Vedanta Resources has commenced funding to Konkola Copper Mines (KCM) and has disbursed its first $25 million for employee salaries, contract labour as well as for other critical services needed to maintain the integrity of the asset. The company has deployed a technical team at KCM to work together withContinue Reading
Securing a stable and efficient national power grid is paramount to achieving Zambia’s ambitious target of 3 million tonnes annual copper production, according to First Quantum Minerals (FQM), the country’s largest copper producer. “Ahead of new mine production, ensuring sufficient and reliable power, efficiently transmitted through the national grid, cannotContinue 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
Zambia agreed a memorandum of understanding to restructure its loans with official creditors, co-led by China and France, finalizing a $6.3 billion deal reached almost four months ago. The long-awaited accord, which the International Monetary Fund announced prematurely on Oct. 12, paves the way for the disbursement of another portionContinue Reading
Is it likely that more major copper deposits will be found in the Domes region of north-west Zambia? The answer is a resounding ‘yes’ if one speaks to NICK VON SCHIRNDING, Executive Chairman of junior explorer Arc Minerals. As he explains to contributing editor ARTHUR TASSELL, the area is currently oneContinue Reading
The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement inContinue Reading
As the demand for market leading Grindex pumps steadily increases, official distributor of this dewatering pump brand, Integrated Pump Technology is growing its support capacity to keep customers well served. “Our expansion into the SADC region and beyond has been built on the proven quality of rugged Grindex pumps underpinnedContinue Reading
During one of his many visits to the Democratic Republic of the Congo, Siddharth Kara, an author and Harvard academic who has spent 20 years researching modern slavery, met a young woman sifting dirt for traces of cobalt. Priscille told him she had suffered two miscarriages and that her husband,Continue Reading
Mining and agriculture are two key sectors of the Zambian economy that are attracting foreign direct investment, which is expected to increase 158% to $8.5 billion by 2022, creating 74 000 jobs. The latest company to announce that it will be developing a new copper mine in Zambia is oneContinue Reading
The global company Sandvik Rock Processing Solutions will this year integrate its two recent South African acquisitions into the Sandvik company structure – with the aim of becoming the preferred crushing and screening supplier to the mining industry in Africa. Sandvik Rock Processing Solutions South Africa will be formed fromContinue Reading
