News

The previous administration’s effort to liquidate Vedanta’s Konkola Copper Mining (KCM) business, which caused years of bickering between the firm and the government, was criticized by Zambia’s mines minister Paul Kabuswe on Monday. Since May 2019, when Zambia, which owns 20% of KCM through state mining investment firm ZCCM-IH, transferred …

2020 was a remarkable year for the global mining industry. The impact of the covid-19 pandemic was felt early and hard by the global mining industry through shutdowns of mines, ports and rail and other transportation infrastructure, with shipments stranded at sea or caught in port and with inconsistent restrictions …

Robert Kamanga, the deputy Chief Executive Officer of China Non-Ferrous Metal Business (CNMCLuanshya )’s Copper Mines ( LCM), said his company is considering shutting down mine operations at its Baluba shaft in 2022. Mr Kamanga claims that the LCM has exhausted all copper reserves at the mine, prompting the decision …

GEMFIELDS made a taxed profit of $23.8 million in the six months ended June, compared to a loss of $56.7 million in the prior fiscal year’s six months. Due to the emergence of the Covid-19 pandemic and the subsequent suspension of gem auctions for the year, the company’s losses were …

Zambian government will preserve the mining sector’s stability and predictability, assuaging concerns over royalty increases, this is according to the newly appointed mines minister. Paul Kabuswe also stated that the government must combat corruption in the mining sector, which is Zambia’s economic engine. “We may not do everything in the …

Flexicon have introduced a new line of anti-slip access platforms to reach elevated process equipment safely, eliminating the need for ladders, scissor lifts and forklift cages. The modular system includes braced frames which can be bolted to the floor, 1220 mm square deck sections, and stairways with elevations up to …

Pix4D, the market leader in photogrammetry solutions, is attending the Intergeo 2021 conference to share its latest news and technological developments. This includes live demos of its terrestrial data collection hardware and software solution of PIX4Dcatch and the viDoc RTK rover for iPhone Pro and iPad Pro, as well as …

MHS Plant & Equipment offers a unique global disposal and procurement service for major mining houses Disruptions in global supply chains due to the ongoing Covid-19 pandemic has resulted in a shortage of large mining equipment being produced by major Original Equipment Manufacturers (OEMs). “For example, the lead time on …

First Quantum Mining and Operations Limited has revealed that its employees at Kansanshi Mine embarked on a strike. The company said this through a press statement. “Last evening (Thursday) a small number of First Quantum Mining and Operations Limited (FQMO) Mining Division employees took illegal strike action at the Kansanshi …

Alinani Precious Metals (APM), a Zambian company, has revealed intentions to establish a Sh1 billion gold processing plant on Nairobi’s Mombasa Road, aimed at artisanal miners. The gold refinery project, which will begin building in early September, will allow miners to derive value from their mineral resources rather than only …