Evans Mumba

Consider investing in hydro power

Western Power Company Limited has called on pension funds and other local firms to consider coming on board in the establishment of the 45 megawatts hydro power station to be developed by the company in Sioma. Company director Sipho Phiri said the US$200 million project to be established on Ngonye …

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First Quantum keen to grow local businesses

First Quantum Minerals (FQM) has spent over US$7 billion on local procurement and provided opportunities for growth of Zambian businesses. “Kansanshi Mining Plc spent US$7.8 billion on procurement within Zambia from 2010 to 2015, which translates into 88 percent of the company’s total operational expenditure,” Trident Foundation manager Garth Lappeman …

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Sandvik enables automation that mines are ready

The first Sandvik AutoMine Loading installations were delivered more than 10 years ago and the automation system continues its success story today. More and more mines globally are discovering how Sandvik AutoMine can improve their operations. “This year seems to be a turning point with many new Sandvik AutoMine Loading …

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Luanshya is thriving – but for how long?

Can the Copperbelt town outlive the mine it depends on? For a place that was referred to as a “ghost town” not so long ago, and has known more ups and downs than a rollercoaster, the Copperbelt mining town of Luanshya seems to be doing pretty well. Shoprite, Zambia’s leading …

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KCM plans to lay off more miners-MUZ

Konkola Copper Mines (KCM) is planning to shed off more workers despite having laid off hundreds last year, the Mine Union of Zambia (MUZ) has revealed. But Mines Minister Christopher Yaluma has said Government would not allow KCM or any other mining company to lay off workers without giving proper …

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Power outages force closure of Chambishi Copper smelters

Chambishi Copper Smelter has shut down its Anode and Reduction furnaces due to electricity shortages. In an interview after mines minister Christopher Yaluma toured the plant, CCS deputy manager in charge of Safety Health and Environment Robinson Mubita said the power the processing plant was receiving was not sufficient and …

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FQM commits $50 million for Chingola-Solwezi road repairs

First Quantum Minerals has committed US$50 million next year for longer-term repairs on the Chingola-Solwezi road as part of the public-private partnership. In a statement, FQM head of government affairs John Gladston said the mine is spending US$2 million on stabilising the 180 kilometre road before the onset of the …

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Murray & Roberts completes sale of infrastructure and building businesses

Murray & Roberts has entered into an agreement with Firefly Investments for the sale of the Murray & Roberts Infrastructure and Building Platform (MRIB) for R314 million. Firefly Investments represents a consortium led by Southern Palace, a black-owned industrial group, which includes the Government Employees Pension Fund (GEPF) and members …

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The time to invest is now

Will Zambia be ready when the copper price recovers? Being unprepared for the coming upswing in metal prices is the number one risk facing global mining – and copper mining in particular, says Ernst & Young in its annual risk report, Business risks facing mining and metals: 2015-2016. That’s according to …

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Kariba Dam Levels Causing Concern as State Power Company Widens Load Shedding Hours

Dam levels at the worlds largest man made lake the Kariba have started to deplete causing concern. Last dam level measurement as per Zambezi River Authority- ZRA website on 10 October, recorded 24% compared to 26% a year ago. The Zambia Electricity Supply Corporation – ZESCO reported on their Facebook …

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