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Canada's First Quantum delays $1bn Zambia capex - director

Kansanshi, Zambia. Canada's First Quantum has delayed investment projects worth more than $1-billion in Zambia due to uncertainty over the fiscal regime in Africa's second biggest copper producer, a director said on Tuesday. Zambia plans to review mining taxes to...
24th June 2014

Gemfields emerald auction yields $13.5m revenue

Coloured-gemstones mining and marketing company Gemfields on Tuesday reported a gross revenue of $13.5-million after selling 268 000 ct of emeralds at auction. The revenue from this latest auction, which took place from April 28 to May 2, in...
6th May 2014

Zambia electricity price hike threatens mining output - Chamber

Zambia's decision to increase electricity prices by almost 29% for mining companies is likely to hit operations in Africa's second largest copper producer, the Chamber of Mines of Zambia said. The bulk power supply agreement tariffs between state...
4th April 2014

Copper prices below $5 000 could threaten Zambian mines - Minister

Zambian mines are still operating profitably, despite the fall in copper prices, but could be threatened if the price dropped below $5 000/t, Mines Minister Christopher Yaluma said on Saturday. Copper markets had been edgy over slowing Chinese...
17th March 2014

Gilat Satcom to sponsor mining summit in Lusaka

Generic satellite image Telecommunications group Gilat Satcom on Monday said it was set to sponsor the second yearly Great Rift Valley Mining Summit, where it planned to unveil new mining-focused mobile satellite services and technologies. The summit, held from March 13...
10th March 2014

Gemfields achieves record revenue at gem auction

Kagem emerald mine in Zambia London-listed Gemfields marked a “record revenue” year after its third auction of the year achieved revenue of $36.5-million after selling 15 of the 17 lots of gemstones on offer. The company reported in a statement on Wednesday that...
26th February 2014

Zambezi gets Zambia copper project enviro approval

ASX-listed exploration and mining company Zambezi Resources reports that it received formal approval from the Zambia Environmental Management Agency (Zema) earlier this month confirming the granting of the environmental-impact study (EIS) for its...
21st February 2014

Schneider targeting Zambian energy, mining sectors

Global energy management specialist Schneider Electric is breaking ground in the Zambian electricity sector following its roadshow to the country’s capital, Lusaka, and the Copperbelt, in Kitwe, last month.
14th February 2014
Company Announcement

Roadshow for a smarter mining and utilities future: Schneider Electric showcases MV solution in Zambia PDF Available

Schneider Electric, a global specialist in energy management, is taking its medium voltage solutions to Zambia in a two-city roadshow at the end of January 2014.The showcases will take place in Lusaka at the Southern Sun Ridgeway Hotel and is...
23rd January 2014

Gemfields achieves record revenue of $16.4m at low-grade gem auction

Gemfields has sold 5.6-million carats of low-grade emerald and beryl for a record $16.4-million at its most recent auction in Lusaka, Zambia. The auction, which was the second offering of gems mined by the company at its Kagem emerald mine, in...
18th November 2013
Mining Personality

Norman Mbazima

Position: CEO of Kumba Iron Ore since September 1, 2012 Main activity of the company: Mining and selling of iron-ore Date and place of birth: July 13, 1958, Lusaka, Zambia Education: FCCA, FZICA (accountancy qualifications) First job: Capital...
15th November 2013

Explosives manufacturer expanding into more African countries

Opencast mining explosives manufacturer BME is finding ready markets in the African mining industry and is planning a steady expansion into several countries, including Tanzania, Kenya, Ethiopia and Mozambique. Already, more than half of BME’s...
8th November 2013
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