Business

SKF unleashes raid to stamp out counterfeit bearings

Authorities, with collaborative support from SKF, recently conducted a large, highly effective raid action on a very well-known bearing seller of SKF bearings in Cape Town. The bearing seller, who has been on SKF’s radar for quite some time, has been selling counterfeit SKF bearings to numerous customers in the …

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New SKF quick lubrication review tool hits market

SKF is proud to introduce SKF Quick Lubrication Review, an innovative new tool that enables customers to discover more about their plant lubrication practices and compare them with industry peers and competitors with the view of enhancing their own procedures. “Correct lubrication is essential to machine and plant uptime, especially …

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First Quantum Doubles Down on Zambian Growth, Eyes Renewable Energy Play

First Quantum Minerals, a Canadian mining giant, reaffirmed its commitment to Zambia with ambitious expansion plans and a bullish outlook for the country’s role in the global green metals race. In its preliminary production and guidance update, the company underscored its dedication to the S3 Expansion project at the Kansanshi …

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Koryx Copper Strikes Copper with IP Survey, Paving Way for Targeted Drilling in 2024

Koryx Copper, a mineral exploration and development company with its sights set on Zambia’s Copper Belt, has uncovered promising veins of potential beneath the surface. Armed with the results of a meticulous induced polarization (IP) survey, the company is now charting a course for targeted drilling in 2024, fueled by …

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CEC kick off key power infrastructure projects

CEC has announced that the company’s blueprint should deliver steady growth for the business over the coming years. Owen Silavwe, CEC Managing Director said government efforts to create a private sector-lead economy supports the company’s effective and efficient execution of its strategy. “The Group is in a much better position …

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KANSANSHI US$1.25 BILLION S3 EXPANSION ON TRACK, SAYS FIRST QUANTUM

As part of its 2023 Preliminary Production and 2024-2026 guidance issued on Monday, First Quantum Minerals Ltd has reiterated its commitment to delivering the ‘S3 Expansion’ project at the Kansanshi mine, near Solwezi, North-Western Province. The announcement was made as part of a stock market announcement guiding recent and future …

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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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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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Barrick to increase Lumwana mine’s annual production to an estimated 240 000 t of copper

By: Nkosilathi Mudiyu Barrick is investing almost US$2 billion in an expansion project designed to increase the Lumwana mine’s annual production to an estimated 240 000 t of copper, from a 50 million tpy process plant over a 36-year life of mine, elevating this once-unprofitable operation into the front-rank of …

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