News

Stanbic Bank has geared up to join forces with mining companies to develop the full potential of the country’s extractive industry. The bank made the promise at its annual Economic and Mining Roadshow in the North-Western and Copperbelt provinces. According to the bank, the engagement brought together various players from …

Zambia’s growing has triggered an increase in demand for resources such as energy, CEC has announced. Silvester Hibajene, CEC’s Head of Government and Investor Relations said that Southern Africa would require at least 65,000MW of available installed power generation capacity by 2022 to power industry. He further said with an …

Cradle Arc has entered into an option agreement to sell its Matala and Dunrobin gold assets to Singa Holdings Zambia. Through its subsidiary Luiri Gold Mines, Cradle Arc has granted Singa an exclusive option to initially form a joint venture for the operation of the Matala and Dunrobin gold assets. …

Zambia’s premier Copperbelt agricultural, mining and industrial trade expo – CAMINEX slated for June will showcase the latest – products, machinery, technologies and services. CAMINEX supported by government and industry associations is considered an important trade platform, “It attracts thousands of industry professionals keen to come together in one location …

AngloGold has announced parting ways with Srinivasan Venkatakrishnan, as he steps down from the company’s chief executive officer position. Venkatakrishnan will take up a position at the helm of diversified miner Vedanta Resources, as the new chief executive officer. “The board will search for a candidate with the requisite experience …

QUESTION: Zambia has for a long time sought to substantially grow its manufacturing industry. What role can nuclear science play in helping to develop this sector? ANSWER: Global experience has demonstrated that the development of nuclear technology has contributed to substantial technical progress in numerous social and economic fields. The …

ASX-listed Argonaut Resources has announced preliminary details of potential copper and cobalt production at the Nyungu copper-cobalt deposit in North-western Zambia. The Nyungu copper-cobalt deposit is part of the Lumwana West project, located 65 km south of the DRC border in North-western Zambia. Cobalt deposit Existing drilling by Argonaut has …

Global player in the crane industry Demag has developed a new Double V-Girder crane which is capable of a 50T lifting capacity – four times that of the Single Girder. According to the company, the double-girder overhead travelling cranes offer exceptional load capacity for a low deadweight. In addition the …

New minister of Mines and Minerals has reinstated Jubilee Metals Group’s mining licence for the Kabwe project. In a previous announcement project operator, BMR Group reported that they received a letter from the Mining Cadastre Department of Zambia. Government had terminated the mining right of the Kabwe operation in February …

Polypipe, the UK’s largest and most innovative manufacturer of plastic piping systems has urged miners to have thorough pipe-work infrastructure in place to drive sustainability forward and preserve the environment. This comes at the backdrop that by 2030, water demand is expected to exceed supply in Africa by 17 percent, …