News

Gemfields lifts FY output

Aim-listed Gemfields’ 75%-owned Kagem emerald mine, in Zambia, delivered 8.1-million carats of emerald and beryl in the quarter ended June 30, lifting output for the full 2015 financial year to 30.1-million carats of emerald and beryl. This was comparable with the 6.2-million carats of emeral and beryl produced in the fourth …

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Zesco restores power at Sentinel mine

LUSAKA – Zambian power utility Zesco has restored full power to First Quantum Sentinel mine, the Canada-based company said on Thursday. “Sentinel Mine has been given unlimited power, more than previously used to run the plant,” the company said in a statement. Energy minister Christopher Yaluma on Wednesday directed Zesco …

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Mining firms agree to cut power use

LUSAKA – Mining companies operating in Zambia’s copper belt have agreed to reduce power usage by between 10% and 15% to ease pressure on the national grid, the chamber of mines said on Wednesday.Zambian power utility Zesco Ltd is limiting the power it supplies to customers, including Copperbelt Energy Corp (CEC) …

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Tanzanian mining firm prepares for battery grade graphite production

Kibaran Resources has completed a Scoping Study for a battery grade manufacturing facility that highlights robust economics and a compelling development case in Tanzania. This follows the company completing in July a Bankable Feasibility Study confirming the viability of a conventional open cut mine and conventional flotation processing plant at …

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MUZ calls for probe into fatal Mopani mine accident

Whatever happened on that fateful night when four miners died in an underground accident at Mopani must be made known, says ZCTU president Nkole Chishimba.   And mines minister Christopher Yaluma says the death of the miners spoke volumes of the fact that a lot still needed to be done …

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3000 KCM jobs on the line as the mine suspends operations at the Nchanga underground unit

KONKOLA Copper Mine Plc has written to its workers at Nchanga, informing them that the Chingola-based underground mine will be put on care and maintenance with immediate effect. According to a letter addressed to the employees, KCM stated as follows: “This information must be communicated to all staff by Friday …

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Mopani mine accident rescuers retrieve machine, no bodies

RESCUE workers at Mopani South Ore Body have retrieved the machine  that was being used by the four miners who died underground last week. The search for the bodies of the affected miners still continues, although some body parts were found last week. Copperbelt minister Mwenya Musenge said yesterday that …

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South African power utility Eskom says open to coal imports for new power stations

South African power utility Eskom is open to importing coal for plants it still plans to commission, a coal conference heard on Tuesday. Willem Theron, business development manager of Eskom’s southern Africa transmission group, said the state-run utility planned to install an additional 6 250 MW of coal-based power after …

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Zambia power reductions imposed: First Quantum cuts back at Kansanshi

On Saturday, 25 July, Zambia power reductions were initiated and electricity supply to First Quantum Minerals’ Kansanshi operation, including the smelter was reduced to 117 MW from the steady-state level of 153 MW. This is following the company’s notice receipt three days prior from ZESCO, Zambia’s state-run power company, of the declaration of Force Majeure for …

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Zambia power cuts feed copper supply worries, lift prices

Zambia power cuts feed copper supply worries, lift pricesPower restrictions could hit output at First Quantum’s Kansanshi mine. (Image courtesy of First Quantum)Copper prices were on their way up Tuesday, after touching a six-year low the day before, as Zambian power utility Zesco Ltd announced power supply cuts that will …

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