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Gemstones generates over US$40 million for Zambia

CONCERNS by players in the precious and gemstone industry over the relocation of the auction floor to Zambia unlike the foreign markets are now seemingly been overcome. Early in 2013 President Michael Sata directed that all auctions of the precious metal should be done in Zambia and not outside, a …

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ZCCM IH to appoint Evaluator over Collum coal mine

The Zambia Consolidated Copper Mines Investment Holdings will soon appoint an evaluator to determine the value of Collum Coal Mine in Sinazongwe in Southern Zambia to assist resolve the stand off, sources close to the deal have said. This follows a directive by mines energy and water development minister Christopher …

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Zambia booms for BME

BME has been building its business in Zambia since 1999, and the results are now showing clearly: the country has become the company’s second-most important market behind its home-turf in South Africa, where it is a major player in the opencast segment. “Our starting point in Zambia was a contract …

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