Amigo Resources and Tanzania’s State Mining Corporation (STAMICO) have signed a memorandum of understanding (MoU) to assess the feasibility of recovering and beneficiating graphite from mining tailings in Tanzania. The agreement provides a framework for the companies to undertake technical, commercial and regulatory assessments of graphite-bearing material across several projectContinue Reading
Caterpillar dealer Barloworld Zambia has announced the successful delivery of a Cat 995 wheel loader – the largest wheel loader in the Caterpillar product line – to Barrick’s Lumwana copper mine. It stated: “This milestone reflects our continued trust and partnership with one of Zambia’s leading mining operations, and Caterpillar’sContinue Reading
The global race for critical minerals is entering a new phase. No longer defined solely by access to mineral reserves, it is increasingly being shaped by industrial policy, geopolitical competition and the race to build resilient supply chains for electric vehicles, renewable energy technologies and advanced manufacturing.Victoria Backhaus-Jerling, Chief ExecutiveContinue Reading
Zambia’s capital markets could see a significant increase in initial public offerings (IPOs), with companies potentially raising up to $1 billion on the Lusaka Securities Exchange (LuSE) as strong copper prices boost investor interest. The LuSE expects the potential IPO pipeline to mark an unprecedented level of activity for theContinue Reading
FQM Partners with Five Banks to Improve Financing Access for Zambian Mining Suppliers First Quantum Minerals (FQM) has partnered with five commercial banks to improve access to financing for Zambian-owned companies supplying goods and services to the mining industry. The initiative has been welcomed by the Association of Mine SuppliersContinue Reading
As Zambia heads towards the August 13 general elections, the country’s mining industry is calling for policies that can accelerate investment and help deliver its ambitious target of producing 3 million tonnes of copper annually by 2031. Mining companies and industry stakeholders are seeking stronger incentives for mineral processing, renewedContinue Reading
Zimbabwe’s state-owned mining company, Mutapa Gold Resources, plans to more than double its annual gold production to 220,000 ounces by 2029 following the launch of a major expansion programme backed by new financing. Production reports released to reporters on Friday showed that Mutapa produced 104,626 ounces of gold in theContinue Reading
As the global race for critical minerals intensifies, the Democratic Republic of Congo is seeing the benefit of growing investments from leading economies such as China and the US – making for exciting prospects at the upcoming DRC Mining Week. As a regular exhibitor at the event, global engineering andContinue Reading
As demand grows for reliable electrical infrastructure across mining, industrial and commercial projects, mini-substations are increasingly being installed to support new developments, expansions and upgrades. However, a concerning trend is emerging in parts of the market, where equipment that has previously been used is cosmetically refurbished and then sold asContinue Reading
Barrick Mining is exploring a potential London listing for its African business, with an all-share transaction involving Endeavour Mining among the options under consideration, according to sources familiar with the matter. The discussions remain at an early stage and no final decision has been made. Sources cautioned that there isContinue Reading
