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Evans Mumba

Green shoots in mining industry threatened by global shortage of large equipment

MHS Plant & Equipment offers a unique global disposal and procurement service for major mining houses Disruptions in global supply chains due to the ongoing Covid-19 pandemic has resulted in a shortage of large mining equipment being produced by major Original Equipment Manufacturers (OEMs). “For example, the lead time on …

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FQM confirms strike at its Kansanshi Mine

First Quantum Mining and Operations Limited has revealed that its employees at Kansanshi Mine embarked on a strike. The company said this through a press statement. “Last evening (Thursday) a small number of First Quantum Mining and Operations Limited (FQMO) Mining Division employees took illegal strike action at the Kansanshi …

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APM to establish gold processing plant in Nairobi

Alinani Precious Metals (APM), a Zambian company, has revealed intentions to establish a Sh1 billion gold processing plant on Nairobi’s Mombasa Road, aimed at artisanal miners. The gold refinery project, which will begin building in early September, will allow miners to derive value from their mineral resources rather than only …

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Mining Indaba moved to May 2022

The 2022 edition of Investing in African Mining Indaba, originally scheduled for February has been moved to May 2022. Organisers of the event said the decision was made following extensive consultation with partners, key stakeholders across the mining value chain and government ministers. “Collectively we decided, due to ongoing challenges …

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Zambia’s exports to DRC are the highest in Africa

Zambia’s largest export market in Africa has remained the Democratic Republic of Congo (DRC), with exports to the DRC totalling over K10.7 billion in the six months ending June 2021. However, successive Zambian governments have focused their efforts on strengthening diplomatic ties with western countries, some of which have little …

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The expansion of copper and cobalt refining capacity is expected as a result of the Jubilee, Mopani MoU

Jubilee Metals, a metals processing company listed on the London Aim and JSE AltX exchanges, announced on Tuesday that it had signed a binding memorandum of understanding (MOU) on the refining of copper and cobalt, two highly sought-after green metals. The MoU with Mopani, a Zambian subsidiary of ZCCM Investment, …

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Zambian new dispensation on the verge of unlocking $2 Billion Mining Investment

According to the Zambia Chamber of Mines, Copper producers in Zambia are ready to start $2 billion expansion projects next year if they can reach a royalties agreement with President-elect Hakainde Hichilema’s new administration. Companies such as First Quantum Minerals Ltd. and EMR Capital are ready to raise capital for …

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Continued investments in energy sector are an ingredient for industrialisation-PMRC

The Policy Monitoring and Research Centre (PMRC) executive director Bernadette Zulu says the continued investments in the energy sector are an ingredient for industrialisation. She said if investors reciprocate by investing in key economic sectors, the government’s heavy investment in power generation over the last decade will soon change the …

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More licences for Chillerton offered

…ore off-take agreement clinched Chillerton, an emerging copper and cobalt development company, has become one of the largest license holders in the Copperbelt following the award of a further three large scale mining (LSM) licences in July 2021. According to the company, the licenses cover in excess of 20,000 hectares …

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Landslide election victory of Hichilema could be good news for Zambia’s mining industry

According to media reports in Zambia, opposition leader Hakainde Hichilema of Zambia won a landslide victory in the country’s presidential election, a development that bodes well for a possible bailout with the International Monetary Fund (IMF). At a press conference in the capital, Lusaka, Electoral Commission of Zambia Chairman Esau …

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