Business

The Government has praised First Quantum Minerals (FQM) for empowering 338 of its employees, local traditional leadership, the community and the government through ownership of land at its former Bwana Mkubwa mine in Ndola. The return of land this week set an industry benchmark in the rehabilitation and closure process …

VEDANTA Resources was on the cusp of bringing four years of dispute with the Zambian government over Konkola Copper Mines to a close, this is according to media reports. The reports quote the Indian firm as saying it was at an “advanced stage” of executing agreements with Zambia that could …

Barrick Gold Corporation, Africa’s biggest gold mine, Kibali, stepped up production significantly in the past quarter as part of its planned ramp-up and is well on track to achieve its annual guidance.  At the same time, successful exploration is expected to more than replace reserves depleted by mining again this …

Earlier this year Epiroc and SSAB announced a further expansion of their partnership to secure fossil-free steel for use in the production of Epiroc’s mining equipment. Since then, the two companies have expanded their collaboration into also exploring the possibilities to use fossil-free steel when manufacturing spare parts and components …

Bosch Rexroth Africa Development, a Bosch Rexroth Africa company, continues to grow the Group’s footprint in Africa by welcoming a new distributor. The company, Blumaq Zambia, provides spare parts for the mining industry and entered into a distribution agreement with Bosch Rexroth Africa Development in February 2023. Blumaq will supply …

The Portuguese manufacturer and seller of gensets and electric engineering projects is set to participate in both the Africa Energy Forum 2023 (Kenya, June 20th to 23rd) and FILDA (Angola, July 18th to 22nd). With an experience of more than 45 years providing energy solutions for numerous applications, Grupel has …

Originally developed in the 1960s, the Forsheda® V-Ring has long been the standard sealing solution in rotary applications that are subject to heavy contamination, successfully preventing ingress of external media and retaining lubricants. Widely used in sectors including agriculture, mining, transportation, machine tools, renewable energy and general industry, the single-piece …

The challenges presented by inconsistent power supply, exacerbated by the everyday reality of rising fuel and energy costs, have to be navigated by businesses across all sectors of the South African economy to ensure their future sustainability. Within this context, the pressure to find ways to operate more efficiently and …

GoviEx Uranium Inc. has launched education programs – the Back to School Project and GoviEx’s Youth Trainee Program in the vicinity of its Muntanga Project. The two initiatives were born out of GoviEx’s commitment to local employment and local development. This comes after the company had recognized the challenges in …

First Quantum Minerals (FQM), paid ZMW 20.4 billion in taxes and royalties independently audited Zambia Extractive Industries Transparency Initiative (ZEITI) 2021 annual report on tax payments and receipts The sum amounts to 61 percent of the total amount – nearly ZMW 34 billion – received by the government from the …