An Israeli-based investor, Gigawatt Global, is set to pump in 100 million United State dollars in a hybrid solar photovoltaic (PV) and wind power project in Zambia. Gigawatt Global President and Chief Executive Officer, Josef Abramowitz, disclosed in an interview on the sidelines of the Israeli/Zambia Business Forum 2023 held …
Read More »New Technologies Available to Solve Africa’s Energy Crisis
Africa Energy Indaba has been hosting riveting discussions covering the deployment of renewable energy innovations to bridge continental energy gaps. Rapid advancements related to technology have certainly rendered life easier than ever before. However, such progression is driven by energy and many regions in the world are quickly running low …
Read More »Gold prices continue to see strong volatility
By BAS KOOIJMAN* Gold prices have been seeing some volatility during the last few trading sessions as some uncertainty affected global investors’ expectations. While sentiment improved to a certain extent after the resolution of the US debt issue and as Japan saw stronger growth, other factors such as weaker economic …
Read More »US signs MoU with DRC and Zambia for Cobalt and Copper Mining and Processing for Electric Vehicle batteries
The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement in …
Read More »Zambia and UAE to build $2bn Solar Power plant
Zambia and the United Arab Emirates (UAE) signed a $2bn agreement to build solar plants in the southern African country that will increase its generation base by more than half. According to President Hakainde Hichilema, the joint venture between Zambia’s state-owned power utility, Zesco and a UAE government-owned renewable energy …
Read More »Mining’s Energy Transition Dependent on New Copper Sourcing
As the demand for copper surges amid the energy transition, mining experts expect supply deficits to emerge in coming years, in part due to lacklustre investment in exploration and construction of new copper mines. Mining company executives’ preference for safe, short-term returns has led to a massive underinvestment in new …
Read More »Wits GIS course prepares professionals for the future workforce
Geographical Information System (GIS) platforms are becoming the preferred platform for visualising and analysing mining data in multiple dimensions, making the Wits Mining Institute’s (WMI) upcoming GIS course a must-attend for mining professionals. Due to the high demand of the course at international level, this year the course – GIS …
Read More »No investor could buy KCM without our consent-Vedanta
Konkola Copper Mines (KCM) should not look for a new investor until the legal dispute with Vedanta Resources is resolved, the Indian mining company stated on Tuesday. In May 2019, the former administration in Zambia placed KCM under the control of a liquidator, starting the continuing legal battle with Vedanta …
Read More »BME highlights mining efficiency at Indaba
Getting behind the renewed enthusiasm of the upcoming Investing in African Mining Indaba in Cape Town, Omnia Group company BME will be face-to-face with the mining industry at its exhibition booth. “Everyone is looking forward to the interaction at this year’s Indaba, giving a boost to the positive momentum currently …
Read More »Fuel prices set to affect number of investors willing to invest in the mining sector
The Emeralds and Semi-Precious Stones Mining Association of Zambia-ESMAZ have stated that due to the high cost of fuel, the mining sector is expected to attract low investment this year. The increase in fuel prices, according to Association President Victor Kalesha, will reduce the number of investors willing to invest …
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