News

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 …

KSB Pumps and Valves is intensifying its focus on aftermarket services that add value to customer operations far beyond the supply and maintenance of its own products. According to the company plans are to extend its services and engineering expertise to include maintenance of entire systems, reverse engineering of rotating …

Botswana’s mining industry is set to benefit from the continuing uncertainty around the Mining Charter in South Africa, local asset management firm Kgori Capital said. Tshegofatso Tlhong, Portfolio Manager at Kgori Capital said South Africa’s Mining Charter is curtailing investment for the country and could catapult mining in Botswana. “International …

Two major African mining economies’ presidents addressed the Investing in African Mining Indaba in South Africa, this year. South African President Cyril Ramaphosa and Nana Akufo-Addo of Ghana shared their thoughts with audience of government representatives, investors, mining companies, the media, NGOs and others. “This Indaba offers us a valuable …

Export of finished products can offer significant cover for the country’s economy against falling copper prices, Stanbic Bank has said. Leina Gabaraane, Stanbic Bank Chief Executive Officer said there is need to invest in value addition in the mining sector to minimise the impact of changes in the prices of …

As part of its corporate social responsibility Copperbelt Energy Corporation (CEC) recently handed over text books to the Mwangala Mwenda Foundation prior to the start of the 2019 year. According to the company, the books are just some of the essential supplies the Foundation requires for the school year to …

Government has plans to forge ahead with implementation of the five percent copper import duty. Richard Musukwa, mining minister said new taxes were ‘well-thought-out and logically calculated with the inputs of stakeholders, even the mining companies’ at the sidelines of the 2019 Mining Indaba. The Mines Minister emphasized that Zambia …

GlobalData’s latest report has forecast that between 2019 and 2022, global zinc supply is expected to grow at a compound annual growth rate (CAGR) of 3.8 percent, to 15.7Mt  in 2022. Simultaneously, the gap between demand and supply is expected to narrow and eventually the market will move into a …

The Fortune 150 listed company, Cummins Inc. is celebrating its 100th year as a company throughout 2019. With employees over 60 000 worldwide and serves customers in nearly every country across the globe, Cummins products range from diesel and natural gas engines to hybrid and electric platforms, as well as …

As part of efforts to signal its commitment to back the mining sector, Stanbic bank is sending a high profile delegation to the upcoming Mining Indaba. “Mining matters to the people of Zambia. It is the country’s largest exporter, its largest taxpayer and largest private sector employer,” said Leina Gabaraane, …