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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 …

As the mining firm commits to ensuring its operations continue so in an environmentally responsible manner First Quantum Minerals has continued to call for recognition of effective environmental management programmes for mining operations, which should strive for the protection of the ecosystem, add value to local biodiversity and safeguard Zambia’s …

The German manufacturer of heavy machinery for mining, tunnelling and civil engineering, GHH has unveiled a new dump truck, the New MK-42. According to the company, through a press statement, the dump truck consists a payload of up to 45 tonnes, which is not only one of the largest of …

Even in these uncertain times, traditional diamond producers remain confident about future demand. Despite the current COVID-19 outbreak, on Friday (27th March), Anglo American announced that production will continue across several African diamond assets with considerably reduced employee numbers. Individual mines will continue operating with only 50% of workers remaining. …

Researchers believe the spread of coronavirus in Asia might condemn the African continent to be the biggest loser outside Asia; this is despite the absence of a single case being confirmed thus far. According to Dirk Willem te Velde, principal research fellow at the Overseas Development Institute, a slowdown in …

President Edgar Lungu recently met Vedanta Chairman Anil Argawal at the request of the investor regarding the ongoing liquidation process of Konkola Copper Mine.   During the meeting, Argawal stated his desire to continue running the mine, pay debt owed to contractors and suppliers. Vedanta Chairman further added that he …

The Central Statistics Office (CSO) monthly bulletin report for July has indicated that 76.8 per cent of Zambia’s major export sales in June resulted from intermediate goods such as Copper anodes and cathodes. In accordance to the same report, 23.2 per cent of the nation’s total exports resulted from consumer …

  KAGEM Mining has predicted an increase in the demand for Zambian coloured gemstone in the world. Gemfields and Kagem chief executive officer Sean Gilbertson said responsible sourcing of coloured gemstones was receiving increased attention. “Coloured gemstones were progressively becoming more valuable to consumers on the international market compared to …

President Lungu has implored Copperbelt Energy Corporation (CEC) and Zambia Electricity Supply Corporation -Zesco to guarantee a smooth transition of the bulk power supply agreement which would come to an end in the year 2020. The power utility firm generates and supplies power in bulk to CEC which in turn …

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 …