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Government wants a professional and transparent gemstone sector

Government seeks to re-organise the emerald and precious stone industry to ensure that the sector realizes its full potential as one of the country’s foreign exchange earner. Minister Christopher Yaluma previously noted that the auctioning of precious stones outside the country has resulted to stones being less recognised to its …

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NFCA Drags Hybrid Poultry to Court over ‘delayed Mining’

Chinese-owned Non-Ferrous Cooperation Africa (NFCA) Mining, located in Chambishi on the Copperbelt has dragged Hybrid Poultry Farm for allegedly making false representations that it was affected by the mining company’s on-going construction of the South East Ore Body (SEOB) project. The company argues that Hybrid Poultry Farm had allegedly made …

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Zambia’s Mineral Tax Regime

By: Kayombo Musumali. (Mining Engineer) 17th of February 2014, Zambia’s Extractive Industries Transparency Initiative (EITI) report was officially published indicating that Zambia’s mining revenue in 2011 rose 81% to US $1,360 million (ZMW 7.5 billion) compared to the 2010 figures ($750 million) representing an over 30% contribution to government revenue. …

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Kagem Mining donates US$1 million to Lufwanyama in social investment

Kagem Mining Limited, Zambia’s leading emerald miner has donated US$1 million to Lufwanyama district in Ndola rural as part of its Corporate Social Responsibility. Kagem Mining said the social investment of US$1 million will be used in among other ventures, upgrading of a clinic to hospital status, construction of a …

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