News

Metso Outotec has been awarded a contract for the delivery of advanced electrowinning equipment to a copper cathode production plant in Africa. The order value amounting to approximately EUR 11 million is booked in Minerals’ Q2/2022 orders received. Metso Outotec’s scope of delivery includes the supply of basic engineering and …

According to media reports, Zambia’s state-owned mining investment firm, Zambia Consolidated Copper Mines – Investment Holdings (ZCCM-IH), is looking for a financial adviser to help reform Mopani Copper Mines (MCM). MCM owns underground mines, a concentrator, a smelter, and a refinery at Mufulira mine site, as well as open pits, …

On Friday, President Felix Tshisekedi of the Democratic Republic of Congo arrived in Zambia’s capital, Lusaka, for an official state visit. The purpose of the visit is to improve bilateral cooperation between the two countries. President Hichilema and Hakainde Hichilema of Zambia are expected to sign a number of agreements, …

President Hakainde Hichilema said on Monday that the Zambian government is close to finding a private investor for Mopani Copper Mines in order to increase production at the mine, which is one of the country’s largest. Zambia borrowed $1.5 billion to buy Mopani from Glencore in January 2021 and has …

The Emeralds and Semi-Precious Stones Mining Association of Zambia-ESMAZ have stated that due to the high cost of fuel, the mining sector is expected to attract low investment this year. The increase in fuel prices, according to Association President Victor Kalesha, will reduce the number of investors willing to invest …

The President of South Africa, President Cyril Ramaphosa, is confirmed to attend 2022 Investing in African Mining Indaba, taking place in Cape Town from 9 – 12 May 2022. The President will deliver a Keynote Address on Tuesday, 10 May. The President’s attendance, along with Minister of Mineral Resources and …

Zambia’s Minister of Energy, Hon. Eng. Peter Chibwe Kampala, has revealed that he is set to headline the 4th edition of the Namibia International Energy Conference (NIEC2022). NIEC2022 is set to be held from the 20th to the 21st of April 2022 in Windhoek, Namibia. The two-day meeting place for …

According to a Ministry of Mines source, once the international price of the commodity rises, the elevated amounts of Uranium collected from ore at the Lumwana mine could begin to be processed. In an interview, a source stated the mine contains elevated quantities of uranium, which is now resting on …

Moxico Resources (IPO-MOXI.L), a British company, proposes to invest $100 million in Zambia’s Mimbula copper mine, according to UK Minister for Africa Vicky Ford. Ford stated in a statement released by the British High Commission in Zambia while on a visit to the country that the investment will result in …

Castillo Copper, a base metal explorer with stock exchange listings in London and Sydney, has uncovered multiple copper-potential drill-testing targets at its Mkushi project in Zambia, the continent’s second-largest copper producer. Castillo claimed in a statement to Mining Weekly on Tuesday that the next phase in developing Mkushi, one of …