Zambia
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Vedanta raises $1.7bn, India’s largest ever offshore bond sale
This is a landmark transaction for Vedanta, which is joining domestic peers in catching the flood of US dollars being unleashed by central banks.
Transfer pricing: resource nationalism’s new battleground?
Moves to tighten tax collection and enforcement are a natural accompaniment to more stringent fiscal and local content regimes.
Zambia corners mining companies to stop tax evasion
New rules likely to come into force by mid-May.
Gemfields falls 27% as Zambia imposes ban on gemstones sales
World’s No. 1 emerald producer hits steepest decline in more than four years.
Warehouse stocks surging 40% just the start of copper sea change
Large buyer sees the most metal on offer for the first time in seven years.
Zambia makes large-scale mining fees 15 times higher
They'll go from $340 to $5,400 beginning this month.
Zambia revokes license for Chinese-owned coal mine
The measure comes in response to violations of safety and environmental laws and a failure to pay mineral royalties.
Copper production in Zambia on track for 1.5m tonnes
Foreign firms pouring $3 billion into the sector.
$400m greenfield copper mines deal in Zambia
THE International Finance Development Corporation (IFDC) has signed a US$400-million investment deal with a local firm for the development of the greenfield copper and emerald mines which will create 6,000 jobs.
Foreign mining firms face up to 50% wage hikes in Zambia
Pay and working conditions have become a thorny issue in Zambia particularly when it comes to the many Chinese-run mines in the country.
Vale kicks off copper production at Zambia mine
Brazil's Vale (NYSE:VALE) announced it has started producing copper concentrate at its Lubambe mine in Zambia.
Government officials say Zambia to start publicly declaring mining revenues this year
Government officials told reporters today that Zambia aims to start publicly declaring the entirety of its mining revenues by the end of this year amid heightened efforts to increase transparency throughout the sector.
Finance minister: Zambia to set up $120 million copper transport line
Zambian Finance Minister Alexander Chikwanda told reporters today that the government will invest USD 120 million to rehabilitate a railroad line between the largest producer of copper in Africa and South Africa.
Fatal clash over $80 a month mining wage strains Zambia China relations
A Chinese supervisor died on Saturday after being hit by a trolley pushed at him at the Collum mine in Zambia during a dispute over minimum wages.
After burning fingers in Congo, First Quantum is going big in Zambia
The Vancouver-based miner inked a deal with a Zambian firm for a new mine on Monday adding to its already ambitious expansion plans totalling $3.7 billion which includes building one of the world's largest copper smelters.
Barrick misses expectations and delays Pascua-Lama
Barrick Gold, the world's largest producer of the precious metal, reported higher-than-expected operating costs and a massive capital cost over-runs on Thursday in its first quarterly report since letting go CEO Aaron Regent in June.
China Gold International picks up a Zambian miner for $20.4 million
China Gold International Resources is acquiring China Nonferrous Mining Corporation Limited for HK$155.1 million.
Denison Mines net loss widens to $52 million on sale of US assets
Denison Mines Corp shed 1.2% on Wednesday bringing its losses over the last week to 19% ahead of quarterly results that showed the company widened losses to $51.9 million.
Chinalco Mining seeks $1 billion IPO for massive Peru copper mine
With huge investments in Peruvian copper, Chinalco Mining, a division of the giant Aluminum Corp of China, follows another Chinese state-owned miner to the Hong Kong market to raise money.
Human Rights Watch: Think twice about investing in Zambia copper mine IPO
China's state-owned CNMC's Hong Kong IPO could raise as much as $500 million.
Zimbabwe going swimmingly for Caledonia, but platinum rights in South Africa go missing
Production at Blanket in Zimbabwe doubled and the Toronto-based company said it paid direct and indirect taxes, royalties, licence fees, levies and other monies to the Government of Zimbabwe totalling $13,6 million.
First Quantum Minerals Provides Mineral Resource and Reserve Estimates for Its Sentinel Copper Project, Zambia
First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today issued the mineral resource and reserve estimates for its Sentinel copper project in Zambia. The project is part of the Trident project that is located approximately 150 kilometres west of the Company's flagship Kansanshi mine.
Zambia threatens to pull exploration licences; First Quantum, BHP among 400 companies affected
More trouble is looming on the horizon for First Quantum Minerals and other companies operating in Zambia.
First Quantum, unions heading to court over Zambian copper mine
First Quantum Minerals (TSX:FM), is going to court over a disputed labour agreement at its Zambia copper mine, after talks between the company and unions collapsed.
Investors pile into Caledonia Mining after new copper-cobalt find in Zambia
Caledonia, worth $57 million on the TSX, is up 35% so far this year and ten times the usual volume of 131,000 shares changed hands on Monday.
The scramble for Africa's copper: Never mind the Chinese, Ivanhoe's Friedland says he has the prize asset
Serial mega-mine developer Robert Friedland said in early February that Ivanplats will be developing the Kamoa mine in the DRC, Africa’s largest copper project that will have a lifespan that can be “measured in generations as opposed to decades.”
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