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KCM relocates 402 Chingola squatters

Vedanta Resources Plc, owners Konkola Copper Mines, a Zambian unit, has asked over 400 squatters living on a mine land and has disbursed K588, 000 to those farming in the same area earmarked for mine expansion. The 402 residents who have encroached in Chabanyama area in Chingola, one of its …

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Environmentalists halt oil Exploration in DR Congo national park

As concern grows over the continued environmental degradation globally, Zambia included, concerned activists have taken one more hindrance step in Africa’s fifth largest country-Democratic Republic of Congo. The Democratic Republic of Congo has halted oil exploration in the Virunga National Park, Africa’s oldest UNESCO-protected national park after global environmental activists …

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Debate on mining taxation under SI 89 continues

As Zambia seeks to raise enough revenue to meet various financial obligations including infrastructure development, renowned economic analysts contend the policy deprives the treasury of resources. The Statutory Instrument (SI) number 89, which demands Government slapping a 10 percent export levy on copper concentrates by mining companies to allow maximising …

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TECHNOLOGY HELPS TO KEEP MINEWORKERS COOL

Writer: Kim Cloete Mobile units which cool the air in remote underground areas like mines are helping to provide a more comfortable working environment for workers who don’t have access to chilled water for cooling. M-Tech Industrial programme manager, Dr Martin van Eldik, says the Enerflow units are unique in …

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Don’t nationalize KCM, says International Monetary Fund

After lengthy debate by various economic players within and outside Zambia, the International Monetary Fund has added its voice to appeals by the Government not to nationalize Konkola Copper Mines despite its shortcomings in recent years over its operations. In recent years, KCM, one of Zambia’s main copper and cobalt …

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