Working within budget and on time is the envy of every mine operator and Sandvik Mining and Rock Technology continues to facilitate such results with its technologies. The company recently upgraded its digitalized underground drilling to improve drilling accuracy, cycle times and reduce operation costs. The new system offers accurate …
Read More »More calls for improved tax regime
Global professional service KPMG has condemned the constant reviewing of Zambia’s mining tax, as an economic barrier. Michael Phiri, tax partner at KPMG said effects of perennial changing the tax regime are ‘massive’. He said many mining project are being abandoned or deferred – representing a potential investment value of …
Read More »Mining Indaba kicks off
The Mining Indaba remains pivotal to Africa’s aspirations. The mineral resources sector remains “critically important” to the African continent, which is why the Investing in African Mining Indaba has consistently been regarded as an event of “paramount significance”, said Mining Indaba managing director Alex Grose. This is also a key …
Read More »New-generation crane girder revolutionises load handling
Demag’s newly-launched V-Type crane girder can easily manage more than 500 000 load changes, more than double the service life of a conventional box-section girder – making it a game changer in the local materials-handling sector. Launched in early 2016, Demag’s V-Type girder delivers impressive load-handling rates combined with high …
Read More »Rio-Carb celebrates 35 years of innovation and service excellence
Founder and CEO Martin Maine has extensive experience in physical metallurgy, and has participated in several international conferences and seminars. Twice President of the South African Institute of Welding, he has been involved in prestigious local projects such as Sasol ll and lll, Koeberg, and Gariep Dam. Maine also established …
Read More »Zambia’s technical power losses high at 14%; ZESCO and ERB urged to invest in technology that will minimize grid leakages
Zambia Electricity Supply Corporation – ZESCO and Energy Regulation Board – ERB have been urged to invest in technology that will curb technical losses on the power grid. Zambia records technical losses of 14% against the acceptable threshold of 5%, Uni-power Company Trainer said. “Energy losses in Zambia are very …
Read More »CEC Plc cut ties with CEC Africa
Copperbelt Energy Corporation (CEC) Plc has mooted plans to delink its pan-African power assets developer CEC Africa from the CEC group. Julia Chaila, company secretary said the decision yet to get approval from shareholders is expected to improve CEC Plc financial performance. CEC Africa is currently reeling from operation challenges …
Read More »Zambian project achieves one-million lost-time injury free work hours
Mining and exploration company Group R Mining & Exploration Zambia achieved one-million work hours without a lost-time injury (LTI) at its Synclinorium shaft expansion projectfor its owner, Zambian-registered copper miner Mopani Copper Mines. Group R is the operating partner of Mauritius-based private capital and corporate advisory company Africa One Holdings …
Read More »Alecto falls behind on Zambia gold project as it moves to complete financing plan
Alecto Minerals on Thursday said it was now targeting the commissioning of its Matala gold project, in Zambia, in 2017 as it was awaiting the completion of the last leg of the financing plan for the project. To complete the financing, the company needed to reach an agreement with local …
Read More »Caterpillar to invest $1bn in Africa over the next five years
US mining equipment manufacturer Caterpillar, its independent dealers and the Caterpillar Foundation are to invest $1-billion in business, education and training across Africa over the next five years, chairperson and CEO Doug Oberhelman announced at the US-Africa Business Forum, in New York, last month. The news confirms Caterpillar’s long-term commitment …
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