Mining in Zambia - Copperbelt Katanga Mining

Anglo stands ready to defend itself in lawsuit over lead poisoning in Zambia 1

Anglo American South Africa has noted a class action lawsuit filed against it by Mbuyisa Moleele Attorneys and Leigh Day in the Gauteng High Court, related to lead poisoning claims stemming from the Kabwe mine, in Zambia. The lawyers filed the lawsuit on behalf of a class estimated to comprise more than 100 000 individuals in the Kabwe district of Zambia. The claimants believe they have been exposed to lead contamination. The claimants, which include young children, are reportedly suffering from alarming levels of lead poisoning, which can cause a range… Read More Here

Mining in Zambia International

Anglo American sued for alleged lead poisoning in Zambia

October 21, 2020October 21, 2020 admin

Diversified miner Anglo American (LON: AAL) has been sued in South Africa by a group of Zambian women and children alleging the company caused widespread lead poisoning from a mine it owned until 1974 in the northern city of Kabwe. The class-action lawsuit, filed at South Africa’s High Court on Wednesday by law firms Mbuyisa Moleele and Leigh Day, seeks both compensation for about 100,000 people and a clean-up of the area. LAWSUIT CLAIMS ANGLO AMERICAN FAILED TO PREVENT POLLUTION IN KABWE, AFFECTING MULTIPLE GENERATIONS “Generations of children have been poisoned by… Read More Here

Mining in Zambia Gemstones Gold

Zambia Launches a Gold Mining Strategy

October 20, 2020October 20, 2020 arnbethnic

The Zambian government has launched the export diversification strategy for gold and gemstone to formalise artisanal small-scale mining and trading activities. This is envisaged to generate revenue from precious metals. Launching the strategy yesterday, Minister of Mines and Mineral Development Richard Musukwa said Zambia has reported increase in gold occurrences in the subsector mainly exploited by artisanal and small-scale miners who mostly operate illegally. “Gold is smuggled out of the country mostly by foreign nationals without paying any revenue, thus denying the country of the much-needed revenue,” Mr Musukwa said.… Read More Here

Mining in Zambia Mining in DRC

SADC Truckers raise Kasumbalesa border security concerns

October 20, 2020October 20, 2020 arnbethnic

THE Southern Africa Development Community (SADC) truck drivers association has raised concern over the security situation in Democratic Republic of Congo (DRC). The association has, however, welcomed the planned extension of operating hours at Kasumbalesa border post. Association president Stanley Mukula said in an interview that although the planned extension of operating hours is good, the security situation on the Congolese side of the border leaves much to be desired. He said drivers are attacked by thugs even during the day and allegedly in full view of Congolese police officers.… Read More Here

Tailings Mine Safety Mining in Zambia

Rongxing tailing dam collapse poisons a stream in Zambia

October 20, 2020October 20, 2020 arnbethnic

On Thursday, a tailing dam at Rongxing Investment Limited collapsed, spilling suspected acidic content into the Luela stream in Chambishi. The effluent killed different fish species and also caused damage to crops around the water body. A variety of vegetables cultivated along the stream wilted while others were covered in mud. The spillage happened at Rongxing Investment Limited, a copper processing company located on the Kitwe-Mufulira road. The Luela stream feeds into the Mwambashi stream, which is one of the tributaries of the Kafue River. As a result of the… Read More Here

Mining in DRC Mining in Zambia

DRC & Zambia join to fight against smuggling and extend service hours at the Kasumbalesa border

October 18, 2020October 18, 2020 admin

The work to assess the bilateral trade agreement between the Democratic Republic of the Congo and Zambia was completed this Friday in Ndola. For two days, from Thursday October 15 to Friday October 16, 2020, the delegations of two countries agreed to jointly fight against customs smuggling and extend service services at the Kasumbalesa border post. “That the DRC accelerate the ratification of the bilateral agreement signed in Lusaka on August 6, 2015, and that in the meantime, the two countries undertake to use good practices in international trade, that the… Read More Here

Mining Careers Mining in Zambia

COORDINATOR-DRILLS | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

October 14, 2020October 14, 2020 admin

Category: Engineering | Requisition number: 090407 | Location: Lumwana Mine, Solwezi, Zambia. | Reporting to:Superintendent-Shovels & Drills Apply now Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the North Western region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km south west of the provincial capital of Solwezi. The mine is a multi-pit, multi staged operation mining approximately 100MT of ore and waste per annum and producing copper concentrates containing an average of 120,000 tonnes of copper metal per year over a… Read More Here

Mining in Zambia Mining Careers

RISK OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS LUSAKA,ZAMBIA

October 14, 2020October 14, 2020 admin

JOB TITLE: Risk Officer | LOCATION: LUSAKA | DEPARTMENT: Risk and Internal Audit | Grade: ZH4 Apply now Zambia Gold Company is a Zambian newly established company that will oversee the mining, processing, refining and marketing of gold in Zambia. The company is owned by ZCCM- IH (51%) and the Zambian Government (49%) through the Ministry of Finance. In order to achieve our vision and mission, the Company invites applications from suitably qualified and experienced individuals who are innovative, energetic and performance-driven to fill the following positions at Alluvial Gold… Read More Here

Mining Careers Mining in Zambia

BUSINESS RESEARCH ANALYST | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS LUSAKA, ZAMBIA

October 12, 2020October 12, 2020 admin

JOB TITLE: Business Research Analyst | LOCATION: LUSAKA | DEPARTMENT: INVESTMENT | Grade: ZH4 Zambia Gold Company is a Zambian newly established company that will oversee the mining, processing, refining and marketing of gold in Zambia. The company is owned by ZCCM- IH (51%) and the Zambian Government (49%) through the Ministry of Finance. In order to achieve our vision and mission, the Company invites applications from suitably qualified and experienced individuals who are innovative, energetic and performance-driven to fill the following positions at Alluvial Gold Project at Kasenseli in… Read More Here

Mining in Zambia Economy

Fitch Rates First Quantum Minerals’ New Notes Final ‘B-‘

October 10, 2020October 10, 2020 arnbethnic

Fitch Ratings has assigned Canada-based First Quantum Minerals Ltd’s (FQM; B-/Stable) new 6.875% USD1.5 billion notes due 2027 a final senior unsecured rating of ‘B-‘. The Recovery Rating is ‘RR4’. The notes are senior unsecured obligations of FQM, and rank pari passu with and benefit from the same guarantor group (representing around 38% of consolidated EBITDA) as the existing notes. Fitch notes that senior secured bank debt and the streaming agreement linked to Cobra Panama rank ahead of the senior unsecured bonds. The proceeds from the notes will be used… Read More Here