Investee Companies

Available Jobs, Investee Companies, ZCCM-IH

Job Advertisement: Multiple Employment Opportunities at Kabundi Resources Limited (”KRL”)

Kabundi Resources Limited (KRL), is a wholly owned subsidiary of ZCCM Investments Holdings Plc, managing the manganese license that ZCCM holds in Serenje District, Central Province of Zambia.  
The Company invites applications from suitably qualified and experienced persons who are innovative, energetic and performance driven to fill the position listed Below: 

  1. Shift Boss x 2
  2. Equipment Operators x 5
  3. Artisan Fitters x 2
  4. Weighbridge Operator x 1
  5. Store Officer x 1
  6. Mine Spotters x 2
  7. Maintenance Assistant x 1
  8. Cook x 1

 

*Please Note that the Duty Station is KRL Mine, Serenje 

Applications CLEARLY MARKED WITH THE POSITION TITLE, together with copies of certificates and detailed curriculum vitae should be addressed to: 

 

Human Resource Officer 
Kabundi Resources Limited 
and forwarded to Jobs@krl.com.zm 

The Application should reach the undersigned not later than 15th August 2023 

Only successful candidates will be responded to.

Please refer to the links below for detailed information about the positions

 

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JOB DESCRIPTION – Stores Officer - Job Description 3 244.78 KB 5126 downloads

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JOB DESCRIPTION – Mobile Equipment Operator - Job Description 3 164.10 KB 1012 downloads

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JOB DESCRIPTION – Maintenance Assistant - Job Description 2 170.35 KB 800 downloads

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JOB DESCRIPTION – Artisan Fitter - Job Description 3 205.92 KB 647 downloads

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JOB DESCRIPTION – Weigh Bridge Operator - Job Description 3 176.23 KB 9220 downloads

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JOB DESCRIPTION – Shift Boss - Job Description 3 360.58 KB 838 downloads

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JOB DESCRIPTION – Mine Spotter - Job Description 3 344.72 KB 883 downloads

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JOB DESCRIPTION – General Worker - Job Description 3 345.00 KB 1075 downloads

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Available Jobs, Investee Companies, ZCCM-IH

Job Advertisement: Chief Executive Officer (Limestone Resources Limited) – EXTENDED ADVERTISEMENT

Limestone Resources Limited wishes to invite applications from suitably qualified and experienced persons who are ambitious, innovative, energetic and performance-driven to fill the vacancy of Chief Executive Officer.

About Limestone Resources Limited.

Limestone Resources Limited (LRL) is one of the major producers and suppliers of Quicklime, Hydrated lime, and Limestone aggregates within the country and to the regional markets. LRL is wholly owned by ZCCM Investments Holdings Plc (ZCCM-IH). The majority shares of ZCCM-IH are held by the Industrial Development Corporation (IDC) which is wholly owned by the Government of the Republic of Zambia (GRZ).
LRL production facilities include a Quarry, fixed and mobile Crushing Plants, two (02) Vertical Kilns (Old and New), a Rotary Kiln, New Hydrating Plant, Coal/Quicklime Milling Plant, a Packaging and Bagging plant with associated support infrastructure.
The plant is 12km road distance from the Ndola Central Business District, and 7km road connection to the Great North Road at ZESCO Skyways Substation.

 

The Position

The company is seeking a vision-driven, strategic and seasoned corporate leader to become Chief Executive Officer (CEO). The CEO will advance and build on the vision, mission, and commercial development of Limestone Resources Limited and ensure that all business operations are in line with the Company’s strategic plan. The CEO reports directly to the Board of Limestone Resources Limited and will be responsible for leading the Executive Team to drive Company growth and generate sustainable shareholder value and returns. The Chief Executive Office is responsible for providing strategic leadership and vision to the Company by working with the Board of Directors and the Management Team to establish, implement and over-see the goals, strategies, plans and policies of the Company, subject to the direction and oversight of the Board of Directors.

The Chief Executive Officer should have a balanced combination of an understanding of mining, people management and commercial management experience. The ideal candidate will bring clear commercial and strategic focus to the Company.

 

Application Process

Applications clearly marked ‘CHIEF EXECUTIVE OFFICER’ together with copies of certificates and a detailed curriculum vitae should reach the undersigned not later than Wednesday 2nd August 2023.

 

Physical

Chief Human Resource & Administration Officer
ZCCM-IH Plc
Stand No. 16806, Alick Nkhata Road
Mass Media Complex Area
P O Box 30048
LUSAKA

Electronic

Visit the ZCCM-IH Careers page for this job advertisement at http://zccm-ih.com.zm/careers
Alternatively, forward your application to jobs@zccmnew.wpenginepowered.com

 

Only successful candidates will be responded to.

Please refer to the links below for detailed information about the positions

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JOB DESCRIPTION – CHIEF EXECUTIVE OFFICER 213.20 KB 10189 downloads

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Industry News, Investee Companies, Investee Company News, ZCCM-IH, ZCCM-IH News

Kobold Metals Strategic Investment In Zambia Paves Way for Sustainable Critical Mineral Supply Chains

In a significant move towards building transparent, secure, and sustainable critical-mineral supply chains, KoBold Metals has emerged as a key player in catalyzing investments in strategic projects.

The United States Ambassador to Zambia, His Excellency Michael Gonzales, commended KoBold’s efforts and emphasized the pivotal role such initiatives play in driving the energy transition and fostering a sustainable, climate-smart economy for the 21st century.

With a commitment to leveraging the world’s best artificial intelligence and human intelligence, KoBold President Josh Goldman expressed enthusiasm about the company’s ability to accelerate progress in critical-mineral exploration and extraction.

Read full article

Source: Mines.Org
Investee Companies, Investee Company News, ZCCM-IH, ZCCM-IH News

Mingomba Mining Project Excites State House

ZNBC Staffer

Special Assistant to the President for Economic and Development Affairs JITO KAYUMBA says government is very excited with the $150m investment towards the development of Mingomba mining in Chililabombwe district.

Mr. KAYUMBA says government is ready to formulate and ensure policy consistency especially in the Mining sector for sustainable investment and production.

And Mr. KAYUMBÀ adds that the debt restructuring deal has created a pathway for improved investor confidence not only in the mines but other subdivisions as well.

Speaking during a visit to KoBold Metal’s Mingomba exploration site this morning, Mr. KAYUMBÀ said government believes that Copperbelt mining will soon have life and contribute to government aspirations of increasing copper production to 3-million tonnes in the next ten years.

Read full article

Source: ZNBC
Investee Companies, Investee Company News, ZCCM-IH, ZCCM-IH News

Ambassador Michael Gonzales Remarks During his visit to Kobolds Mingomba Mine

Thank you all for having me and thank you to our hosts KoBold Metals for inviting us here today.  I’d also like to thank Presidential Special Assistant Jito Kayumba for joining us here today.

Six months after the conclusion of the U.S.-Africa Leaders’ Summit in December 2022, my first visit to KoBold’s Mingomba project is a reminder that the United States—not only the U.S. government, but the American private sector—is delivering on our commitments, our commitments to the people of Zambia.

During the Summit, President Biden announced that the U.S. government plans to invest $55 billion over the next three years across the African continent.  The Summit demonstrated our renewed commitment to partnerships between the United States and Africa: between countries, between institutions, and among our people.  We remain focused not on what we will do for Zambia as a donor, but what we will do with Zambia as a partner invested in Zambia’s success.  Because, we are investing in Zambia as we deepen and expand our partnership.

Read full article

Source: US Embassy Zambia
Investee Companies, Investee Company News, ZCCM-IH, ZCCM-IH News

FQM’s Kansanshi mine hands over K1.2m cheques to six Solwezi cooperatives

First Quantum Minerals’ Kansanshi Mining PLC has handed over cheques amounting to K 1.2 million to six cooperatives engaged in various business activities, each receiving K 200,000 in a continued effort to support and improve the welfare and livelihood of communities in Solwezi.

The mining firm is alive of the fact that Small and Medium Enterprises (SMEs) play a major role in most economies, particularly in rural communities, however, access to finance is a key constraint to SME growth, and it is one of the most cited obstacles that they are faced with.

The additional funding of K 1.2 million follows the initial K 756,000 given to the six groups in February earlier this year, with each having received K 126,000 to help kick-start their business activities around the District.

Read full article 

Source : Mining News Zambia
Annual Report Summaries, Investee Companies

Limestone Resources Limited (LRL) Extract from 2023 Annual Report

Limestone Resources Limited, formerly known as Ndola Lime Company, is specializing in the production and supply of limestone products. Its diverse product line-up includes quicklime, hydrated lime, and other lime product tailored to meet specific customer needs.  

The transition from Ndola Lime Company to Limestone Resources Limited represents a strategic move to address past challenges and leverage on new opportunities. This change signals an intent to revitalize the business, possibly by attracting new investment, improving operational efficiencies, and better aligning with market demands. Limestone Resources Limited’s journey reflects a commitment to not only continuing its legacy of quality limestone product supply but also enhancing its operational and financial health for future success.  

Limestone Resources Limited has an opportunity to attract fresh capital, revamp the business, and potentially cut the losses experienced by its predecessor, Ndola Limestone.  

During 2023, LRL continued to build up on the knowledge and experience of operating the modified VK2 which was fired in October 2022 after nearly 6 years of being idle. The modification and the prolonged idle time presented initial challenges which took time to resolve. VK 2 was the only operational kiln at the company as no restoration repair works were carried out on VK1, while the Rotary kiln remained mothballed.  

Production from VK2 was an average of 140 tonnes per day against the kiln’s capacity of 500 tonnes per day due to technical limitations on the kiln’s operating mode. Another key stumbling block to attain nameplate capacity was a lack of reliable mining equipment and a frequently malfunctioning crushing plant.  

Revenue for the year was ZMW96.7 million, a notable increase from ZMW26.8 million in 2022. The company made a loss of ZMW180.74 million (2022: ZMW90.81 million).  

There were no dividends declared during the year under review (Dec 2022: Nil) 
Annual Report Summaries, Investee Companies

NFC Africa Mining Plc (NFCA) Extract from 2023 Annual Report

For the year ended 31 December 2023, NFCA reported revenue of ZMW12.8 billion (US$619.82 million), (2022: ZMW9.9 billion (US$548.46 million)). The drop in year-on-year revenues were attributable to lower-than-expected production during the year due to a suspension of operations that occurred in November 2023. During the year under review, NFCA produced a total of 68,757 tonnes of copper compared to copper output of 67,626 tonnes produced in 2022.  

During the period under review, the Company recorded a profit of ZMW1.5 billion (US$76 million) (2022: ZMW1.01 billion (US$56.01 million)). Despite a drop in copper production, strong copper price and cost reduction initiatives led to the increase in profitability in 2023.  

The company currently has a high debt burden and the increase in US Dollar denominated lending rates has significantly increased the company’s interest costs.  

There were no dividends paid during the year ended 31 December 2023 (2022: ZMW51.78 (US$3 million)).