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

 KTI was selected by Harmony Gold Mining Company Limited (Harmony) to supply and install an ice cooling system at Harmony’s Phakisa mine in South Africa. Harmony is one of the largest gold producers in the world, generating annual revenue of US$1.8billion. Underground mines with depths reaching more than 2400 meters …

Concerns over the revised mineral royalty taxes in Zambia have continued with the country’s leading miner First Quantum Minerals Limited raising fears that the proposals to review the regime will have devastating impact on the country’s mining sector and deter capital investment and new projects. Recently First Quantum Minerals announced …

Yesterday Group R Mining & Exploration Zambia Ltd recorded 300 days LTI-free. LTI stands for Lost Time Injury, which is any injury that prevents any person, staff or contractor, reporting to work on the next shift or next day. Within the underground mining industry this figure is commendable and proves …

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 …