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Mantashe opens 2019 Mining Indaba

South Africa’s mineral resources minister Gwede Mantashe is billed to open the 25th  Annual Investing in African Mining Indaba. The event is the world’s largest gathering of mining’s most influential stakeholders and decision-makers vested in African mining. According to the organisers government will engage delegates on South Africa as a …

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Renewables & Energy efficiency news

Despite concerns that intermittent renewables such as solar and wind could affect the reliability of power supply, mining companies are adopting wind and solar to reduce their energy costs at remote off-grid mines. In various microgrid applications, renewables combined with diesel, HFO, or gas are proving their worth in isolated …

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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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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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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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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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