More News

Zesco aims to cut power by 30% to the mines

LUSAKA – Zambia, Africa’s No.2 copper producer, plans to cut power supplies to mines by up to 30% as early as next week, after water levels at its hydro-electric projects dropped due to drought, industry sources told Reuters on Tuesday. The plan, still under discussion with the industry, will see state-run power …

Read More »

Musukwa pledges increased communication with the mines

MINES deputy minister Richard Musukwa says the government is determined to forge communicative linkages with the mining sector to ensure policies are well structured and more predictable. Meanwhile, Mopani Copper Mines scooped seven awards at the Zambia Chamber of Mines mining awards gala in Lusaka. Speaking at the second Zambia …

Read More »

Zambia aims to cut power to mines by up to 30%…

Lusaka-Zambia, Africa’s No.2 copper producer, plans to cut power supplies to mines by up to 30% as early as next week, after water levels at its hydro-electric projects dropped due to drought, industry sources said on Tuesday. The plan, still under discussion with the industry, will see state-run power company …

Read More »

Gemfields Singapore auction yields $29.3m

Coloured gemstones miner Gemfields earned $29.3-million from the sale of rubies mined at its Montepuez deposit, in Mozambique. The Aim-listed company’s fourth auction of rough rubies from Montepuez, saw 46 companies placing bids, with the auction realising an average price of $617/ct. The auction, which took place from June 16 …

Read More »

Govt tells KCM to delay processing of copper concentrate from Chile

LUSAKA – Zambia has asked Vedanta Resources’ Konkola Copper Mines (KCM) to delay the processing of copper concentrate it imported from Chile until it puts in place safety measures to avoid pollution, Zambia’s deputy minister of mines said on Thursday.KCM said on June 3 it had imported its first semi-processed copper …

Read More »