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Emerald miner Gemfields Plc said it sold a little over half a million carats of rough stones at its first high-quality emerald auction in Lusaka, Zambia, raking in $31.5 million. Gemfields, owner of the Fabergé luxury jewellery brand, said it realised an average price of $54 per carat, its highest …

Democratic Republic of Congo has delayed until year-end a ban on exports of copper and cobalt concentrates designed to encourage miners to refine the red metal within its borders, a senior Mining Ministry official said last week. Several emerging resource-rich nations have sought to discourage export of concentrates – the …

KONKOLA Copper Mines says the country needs to start preparing for the reality that current continued fall in international copper price will negatively affect Zambia including reduced revenues for the Treasury. Director for strategy and business development Brad Gnanasivan, however, said the local mining sector is currently in a better …

Tiger Resources Ltd said it produced a record 4,422t of copper concentrate in June from its Kipoi copper mine in the Democratic Republic of the Congo. The output is 47% above the plant’s nameplate capacity and 10% higher than the previous monthly record of 4,007t achieved in March, Tiger said. …

In the wake of a successful decline sinking project completed last year at Lubambe copper mine in Zambia, Murray & Roberts Cementation has been awarded a new contract for trackless high speed development. The project is scheduled to extend to January 2014. The mine is a joint venture between African …