Business

According to Mark Bristow, CEO of Barrick Gold, the normalization of Zambia’s fiscal restrictions was “a very significant event” in the country’s efforts to attract fresh investment. Zambian tax policies were revised in its national budget last week, just two months after Hakainde Hichilema was elected as the country’s new …

The proven mining-sector material handling capability of Unitrans Africa (UA) is laying the groundwork for a bright future marked by unique innovation in key areas of the company’s operations. Unitrans Africa’s bold, long-term vision includes electric vehicles as well as real-time stockpile management and reporting. But none of these concepts …

First Quantum, based in Canada, has reduced its total copper production guidance for the year by 15 000 t, to a range of 800 000 t to 835 000 t, as it revised expectations for output from the Cobre Panama mine, as well as Kansanshi and Senitel in Zambia. The …

Mining corporations are considering investing in nations that they previously deemed too hazardous, such as the Democratic Republic of the Congo and Zambia, owing to a shrinking pipeline of large copper mines elsewhere and record-high prices. Because of investor concerns about unpredictable regulatory regimes, difficult working conditions, and corruption, some …

Robert Kamanga, the deputy Chief Executive Officer of China Non-Ferrous Metal Business (CNMCLuanshya )’s Copper Mines ( LCM), said his company is considering shutting down mine operations at its Baluba shaft in 2022. Mr Kamanga claims that the LCM has exhausted all copper reserves at the mine, prompting the decision …

GEMFIELDS made a taxed profit of $23.8 million in the six months ended June, compared to a loss of $56.7 million in the prior fiscal year’s six months. Due to the emergence of the Covid-19 pandemic and the subsequent suspension of gem auctions for the year, the company’s losses were …

Flexicon have introduced a new line of anti-slip access platforms to reach elevated process equipment safely, eliminating the need for ladders, scissor lifts and forklift cages. The modular system includes braced frames which can be bolted to the floor, 1220 mm square deck sections, and stairways with elevations up to …

Pix4D, the market leader in photogrammetry solutions, is attending the Intergeo 2021 conference to share its latest news and technological developments. This includes live demos of its terrestrial data collection hardware and software solution of PIX4Dcatch and the viDoc RTK rover for iPhone Pro and iPad Pro, as well as …

Alinani Precious Metals (APM), a Zambian company, has revealed intentions to establish a Sh1 billion gold processing plant on Nairobi’s Mombasa Road, aimed at artisanal miners. The gold refinery project, which will begin building in early September, will allow miners to derive value from their mineral resources rather than only …

Changing the face of energy consumption and innovation demands big and bold ideas. It asks that organisations, sectors, and service providers invest in solutions that change how energy is consumed, created, and managed. And the mining sector has been meeting these big and bold requests head-on. This sector, facing complex …