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

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 …

At least $14.5 million has been realized at the seventh Kagem local auction of precious stones held in Lusaka last month, Gemfields, has announced. Chief Executive Officer Mr. Ian Harebottle said the stones auctioned were of lower quality rough emerald and Beryl from Kagem mine in Ndola rural. “”We’ve set …

Angola’s national diamond company Endiama this year plans to purchase gold to make jewellery from the Central African Republic, the Democratic Republic of the Congo, Niger and Mali, the company’s chairman said in Cape Town. Sumbula told a group of investors at the International Conference on Mining Investment in Africa …