Business

First Quantum Minerals’ Sentinel Mine in Kalumbila District of North-Western Province has exceeded production targets for July and August, produces over 23,000 tonnes and  25,000 tonnes of copper in the two months respectively. According to the company, the strong performance was attributed to consistent milling rates and better than expected …

Covid-19 and its associated travel, quarantine and other restrictions have had an adverse effect on the Gemstone miner Gemfields’ operations and its ability to host gemstone auctions. JSE- and Aim-listed miner says it is unable to provide guidance as to when it might be able to host its next auction, …

First Quantum Minerals (FQM) has announced plans to invest US$650 million, to double copper output and extend the life of Kansanshi Mine, to 24 years However the mining firm has cautioned shareholders that the expansion project can only go ahead if the company is confident of a competitive fiscal regime, …

Condition monitoring specialists, WearCheck, recently relocated their head office and main laboratory from Pinetown to Westville, just outside Durban. The company’s Durban transformer laboratory also moved to the same premises. WearCheck’s new laboratory and offices are at No. 4 The Terrace, Westway Office Park, Westville. Managing director of WearCheck, Neil …

Arc Minerals director and executive chairman, Nick Von Schirnding, believes that a name change, new leadership and a sole focus on a single commodity has put AIM-listed Arc Minerals on a strong footing to progress its copper assets in Zambia. Von Schirnding, who has more than 25 years’ experience in …

It is reported that Zambia seeks to control  Mopani Copper Mines by claiming a bigger stake in Glencore’s majority-owned company. Glencore owns 73.1%, First Quantum Minerals 16.9% and ZCCM-IH, Zambia’s mining investment arm, 10% of the operation, which was shuttered briefly earlier this year. Mines minister Richard Musukwa told press …

Stabilising operations, maintaining workforce and production have become a difficult task for the mining sector amid the COVID-19 pandemic and an unfavourable mining tax code, but FQM has so far achieved mostly positive results Global mining giant First Quantum Minerals (FQM) has maintained jobs and production at its operations in …

Africa’s second-largest copper producer, Zambia, has faced hurdles to export its copper amid the COVID-19 pandemic as it is a landlocked country which needs to use ports in other countries situated near the seacoast like South Africa. The country’s copper exports to China have been affected by COVID-19 lockdowns imposed …

While the mining sector may lag behind many other industries in its inclusion of women, there are plenty of examples of highly skilled professional women making their mark in the technical consulting field. This is according to Vassie Maharaj, a director, partner and principal consultant in social risk management and …

The strategic partnership between Ivanhoe Mines and China Nonferrous Metal Mining (CNMC ) would see the two companies being active in the Democratic Republic of Congo (DRC), exploring the production, smelting, and logistics opportunities. Canadian mining company Ivanhoe Mines has signed an agreement with CNMC, to jointly explore, develop or …