By: Kweku Frempong, Head of Sales for Aggreko Africa In South Africa, the mining sector uses around one-third of the local power supply, Asia represents most of the world’s industrial sector growth with energy consumption increases of around 1.7% a year. In the Middle East, mining is forming part of the …
Read More »Mwembeshi Resources stops activities in the Lower Zambezi National Park
Zambia’s government recently ordered mining company Mwembeshi Resources Ltd to immediately halt all activities on the $494 million copper project it is developing in the Lower Zambezi National Park. Collins Nzovu, the minister of green economy and environment, said the company had violated a number of environmental conditions pertaining to …
Read More »Kagem, Gemfields donate to Kapila Primary School
The charitable arm of Kagem, Gemfields Foundation has handed over a newly constructed block with three classrooms and a fully equipped solar powered computer lab to Lufwanyama’s Kapila Primary School to enhance the quality of education in the area. Completed at a cost of approximately ZMW 6.9 million (USD 316,000), …
Read More »Barrick to increase Lumwana mine’s annual production to an estimated 240 000 t of copper
By: Nkosilathi Mudiyu Barrick is investing almost US$2 billion in an expansion project designed to increase the Lumwana mine’s annual production to an estimated 240 000 t of copper, from a 50 million tpy process plant over a 36-year life of mine, elevating this once-unprofitable operation into the front-rank of …
Read More »Commonwealth action group launched to help African countries cut methane emissions
By: NKOSILATHI MUDIYI A new action group intends to help Commonwealth countries, including African member states, rapidly cut emissions of the potent greenhouse gas methane as part of wider efforts to keep rising global temperatures within liveable limits. The country-led coalition was announced at a ministerial event on the margins …
Read More »IMF approves US$187 million disbursement
… to entrench macroeconomic stability The International Monetary Fund (IMF) recently completed the country’s second review of the 38-month extended credit facility (ECF) arrangement. According to IMF, the completion of the second review of the ECF arrangement allows for an immediate disbursement of SDR 139.88 million (about US$187 million), bringing …
Read More »Kansanshi joins efforts to reduce plastic pollution
With the production and consumption of plastics having skyrocketed over the past few decades, FQM’s Kansanshi Mining PLC has joined the call to action in enhancing efforts to reduce plastic pollution and seek sustainable alternatives. However, transitioning to more sustainable practices, such as recycling and adopting alternative materials, can lead …
Read More »Caterpillar develops first battery electric prototype
Caterpillar Inc. has successfully demonstrated its first battery electric prototype for an underground mining truck. According to the company, the development is added to the company’s growing portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company’s proving …
Read More »Technology to drive oil, gas industry methane emission targets
The launch at COP28 of the landmark Oil and Gas Decarbonization Charter (OGDC), a global industry Charter dedicated to speeding up climate action and achieving high-scale impact across the oil and gas sectors, firmly put the spotlight on the millions of tons of methane (CH4) pumped into the atmosphere during …
Read More »AfDB reiterates warning on carbon border tax
The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …
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