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Category: Mining in Zambia

Godfrey Msiska Retires after 15 years at Kansanshi 1 Mining Personality Mining in Zambia 

Godfrey Msiska Retires after 15 years at Kansanshi

arnbethnic
SOLWEZI, ZAMBIA – In the African context, it is always a hard moment to witness the last days of a close friend or workmate retiring from active work. After a period of 15 years, Godfrey Msiska, the former Kansanshi Mine ‘image creator’ retired at the end of July 2022.Msiska’s career began on 13th July, 2007 at Kansanshi Mine, where he served as the first Public Relations Manager after leaving the banking sector where he had worked for 32 years, culminating in his last position as Chief Executive Officer of New Capital Bank… Read More Here
FQM's Enterprise Nickel Mine to provide transparent supplier opportunities for goods and services 2 Mining in Zambia Environment Social Governance (ESG) Nickel 

FQM’s Enterprise Nickel Mine to provide transparent supplier opportunities for goods and services

arnbethnic
Following the commissioning of the Enterprise Nickel Mine which will position Zambia among the top 10 producers of nickel in the world, and the number one producer of the metal on the continent, FQM Trident Ltd will employ 700 direct employees and provide supplier opportunities for goods and services to be undertaken through transparent contract offers. FQM Trident Ltd has since identified one such project which is to construct a bridge along the main road leading to the Enterprise Nickel Mine. The bridge is meant to protect pipes that have… Read More Here
Some councils in Zambia have confirmed failure to collect levies from big mining companies 3 Mining in Zambia Economy Governance 

Some councils in Zambia have confirmed failure to collect levies from big mining companies

arnbethnic
Despite copper prices and other minerals mined enjoying excellent international prices and Zambia having over eight (8) large scale copper mines, local authorities mostly known as councils have reported having serious challenges collecting land rates and other levies from mining companies. Most council officials and contacts spoken to by the Zambian Business Times – ZBT have indicated that compliance levels from mining companies are too low, and when the councils push for collections, there is heavy political interference from senior government officials and politicians which make it impossible to collect… Read More Here
Zambia’s copper production and prices plummet, putting country’s economic growth goals in jeopardy 4 Copper Mining in Zambia 

Zambia’s copper production and prices plummet, putting country’s economic growth goals in jeopardy

admin
Zambia’s economic growth goals for this year are in jeopardy as the country’s copper production and prices, which account for more than 70% of export revenue, plummet. Production dropped 7.4% to 364,089 tons in the first half of 2022, according to figures released on Tuesday by the Zambia Chamber of Mines. The metal’s price on the London Metal Exchange is down 20% this year to $7,718 a ton, well below the Ministry of Finance and National Planning’s prediction of $9,595 for the year. This metal is used in everything from… Read More Here
Lower feed grades affect Kansanshi Mine 5 Copper Mining in Zambia 

Lower feed grades affect Kansanshi Mine

admin
First Quantum Minerals has recorded a 2,180 decrease in its copper production at its Kansanshi Mine in Solwezi for the second quarter of 2022. Kansanshi’s copper production was 39,719 tonnes, while the company’s copper production at its Sentinel mine in Kalumbila of 52,447 tonnes was on target. Combined production from the two mines was lower than the previous quarter. FQM’s Chief Executive Officer, Tristan Pascall has explained that the results at the company’s Kansanshi mine were affected by lower feed grades caused by current mining conditions, and that after an… Read More Here
Galileo starts drilling on Luansobe copper project in Zambia 6 Mining in Zambia Exploration New Mining Projects 

Galileo starts drilling on Luansobe copper project in Zambia

arnbethnic
London-listed Galileo Resources has commenced a 3 000 m core drilling programme on their Luansobe copper project, in Zambia. The programme has been designed to infill gaps in historic drilling and twin selected holes, with a particular focus on shallow up-dip projections of the deposit. The company has relogged historical drill core data dating from the 1950s and 1960s, with core from five holes being split for assaying of possible copper-bearing zones not previously recognised or considered of interest by earlier operators. In this, assay results have returned 16 m grading 1.20% copper from 58 m, and 14 m grading 0.99% copper from 70 m.… Read More Here
Investors should employ local experts - Kabuswe 7 Mining in Zambia 

Investors should employ local experts – Kabuswe

arnbethnic
FOR any country to grow economically, it has to create a favourable climate to attract investment which creates new jobs and more development opportunities for citizens. Investors are important to a country because they establish new companies which increase incomes and more purchasing power to people, which in turn boost to an economy. Countries strive to attract foreign direct investment because it adds to the stock of capital, and the quantity of capital available to an economy is a crucial determinant of its productivity. As such, investment in various sectors… Read More Here
MAAMBA’S FOOTPRINT: BEYOND MINING AND BASELOAD ELECTRICITY 8 Coal Mining in Zambia 

MAAMBA’S FOOTPRINT: BEYOND MINING AND BASELOAD ELECTRICITY

arnbethnic
SINAZONGWE, ZAMBIA – Nestled in the heart of the Gwembe Valley, Maamba Collieries Limited (MCL) is spread over an expanse of over 8,000 hectares that, at first glance, looks like just another coal mine with an integrated mine-mouth thermal power plant – abuzz with the industrial hubbub of complex engineering and heavy earth-moving machinery.But this industrial giant, unique in Zambia in that its operations cover mining and generation of baseload power for the nation, is undertaking numerous activities beyond its operational mandate.For more than a decade since privatisation in 2010 and… Read More Here
FQM RECORDS Q2 REDUCTION IN COPPER PRODUCTION IN ZAMBIA 9 Copper Mining in Zambia 

FQM RECORDS Q2 REDUCTION IN COPPER PRODUCTION IN ZAMBIA

arnbethnic
LUSAKA, ZAMBIA – First Quantum Minerals has recorded a 2,180 decrease in its copper production at its Kansanshi Mine in Solwezi for the second quarter of 2022. Kansanshi’s copper production was 39,719 tonnes, while the company’s copper production at its Sentinel mine in Kalumbila of 52,447 tonnes was on target. Combined production from the two mines was lower than the previous quarter. FQM’s Chief Executive Officer, Tristan Pascall has explained that the results at the company’s Kansanshi mine were affected by lower feed grades caused by current mining conditions, and that after an… Read More Here
LET US ALL BE ON BOARD WITH CATCHING THE COPPER DEVELOPMENT BUS THIS FOURTH TIME AROUND- Eng. Chilembo 10 Mining in Zambia Copper Environment Social Governance (ESG) 

LET US ALL BE ON BOARD WITH CATCHING THE COPPER DEVELOPMENT BUS THIS FOURTH TIME AROUND- Eng. Chilembo

arnbethnic
Once again, wild anecdote-based assertions and half-truths about mining have crept into the headlines. Dramatic soundbites devoid of fact urge the Zambian public to sacrifice their livelihoods and communities on the suicidal twin altars of “keeping Copper in the ground” and “taxing the mining industry more”. The recent removal of duties on mining equipment is the latest “unnecessary tax exemption” according to commentators and “experts” who seem oblivious to the decline of mine asset quality across the old Copperbelt for dire want of capital expenditure. Government must be commended for… Read More Here

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