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Ramaphosa, Akufo-Addo billed to speak at Mining Indaba

President Cyril Ramaphosa is billed to speak at Mining Indaba 2019, slated for beginning of next month. Organisers of the annual mining jamboree said President Ramaphosa is set to bring his investment agenda to the landmark 25th Anniversary Indaba. As one of the driving forces behind South Africa’s historic economic …

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Manganese mine license revoked

Following the recent mine incident involving three juveniles buried alive in the Manganese mine in Samya, the Zambian government has withdrawn the mining license from the owners. The Zambia Algamented Mineral group owners are both of a South African and Zambian nationality. Mines Minister Richard Musukwa announced that both will …

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Orinoco Gold, AngloGold Ashanti starts work in Brazil

Orinoco Gold has announced that it has just started working with AngloGold Ashanti on establishing an in-country joint venture entity in Brazil. This comes both companies confirmed the original terms of an earn-in agreement signed back in 2017. According to a statement from the companies, the undertaking should be completed …

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Mopani Ltd applauded for Job conservancy-EAZ

The Economics Association of Zambia (EAZ) has applauded Mopani Copper Mine Ltd for not laying off any mine workers prior to the newly introduced mining tax regime. EAZ acclaimed Mopani for the mature step taken to engage in a beneficial dialogue with government as a show of its commitment to …

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First Quantum achieves record copper sales, production in 2018

TSX-listed copper miner First Quantum has announced record production and sales for 2018, with copper output rising by 6% and sales by 3%. Total copper production amounted to 605 853 t, compared with 573 963 t in 2017. The company sold 596 513 t in 2018, compared with 580 130 …

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Construction of the Multi-million dollar Hydro-power stations in Kawambwa to start in March 2019

Construction of the US$770 million Kabwelume and Kundabwika hydro power stations and a transmission power line is scheduled to start in March 2019. When completed and fully operational, the two hydro power stations will generate a total of 163 megawatts (MW). The two projects, which will be undertaken by the …

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Government will not allow mine owners to lay off workers with impunity-President Lungu

President Lungu said his administration will not be intimidated by threats from mine owners. The Head of State said this at Southdown airstrip in Kalulushi district upon arrival for a two day visit to the Copperbelt province. President Lungu said the new mine tax regime, which mine owners are using …

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Close to 1,000 miners to lose jobs at Mopani

About 1, 000 miners at Mopani Copper Mines (MCM) are likely to lose their jobs after the mining giant starter its voluntary retrenchment exercise. According to latest correspondence from MCM Chief Services Manager KV Chitoshi and to the people close to the Development , the company is asking employees to …

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Epiroc acquires Concept Mining

The leading productivity partner for the mining, infrastructure and natural resources industries Epiroc has acquired Innovative Mining Products widely known as New Concept Mining, a South African manufacturer of rock reinforcement products for underground mining. Innovative Mining Products based in Johannesburg, South Africa, also has facilities in Peru, Zambia and …

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More Americans at African Utility Week.

Multi-award winning African Utility Week conference and exhibition in Cape Town, South Africa has obtained official U.S. Trade Fair Certification from the U.S. Department of Commerce. The development paves way for a greater American participation at the 19th edition of the event scheduled for 14-16 May next year. Along with …

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