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Zambia has a new mining minister

The Zambian President, Edgar Lungu has  appointed a new mining minister in a  recent cabinet reshuffle that included several changes to other government ministries. In a press release by the government of Zambia, Patriotic Front Parliamentary Chief Whip Richard Musukwa has been named the new Minister of Mines and Minerals …

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KZN eager to cement bilateral trade with Zambia

South Arica’s KwaZulu-Natal (KZN) has set its eyes on Zambia as a potential investment area. Next month Trade & Investment KwaZulu-Natal (TIKZN), KZN investment promotion arm will welcome 12 companies from the province to explore business opportunities in Zambia. “KZN companies are eager to meet with their Zambian counterparts who …

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Banks must support the mining sector – Gabaraane

Stanbic Bank Zambia says mining is an expensive business that needs stable long-term support from the financial sector. Speaking at the Mining Indaba recently Leina Gabaraane is Chief Executive of Stanbic Bank Zambia further said growing any business needs capital both for asset investment and day-to-day expenses. And the mining …

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Zambia among countries to enjoy mining upturn

Africa’s mining sector is facing the best prospects in over a decade favoured by sustained commodity price growth and reduced costs. “The centrality of mining to the development of the continent means that 2018 is likely to be a watershed year in Africa’s ongoing growth story,” Standard Bank Mining and …

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TAZARA to hire 5 mainline locomotives

In an order to boost haulage capacity to meet the huge demand anticipated by the new Railway (Transportation of Heavy Goods) Regulation that was recently passed by the Zambian Minister of Transport, the Tanzania-Zambia Railway Authority (TAZARA) has dispatched an engineer to South Africa to conduct a due diligence on …

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Zambia keen to use Lobito Corridor

In recent remarks to the press, Zambia’s Minister of Transport and Communications, Brian Mushimba, acknowledged the work being carried out by the Angolan Government in the field of infrastructure construction for the transport sector. He also stressed what he had witnessed was a good example for other African countries to …

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Rio’s automated trucks break record

Rio Tinto’s fleets of autonomous haul trucks have achieved a significant milestone at the company’s world-class operations in Australia by moving their one-billionth tonne of material. The haul trucks fitted with Autonomous Haulage System (AHS) technology have now moved more than one billion tonnes of both ore and waste material …

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Miners, government head for a deadlock

The Chamber of Mines has condemned the new law compelling mining companies and other bulk cargo firms to transport at least 30% of their freight by rail. According to miners, the legislation is ‘economically inappropriate and unworkable’ Brian Mushimba, transport minister said the law was meant to revive the rail …

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Africa’s mining sector rebounds from uncertainties

With commodity prices improving and the mining industry moving towards positive growth, indications are that participants at the Investing in African Mining Indaba 2018 will experience the “return of investor appetite” first-hand, says Mining Indaba Managing Director Alex Grose. This renewed investor interest suggests that the African mining sector is …

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