Several miners have been trapped underground at Mopani Copper Mine’s Mindolo operation following a fire at the mine’s power station. The miners, who had reported for a night shift, were in a carriage that takes them underground when the power plant caught fire. A combined team of fire officers from …

THE Energy Regulation Board says it will start penalising mining companies and other large-scale power consumers who are keeping more power than they need. Currently, Zesco and Copperbelt Energy Corporation have scaled down power supply to the mining sector by 30 per cent, resulting in most mining houses reducing production …

Zambia’s kwacha fell by the most in more than six years, reaching a record low against the dollar, as a slump in copper prices and an electricity shortage weigh on the economy. The currency of Africa’s second-biggest copper producer retreated as much as 5.5 percent to 9.4961 per dollar, the …

GROUND Focus Mine yesterday announced that it will lay off 54 workers and cut copper oxide production by over 50 per cent by the end of this week due to massive power cuts and plummeting copper prices. Ground Focus’ decision to cut production and lay off workers comes only two …

JCB Industrial, part of Eqstra Industrial Equipment (EIE), is to launch a new product line at this year’s BaumaConexpo, which will give mines access to JCB’s world-leading range of telescopic handlers.  Bauma Conexpo Africa takes place from 15 – 18 September 2015 at the Johannesburg Expo Centre. The product, a …

Africa’s copper potential continues to hold the interest of the global mining community. Zambia and DRC are striving to meet higher production targets and supply is growing in countries such as Botswana and Namibia. Progress is being made to overcome the logistical, infrastructure, political and social hurdles, and – despite …

Lusaka – Zambia expects slower economic growth and a bigger fiscal deficit this year as weak global demand for copper hits exports, documents released by the Ministry of Finance on Sunday show. Global commodity prices have dropped sharply on concerns that China’s economy is slowing after years of rapid development …

The mining industry is “far behind” in terms of using technology and innovation to deal with industry-related challenges such as dropping ore grades, high-energy costs and lack of reliable energy supply, says bespoke mining enterprise software engineering solutions developer Stone Three Mining Solutions CEO Louis Marais. He says Stone Three …

NINETEEN expatriate employees at Mopani Copper Mines (MCM) have been laid off after a review of operational requirements for expatriate labour. The 19 were shed off from the list of the mining firm’s expatriates yesterday. MCM public relations manager Cephas Sinyangwe confirmed the development in a statement issued in Kitwe …

Zambia plans to narrow its budget deficit to about 5 percent of economic output next year even after lowering its 2015 growth forecast for the second time since June. The shortfall will shrink from an expected 6.9 percent this year, Deputy Finance Minister Christopher Mvunga said in an interview at his …