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Global zinc market to grow

GlobalData’s latest report has forecast that between 2019 and 2022, global zinc supply is expected to grow at a compound annual growth rate (CAGR) of 3.8 percent, to 15.7Mt  in 2022. Simultaneously, the gap between demand and supply is expected to narrow and eventually the market will move into a …

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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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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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Rio Tinto invest $2.6 billion in Koodaideri Mine

Rio Tinto is to develop its most technologically advanced mine following the full approval of a $2.6 billion investment in the Koodaideri iron ore mine in Western Australia. Koodaideri is expected to deliver a new production hub for Rio Tinto’s world-class iron ore business in the Pilbara, incorporating a processing …

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CEC commissions maiden grid solar power plant

CEC’s newest exploit into the renewable energy space will deliver 1.9GWh of clean power a year anchored on transmission infrastructure comprising 1.2km of 11kV overhead line tapping from the existing CEC 11kV busbar at the Raven’s substation, a transformer station and switchgear. The development comes as the country is emerging …

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Zambia to complete 50 MW World Bank solar project in September

Zambia will complete its first large-scale 50 MW solar power generation plant in September this year as the nation battles a power deficit which threatens industrial output, a state-owned agency said on Tuesday. The electricity shortfall has forced Africa’s second-largest copper producer to ration power supply to the mines, the …

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Wealth announces Trinity project drill program

Wealth Minerals, a company focused on the acquisition and development of lithium projects in Chile, South America is finalizing a drill contract and expects to begin drilling before the end of May 2018 at its Trinity discovery. Drilling will consist of three drill holes to test priority drill targets identified …

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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 …

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Peninsula divest interest in Karoo projects

Peninsula Energy Limited has decided to exit and sell its interests in the Karoo Projects in South Africa. According to the company (Karoo Projects) a divestment of 74% interest in the Karoo Projects through an active process over the remainder of the 2017 calendar year is on the cards. Peninsula …

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