Cabinet approves 2024 budget, declaration of critical minerals
• 2024 Estimates of Revenue and Expenditure have been prepared in accordance with the Budget Policy Concept Paper.• Cabinet also approved the declaration of critical
Tag : copper
Kwacha to stabilize in last quarter
• The local unit is also likely to respond to high copper prices on the international market.• Factors that have contributed to the depreciation of
Economist backs 3.5% projected GDP growth
• It is very possible to achieve a GDP growth rate of 3.5 percent.• What constitute the country’s GDP mostly is the agriculture and mining
MUZ calls for improved miners’ salaries
• Mine workers’ salaries need to improve. • Some mining firms are still reluctant to better the wages. • Copper prices which determine salary increments
Copper projected to perform positively this week
An Economist has projected Copper prices to perform positively this week as more countries around the world continue to open up and commodity demand grows.
ZCCM Gold Company injects K45 million for Kasenseli Gold Mine Project.
ZCCM-IH says the ZCCM Gold Company has injected approximately K45 million for the initial phase of the Kasenseli Gold Mine Project in Mwinilunga District in
Zambia should transition from copper export to consumption.
A Financial Analyst has called on the government to reduce the country’s reliance on copper exports but uses the mineral in the local manufacturing industry.
Copper price gains by over 0.3 percent
The price of copper, Zambia’s major foreign exchange earner gained by over 0.3 percent to trade at US$ 5,662 from US$ 5,644 per ton. Trade
PPIZ wants copper processed locally
The Public Policy Institute of Zambia (PPIZ) has observed the need for Zambia to start processing copper locally in order to fully benefit from the
Zambia Chamber of Mines projects low copper prices in 2019.
The Zambia Chamber of Mines projects that the copper prices are expected to drop next year as a result of the trade war between China