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Category: Mining in Zambia

US Govt Announces Over US$500 Million in Bilateral Assistance for Zambia 1 Mining in Zambia 

US Govt Announces Over US$500 Million in Bilateral Assistance for Zambia

Constance
In a bid to restructure its partnership with the African Continent, United States Vice-President Kamala Harris visited Ghana, Tanzania and Zambia during her nine-day African tour. During the two-day visit to Zambia, it was announced that the United States Government will provide more than US$505 million in bilateral assistance during the 2024 fiscal year, aimed at enhancing cooperation with the country. Zambia stands to benefit in several ways from this assistance, including debt restructuring, trade and economic support, governance support, health support, and renewable energy infrastructure expansion. The United States… Read More Here
Mopani Copper Mines awarded for ethical procurement practice 2 Mining in Zambia Copper Environment Social Governance (ESG) 

Mopani Copper Mines awarded for ethical procurement practice

Constance
Mopani Copper Mines has recently achieved the prestigious Chartered Institute of Procurement & Supply (CIPS) Corporate Ethics Kite Mark, which sets the standard for Africa’s mining sector. This achievement demonstrates the company’s commitment to investing in ethical practices in its procurement and supply chain activities. As part of Zambia’s efforts to increase copper mining output to 3 Mt a year by 2032, Mopani Copper Mines is playing a crucial role in meeting this target, which is high on President Hakainde Hichilema’s agenda since coming to power in August 2021. To… Read More Here
KoBold Metals appoints female CEO to lead their Copper unit in Zambia 3 Mining Personality Copper Mining in Zambia 

KoBold Metals appoints female CEO to lead their Copper unit in Zambia

Constance
KoBold Metals, a Silicon Valley start-up that utilizes artificial intelligence to detect battery metal deposits, has appointed a lady CEO to head its copper unit in Zambia, making her the first female executive to hold such a position in a mining exploration company in the country. Zambia is Africa’s second largest copper producer and is witnessing a high demand for copper in the transition to a low-carbon economy. Data from S&P Global Market Intelligence reveal that as of 2022, top female executives at global metals and mining companies held just… Read More Here
Security Intelligence Officer (x1) | MINING CAREERS AT MOPANI COPPER MINES ZAMBIA 4 Copper Mining Careers Mining in Zambia 

Security Intelligence Officer (x1) | MINING CAREERS AT MOPANI COPPER MINES ZAMBIA

Constance
Email: [email protected] Mopani Copper Mines Plc has operations in Mufulira and Kitwe on the Copperbelt Province in Zambia. The Company’s success has been as a result of its focused approach to improvement and the mutually beneficial relationship enjoyed with its stakeholders — an important sector of which is its employees. The Company seeks the services of a Security Intelligence Officer (xl) The successful candidate will be responsible for safeguarding the organization by identifying potential security threats and vulnerabilities, monitoring emerging threats and trends that could affect the company’s operations, personnel or… Read More Here
ZCCM-IH Shareholders Approve the Kansanshi Royalty Transaction   5 Mining in Zambia Copper Gold Mining revenue 

ZCCM-IH Shareholders Approve the Kansanshi Royalty Transaction  

Constance
ZCCM Investments Holdings Plc (ZCCM-IH) shareholders have approved the Kansanshi royalty conversion where the Company will now receive 3.1% of Kansanshi Mining Plc’s (Kansanshi) total revenue. The royalty revenue will be paid on a quarterly basis over the entire life of the mine of Kansanshi that currently extends to the year 2045. The approval was given at the Shareholder’s Extraordinary General Meeting (EGM) held in Kitwe on 31st March 2023. The royalty income stream replaces the former model of unpredictable and unguaranteed dividend pay-outs. These were made at the discretion… Read More Here
Zambia’s Gold production drops by 38% 6 Gold Mining in Zambia 

Zambia’s Gold production drops by 38%

Constance
Zambia’s 2022 annual Gold Production has dropped from 2,432 metric tons produced in the previous year 2021 to now 1,515 metric tons produced in the year 2022. According to a consolidated mineral production report obtained by the Zambian Business Times –ZBT, the 2022 reduction represent 917 metric tons. The drop is largely attributed to lack of traction by the mines ministry to formalize known artisanal mining activities and failure to timely re-open Kansenseli and Mumbwa Gold Mines among others. At a time when gold mining is supposed to have been… Read More Here
Zambian Mines Contribute 80% to FQM's 2018 Copper Production 7 Copper Mining in Zambia 

Zambian Mines Contribute 80% to FQM’s 2018 Copper Production

Constance
The Kansanshi and Kalumbila-Trident copper mines in Zambia were highly profitable in 2018, generating about US$3 billion in revenue. The Canadian-based First Quantum Minerals (FQM) group, which operates both mines, produced a total of 606,000 tonnes of copper that year, with the Zambian-based operations contributing about 80% of the total output. FQM president Clive Newell reported that the group had recorded a 6% increase in copper production compared to 2017, with Kansanshi contributing 252,000 tonnes and Kalumbila-Trident contributing 224,000 tonnes. Together, the two Zambian mines produced 476,000 tonnes of copper… Read More Here
CAREER OPPORTUNITY - ARTISAN RIGGER | MINING CAREERS AT MOPANI | ZAMBIA 8 Copper Mining Careers Mining in Zambia 

CAREER OPPORTUNITY – ARTISAN RIGGER | MINING CAREERS AT MOPANI | ZAMBIA

Constance
To apply, use this link  Email: [email protected] Mopani Copper Mines Plc has operations in Mufulira and Kitwe on the Copperbelt Province in Zambia. The Company’s success has been as a result of its focused approach to improvement and the mutually beneficial relationship enjoyed with its stakeholders — an important sector of which is its employees. The Company seeks the services of an Artisan Rigger x 5 The successful candidate will be responsible for inspecting, replacing and installing new shaft steel infrastructure; guide rails, shaft steel sets (buntons, master sets and dividers) and… Read More Here
Mopani Women in Mining Business Forum & Exhibition 2023 9 Mining in Zambia Events & Expos 

Mopani Women in Mining Business Forum & Exhibition 2023

Constance
“My clarion call is not that we offer women in mining the opportunity to be equal, but that we offer them the opportunity to be exceptional”, Dolika Banda, ZCCM-IH Board Chairperson The Mopani Women in Mining Business Forum & Exhibition event successfully kicked off at Garden Court Hotel in Kitwe today. The event is a first of its kind in Zambia and aims at enhancing networking and strengthening the business linkages for women operating in the mining sector. The event which has attracted women from various sectors of the mining… Read More Here
Kagem delivers USD 5M Dividend to the IDC 10 Mining in Zambia 

Kagem delivers USD 5M Dividend to the IDC

Constance
 Kagem Mining Limited has delivered a USD 5 million dividend to the Zambian government’s Industrial Development Corporation (IDC) Limited, which owns 25% of the emerald mining company in Lufwanyama. Kagem delivers the dividend for the second consecutive year, which are the first dividends delivered since 2016. This dividend is in addition to the USD 11.5 million mineral royalty tax paid on the sale of emeralds at auction during 2022 and the USD 13.3 million corporation tax payable for the year ended 31 December 2022. “Kagem’s Zambian emeralds continue to attract… Read More Here

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