Home / News (page 20)

News

Specialist helps mines save on maintenance costs

More and more mines are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition monitoring specialist WearCheck. The company provides condition monitoring services in Central Africa through its two Zambian laboratories …

Read More »

Canadian miner sells diamond interest in Botswana

Toronto Stock Exchange listed Peregrine has sold its diamond interest in Botswana to UK’s Diamond Exploration Strategies (DES). The company announced that it has entered into an agreement to transfer all of the shares of Diamexstrat Botswana, a 100%-owned subsidiary of Peregrine engaged in diamond exploration and development in Botswana …

Read More »

Zesco to end power imports from Mozambique

Zesco intends to end emergency power imports from Mozambique in the first quarter of next year, officials from the company have revealed. Webster Musonda, Zesco Director of Transmission said power generation had improved to meet the utility company’s requirements. “By and large we will be able to meet our own …

Read More »

Chingola’s disused mine land gets regeneration

Konkola Copper Mines (KCM) and BetterWorld Energy Zambia have started rehabilitation of disused mine-land outside the Copperbelt town of Chingola. The project funded in partnership with donor agencies and other financial institutions, will see the planting of 400 000 of the trees over the next three years. The disused mine-land …

Read More »

Improved copper price boast Chibuluma’s financials

Chibuluma Mines’ continued focus to contain cost and improve operational efficiency has recharged the company to profit making. The company’s six month results to June 2017 also attribute positive operation to increase in copper prices. “The notable increase in the average selling price of copper over the period substantially assisted …

Read More »

Now legal to pan for gold – Chilufya

Government has announced intentions to issue two-year permits to small scale gold panners. The development comes, following the Ministry of Mines and Minerals Development’s (MMMD) plans to make legal the ancient method of gold mining. Willy Chilufya, Head of Mineral Economics at MMMD recently declared that issuing gold panning certificates …

Read More »

Illegal miners push KCM to free copper waste dumps

Illegal small-scale miners operating within Konkola Copper Mines’ area have appealed to government to compel the miner to let go copper waste dumps to avert illegal mining activities. Commonly known as Jerabos, the illicit miners want government to force KCM to discharge overburdened dumps. Martin Kalunga, Chairman of the Big …

Read More »

Economic recovery to prop up Puma volume sales

Petroleum outfit Puma Energy is optimistic that recovery signs the country is experiencing will boost the firm’s sales volume going forward. According to the company interim results for the first half of the year, various economic fundamentals have recorded positives. “Despite the down turn in fuel consumption in the industry, …

Read More »

EFZ support mines electricity tariffs hike

As dialogue over electricity subsidy extended to the extractive industry drag on, Energy Forum Zambia (EFZ) has challenged miners to compare local tariffs to prices paid in the region. “We are challenging the Zambia Chamber of Mines to bring in public domain tariffs obtained in other countries where there is …

Read More »

Lucara completes two capital projects in Botswana

Canadian junior diamond miner, Lucara Diamond has completed Mega Diamond Recovery (MDR) and the Sub-middles XRT capital projects within budget and ahead of schedule at its Karowe Mine in Botswana The new MDR circuit treats material in the size range between 50mm and 120mm and is located directly post the …

Read More »