Business

GLENCORE has announced that it would pay out 0.12 US cents per share The company said this in its 2020 year-end presentation as it resumed dividends as flagged in December. The payment is set to be equivalent to $1.6bn in total. However, it added that, provided that annualized free cash …

Caterpillar customers will now enjoy the latest simulator-based equipment training solutions courtesy of a new deal with ThoroughTec Simulation. The development comes after a global cooperation agreement to help improve safety, boost productivity, increase machine availability and create more sustainable mining operations. Under the agreement, Caterpillar Mining will recommend ThoroughTec …

According to the latest edition of Mining Elites in Africa, mines on the continent are beginning to adopt hybrid power plants. The power projects at two gold mines in Mali and at Ivanhoe’s Kamoa-Kakula copper production in the DRC were chosen in the annual publication as stand-out examples of making …

Advanced field services, transformer chemistry testing, reliability solutions – these are some of the extra services offered by condition monitoring specialists, WearCheck, in addition to traditional used oil analysis following recent expansion. The company’s advanced field services (AFS) division incorporates specialist monitoring techniques such as rope testing, technical compliance and …

First Quantum Minerals has handed over two commercial boreholes worth US$720,000 to Kisasa community, as part of on-going commitment to bring fresh clean water to local communities in Kalumbila District of North-Western Province. The boreholes are 130 meters deep with two 32,000 litre, 15-metre high storage tanks, connected to a …

NDT (Non Destructive Test) works carried out by SKF Zambia on more than 90 mobile mining machines and equipment operating on one of the country’s largest copper mines, delivered massive savings for the customer over a six month period. The mine, which is located in Zambia’s North-Western Province, is a …

The International Monetary Fund (IMF) has indicated willingness to discuss the country’s  broad elements of the Economic Recovery Program, which seeks to restore macroeconomic stability, attain fiscal and debt sustainability, restore growth and safeguard social sector spending. “Given the deep-rooted challenges faced, policies would need to be calibrated to restore …

Sarens has been supplying cranes to Zambia since 2018 on a project by project basis, however, the new facility in Chingola will allow the company to establish a permanent base and serve projects within a 300km radius. The company has opened a new depot in Chingola, northern Zambia near the …

  There is no limit to what we, as women, can accomplish – Michelle Obama Bureau Veritas, a world leader in testing, inspection, and certification, is proud to announce the launch of its “BV Women in Africa Mentorship Program” a strategic collaborative partnership with TWAA, an innovative and disruptive global …

Anne Kabagambe is now the new independent director of Barrick Gold. The former executive director of the World Bank and has been welcomed as a new addition to the board were she will be representing the interests of 22 Sub-Saharan African countries. These include Tanzania and Zambia, where Barrick has …