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DRC, Zambia
Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

The Chibuluma copper mine in Zambia. © Rogan Ward/Reuters

Jinchuan has found a way to make its Chibuluma copper mine in Zambia generate income again, after years of losses. It has also obtained a loan of $350m to develop Musonoi mine in the DRC. [...]

Published on 22/01/2021 at 06:00 GMT Reading time 2 minutes

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Mining

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DRC
Chibuluma Mines
China Development Bank
Jinchuan Group

Zambia
With his ally Hichilema in power, Mwinilunga MP presses for his gold-rich region to be developed

The Mwinilunga area, which is rich in gold in a country that has long focused on copper, has remained relatively excluded from Zambia's economic development. Yet elected officials in the region, particularly those from the party of new president Hichilema, want to see this change.

Subscribers only Mining 18.10.2021

Zambia's new president, Hakainde Hichilema

DRC, Zambia
CNMC reviews compliance rules after $16.6m copper contract "oversight"

The Chinese mining conglomerate plans to revise its internal controls after forgetting, for months, to inform to its board and the Hong Kong stock exchange about two copper contracts with a firm active in the DRC.

Subscribers only Mining 15.04.2021

Zambia
Sinomine finally starts producing key minerals for Chinese industry

Chinese public sector company Sinomine, which has until now provided geological, engineering and logistics services to other mining firms, has just begun producing copper in Zambia on its own account for the needs of Chinese industry.

Subscribers only Mining 19.02.2021

Spotlight | Zambia
Lungu adds gold tint to spruce up mandate

The election is just months away and Zambia's $12bn debt, its relations with China and its violent clashes with its historic copper partners weigh heavily on Edgar Lungu's tenure. To preen his image, his teams are busy working on the country's gold resources to generate revenue and jobs.

Subscribers only Mining, Politics 04.12.2020

In Focus | DRC, Southern Africa, Zambia
Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

The arrival of Chinese companies at copper-cobalt deposits in the DRC and Zambia has upset traffic on mineral evacuation routes. They are forcing road transporters to contend with extremely low prices, leaving them no choice but to fight the terms of each new contract and redistribute market shares among the African ports.

Subscribers only Mining 02.11.2020

Zambia
ZCCM-IH diversifies, but returns its focus to mining

Zambian state mining company ZCCM-IH is actively looking to expand beyond copper production. However, after several years of investing in new business sectors, the company is coming back to focus on the mining industry and is looking to extend its business to other minerals.

Subscribers only Mining 19.10.2020

Mauritius, Zambia
Zambia cuts mining multinationals from Mauritian base

By repealing its tax treaty with Mauritius at the end of June, Zambia wants to prevent the country's multinational mining companies, such as Glencore, First Quantum or Vedanta, from avoiding local taxes.

Subscribers only Mining 20.07.2020

Zambia
Copper: Lawyer Juliya Arbisman returns to the fray against Lusaka to help First Quantum

First Quantum subsidiary Kansanshi Mining, which has begun proceedings before World Bank arbitration body ICSID to obtain repayment of millions dollars of taxes from the Zambian state, has brought in a lawyer with a lot of experience in fighting its adversary.

Subscribers only Mining 15.06.2020

Juliya Arbisman is now a partner in American law firm Diamond McCarthy.

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DRC
Chibuluma Mines
China Development Bank
Jinchuan Group

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DRC, Zambia
Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

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Set up email notifications for these topics

Zambia
With his ally Hichilema in power, Mwinilunga MP presses for his gold-rich region to be developed

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CNMC reviews compliance rules after $16.6m copper contract "oversight"

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

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DRC, Zambia Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Zambia With his ally Hichilema in power, Mwinilunga MP presses for his gold-rich region to be developed

DRC, Zambia CNMC reviews compliance rules after $16.6m copper contract "oversight"

Zambia Sinomine finally starts producing key minerals for Chinese industry

Spotlight | Zambia Lungu adds gold tint to spruce up mandate

In Focus | DRC, Southern Africa, Zambia Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

Zambia ZCCM-IH diversifies, but returns its focus to mining

Mauritius, Zambia Zambia cuts mining multinationals from Mauritian base

Zambia Copper: Lawyer Juliya Arbisman returns to the fray against Lusaka to help First Quantum

DRC, Zambia China's CNMC bids to become central player in Copperbelt

Botswana, Namibia, Zambia CopperZone and Kalahari Copper planning RTO

Zambia Copperbelt province already looking to future beyond mining

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

DRC, Zambia
Jinchuan finally makes money from Chibuluma copper, gets green light for Musonoi

Zambia
With his ally Hichilema in power, Mwinilunga MP presses for his gold-rich region to be developed

DRC, Zambia
CNMC reviews compliance rules after $16.6m copper contract "oversight"

Zambia
Sinomine finally starts producing key minerals for Chinese industry

Spotlight | Zambia
Lungu adds gold tint to spruce up mandate

In Focus | DRC, Southern Africa, Zambia
Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

Zambia
ZCCM-IH diversifies, but returns its focus to mining

Mauritius, Zambia
Zambia cuts mining multinationals from Mauritian base

Zambia
Copper: Lawyer Juliya Arbisman returns to the fray against Lusaka to help First Quantum

DRC, Zambia
China's CNMC bids to become central player in Copperbelt

Botswana, Namibia, Zambia
CopperZone and Kalahari Copper planning RTO

Zambia
Copperbelt province already looking to future beyond mining