Business

How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?

Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …

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New analysis software for automotive ethernet testing

PicoTechnology has released a new BroadR-Reach decoder/analyzer package that simplifies Automotive Ethernet integration testing and debugging. Locally represented by COMTEST the package includes a novel non-intrusive software directional coupler to separate up- and downstream traffic on full-duplex communication lines. BroadR-Reach allows multiple in-vehicle systems to simultaneously access information over single …

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CEC remains upbeat despite COVID-19

Government efforts to stabilize the mining sector, as impacts of the COVID-19 pandemic unravel have heightened CEC’s optimism into the future. “Efforts across the globe to find a lasting solution to COVID-19 give us a measured sense of confidence that stability and focus on growth should return over the medium …

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From Kalomo to the World: The story of Sindowe and Copperbelt Energy Corporation (CEC)

Hanson Sindowe is the last person you would expect to be one of Zambia’s richest; he grew up the son of a policeman in a family of farmers in the village of Kalomo, 120 kilometres north of Livingstone. It’s a place thousands of kilometres from where he made his fortune …

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Explosion-proof hoists for Kusile coal conveyors

Condra has completed manufacture of eight explosion-proof, high-lift hoists – four of them articulated – for Tenova Bateman. All are custom-built, two-speed machines that utilise the modularity of Condra’s K‑Series to deliver performance capabilities precisely tailored to the individual requirements of each application. After commissioning at Kusile Power Station, the …

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Zambia to amend mining rules to treat gold as strategic asset

Zambia is moving to amend gold-mining rules so that they treat the metal as strategic. The cabinet agreed to amend the Mines Act to align it with a policy set last October to recognize gold as a strategic mineral. That requires production by artisanal miners to be bought through the …

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Zambia partners with Array Metals in a bid to diversify revenue base

ZCCM Investments Holdings (ZCCM-IH) has entered into a joint venture with mining services firm Array Metals to process production from a gold deposit. According to the company in a statement recently, Zambia’s state mining investment company is trying to diversify the country’s revenue base and aims to produce 40 000 …

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Zambia steps up attempts to formalise artisanal mining sector

ZAMBIA is stepping up attempts to formalize artisanal mining sector by overseeing the construction of 10 milling plants which they hope will produce 40,000 kilograms (about 1.4 million ounces) of gold a year. The milling plants will firstly formalise the artisanal gold sector, from primary and secondary or artisanal and small-scale …

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Glencore’s Mopani Copper to resume operations

MOPANI Copper Mines is set to resume its mining operation following “constructive discussions” held between the company and the Zambian government. The company will resume operations and provide a 90-day notice period of its intention to place the operations on care and maintenance, the company said in a statement. During this …

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Africa must support African supply chains to unlock sustained economic growth

The current Covid19-related economic challenges both locally and throughout the Africa starkly highlight the need for pan-African companies and governments to support African supply chains, and in so doing, to boost economic activity on the continent. This can be achieved by procuring the production of goods and services for infrastructure …

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