News

Africa’s long-held dream of hosting its first cobalt refinery appears within reach, as the Nigeria-based Africa Finance Corporation (AFC) signed a memorandum of understanding (MoU) with Kobaloni Energy last week. This agreement provides a potential $100 million lifeline for the construction of a cobalt sulphate refinery in Zambia, potentially revolutionizing …

Vedanta Resources has commenced funding to Konkola Copper Mines (KCM) and has disbursed its first $25 million for employee salaries, contract labour as well as for other critical services needed to maintain the integrity of the asset. The company has deployed a technical team at KCM to work together with …

Securing a stable and efficient national power grid is paramount to achieving Zambia’s ambitious target of 3 million tonnes annual copper production, according to First Quantum Minerals (FQM), the country’s largest copper producer. “Ahead of new mine production, ensuring sufficient and reliable power, efficiently transmitted through the national grid, cannot …

Vedanta Resources has commenced funding to Konkola Copper Mines (KCM) and has disbursed its first $25 million for employee salaries, contract labour as well as for other critical services needed to maintain the integrity of the asset. The company has deployed a technical team at KCM to work together with …

SRK Consulting has appointed partner and principal geologist (geotechnical) Robert Armstrong as a director in its South African Consulting Practice. Armstrong has been with the company since 2001, when he joined as a student geologist. He has been involved in geotechnical projects throughout Africa, as well as in countries includingArgentina, …

Cape Town, South Africa -The winds of change are blowing through Zambia’s mining sector. President Hakainde Hichilema, elected in 2021 on a platform of economic revival, is setting his sights on a bigger prize: securing larger equity stakes for the state in new mining projects. This move, announced at the …

The mining and metals sector stands at a crossroads, navigating a complex storm of global uncertainty, supply chain disruptions, and the ever-present pressure to meet ESG demands. But amidst the turbulence, a new report from Deloitte, “Tracking the trends 2024,” offers a beacon of hope. Highlighting ten key trends shaping …

In a groundbreaking discussion at the Mining Indaba in Cape Town, Stratek Global’s Chairman Kelvin Kemm, asserted that South Africa is poised to become a nuclear reactor exporting nation. Highlighting the country’s status as the first to develop a commercial Small Modular Reactor (SMR), Kemm unveiled the HTMR-100, positioning South …

The Africa Centre of the Atlantic Council is embarking on an innovative three-year programme dedicated to critical minerals in Africa. With Africa housing 30% of the world’s critical-mineral reserves, the continent assumes a pivotal role in twenty-first-century supply chains, especially for electric vehicles, lithium batteries, cellphones, medical scanners, and military …

A prominent player in metals processing across Africa, Jubilee, has shared the latest developments in its copper operations in Zambia. The company is strategically pursuing a significant expansion to achieve an initial target of 25,000 tonnes of copper per annum. This expansion encompasses both augmenting Jubilee’s copper resource base and …