Latest Zambian Mining Headline News
Friday, May 09, 2008
AFRICAN ENERGY RESOURCES LIMITED and ALBIDON LIMITED
African Energy completed its pre-feasibility study to assess the viability of commercial uranium mining from the Njame and Gwabe deposits in the Chirundu joint venture project in Zambia. The project is commercially viable using open pit mining of uranium and has a life of 5-6 years producing 1.3 Mlb U3O8 per annum. The estimated capital costs are US$68 milllion for pre-production costs with an additional US $21 million deferred costs. The company's directors have approved the commencement of a bankable feasibility study for the project.
Property: CHIRUNDU JV-NJAME/GWABE
(Complete Text of May 9, 2008 News Release) PDF |
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State Of The Industry Review: Zambia
The substantial improvement in base metal prices, and copper in particular, since the end of 2003 has led to considerable recent optimism amongst Zambia's business community. The country was granted debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) framework and met its completion point in June 2005. The Government also continues to make progress with privatisation and budgetary reform. The current prospects for both the public and private sectors therefore appear more positive than at any time since the early 1990s. See the link below for the Zambian Mining Review as written by Martin Broome for 2005 Mining Journal Annual Review.
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Zambia Mining Companies
All companies with properties located in Zambia
Zambia Mineral Properties
All properties located in Zambia
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ZAMBIA IN DEPTH
Zambia links from LinksMine - InfoMine's Library of Mining Web Sites
Site Listings
- CIA World Factbook: Zambia - Map, Geography, People, Government, Economy, other demographics
- Zambia Mining Overview - (MBendi)
- Mining in Zambia - (Ministry of Mines and Minerals Development)
- Kalomo Miners Association
- Zambia Map and occurrences of minerals in other areas - (Zambiamining.co.zm) Online maps
- Online Papers about Mining in Zambia - As searched from the InfoMine Publications database
- Investment and Mining in Zambia - (Zambia High Commission, London) overview and useful addresses
- Mining Sector Diversification Programme (MSDP) - Structural adjustment program sponsored by the European Development Fund
- Zambia Mining - (SADC) Brief overview and statistics
- Geological map of Zambia - (Mining in Zambia - Ministry of Mines and Mineral Development)
- Mining in Zambia - Ministry of Mines and Mineral Development - (Mining in Zambia) Exploration potential for mining gold, copper, base and rare metals, diamonds, and emeralds
- Gemstones in Zambia - (Mining in Zambia - Ministry of Mines and Mineral Development) Amethyst, aquamarine, beryl, emerald, tourmaline, garnet and other gemstones such as to
- Zambia - Investment Opportunities in the Mining Industry - Mining in Zambia, government's role, legislation, tax regime, geology, exploration potential
- Map of Major Mineral Deposits of Zambia
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