PRESIDENT HICHILEMA PLEDGES TO BOOST MINING SECTOR IN NORTH WESTERN PROVINCE
During his visit to Solwezi Airport, President Hakainde Hichilema assured the residents of North Western Province of his government’s commitment to opening more mines in...
Category : BUSINESS
UNLOCKING ZAMBIA’S OIL AND GAS POTENTIAL
Zambia, the world’s seventh-largest copper producer, is ramping up infrastructure and mineral exploration efforts while partnering with international firms to expand its renewable energy sector....
UAE Giant Flexes Muscles, Targets Zambia’s Copper Crown Jewel
Dubai’s International Holding Company (IHC), the emirate’s reigning corporate titan, has set its sights on Zambia’s prized Lubambe Copper Mine, throwing a wrench into a...
Zambia Aims for Bigger Bite in Mining Deals: Negotiating for Equity and Social Impact
Cape Town, South Africa -The winds of change are blowing through Zambia’s mining sector. President Hakainde Hichilema, elected in 2021 on a platform of economic revival,...
SLIDING THROUGH TIME: Lubrication from stone age to modern age
In part one of Lubrication from Stone Age to Modern Age (WearCheck Technical Bulletin 88), we slid through 5,000 years of lubrication history and left...
Vedanta commences funding to KCM
Vedanta Resources has commenced funding to Konkola Copper Mines (KCM) and has disbursed its first $25 million for employee salaries, contract labour as well as...
Power Grid Stability Key to Zambia’s 3 Million Ton Copper Dream: FQM
Securing a stable and efficient national power grid is paramount to achieving Zambia’s ambitious target of 3 million tonnes annual copper production, according to First...
Barrick to increase Lumwana mine’s annual production to an estimated 240 000 t of copper
Barrick is investing almost US$2 billion in an expansion project designed to increase the Lumwana mine’s annual production to an estimated 240 000 t of...
Zambia Agrees Deal With Official Creditors on Debt Restructuring
Zambia agreed a memorandum of understanding to restructure its loans with official creditors, co-led by China and France, finalizing a $6.3 billion deal reached almost...
Domes region of Zambia: A copper exploration hotspot
Is it likely that more major copper deposits will be found in the Domes region of north-west Zambia? The answer is a resounding ‘yes’ if...