Business

Founder and CEO Martin Maine has extensive experience in physical metallurgy, and has participated in several international conferences and seminars. Twice President of the South African Institute of Welding, he has been involved in prestigious local projects such as Sasol ll and lll, Koeberg, and Gariep Dam. Maine also established …

Copperbelt Energy Corporation (CEC) Plc has mooted plans to delink its pan-African power assets developer CEC Africa from the CEC group. Julia Chaila, company secretary said the decision yet to get approval from shareholders is expected to improve CEC Plc financial performance. CEC Africa is currently reeling from operation challenges …

Mining and exploration company Group R Mining & Exploration Zambia achieved one-million work hours without a lost-time injury (LTI) at its Synclinorium shaft expansion projectfor its owner, Zambian-registered copper miner Mopani Copper Mines. Group R is the operating partner of Mauritius-based private capital and corporate advisory company Africa One Holdings …

Most developing countries that are rich in natural resources and are dependent on such resources have generally experienced poor economic performance. A strategy that has been useful in improving the economic performance of such economies is economic diversification. However, employing successful economic diversification strategies has been a challenge for many …

The best time to measure the overall contribution of a mine to society is when it is about to close, and Chibuluma Mine on the Copperbelt is an ideal case-study. Chibuluma was one of the first Zambian mines privatised in 1997, and after more than 18 years of operation, it …

  Universal Mining and Chemical Industries Limited is investing K70 billion into mining iron ore west of Kafue, says Dr Julius Kaoma. In a recent interview, Dr Kaoma, who is UMCIL Kafue Steel Plant executive technical director, said the mine would help reduce importation of steel into Zambia. In the same …

Zambia Chamber of Mines president Nathan Chishimba says the mining industry has no major concerns going into next month’s elections because there is an understanding among all political parties that mining is not a short-term venture. There have been concerns by some political and economic commentators that after the elections, …

Zambia cut its trade deficit by 92%, a move that is expected to shore up the country’s economic outlook of sustained. The copper rich country recorded a trade deficit in May 2016 valued at K 65.2 Million, representing a 91.5 percent drop in the trade deficit from K765.3 Million recorded …

Aim-listed BMR said it had been approached for an offtake agreement for agricultural-grade zinc sulphate heptahydrate (ZSH) and lead sponge from its Kabwe project, in Zambia. The mineral processing group secured Zambia Environmental Management Agency approval for the environmental- and social-impact assessment for its tailings retreatment process and the construction …

There is a direct correlation between the market size of contract mining and the commodities cycle/prices and investment patterns in capital projects Historically, mining was a highly protected industry and had a low propensity for outsourcing, but more operations are being outsourced across Africa, says global consultant and adviser Deloitte. …