More News

African Copper V Conference

Africa’s copper potential continues to hold the interest of the global mining community. Zambia and DRC are striving to meet higher production targets and supply is growing in countries such as Botswana and Namibia. Progress is being made to overcome the logistical, infrastructure, political and social hurdles, and – despite …

Read More »

Zambia forecasts lower growth

Lusaka – Zambia expects slower economic growth and a bigger fiscal deficit this year as weak global demand for copper hits exports, documents released by the Ministry of Finance on Sunday show. Global commodity prices have dropped sharply on concerns that China’s economy is slowing after years of rapid development …

Read More »

Mines advised to place new focus on innovation and technology …

The mining industry is “far behind” in terms of using technology and innovation to deal with industry-related challenges such as dropping ore grades, high-energy costs and lack of reliable energy supply, says bespoke mining enterprise software engineering solutions developer Stone Three Mining Solutions CEO Louis Marais. He says Stone Three …

Read More »

Mopani lays off 19 expatriates

NINETEEN expatriate employees at Mopani Copper Mines (MCM) have been laid off after a review of operational requirements for expatriate labour. The 19 were shed off from the list of the mining firm’s expatriates yesterday. MCM public relations manager Cephas Sinyangwe confirmed the development in a statement issued in Kitwe …

Read More »

Zambia to Cut Deficit Next Year Even as Growth Prospects Dim…

Zambia plans to narrow its budget deficit to about 5 percent of economic output next year even after lowering its 2015 growth forecast for the second time since June. The shortfall will shrink from an expected 6.9 percent this year, Deputy Finance Minister Christopher Mvunga said in an interview at his …

Read More »