Features

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 …

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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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US-Africa Power Play: New Cobalt & Copper Giant Rises in Zambia

A seismic shift is underway in Zambia’s mineral-rich landscape, as US-based critical minerals developer Terra Metals and resource investment firm Metalex Commodities ink a deal to create what they boldly term a “new copper and cobalt production powerhouse.” The strategic partnership, dubbed Lunda Resources, is poised to reshape the global …

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Processing trials at Roan Concentrator concluded

Jubilee, a diversified metals producer with operations in South Africa and Zambia has concluded successfully the extensive processing trials at its Roan Concentrator (Roan). The production results confirm Jubilee’s leading technical capabilities to process successfully high-grade shallow transitional copper reefs, previously deemed as waste or too complex by many operators. …

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Grizzly’s Dubai Emerald Auction Nets $24.8 Million

In an international emerald auction held in Dubai this month, Grizzly Mining has raised $24.8 million in revenue. The auction featured medium- to high grade rough emeralds from its flagship mine in Zambia, including the standout 6 620 carat Pilala stone. Out of 112 lots offered, 105 were sold, representing …

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Pump Packing Proves Its Value in Harsh Mining Conditions

Equipment reliability is essential in mining, where operations face continuous wear and extreme conditions. From gold extraction in Zimbabwe to copper mining in Zambia and diamond operations in Botswana, the challenges remain the same such as abrasive slurries, chemical exposure, fluctuating pressures and remote sites with limited maintenance access. In …

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WearCheck introduces advanced Legionella testing to safeguard water quality

WearCheck Water, a division of leading condition monitoring specialist, WearCheck, has expanded its expertise in water analysis with the introduction of Legionella pneumophila detection and enumeration. This latest development positions WearCheck at the forefront of water and surface safety monitoring, ensuring businesses, industries, and public institutions can proactively manage Legionella …

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Zambia Courts Chinese Energy Giants as Power Crisis Bites

In a determined push to illuminate its struggling economy, Zambia has rolled out the red carpet for Chinese energy investors, with Energy Minister Makozo Chikote making a direct appeal to a high-level delegation from China’s Xinjiang Uyghur Autonomous Region last week. The urgent plea, delivered at the Ministry Headquarters in …

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Accelerate structural reforms to unlock GDP growth – IMF

The International Monetary Fund (IMF) has urged the government to accelerate structural reforms in the energy sector, governance, public procurement, and the business environment to unlock growth potential and support job creation.” “Continuing the reform momentum is essential to build resilience, create fiscal space, and crowd in private investment,” said …

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Kagem awarded for exceeding 10 million LTI- free hours

Kagem Mining (Kagem) has been awarded a prestigious safety award by the government of Zambia’s Mines Safety Department, recognising its achievement of over 10 million Lost Time Injury (LTI)-free hours. This landmark accomplishment of 10,098,176 hours without time lost to injury underscores the emerald mine’s unwavering commitment to strive for …

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