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Latin America, Africa to redefine global mining

Technavio, global technology research and advisory company says the mining industry is expected to witness gradual growth during 2017 to 2021. The company attributes the development to increase in demand from minerals and metals, mostly from emerging economies. Researchers at Technavio believes that the untapped markets such as Latin America …

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1000 KCM workers’ future remains in limbo

Government has stopped Konkola Copper Mines’ outsourcing intentions, until negotiations with the unions are concluded. Kampamba Mulenga, chief government’s spokesperson recently told media that government will only intervene in the matter when the two parties finalise their discussions. KCM intends to transfer 1,000 workers to contractors but Mulenga said moving …

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Botswana’s tennis ball size diamond sold

Africa focused miner Lucara Diamond has sold the historic 1,109 carat Lesedi La Rona recovered from the Karowe mine in Botswana in November 2015. Lucara Diamond said the piece has been sold for US$53 million (US$47,777 per carat) to Graff Diamonds. “We are thrilled and honoured to become the new …

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