by Michael Kaluba | Oct 7, 2024 | Uncategorized
Green Party Leader Peter Sinkamba says Zambia’s mining sector is still underperforming, despite a slight improvement in copper production figures for the first half of 2024. The country’s half year copper production rose to over 346,000 metric tons, up from 326,000 in...
by Michael Kaluba | Oct 7, 2024 | Business News, Economy
Zambia Chamber of Mines Chief Executive Officer Sokwani Chilembo says the country needs around $1.5 billion in annual investments for the next decade to boost the mining sector in addition to $200 million for exploration over the same period. Last month, the Zambia...
by Michael Kaluba | Oct 3, 2024 | Governance
Association of Mine Suppliers and Contractors President Costa Mwaba says share holder agreements are making it difficult to hold mining investors accountable in Zambia because the details of these agreements are kept confidential, thereby leading to speculations about...
by Michael Kaluba | Oct 2, 2024 | Economy, Governance
Green Party Leader Peter Sinkamba has criticized the 2025 national budget allocation of K300 million towards geophysical and geographical mapping, calling it a waste of public resources. Mr. Sinkamba contends that this amount could have been better utilized to support...
by Michael Kaluba | Oct 1, 2024 | Business News, Economy, Uncategorized
Kansanshi Mining has reported a strong half-year performance for 2024, attributed to higher copper prices and improved ore grades, despite continued electricity challenges. The company, a subsidiary of First Quantum Minerals-FQM, reported a net profit of $117 million,...
