July 22, 2017 3:34 PM ET

Metals and Mining

Company Overview of Zamsort Limited

Company Overview

Zamsort Limited owns and operates Kalaba Cu-Co Project which provides copper and cobalt mining and exploration services. The company is based in Zambia.



Key Executives for Zamsort Limited

Zamsort Limited does not have any Key Executives recorded.

Zamsort Limited Key Developments

Nick von Schirnding to Join Board of Zamsort, Replacing Vassilios Carellas

Ortac Resources Ltd. reported that is has agreed to convert the Secured Convertible Loan Note and to partially convert the Call Option Agreement into an equity position of 14% in Zamsort Limited ("Zamsort"), with the remaining balance on the loan notes being extended to the 31st December 2018. Following the conversion, Mr. Nick von Schirnding will be appointed to the Board of Zamsort as Ortac's representative on the Board, replacing Mr. Vassilios Carellas, who will be resigning from the Board of Zamsort.

Zamsort Limited Completes a Surface Trench Sampling Programme at its Kalaba Small-Scale Mining License, at West of Solwezi in Northwest Zambia

Zamsort Limited has completed a surface trench sampling programme at its Kalaba Small-scale Mining License (SML) located 290km west of Solwezi in northwest Zambia. Kalaba Oxide Trench Highlights: 95m at the rate of 2.08% Copper and 0.26% Cobalt in surface trench No. 3; 30m at the rate of 2.10% Copper and 0.24% Cobalt in surface trench No. 4; 20m at the rate of 1.73% Copper and 0.25% Cobalt in surface trench No. 7. The Kalaba open pit, at present, is a small-scale open pit mine that has been mined intermittently over the last 10 years. The pit contains a red lateritic overburden unit underlain by a yellow saprolitic material that has to date been mined and processed off-site using acid leaching to produce copper metal. The samples were collected from the saprolite layer over 5 metre long channels and aggregated into single samples for assaying. In total, 71 samples were collected from nine trenches. Trenches 2 and 4 are located on the eastern face of the small pit. Trench 3 is located immediately to the west of the pit. Trenches 1 and 5 are located on the northern and southern boundaries of the pit with the remaining trenches located to the west beyond the current pit limits. The deposit dips to the east and remains open to the east. The next stage of exploration will be to test the continuity of the saprolite material to the east through augering or diamond drilling below the overlying laterite layer.

Similar Private Companies By Industry

Company Name Region
Baluba Building Construction Limited Middle East/Africa
Copperbelt Selection NL Middle East/Africa
Eagle Metal Fabrication Limited Middle East/Africa
Gemcanton Investments Holdings Limited Middle East/Africa
Gravita Zambia Ltd. Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Zamsort Limited, please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.