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

Zambian born economist-cum writer Dambisa Moyo has been elected to the Board of Barrick Gold Corporation, owners of Lumwana mine in North Western Province, the company has announced. A controversial economist who writes on macroeconomic and global matters, Moyo was recently elevated to the 11-member board as one of the …

Angola wants its mining sector to become one of the major contributors to the country’s Gross Domestic Product (GDP) and to be one of the most important sources of employment. So asserted Geology and Mines Minister Francisco Queiroz in his address in Luanda on Mineworkers Day, April 27 whose theme …

As operations ramp up at its 75%-owned Montepuez ruby deposit in Mozambique, Aim-listed Gemfields is preparing for its inaugural ruby auction in Singapore in mid-June. “Gemfields is pleased to report on another sound quarter [to March], which has seen further progress at the Montepuez ruby deposit. Bulk-sampling operations continuing to …

 London-listed coloured-gemstones mining and marketing company Gemfields, which Pallinghurst chairperson Brian Gilbertson says is doing for emeralds what  did for diamonds, is now aspiring to repeat the performance in rubies. Gemfields, in which the resources fund of the JSE-listed diversified mining company Pallinghurst has a 38% holding, is rolling out …

 Australia Stock Exchange -listed Queensland Bauxite on Tuesday announced that it would buy an interest in two Mozambique coal exploration licences in the Zambezi basin, close to majors such as Vale and Rio Tinto. The junior said it had signed a binding term sheet with Australian unlisted company Regius Coal …