One of Zambia’s leading banks has expressed optimism on the prospects of Zambia’s mining sector considering recent pronouncements at the 2022 edition of the Mining Indaba, according to an interview with Financial Insight Zambia who are covering the event. During the 30-minute conversation with the Founder of this website, CEO Mwindwa Siakalima found his […]
(in United States dollars, tabular amounts in millions, except where noted) Toronto, Ontario (May 8, 2022) – First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) is pleased to announce that the Company’s Board of Directors has approved the S3 Expansion at the Kansanshi mine and the Enterprise nickel project. “First Quantum has […]
Inclusive artisanal and small-scale mining: what does this mean in practice? It is estimated that the artisanal and small-scale mining sector represents the primary source of employment for almost 45 million people across the world, and the livelihoods of another 134 to 269 million people depend on the supporting industries of the ASM sector. In […]
Vedanta Resources has requested the Lusaka High Court to nullify the appointment of Acting Official Receiver Celine Nair as Provisional Liquidator of the wettest mine in Zambia, Konkola Copper Mines (KCM), according press releases out of Zambia. The action from Vedanta comes less than 48 hours after Zambia’s President had announced at the ongoing Cape […]
This Mining Indaba is taking place at an important moment in the global recovery from the effects of the COVID-19 pandemic. Across the world, almost every industry is having to adapt to new circumstances, confront new challenges and be prepared to seize new opportunities. The mining industry in Africa is no different. As it responds […]
The mining sector will continue to be a factor in the development of Zambia. This is why Zambia’s mining investment house, ZCCM IH, has positioned itself strategically in the extract industry to make the most an evolving business environment that was fraught with COVID. “There is a wave and rise in the price of commodities”, […]
The Board Chair of Zambia’s mining investment house, ZCCM IH, has identified three main challenges that Africa is grappling following the advent of COVID that have hindered the development of mining, according to an interview with SABC. The first challenge has been the overarching mining framework. “So the mining and fiscal policies have been inconsistent […]
Konkola Copper Mines has announced the appointment of a new Provisional Liquidator, according to an official statement. “I wish to inform the public that Ms Celine Meena Nair has taken over the role of Provisional Liquidator (PL) of Konkola Copper Mines (KCM) following her recent appointment as acting Official Receiver of the Republic of Zambia”, […]
Newly appointed First Quantum CEO Tristan Pascal has indicated that the mining sector and the Government in Zambia are now on the same page regarding development of the industry in the country. CEO FQM Tristan “Zambia is Back”, said CEO Tristan at the ongoing Mining Indaba in Cape Town South African at the Convention Center […]
The Chairperson of the Mining Indaba Advisory Board has indicated that the global covid pandemic has created many opportunities despite the adverse impact it has had on the African and global economy at large. Frans Baleni believes that the pandemic has created opportunities in the mining sector and has identified Gold as one area that […]
Stanbic
