First Quantum Minerals (FQM) says its recent investment in Australia-listed Prospect Resources is a strategic step toward extending the life of its Sentinel copper mine in Zambia. Speaking to Reuters recently, FQM Zambia Country Director Anthony Mukutuma confirmed that the company’s 15% stake in Prospect, acquired in April positions it …
Read More »Reliability and Cost Effectiveness Drive Goodwin Africa’s Mining Solutions
Delivering reliable, high performance and cost effective pumping solutions for heavy, abrasive slurry applications remains a top priority for submersible slurry pump manufacturer and supplier Goodwin Africa, according to Marketing and Sales Director Rui Gomes. Well positioned to meet the needs of the mining industry across South Africa and the …
Read More »Shuka Minerals Secures £2M Funding, Accelerates Kabwe Mine Acquisition
Shuka Minerals is poised to finalize its acquisition of Zambia’s historic Kabwe Zinc Mine, having secured a crucial £2 million funding facility. This strategic move, bolstered by a significant capital injection from Gathoni Muchai Investments Limited (GMI), paves the way for accelerated geological, mining, and mineral processing planning at the …
Read More »Recognising water risk in mining due diligence
Water-related risks can easily be underestimated in a due diligence study of a mining operation, with pollution and flooding being among the many aspects that prospective investors or lenders need to consider. “In most mining transactions, the issue of water generally presents a significant risk to investors,” said Peter Shepherd, …
Read More »Zambia Fuels Up for Economic Sovereignty with Landmark Angolan Refinery Stake
In a pivotal move set to redefine energy dynamics and foster intra-African collaboration, Zambia has secured a significant 26% equity stake in Angola’s Benguela (Lobito) oil refinery. This groundbreaking agreement, announced jointly by the energy ministers of both nations, marks a strategic pivot for Zambia, transforming it from a mere …
Read More »Pipestar Africa – leading the way in HDPE pipe Fittings in Africa.
Pipestar Africa has since opening its doors in 2015 become a trusted name in high-performance piping fittings and solutions across the African continent. This proudly African manufacturer has earned a reputation for delivering consistent quality, innovation, and reliability. The company is located at 22 Old Vereeniging Road, Kliprivier, Midvaal, just …
Read More »The lube kitchen part 4: foam inhibitor additives – bursting your bubble
The journey through the world of additives with condition monitoring specialist company, WearCheck, continues. This time, we dive into the bubbly world of foam inhibitors. What are they? Methyl silicone and organic polymers What do they do? Prevent the formation of foam How do they do it? Reduce the surface …
Read More »Gemfields’ G-Factor: Shining a Light on Resource Revenue, But Kagem Dims in 2024
JSE- and Aim-listed Gemfields, a leading player in the coloured gemstone sector, has once again thrown open its books, reaffirming its “G-factor for natural resources” figures for its flagship Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique. The latest data, spanning 2015 to 2024, reveals a …
Read More »CEC market capitalisation exceeded US $1 billion
The Copperbelt Energy Corporation’s (CEC) market capitalisation has exceeded US $1 billion, a historic first for any company listed on the Lusaka Securities Exchange (LuSE). The Company Secretary, Julia Chaila said crossing the one-billion-dollar threshold reflects confidence in business operations and strategy as CEC continues to provide reliable and sustainable …
Read More »Seasoned metallurgist appointed at Muntanga Uranium
GoviEx Uranium has appointed Deogratias Bukunkwe as Project Commissioning Metallurgist to further advance the development of its Muntanga uranium project. Bukunkwe, brings more than 25 years of process start-up and operations experience, including senior start up roles at Kayelekera and Langer Heinrich uranium mines, leading the Operational Readiness at DRA …
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