Search results “Lumwana mining company limited zambia revenue”
Making Mining Work for Zambia: Economic, Health, & Environmental Nexus of the Copper Mining Economy
Zambia's rich mineral resources are one of the country's most important assets. They contribute to national income, exports, employment and government revenue. As the country looks to the future, Zambia faces important choices on how to manage its mineral wealth. There are trade-offs in the design of the mining fiscal regime. Mining inevitably entails environmental and public health risks. Mining firms make choices about procurement that influences the industry's contribution to the Zambian economy. This brief video introduces the World Bank's Fifth Zambia Economic Brief "Making Mining Work for Zambia: The Economic, Health, and Environmental Nexus of Zambia's Copper Mining Economy," which was released in June 2015. It asks how Zambia can uses its mineral resources to help the country achieve its economic development ambitions. The report suggests areas where the government, business community, and civil society can collaborate to enhance the contribution of mining to Zambia.
Views: 6415 World Bank
The future of mining in Zambia
Africa is a continent blessed in natural resources. Given the continents' painful past, this can either be viewed as more of a curse than a blessing. Celebrating 50 years of independence and 14 years since the re-privatization of its mines, Zambia is an economy looking to gain traction on its own resource growth trajectory. CNBC Africa's Gugulethu Mfuphi sits down with leaders in the country's mining fraternity as they give their insights into the future of mining in Zambia; these include Nathan Chishimba, director of Barrick Lumwana Mine, Jackson Sikamo, president of Zambia Chamber of Mines and Mathias Mpande, economist & lecturer at the University of Zambia.
Views: 2370 CNBCAfrica
Zambian copper treasures
Metorex Chibuluma mine, in the heart of Zambia's historic Copperbelt Province, has persevered through nearly 60 years, and exploration efforts continue to extend the mine's life. Chibuluma's modern fleet of Sandvik underground trucks, loaders and drills has helped the mine steadily increase production to more than 48,000 monthly tonnes of copper ore.
Zambia's new mining code
The Zambian government has rebuffed calls for the relaxing of rules in its gemstone mining and auction sector . Its says current controls were important to retain more of the value from the minerals locally. The government which has released a policy paper on the sector says it aims to increase the participation of Zambians in the mining sector. Its added that local medium and small scale miners, will now be able to benefit from mining in the world's third largest copper producer.
Views: 477 CGTN Africa
Zambia's falling copper prices leads to local job losses
Zambia, Africa's second biggest copper producer, is bearing the brunt of falling global demand for the industrial metal. As Farai Mwakutuya reports, the downturn is having a detrimental effect on local mining communities.
Views: 527 CGTN Africa
KCM disputes $18 million Zambia tax bill
KCM disputes $18 million Zambia tax bill. Subscribe: https://goo.gl/eeXniN KCM disputes $18 million Zambia tax bill Facebook Twitter Google+ Pinterest WhatsApp Konkola Copper Mine(KCM) Vedanta Resources’ Zambia unit, Konkola Copper Mines (KCM), is disputing a bill of almost $18 million slapped on it by tax authorities after an audit, an industry source familiar with the matter, told Reuters on Wednesday. Zambia’s revenue authority concluded audits of mining companies that prompted it to hit Canadian miner First Quantum Minerals with a tax bill of $8 billion. A KCM comp... Subscribe: https://goo.gl/eeXniN
Views: 35 Z News
Impact of Zambia’s mining on existing & potential investors
The Zambia International Mining and Energy Conference is currently taking place in Lusaka aimed at discussing options for the sustainable development of Zambia's mining and energy sectors.
Views: 67 CNBCAfrica
The mid 1990's was a dire time in Kabwe, Zambia. HIV/AIDS had been gaining momentum for some time, facilitated by widespread ignorance, stigma and denial. The proportion of the population affected directly or indirectly by the HI virus was spiralling out of control. As parents died, grandparents took on the responsibility of stretching their meagre resources to care for the growing population of orphaned children. As if this wasn't enough, the economy in Kabwe was also dying. Almost overnight the region's copper mines halted to a stop as the international price of copper plummeted. This economic shock snowballed leading to the bankruptcy of textile factories, zinc and lead mines (see photo above) and the privatization and downsizing of Zambian Railways. The citizens of Kabwe were devastated. It was during these crises that a handful of caregivers decided to organize Chindwin Home Based Care (CHBC). These caregivers volunteered their time and resources to care for the overwhelming number of individuals crippled and housebound because of AIDS. These efforts operated with little government support during a time when the prices of antiretroviral medication were exorbitant and beyond the means of nearly all Zambians. After a few years of fighting an uphill battle, some of the caregivers decided to develop a microcredit program whereby caregivers could invest in a savings fund. The fund acted as a source for community members to secure loans and as an investment opportunity whereby caregiver contributions would be repaid with a percentage of the interest payments. Furthermore, the remaining interest would be earmarked to the newly formed Chindwin Home Based Care - Savings and Loans Association (CHBC-SLA) who used these funds to support community projects. CHBC-SLA is a small - but growing - group of concerned citizens with the shared goal of improving the well being of the people in the Chindwin area by offering care and support for those affected by HIV/AIDS, empowering vulnerable populations (e.g. women and children), providing micro-loans and investment opportunities, and raising money to donate to community projects. Wherever a community need is identified you will find someone from CHBC-SLA. Currently, CHBC-SLA has lofty aspirations but is limited by considerable resource constraints. CHBC-SLA still operates as a volunteer, not-for-profit organization with only one paid staff member. Anyone with questions or interest in funding the organization may contact Wilson Ngosa, CHBC-SLA program manager ([email protected]).
Views: 54 CHBCSLA
Copper mining over dependence affecting other sectors of Zambia's economy
Over the last decade, Zambia's GDP growth has steadily risen from just over 5% per year, to over 7% in 2012, in part due its natural resources. That growth, however, isn't trickling down - over half of Zambians still live well below the poverty line. Job opportunities are scarce and earnings, on average, are still low. CCTV's Julie Scheier has the details from Zambia's capital, Lusaka.
Views: 511 CGTN Africa
British High Commissioner visiting Kagem Mine in Zambia
British High Commissioner visiting Gemfields' Kagem Mine in Zambia
Mining Expectations
Zambia har rich deposits of copper. Civil society organizations demand higher taxes for the mining sector. The mines say they pay a fair share of their profits. The general population remains poor. Norwegian tax experts think that Zambia could more the double its tax revenue from the mining sector.
Finding out What Are Mineral Rights Worth
The main question that a landowner tries to understanding is what are mineral rights worth and how do I make the most profit from it? Check this video to know more or read on http://www.minvalspec.com/what-are-mineral-rights-worth
West Lunga National Park Initiative | Northwest Zambia
Once described as "a little known game reserve" by W.F Ansell, author of "An International History of Mammalogy (1991)" this unique National park is in need of support. Located in the Northwestern Province of Zambia, Africa, the West Lunga National park has faced years of neglect through lack of development, poaching and inaccessibility. In 2014 the Trident Foundation, a not-for-profit, was established in a new town development near to the park. The Wildlife and Conservation department have undertaken the mammoth task to assist the Department of National Parks and Wildlife to manage the park. Coverage over the 12,000 square kilometers has increased, as resources for patrols and communications have improved. This initiative is in need of additional support. For more information on the project, and how to get involved, email the address below: [email protected] Narrated by Dorian Tilbury, Wildlife and Conservation Coordinator at the Trident Foundation. Filmed and Edited by: The Rusty Mokoro Instagram: @therustymokoro Email: [email protected]
Views: 3576 The Rusty Mokoro
Ian Harebottle of Gemfields Talks to Proactive Investors
Ian Harebottle, CEO of Gemfields, talks about rebuilding & rebranding coloured gemstones in the minds of consumers, US$40 million sales & US$20 million post tax profit, exceeding their revenue goals this year, exploration activity in Madagascar, and potentially the world's biggest producing ruby deposit in Mozambique (Dec 11) See Gemfields' full Proactive Investors profile page here: http://www.proactiveinvestors.co.uk/LON:GEM/Gemfields/
Mineral industry of Africa | Wikipedia audio article
This is an audio version of the Wikipedia Article: https://en.wikipedia.org/wiki/Mineral_industry_of_Africa 00:02:19 1 Key producers 00:03:25 2 Economics 00:03:35 2.1 Organizations promoting exports 00:04:42 2.2 Dependence of African countries 00:06:16 2.3 Investment 00:08:13 2.4 Exploration 00:09:57 2.5 Trade 00:15:26 3 Legislation 00:18:14 4 Environment 00:19:53 5 Metals 00:20:02 5.1 Aluminium, bauxite, and alumina 00:23:38 5.2 Copper 00:29:14 5.3 Gold 00:34:05 5.4 Iron and Steel 00:36:18 5.5 Iron ore 00:37:58 5.6 Lead 00:40:46 5.7 Nickel 00:42:53 5.8 Platinum-Group Metals 00:44:46 5.9 Zinc 00:47:52 5.10 Titanium 00:48:20 6 Industrial minerals 00:48:30 6.1 Diamond 00:52:59 6.2 Phosphate Rock 00:54:07 7 Mineral Fuels 00:54:17 7.1 Coal 00:57:10 7.2 Uranium 00:59:14 8 Oil 00:59:47 9 See also Listening is a more natural way of learning, when compared to reading. Written language only began at around 3200 BC, but spoken language has existed long ago. Learning by listening is a great way to: - increases imagination and understanding - improves your listening skills - improves your own spoken accent - learn while on the move - reduce eye strain Now learn the vast amount of general knowledge available on Wikipedia through audio (audio article). You could even learn subconsciously by playing the audio while you are sleeping! If you are planning to listen a lot, you could try using a bone conduction headphone, or a standard speaker instead of an earphone. Listen on Google Assistant through Extra Audio: https://assistant.google.com/services/invoke/uid/0000001a130b3f91 Other Wikipedia audio articles at: https://www.youtube.com/results?search_query=wikipedia+tts Upload your own Wikipedia articles through: https://github.com/nodef/wikipedia-tts Speaking Rate: 0.8469582333649536 Voice name: en-GB-Wavenet-A "I cannot teach anybody anything, I can only make them think." - Socrates SUMMARY ======= The mineral industry of Africa is the largest mineral industries in the world. Africa is the second largest continent, with 30 million km² of land, which implies large quantities of resources. For many African countries, mineral exploration and production constitute significant parts of their economies and remain keys to economic growth. Africa is richly endowed with mineral reserves and ranks first or second in quantity of world reserves of bauxite, cobalt, industrial diamond, phosphate rock, platinum-group metals (PGM), vermiculite, and zirconium. Gold mining is Africa's main mining resource. The Central African Mining and Exploration Company (CAMEC), one of Africa's primary mining enterprises, is criticized for its unregulated environmental impact and minimal social stewardship. In the spring of 2009, retired British cricket player Phil Edmonds' assets were seized by the United Kingdom's government due to CAMEC's illicit association with former self-appointed Zimbabwean President Robert Mugabe. CAMEC recently sold 95.4% of its shares to the Eurasian Natural Resources Corporation. It is under restructuring and is no longer trading under the CAMEC brand.African mineral reserves rank first or second for bauxite, cobalt, diamonds, phosphate rocks, platinum-group metals (PGM), vermiculite and zirconium. Many other minerals are present in quantity. The 2012 share of world production from African soil was bauxite 7%; aluminium 5%; chromite 38%; cobalt 60%; copper 9%; gold 20%; iron ore 2%; steel 1%; lead (Pb) 2%; manganese 38%; zinc 1%; cement 4%; natural diamond 56%; graphite 2%; phosphate rock 21%; coal 4%; mineral fuels (including coal) & petroleum 47%; uranium 18%.platinum 69.4%.
Views: 14 wikipedia tts