Accelovant Deploys Fiber-Optic Temperature Sensors at Kansanshi Mining PLC 1 Copper Mining in Zambia 

Accelovant Deploys Fiber-Optic Temperature Sensors at Kansanshi Mining PLC

Accelovant, a developer of fiber-optic sensing solutions for various markets, has announced the deployment of its fiber-optic temperature sensors at Kansanshi Mining PLC, a company owned by First Quantum and located in Zambia. Kansanshi is one of the world’s largest and most productive copper mining and smelting sites. The deployment was made to replace older technology devices that were prone to failure in the wet electrostatic precipitators (ESPs) used to scrub dangerous toxins and pollutants from gas streams generated in the copper smelting process. According to Michael Goldstein, CEO for… Read More Here
ZCCM-IH Trading on London Stock Exchange Temporarily Suspended 2 Mining in Zambia 

ZCCM-IH Trading on London Stock Exchange Temporarily Suspended

ZCCM Investment Holdings PLC (ZCCM-IH) has announced that the trading of its shares on the London Stock Exchange (LSE) has been temporarily suspended due to non-compliance with Disclosure and Transparency Rule 4.1.3. The rule pertains to the publication of audited financial results, and the suspension is a result of the non-publication of audited financial results for the years 2021 and 2022 within the regulation time of four months from year-end. The delay in the financial statements audit for the years 2021 and 2022 is attributed to the prolonged completion of… Read More Here
ZCCM Holdings Appoints New Director Following Resignation 3 Mining in Zambia Mining Personality 

ZCCM Holdings Appoints New Director Following Resignation

ZCCM Investments Holdings Plc has announced the resignation of Ms Dolika E S Banda as Non-Executive Director and Board Chairperson, effective May 5th, 2023. The resignation is in compliance with the Securities Act No. 41 of 2016 and the Listing Rules of the Lusaka Securities Exchange (“LuSE”). Ms Banda had served as Non-Executive Director and Board Chairperson of ZCCM-IH since December 13, 2021. The Board expressed gratitude to Ms Dolika Banda for her significant contribution to the Company during her tenure of office and wished her success in her future… Read More Here
Dr Sixtus Mulenga: Dreaming of the future 4 Mining Personality Mining in Zambia New Mining Projects 

Dr Sixtus Mulenga: Dreaming of the future

This mining stalwart’s long journey to discover new minerals is an inspiration to every Zambian How many people would leave a prestigious job, their home, their family, and the lifestyle that they’d worked incredibly hard to build for a tent in rural Zambia, in pursuit of a dream? That’s what Dr Sixtus Mulenga did. His dream was to make a new mineral discovery in an unexplored part of Zambia. Fourteen years later, having parted with most of his hard-earned savings, he’s still living in a tent in rural Luapula. But,… Read More Here
ZCCM-IH Chairperson's Resignation Raises Concerns for Zambia's Mining Interests 5 Mining in Zambia Mining Personality 

ZCCM-IH Chairperson’s Resignation Raises Concerns for Zambia’s Mining Interests

The resignation of Dolika Banda, Chairperson of ZCCM-IH, has caused disappointment and concern among shareholders and stakeholders in Zambia’s mining industry. Banda’s departure has raised questions about the future of ZCCM-IH and the country’s mining interests. “As shareholders of ZCCM-IH, we have witnessed Banda’s exceptional professionalism and competence, as well as her unwavering commitment to lead the company forward and defend the interests of the mining sector. Her resignation has come at a critical time when crucial issues such as KCM and Mopani are still underway,” said Thierry Charles, spokesperson… Read More Here
Zambian Activist Wins Goldman Prize for Holding Mining Giant Accountable 6 Mining in Zambia Environment Social Governance (ESG) 

Zambian Activist Wins Goldman Prize for Holding Mining Giant Accountable

Chilekwa Mumba, a community organizer from Zambia, has been awarded the 2023 Goldman Environmental Prize for Africa for his work in holding mining giant Vedanta Resources accountable for environmental damage caused by its subsidiary in the country, Konkola Copper Mines (KCM). In 2006, KCM’s copper mine in Chingola, Zambia contaminated the local river with waste, causing health problems for villagers and killing fish. The Zambian Supreme Court later found that KCM was in violation of its license and that the bursting of slurry pipes caused acidic effluent to discharge into… Read More Here
Zambia’s Partnership with FQM Brings Stability to the Nation 7 Mining in Zambia Copper 

Zambia’s Partnership with FQM Brings Stability to the Nation

In a significant move, Zambia has opted for revenue-sharing in the jointly-owned Kansanshi Mine with global mining company First Quantum Minerals (FQM). This agreement is expected to bring much-needed stability to the Southern African nation’s finances while also ending a long-standing dispute. Zambia’s holding company, ZCCM-IH, which holds stakes in privately-owned large-scale copper mines, has announced that it will convert its dividend rights in Kansanshi Mine to a 3.1% revenue royalty. First Quantum Minerals (FQM) is the majority owner of Kansanshi Mine, and this move is expected to end a… Read More Here
Gemfields Foundation equips Chapula Secondary School with 20 computers 8 Mining in Zambia Corporate social responsibility 

Gemfields Foundation equips Chapula Secondary School with 20 computers

Gemfields Foundation, the charitable arm of Kagem’s majority owner and operator Gemfields, has provided Chapula Secondary School, in Lufwanyama, with 20 computers in its effort to enhance digital literacy and information and communications technology related skills among pupils and future professionals. Additionally, Kagem has funded and arranged the provision of internet access. The Raspberry Pi computers are known for their user-friendly operating system and ability to enable users, of all ages, to explore computing and programming which is especially useful in a school setting.  This provision forms part of Kagem and Gemfields’… Read More Here
Anglo American partners with World Vision in Zambia to improve access to education 9 Mining in Zambia Environment Social Governance (ESG) 

Anglo American partners with World Vision in Zambia to improve access to education

Anglo American Yesterday 2nd May launched a collaborative partnership with the global humanitarian organisation, World Vision, to help improve access to education for 160 high school-aged girls in the Lyovu rural district in Zambia’s North-Western Province, located near an area where Anglo American is conducting mineral exploration activities.“Supporting access to excellent education and training to the children in our host communities is an essential gateway to tertiary education and will ultimately help increase the employability of young people – and the opportunities available to them – throughout their lives. Partnering… Read More Here
Zambian miners call for Govt aid to stabilize Copperbelt mining industry 10 Copper Mining in Zambia 

Zambian miners call for Govt aid to stabilize Copperbelt mining industry

The National Union of Miners and Allied Workers (NUMAW) has expressed concern over the desperate situation at Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM) in Zambia, stating that both mines are relying on imports to survive. According to NUMAW National President Saul Simujika, KCM is only staying afloat through the importation of copper ore and concentrate from the Democratic Republic of Congo (DRC) because it is failing to meet in-house production targets. KCM was taken over by the government through a liquidation process after a dispute with its… Read More Here

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