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

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 …

THE Lusaka Stock Exchange has posted a huge trade turnover of K581 million due to the massive revenue contributed from the sale of government’s shares in ZCCM-IH. According to the LuSE monthly news bulletin for June 2015, total trade turnover on the local bourse was K581 million, up from K41.7 …

The new Pirtek mining service vehicle complements the current fleet of mobile service vehicles in the Northern Cape operating from Kathu, Postmasburg and Upington Fluid transfer solutions and on-site repairs provider Pirtek Northern Cape has introduced the first dedicated Pirtek mining service vehicle onto the South African market. The new …