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

Mining is being squeezed between low commodity prices and rising expectations from government and civil society, but is still struggling to find practical strategies out of this predicament, according to SRK Consulting (SA) chairperson and corporate consultant Roger Dixon. Commenting from the African Mining Indaba held in Cape Town recently, …

ZESCO’S performance has been poor, energy minister Christopher Yaluma said yesterday after announcing the appointment of Victor Mundende as Zesco’s new managing director. Mundende has replaced Cyprian Chitundu, whom Yaluma said would be redeployed in the Ministry of Energy. The changes at Zesco management comes barely two days after Yaluma …

TRANSPARENCY International Zambia says the false reporting of copper exports by the Central Statistical Office is an indictment on the competence and capacity of the institution. Last week during the signing of an MoU on a new Mineral Value Chain Monitoring Framework with six government ministries, Norwegian Ambassador to Zambia …

KONKOLA Copper Mines still owes ZCCM-IH over US$59 million under a Settlement Agreement that was signed in February 2013, according to the latest Auditor General’s report. The Auditor General’s Report on Accounts of Parastatal Bodies and other Statutory Institutions for the 2013 financial year stated that the mining company did …

LUSAKA — Zambia’s new president Edgar Lungu on Thursday re-appointed Christopher Yaluma as mines minister in Africa’s second-largest copper producer, to help end a row with mining companies over new royalties and tax refunds. The simmering disputes, coming at a time when copper is near 5½-year lows and economic growth …