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

On Saturday, 25 July, Zambia power reductions were initiated and electricity supply to First Quantum Minerals’ Kansanshi operation, including the smelter was reduced to 117 MW from the steady-state level of 153 MW. This is following the company’s notice receipt three days prior from ZESCO, Zambia’s state-run power company, of the declaration of Force Majeure for …

Zambia power cuts feed copper supply worries, lift pricesPower restrictions could hit output at First Quantum’s Kansanshi mine. (Image courtesy of First Quantum)Copper prices were on their way up Tuesday, after touching a six-year low the day before, as Zambian power utility Zesco Ltd announced power supply cuts that will …

LONDON-Global mining company Anglo American will shed about 6 000 jobs in the next couple of years as it fights rapidly deteriorating market conditions that have dragged its shares down to a 13-year low this week. The company, which posted a steep fall in first-half profit hurt by a rout in …

FOUR miners are feared dead at Mopani Copper Mines in Kitwe after an underground collapse. The accident happened early yesterday at SOB, 3240 metre level. Highly-placed sources identified the victims as Emmanuel Kyongola, Honest Mushota, Arnold Mambwe, all machine operators, and Abel Munthali, a workman.    “What happened is that …

 The Namibian government and diamond miner De Beers on Tuesday announced the agreement, in principle, of the terms of a new ten-year sales agreement for the sorting, valuing and sales of all diamonds produced at the Namdeb and Debmarine operations, in Namibia. Once finalised, the agreement would become the longest …