Mining vs Safety: Two killed in accident at Glencore’s Zambian mine

Mining vs Safety: Two killed in accident at Glencore’s Zambian mine

Two workers died in an accident at Glencore’s Zambian operation Mopani Copper Mines (MCM) on Tuesday, prompting it to suspend production pending investigations, the company said. Advertisements

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Africa Mining: “Zambia will enforce copper import tax” – Mining Minister

Africa Mining: “Zambia will enforce copper import tax” – Mining Minister

Zambia is determined to enforce a new 5 percent copper import duty, as part of a plan to keep a greater share of mineral resource profits for the country and tackle its debt, Mining Minister Richard Musukwa said.

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Africa Mining: Zambia’s mining investment arm ups stake in Copperbelt Energy

Africa Mining: Zambia’s mining investment arm ups stake in Copperbelt Energy

Zambia’s mining investment arm ups stake in Copperbelt Energy Zambia’s state mining investment arm is increasing its shareholding in Copperbelt Energy Corporation (CEC) by four percent, its CEO said on Monday.

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Africa Energy: World Bank to Fund Zambia Electrification

Africa Energy: World Bank to Fund Zambia Electrification

The government of Zambia will see funds from the World Bank in the amount of $26.5 million to enhance electricity access across rural areas. The project has been funded by a financial credit and will be implemented by the Rural Electrification Authority and ZESCO (the state-owned power company in Zambia).

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Africa Mining: First Quantum calls off massive job cuts in Zambia

Africa Mining: First Quantum calls off massive job cuts in Zambia

First Quantum Minerals (TSX:FM) has scrapped plans to lay off 2,500 workers in Zambia over an increase in mining taxes, and has committed to extend talks with the southern African nation’s government over the issue.

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Africa Mining: Barrick mulls selling Zambia copper mine over higher taxes

Africa Mining: Barrick mulls selling Zambia copper mine over higher taxes

Gold giant Barrick (TSX:ABX)(NYSE:GOLD) said Monday that while it continues to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for its Lumwana copper mine, it would consider selling the operation given the “challenging conditions” it’s facing.

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