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An analysis of existing data on the supply of rubies and emeralds, according to gemstone miner Gemfields, reveals the “alarming” extent to which host-mine countries are being robbed of the true value of their coloured gemstone resources. Artisanal mining, both formal and informal, extracts the vast majority of coloured gemstones, …

The invasion of Ukraine by Russia triggered a global chain reaction of humanitarian, diplomatic, and economic crises. These aggravated the existing crises, which Covid-19 had exacerbated. The value of nickel skyrocketed as a result of these chain reactions. The price of the precious metal, which is used in the manufacture …

The oil and gas industry faced a tough year in 2021. According to The State of African Energy 2022 this was a result of a drop in global demand, which resulted in a fall in oil prices. This led to companies cutting budgets and delaying future projects. The sharp slowdown …

According to a statement released by the country’s Official Receiver on Thursday, Milingo Lungu, the provisional liquidator of Zambia’s Konkola Copper Mines (KCM), has been suspended. Zambia’s previous government, which owns 20% of KCM through state-owned mining investment firm ZCCM-IH, turned the company over to Lungu in 2019, reigniting a …

According to a statement released by the country’s Official Receiver on Thursday, Milingo Lungu, the provisional liquidator of Zambia’s Konkola Copper Mines (KCM), has been suspended. Zambia’s previous government, which owns 20% of KCM through state-owned mining investment firm ZCCM-IH, turned the company over to Lungu in 2019, reigniting a …

Jubilee Metals, an Aim and AltX-listed metals processing company, has received notice from ACAM that it will convert its remaining convertible loan notes, totalling $7.8 million (£5.89 million) in principal debt and accrued interest, into new ordinary shares. According to the company, the ACAM convertible loan note was instrumental in …

Restoring confidence in Zambia as a mining investment destination and diversification of the mining industry in Botswana and pushing for greater innovation in the sector are set to be key messages at the upcoming 2022 Investing in African Mining Indaba. The President of Botswana, Dr Mokgweetsi Eric Keabetswe Masisi, is …

GoviEx Uranium has explained that every year, more uranium is consumed than produced, and higher incentive prices are required to support new supply GoviEx Uranium is the developer of Mutanda Uranium mining project has indicated that it plans to start actual uranium mining in Zambia in the next five years. …

Kalumbila Minerals Ltd in Zambia has explained that its rebranding process is expected to be completed during the first quarter of 2023. Kalumbila has changed its trading name to ‘FQM Trident Limited’ – a name that incorporates the mining firm’s identity as a 100% First Quantum Minerals-owned company and is …

Zambia’s Central African Renewable Energy Corp. Chief Executive Mulenga Mulenga has revealed that his company is cleaning up the environment by taking out all waste and converting it into energy. The used tyres and plastic containers that litter the back streets of cities and towns in Zambia might be an …