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

The Zambia Chamber of Mines has expressed concern with the revised mining tax regime in the 2015 budget and fears it will stifle growth in the industry which looks up for growth and increased copper output in the coming years. The Chamber which is in the midst of seeking relief …

In the recent 2015 budget speech last Friday, Finance Minister Alexander Chikwanda announced said ,that the Government would increase underground mining royalties to 8% from 6% as part of an effort to revamp the industry’s tax system. The new 30% corporate processing and smelting tax introduced aims to maximise revenue …

Zambia has unveiled the budget in the legislative house for next year’s expenditure with the country expected to utilise an estimated K47 billion in various sectors and programmes during the fiscal year. Addressing lawmakers, finance minister Alexander Chikwanda stated that the Government envisages to spend 25 percent of the total …

Alexander Chikwanda, Zambia’s finance minister, Michael Gondwe, Zambia’s central Bank Governor and the Zambia Development Agency are among nominees for Africa’s top renowned awards in ‘excellence’. The three-some, who fall under the 17 categories that include Global Investment Personality of the Year, Best Initiative in Support of SMEs and the …

Metso has delivered a second D9 Apron Feeder, similar to the original Metso machine to Kumba Iron Ore in record time. This particular D9 machine is 3.66m wide, (5.5m including Head shaft), over 12.0m in length and weighs 108 tonnes when fully assembled, greater than the capacity of the EOT …