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Increasing mining services key to Africa

Southern African Development Community (SADC) believes increasing the demand for mining goods and services is necessary to grow the industry in Africa Seth Akweshie, Industrialisation Adviser for SADC made the announcement recently at the Cross-Border Mining Services Indaba, in Johannesburg citing that most inland developments in Africa have been established …

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Jinchuan’s profits surges on higher cobalt, copper prices

Chinese miner and metals trader Jinchuan Group International Resources has reported net profit fivefold bigger than a year earlier due to higher cobalt and copper prices. Jinchuan, which operates the Ruashi copper and cobalt mine, in the Democratic Republic of Congo, and the Chibuluma copper mine, in Zambia, posted net …

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Slow start for Kagem’s emeralds auctions

Kagem Mine has sold a total of US$10.8 million at the company’s auction in India recently. According to the company proceeds from will be fully repatriated, with all royalties due paid on the full sales prices achieved at the auction. The auction was of predominantly commercial quality rough emeralds mined …

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KCM, Government, workers mend relations

Konkola Copper Mines has announced intentions to bridge information and expectations gap that currently existing between the mine, the workers, the Unions, the local contractors and government. The company operates Copper mines in Chingola and Chililabombwe. Steven Dinn, KCM Chief Executive Officer said that the meeting was a start of …

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SA steel industry continue to face challenges

Allied Steelrode recently announced that the fluctuating primary pricing threatens the mettle of South Africa’s steel industry. According to industry sources, much of this can be attributed to the extreme volatility of the primary pricing. “This level of volatility poses an enormous and very urgent challenge to the entire sector,” …

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Exceptional separation efficiency for optimized performance

Automation, data mining and new technologies promise to maximize production output, reduce operating costs, and increase sustainability over the next few years. In responding to these diverse needs, Metso has introduced the new MHC™ Series Hydrocyclone which provides a wide range of grinding circuit classification duties, ensuring maximum uptime and …

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The true cost of Artisanal Mining

Artisanal and Small-Scale Mining (ASM) is emerging as an important socio-economic sector in many developing nations. It’s the practice of informal mining activities carried out using low technology or with minimal machinery.

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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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