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Copper price soars

The price of copper, which is Zambia’s foreign exchange earner, rose to two and half highs at US$6,495 a tonne on the international market on Wednesday, supported by anticipated low demand from China. The raise in copper price means that Zambia will have more foreign exchange inflows and will also …

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Solwezi’s mining activities attract Mauritian mall developers

Mauritian company African Property Investments is building a $25 million complex with 10 000 m2 of commercial space in Solwezi. The presence of three major copper mines, whose18 000-plus employees and contractors collectively release millions of dollars of disposable income into the local economy every month has attracted the investor. …

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Konecranes celebrates 1000th RTG delivery

Konecranes is celebrating a milestone of its cranes this year with phenomenal installations across the globe. Konecranes’ 100th rubber tired gantry (RTG) crane has been installed at the Georgia Ports Authority at the Port of Savannah in the USA. In South Africa, three 350kg RMG’s have been installed at Transnet …

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