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The Government has threatened to repossess the Nkana copper slug heap in Kitwe from Chambishi Metals, a subsidiary of China Non-Ferrous Metal Industry Foreign Engineering and Construction Company Limited, following delays by the miner to develop the structure, Zambia’s Mines, energy and water development deputy Richard Musukwa says.  The Government …

Zambia should act cautiously when implementing policies intended to maximize returns on its mineral wealth and avoid stifling high productivity of the red metal, the Extractive Industries Transparency International says.  The EITI notes that while Zambia seeks to ‘recoup’ resources that have not been realized over the years, given various …

Konkola Copper Mines, a unit of Vedanta Resources Plc, has cited challenges faced by some commercial banks in Zambia as reason for delays in paying its workers monthly wages, local media reported. The delays are caused  through some banks’ internal arrangements including the inward and outward clearing of cheques are …

Junior explorer Integrated Resources has entered into a conditional farm-in agreement to acquire 3 000 km2 of copper exploration tenements in Zambia.  Under the terms of the transaction, Integrated would pay a signing fee of $120 000 for the four tenements, along with a $50 000 exclusivity fee, which was paid …

Pitted differences between 100 Civil Society Groups and the Zambian Government have arisen following an approval for the construction of a new copper mine in Lower Zambezi National Park.  Recently the Government approved the construction of Kangaluwi copper mine in lower Zambezi national part, a decision the civil society groups …