Mining
The Centre for Trade Policy and Development has proposed the imposition of Foreign Exchange Controls on the mining sector to avoid the externalization of money by mining firms. The Centre for Trade Policy and Development says despite Copper prices increasing to over US$9,000 on the London Metal Exchange, Zambia is losing out due to the […]
Leader of the opposition Patriots for Economic Progress Party, Sean Tembo says Government’s continued attempt to get a bailout loan from the International Monetary Fund when the price of Copper price is at about 9,000 dollars per metric tonne, is evidence that the Patriotic Front have failed to run the country. Mr. Tembo says it […]
Mines and Minerals Development Minister, Richard Musukwa says his Ministry has engaged the Zambia Police Service in all the areas where Manganese is being mined as a remedial measure to curb illegal mining. Mr. Musukwa says his Ministry has revoked all dormant licenses in order to pave way for serious investors both local and foreign, […]
Mines and Minerals Development Minister, Richard Musukwa says claims that Zambian cannot run mines are an insult on the intelligence of the Zambian people. Mr Musukwa says a lot of Zambian mining experts are running international mines and the time has come for them to utilise their expertise locally. Issuing a ministerial statement in Parliament […]
The Centre for Trade Policy and Development says Glencore stands to benefit more from the sale of its’ 90% shares in Mopani Mine than ZCCM-IH. Last week the Zambian government announced its strategic step to own 100% shares in Mopani Copper Mine through the state mining investment arm, ZCCM-IH. However, CTPD Senior Researcher Extractives, Webby […]
The Movement for Democratic Change has challenged government to provide more details regarding the acquisition of 100% shares in Mopani Copper Mines Plc. Party President, Felix Mutati said this information will enable citizens to evaluate the deal government has entered into on their behalf. Mr Mutati said Zambians deserve to understand why Glencore has decided […]
The Industrial Development Corporation says ZCCM-Investment Holdings has the capacity to efficiently manage Mopani Copper Mines. IDC Group Chief Executive Office Mateyo Kaluba says Mopani’s Board of Directors and Management will be competent enough to professionally run the newly acquired mine. In reaction to sentiments that ZCCM-IH does not have the capacity to run the […]
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