The deputy president of Zambia stated on Wednesday that $5 billion in Indian investment is planned for Zambia with a focus on infrastructure development, agriculture, and the health sector. Speaking to reporters in the Indian capital New Delhi on the sidelines of the ongoing Exim Bank India-Africa Growth Partnership Conclave, …
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Instrotech is now offering Kobold’s electronic unit ZOE, specifically designed for the calculation and display of flow rates and volume flow of flowmeters. The instrument use is applicable whether users have an external power supply or need a battery-powered device, and when a back-lit display is required (or not), the …
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In an effort to lessen liabilities and support company growth, Konkola Copper Mines PLC (KCM) has put aside $2 million to pay off outstanding debt to small and medium suppliers and contractors. Following discussions with KCM management, KCM Provisional Liquidator Celine Nair announced the development. She claims she made the …
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In response to an article that appeared in Fin 24 on June 15th of this year, Gwede Mantashe, the Minister of Mineral resources and Energy, warned of the use of illuminating paraffin (IP) to doctor diesel in an attempt to defraud the revenue services and increase profits. The following article …
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Pix4D, the market leader in photogrammetry solutions, is pleased to announce the certification of the viDoc by Bureau Veritas. This official recognition confirms that the viDoc is accurate enough to be used in industry. The Bureau Veritas found the viDoc to have a margin of error of less than 5cm, …
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Gemfields’ stock soared nearly 7% on the JSE yesterday after the supplier of coloured gemstones said that its first ruby auction of the year brought in $95.6 million (R1.6 billion), the company’s all-time high auction income. In intraday trading on Monday, the shares were trading at R3.55. The Gemfields Group, …
Read More »ZCCM-IH, an investment firm, has announced that it has chosen to outsource the strategic review and determination of Mopani Copper Mines – MCM to a South African unit of Rothschild & Co (another investment firm). When mining expert Edward Simukonda challenged the investment company (ZCCM-IH) and the Industrial Development Corporation …
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Zambia Railways Limited (ZRL) has confirmed that it has no plans to introduce electric trains in the railway transport sub-sector at this time. Even though the company is using a system that is currently slow and needs to be redesigned, this is the case. Caristo Chitamfya, ZRL Public Relations Manager, …
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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 …
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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 …
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