More News

Kagem unveils colossal 37kg cluster of emeralds

Lufwanyama-based Kagem Mining continued to put Zambia’s gemstones at the forefront of world demand this week as it unveiled a giant 37kg cluster of emeralds. The team’s find – named the Kafubu Cluster –  is expected to be the most expensive single emerald piece ever sold by the company when …

Read More »

Lumwana transform into world-class copper asset

The transformation of Lumwana from a marginal copper asset into a world-class operation demonstrates the commitment of Barrick Gold Corporation to expanding its copper holdings in Africa and globally, president and Chief Executive Officer, Mark Bristow has revealed. Bristow told media that since 2019 Lumwana’s fortunes had been turned around …

Read More »

Anglo American class action lawsuit rages on

A class action lawsuit targeting mining giant Anglo American over alleged health problems caused by lead mines in central Zambia will hear who can participate in the case in November. The legal challenge filed in South Africa accuses the British-listed mining company of effectively poisoning villages in Kabwe, north of …

Read More »

Electra Mining Botswana will not be going ahead in 2023

Specialised Exhibitions, a division of the Montgomery Group, has announced that Electra Mining Botswana will not be going ahead in 2023. A strategic review of the local Botswana mining and industrial show and the broader vision that Specialised Exhibitions has for the expansion of Electra Mining Africa has led the …

Read More »

Zambia ready to renegotiate its China debt

Zambia’s finance minister said on Saturday it is still unclear who will be leading talks for renegotiating its nearly $6 billion debt with China, the largest bilateral creditor of the first African sovereign default in 2020 after the COVID-19 pandemic hit. China co-chairs a committee of official bilateral creditors with …

Read More »