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

African Copper Plc’s ZCI Limited, has entered into an additional loan facility of $2.5 million to be provided to its subsidiary, Copperbelt Development Foundation (CDF), according to African Mining.com ZCI entered into the additional agreement to provide CDF with further working capital for the Mowana Mine facilities. The facility will …

Eastern Platinum Limited says it has concluded an agreement with Hebei Zhongbo Platinum Company Limited to buy Eastern Platinum’s entire South African platinum group metal business. According to African Mining.com, the acquisition is for a total consideration of $225 million in cash. The acquisition will include all major interests held …

Operations at Kalumbila Mine in Solwezi, Zambia’s newest copper mine, have been paralysed following a protest by workers over a funeral grant for their deceased colleague. The protest was reportedly sparked by First Quantum Minerals (FQM) refusal to award a funeral grant for the deceased worker at the mine which …

Lucapa Diamond Company is poised to start alluvial diamond mining at its Lulo concession in Angola’s Lunda Province. According to a statement obtained by the Zambian Mining Magazine, the company said it was evaluating several debt financing options to fund the mining operations. It said the financing options in question …

SNC-Lavalin has increased its engineering and construction capabilities in Africa with the recent acquisition of Kentz. Southern Africa SNC-Lavalin managing director Graeme Johnson said the acquisition ultimately enhanced the company’s ability to provide additional services and carry complex projects. “We are growing due to the broader focus this has given …