Features

Leading crane manufactures, Condra Cranes have elevated in status the humble hook-block to become the key component of an electric overhead crane completed by the company for a metal refinery. This particular machine was shipped in the third week of September. The company says it is their engineering expertise, the …

Galileo Resources hopes to use its funds raised through a share placing to begin mining its Star Zinc project in mid-2020, as well as commencing an exploration study at its other Zambian location, Kashitu The United Kingdom based miner has raised £500 000 through the placing of 100-million new shares …

Earthmoving equipment manufacturer Bell Equipment’s Zambian operation is benefiting from good demand for after-sales support amid the country’s tough economic conditions. “We have had success with our ReMan re-power programme through which complete rebuilds of articulated dump trucks (ADTs) are undertaken to provide a second life for equipment at reasonable …

Zambia’s growth is projected to slow to 2% this year, reflecting a decline in mining sector activity, owing to policy uncertainty and the ongoing drought’s impact on the production capacity of the country’s hydropower plants, according to a press release published by the International Monetary Fund (IMF) last month. International …

Zambia’s High Court on Tuesday suspended hearings on the winding up of Vedanta Resources’ local mining business until the Court of Appeal rules on the lower court’s refusal to let the matter go to arbitration, the provisional liquidator said. Vedanta has been locked in a dispute with the Zambian government …

The world’s second-largest uncut diamond has been unearthed in the Karowe Mine of Botswana. After the announcement by Canadian company Lucara Diomond Corp, the miner’s share price increased to 11% to C$1.68 a share. The 1758ct diamond is second in size only to the 3 106ct diamond that was mined …

The decreasing water levels at Kariba Dam has decrease plunged electricity generation for both Zambia and Zimbabwe, the local utility company has announced. The two countries’ joint technical committee report issued has indicated the levels of water dropping to 43 percent of the dams’ capacity. Henry Kapata, Zambia Electricity Supply …

First Quantum Minerals (FQM) has allayed reports by non-governmental organisations (NGOs) that appear to be ‘calculated to destabilise the trust built up with local people’. The company said the poorly researched reports fuel unrest, distort the views of the majority of local people, and give a disproportionate profile to a …

The Mineworkers Union of Zambia (MUZ) has sternly advised the government against forging ahead with the offer by First Quantum Minerals (FQM) to purchase the shares that are held by government through ZCCM IH. Speaking to the media recently on the Copperbelt province in Zambia, Joseph Chewe, the MUZ president …

Pollution of the natural environment is generally viewed as an inherent consequence of the complexity of large-scale commercial mining, which often negatively affects communities when harmful emissions find their way into the environment. To minimise the negative impact on the environment, First Quantum Minerals’ Kansanshi Mining has established a pioneering …