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Kwale performance keeps up – Base

Mineral sands miner Base Resources has reported another solid quarter from its Kwale project, in Kenya, with heavy mineral concentrate (HMC) production up 24% over the previous quarter, from 166 000 t to 206 000 t.The miner said on Friday that a focus on debottlenecking the wet processing plant’s capacity had enabled …

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Yaluma, Mwanakatwe to grace Copperbelt Trade Expo gathering.

Minister of Mines, Energy and Water Development, Christopher Yaluma, and his Commerce, Trade and Industry, counterpart Margaret Mwanakatwe, are expected to lead a high-level government delegation at the forthcoming Copperbelt Mining Trade Expo & Conference (CBM-TEC),  scheduled for May 5-6 in Kitwe. More than 1800 participants including visitors, exhibitors and …

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Adapt to local culture, Chinese investors urged

By Hicks Sikazwe Collum coal mine in Sinazeze, Southern province shut in 2013 for poor safety standards has been opened with a warning to Chinese management to adapt to local culture to avoid conflict. President Edgar Lungu threatened government would withdraw the operating license if the firm did not comply …

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‘Changes to mining taxes to affect 2015 Budget’

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 …

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Expert condemns decision to discard new mine tax regime

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 …

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