For years, the people in the villages around Chingola in Zambia endured frequent health challenges and dead fish floating around in their water source, but that was just the beginning of their nightmare. In 2006, their once-clear river water suddenly turned a vivid blue, tainted by waste from the copper …
Read More »Support capacity grows as brand’s reach expands
Dewatering, slurry and sludge pumps specialist Integrated Pump Technology is growing its support capacity for Gindex pumps to ensure customers are well served as demand steadily grows. “Our expansion into the Southern African Development Community region and beyond has been built on the proven quality of rugged Grindex pumps underpinned …
Read More »SA earmark mining sector for investment in coming years
Wits Mining Institute director, Professor Glen Nwaila has allayed fears that South Africa’s mining industry is hitting a plunge. “Despite the global economic challenges, South Africa has become more attractive to investors due to the surge in demand for raw materials, as witnessed by the eight-fold increase in South Africa’s …
Read More »Impact through responsible production
While the mining industry makes a significant contribution to South Africa’s Gross Domestic Product (GDP), the full economic impact is actually much greater. “Mining is a mining company’s core business, and mining itself is a major job generator. But its own value chain has a major spin-off not only in …
Read More »Exploration and production of fossil fuels controversially remains central to the development trajectory of several developing countries
The South African delegation at the World Economic Forum,recently, affirmed that the country is ready to partner with the local and global community to boost investment opportunities that will yield economic development. But the country faces a worsening energy and logistics crisis — resources critical for creating economic development, jobs …
Read More »Foundations for restoring Zambia’s debt sustainability being laid
The process is long and painful, with thousands of commercial creditors first needing to agree to a haircut, before China and the Paris Club can restructure the nation’s US$13 billion external debt pile. Minister of Finance Situmbeko Musokotwane in an interview said “Time is of the essence”, we should all …
Read More »FQM partners with Rio Tinto to progress the La Granja copper project in Peru
Rio Tinto and First Quantum Minerals (FQM) have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Peru, one of the largest undeveloped copper deposits in the world. La Granja is a complex orebody located at …
Read More »Kansanshi Mine inks MoU with NW water utility
Kansanshi Mine has signed a Memorandum of Understanding (MoU) with the North Western Water Supply and Sanitation Company Limited (NWWSSCL) to ensure the provision of piped water to the Mushitala community located on the Old Congo Road in Solwezi District. As part of the deal the mine has pledged to …
Read More »Kagem delivers US$5 million dividend to the IDC
Kagem Mining Limited has delivered a US$5 million dividend to the Industrial Development Corporation (IDC) Limited, which owns 25 percent of the emerald mining company in Lufwanyama. The dividend is for the second consecutive year, of the first dividends delivered since 2016. This dividend is in addition to the US$11.5 …
Read More »SA to exhibit latest mining technologies at DRC Mining Week
The DRC Mining Week in Lubumbashi has attracted the South Africa’s Department of Trade, Industry and Competition (DTIC) to host a South African pavilion at the event. Participation at the event scheduled for the 14th to 16th June, of the South African delegation will comprise companies providing the latest mining …
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