Evans Mumba

WearCheck at Mining Indaba 2024

Specialist condition monitoring company, WearCheck, is showcasing its range of mining-related predictive maintenance techniques, products and services at the 2024 Investing in Africa Mining Indaba in Cape Town’s ICC from 5-8 February 2024. Technical manager, Steven Lumley, and a team of technical experts from WearCheck will be on hand to …

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Mining Indaba 2024 Gears Up for Disruption

Get ready for a seismic shift in African mining, as Mining Indaba 2024 prepares to rock Cape Town, South Africa, from February 5th to 8th. This year’s conference, aptly themed “Embracing the Power of Positive Disruption: A Bold New Future for African Mining,” promises to rewrite the script for the …

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AFRICAN MINING INDABA 2024: the objective is finding solutions and paths towards positive change in mining

Mining Indaba is the pinnacle event for promoting long-term investment in African mining. Attracting a broad and prominent speaker lineup, including industry professionals, policymakers, and stakeholders from around the country and beyond to promote economic growth and foster positive changes in the mining industry. The 2024 conference aims to celebrate …

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IMF puts Glencore transactions under spotlight, as Mopani searches for new investor

Analysts believe that the Mopani deal could compromise Zambia’s drive for debt sustainability required as part of any support from the International Monetary Fund. They said this amid reports that the International Monetary Fund is looking into Zambia’s deal with Glencore, Mopani’s majority stakeholder. Zambia became Africa’s first pandemic-era sovereign …

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High royalties and tax payout for Kansanshi, Kalumbila

The latest Zambia Extractive Industry Transparency Initiative (ZEITI) report has indicated that First Quantum Minerals (FQM) contributed the majority of government revenue generated from the extractive sector in 2019. According to the report, the mining giant’s two subsidiaries – Kansanshi Mining Plc and Kalumbila Minerals Ltd, contributed K5.7 billion and …

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Oil pipeline from Mozambique on the cards

President Hakainde Hichilema has announced the country’s intentions to build a pipeline to transport oil products from the port of Beira, Mozambique. Supporting the vision, Mozambican transport minister Mateus Magala said a boom in mineral resources in Zambia means that Mozambique should plan to increase the volume of cargo that …

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$145 million investment set to strengthen CEC’s leadership in the African decarbonisation programme

Private equity firm Affirma Capital, development finance institution Norfund, and Norwegian pension fund Kommunal Landspensjonskasse (KLP) have invested $145 million in Zambian independent power producer and transmission company Copperbelt Energy Corporation (CEC). The aim is to build on CEC’s success by strengthening its leadership in the African decarbonisation programme, building …

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Long-Term Energy to Redefine Mining Resilience

By: Kweku Frempong, Head of Sales for Aggreko Africa In South Africa, the mining sector uses around one-third of the local power supply,  Asia represents most of the world’s industrial sector growth with energy consumption increases of around 1.7% a year. In the Middle East, mining is forming part of the …

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Mwembeshi Resources stops activities in the Lower Zambezi National Park

Zambia’s government recently ordered mining company Mwembeshi Resources Ltd to immediately halt all activities on the $494 million copper project it is developing in the Lower Zambezi National Park. Collins Nzovu, the minister of green economy and environment, said the company had violated a number of environmental conditions pertaining to …

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Kagem, Gemfields donate to Kapila Primary School

The charitable arm of Kagem, Gemfields Foundation has handed over a newly constructed block with three classrooms and a fully equipped solar powered computer lab to Lufwanyama’s Kapila Primary School to enhance the quality of education in the area. Completed at a cost of approximately ZMW 6.9 million (USD 316,000), …

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