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$34.9m grossed from Lusaka emeralds auction

GEMFIELDS Plc chief executive officer (CEO) Ian Harebottle says the company realised US$34.9 million from the auction of higher quality rough emeralds from Kagem mining Limited held in Lusaka recently. Mr Harebottle said early during the week that this was the second highest revenue mark achieved by Gemfields at any …

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‘Dismiss Dangote defamation lawsuit’

Zambia’s Labour Minister Fackson Shamenda has asked the High Court to dismiss a defamation lawsuit by Dangote Industries Zambia Limited. Mr Shamenda said the Dangote lawsuit should be set aside because it was wrongly taken to court. Dangote Industries Zambia Limited sued Mr Shamenda for slander and libel. The company …

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Zambia’s Nchanga smelter resumes operations

After shutting down for a month to allow maintenance works, operations at Konkola Copper Mine’s (KCM) Nchanga smelter in Chingola have resumed. KCM undertook maintenance works at the Nchanga smelter to boost production, and operations at the facility had since resumed, after successfully completing the exercise. Vedanta Resources chief executive …

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Mining licence granted – Zambia’s Kitumba Project

Blackthorn Resources Limited has been granted a large-scale mining licence for the company’s flagship Kitumba copper project in Zambia. According to Mining Africa Year Book latest updates the mining licence was granted for an initial 25-year period. The Kitumba Project is located in west-central Zambia, about 200km northwest of the …

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