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A plan by finance minister Alexander Chikwanda to administratively seek President Michael Sata’s opinion over Government’s intentions to refund over US$500 million owed to mining companies operating in Zambia in Value Added Tax (VAT), has taken a new dimension with calls to establish how it leaked. Finance minister Chikwanda has …
Read More »Port of Lobito in Angola, to start handling mining exports from DR Congo and Zambia
The port of Lobito will start to receive mining ore from Katanga, DR Congo and Zambia for export, carried through the Benguela railway, the Chief Executive officer, Mr. Anapaz Neto of the company that manages the Commercial Port of Lobito said last Wednesday. Anapaz Neto also told Angolan news agency …
Read More »Rail links to help ‘open up’ Zambia and its mining sector
In a land-locked country, Zambia’s mines face long distances when moving their product to ports – and the poor state of the country’s rail infrastructure has made these distances increasingly expensive. So mines will be pleased to hear that government plans to turn Zambia into a ‘regional trade hub’ that …
Read More »Chissano gives ‘Thumbs up’ on SADC’s Value Addition
The quest for the 15-Southern African Development Community (SADC) member states to re-define their policies to benefit from the vast mineral and natural resources endowed with has received recognition from one of the eminent leaders from the region. Former Mozambique President Joachim Chissano says it is time for African leaders, …
Read More »Mopani Copper Mines injects US$15 million in artisanal training scheme
Mopani Copper Mines, a unit of global commodity trader and diversified miner, Glencore Xstratra, has injected more than US$15 million in reviving an artisan training school in Mufulira, one of its operational areas following calls by the Government to improve skills training in the country and reduce on the industry …
Read More »FIRESTONE STARTS BOTSWANA ASSETS DISPOSAL PROCESS
Firestone Diamonds, Botswana’s leading diamond development company has started the disposal process for its Botswana assets. The assets, which will be sold through a competitive disposal process to be managed by South Africa-based corporate finance adviser Questco, include the BK11 mine which had been placed on care and maintenance in …
Read More »Laser gas analysis has many benefits – RTS
Rand Technical Services (RTS) has named saving money, optimising processes and controlling emissions as a few of the many of Laser analysis. RTS is a Tshwane-based company specialising in addressing specific industrial challenges by identifying innovative solutions. The company, run by Chairman Ian Fraser, has been introducing cutting-edge technology to …
Read More »Infrastructure plan finalised for Congo project
AVIMA, the Solid Resource Core Mining’s project in Democratic republic of Congo plans to produce 35-million tons of high grade shipping ore a year over the 25-year life-of-mine, the Mining Supplier Guide S.A reports. Despite the logistics challenges of iron-ore developer Core Mining’s Avima project, a two-phased infrastructure plan has …
Read More »Ivanhoe mine starts Kamoa construction
Ivanhoe Mines, the Africa-focused project developer is constructing the box cut for the initial portal to planned decline ramps that will provide underground access to the proposed Kamoa copper mine, in the Democratic Republic of Congo’s Katanga province. The TSX-listed firm on Thursday reported that the construction contract was awarded …
Read More »GÉCAMINES: WHAT GAME IS ALBERT YUMA MULIMBI PLAYING?
Albert Yuma Mulimbi can be described as the strong man of Gécamines. This untouchable and immovable man has just launched a new introduction into society with the support of other members of the board although it is rumoured the reality is that they had no choice but to endorse the …
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