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

Twenty-nine companies placed bids in Aim-listed Gemfields’ second auction of production from its 75%-owned Kagem mine, in Zambia, in the current financial year, with 4.45-million carats of the 5.07-million carats of lower-quality emerald on offer sold, generating $19.2-million. The auction, held in Jaipur, India, from November 18 to 21, marked …

KANSANSHI Mining Plc will spend US$4.7 million to upgrade a 50.4-kilometre road in Solwezi, which will be used to transport silica for the mine’s copper sulphide plant. Recently, the company commissioned a new smelter to process 1.2 million tonnes of sulphide copper concentrates per annum at Kansanshi and Sentinel mines. …

The first two turbines of the Laúca hydroelectric dam on the Kwanza River in Angola are due to start operating in July 2017. The Brazilian company, Odebrecht, is responsible for the project and has announced that the turbines will have the capacity to produce 340 megawatts (MW) each. Kleriston Acácio, …

The Civil Society for Poverty Reduction (CSPR) says economic diversification is a must for the country because depending entirely on the mining sector is not sustainable. According to CSPR vice-board chairperson, Partner Siabutuba, it is not enough for the Government to continually say that the economy would be diversified when …

By Boniface Mwila As the commodity price slump drags on, Zambia shares the inevitable pain with the world’s other resource-dependent economies – and is especially hard hit by its ‘mono-commodity’ status as a nation so dependent on copper. The low copper price – which is leading to the closure of …