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Slow start for Kagem’s emeralds auctions

Kagem Mine has sold a total of US$10.8 million at the company’s auction in India recently. According to the company proceeds from will be fully repatriated, with all royalties due paid on the full sales prices achieved at the auction. The auction was of predominantly commercial quality rough emeralds mined …

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KCM, Government, workers mend relations

Konkola Copper Mines has announced intentions to bridge information and expectations gap that currently existing between the mine, the workers, the Unions, the local contractors and government. The company operates Copper mines in Chingola and Chililabombwe. Steven Dinn, KCM Chief Executive Officer said that the meeting was a start of …

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SA steel industry continue to face challenges

Allied Steelrode recently announced that the fluctuating primary pricing threatens the mettle of South Africa’s steel industry. According to industry sources, much of this can be attributed to the extreme volatility of the primary pricing. “This level of volatility poses an enormous and very urgent challenge to the entire sector,” …

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