MOPANI Copper Mines Chief Executive Officer, Nathan Bullock has been refused exit and advised to remain in the country until the recent issue of Mopani Copper Mines Management decisions are clearly understood by government. Bullock had arranged to exit the country through Kenneth Kaunda International Airport but was refused exit. …
Read More »Africa must support African supply chains to unlock sustained economic growth
The current Covid19-related economic challenges both locally and throughout the Africa starkly highlight the need for pan-African companies and governments to support African supply chains, and in so doing, to boost economic activity on the continent. This can be achieved by procuring the production of goods and services for infrastructure …
Read More »Mopani Copper Mines closure unprocedural, licence to be revoked-Govt
Zambia believes the placing of Mopani Copper Mines (MCM) under care and maintenance is unprocedural hence modalities are underway to revoke the licence. According to the government, Mopani Copper Mines, a subsidiary of Glencore, did not give sufficient notice before suspending its mining operations due to the coronavirus Covid-19 crisis. …
Read More »Metals and Mining: Uncertainty presents opportunities
The COVID-19 outbreak presents significant challenges and is likely to have a materially negative impact on the global economy, in our view. We believe commodity prices could fall closer to trough levels in the near term and make significant cuts to mining companies’ earnings forecasts. We believe negative earnings momentum …
Read More »MICROMINE Africa boosts Software offering with the launch of the subscription model.
Mining software solutions provider MICROMINE has launched a new pay-as-you-go subscription model for African clients to keep pace with industry need. The Australian-headquartered company, with a regional office based in Johannesburg, offers software solutions that span the mining lifecycle – from geological exploration and data management to resource estimation, 3D …
Read More »Maamba advises of impending increased load shedding
Zambia’s power utility company – ZESCO Limited has warned its stakeholders that there will be increased load shedding for ten (10) days starting 8th April 2020. The company said this is due to loss of supply of 132MW from its Independent Power Producer – IPP Maamba Collieries resulting from a …
Read More »FQM HEALTH TEAMS EXTEND SAFETY PROTOCOLS TO COVID-19
The mining firm has long made healthcare a priority in all the communities where it operates First Quantum Minerals has put in place contingency plans to deal with the global COVID-19 pandemic by further strengthening clinical healthcare facilities and stepping up prevention awareness for employees and communities surrounding its mining …
Read More »Mopani Copper Mine Saga: Mine Contractors Association call on Govt to come up with a rescue plan
The Association of mine suppliers and contractors have called on the government to come up with a rescue plan for the Mopani Copper Mine (MCM) instead of letting the management place the copper mine on care and maintenance. The association accused Mopani Mine of trying to use the current COVID …
Read More »CAMINEX 2020 has been postponed
Organisers of the Copperbelt Agricultural Mining Industrial Networking Expo (CAMINEX) 2020 have postponed this year’s event; this is in line with the government’s guidelines on the COVID-19 pandemic. The event which was scheduled to be held from the 2-4 June 2020 will now be held from 1-3 June 2021.Through a …
Read More »Kagem leads the fight against COVID-19 in Lufwanyama District
Kagem Mining has donated disinfectants, cleaning products and public health posters worth K100,000.00 to Lufwanyama District Hospital, Lufwanyama, giving residents hope in the fight against COVID-19 in the province. The donation is part of the company’s community development work, aiming to improve access to quality healthcare in society. “These materials …
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