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LOW copper output at its Zambian unit Konkola Copper Mines (KCM) in Chingola has cost Vedanta Resources an 8.5 per cent drop in annual copper earnings on the global market. According to the global miner’s latest preliminary market report released this weekend, KCM recorded a slump of 19.2 per cent …
Read More »MINING FIRM BLACKTHORN RESOURCES TO KICK-START KITUMBA COPPER PROJECT
THE Australian owned mining conglomerate Blackthorn Resources, this year intends to commence a Definitive Feasibility Study (DFS) on the Kitumba copper project located in Mumbwa, Central Province. Blackthorn Resources chief executive officer Mark Mitchell said in a statement that the company will fund the DFS, with focus on priority exploration …
Read More »A Mining Firm to Kick-start Kitumba Copper project
THE Australian owned mining conglomerate Blackthorn Resources, this year intends to commence a Definitive Feasibility Study (DFS) on the Kitumba copper project located in Mumbwa, Central Province. Blackthorn Resources chief executive officer Mark Mitchell said in a statement that the company will fund the DFS, with focus on priority exploration …
Read More »Kalumbila Minerals To Build New Airport In North Western Province
The coming of First Quantum Minerals Limited in the emerging ‘new Copperbelt’ of North Western ProvinceA has brought with it a ray of hope for the growth of the area, once perceived ‘docile’ and lacking development. Among other projects underway besides the existing Lumwana, Kansanshi mines, is another project underway …
Read More »New Districts Eyed by Multinational Mining Companies
Manyinga districts in North Western Province may be new to most Zambians unfamiliar with the area lying between Mufumbwe and Kabompo. The unexplored area, which was until recently not one of the many districts that have existed since Zambia’s independence in 1964, has attracted renowned mining giants including Rio Tinto …
Read More »Steel industry related app launched!
Robor is proud and excited to be the first South African steel tube and pipe manufacturer to announce the launch of an industry related “app” compatible with Android and iOS smartphones. The app (short for application) can be downloaded for free and offers users readily available information regarding the full …
Read More »Blackthorn Resources Seeks Lower Capital Costs at its Zambian Unit
Blackthorn Resources Limited, owners of Kitumba copper project in Mumbwa says it envisaged a lower than anticipated capital cost of developing the project which it seeks to develop into a full scale mine and produced over 39,000 of copper annually, the company said in its report. The minerals exploration and …
Read More »Barrick Gold Elects Zambian Economist-Cum Writer to Board
Zambian born economist-cum writer Dambisa Moyo has been elected to the Board of Barrick Gold Corporation, owners of Lumwana mine in North Western Province, the company has announced. A controversial economist who writes on macroeconomic and global matters, Moyo was recently elevated to the 11-member board as one of the …
Read More »Angola Wants Mining To Broaden Its Economic Base
Angola wants its mining sector to become one of the major contributors to the country’s Gross Domestic Product (GDP) and to be one of the most important sources of employment. So asserted Geology and Mines Minister Francisco Queiroz in his address in Luanda on Mineworkers Day, April 27 whose theme …
Read More »Gemfields Prepares for Inaugural Ruby Auction, Reports Sound Quarter
As operations ramp up at its 75%-owned Montepuez ruby deposit in Mozambique, Aim-listed Gemfields is preparing for its inaugural ruby auction in Singapore in mid-June. “Gemfields is pleased to report on another sound quarter [to March], which has seen further progress at the Montepuez ruby deposit. Bulk-sampling operations continuing to …
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