China’s CNMC Luanshya Copper Mines followed Zambian law when it closed the Baluba mine and sent more than 1 600 …
Copper mine to continue production
Zambia-based copper miner Konkola Copper Mines (KCM) has affirmed that it has not made a decision to close its Nchanga …
Gemfields raises $35.14m in Singapore emerald, amethyst auction
Zambia-focused precious stones miner Gemfields has garnered revenues of $35.14-million from its most recent auction of predominantly rough emeralds extracted …
Barclays Bank Zambia finances the $828 million for a 300 Megawatts Mamba Coal power plant
BARCLAYS Bank Zambia Plc has financed Maamba Collieries Limited’s (MCL) 300 megawatts coal fired power plant at a cost of …
3000 KCM jobs on the line as the mine suspends operations at the Nchanga underground unit
KONKOLA Copper Mine Plc has written to its workers at Nchanga, informing them that the Chingola-based underground mine will be …
Ndola Lime in $16.5m ZCCM-IH capital fund
TRYNESS MBALE, Lusaka ZCCM-INVESTMENTS Holdings (ZCCM-IH) has provided a US$16.5 million loan for the recapitalisation of Ndola Lime Company (NLC) …
SEC happy with government stance on ZCCM-IH
CYNTHIA MWALE, Lusaka THE Securities and Exchange Commission (SEC) has hailed Government for fulfilling its commitment to start the process …
Nava Bharat’s Zambia project to achieve financial closure by June-end
Hyderabad-based Nava Bharat Ventures Limited is likely to achieve financial closure by this month end for a 300-Mw coal-fired thermal …
KCM importing toxic copper concentrates
KONKOLA Copper Mines has started importing copper concentrate from Chile which contains arsenic, a toxic chemical element that causes cancer …
GEMFIELS sets another record at Lusaka Emerald auction
At least $14.5 million has been realized at the seventh Kagem local auction of precious stones held in Lusaka last …