DRC: Copper production to rise to 1 million tons in 2015
Democratic Republic of Congo will produce about 1 million tons of copper for the second consecutive year in 2015, the mines ministry said on Thursday. […]
Zambia
Zambia forecasts 15% drop in copper output
Zambia is expected to produce 600 000 tons of copper this year, down 15 percent from 708 000 tons in 2014, a government official said […]
U.S. allocates additional $300 Mln to fight HIV in Africa
The Obama administration is allocating an additional $300m to the effort to reduce HIV infection among girls and young women in 10 sub-Saharan African countries. […]
Zambia: gov’t okays Glencore’s job cuts, but wants due process followed
Zambian President Edgar Lungu is “open” to job cuts at Glencore Plc’s local unit as the company faces low copper prices and rising costs, his […]
Zambia to export power in a year
Zambia’s government is taking measures to ease power shortages and the southern African nation will be a net exporter of electricity within 12 to 13 […]
DRC: Glencore starts talks with Gov’t on Katanga mine
Mining and trading company Glencore held talks with Congolese officials in Kinshasa about the company’s plans to suspend operations at one of the country’s biggest […]
Zambia: ‘We will maintain a flexible exchange rate’ – Central Bank Governor
Zambia’s central bank will not intervene in the foreign exchange market to defend the kwacha, Governor Denny Kalyalya said on Thursday after the currency fell […]
Zambia: Lower economic growth foreseen as copper earnings drop
Zambia’s Ministry of Finance indicated on Sunday that slower economic growth and more fiscal deficit are expected this year as weak global demand for copper […]
Zambia: Dangote Cement plans $900 Mln investment
Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]
Zambia: Copper mines facing 30% cut in power supply
Zambia’s power provider to mining companies, Copperbelt Energy Corp., has announced a power supply cut by 30 percent starting Thursday midnight, the country’s Chamber of […]