News

President Hakainde Hichilema of Zambia has urged African countries to “properly, strategically, and cleverly” exploit their natural resources. On Monday, he delivered the opening keynote address at the African Mining Indaba 2022 conference in Cape Town. “This calls for deliberate efforts on the part of us, the African leaders, to …

Renewed confidence in Zambia’s investment climate has prompted the nation’s largest copper miner to unveil a trailblazing US$1.35 billion package of new projects. First Quantum Minerals this week approved plans to invest US$1.25 billion in its long-awaited expansion of Kansanshi’s operations in Solwezi – known as the ‘S3’ project – …

Zambian President Hakainde Hichilema claims that conflict in countries is impeding mining development. Hichilema, who has been in office for less than a year, has cited corruption and a lack of stability as factors stifling business relations in some countries. He claims that his country is open for business and …

Getting behind the renewed enthusiasm of the upcoming Investing in African Mining Indaba in Cape Town, Omnia Group company BME will be face-to-face with the mining industry at its exhibition booth. “Everyone is looking forward to the interaction at this year’s Indaba, giving a boost to the positive momentum currently …

For the first time in its history, drives and automation specialist, SEW-EURODRIVE will be exhibiting at the Mining Indaba at the Cape Town International Conference Centre next week. On its return to the CTICC, the Mining Indaba is looking forward to a reunion like no other and SEW-EURODRIVE is proud …

Vedanta Resources, a mining behemoth, is one of the key participants in the upcoming African Mining Indaba. The African Mining Indaba is an annual gathering of visionaries and innovators from across the mining industry’s value chain. Vedanta Zambia Corporate Communications Director Masuzyo Ndhlovu says the company is also a proud …

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 …