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Nkandu Beltz is a Mining Entrepenuer, Philanthropist, Author and cultural consultant.  Born in Zambia, she spent some of her formative years in Ndola playing outdoors like most other children and getting quite dirty.  When asked to take a bath she responded, “No, I don’t want to bath because I have …

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 …

Lusaka, Zambia: Barrick’s Lumwana mine, Zambia’s second-largest copper producer, has confirmed its exemption from the Bank of Zambia’s (BOZ) Export Proceeds Tracking Framework Directives, implemented in December 2023. This exemption stems from Lumwana’s local sales model, where they do not directly export copper but instead sell concentrate to domestic smelters. …

Largest Zambian copper producer yet to confirm adherence to Bank of Zambia directive First Quantum Minerals (FQM), Zambia’s leading copper producer, has remained tight-lipped on whether it adheres to the Bank of Zambia’s (BOZ) export proceeds tracking framework directive. Responding to a media inquiry, FQM’s Public Relations Manager, Mirriam Hammond, …

Zambia, a nation synonymous with copper, shimmers with the promise of vast mineral wealth. However, despite boasting Africa’s second-largest copper reserves, the country grapples with the paradox of the “value chain curse.” This phenomenon, plaguing resource-rich nations, sees them trapped in a cycle of exporting raw materials while failing to …