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First Quantum given time to solve $7.9bn tax row

Government has given First Quantum Minerals more time to complete its analysis of what it owes after it was slapped with a $7.9-billion tax bill. According to the Finance Minister the government has audited major mining companies operating in the country, which include Vedanta Resources and Glencore. “They are doing …

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Oranto Petroleum enters Zambian market

Pan-African explorer Oranto Petroleum is farming into two exploration blocks located onshore Zambia, as part of the company’s first investment in the country. “Oranto Petroleum is committed to an aggressive work program to increase the level of prospectivity in one of the world’s last true frontier markets,” said Prince Aurthe …

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New fuel-filtration solution power haul-trucks

Cummins’ Fleetguard has ensured that a haul-truck fleet achieve use rates of between 85 percent and 90 percent, after previously experiencing operational difficulties relating to substandard fuel qualities, which had reduced the fleet’s run-time capacity to 65 percent. “Since the solution was implemented in June 2017, the mine’s downtime reduced …

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