Mining in Zambia - Copperbelt Katanga Mining

ZCCM IH Board Director Bishop Mambo tells Chinese Mining Firm to Start Paying Dividends to Govt 1

The ZCCM IH Board has learnt that Non Ferrous China Africa Corporation (NFCA) Mining on the Copperbelt has not been paying dividends for eleven years to the Government, which is a share holder in the firm. The Government through ZCCM IH owns shares in NFCA, a Chinese owned mining firm based in Chambishi, Kalulushi District. Dividend is a sum of money paid regularly every year by a company to its shareholders out of its profits or reserves. NFCA Africa Mining Plc was established in March 1998 as the holding company… Read More Here

Mining in Zambia Governance

Mines and Minerals Minister Paul Kabuswe threatens to grab Black Mountain if Caderism shows its head

February 17, 2022February 17, 2022 admin

Mines and Minerals Minister Paul Kabuswe has threatened to shut down operations at the black mountain in Kitwe in an event of confusion or political tension in its operations or should there be any reports of careerism and political interference. Mr. Kabuswe warned that he did not want to see people brandishing guns, party regalia nor expensive vehicles at the black mountain, or he will shut it down. Mr.Kabuswe has said the new dawn Government wants the slug to be run smoothly without any political interference adding that its proceeds… Read More Here

Copper Economy Mining in Zambia

Small Scale Miners looking forward to the resumption of operations at the Black Mountains- Zambia

February 16, 2022February 16, 2022 admin

The Small Scale Miners Association of Zambia has hailed the Government’s decision to hand over a portion of the Kitwe Mineral Slag Dump commonly known as Black Mountain to cooperatives owned by the local youth and women. President Hakainde Hichilema on Sunday night announced on Facebook the handover of the Kitwe Black Mountain to a Consortium of cooperatives representing all the 10 districts of the Copperbelt province, the Women in mining group, and the Community hosting the black mountain. The Black Mountain located between Wusakile and Nkana West is owned… Read More Here

Governance Mining in Zambia

Interventions in mining and other key sectors to prop Zambia’s GDP

February 15, 2022February 15, 2022 admin

Zambia government has revealed that by 2024, the country’s GDP is expected to rise to 4.4 per cent following strategic interventions in the agriculture, tourism, mining, manufacturing, energy, and transport sectors. The government has also projected a modest 3.5 per cent rise in its Gross Domestic Product (GDP) for 2022, a small rise from the 3.3 expected to have been attained last year. This is contained in the 2022-2024 Medium Term Budget Plan released by the Ministry of Finance. It said the economic outlook for 2022 and the medium term… Read More Here

Mining in Zambia Mining Careers

ENVIRONMENTAL OFFICER, MONITORING | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

February 15, 2022February 15, 2022 admin

Requisition Number: J4643| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Environmental Apply now Job description: Overall Job Purpose : Conducting data analysis and all field environmental related monitoring activities. The role involves advising the environmental management team, middle management and employees on environmental management requirements and will require to develop and implement procedures and management plans. Specific Job Responsibilities: Undertake routine assessments on environmental conditions to establish root cause of potential operational impacts. Assist in preparation of technical guidelines and procedures for environmental monitoring requirements. Carry out daily, weekly, monthly and quarterly sampling of mine emissions… Read More Here

Mining Careers Mining in Zambia

ARTISAN RIGGER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

February 15, 2022February 15, 2022 admin

Requisition Number: JR4295| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Maintenance Apply now Job description: Overall Job Purpose To carry out workshop, PCR rigging related functions and Maintenance / Breakdown support services to the Sentinel mine site. This will be done in such a manner so as to achieve cost savings, continuous improvement initiatives, and utilization of synergies throughout the area. This role will carry out the activities of the RTWS and open pit to ensure the application of appropriate levels of safety and productivity are maintained in order to meet safety, cost and productivity… Read More Here

Copper Mining in Zambia

High global copper prices should help attract the investment needed for Zambia

February 14, 2022February 14, 2022 admin

Zambia Finance Minister, Situmbeko Musokotwane, says high global copper prices should help attract the investment needed to allow Zambia to boost its annual production to about 3 million tonnes over the coming decade from an estimated 800,000 tonnes in 2021. First, however, the government must find an investor to take a minority stake in Mopani Copper Mines and fund a planned expansion, Musokotwane said. State-owned mining investment firm ZCCM-IH bought Mopani from Glencore a year ago. The government is also seeking to end a dispute over Konkola Copper Mines (KCM).… Read More Here

Mining in Zambia Copper Economy Governance

Zambia’s President Hands over the Black Mountain to Coorperative, Women in Mining and the Host Community.

February 13, 2022February 14, 2022 arnbethnic

Zambia’s President Hakainde Hichilema has handed over the famous black mountain, a mineral rich slag dumb of mining waste from the previous ZCCM mining days situated in Nkana, Kitwe on the Copperbelt Province of Zambia. In his statement, President Hichilema said the site has been given to three groups who have been given licenses to operate and these includes a Consortium of cooperatives representing all the 10 districts of the Copperbelt province, Women in Mining and the Community that hosts the black mountain. Below is the President’s statement on the… Read More Here