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

The world’s single largest producing emerald mine – Kagem in Lufwanyama District – looks set to continue benefitting Zambia for the next 25 years, according to an in-depth technical study of its prospects by independent experts. The estimated reserves at the mine reinforce the company’s potential long-term commitment to Zambia …

Zambia’s under-pressure kwacha fell on Friday, shedding around 2 percent after the country’s finance minister signalled that interventions that have supported the currency since steep declines on Monday would be scaled back. The kwacha fell more than 17 percent against the dollar on Monday, its biggest one-day fall on record, as the price of …

DR Donald Kaberuka says Zambia and other African governments must fix economic policies that are leading to massive job losses in the mines. And Dr Kaberuka, the immediate past president of the African Development Bank, says copper prices at $5,000 per tonne is not a disaster that can lead to …

Zambia – First Quantum Minerals said on Monday that the Zambian power situation is stabalising enough that it anticipates its Sentinel copper mine, in Zambia’s North Western province to begin commercial-level production by the end of the year. Sentinel, which has been in construction by First Quantum Minerals since June …

Zambia’s kwacha went into freefall on Monday, hit by a worsening outlook for key export copper as the metal’s price hit a one-month low, amid fears that mining giant Glencore might further rein in its extensive operations in the country. The currency fell more than 17%, its biggest one-day fall …