News

The National Pension Scheme Authority (NAPSA) has announced the signing of a financing agreement with Maamba Collieries Limited to invest up to $200 million in form of debt financing towards the Maamba Phase II project. The Maamba Phase II power project is estimated to cost up to $400 million, to …

A dialogue session at Wits University later this month will give some new insights into practical and strategic ways for mines to do right by communities, now and into the future. The event is arranged by the Successful Application of Technologies Centred Around People (SATCAP) programme at the Wits Mining …

The Democratic Republic of Congo (DRC) is on a mineral rush, and the recent DRC Mining Week in Lubumbashi underscored the urgency of finding sustainable solutions alongside this rapid growth. Global consulting firm SRK Consulting, with a presence at the event, highlighted the growing emphasis on responsible mining practices. “The …

Electra Mining Africa, recognized as a ‘5-in-1 Trade Show’ is set to be one of the biggest exhibitions this year. Slated for the 2nd to the 6th of September at Nasrec, Johannesburg, the event incorporates five shows – Electra Mining Africa, Automation Expo, Elenex Africa, POWERex, and Transport Expo. With over 850 companies …

Zambia is gambling on a controversial solution to its crippling power outages – a new coal-fired power plant. The green light was given by the Energy Regulation Board for a 300-megawatt facility in the south, doubling the capacity of an existing coal plant. This decision comes as the nation grapples …

Zambia, a nation long known for its copper riches, is embarking on a bold new strategy to claim a larger slice of the pie. The government recently announced plans to establish a dedicated entity for mineral investment and trading, signaling a significant shift from its current approach. This move comes …

The Copperbelt Energy Corporation (CEC) has invested seven million Kwacha in healthcare to enhance Kitwe Teaching Hospital with a new paediatric ward and ICU.   CEC handed over the refurbished Luntembwe paediatric ward and newly constructed Intensive Care Unit (ICU) at Kitwe Teaching Hospital to improve the delivery of healthcare …

The scramble for Africa’s vast copper resources took a surprising turn this week as talks between the United Arab Emirates’ (UAE) International Resources Holding (IRH) and Vedanta Resources Ltd. collapsed. The breakdown in negotiations cantered around Vedanta’s prized Konkola Copper Mines (KCM) in Zambia, a copper behemoth that has attracted …

…across agriculture, climate adaptation and digital economy sectors AFSIC – Investing in Africa aims to partner with companies to accelerate Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment. The decision is also an endeavor to sustainably grow Africa’s economy and increase African …

Johannesburg-listed Jubilee Metals has taken a significant stride towards solidifying its position as a key player in Zambia’s copper industry. The company, known for its innovative approach to metal recovery, has acquired two operational open-cast copper mines in the country. This strategic move comes as Jubilee actively pursues its integrated …