News

Ownership and management of Konkola Copper Mines (KCM) has been returned to Vedanta Resources, a historic decision by the government. KCM, the country’s largest integrated copper producer, has reserves and resources of 16 million tonnes of contained copper. According to Vedanta, KMC has a copper grade of 2.3 percent which …

CEC has announced that the company’s blueprint should deliver steady growth for the business over the coming years. Owen Silavwe, CEC Managing Director said government efforts to create a private sector-lead economy supports the company’s effective and efficient execution of its strategy. “The Group is in a much better position …

First Quantum Minerals, the Canadian mining giant, faces a critical crossroads as reports surface of potential negotiations to sell a portion of its stake in its Zambian copper mines to Jiangxi Copper Corporation, a state-owned Chinese enterprise. This move, if confirmed, could reshape the landscape of Zambia’s vital copper industry …

As part of its 2023 Preliminary Production and 2024-2026 guidance issued on Monday, First Quantum Minerals Ltd has reiterated its commitment to delivering the ‘S3 Expansion’ project at the Kansanshi mine, near Solwezi, North-Western Province. The announcement was made as part of a stock market announcement guiding recent and future …

The world’s yearning for clean energy could find its answer in a surprising alliance: a minerals “Super Region” uniting Africa, the Middle East, and South Asia. This bold vision, championed by Wood Mackenzie, proposes pooling the vast mineral resources of these regions – home to critical elements for renewable technologies …

Specialist condition monitoring company, WearCheck, is showcasing its range of mining-related predictive maintenance techniques, products and services at the 2024 Investing in Africa Mining Indaba in Cape Town’s ICC from 5-8 February 2024. Technical manager, Steven Lumley, and a team of technical experts from WearCheck will be on hand to …

Get ready for a seismic shift in African mining, as Mining Indaba 2024 prepares to rock Cape Town, South Africa, from February 5th to 8th. This year’s conference, aptly themed “Embracing the Power of Positive Disruption: A Bold New Future for African Mining,” promises to rewrite the script for the …

Mining Indaba is the pinnacle event for promoting long-term investment in African mining. Attracting a broad and prominent speaker lineup, including industry professionals, policymakers, and stakeholders from around the country and beyond to promote economic growth and foster positive changes in the mining industry. The 2024 conference aims to celebrate …

Analysts believe that the Mopani deal could compromise Zambia’s drive for debt sustainability required as part of any support from the International Monetary Fund. They said this amid reports that the International Monetary Fund is looking into Zambia’s deal with Glencore, Mopani’s majority stakeholder. Zambia became Africa’s first pandemic-era sovereign …

The latest Zambia Extractive Industry Transparency Initiative (ZEITI) report has indicated that First Quantum Minerals (FQM) contributed the majority of government revenue generated from the extractive sector in 2019. According to the report, the mining giant’s two subsidiaries – Kansanshi Mining Plc and Kalumbila Minerals Ltd, contributed K5.7 billion and …