MINING Archives - Zambia Modern Mining

World Bank Approves $100 Million to Strengthen Zambia’s Climate and Economic Resilience

Oliver MasundaDecember 24, 2024December 24, 2024

by Oliver MasundaDecember 24, 2024December 24, 20240407

The World Bank has approved a $100 million financing package aimed at enhancing Zambia’s ability to manage natural disasters while strengthening its economic and climate...

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Central Bank of Congo Highlights Mixed Commodity Price Trends for December 2024

Oliver MasundaDecember 24, 2024December 24, 2024

by Oliver MasundaDecember 24, 2024December 24, 20240442

The Central Bank of Congo (BCC) has released its economic report for the second week of December 2024, highlighting diverse trends in the prices of...

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UAE Investors Set Sights on Zambia’s Thriving Resources and Trade Opportunities

Oliver MasundaDecember 21, 2024December 21, 2024

by Oliver MasundaDecember 21, 2024December 21, 20240388

UAE Eyes Strategic Partnership with Zambia to Boost Trade and Investment Michael Joseph Staford, Chief Financial Officer at Rafmol Gold in the United Arab Emirates...

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China Non-Ferrous Commits $100 Million Investment to Zambia’s Shaft 28 Mine

Oliver MasundaDecember 21, 2024December 21, 2024

by Oliver MasundaDecember 21, 2024December 21, 20240691

China Non-Ferrous Metal Company has reinforced its dedication to empowering local communities, setting a transformative example through its operations in Zambia. Robert Kamanga, Deputy Chief...

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DRC Confronts $164 Million Budget Deficit as Public Spending Soars

Oliver MasundaDecember 4, 2024December 4, 2024

by Oliver MasundaDecember 4, 2024December 4, 20240479

DRC Faces $164 Million Budget Deficit Amid Rising Public Expenditures The Democratic Republic of Congo (DRC) is grappling with a budget deficit of approximately 575.9...

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Mimosa Resources and Mkushi Traditional Leaders Draw Inspiration from FQM’s Sustainable Mining Model

Oliver MasundaDecember 4, 2024December 4, 2024

by Oliver MasundaDecember 4, 2024December 4, 20240382

Mimosa Resources and Mkushi Traditional Leaders Inspired by FQM’s Sustainable Mining Practices Mimosa Resources, in collaboration with the traditional leadership of Chief Chitina’s chiefdom in...

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Zambian Miners Safely Rescued After Countrywide Power Outage

Oliver MasundaNovember 27, 2024November 27, 2024

by Oliver MasundaNovember 27, 2024November 27, 20240535

Miners Safely Rescued Following Zambia’s Nationwide Power Outage Miners trapped underground at two copper mines in Zambia were successfully rescued after a nationwide power outage...

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Cold Box Unit Successfully Delivered to Kansanshi Mine in Zambia

Oliver MasundaNovember 27, 2024November 27, 2024

by Oliver MasundaNovember 27, 2024November 27, 20240423

Successful Delivery of Cold Box Unit to Kansanshi Mine in Solwezi The Cold Box Unit has been successfully delivered to Kansanshi Mine in Solwezi, marking...

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Zambia and DRC Join Forces to Construct Crucial Cross-Border Road Enhancing Regional Trade

Oliver MasundaNovember 27, 2024November 27, 2024

by Oliver MasundaNovember 27, 2024November 27, 20240562

Zambia and DRC Sign Milestone Agreement to Boost Trade and Infrastructure Zambia and the Democratic Republic of Congo (DRC) have sealed an agreement to construct...

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Barrick Gold Drives Growth Through Strategic Investments and Robust Portfolio

Oliver MasundaNovember 25, 2024November 25, 2024

by Oliver MasundaNovember 25, 2024November 25, 20240537

Barrick Gold: Strengthening Growth with Strategic Investments and Tier-One Assets Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) continues to solidify its position as an industry...