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Sentinel Kalumbila mine aim to start production in 2013

First Quantum Minerals Limited forecasts to produce 300,000 tons of copper by the end of this year at its ‘Greenfield’ Sentinel Kalumbila mine by the end of this year, a mine official says. The Sentinel mine, part of the US$2 billion Trident project located west of Solwezi in North-Western Province, …

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Swaziland mining sector grapples with worker crisis

Reminiscent of South Africa’s raging labour unrest, Swaziland is experiencing a mining sector worker crisis, relative to the small country’s equally small mining industry, a report says. The traditional country’s mining problems have a unique African flavour. Chiefs and their councils have been implicated in allegations of bribery by would-be …

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Paragon Diamonds to raise its stake in

Paragon Diamonds seeks to conditionally increase its interest in the Lemphane Kimberlite project in Lesotho, owned by Meso Diamonds, to 100 percent from 85 percent. The company, which already has projects in Lesotho, Botswana and Zambia, said it is moving toward the stage one mining development phase at the Lemphane …

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Chamber of mines clarify windfall tax

The Chamber of mines of Zambia, a consortium of foreign mining companies operating in the country are not opposed to the principal of the windfall tax but how it is applied in the industry, says its President, Emmanuel Mutati. The consortium says while it supports the tax regime, mining companies …

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Mining regulatory framework ‘lopsided’ – LAZ

The legal and fiscal regulatory regime in the Zambian mining sector favours the Government at the expense of other players and there is need to harmonise it to maximize real returns for all players, a legal body has observed. Various reviews undertaken to streamline mining operations from 1993 at the …

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