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

FIRST Quantum Minerals says the mining fiscal regime will put the company’s ability to meet various debt financing obligations at risk, which would curtail expansion programmes and halt further investment. And FQM, the owners of Kansanshi Mine in Solwezi, has recorded a decrease in gross profits for the 2014 financial …

ZEMA has deferred the approval of KCM’s slag dump project because the mining giant has failed to provide information on radioactive materials associated with the project. And the Zambia Environmental Management Agency has approved 43 projects, deferred 13 in mining and quarry-related projects and rejected two project proposals. In a …

“THE revised mines and minerals Act will guarantee participation of Zambians in mining”, says mines minister Christopher Yaluma. Yamula plans to present the revised law to Parliament, which resumes its sitting today.“We have concluded everything and it will be tabled before Parliament,” he said. The revised law was due to be presented …

THE Jesuit Centre for Theological Reflection has called for good leadership and consistent economic policy from the new government over mine taxes.JCTR stated that leadership exhibited on the impasse surrounding the new mining tax regime does not inspire confidence and is a source of concern. JCTR wondered if the new …

NATIONAL Council for Construction executive director Charles Mushota says the government should this year award more contracts to local contractors in the road sector to help salvage the falling kwacha. And Mushota says the National Council for Construction (NCC) has this year put aside K8 million for 21 training programmes …