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

LSE-quoted Kenmare Resources is working to restore full power to its Moma titanium minerals mine, in northern Mozambique, after floods damaged the power line supplying grid power. The titanium minerals producer said it was operating diesel generators to continue processing heavy minerals concentrate, magnetic and nonmagnetic concentrate stocks and exporting product, with any available power supply alternated between the mineral separation plant and wet concentrator plant …

FELIX Mutati says Zambia has a chance to avoid an energy crisis by making power tariffs cost-reflective to attract private sector investments in the electricity sector. And chairperson of the parliamentary committee on economic affairs, energy and labour, Kennedy Hamudulu, says Copperbelt Energy Corporation has taken a bold move to …

As could be expected, the Zambian government’s recent raising of mining royalties – replacing the 30% corporate income tax on mines – has been the focus of much media attention. However, little of this coverage has touched on the essential issue of building a more constructive relationship between mining companies …

MINE suppliers and contractors have warned mining companies against using the new tax regime to penalise them. Mines Suppliers and Contractors’ Association president, Augustine Mubanga, said the new tax regime should not be used as an excuse to delay payment as well as discard local suppliers and contractors. The Chamber …

Further cutbacks and overall production stagnation are anticipated in Zambia’s mining industry in 2015 if global copper prices do not recover, says a latest Standard Chartered research report. According to Standard Chartered’s On the Ground report following the 2015 mining indaba held in Cape Town last month, Zambia’s new royalty …