Home / News

News

Copper price soars

The price of copper, which is Zambia’s foreign exchange earner, rose to two and half highs at US$6,495 a tonne on the international market on Wednesday, supported by anticipated low demand from China. The raise in copper price means that Zambia will have more foreign exchange inflows and will also …

Read More »

Solwezi’s mining activities attract Mauritian mall developers

Mauritian company African Property Investments is building a $25 million complex with 10 000 m2 of commercial space in Solwezi. The presence of three major copper mines, whose18 000-plus employees and contractors collectively release millions of dollars of disposable income into the local economy every month has attracted the investor. …

Read More »

Konecranes celebrates 1000th RTG delivery

Konecranes is celebrating a milestone of its cranes this year with phenomenal installations across the globe. Konecranes’ 100th rubber tired gantry (RTG) crane has been installed at the Georgia Ports Authority at the Port of Savannah in the USA. In South Africa, three 350kg RMG’s have been installed at Transnet …

Read More »

Kansanshi Mine remains resilient

First Quantum Minerals’ Kansanshi Mine has posted positive results despite operational challenges, declining ore grades and the need to contain costs The company’s 2016 financial results confirm its status as Zambia’s flagship copper mine. Kansanshi maintained its position during 2016 as Zambia’s largest copper producer (250 000 tonnes), one of …

Read More »

Copper-processing plant to open at Kalulushi dumpsite

Mineral Junxion Zambia has budgeted US$3 million to construct a mineral processing plant to extract copper and cobalt slag at the dumpsite owned by Konkola Copper Mine in Kalulushi. The company has already submitted an environmental impact statement (EIS) report to the Zambia Environmental Management Agency (ZEMA), ahead of commencing …

Read More »

RTS Africa spin filters help compressors ‘breathe’ easier

Air compressors used in industry are, for the most part, well-proven, reliable pieces of equipment, able to operate for years with relatively little maintenance. However, their very reliability can lead to problems when the quality of their intake air is neglected. “Many industrial air compressors work in very dusty conditions, …

Read More »

Vandalism for Konkola to suspend operations

Konkola Copper Mines (KCM) has suspended operations at its Nchanga Mine following acts of vandalism. Shapi Shachinda, Konkola Copper Mines Manager for Public Relations and Communications on Wednesday told media that the criminals cut a high voltage electricity cables disrupting operations. The criminals stole at least 9 high voltage copper …

Read More »

Mozambique cuts power supply to ZESCO

Mozambique’s power utility company EDM has cut electricity supply to ZESCO over the past seven months, to recover a $100 million debt. Geta Remigio Manuel Percy, EDM’s director of Economy and Finance told Zitamar News that EDM stopped supply to ZESCO last December for lack of payment after debts which …

Read More »

Minerals, metals demand to rise

World Bank says aluminum, copper, lead, lithium, manganese, nickel, silver, steel, and zinc and rare earth minerals such as indium, molybdenum, and neodymium demand is expected to rise, as the world works towards commitments to keep the global average temperature rise at or below 2°C. In a report ‘The Growing …

Read More »