Konkola Copper Mines (KCM) in Zambia will appoint an adviser to assist it in finding an equity investor willing to fund the mine’s expansion, its provisional liquidator announced on Tuesday. In May 2019, Zambia’s previous government placed KCM in the hands of a liquidator, sparking an ongoing legal dispute with …
Read More »ERB grants approval for CEC, ZESCO bulk supply agreement
The Energy Regulation Board (ERB) has granted regulatory approval of the new bulk supply agreement (BSA) to be entered into between CEC and ZESCO Limited (ZESCO). According to CEC this follows the initialing of the BSA by CEC and ZESCO on 6 April 2022, an application for regulatory approval was …
Read More »Lower feed grades affect Kansanshi Mine
First Quantum Minerals has recorded a 2,180 decrease in its copper production at its Kansanshi Mine in Solwezi for the second quarter of 2022. Kansanshi’s copper production was 39,719 tonnes, while the company’s copper production at its Sentinel mine in Kalumbila of 52,447 tonnes was on target. Combined production from …
Read More »Hexagon introduces 3D camera
The Hexagon’s Mining division has strengthened its leadership in production material monitoring and measurement by introducing HxGN MineMeasure Detect, a 3D camera hardware, software and data solution. MineMeasure Detect enables real-time optimization for plant production with automated digital-image analysis offering continuous, accurate and rapid measurement of oversize, volume, rock fragmentation …
Read More »WHY FQM’S $1.35 BILLION INVESTMENT IS GOOD FOR ZAMBIA
Earlier this month First Quantum Minerals (FQM) announced a mammoth US$1.35 billion package of new projects, with US$1.25 billion to be invested in expansion of our Kansanshi operations in Solwezi – known as the ‘S3’ project – and a final US$100 million to start the $250 million Enterprise nickel project …
Read More »Chambishi Metals set to open, as govt vows to continue working with trusted investors
Negotiations between the state, an unnamed new investor, and the previous owners of Chambishi Metals Plc are nearly completed, according to the government, and will result in the asset becoming operational, more than two years after it was placed on care and maintenance due to a lack of feed for …
Read More »Ultra compact infrared camera for the metal industry now on offer
Instrotech is now offering OPTRIS PI 1M IR camera, especially suited to measuring the temperature of metals, as these exhibit a distinctly higher emissivity at the short measurement wavelength of 1μm than at measurements in the previously conventional wavelength range of 8 – 14 μm. According to the manufacturer, the …
Read More »Electra Mining Africa 2022 roars back into life
Electra Mining Africa, the continent’s biggest exhibition, is back after a two year hiatus due to restrictions. As exhibitions and events are now re-opening globally, Electra Mining Africa will be going ahead as a live in-person event this year. This comes on the backdrop of several other exhibitions, having taken …
Read More »Zambia reports increase in electricity exports
Zambia, which is rich in copper, reported an increase in electricity exports in March 2022. However, it’s unclear whether ZESCO, the world’s largest power company, has forecasted a surplus that would prevent local load shedding as water levels fall. According to Zamstats data, power exports, which were not among the …
Read More »NORTH-WESTERN CHAMBER OF COMMERCE GEARS UP FOR FQM IMPACT
The North-Western Province Chamber of Commerce and Industry (NWPCCI) has welcomed First Quantum Minerals’ US$1.35 billion investment package in two new projects in the province and says its members are ready to capitalise on the opportunities. The mining firm recently approved plans to invest US$1.25 billion in its expansion of …
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