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FQM Backs Zambia’s Export Transparency Initiative

First Quantum Minerals (FQM), Zambia’s leading taxpayer, has expressed strong support for the Bank of Zambia’s Export Proceeds Tracking Framework. This initiative aims to ensure transparency in tracking foreign exchange earned from exports through local bank accounts. Implemented in January 2024, the framework requires exporters to link their export records …

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Vedanta commences funding to KCM

Vedanta Resources has commenced funding to Konkola Copper Mines (KCM) and has disbursed its first $25 million for employee salaries, contract labour as well as for other critical services needed to maintain the integrity of the asset. The company has deployed a technical team at KCM to work together with …

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Mining Indaba 2024 Kicks Off: Embracing Disruption for a Bold New Future

Day one of the Investing in African Mining Indaba, the continent’s premier mining event, set the tone for a week of transformative discussions and bold pronouncements under the theme “Embracing the power of positive disruption: A bold new future for African mining.” The opening ceremony and subsequent disruptive discussions painted …

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