London-listed coloured-gemstones mining and marketing company Gemfields, which Pallinghurst chairperson Brian Gilbertson says is doing for emeralds what did for diamonds, is now aspiring to repeat the performance in rubies. Gemfields, in which the resources fund of the JSE-listed diversified mining company Pallinghurst has a 38% holding, is rolling out …
Read More »Queensland Bauxite Buys into Mozambique Coal Licences
Australia Stock Exchange -listed Queensland Bauxite on Tuesday announced that it would buy an interest in two Mozambique coal exploration licences in the Zambezi basin, close to majors such as Vale and Rio Tinto. The junior said it had signed a binding term sheet with Australian unlisted company Regius Coal …
Read More »4th Zambia International Mining & Energy Conference & Exhibition
24-25 June 2014, Lusaka, Zambia www.ZIMECZAMBIA.com Lusaka, March 2014 – Organised by AME Trade in association with the Ministry of Mines, Energy and Water Development and the Association of Zambian Mineral Exploration Companies Zambian business environment), ZIMEC is now in its fourth edition. The 2013 edition attracted 482 participants and …
Read More »LOESCHE GmbH to supply two vertical roller mills to Tanga Cement Company Ltd in Tanzania
The order covers the full engineering and supply of two LOESCHE vertical roller mills. One LM 41.4 which will grind cement raw material at a product rate of 200 tons per hour with a fineness of 15 percent R 90 μm and one LM 19.2 D coal mill with a …
Read More »Civilstruts to buy off Collum Mine assets
CIVILSTRUTS Consortium Limited, an indigenous Zambian firm, has agreed to buy off all core mining assets of the Collum Coal Mine. According to an assumption of debt agreement signed between Civilstruts Consortium Limited and Collum Coal mining industries Limited on February 22, 2014, Civilstruts agreed to acquire 100 per cent …
Read More »CEC happy with revocation of SI 33
COPPERBELT Energy Corporation says the revocation of SI 33, which banned the use of foreign currency in local transactions, will help expedite sourcing of finances for the Kapombo Hydropower project. Copperbelt Energy Corporation managing director for operations, Owen Silavwe, said revocation of Statutory Instrument 33 would ease some of the …
Read More »MURRAY & ROBERTS CEMENTATION EMBARKS ON STRATEGIC POSITIONING INITIATIVE
Towards realising its vision to expand its footprint deeper into the African continent, Murray & Roberts Cementation has embarked on a strategic positioning exercise driven by two primary thrusts — safety and operational excellence. This initiative has seen certain structural changes being introduced to the company’s leadership, designed to ensure …
Read More »Zambia rakes in over K26 million from mining companies, cited as the one of the highest in tax collection from Sector, says ICMM report
Zambia generated over K26 million in revenue from four major mining companies with over US$70 million realized from taxes, skills training and social investments in various communities where they operate, says an independent report by an international agency. The International Council of Mining and Metals (ICMM), in its report titled; …
Read More »Set point Zambia at the Mining Copperbelt Trade EXPO and Conference
Set Point Zambia Limited, a group of seven companies that offer products and services to the mining industry will be participating in the newly introduced Mining Copperbelt Trade Expo and Conference set to take place from the 28-29 April 2014 in Kitwe. Zambia’s mining industry continues to mature with it …
Read More »IWC aims for Business opportunities in Zambia at CBM-TEC
This month, South African industry heavyweights are making their way to the heart of the Zambian mining region to be part of the Copper belt Mining Trade Expo and Conference (CBM-TEC) – Zambia’s premier networking event for international and regional companies that operate within the country’s highly-lucrative Copper belt region, …
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