Search results for 'Zambia'
World
African Capital Markets Update: Positive Outlook Despite Contrasting Performance - Challenges Ahead
In the past week, the All-Share Index rose 7.59%, ranking the best performing stock market in Africa. The bourse registered growth on the back of a remarkable 17% surge in the Utilities sector, primar
Apr 04, 2023
World
Zambia's Copper Exports to China: Navigating the Impact of China’s Reduced Imports
Zambia is Africa's second-largest copper producer, with the metal accounting for around 70% of its export earnings according to Reuters. China has been one of the primary markets for Zambian copper, a
Apr 14, 2023
Companies
Zambia Forestry Corp. Delivers Resilient Financial Performance in Challenging Times
The corporation generated a total revenue of ZMW386 million ($21.9 million) from the sale of roundwood and treated poles compared with ZMW366.6 million ($20.7 million) in 2021, representing an increas
May 10, 2023
Companies
Rare Earth Element Bonanza in Zambia: Prospect Resources secures Option for 51% in prospective REE project
The Kesya Project includes a large-scale exploration license where previous geological mapping and sampling has identified a large rare earth element (REE)-enriched carbonatite intrusion. Rock chip sa
May 15, 2023
Zambia
"Copper surplus hits 332,000 tonnes in Q1 2023, what does it mean for Zambia and other copper producers?"
According to the ICSG, world refined copper output increased by 7.5% to 6.69 million tonnes, while usage was estimated to be 2.3% higher at 6.35 million tonnes. This surplus can be attributed to a ris
May 29, 2023
Zambia
ZCCM Investments Holdings Releases 2022 Financial Update, Focus on Reviving Mopani and Pursuing New Opportunities
Mopani, ZCCM’s flagship copper mining operations, incurred a loss of ZMW5.08 billion in 2022 compared to ZMW 1.46 billion in 2021. Mopani’s smelter shutdown for 45 days hampered its copper production,
Jul 02, 2023
Climate
CEC Reports Strong Half-Year Results, Resolves Historic Issues, and Focuses on Clean Energy Integration
For the six-month period ending June 30th, 2023, CEC reported revenues of USD 186.6 million, a 2% increase from the previous year, primarily attributed to regional and local power sales growth. The co
Aug 25, 2023
Zambia
ZCCM Investments Holdings PLC Progresses in Negotiations with Vedanta: A Game-Changer for Zambia's Mining Industry
ZCCM Investments Holdings PLC (ZCCM-IH) has taken a significant step forward in negotiations with Vedanta Resources Limited, potentially reshaping the future of Konkola Copper Mines (KCM). The recent
Nov 07, 2023