VEDANTA Resources was on the cusp of bringing four years of dispute with the Zambian government over Konkola Copper Mines to a close, this is according to media reports. The reports quote the Indian firm as saying it was at an “advanced stage” of executing agreements with Zambia that could …
Read More »Makayi becomes the country’s first female head in a mining exploration company
In Zambia, Africa’s second-biggest producer of copper, which is in high demand for the transition to a low-carbon economy, Mfikeyi Makayi will be the most senior woman yet in the mining sector. Silicon Valley start-up KoBold Metals, which uses artificial intelligence to identify battery metal deposits, has appointed a woman …
Read More »Right skills needed for enhanced cooper productivity
Zambia needs to have a workforce with the right skills so that productivity in copper production is enhanced. Skilled miners are critical to meeting the annual copper production of three million tonnes in the next 10 years. Training mine operators is one way of growing the sector as it increases …
Read More »WSP Africa Earth & Environment urges SADC to work with DRC in resolving mineral transportation logistics
WSP Africa Earth & Environment has emphasised the need for Southern African Development Community (SADC) countries to work together towards resolving common challenges, particularly in terms of logistics, where countries must rely on one another to efficiently export mineral products. To fully reap the benefits of the demand for battery-related …
Read More »FQM’s Sentinel Mine Year-on-Year Copper Production Increases
First Quantum Minerals has reported a year-on-year increase to 242,000 tonnes of copper production at its Sentinel mine, 9,000 tonnes higher than in 2021, and record quarterly production of 73,000 tonnes in the fourth quarter of 2022, 13,000 tonnes higher than Q4 2021 and 9,000 tonnes higher than Q3 2022. …
Read More »Mining companies getting increasingly involved in the Central African Copper Belt
MAJOR mining companies are getting increasingly involved in the Central African Copper Belt, expanding existing operations and exploring new discoveries as the positive fundamentals for copper in terms of soaring demand and limited new supply remain in place. Those groups include Barrick Gold, Anglo American, Ivanhoe Mines and First Quantum, …
Read More »Mining’s Energy Transition Dependent on New Copper Sourcing
As the demand for copper surges amid the energy transition, mining experts expect supply deficits to emerge in coming years, in part due to lacklustre investment in exploration and construction of new copper mines. Mining company executives’ preference for safe, short-term returns has led to a massive underinvestment in new …
Read More »Zambia’s copper production and prices plummet, putting country’s economic growth goals in jeopardy
Zambia’s economic growth goals for this year are in jeopardy as the country’s copper production and prices, which account for more than 70% of export revenue, plummet. Production dropped 7.4% to 364,089 tons in the first half of 2022, according to figures released on Tuesday by the Zambia Chamber of …
Read More »FQM continue with its copper mine expansion at Kansanshi, order for two enormous horizontal grinding mills
For its copper mine expansion at Kansanshi in Zambia, First Quantum Minerals (FQM) has given Metso Outotec an order for two enormous horizontal grinding mills. The delivery from Metso Outotec features two Planet Positive PremierTM grinding mills, the largest Premier grinding mills the company has ever delivered, with a combined …
Read More »No investor could buy KCM without our consent-Vedanta
Konkola Copper Mines (KCM) should not look for a new investor until the legal dispute with Vedanta Resources is resolved, the Indian mining company stated on Tuesday. In May 2019, the former administration in Zambia placed KCM under the control of a liquidator, starting the continuing legal battle with Vedanta …
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