Evans Mumba

LCM has exhausted all copper reserves at Baluba shaft, considering shutting down operations

Robert Kamanga, the deputy Chief Executive Officer of China Non-Ferrous Metal Business (CNMCLuanshya )’s Copper Mines ( LCM), said his company is considering shutting down mine operations at its Baluba shaft in 2022. Mr Kamanga claims that the LCM has exhausted all copper reserves at the mine, prompting the decision …

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Gemfields return to strong operational and financial performance after the Covid-induced horrors

GEMFIELDS made a taxed profit of $23.8 million in the six months ended June, compared to a loss of $56.7 million in the prior fiscal year’s six months. Due to the emergence of the Covid-19 pandemic and the subsequent suspension of gem auctions for the year, the company’s losses were …

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Gov’t to preserve the mining sector’s stability and predictability, says Mines Minister

Zambian government will preserve the mining sector’s stability and predictability, assuaging concerns over royalty increases, this is according to the newly appointed mines minister. Paul Kabuswe also stated that the government must combat corruption in the mining sector, which is Zambia’s economic engine. “We may not do everything in the …

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FLEXICON INTRODUCE ACCESS PLATFORM LINE

Flexicon have introduced a new line of anti-slip access platforms to reach elevated process equipment safely, eliminating the need for ladders, scissor lifts and forklift cages. The modular system includes braced frames which can be bolted to the floor, 1220 mm square deck sections, and stairways with elevations up to …

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Pix4D is at InterGeo to showcase terrestrial RTK scanning solutions, new licenses and promotions

Pix4D, the market leader in photogrammetry solutions, is attending the Intergeo 2021 conference to share its latest news and technological developments. This includes live demos of its terrestrial data collection hardware and software solution of PIX4Dcatch and the viDoc RTK rover for iPhone Pro and iPad Pro, as well as …

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Green shoots in mining industry threatened by global shortage of large equipment

MHS Plant & Equipment offers a unique global disposal and procurement service for major mining houses Disruptions in global supply chains due to the ongoing Covid-19 pandemic has resulted in a shortage of large mining equipment being produced by major Original Equipment Manufacturers (OEMs). “For example, the lead time on …

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FQM confirms strike at its Kansanshi Mine

First Quantum Mining and Operations Limited has revealed that its employees at Kansanshi Mine embarked on a strike. The company said this through a press statement. “Last evening (Thursday) a small number of First Quantum Mining and Operations Limited (FQMO) Mining Division employees took illegal strike action at the Kansanshi …

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APM to establish gold processing plant in Nairobi

Alinani Precious Metals (APM), a Zambian company, has revealed intentions to establish a Sh1 billion gold processing plant on Nairobi’s Mombasa Road, aimed at artisanal miners. The gold refinery project, which will begin building in early September, will allow miners to derive value from their mineral resources rather than only …

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Mining Indaba moved to May 2022

The 2022 edition of Investing in African Mining Indaba, originally scheduled for February has been moved to May 2022. Organisers of the event said the decision was made following extensive consultation with partners, key stakeholders across the mining value chain and government ministers. “Collectively we decided, due to ongoing challenges …

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Zambia’s exports to DRC are the highest in Africa

Zambia’s largest export market in Africa has remained the Democratic Republic of Congo (DRC), with exports to the DRC totalling over K10.7 billion in the six months ending June 2021. However, successive Zambian governments have focused their efforts on strengthening diplomatic ties with western countries, some of which have little …

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