Business

Hexagon scoops mining safety award

Hexagon’s operator alertness system for light vehicles has been voted winner of the 2019 Mining Magazine Safety award. The annual awards celebrate excellence in the mining industry, as voted by readers who are invited to recognize “outstanding commitment to advancing the state of play in mining”. “This year, we received …

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Entries for Sanlam 2019 Financial Journalism Awards are now open

Sanlam Group has announced that the group is now accepting entries for their annual Sanlam Financial Journalist of the Year Awards. The awards, running successfully for the 45th consecutive year, recognise the best financial reporting by reporters based in Africa, publishing or broadcasting commendable journalism on the continent. According to …

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UK-AFRICA SUMMIT: Britain makes a small first step towards green technology

Climate campaigners have described the announcement by the British government to suspend financial support for thermal coal as a “small first step.” The British Prime Minister, Boris Johnson announced at the inaugural UK-Africa summit that the government will suspend financial support for thermal coal as part of efforts to present …

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Bruce Chibenda: from farmer’s son to FQM training manager

He is the first-ever Zambian to take up the position of Training and Development Manager at any of First Quantum Minerals’ subsidiaries. Growing up as a young boy in the then mining town of Kabwe in the 1980s, Bruce Chibenda had no idea that he would one day hold a …

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Revitalizing economic ties top of agenda at the UK-Africa summit

African Development Bank President Akinwumi  Adesina is expected in London for the UK-Africa Summit, an investment summit aimed at forging new partnerships under the theme: ‘Partners for prosperity.’ The summit is being convened by Prime Minister Boris Johnson and kicks off on January 20th . According to a statement, a …

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Canada’s First Quantum weighs $1bn Zambian copper mine expansion

Canadian miner First Quantum Minerals is weighing an investment of around $1-billion to lift output at Africa’s biggest copper mine in Zambia, a company document seen by Reuters showed. The investment would add a decade of life and head off production declines at the Kansanshi copper mine, increasing annual production …

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Kagem host another triumphant auction

Kagem Mining recently hosted a successful auction of emeralds from Lufwanyama Mine, this week. The 34th auction since UK-based Gemfields acquired 75 percent of Kagem in July 2008 was held under the watchful eye of Ministries of Finance and Mines and Minerals Development. While the sale of high quality gemstones …

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Copper is a modern metal, says Barrick Gold

Canadian mining company, Barrick Gold looks to expand on their copper industry as they believe the metal is strategic, modern and irreplaceable. Barrick Gold is the owner of Lumwana Copper Mine in Zambia. According to their CEO, Mark Bristow, Barrick is on the lookout for growth in the copper industry …

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Africa Must Benefit the Most from Mineral Wealth

President Cyril Ramaphosa says the time has come for Africa to benefit from its mineral wealth and be a producer of value-added goods. The President made the impassioned plea during the opening ceremony of the second Africa Investment Forum at the Sandton Convention Centre in Johannesburg. Approximately 2 000 delegates …

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Empire Cat donates truck for raffle

Empire CAT of Phoenix, AZ, has donated a 2020 GMC Sierra 2500 SLT Diesel truck valued at $70,000 as the grand prize for the Society for Mining, Metallurgy & Exploration Foundation (SMEF)  Benefit Truck Raffle. The proceeds are to support critical education, outreach and professional development programs for SMEF. “Empire …

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