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Pix4D and SAP start a joint innovation project for the 3D inspection of transmission masts

Lausanne, Switzerland, Pix4D, technology pioneer and market leader in industrial photogrammetry software solutions, announces that it is starting a joint innovation project with SAP® to open up the market for drone-based, digital 3D inspections for telecommunications companies. SAP, a global leader in ERP (Enterprise Resource Planning) software, has included Pix4D …

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Zambia facing hurdles with its copper exports due to Covid-19

Africa’s second-largest copper producer, Zambia, has faced hurdles to export its copper amid the COVID-19 pandemic as it is a landlocked country which needs to use ports in other countries situated near the seacoast like South Africa. The country’s copper exports to China have been affected by COVID-19 lockdowns imposed …

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Chamber of Mines adamant in their position

After the Zambia Revenue Authority Commissioner-General Kingsley Chanda said the Chamber of Mines should not alarm the nation by issuing false statements on Mineral Royalty Tax. The Chamber of Mines says it will stand by what it earlier stated that the Mineral Royalty Tax dropped by 12 per cent and …

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CEC Africa is facing a lawsuit worth US 15 million

CEC Africa is being sued for US15 million debt, this is according to media reports that originated from Zambia. According to a cautionary statement made available to this publication by Lusaka Securities Exchange-LuSE, CECA confirmed receiving a letter of demand from Energy Corporation of Ireland on 3 July 2020 for …

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Part of Nchanga open-pit mine about to collapse, says CEO

Christopher Sheppard, the Chief Executive Officer of Zambia’s Konkola Copper Mines (KCM), a unit of diversified miner Vedanta Resources, said the company has closed part of its open-pit mine as a portion of the pit is about to collapse KCM predicted that part of the Nchanga Open Pit in Chingola …

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Ndola Lime retrenches all employees

All Ndola Lime company employees are set to be jobless effective 31st July as the company reportedly issued an internal retrenchment notice. According to a source, a memorandum signed by the interim business rescue administrator, Stephen Bwalya, employees will receive letters of retrenchment together with computations of amounts due to …

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Govt tensions with power firm CEC bad for investment- Zambia Chamber of Mines

The Zambia Chamber of Commerce believes that the government’s attempt to force Copperbelt Energy Corp (CEC) to open up its infrastructure to other power producers has dented the country’s image as an investment destination. Energy Minister Matthew Nkhuwa issued a decree last Friday compelling CEC to allow others to transmit …

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Mining sector’s evolution is in tandem with global demand for increased responsibility and sustainability.

The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …

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