More News

Chamber of Mines, manufacturers join hands over equipment

By Hicks Sikazwe The source of mining equipment continues to be a concern in Zambia especially now with the fall in the value of the Kwacha, the local currency, against the US dollar. Other than those suppliers to the industries have also complained of a drop in contracts fearing that …

Read More »

Mining firm studies battery grade graphite production in Tanzania

 KIBARAN Resources has started a high level study into the production of battery grade spherical graphite from its Epanko Project within the broader Mahenge Project in Tanzania. This will also evaluate the feasibility of establishing a spherical graphite manufacturing facility in Dar es Salaam. Recent testwork confirmed that both the …

Read More »

New mineral tax under review

By Hicks Sikazwe Government is to review the mineral tax, if possible defer the implementation of the controversial 2015 increase. President Lungu ha since directed the ministries of Finance and Mines respectively to ensure changes are effected by April 8 to forestall a possible crisis in the mining sector. Last …

Read More »

Mines still required to produce export documentation – ZRA

ZAMBIA Revenue Authority commissioner general Berlin Msiska says mining companies pushing for the accumulated VAT refunds will still have to produce export documentation because “law is law”.  Last month, the government relaxed its rules on the documentation mining exporters need to claim tax refunds. The row over how mining companies …

Read More »

Aurecon clinches US 200m Zesco power upgrade contract.

Zambia Electricity Supply Corporation (ZESCO) has awarded Aurecon a $200m contract to provide engineering, design and construction supervision services.The World Bank funded project will improve Transmission and Distribution Rehabilitation in Lusaka.The Zambia capital is regarded as the second fastest growing city in Africa. Its Electricity demand has grown at 6% …

Read More »