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MORE than 1,000 unionised workers at Lumwana Copper Mines,a unit of Barrick Gold Limited have received an 11 percent wage increase with immediate effect, the Zambia’s mining union’s general secretary Joseph Chewe says. The upward adjustment for the miners, which comes into effect immediately has been the fruits of protracted …

Copper production in Zambia, Africa’s top producer of the red metal, grew 20 percent in the first quarter 2014 compared to a year earlier, raising hopes of a resurgence in the industry. Copper outturn rose to 174,407 tons in the first quarter 2014 compared with 170,948 tons mined by various …

Zambia, Africa’s leader in production of the red metal has withheld about $500 million in value-added tax repayments from mining companies failing to provide importer documentation, Bloomberg newswire reported. The web-based publication stated that the Zambia’s Revenue Authority (ZRA)has withheld over US$500 million in repayments after it last year introduced  …

Shareholders of Albidon Limited, co-owners of Zambia’s sole producer nickel, have allowed a 100 percent ‘buy off’ of the company to Jin Tuo Investments limited. The agreement signed on 15 May last year, ostensibly means that co-owners, Jinchaun Group Resources, with 53 percent shareholding in the company, Albidon Limited, a …

Majority of miners in Zambia, Africa’s leading copper producer fail to contribute revenue to Government because of low wages, the Post reported, citing Mining workers Union of Zambia. Majority of the lowest paid miners in the copper industry get salaries below K3,000 (US$150), making it difficult for the government to …