News

Keeping you up to date with our ever changing industry

Zambia Shores up Gold Reserves

This week, Bank of Zambia Governor Mr Christopher Mvunga told the media that the institution would continue to purchase gold …

Copper price reaches $10,628 a tonne

KALONDE NYATI, Lusaka WITH copper prices yesterday climbing to record high in both London and Shanghai markets, Zambia Consolidated Copper …

GWEMBE OIL EXPLORATION STILL ACTIVE

By JOHN KOMBE GOVERNMENT is still carrying out explorations to ascertain the presence of oil in the Gwembe Valley and …

MINERS THANK GOVT

By Musenge Mulimba: Miners in Kitwe on the Copperbelt have thanked government for saving thousands of jobs through the takeover …

Gold rush changing lives in Mwinilunga

NANCY SIAME Mwinilunga MINING of gold in Mwinilunga in North-Western Province seems to have brought life to the area with …

ZCCM-IH EYES $6M ZINC MINING PROJECT

THE Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) is set to set up a US$6 million large-scale mining project. The …

Mopani deal: Expert’s perspective.

IN JANUARY, Government’s investment arm, Zambia Consolidated Copper Mines – Investment Holdings (ZCCM- IH), agreed to buy Glencore’s majority stake …

Sale of interest in Mopani Copper Mines complete

Glencore subsidiary, Carlisa Investments Corp., in which Glencore holds 81.2% of the shares, has completed the sale to ZCCM Investments …

Copper boom catching the eye of politicians

Copper producers awash with cash after a doubling of prices are entering the next phase of the cycle: increased fiscal …