Home / News (page 11)

News

Stanbic calls on collective drive for growth

Stanbic Bank has geared up to join forces with mining companies to develop the full potential of the country’s extractive industry. The bank made the promise at its annual Economic and Mining Roadshow in the North-Western and Copperbelt provinces. According to the bank, the engagement brought together various players from …

Read More »

CEC warns of growing power demands

Zambia’s growing has triggered an increase in demand for resources such as energy, CEC has announced. Silvester Hibajene, CEC’s Head of Government and Investor Relations said that Southern Africa would require at least 65,000MW of available installed power generation capacity by 2022 to power industry. He further said with an …

Read More »

Cradle Arc to sell Zambia gold assets to Singa Holdings

Cradle Arc has entered into an option agreement to sell its Matala and Dunrobin gold assets to Singa Holdings Zambia. Through its subsidiary Luiri Gold Mines, Cradle Arc has granted Singa an exclusive option to initially form a joint venture for the operation of the Matala and Dunrobin gold assets. …

Read More »

CAMINEX prop up Copperbelt economy

Zambia’s premier Copperbelt agricultural, mining and industrial trade expo – CAMINEX slated for June will showcase the latest – products, machinery, technologies and services. CAMINEX supported by government and industry associations is considered an important trade platform, “It attracts thousands of industry professionals keen to come together in one location …

Read More »

Venkat takes up new job at Vedanta Resources

AngloGold has announced parting ways with Srinivasan Venkatakrishnan, as he steps down from the company’s chief executive officer position. Venkatakrishnan will take up a position at the helm of diversified miner Vedanta Resources, as the new chief executive officer. “The board will search for a candidate with the requisite experience …

Read More »

How nuclear technology contributes to society

QUESTION: Zambia has for a long time sought to substantially grow its manufacturing industry. What role can nuclear science play in helping to develop this sector? ANSWER: Global experience has demonstrated that the development of nuclear technology has contributed to substantial technical progress in numerous social and economic fields. The …

Read More »

Large-scale Cobalt potential discovered at Nyungu in North Western Zambia

ASX-listed Argonaut Resources has announced preliminary details of potential copper and cobalt production at the Nyungu copper-cobalt deposit in North-western Zambia. The Nyungu copper-cobalt deposit is part of the Lumwana West project, located 65 km south of the DRC border in North-western Zambia. Cobalt deposit Existing drilling by Argonaut has …

Read More »

Demag’s double v-girder revolutionise cranes game

Global player in the crane industry Demag has developed a new Double V-Girder crane which is capable of a 50T lifting capacity – four times that of the Single Girder. According to the company, the double-girder overhead travelling cranes offer exceptional load capacity for a low deadweight. In addition the …

Read More »

Jubilee Metals licence reinstated

New minister of Mines and Minerals has reinstated Jubilee Metals Group’s mining licence for the Kabwe project. In a previous announcement project operator, BMR Group reported that they received a letter from the Mining Cadastre Department of Zambia. Government had terminated the mining right of the Kabwe operation in February …

Read More »

Miners urged to think pipe-work infrastructure sustainability

Polypipe, the UK’s largest and most innovative manufacturer of plastic piping systems has urged miners to have thorough pipe-work infrastructure in place to drive sustainability forward and preserve the environment. This comes at the backdrop that by 2030, water demand is expected to exceed supply in Africa by 17 percent, …

Read More »