Tag Archives: firm

Pull out by biofuels firm regrettable

THE Biofuels Associations of Zambia (BAZ) has described the decision by a Chinese firm, Kaid Bio Mass to pull out of Zambia, as unfortunate because the move will deny the country of the immense economic benefits. Kaid Biomass Zambia Limited … read more »

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FQM sitting on 60,000 tonnes of copper concentrates worth US$100 million

MINING giant First Quantum Minerals Limited (FQM) is sitting on 60,000 tonnes of copper concentrates worth US$100 million from its Kansanshi Mine in Solwezi because all smelters on the Copperbelt, are heavily congested with the mineral. FQM Director of Operations … read more »

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Ephraim declines Mosi music Awards

HIGHLY-acclaimed Zambian gospel artiste Ephraim Mutalange has declined to be part of the impending Zambia Music Awards because he believes he cannot be assessed by a liquor promoting firm. Ephraim has been nominated as best gospel artiste. The artiste says … read more »

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First Quantum Minerals to pay US$1 billion in profit tax to Government next year

First Quantum Minerals (FQM) has projected to be paying in excess of US$1 billion in profit tax to the Zambian Government annually once Sentinel Mine at Trident comes on stream in 2014. FQM resource optimisation manager John Gladston said in … read more »

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First Quantum to pay $1bn tax

FIRST  Quantum Minerals (FQM) has projected to be paying in excess of US$1 billion in profit tax to the Zambian Government annually once Sentinel Mine at Trident comes on stream in 2014. FQM resource optimisation manager John Gladston said in … read more »

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ZRL board unveils master plan

A NEW board at Zambia Railways Limited (ZRL) has been unveiled with plans to modernise railway infrastructure as part of its master plan to be implemented in the next three years. The board is chaired by former task force on … read more »

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Mines Minister concerned at issuing a mining rights license

MINES, Energy and Water Development Minister Yamfwa Mukanga expressed concern at the delayed issuance of the mining rights license to China Copper Mines (CCM) of Chingola. Mr Mukanga said in an interview after his fact-finding mission at CCM and two … read more »

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Halt Xue Jiang timber licence bid – PS

EASTERN Province Permanent Secretary Emmanuel Mwamba has demanded the immediate revocation of Xue Jiang Corporation’s timber licence application process in Petauke District. Mr Mwamba said his instructions follow the failure by the firm to follow procedures and regulations. Xue Jiang … read more »

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Envoy goes for hardwork

By NKOLE CHITALA OUT-GOING Zambian High Commissioner to India Keli Walubita has urged Zambians engaged by Pepsi Plant to be committed to their work and contribute to higher productivity levels. Mr Walubita said this will ensure rapid growth and expansion … read more »

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