Copper

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 …

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 …

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 …

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 …

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. …

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, …

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 …

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 …

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 …

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 …