The demand for metals such as copper, which are essential for electric vehicles (EVs), remains robust despite concerns over a slowdown in EV sales, according to Tom Mackay, head of refined metals at commodity trader IXM. He noted that accurately forecasting demand is challenging as the market continues to evolve.Continue Reading
The world urgently requires new mines to meet the rising demand for key energy-transition metals, particularly copper, according to Dominic Barton, chairman of Rio Tinto Group. He highlighted that mergers and acquisitions (M&A) alone will not suffice to close the impending supply gap. “We can’t rely solely on inorganic growthContinue Reading
On Thursday, the Democratic Republic of Congo (DRC) and Zambia formalized a cooperation agreement aimed at easing cross-border trade within the Southern African Development Community (SADC). Ministers from both nations convened to discuss a collaborative framework and action plan designed to address persistent challenges encountered by transporters. Peter Kazadi, theContinue Reading
Mingomba Mining Limited, a joint venture between KoBold Metals and ZCCM Investments Holdings Plc, has publicly declared the selection of Mr. Kalimina Mwinga PMP for the position of Project Control Manager and Mr. Fanuel K Banda, P.E., PMP as Chief Mining Engineer. Both Mr. Mwinga and Mr. Banda bring withContinue Reading
DRC Mining Week returns to Lubumbashi in the heart of the Copperbelt in June with a bold, comprehensive and dedicated programme focusing on “Prioritising sustainable mining operations and local transformation in the DRC.” The event has already confirmed the presence and support of an impressive line-up of returning sponsors and miningContinue Reading
During his visit to Solwezi Airport, President Hakainde Hichilema assured the residents of North Western Province of his government’s commitment to opening more mines in the region. Highlighting the potential for development, President Hichilema emphasized the importance of reopening mines such as Kasenseli and Kalengwa, which could significantly benefit theContinue Reading
Zambia, the world’s seventh-largest copper producer, is ramping up infrastructure and mineral exploration efforts while partnering with international firms to expand its renewable energy sector. Although its petroleum industry is relatively untapped, emerging developments driven by strategic positioning and promising geology present enticing opportunities for upstream investments. Regional Exploration SuccessContinue Reading
Dubai’s International Holding Company (IHC), the emirate’s reigning corporate titan, has set its sights on Zambia’s prized Lubambe Copper Mine, throwing a wrench into a deal already clinched by China’s JCHX Mining. Industry insiders are abuzz with talk of a potential bidding war, with Zambia caught in the middle ofContinue Reading
Cape Town, South Africa -The winds of change are blowing through Zambia’s mining sector. President Hakainde Hichilema, elected in 2021 on a platform of economic revival, is setting his sights on a bigger prize: securing larger equity stakes for the state in new mining projects. This move, announced at the recentContinue Reading
In part one of Lubrication from Stone Age to Modern Age (WearCheck Technical Bulletin 88), we slid through 5,000 years of lubrication history and left off at the end of the age of enlightenment in the early 1700s. The next leg of our journey finds us smack bang in theContinue Reading
