Once the underground lake is empty, miners can begin sinking much deeper shafts to get at a huge formation that is 3.8 percent copper -- three times as rich as many mines in the Americas -- and ...

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Zambia plans to make copper mining companies account for the gold they produce as it seeks to boost revenue from its mineral resources, a senior ministry of mines official said on Thursday ...

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The Zambian government is expected to make a final decision on the sale of Mopani Copper Mines this month, securing a new investor for the assets it bought from Glencore in 2021, a source with ...

Insisting on auction-only sales of Kagem's emeralds – which are meticulously sorted and graded by size, colour and clarity at specialised facilities in Zambia – has been a game changer. "To put the numbers in context, when we acquired Kagem in 2008, the mine had annual revenues of just over $8 million,"says Mr Gilbertson.

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Jiangxi currently owns an 18.2% stake in FQM. Citing unnamed sources, newswire Reuters reported last week that FQM was in talks to sell a stake of its Zambian mines to Jiangxi, stating that the ...

Zambia is Africa's number two copper and cobalt producer after the Democratic Republic of Congo (DRC). It holds stakes ranging between 10% and 20% in mining projects through ZCCM-IH.

Initially designed to produce 45,000t of copper by 2015, the Lubambe mine was owned by Vale, ARM and ZCCM Investment Holdings. It is an underground mining operation located on the Zambian Copperbelt close to the town of Chililabombwe. Extensions of the copper mineralisation were identified 6km from the current mine along …

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TORONTO – Canadian copper miner First Quantum Minerals has shelved plans to sell a stake in its Zambian copper mines, COO Tristan Pascall said on Wednesday. China's Jiangxi Copper Co had been ...

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According to GlobalData, Zambia is the world's eighth-largest producer of copper in 2022, with output down by 0.56% on 2021. Over the five years to 2021, production from Zambia increased by a CAGR of 0.04% and is expected to rise by a CAGR of 0.29% between 2022 and 2026. GlobalData uses proprietary data and analytics to …

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Matthew Hall January 19, 2021. Share this article. Image credit: Wikimedia Commons. Commodities trader and miner Glencore has announced that its subsidiary Carlisla Investments has signed an agreement with Zambian's mining investment arm ZCCM to transfer its 90% interest in Mopani Copper Mines in a deal worth $1.5bn.

LUSAKA, April 5 (Reuters) - Zambia's copper output could rise to about 1 million tons by 2026, boosted by investment in expanding production at mines including those owned by First Quantum Minerals

The Zambian copper mining industry as we know it today had its genesis in the 1920s. Consistent private sector-driven investment in the industry over a period of over 50 years in exploration, mine ...

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Rothschild & Co, hired last year to find investors for Mopani, has whittled down the list to four, the sources said. Switzerland-based commodities giant Glencore sold a 73% stake in Mopani to ZCCM ...