Business

CEC market capitalisation exceeded US $1 billion

The Copperbelt Energy Corporation’s (CEC) market capitalisation has exceeded US $1 billion, a historic first for any company listed on the Lusaka Securities Exchange (LuSE). The Company Secretary, Julia Chaila said crossing the one-billion-dollar threshold reflects confidence in business operations and strategy as CEC continues to provide reliable and sustainable …

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Seasoned metallurgist appointed at Muntanga Uranium

GoviEx Uranium has appointed Deogratias Bukunkwe as Project Commissioning Metallurgist to further advance the development of its Muntanga uranium project. Bukunkwe, brings more than 25 years of process start-up and operations experience, including senior start up roles at Kayelekera and Langer Heinrich uranium mines, leading the Operational Readiness at DRA …

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KSB GIW® MDX Pump Sets New Industry Standard with Technological Breakthroughs.

As the industry standard for mill duty cyclone feed applications, KSB’s GIW® MDX pump keeps raising the bar for performance in the mining sector. The MDX pump was first released in 2008 as a specifically designed solution to the shortcomings of conventional slurry pumps. It was created from the ground …

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Mining Indaba calls for unified action

The Investing in African Mining Indaba, Africa’s most influential and transformative platform for mining leadership, investment, and innovation, has announced its 2026 theme, ‘Stronger together: Progress through partnerships.’ Laura Nicholson, Content and Communities Director, Mining Indaba said the theme reflects commitment to fostering partnerships that not only drive investment but also …

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Grizzly’s Dubai Emerald Auction Nets $24.8 Million

In an international emerald auction held in Dubai this month, Grizzly Mining has raised $24.8 million in revenue. The auction featured medium- to high grade rough emeralds from its flagship mine in Zambia, including the standout 6 620 carat Pilala stone. Out of 112 lots offered, 105 were sold, representing …

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Chrysos Secures Deal to Supply PhotonAssay Technology to Newmont’s Gold Operations

ASX-listed Chrysos Corporation has entered a master services agreement (MSA) with global miner Newmont Corporation to deploy its advanced PhotonAssay technology at Newmont’s gold sites worldwide. The first PhotonAssay unit will be installed at Newmont’s Ahafo mine in Ghana during the first half of the 2026 financial year, marking a …

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FQM supporting innovative energy solutions

As part of efforts to address the country’s energy needs, and commitment to sustainability, First Quantum Minerals (FQM) has entered into an agreement with private sector partners to secure clean, reliable power from the Kariba North Bank Extension (KNBE) energy plant. The agreement uses an innovative partnership model that supports …

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Kagem awarded for exceeding 10 million LTI- free hours

Kagem Mining (Kagem) has been awarded a prestigious safety award by the government of Zambia’s Mines Safety Department, recognising its achievement of over 10 million Lost Time Injury (LTI)-free hours. This landmark accomplishment of 10,098,176 hours without time lost to injury underscores the emerald mine’s unwavering commitment to strive for …

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Prospect expands exploration, evaluation at Mumbezhi

Prospect Resources has commenced phase two drilling and exploration programmes at its Mumbezhi Copper Project in the Copperbelt. The Managing Director and Chief Executive Officer of Prospect, Sam Hosack said the phase 2 programme has been designed to validate the significant potential for a material, large scale resource at Mumbezhi. …

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SEW-EURODRIVE Expands Technical Services Across Africa

SEW-EURODRIVE South Africa, a leading provider of industrial gearboxes, drive systems and automation solutions, is accelerating the rollout of its ‘African Strategy’, aimed at extending technical services and support across the continent. The initiative is part of the company’s broader effort to strengthen its presence and improve customer responsiveness in …

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