Africa’s second-largest copper producer, Zambia, has faced hurdles to export its copper amid the COVID-19 pandemic as it is a landlocked country which needs to use ports in other countries situated near the seacoast like South Africa. The country’s copper exports to China have been affected by COVID-19 lockdowns imposed …
Read More »GV Gold increases production with the help of digital technologies
GV Gold, also known as Vysochaishy, one of the fastest-growing Russian gold mining companies, has rolled out the Zyfra OpenMine fleet management system (FMS) at its Ugakhan Mine in Russia’s Irkutsk Region in Siberia. The implementation of the project has resulted in a year-on-year ore production volume increase of 11%. …
Read More »Trident acquires royalty over Zambian copper mine
Trident Resources has acquired a gross revenue royalty (GRR) over production from Moxico Resources’ Mimbula copper mine, in Zambia, as well as over associated stockpiles, for $5-million in cash. Trident is entitled to royalty payments on production starting from July 1 and extending in perpetuity. Moxico is a private company, which is rapidly …
Read More »Slow border logistics is costing Africa a fortune and must be brought to an end
When I last visited Zimbabwe, Zambia and Botswana, I was horrified by the dreadfully long queues of heavily laden trucks waiting to cross through border posts. I chatted to a few of the truck drivers and they complained bitterly about their long waits. It’s simply nonsensical and a gross brake …
Read More »Govt tensions with power firm CEC bad for investment- Zambia Chamber of Mines
The Zambia Chamber of Commerce believes that the government’s attempt to force Copperbelt Energy Corp (CEC) to open up its infrastructure to other power producers has dented the country’s image as an investment destination. Energy Minister Matthew Nkhuwa issued a decree last Friday compelling CEC to allow others to transmit …
Read More »How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?
Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …
Read More »We Need a Cohesive Strategy and Coordinated Approach for SMEs to grow post COVID-19
The announcement of a prolonged shut-down across many major African countries as a measure to contain the spread of COVID-19 could have dramatic negative effects on the economy of the entire continent. Africa’s GDP is largely driven by Small and Medium Enterprises (SMEs) and the informal sector that accounts for …
Read More »Zambian emeralds beam hope to world as birthstone of May
Emeralds have been a beacon of hope across the world since time immemorial. Now Zambia is taking its place as the leading source of these precious gemstones, thanks to the world’s largest producing emerald mine – Kagem – in Lufwanyama, which is owned by Gemfields in partnership with the Zambian …
Read More »Kagem leads the fight against COVID-19 in Lufwanyama District
Kagem Mining has donated disinfectants, cleaning products and public health posters worth K100,000.00 to Lufwanyama District Hospital, Lufwanyama, giving residents hope in the fight against COVID-19 in the province. The donation is part of the company’s community development work, aiming to improve access to quality healthcare in society. “These materials …
Read More »Blast planning taken to new heights
As part of its continuous development of digital solutions, blasting leader BME has further enhanced its BLASTMAP™ blast planning tool with an added burden relief timing module. “As an enabling tool for our well-accepted AXXIS™ electronic initiation system, BLASTMAP™ now has a powerful burden relief feature that gives the blaster …
Read More »
Zambian Mining News The Premium Source of Information on The Zambian Mining Industry