News

Keeping you up to date with our ever changing industry

ZCCM-IH Post K307m Profit In 9 Months

ZCCM-IH has posted a profit after tax of over K307 million in its first nine-month financial year, mainly boosted by …

ZCCM IH forecasts 32% and 242% low and high for Group and Company earnings for 2019

ZCCM IH has released the following SENS announcement regarding its financial results for 2019.  “In accordance with Section 3.4(b) Lusaka …

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 …