Zambia Zambia s Mines have Suffered an Alarming drop in Revenue over

THE Zambia Chamber of Mines says the country s mining companies have suffered an alarming drop in revenue over the three months from February April 2024 illustrating the financial impact of

Mining Laws and Regulations Report 2024 Zambia ICLG

Sep 13 2021The primary law governing the mining sector in Zambia is the Mines and Minerals Development Act No 11 of 2024 of the Laws of Zambia MMDA as read together with the Mines and Minerals Development Amendment Act No 14 of 2024 The MMDA became effective on 1 st July 2024 although the date of assent was 14 th August 2024 It repealed and replaced the Mines and Minerals Development Act No 7 of 2024

Ministry of Energy MOE

Government holds Investment Forum for Off Grid Solar in Zambia The Ministry of Energy in collaboration with the Ministry of Health held an Off Grid Solar Investment Forum on 8th July 2024 with a focus on Read More

Zambian Mining News The Premium Source of Information on The Zambian

FQM remains persistent despite decreased output In contrast to many of its competitors Canadian miner First Quantum has decided to maintain its 2024 cost projection despite inflationary pressures and decreased output from its mines in Zambia Despite second quarter cash expenses exceeding the upper limit of the yearly guidance the business

Starting a Business ZDA

The investor has to register her business with the Patent And Companies Registration Agency PACRA Investors have to submit forms Form 2 Application for Incorporation Form 5 Declaration of Consent to act as a Director or Secretary Form 11 Declaration of compliance and pay related fees source World Bank Doing Business 2024

CHAPTER 184 THE LANDS ACT Food and Agriculture Organization

3 1 Notwithstanding anything to the contrary contained in any other law instrument or document but subject to this Act all land in Zambia shall vest absolutely in the President and shall be held by him in perpetuity for and on behalf of the people of Zambia

Abusive conditions in Zambia s Chinese run mines

A new report by Human Rights Watch has revealed that while Zambians working in the country s Chinese run copper mines welcome the substantial investment and job creation they suffer from

Zambia Development Agency Box 30819 Lusaka Zambia Tel 260 211 220177/ 260 211 225270 Email zda Zambia Chamber of Mines Mpile Office park Cathedral Hill 74 Independence avenue 51393 RW Lusaka Zambia Telephone 260 211 258383/4 Fax 260 211 258383/4 Email info Web Resources Zambia Chamber of Mines

UPDATE 2 Zambia names new mines minister governor resigns

Sep 7 2021LUSAKA Sept 7 Reuters Zambian President Hakainde Hichilema on Tuesday announced the appointment of lawmaker Paul Chanda Kabuswe as the country s new minister of mines and minerals and

Zambia ASM United Nations Economic Commission for Africa

The mining is done by at least 12 large scale mines medium scale more than 400 small scale miners and non specified number of illegal miners and artisanal miners who are estimated to be over 500 thousand Country Mining Vision Status CMV Processes Underway Policies Laws and Regulations Currently in Effect

Urgent Warning For Anyone With an IRA or 401 k Newsmax

On December 20 2024 Congress officially passed the SECURE Act And buried deep inside the bill under Title IV Sec 401 is an obscure clause that punishes responsible savers and investors like you In fact Barron s said it was the most sweeping retirement legislation in more than a decade

Silweya v Konkola Copper Mines PLC 2024/HK/04 [2024] ZMHC ZambiaLII

It was deposed that the applicant was employed by the respondent in April 1985 by the then Zambia Consolidated Copper Mine ZCCM as Trainee Electrical Engineer and crossed over to the respondent on 31st March 2024 into force of an Act of Parliament or its amendment without Parliament having to pass a new Act Therefore Statutory

Zambia Royalty Spat Halts $2 Billion of Copper Mine Projects

Sep 30 2020Matthew Hill Copper miners in Zambia have halted $2 billion of planned investments because a royalty tax introduced last year makes the projects unviable according to an industry lobby group A

REPUBLIC OF ZAMBIA National Assembly of Zambia

REPUBLIC OF ZAMBIA THE MINES AND MINERALS ACT CHAPTER 213 OF THE LAWS OF ZAMBIA CHAPTER 213 THE MINES AND MINERALS ACT THE MINES AND MINERALS ACT ARRANGEMENT OF SECTIONS PART I PRELIMINARYPART I PRELIMINARY Section 1 Short title 2 Interpretation 3 Rights to minerals vested in the President PART II MINING RIGHTS GENERALLYPART II MINING RIGHTS

Zambia Mining and Minerals International Trade Administration

Services for Companies New to Exporting Services for Companies Currently Exporting Zambia Mining and Minerals Last published date 2024 09 01 The mining sector is governed and regulated by the Mines and Minerals Development Act No 11 of 2024 which covers types of mining rights acquisition of mining rights rights

Zambia Hichilema Continues Push To Get New Capital Into Mines Konkola

The government takeover of KCM goes to an arbitration hearing in January 2024 in London Zambia s mines minister Paul Kabuswe said on June 1 KCM provisional liquidator Celine Nair said in a statement that a strategic equity investor would be required to guarantee the development of the company s $ billion Konkola Deep Mining Project KDMP

Economy of Zambia Wikipedia

For the first time since 1989 in 2024 Zambia s economic growth reached the 6% 7% mark needed to reduce poverty significantly Copper output has increased steadily since 2024 due to higher copper prices and the opening of new mines The maize harvest was again good in 2024 helping boost GDP and agricultural exports

Kangaluwi Copper Mine in the Lower Zambezi National Park Zambia

The proposed mine is the first in Zambia which involves a foreign owned company Zambezi Resources Limited to develop a large scale mining project inside Zambias national park In 2024 the Australia based company Zambezi Resources Ltd was granted an exploration licence of 240sqkm in the Lower Zambezi National Park and established a subsidiary

Tuberculosis in the mines of Zambia A case for intervention

According to the Occupational Health and Safety Institute the regulatory body established under the Occupational Health and Safety Act 2024 of Zambia [18] the weighted average of the incidence rate of PTB among current mines 1994 2024 was 658 per 100 000 populations

International Arbitration 2024 Zambia Global Practice Guides

For example Section 101 of the Public Procurement Act No 8 of 2024 the Procurement Act provides that any dispute over a matter or decision made under the Procurement Act shall be determined by arbitration in accordance with the provisions of the Arbitration Act No 19 of 2024 the Arbitration Act Furthermore Section 56 of the

Mines and Minerals Act Environmental Regulations

1 A developer shall prepare and submit six copies to the Director of an environmental project brief before undertaking any prospecting exploration or mining operations 2 For the purpose of prospecting exploration or mining operations under these Regulations a developer shall appoint a mine manager

INCOME TAX AMENDMENT ACT 2024 OF 2024 PacLII

The principal Act is amended in section 18 2 as follows 6 a by inserting in paragraph m after the words section 36 the words and at a rate of not less than twenty percent b by deleting paragraph 0 and substituting the following paragraph

Zambia s new president tackles debt mountain and empty treasury

His fiscal juggling act has been eased by a higher copper price which has risen to a 10 year high and recently breached $10 000 a tonne The government is targeting GDP growth of per cent in

Zambia starts search for new investor in Konkola Copper Mines

Kitco News LUSAKA June 7 Reuters Zambia s Konkola Copper Mines KCM will appoint an adviser to help it find an equity investor willing to fund the mine s expansion its provisional liquidator said on Tuesday Zambia s previous government put KCM into the hands of a liquidator in May 2024 triggering an ongoing legal dispute with Vedanta

FQM Zambia copper smelter nearing commercial production

Over 180 000 t of sulphuric acid have been produced by the smelter and used in the mine s oxide and mixed circuits and the mine s C1 cost of production has been lowered to between $ and $ per pound from an average of $ in the first quarter of 2024 We are very pleased with the performance of the smelter

Zambian president names new mines minister

Sep 7 2021Zambia s President Hakainde Hichilema on Tuesday announced the appointment of lawmaker Paul Chanda Kabuswe as the country s new minister of mines and minerals Kabuswe member of parliament

Mine Health and Safety Overview Department of Mineral Resource

Enforcing the Mine Health and Safety Act 1996 Act No 29 of 1996 and its provisions as amended Developing policies and legislation to guide enforcement Investigations inquiries inspections and audits in the South African mining industry Facilitating HIV/AIDS work in the South African mining industry Chairing tripartite structures

We ll repeal replace Loans and Grants Act Zambia News Diggers

In addition the Bank of Zambia has so far purchased kilograms of gold since December 2024 at a cost of million Gold weighing kilograms was purchased from Kansanshi Copper Mines at a cost of million while kilograms was purchased from Zambia Gold company a subsidiary of ZCCM IH at a cost of million

Employment Labour Laws and Regulations Zambia 2024

The repealed Minimum Wages and Conditions of Employment Act Chapter 276 Volume 15 of the Laws of Zambia defined protected person to mean a worker whom a statutory order made under this Act applies However the Employment Code Act does not define a protected person

How to Get a Small scale Mining Licence in Zambia

In recent years mining activity has expanded beyond the Copperbelt Province and the North Western Province has been particularly one of the more successful new mining territories in Zambia Rightfully dubbed the new Copperbelt North Western Province is home to the famous Lumwana Mine commissioned in 2024 and successfully producing an average of about 169 000 metric tonnes per year