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Vendata Zambia assures progress and job security

Vendata’s Zambian unit is among the list of mining companies to have negated plans of laying off workers due to the recently introduced tax regime by the Zambian government. According to reports in the media, Vendata will proceed with the intended expansion procedures despite increased mining royalties presented by Africa’s …

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 More mining houses board on job preservation

Luanshya Copper Mines (LCM) is yet another mining firm that has agreed to not laying off any employees due to the new tax regime. According to Zambia Reports, First Quantum Minerals has also announced that it will not be laying off workers in response to the new tax system. Mineworkers …

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Ramaphosa, Akufo-Addo billed to speak at Mining Indaba

President Cyril Ramaphosa is billed to speak at Mining Indaba 2019, slated for beginning of next month. Organisers of the annual mining jamboree said President Ramaphosa is set to bring his investment agenda to the landmark 25th Anniversary Indaba. As one of the driving forces behind South Africa’s historic economic …

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Manganese mine license revoked

Following the recent mine incident involving three juveniles buried alive in the Manganese mine in Samya, the Zambian government has withdrawn the mining license from the owners. The Zambia Algamented Mineral group owners are both of a South African and Zambian nationality. Mines Minister Richard Musukwa announced that both will …

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Orinoco Gold, AngloGold Ashanti starts work in Brazil

Orinoco Gold has announced that it has just started working with AngloGold Ashanti on establishing an in-country joint venture entity in Brazil. This comes both companies confirmed the original terms of an earn-in agreement signed back in 2017. According to a statement from the companies, the undertaking should be completed …

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BME’s Africa offerings focus on Mining Indaba

South Africa-based explosives leader BME has announced plans to showcase its African presence, expertise and technology at the 2019 Investing in African Mining Indaba slated for next month in Cape Town. The company plans to highlight its strengthened presence in West Africa, which is poised to become one of the …

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Mopani Ltd applauded for Job conservancy-EAZ

The Economics Association of Zambia (EAZ) has applauded Mopani Copper Mine Ltd for not laying off any mine workers prior to the newly introduced mining tax regime. EAZ acclaimed Mopani for the mature step taken to engage in a beneficial dialogue with government as a show of its commitment to …

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Vedanta tells top English court pollution case should be heard in Zambia

LONDON – Lawyers for Vedanta Resources told England’s Supreme Court on Tuesday that a case raised against the mining company by nearly 2 000 Zambian villagers should be heard in Zambia not London. India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, is appealing …

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First Quantum achieves record copper sales, production in 2018

TSX-listed copper miner First Quantum has announced record production and sales for 2018, with copper output rising by 6% and sales by 3%. Total copper production amounted to 605 853 t, compared with 573 963 t in 2017. The company sold 596 513 t in 2018, compared with 580 130 …

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Ctrack launches ultra compact tracking device

Ctrack launches ultra compact tracking devices The leading vehicle tracking and telematics provider – Ctrack, has launched its BX500 and BX600 range of wireless, ultra-compact GPS tracking devices. Ideal for use in cars, trucks and motorbikes, quads, golf carts, delivery vans and generators, the new devices are also designed to …

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