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Zambia Mining News is an EIN News Service for mining professionals. Constantly updated news and information about Zambia Mining.
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Latest Zambia Mining News

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  • First Quantum to buy copper explorer Kiwara for 260m 24 Nov 2009 06:04 GMT
    ... MINER First Quantum has agreed to buy base metals explorer in a 260m cash and shares ... Toronto, Canada- based First Quantum has copper mining interests in Africa, while London-listed Kiwara has ...

  • First Quantum to Buy Copper Explorer Kiwara for 260 Million 24 Nov 2009 07:52 GMT
    ... Johannesburg — MINER First Quantum has agreed to buy base metals explorer Kiwara in a 260m cash and ... Toronto, Canada- based First Quantum has copper mining interests in Africa, while London-listed Kiwara has ...

  • Hana Mining reveals one of Africa's largest silver and copper districts 24 Nov 2009 08:20 GMT
    ... HOME > BASE METALS Hana Mining reveals one of Africa's largest silver and ... is planning on having an open pit mine which will be easier to mine and ...

  • Zambia to face cuts in power next year 24 Nov 2009 03:10 GMT
    ... power next year Load shedding expected as mines consume more energy Zambia, Africa's largest copper ... increased demand for power by the country's mining sector, an official said yesterday. Timothy Lungu, ... been lifted by increased investment in industrial metals. Lungu said while mining continued to grow ...

  • TSX sparkles as gold hits new record 24 Nov 2009 13:51 GMT
    ... TSX sparkles as gold hits new record By MALCOLM ... cents to 94.71 cents US. The base metals sector led advancers, up 1.2 per cent ... climbed 34 cents to $37.36. First Quantum Minerals Ltd. is to buy Kiwara PLC , ...

  • Mine contractors get $50m 24 Nov 2009 06:44 GMT
    ... have provided US$50 million to help Zambian Mine contractors and suppliers to execute contracts. And the ... company to benefit from the US$50 million mining services financing facility is Lusaka-based Keren Motors ... create modern facilities at our borders. “But more importantly is that the interest rates in ...

  • TSX end higher on resource issues, banks 24 Nov 2009 04:35 GMT
    ... TSX end higher on resource issues, banks TORONTO (Reuters) ... a generally weak performance by base metals miners. The strongest industrial metals miner was First Quantum Minerals, which rose 6.3 ...

  • Putting Waste to Work 24 Nov 2009 03:16 GMT
    ... Mumba first came to the Zambian copper mining town of Ndola in search of work, ... to work in the Bwana Mkubwa Copper Mine. Kariba comprised 130 housing blocks of six ... in the years since the rules preventing miners' families from living with them were cast ...

  • RPT-DEALTALK-Buyers ready bids for BHP nickel cast-off 23 Nov 2009 00:14 GMT
    ... disastrous $2 billion foray into specialty nickel mining. But who would want to buy one ... steel producer China this year. [ID:nHKG86186] "Nickel miners have reason be be a little more ... Lumwana copper mine. Minara, Australia's only nickel miner employing similar extraction methods tried at Ravensthorpe, ...

  • First Quantum Minerals to Acquire Kiwara PLC 23 Nov 2009 07:16 GMT
    ... High Yield Trust, Derek Joseph, New African Mining Fund, Geiger Counter and Ian Reynolds holding ... the potential to become a very significant mine." Mr. Philip Pascall, Chairman and Chief Executive ... also holds strategic investments in Mopani Copper Mines (16.9%), operator of the Nkana underground copper mine ...

  • First Quantum Minerals to Acquire Kiwara PLC Cash and Equity Transaction Valued at Approximately US$260.2 Million 23 Nov 2009 08:13 GMT
    ... High Yield Trust, Derek Joseph, New African Mining Fund, Geiger Counter and Ian Reynolds holding ... the potential to become a very significant mine." Mr. Philip Pascall, Chairman and Chief Executive ... also holds strategic investments in Mopani Copper Mines (16.9%), operator of the Nkana underground copper mine ...

  • First Quantum Minerals To Buy Zambia-focused Miner Kiwara For About US$260 Mln - Update 23 Nov 2009 12:35 GMT
    ... First Quantum Minerals To Buy Zambia-focused Miner Kiwara For About US$260 Mln - Update (RTTNews) ... High Yield Trust, Derek Joseph, New African Mining Fund, Geiger Counter and Ian Reynolds, who ... including 80% owned Kansanshi open pit copper-gold mine. In the third quarter, First Quantum posted ...

  • First Quantum: A Move to Legitimize African Mining 23 Nov 2009 19:24 GMT
    ... change the way investors view the African mining play. owns a number of properties in ... market valuation. However, First Quantum also has mines in Zambia, a country with a far more ... to be developed as an open pit mine in the same region as existing First ...

  • UPDATE 1-Miner First Quantum buys Kiwara for $260 mln 23 Nov 2009 09:40 GMT
    ... LONDON, Nov 23 (Reuters) - First Quantum Minerals Ltd has agreed to buy Kiwara Plc ... worth $260 million to expand its copper mining operations in Zambia, the firms said on ... record in development and has its flagship mine that it developed nearby -- we think the ...

  • Miners lead the charge 23 Nov 2009 10:56 GMT
    ... twelve-month highs it hit last week as mining stocks jump higher on the back of rising metals prices. Precious metals stocks in particular are ... the top risers. In industrial metals, Kazakh miner ENRC is a strong riser. There’s also ...

  • Zambia faces electricity rationing 23 Nov 2009 11:40 GMT
    ... increased demand for power by the country's mining sector, an industry official said on Monday. ... rationing) to sustain the operations of the mines and other industries like agriculture, which are ... were lifted by increased investment into industrial metals. Lungu said while mining continued to grow ...

  • Miner First Quantum buys Kiwara 23 Nov 2009 14:00 GMT
    ... worth $260 million to expand its copper mining operations in Zambia, the firms said on ... had nearly tripled so far this year before Monday's news as copper prices recovered. London ... record in development and has its flagship mine that it developed nearby – we think the ...

  • Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data (Dollar-Markets) 23 Nov 2009 19:57 GMT
    ... Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data ... three cents to US$3.14 a pound. Inmet Mining Corp. climbed 86 cents to $67.77. First Quantum Minerals Ltd. (TSX:FM) is to buy Kiwara PLC, ...

  • Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data 23 Nov 2009 20:36 GMT
    ... PRESS, cp.org, Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data ... three cents to US$3.14 a pound. Inmet Mining Corp. climbed 86 cents to $67.77. First Quantum Minerals Ltd. (TSX:FM) is to buy Kiwara PLC, ...

  • Miners propel Footsie higher 23 Nov 2009 09:37 GMT
    ... Market Movers FTSE 100 5,334.35 +1.58% techMARK 1,508.38 ... FTSE 250 9,278.31 +1.21% LONDON (SHARECAST) - Miners are driving Footsie higher again, with all ... to £156.26m from £151.56m a year earlier. Miner has agreed to buy rival Zambia-focused base ...

  • First Quantum Minerals to acquire Kiwara PLC in deal worth $260 million 23 Nov 2009 14:05 GMT
    ... VANCOUVER, B.C. - First Quantum Minerals Ltd. (TSX:FM) said Monday it has an ... PLC, a mineral explorer focusing on base metals in Zambia, in a cash and stock ... in Zambia while First Quantum is a mining and metals company based in Vancouver. First ...

  • BHP hoping to sell Ravensthorpe by year-end - Source 23 Nov 2009 08:10 GMT
    ... disastrous $2 billion foray into specialty nickel mining. But who would want to buy one ... stainless steel producer China this year. "Nickel miners have reason be a little more optimistic, ... Lumwana copper mine. Minara, Australia's only nickel miner employing similar extraction methods tried at Ravensthorpe, ...

  • RPT-CANADA STOCKS-TSX ends higher on resource issues, banks 23 Nov 2009 22:54 GMT
    ... TORONTO, Nov 23 (Reuters) - Toronto's main stock ... a generally weak performance by base metals miners. The strongest industrial metals miner was First Quantum Minerals, which rose 6.3 ...

  • CANADA STOCKS-TSX end higher on resource issues, banks 23 Nov 2009 22:54 GMT
    ... TORONTO, Nov 23 (Reuters) - Toronto's main stock ... a generally weak performance by base metals miners. The strongest industrial metals miner was First Quantum Minerals, which rose 6.3 ...

  • First Quantum diversifies African exposure 23 Nov 2009 18:18 GMT
    ... change the way investors view the African mining play. owns a number of properties in ... market valuation. However, First Quantum also has mines in Zambia, a country with a far more ... to be developed as an open pit mine in the same region as existing First ...


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