The presence and movement of foreign individuals in mining areas were key topics during the eighteenth meeting of the Council of Ministers on Friday, October 18, 2024. In his address, President Félix-Antoine Tshisekedi expressed concerns about illegal foreign operations in the country’s mining regions. He emphasized that while the miningContinue Reading
The Zambian Government, through the Ministry of Mines and Minerals Development, along with the Zambia Chamber of Mines, has expressed its support for the Geological and Minerals Development Bill 2024. This announcement follows a high-level stakeholder engagement meeting held last week. The event, organized under the Public Private Dialogue ForumContinue Reading
The government plans to transfer more than 40 of its reserved permits to a state-owned enterprise. Zambia is poised to significantly increase its copper production, with ambitions to more than quadruple output by the early 2030s, according to Bloomberg News. This ambitious plan requires substantial investment from companies to transitionContinue Reading
The Democratic Republic of Congo’s (DRC) state-owned mining company has submitted a bid to acquire Chemaf Resources’ local unit, after previously signaling opposition to a planned sale of the copper and cobalt miner to a Chinese investor. Chemaf, backed by Trafigura Group, spent nine months searching for a buyer beforeContinue Reading
The Zambia Environmental Management Agency (ZEMA) has approved 116 projects with a total investment value of approximately $1.91 billion during its ninth sitting in September 2024. Out of 121 projects reviewed, this approval marks a significant step forward for Zambia’s development across multiple sectors. The mining and mineral processing sectorContinue Reading
Zambia has officially joined the Central Corridor Transit Transport Facilitation Agency (CCTTFA) in a strategic move aimed at enhancing regional trade and connectivity. This decision is expected to improve Zambia’s access to key seaports and strengthen its trade links with neighboring countries. By becoming a member of the CCTTFA, ZambiaContinue Reading
Zambia is on the cusp of a significant milestone as it prepares to inaugurate its car battery production by the end of July this year, buoyed by the arrival of crucial manufacturing equipment. During a recent inspection of the Jiangxi Multi Facility Economic Zone in Chibombo district, General Manager XuContinue Reading
Ensuring that condition monitoring customers whose maintenance staff undergo ongoing technical skills training earn significant returns from their investment into the training courses, is a priority for condition monitoring specialist company, WearCheck. Maintenance crew members can choose from more than 15 courses that are conducted by WearCheck’s experts in variousContinue Reading
SKF has extended its renowned Microlog Analyzer family of data collection devices with the addition of the Microlog Analyzer dBX. Currently SKF’s most powerful diagnostic tool, this cutting edge device redefines diagnostic capabilities, enabling users to take measurements three times faster than its predecessor. Empowered by SKF’s advanced analytic software,Continue Reading
Barrick is investing almost US$2 billion in an expansion project designed to increase the Lumwana mine’s annual production to an estimated 240 000 t of copper, from a 50 million tpy process plant over a 36-year life of mine, elevating this once-unprofitable operation into the front-rank of copper producers. TheContinue Reading
