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Zambia’s copper output up 10.4% year on year in September

Zambia’s annual copper output rose 10.4 percent in September to 631,359 tonnes, the central bank in Africa’s second-biggest producer of the industrial metal announce last week. Some mining companies operating in Zambia include NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), Canada’s First Quantum Minerals, Glencore, Barrick …

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New opportunities in mining sector

New opportunities in the Zambian mining sector: Africa Prospect Development Zambia launched in London at Mines and Money being held from 26 – 29 November 2018. Africa Prospect Development Zambia (APDZ) is a Lusaka based company designed to promote high quality, authentic and appealing Zambian based investment opportunities to the …

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Rio Tinto invest $2.6 billion in Koodaideri Mine

Rio Tinto is to develop its most technologically advanced mine following the full approval of a $2.6 billion investment in the Koodaideri iron ore mine in Western Australia. Koodaideri is expected to deliver a new production hub for Rio Tinto’s world-class iron ore business in the Pilbara, incorporating a processing …

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More Americans at African Utility Week.

Multi-award winning African Utility Week conference and exhibition in Cape Town, South Africa has obtained official U.S. Trade Fair Certification from the U.S. Department of Commerce. The development paves way for a greater American participation at the 19th edition of the event scheduled for 14-16 May next year. Along with …

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Compact secondary belt cleaner on offer

Global innovator in the bulk material handling industry Martin Engineering has developed new cleaning technologies for applications where space for installation is limited. According to the company, the latest SQC2STM RM (Reduced Mini) Cleaner is a compact secondary belt cleaner allowing installation in close quarters, built with a narrow profile …

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Mining forecast remains positive amid new taxes

Fitch Solutions researchers have indicated that recent tax hike announcement by government recently are to prompt downside revision to the country’s copper production forecast. Government recently announced it will expand and increase taxes on mining companies operating in the country, as part of its 2019 budget. This comes after speculation …

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Tax hike prompts downside revision to Zambian copper production forecast

On September 28, the Zambian Ministry of Finance announced it will expand and increase taxes on mining companies operating in the country, as part of its 2019 budget. Speculation on the possibility that the mining industry would be targeted in next year’s budget had grown over the past weeks following …

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Konecranes mobile workshop now on offer

CXT Explore is one of the most innovative products to come from Konecranes recently. According to the company, the product is a combination of a 6.3T mobile overhead crane, travelling on a gantry, supported by two sturdy containers which make for fully equipped workshop that can literally be set up …

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