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Vedanta commences funding to KCM

Vedanta Resources has commenced funding to Konkola Copper Mines (KCM) and has disbursed its first $25 million for employee salaries, contract labour as well as for other critical services needed to maintain the integrity of the asset. The company has deployed a technical team at KCM to work together with …

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Mining Indaba 2024 Kicks Off: Embracing Disruption for a Bold New Future

Day one of the Investing in African Mining Indaba, the continent’s premier mining event, set the tone for a week of transformative discussions and bold pronouncements under the theme “Embracing the power of positive disruption: A bold new future for African mining.” The opening ceremony and subsequent disruptive discussions painted …

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SA’s economy remains dependent on mining

South Africa’s President Cyril Ramaphosa said mining has a crucial role to play in building the country’s economy. Ramaphosa urged the Mining Indaba 2024 to prioritise deliberations on how to breathe new life into mining, to strengthen mining value chains, and to enhance beneficiation. “For nearly 150 years, mining has …

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