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

By Obert Simwanza The Zambia Council for Social Development (ZCSD) has said that the proposed amendments to the controversial mining taxes will adversely affect the estimated revenue from the 2015 national budget. ZCSD executive director Lewis Mwape said that his organisation had maintained that the 2015 budget was a disaster …

FINANCIAL and banking expert Makesa Kalifungwa says Cabinet’s decision to do away with the 2015 mining tax speaks volumes about the lack of direction and policy inconsistencies of the PF government. Last month, President Edgar Lungu directed finance minister Alexander Chikwanda and his mines counterpart Christopher Yaluma to review the …

  London-listed Berkeley Mineral Resources (BMR) has scrapped the definitive feasibility study- (DFS-) recommended multispiral gravity separation in favour of leach processing for its Kabwe project’s pilot plant, in Zambia. The shift in methodology for the recovery of zinc and lead from the washplant tailings (WPT) and leach plant residue …

By Obert Simwanza   Zambia’s leading opposition figure Hakainde Hichilema has asked the government to collect what is currently owned by mining investors before seeking to change the taxation system. Hichilema, who leads the largest opposition party – United Party for National Development (UPND) said the government should collect what …

By Hicks Sikazwe Government has backed down over the controversial eight and 20 percent mineral tax effected in January after concerted pressure from mine owners. Following an order by President Edgar Lungu on March 28 to the Ministry of Finance and Mines, Cabinet on Monday approved the changes to the …