Country Senior Partner, PwC Zambia. Tel: +260 (0) 211 334 000. The report presents a broad range of Zambian mining analysis, from key statistics to why trust has broken …

This chapter charts the history of the mining sector in Zambia from Independence to the current time, from the rise and decline of the state-owned conglomerate, ZCCM, to the …

Current and comprehensive mining and industrial, market data and investing news in Zambia.

The World Bank-funded $65.6 million Zambia Mining and Environmental Remediation and Improvement Project (ZMERIP), aims to reduce environmental health …

Zambia's uneasy relationship with mining investors has deteriorated over the past 12 months. ... Zambia, Africa's No. 2 copper producer, depends on the metal for about 70% of its export ...

Glencore's Zambian subsidiary Mopani Copper Mines (MCM) will resume mining operations for 90 days but still expects to go ahead with its initial plan to place its mining operations on care and ...

Published Feb 28, 2023. + Follow. Zambia is one of the African nations most dependent upon mining. Mining accounts for 80% of the country's export earning. And the world is dependent upon Zambia ...

Adobe Stock image. Zambia has been a major mining country for nearly a century, and mining continues to be the backbone of its economy.This article highlights recent trends and expected reforms in the country's mining sector. Throughout, these changes emphasize the need to develop comprehensive and responsive mineral …

The mining industry has been a backbone of Zambia's economy since its independence in 1964. It accounts for about 14% of Gross Domestic Product (GDP), over 70% of export earnings. …

Project Development Objective (from Project Appraisal Document) To reduce environmental health risks to the local population in critically polluted mining areas in Chingola, …

Image courtesy of Hakainde Hichilema's Twitter page. Zambia's president Hakainde Hichilema said on Tuesday he was still hopeful that at least 25 informal miners trapped four days ago by a ...

With a total of 11 metric tons of ore containing 40 percent combined zinc and lead, Kabwe is one of the highest-grade zinc and lead deposits in the world.41 Over 2010–15, the mining sector of Zambia is expected to grow 7.5 percent, to US$1.35 billion, according to Business Monitor International.

New mining policy coming-Kabuswe. March 12, 2022. 7. 1,649 views. Minister of Mines and Minerals Development, Paul Kabuswe, says his ministry will soon announce the new mining policy. Mr. Kabuswe ...

Zambia's rich mining history spans over 90 years, playing a key role in the country's social and economic development. Zambia is the second largest producer of copper in Africa …

The dispute has caused output to plunge. Vedanta has pledged to invest $1 billion in the assets to double annual integrated production to 100,000 tons of copper, with the potential to 200,000 tons ...

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Zambia has 6% of the world's copper reserves, and the metal accounts for up to 80% of its export earnings. The coming copper boom presents Zambia with an extraordinary opportunity – to enable ...

The project will increase Lumwana's annual production to an estimated 240,000 tonnes of copper from a 50 million tonnes per annum process plant over a 36-year life of mine, Barrick said on ...

View and download current and past publications of Mining News Magazine. Wednesday, March 6 2024. The Premium Source of Information on the Zambian Mining Industry ... is a premier source of news on mining developments in Zambia's most important industry. We provide in-depth coverage of mining projects and the personalities reshaping the …

Zambia's Chamber of Mines President Goodwell Mateyo said the government still owed around $1.6 billion in VAT refunds to mining companies as of the end of 2020.

The mining sector is important in Zambia and is likely to continue to be so. Zambia has a long history of mining and a large known resource base of copper, emeralds and other deposits, as well as good potential for further discoveries given the high degree of prospectivity. The mining sector is a major contributor to foreign direct

Despite short-term operational complications, the future of Zambia's mining industry is being laid with multi-billion dollar investment commitments. December 18, 2023. It's been a very promising year for mining in Zambia, with the sector attracting US$3.4 billion in investment commitments, doubling the pledges made in 2022.

The Zambia Mining Investment and Governance Review (MInGov) collects and shares information on mining sector governance, its attractiveness to investors and how its activities affect national development. It reviews sector performance from the perspective of three main stakeholder groups– government, investors in the mining value chain and ...

The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.

The mining and metals sector stands at a crossroads, navigating a complex storm of global uncertainty, supply chain disruptions, and the ever-present pressure to meet ESG demands. But amidst the turbulence, a new report from Deloitte, "Tracking the trends 2024," offers a beacon of hope. Highlighting ten key trends shaping ….

Zambia's mining sector welcomes budget concession BUT costs still set to soar. Zambia's mining sector welcomed a decision by the government to retain its value added tax (VAT) instead of ...

The call to action for the mining sector must be supported by continued improvements to the domestic operating environment and bring along regional partners. ... This appears to have already brought benefit to Zambia. In a well-choreographed stamp of approval for the changes HH's administration have brought in, the country's top copper ...

With copper prices reaching their highest yet above $10,000 a tonne in May and Goldman Sachs forecasting they could hit $10,500 by the end of 2021 as the world thirsts for metals needed to power ...

The establishment of the Minister's Mining Advisory Council was viewed highly by many of the respondents as a chance to create the space for open dialogue among the parties. 5. Conclusions The authorities3 and mining business players must own-up and embark on leading the development of sustainable mining principles4 relating to Zambia.

Zambia's mines minister said on Wednesday that the government had been reviewing the mining tax framework with key stakeholders to design a regime that would be stable, predictable and competitive.

The mining sector in Zambia continues to play an important national economic role and has in the last two decades experienced tremendous growth and investment, driven mainly by expansion in large-scale mining. Getting ahead, the government is focused on building a diversified and export-oriented mining sector …

LUSAKA (Reuters) -Zambia's newly-appointed mines minister said on Tuesday that the government will ensure stability and predictability in the mining sector, seeking to allay fears of royalty hikes.

Zambia isn't looking to take over more mining companies, nor is the government planning to nationalize the industry, according to Finance Minister Bwalya Ng'andu. The government has acquired ...

This Brief focuses on mining. Zambia is blessed with abundant deposits of copper and other minerals. Increased copper pro-duction has contributed much to …

London-Listed miner, Enviro Processing Limited (EPL) wants to spend over US$460 million to revive operations of the Kabwe lead, zinc and copper producer, situated in Central province after close to 10 years of inactivity. The plant, it is proposed together with auxiliary infrastructure will be installed at a total cost of more than US$465,000 ...

Zambia has already doubled mineral royalties to the 2014 rate of 6% in 2011. The new tax system aims to collect mining revenue at different stages in the production process with 30% corporate income tax to be levied on income earned from the processing of purchased mineral ores, concentrates and any other semi-precious …

Figure 1: Mineral revenues in Zambia 2010–20 (US$ million) Zambia's copper riches have been both liberating and limiting in revenue terms providing unplanned resource inflows during market booms and causing spending dificulties during market troughs (Figure 1). Since privatization of the mines began in the late 1990s, the Zambian government ...