R/€ = 14.55 Change: -0.02
R/$ = 13.31 Change: 0.05
Au 1266.51 $/oz Change: 1.35
Pt 948.50 $/oz Change: 3.50


Zambian mine in first-of-a-kind tailings dump site rehab, hopes to eventually produce biodiesel

By: Mia Breytenbach     21st April 2017 Zambia’s largest integrated copper producer, Konkola Copper Mines (KCM), owned by global conglomerate Vedanta Resources, has launched the first project of its kind in Zambia to rehabilitate a mining site. The project, launched earlier this month, aims to cultivate elite Pongamia Pinnata trees for... 

Zambia dumps copper concentrate import tariff

By: Ilan Solomons     24th February 2017 The Zambia Chamber of Mines (ZCM) has welcomed the removal of 7.5% import duty on copper concentrates following a recent statement by Finance Minister Felix Mutati. This was preceded by months of mining companies voicing concern about the impact that the imposition of the duty would have on the... 

Leigh Day lawyer arrested in Zambia

By: Anine Kilian     12th January 2017 A lawyer at international law firm Leigh Day, Oliver Holland, was arrested in Zambia while meeting communities who are bringing claims against diversified global natural resources group Vedanta Resources and its subsidiary Konkola Copper Mines (KCM). The law firm is representing local communities... 

Equipment supplier positioning itself for turnaround in Zambia

By: Robyn Wilkinson     9th September 2016 Mining solutions manufacturer Joy Global is positioning its business, through a partnership with Chingola-based company Lusanga Technical Services, to support and drive mining production in Zambia when the commodities price downturn comes to an end. 

Event attracts high-level delegates

     9th September 2016 This year’s Copperbelt Mining Trade Expo and Conference (CBM-Tec) was a great success, attracting over 2 090 attendees, 74% of which make or influence purchasing decisions at their companies, reports event organiser Specialised Exhibition Montgomery and Spintelligent. The event, which was held in... 

Claim against Vedanta, KCM given the green light to proceed in court

By: Samantha Herbst     27th May 2016 A legal claim on behalf of 1 826 Zambian villagers against global diversified metals and mining company Vedanta Resources and its Zambian subsidiary Konkola Copper Mines (KCM) has been given the go-ahead by a High Court judge to proceed in the UK courts. The ruling, handed down on Friday, follows... 

Working to stay ahead of competitors

By: Kimberley Smuts     27th May 2016 Crane and hoist manufacturer Condra intends to focus on continuing to supply high-quality, robust and reliable products and lowering the overall lifetime maintenance costs of these products to foster a sustainable competitive advantage while mitigating the major challenges currently faced by the... 

Company to exhibit highly resilient pipe at Copperbelt expo

     29th April 2016 Two trading arms of complete pipeline solutions provider Rare, Rare Plastics and Rare Pipeline Services (which incorporates Rare Construction Zambia), will be exhibiting at this year’s Copperbelt Mining Trade Expo and Conference (CBM-TEC) from May 12 to 13. Rare will be showcasing their new Rare... 

Leigh Day, Vedanta to argue jurisdiction of class action

By: Creamer Media Reporter      11th April 2016 UK-headquartered Vedanta Resources, its Zambian subsidiary Konkola Copper Mines (KCM) and law firm Leigh Day were set to argue the jurisdiction of an upcoming legal battle between the miner and villagers living near KCM’s operations over alleged pollution in the areas surrounding KCM in Zambia.... 

Vedanta rephases capex at Gamsberg as part of cost-cutting measures

By: Kim Cloete     9th February 2016 In light of tumbling commodity prices, global diversified metals and mining company Vedanta Resources has had to restructure costs across all of its businesses, including South Africa-based Gamsberg zinc project .  Vedanta Resources CEO Tom Albanese told delegates at the Investing in African... 

Zambian chamber to push for strategic consensus as copper price rout throws country into crisis

By: Ilan Solomons     29th January 2016 Reeling from the worst crisis it has faced this century and losing millions of dollars a month in a depressed copper-price environment, the Zambian mining industry is to push for a long-term strategic consensus to promote the growth not just of the mining industry, but of the entire country,... 

Copper production cuts abound as industry hit by six-year price low

     4th December 2015 Copper-laden African countries are seeing investors pull back on copper output to withstand the effects of the troubled sector and emerge intact once it turns around. 

Copper mine to continue production

     11th September 2015 Zambia-based copper miner Konkola Copper Mines (KCM) has affirmed that it has not made a decision to close its Nchanga underground mine or scale down operations at the Nkana refinery, following media reports alleging closures. KCM, a subsidiary of London-listed global diversified natural... 

Zambian communities sue copper mining giant in English High Court

     3rd August 2015 1800 Zambian villagers are taking legal action in the High Court in London against UK based mining giant Vedanta Resources Plc and Konkola Copper Mines after they claim their water sources and farming land were poisoned from the copper mining operations of both companies. The 1,800 are members of... 

Zambia’s double-edged mining taxation sword

     15th April 2015 Zambia, one of the major players in mining in the Southern African Development Community, faced a shake-up in views surrounding the implications of a rise in underground mining royalties. As of 1 January 2015, legislation stipulated a rise in underground mining royalties from six to eight per... 

Tom Albanese

By: Martin Creamer     13th March 2015 Main Activity of the Company: Globally diversified mining company Date and Place of Birth: September 9, 1957, New Jersey, Ohio, US Education: Bachelor’s degree in mineral economics; master’s degree in mining engineering, University of Alaska, Fairbanks Career Path: 1981 to 1983, junior engineer... 

Process control company hones in on Africa  

By: Ilan Solomons     31st October 2014 The African mining industry is becoming an increasingly important market for process control instrumentation and industrial electronics supplier Instrotech, a member of local technology group Comtest, with the company expanding its footprint on the continent, particularly in Zambia, says... 

Zambia power firm restricts power supply to Vedanta unit

By: Reuters     22nd September 2014 Zambia's Copperbelt Energy Corporation, has cut down power supply to the Konkola Copper Mines (KCM) owned by London-listed Vedanta Resources after a dispute over electricity bills, the mining company said on Sunday. Konkola last week lost a court application to stop Copperbelt Energy, one of the... 

Zambian Minister commissions mining equipment

     12th September 2014 Zambian Minister of Agriculture and Livestock Wylbur Simuusa visited Konkola Copper Mines (KCM) in his capacity as Nchanga Member of Parliament last month to familiarise himself with the company’s operations. Speaking after commissioning of new equipment at the Chingola Open Pits (COP) F&D, which... 

Copper mine invests in community programmes

     13th September 2013 Copper mining and metals company Konkola Copper Mines (KCM), in Zambia, restocked its Mushishima stream, in Chingola, with 50 000 fingerlings and launched a tree-planting programme at the Chingola Prison and selected local schools, in June. 

Refractory lining to be completed in June next year

By: Zandile Mavuso     13th September 2013 Mineral processing and mining services company Dickinson Group has been contracted to complete the refractory lining of all the smelting units at Toronto-listed company First Quantum Minerals’ (FQM’s) Kansanshi mine, in Zambia.  

Empowered company acquires 26% of reagent chemicals trader ChemQuest

By: Leandi Kolver     23rd August 2013 Broad-based black economic-empowerment (BBBEE) company Dziviri Potash, which is jointly owned by industrials investment companies Arkein International, Leruo MMVM Investment Holdings and Prograce Investments, acquired 26% of South African reagent chemicals trader ChemQuest earlier this month.... 

Zambia wants Vedanta's KCM to reduce planned layoffs

By: Reuters     30th May 2013 Zambia has told Konkola Copper Mines, owned by London-listed Vedanta Resources, and the country's mining unions to work together and find ways of mitigating proposed jobs cuts. KCM said last week it will cut 2 000 jobs in Zambia to restore profits. 

Zambia's Konkola says smelter to remain shut for one month

By: Reuters     23rd April 2013 Zambia's Konkola Copper Mines, owned by London-listed Vedanta Resources, said on Tuesday that its Nchanga smelter will remain shut for one month. Konkola last week closed the smelter as a result of a metal leak through the wall of a furnace. 

Railway contractor undertakes various underground projects

By: Chantelle Kotze     29th March 2013 Railway and civil engineering contractor Flint Construction, a division of the First Tech group of companies, aims to complete the refurbishment of the existing railway infrastructure at 7 Level of junior platinum miner Atlatsa Resources’ Bokoni platinum mine, located on the north-eastern limb of... 

Economic recovery gaining momentum

By: Zandile Mavuso     14th September 2012 Following the recovery of copper mining in Zambia in the past decade, the country has redeemed its economy. 

Seychelles-registered group clinches Konkola underground development contract

By: Creamer Media Reporter      31st August 2012 Seychelles-registered mining contracting company Group R Mining & Exploration has been awarded a five-year contract for decline and ancillary underground development at Vedanta’s Konkola copper mine, at Chililabombwe, in Zambia.  

Zambia’s position as Africa’s top copper producer to be consolidated

By: Chantelle Kotze     6th July 2012 Large-scale copper and nickel development projects in Zambia are expected to consolidate the country’s status as Africa's largest copper producer, and will increase sub-Saharan Africa’s copper production from 1.2-million tons in 2011 to 1.7-million tons by 2015. 

South African consultancy assisting mining industry in Cameroon

By: Leandi Kolver     27th April 2012 Mining engineering consultancy SRK Consulting is currently advising the government of Cameroon on developing a minerals and mining industry in the country, chairperson Roger Dixon tells Mining Weekly. 

Increased need for equipment as mining operations evolve

By: Reggie Sikhakhane     20th April 2012 The global need for headgears, shaft equipment and related expertise is growing at a significant rate as openpit mines adopt underground mining methods to exploit finely disseminated or deep ore deposits.  


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