News

In contrast to many of its competitors, Canadian miner First Quantum has decided to maintain its 2022 cost projection despite inflationary pressures and decreased output from its mines in Zambia. Despite second-quarter cash expenses exceeding the upper limit of the yearly guidance, the business continues to predict cash costs of …

Designed with the demands of today’s job site in mind, John Deere has introduced the new 460E-II Articulated Dump Truck (ADT). The John Deere-designed machine delivers ultimate productivity with a redesigned wider dump body, electrical and hydraulic systems, and new drive modes to help you get the job done in …

Zambia poised to take the lead in the electric vehicle revolution on the continent Zambia officially began its journey to becoming a key player in the new global electric vehicle (EV) ecosystem this week as President Hakainde Hichilema launched the Enterprise nickel mine in Kalumbila. Once up and running, First …

First Quantum Minerals (FQM), a large mining company with a TSX listing, plans to make significant investments in the expansion of its Kansanshi copper and gold mine. This shows not only the persistent demand for these two metals from international markets, but also the company’s dedication to a nation that recently welcomed a new political leadership that aims to raise Zambia’s status as a mining investment destination going forward. According to Dr. GODWIN BEENE, an expert in FQM government relations affairs, LAURA CORNISH. Zambia’s mining tax regime, amended in 2019, has seen investment from the sector dwindle and total copper production output stagnate ever since. But the introduction of new president Hakainde Hichilema (appointed into office in September 2021) could change this as he has reopened the door to working …

The deputy president of Zambia stated on Wednesday that $5 billion in Indian investment is planned for Zambia with a focus on infrastructure development, agriculture, and the health sector. Speaking to reporters in the Indian capital New Delhi on the sidelines of the ongoing Exim Bank India-Africa Growth Partnership Conclave, …

The long-running disagreement between Vedanta Resources and Zambia’s mines minister, Paul Kabuswe, has been directed to be resolved outside of court by ZCCM-IH, the state mining investment corporation, he said on Tuesday. “We must sit around the table and begin to discuss. We cannot solve these matters in court,” Kabuswe …

In response to the global commitment, including the Paris Agreement’s ambition to reduce carbon emissions and maintain global temperatures below 1.5° Celsius, the Southern African Development Community (SADC) is developing the Regional Gas Masterplan to enable the utilization of the region’s abundant gas reserves and reduce its reliance on coal. …

Instrotech is now offering Kobold’s electronic unit ZOE, specifically designed for the calculation and display of flow rates and volume flow of flowmeters. The instrument use is applicable whether users have an external power supply or need a battery-powered device, and when a back-lit display is required (or not), the …

Geographical Information System (GIS) platforms are becoming the preferred platform for visualising and analysing mining data in multiple dimensions, making the Wits Mining Institute’s (WMI) upcoming GIS course a must-attend for mining professionals. Due to the high demand of the course at international level, this year the course – GIS …

In an effort to lessen liabilities and support company growth, Konkola Copper Mines PLC (KCM) has put aside $2 million to pay off outstanding debt to small and medium suppliers and contractors. Following discussions with KCM management, KCM Provisional Liquidator Celine Nair announced the development. She claims she made the …