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Stalled Talks: UAE’s Bid for Zambian Copper Riches Hits a Wall

The scramble for Africa’s vast copper resources took a surprising turn this week as talks between the United Arab Emirates’ (UAE) International Resources Holding (IRH) and Vedanta Resources Ltd. collapsed. The breakdown in negotiations cantered around Vedanta’s prized Konkola Copper Mines (KCM) in Zambia, a copper behemoth that has attracted …

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Mastercard sponsor AFSIC – Investing in Africa to prop up Africa’s SMEs

…across agriculture, climate adaptation and digital economy sectors AFSIC – Investing in Africa aims to partner with companies to accelerate Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment. The decision is also an endeavor to sustainably grow Africa’s economy and increase African …

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New members appointed to Mining Indaba advisory board

Mining Indaba has introduced its latest advisory board members, joining the key industry players in driving transformation within the mining sector. Dr. Marit Kitaw and Kwasi Ampofo are now part of the Mining Indaba 2025 advisory board and committee members. According to Mining Indaba, the committee members, with their diverse …

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KoBold Metals to Invest $2.3 Billion in Major Copper Mine in Zambia

The mining exploration company backed by Bill Gates, KoBold Metals, plans to invest $2.3 billion to develop a significant copper mine in Zambia, according to President Hakainde Hichilema, who cited company figures. The company aims to produce over 300,000 metric tons of copper annually at the Mingomba site, potentially making …

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Botswana May Increase De Beers Stake as Anglo American Considers Spin-Off

The Botswana government is considering increasing its shareholding in global diamond miner De Beers, according to President Mokgweetsi Masisi, following parent company Anglo American’s announcement of plans to spin off or sell the business. Botswana currently owns a 15% stake in De Beers and contributes 70% of the company’s annual …

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Mining Indaba 2025 theme released

Organisers of the annual renowned mining jamboree Mining Indaba have announced the theme for next year’s event. According to the organisers, the Mining Indaba 2025 will be held under the banner: Future-Proofing African Mining, Today! “Together, let’s mine not only precious resources but also hope, resilience, and a legacy worthy …

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IMF applaud efforts to restore debt sustainability

The International Monetary Fund (IMF) has applauded the government for implementing an ambitious economic reform program. According to the IMF, the program aims to restore fiscal and debt sustainability, create fiscal space for much-needed social spending, and strengthen economic governance and transparency. The economic reform program is supported by US$1.3 …

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Kagem Emeralds Champions Upskilling for Zambia’s Economic Revival

Lufwanyama, Zambia: In a display of solidarity with the labour force, Kagem Mining Limited (Kagem), the world’s largest emerald producer, actively participated in the joint Labour Day celebrations held on May 1st at Lufwanyama Boarding School Hall. The event brought together government representatives, mining companies, trade unions, and other stakeholders …

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Zambia Unearths a Gem: Key Trends Driving Mining Boom

Zambia is experiencing a resurgence in its mining sector, a transformation fueled by a potent cocktail of policy shifts, strategic investments, and a renewed focus on exploration. This mineral-rich nation, boasting vast reserves of copper, emeralds, and a treasure trove of other resources, is poised to reclaim its position as …

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Rich rewards result from investing in WearCheck’s training

Ensuring that condition monitoring customers whose maintenance staff undergo ongoing technical skills training earn significant returns from their investment into the training courses, is a priority for condition monitoring specialist company, WearCheck. Maintenance crew members can choose from more than 15 courses that are conducted by WearCheck’s experts in various …

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