News

On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …

Chilanga Cement’s Chief Executive Officer Jianping Chai said the company will continue to focus on market development both locally and within the SADC region. Chilanga Cement (formerly Lafarge Zambia) has successfully held its 30th Annual General Meeting (AGM) on the 29th March 2022 via Zoom chaired by Chilanga Cement board …

Zambia has explained that it moves to reduce speculative activity and encourage investment in the mining sector by putting a cap on the number of mining licences issued to single firms. Africa’s second-largest copper producer, has announced plans to limit the number of mining licenses a company can hold at …

CEO Mark Bristow of Barrick Gold Corp., the world’s second-largest gold producer, sees an opportunity to expand its copper production in central Africa, particularly now that a pro-business government has taken power in Zambia. Lumwana, a copper mine in northwestern Zambia, is already owned by the company. It considered selling …

Delivering energy savings of up to 60% and an increase in Free Air Delivery (FAD) of up to 21%, (compared to fixed-speed models), Atlas Copco’s the new GA 22 – 37 VSDs (Variable Speed Drive) air compressor range is in an efficiency class of its own. Along with its ultra-efficiency, …

SKF recently secured an order for 600 MUDBLOCK cassette seals after these reliable products delivered excellent results during a punishing underground mining field test over a three-month period. SKF was asked by a long-standing customer, who is a leading supplier of braking systems for off-highway, industrial and underground mining equipment …

“When it comes to ‘safety always’ behaviour, Epiroc’s values are clear – we want to protect what we value most, our people,” says Johnny de Mesquita, Epiroc Regional SHEQ Manager for Southern Africa. “The health and safety of all our employees, our customers and our business partners remain paramount. Our …

The condition monitoring sector is one which is constantly evolving and developing to incorporate innovation and boost efficiency. It is for this reason that ongoing training is essential to keep the maintenance crew at the forefront of technological advancements within the industry. WearCheck’s technical manager, Steven Lumley, who oversees the …

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 …