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Category: Mining in Zambia

Mopani Copper Mines Mining in Zambia Copper 

Mopani Copper Mines to resume mining operations temporarily

arnbethnic
Glencore’s Zambian subsidiary Mopani Copper Mines (MCM) will resume mining operations for 90 days but still expects to go ahead with its initial plan to place its mining operations on care and maintenance, the local firm said on Sunday. Glencore’s original announcement that it planned to put MCM under “care and maintenance” due to the coronavirus crisis and other issues sparked a backlash from Zambia’s government, which threatened to revoke its licences for not giving enough notice.   Milling hall at MCM’s Mufilira operation. (Image by photosmith2011, Flickr) Mopani said in a… Read More Here
Rio signs $51 million earn-in on Zambia copper deposits 1 Copper Mining in Zambia 

Rio signs $51 million earn-in on Zambia copper deposits

Copperbelt Katanga News
Rio Tinto has signed an earn-in and joint venture agreement with Vancouver-based Junior Midnight Sun Mining (TSXV: MMA), under which the Anglo-Australian miner will acquire up to 75% of the shares in its Solwezi licenses can. The Solwezi licenses include two individual exploration licenses totaling 506 square kilometers in the northwestern province of Zambia alongside the Kansanshi mine of First Quantum Minerals – Africa’s largest copper mining complex and one of the largest copper producers in the world. Other notable copper companies in the region include the Sentinel Mine, which… Read More Here
Glencore Rescinds Mopani Closure & Appoints New Acting CEO 2 Mining in Zambia Copper Covid-19 

Glencore Rescinds Mopani Closure & Appoints New Acting CEO

Copperbelt Katanga News
Charles Sakanya, Chief Engineer has been appointed as Mopani Copper Mine acting CEO. Glencore will reverse its earlier decision to shut its Zambia subsidiary Mopani Copper Mines if it reaches an agreement with the Zambian government, the company said on Monday. Glencore wanted to shut the mine due to disruptions of its operations by the Coronavirus crisis and low copper prices, while the Mines Minister has said the company is “fishing” for ways to lay off workers, and 11 000 jobs could be at risk. Glencore’s announcement of the temporary… Read More Here
emerald International Emeralds Mining in Zambia 

Gemfields upgrades security amid human rights concerns

arnbethnic
Gemfields is stepping up efforts to increase transparency and ensure security and human rights are protected at its operations. The company, which owns the luxury Fabergé jewellery brand, is the world’s biggest coloured gems producer, mining emeralds and rubies in Zambia and Mozambique, announced Monday that it is the only gemstone company to be recognized as a corporate member by Voluntary Principles on Security and Human Rights (VPSHR).    Jack Cunningham (left), Head of Sustainability at Gemfields engaging with community at its operations. (Image provided by Gemfields) Gemfields is stepping up efforts to increase… Read More Here
World-class mines deploy resources to combat COVID-19 in Zambia 3 Covid-19 Mining in Zambia 

World-class mines deploy resources to combat COVID-19 in Zambia

arnbethnic
For almost three months, COVID-19 has devastated the healthcare systems of some of the world’s most developed countries, killing thousands of people every day since it spread from its epicentre in China in January. The virus’ 14-day incubation period means that it can quickly spread among unsuspecting, asymptomatic people, putting businesses with large workforces such as mining companies at particularly high risk. As Gertrude Musunka, Health Programs and Projects Advisor for Kansanshi Mining Plc and Kalumbila Minerals Limited (‘FQM Zambia’) put it, “It only takes one employee to bring an… Read More Here
Zambian Mining firms seek government relief package 5 Covid-19 Mining in Zambia 

Zambian Mining firms seek government relief package

Copperbelt Katanga News
The Zambia Chamber of Mines has urged the government to address the issues faced by mining companies amid the Covid-19 pandemic by engaging with the sector. Reuters cited the chamber as saying in a statement that it had submitted a three-phase economic plan to the government to manage the economic impact arising from the coronavirus. The statement reads, “Since then all mining industry stakeholders have been hoping that some significant stimulus measures would be instituted, as is being seen across the world. “This was with a view to providing some guidance to… Read More Here
Glencore to reopen it's Zambian mines pending agreement with government 6 Copper Mining in Zambia 

Glencore to reopen it’s Zambian mines pending agreement with government

Copperbelt Katanga News
Glencore will reverse its earlier decision to shutter its Zambia subsidiary Mopani copper  Mines (MCM) if it reaches an agreement with the Zambian government, the company said on Monday. Glencore wanted to shutter the mine due to disruption of its operations by the coronavirus crisis and low copper prices, while the mines minister has said the company is “fishing” for ways to lay off workers, and 11 000 jobs could be at risk. The miner’s statement came after Zambia’s mines ministry said Glencore had “rescinded” its decision to put MCM… Read More Here
glencore london Mining Companies Mining in Zambia 

Zambian official says Glencore reverses plan to shut Mopani operations.

arnbethnic
Glencore told the Zambian government this week that it wants to keep operating its Zambian copper mining subsidiary Mopani Copper Mines (MCM), not shutter the operations, mines ministry permanent secretary Barnaby Mulenga said on Sunday. Mopani Copper Mines is 73.1% owned by Glencore, 16.9% by First Quantum Minerals and 10% by ZCCM-IH. (Image courtesy of photosmith2011 | Flickr) Glencore’s decision to put MCM under “care and maintenance” sparked a backlash from Zambia’s government, which threatened to revoke the firm’s mining licences because it said Glencore did not give enough notice before suspending the mines.… Read More Here
Mopani Mining in Zambia 

Police detained Mopani Copper Mines CEO

arnbethnic
Police in Lusaka detained Mopani Copper Mines CEO Nathan Bullock after he attempted to leave the country through Kenneth Kaunda International Airport. Immigration sources confirmed the development, saying Bullock was nabbed before he could board his flight to Australia. “Yes, he has been arrested. He was supposed to travel to Australia. We are told that his wife and children are in quarantine in Australia so he was going to take care of the needs of his family. So he flew from Copperbelt to Lusaka where he was supposed to take… Read More Here
Mopani Copper Mines Mining in Zambia 

Glencore’s Mopani licenses in danger of being revoked

arnbethnic, ,
Zambia plans to revoke the mining licences of Glencore subsidiary Mopani Copper Mines (MCM) because the company did not give enough notice before suspending its mining operations in the coronavirus crisis and other problems. In a letter dated April 14 to Mopani’s chief executive Nathan Bullock, Mining Licensing Committee secretary Michael Chibonga said Mopani did not give sufficient notice to the government before placing the mines on care and maintenance. Mopani also breached Zambia’s labour laws by sending its workers on forced leave and terminating the contracts of mining services… Read More Here

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