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Kalahari Geo to start explorations in Kafue Basin

KALAHARI Geo Energy Limited plans to commence preliminary shallow drilling for geothermal energy development at its identified sites in the Kafue basin. The company signed a memorandum of understanding with the Zambian government in 2011 for geothermal energy exploration rights to “certain identified targets among them in Kafue basin” but …

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Uphold ZEMA’s corrective process on FQM – SARW

SOUTHERN Africa Resource Watch (SARW) Zambia coordinator Edward Lange has appealed to the government not to abandon the corrective process simply to satisfy the interest of First Quantum Minerals, which has threatened to lay off 500 workers at its Kalumbila mine in Solwezi. And Zambia Congress of Trade Unions secretary …

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‘There’s no ban on auctioning emeralds abroad’

MINES deputy minister Richard Musukwa says “there is no ban” on auctioning of Zambia’s emeralds abroad. However, in April, then mines minister, Yamfwa Mukanga, directed that all Zambian emeralds be auctioned in the country, contending that “Zambian gemstones have for a long time been sold on foreign markets and the …

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FQM projects increased copper production

FIRST Quantum Minerals Limited is expected to ramp up its copper production to 700,000 metric tonnes per annum by 2015 with the completion of Sentinel Mine and increase output arising from the expansions at Kansanshi mine. And First Quantum Mineral head of public relations Godfrey Msiska said once Kalumbila Mine …

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Gemfields sees fall in auction revenue

GEMFIELDS Plc estimates a 46 per cent fall in full-year auction revenue after it delayed its rough emeralds auction by a month following a directive by the Zambian government. The government issued a directive in April that all auctioning of emeralds mined in the country be held in Zambia as …

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