Hot

Australian company Weatherly has entered into a binding agreement to purchase 100% of the Kitumba copper project. The AU$ 4.75 million deal is subject to certain conditions precedent including intrepid shareholder approval and any regulatory approvals required in Zambia and Australia. Kitumba copper development project hosts a JORC-compliant measured and indicated resource of 24.9Mt at a copper …

Konkola Copper Mines (KCM) has announced intentions to set up a new copper smelter, cobalt refinery and other infrastructure. The projects are to be financed through the $1 billion investment programme announced earlier this year. In March Vedanta announced the $1 billion investment after a meeting between its Chairman Anil …

Zambian Chamber of Mines (ZCM) believes the country’s mining sector can learn from Chile, the world’s biggest copper producer. The chamber said Chile and Zambia produced roughly the same amount of copper in 1970, which was about 680 000 t/y. However, currently, Chile produces 5.6-million tons of copper – about …

South Africa has been urged to benchmark from countries like Zambia to attract investment and miners. Peter Major, Cadiz Corporate Solutions speaking recently at the Hogan Lovells Africa Forum recently called for mining policy change. “South African mining has gone from having the most advanced, efficient mines on the planet …

GoviEx Uranium Inc. has completed transaction to acquire African Energy Resources’ Chirundu and Kiraba uranium mineral interests. “The combination of African Energy’s Chirundu and Kiraba Valley tenements with GoviEx’s Mutanga Project finally unites these neighbouring properties, and significantly expands and improves the potential economies of scale,”  said Govind Friedland, Executive Chairman …

Kagem has pioneered high-tech tagging system to tag and trace emeralds Commissioned during the Lusaka Auction, nanotechnology system invented by Swiss gemstone testing laboratory Gübelin Gem Lab is set to revolutionise the gemstone industry. The breakthrough technology uses customised synthetic DNA-based nano-particles that are infused by gentle rocking into the …

Zesco intends to end emergency power imports from Mozambique in the first quarter of next year, officials from the company have revealed. Webster Musonda, Zesco Director of Transmission said power generation had improved to meet the utility company’s requirements. “By and large we will be able to meet our own …

Zambia Chamber of Mines (ZCM) says the country’s mining industry still has potential to be amongst the most sustainable global. Nathan Chishimba, ZCM president said despite experiencing vast challenges in the past years, regular dialogue will spur the mining industry is to remain sustainable and profitable over the coming years. …

Copperbelt Energy Corporation (CEC) has agreed to restore power to Glencore’s Mopani Copper Mines. The deal was reached after lengthy consultation to restore full power supply to the mine from Wednesday, the president’s office said. Amos Chanda, Presidential Spokesman said details of the agreement facilitated by government will be finalised …

Copperbelt Energy Corporation Plc (CEC) has announced plans to undergo an Environmental and Social Impact Assessment (ESIA) study ahead of expanding a power supply services to Dangote power station. The development will allow extra capacity supply to Dangote power station owned by Dangote Industries Zambia which supplies power to Dangote …