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

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 …

Mila Kunis, a renowned actress at the Hollywood, has reaffirmed Gemfield Zambia Limited’s reputation as a global leader and supplier of responsibly sourced coloured gemstones precious metals when she wore emerald jewellery at the 71st Golden Globe Awards on Sunday night in Los Angeles. Kunis, who previously won a Golden …

African countries want to standardize policies in the mining sectors to make real returns for their respective citizens, the Zambia Daily Mail reported. Plans are underway by African countries, blessed with mineral wealth, to harmonized and standardise policies that will attract investors and enable affected countries to maximize profits from …