arnbethnic - Copperbelt Katanga Mining

Written by arnbethnic

Copperbelt Katanga Mining congratulate His Excellence, Mr Hakainde Hichilema

August 17, 2021August 17, 2021 arnbethnic

From the Board, Management and Staff of the Copperbelt Katanga Mining and the SmartContacts Africa group we would like to congratulate His Excellence President Elect Mr Hakainde Hichilema the 7th President of the Government Republic of Zambia on His election victory. May God bless you and may His blessings be upon all citizens of your great country Zambia. Read More Here

Governance Mining in Zambia

Zambia Elects a New President (HE Hakainde Hichilema)

August 16, 2021August 16, 2021 arnbethnic

Zambia’s electoral commission has confirmed that last week’s presidential election was won by the opposition candidate Hakainde Hichilema. Mr Hichilema defeated his main rival, the outgoing President Edgar Lungu, by almost a million votes. This was Mr Hichilema’s sixth attempt at winning the presidency. His supporters have been celebrating on the streets of the capital, Lusaka. Earlier, on Saturday last week Mr Lungu alleged that the elections were not free and fair. He said election officials from his Patriotic Front party were chased from polling stations, leaving their votes unprotected.… Read More Here

Equipment & Technology International Mining Equipment

The Next Generation of Dump Trucks

July 26, 2021July 26, 2021 arnbethnic

The new TA 230 Litronic has been described by Liebherr as the next generation of dump trucks. It has been developed for rugged off-road use. The TA 230 won the Red Dot Award for high design quality in 2021. The machine can tackle any terrain. It has an efficient drivetrain, permanent 6 x 6 all-wheel drive, reliable traction control and solid axle mounts. It has undergone extensive testing on a test track that was specifically built for it. These features allow it to produce incredibly fast cycle times. This machine… Read More Here

New Mining Projects Copper Mining in DRC

Kamoa-Kakula Begins Exporting Copper Concentrate Internationally

July 19, 2021July 19, 2021 arnbethnic

Kamoa-Kakula begins exporting copper concentrate internationally as production ramps up. Kamoa Copper draws down US$300 million advance payment facility available under the offtake agreements; all future Phase 1 operating costs and majority of Phase 2 capital expenditures expected to be funded from copper sales and facilities in place. Daily shipments of copper concentrate to local smelter to produce 99%-pure blister copper also continuing KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX:IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that Kamoa Copper SA –… Read More Here

Mining in Zambia Mining tax Taxes

Putting windfall tax to work for Zambia

July 18, 2021July 18, 2021 arnbethnic

Using a mining-related tax windfall to pay off some debts is Zambia’s best move, say experts The Zambian Government’s collection of ZMW 40.1 billion in revenue and grants between January and May 2021 has been welcomed by the Secretary to the Treasury, which noted last month that the sums collected are “an impressive 43 percent above projections.” Substantial increases in income tax receipts, and VAT, were driven by increased payments by mining companies, according to the Treasury. The single most outstanding contribution from the mining sector came in the form… Read More Here