in two months. By 1040 GMT (6.40 a.m. ET) the currency of Africa’s number 2 copper producer had …

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Destitute Zambia mineworkers dream of a copper market rebound

Local residents walk along a road leading towards the Mopani copper mine in Kitwe. Maybin Chibale had a steady job for four years at Glencore Plc’s Mopani mining complex in northern Zambia’s Copperbelt Province. Then came the global commodity slump. Now he spends his days drinking beer with former colleagues …

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Stakeholders welcome Chamber of Mines report on Mineral Royalty Tax

The Zambia Chamber of Mines has urged Zambians to download its report on Mineral Royalty Tax, after strong endorsement by leading business personalities, who said the report would promote greater understanding of a complex issue which affects them. The report , A guide to understanding Mineral Royalty Tax (MRT), has …

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Electrical Technologist

Reliant Drilling company is looking for Electrical Technologist Education: Diploma or Degree Competent with Atlas copco machines Work experience: 3 Years work experience Member of EIZ Contact details 4137 Alick Nkhata road Chimwemwe Industrial area Box 20411 Opposite KVTC Kitwe Email: rdl.recruitment@gmail.com

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