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Anglo American completes formation of joint venture and advances exploration projects in Zambia

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GLOBAL mining company Anglo American has confirmed it is progressing early-stage copper exploration at a number of licences in Zambia’s North-Western Province, following completion of the formation of its joint venture with a subsidiary of Arc Minerals Ltd (“Arc”).

Under the terms of the joint venture agreement, which recently completed following satisfaction of the outstanding conditions (including regulatory approvals), Anglo American has a right to retain 70% of the joint venture company subject to meeting certain exploration commitments and payments to Arc.

Exploratory drilling at one of the key joint venture licences has already commenced.

Adriana Blesa, Anglo American Discovery Manager for Zambia said: “We are pleased to have finalised this joint venture with Arc in order to further our exploratory work in North-Western Province as we look to identify potential opportunities in copper and cobalt. As with all mineral exploration projects, these are long-term commitments that require significant capital investment and expertise to ascertain whether there are deposits that are economically viable enough to progress to a phase of full-scale mining.”

Notwithstanding the inherent uncertainty of such a long-term project, as part of its commitment to responsible mining, Anglo American has already invested in a wide-ranging programme of community development projects in Zambia in education, healthcare, access to water and small business development.

In May 2023 Anglo American launched a collaborative partnership with global humanitarian organisation World Vision to help improve access to education for 160 high school-aged girls in the Lyovu rural district in North-Western Province, located near an area where Anglo American is conducting mineral exploration activities.

“From mineral discovery activity right through to marketing our future-enabling products to customers, Anglo American is committed to creating enduring value for society. Despite being in the early stages of exploration in Zambia, we believe in delivering a positive impact without delay. This is the right thing for local people, regardless of the outcome of our preliminary exploration on future mining activities,” added Ms Blesa.

This is according to a press statement by Langmead & Baker Communications.

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5 Comments

5 Comments

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Business

Miner succumbs to injuries at Kansanshi Mine

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A MINER at Kansanshi Mine lost his life when a rock fell on him in the underground dewatering decline portal, part of the mine’s ongoing development in the main pit.

The incident took place on Thursday around 20:00 hours.

The victim, Stephen Musukwa, employed by the mine’s contractor Reliant Drilling, sustained injuries and was promptly attended to by paramedics.

According to the Mine’s corporate affairs department,  Mr Musukwa was subsequently evacuated to South Africa for treatment, where, he succumbed to his injuries.

“The relevant authorities have been informed and are at the scene of the incident.Our sincere condolences go out to his family, workmates and friends.Our priority for now is to ensure that his family receives our support during this difficult time,” reads the statement.

(Mwebantu, Saturday, 25th November, 2023)

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Business

Police say over 50 people swindled in fake roofing sheets scam

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OVER 50 people swindled after they paid more than K700, 000 in order to buy Iron sheets.

Three people among them two women have since been arrested in connection with the offence of Obtaining Pecuniary Advantage By False Pretence in which they dishonestly obtained K742,490=00 from the members of public on pretext that they were  selling  iron sheets when in fact not.
The suspects are believed to be the owners of Guangzhou Roofing Company situated along Mungwi Road Lusaka.
Police spokesperson Rae Hamoonga said the between June 1, 2023 and October 30, 2023, the company run a promotional advert on their Facebook page suggesting that Iron Sheets were on promotion, hence a lot of people rushed to the company to make payments to which they were advised to make collection after a period of two weeks.
“Whenever clients (members of the public) went to the company for collections of their items, the management would give excuses until they got fade up and reported the matter to the Police station. More than 50 complaints from different places have been recorded. Police are investigating the matter and have since apprehended the suspects,” he said.
Mr Hamoonga said the suspects include Robert Ngala aged 43 of house number 514 Mtendere compound, who is one of the directors, Norah Namuyemba aged 32 of house number 38 off Buluwe road Woodlands who is a cashier and Phales Chileshe aged 24 of HSE number 1202 Woodlands who is also a cashier.
“Police have formerly arrested and charged them for the offence of Obtaining Pecuniary Advantage by False Pretence and the two ladies have since been released on Police bonds while the director Robert Ngala is still in Custody as investigations are still ongoing and more complainants are still flocking the police station to lodge formal complaints against them,” he said.
(Mwebantu, Friday, 24th November, 2023)

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Business

Chongwe man nabbed for allegedly smuggling 16 Ethiopians

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FOUR people among them Geoffrey Chumbwe have been arrested for suspected migrant smuggling involving 16 Ethiopians.

Mr Chumbwe 32 in company of Samson Masuka,34 believed to be the master mind, Kakoma Masumba aged 31 and Renson Sinkala aged 25 were nabbed during an operation which began as a routine patrol.

In a statement, Department of Immigration public relations officer Namati Nshinka said the operation took place on Wednesday, November 22nd.

“The operation quickly escalated when Immigration Officers received information that a White Fortuner Registration number BBD 671 carrying suspected illegal immigrants had been spotted near Water Falls Mall in Lusaka’s Silverest Area. Following this lead, the Officers rushed to the scene and eventually located the vehicle, which was empty at the time most likely after the driver had dropped off the passengers at an unknown location,” he said.

Mr Nshinka said the Officers started trailing the vehicle until the Driver, Mr Chumbwe, parked the vehicle which appeared to have been modified by removing the back seats to maximize carrying capacity.

He said Mr Chumbwe initially expressed ignorance regarding the whereabouts of the suspected Ethiopians.

“He instead led the officers to Kaunda Square, where Kakoma Masumba and Renson Sinkala, whom he alleged had transported the Ethiopians from Kasama, resided. The officers picked the two suspects and further investigations led them to Geoffrey Chumbwe’s Residence in Silverest where the officers found 16 undocumented suspected Ethiopians in a Gazebo,” he said.

Similarly, the Department of Immigration in Mansa on November 18th and 19th apprehended 35 persons during a clean-up operation dubbed ‘Operation Kolopa’.

Mr Nshinka explained that the operation was mainly on the Pemba Islands on the Luapula River, which is believed to have an influx of suspected illegal immigrants engaged in agricultural and fishing activities.

‘Those apprehended were 33 Congolese, 32 of whom were nabbed for illegal entry and unlawful stay and one for engaging in business without a Permit, and two Chinese for failure to observe the terms and conditions of their permits,” he saids.

(Mwebantu, Friday, 24th November, 2023)

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