International News

High-speed Zambia-Mozambique rail on the cards

A US-based company, Railnet International, is proposing to Fund an $11 billion medium speed rail line between Zambia, Zimbabwe and Mozambique. Railnet CEO, Donald Kress, said the company was in talks with governments in the three countries and had, on 21 March, signed an agreement to start feasibility studies in …

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Gemfields Group demonstrate ethos of transparency and legitimacy

The move by Gemfields Group Limited to list its shares on the AIM market of the London Stock Exchange demonstrates the company’s ethos of transparency, legitimacy and integrity. Gemfields owns the Kagem emerald mine in Lufwanyama in partnership with the Zambian government. The listing enables a wider reach of international …

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IIA Technologies infringed element six synthetic diamond rights

Singapore courts have ruled that IIa Technologies have infringed an Element Six patent for proprietary synthetic diamond products and their method of manufacture. The patent relates to the production of material which is desirable both for use in laboratory-grown diamond jewellery, and in optical applications such as infrared spectroscopy and …

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UK-AFRICA SUMMIT: Britain makes a small first step towards green technology

Climate campaigners have described the announcement by the British government to suspend financial support for thermal coal as a “small first step.” The British Prime Minister, Boris Johnson announced at the inaugural UK-Africa summit that the government will suspend financial support for thermal coal as part of efforts to present …

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Revitalizing economic ties top of agenda at the UK-Africa summit

African Development Bank President Akinwumi  Adesina is expected in London for the UK-Africa Summit, an investment summit aimed at forging new partnerships under the theme: ‘Partners for prosperity.’ The summit is being convened by Prime Minister Boris Johnson and kicks off on January 20th . According to a statement, a …

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Canada’s First Quantum weighs $1bn Zambian copper mine expansion

Canadian miner First Quantum Minerals is weighing an investment of around $1-billion to lift output at Africa’s biggest copper mine in Zambia, a company document seen by Reuters showed. The investment would add a decade of life and head off production declines at the Kansanshi copper mine, increasing annual production …

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Kagem host another triumphant auction

Kagem Mining recently hosted a successful auction of emeralds from Lufwanyama Mine, this week. The 34th auction since UK-based Gemfields acquired 75 percent of Kagem in July 2008 was held under the watchful eye of Ministries of Finance and Mines and Minerals Development. While the sale of high quality gemstones …

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Empire Cat donates truck for raffle

Empire CAT of Phoenix, AZ, has donated a 2020 GMC Sierra 2500 SLT Diesel truck valued at $70,000 as the grand prize for the Society for Mining, Metallurgy & Exploration Foundation (SMEF)  Benefit Truck Raffle. The proceeds are to support critical education, outreach and professional development programs for SMEF. “Empire …

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Terex Trucks focuses on Benelux growth

With the economy and the construction sector set to grow at a steady speed in Belgium, the Netherlands and Luxembourg over the next few years, Terex Trucks is expanding its operations and bringing its TA300 and TA400 articulated haulers to even more customers throughout the region. The Benelux region is …

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Russia Digitalises Africa’s Mining Sector to Increase Output

Russian companies have offered African countries solutions based on the internet of things (IoT) and artificial intelligence (AI) to boost mining production. The offers follow the realisation that traditional means are becoming increasingly expensive, with productivity falling due to technical maintenance costs, unreliable equipment, reactive troubleshooting, a lower equipment utilisation …

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