AIM-listed company Ncondezi Energy has entered into a binding joint development agreement (JDA) with China’s Shanghai Electric Power Company (SEP) to develop the Ncondezi coal mine and thermal power station project in Mozambique, in the province of Tete. The deal results in SEP becoming a strategic investor in the Mozambique …

Providing an update on power supply to its Zambian operations, dual-listed base metals miner First Quantum Minerals noted on Tuesday that its Kansanshi mine and smelter, as well as its Sentinel project, in the North-Western province, were being consistently provided with a total of about 285 MW, despite the country’s …

LUSAKA – Zambia’s copper production inched higher to 711 515 t in 2015 from 708 000 t the previous year mainly due to a new mine owned by Canada’s First Quantum Minerals, the Chamber of Mines said last week. An electricity shortage and weaker copper prices due to slower growth …

The construction of the US$260 million Mokambo Copper Mines (MCM) in Mufulira has delayed due to the late issuance of a land title by the local authority. Changfa Mineral Resources Limited was scheduled to commence construction works at the multi million dollar copper project site next month in Mokambo area. …

The World Bank is set to release the first tranche of its $120-million contribution to the fight against tuberculosis (TB) in Southern Africa’s mining sector during the first quarter of this year. The funds will initially be directed to assist current and former mineworkers in Mozambique, Lesotho, Malawi and South …

Zambia asked South Africa on Thursday for up to 300 MW of emergency power to ease an electricity crunch that has hit mining companies already grappling with a slide in global copper prices, its embassy said. Energy minister Dora Siliya made the request in a meeting with South African President …

Democratic Republic of Congo has again delayed a ban on exports of copper and cobalt concentrate because it lacks enough electricity to process the minerals domestically, the mines ministry and chamber of mines said on Tuesday. Congo, which leads Africa in copper output and the world in cobalt production, first …

Integrated Pump Technology of South Africa has supplied 20 Bravo 900 submersible slurry pumps and 20 M20 control panels to Kamoto Copper Company (a subsidiary of Katanga Mining) of the Democratic Republic of the Congo (DRC). These heavy duty electrical submersible slurry pumps are the largest of their kind in …

In order to respond to the mining industry’s efficiency challenge Metso has introduced the world’s largest cone crusher, MP2500. As ore grades decline, more and more ore needs to be processed to obtain the same amount of the valuable mineral and to meet production targets. This equation often results in …

Mozambique mineral sands miner Kenmare will pursue a capital raising and debt restructuring to materially deleverage its balance sheet with US$100 million already secured. Subject to agreement with lenders, the plan is expected to result in gross outstanding debt being substantially reduced. The capital raising is expected to be conducted …