Glencore restarts output at shut Zambia plant

Glencore International's Mopani Copper Mines has resumed production at its Zambian copper treatment plant, which was shut in March for pollution violations, it said on Saturday. "It is with great delight that stakeholders have managed to reach an...

Zambia 2011 copper output eclipses 2010

Copper production in Zambia, Africa's top producer of the metal, rose to 869 058 t in 2011 from 852 566 t the previous year, the central bank said on Monday. Exports between January and December also rose to 876 555 t from 829 726 t the previous...

Company Announcement: Agility and Partnership are Key Drivers for Mining Suppliers in Africa

Johannesburg – South Africa – February 2012 - With an estimated explosive sales’ potential for Africa’s greenfields pegged at 500 million US dollars over the next 5 years, mining services companies need to step up and provide quality...

Konkola miners win 17% pay rise

Konkola Copper Mines, the Zambia miner owned by Vedanta Resources, has awarded its workers a 17% pay increase, ending weeks of negotiations, a union official said on Friday. "We signed the new agreement yesterday and the lowest paid employee will...

Zambia says won't re-introduce mine windfall tax

Zambia, Africa's top copper producer, will not re-introduce a mine windfall tax it abolished in 2009 as such a measure could harm mining operations and negatively impact the economy, Finance Minister Alexander Chikwanda said on Wednesday. "It...

Zambia Vedanta unit plans to revive Mimbula copper mine

Zambia's Konkola Copper Mines (KCM) owned by London-listed Vedanta Resources plans to resume output at the Mimbula openpit mine under the company's strategy to extend mine life at its operations, it said on Tuesday. KCM plans to carry out...

No need to panic over Zambia licence moratorium – lawyer

There is no need for panic over Zambia’s decision to place a moratorium on the renewal and issuing of new mining licences, managing partner of Lusaka-based law firm Musa Dudhia & Company, Arshan Dudhia, said this week. The moratorium on the...

Zambia lifts metal exports ban after two days

Zambia has lifted a ban on metal exports just two days after imposing it to sort out irregularities and increase transparency in Africa's top cooper producer, a minerals ministry official said on Thursday. Newly elected President Michael Sata has...

SAA mulls yet more mining destinations as its Copperbelt flights begin

National carrier South African Airways (SAA) has signalled that it could double the number of African destinations to which it flies over the coming five years and that it sees particular potential in opening up new services to cities and towns...

Depositary receipts taking hold in Africa

Depositary bank the Bank of New York Mellon (BNY) is currently in discussions with the Namibian Stock Exchange to list its first Namibian depositary receipt (DR) and, if successful, this could lead to the listing of five more Namibian DRs.

Company supplies components for plant upgrade

Manufacturer of concrete equipment and block, brick and paving machinery Pan Mixers South Africa (PMSA), has delivered components for Zambian aggregate producer Scirocco Enterprises’ upgrading of its Lusaka concrete manufacturing facilities...

Drilling equipment arrives according to plan

Australian mining company Blackthorn Resources reports that mobilisation of drilling crews and drill rigs to the Mumbwa copper exploration project, in Zambia, is progressing to plan.