Organisers of the continent’s biggest mining jamboree – African Mining Indaba have announced postponement of the event, slated for early next year. Simon Ford, Portfolio Director at Investing in African Mining Indaba the decision has been propelled by the on-going COVID-19 pandemic. “We are sorry to announce the 2021 edition …
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According to the industry lobby group of copper miners in Zambia, 2 billion dollars of proposed investments have been halted because the royalty tax imposed last year rendered the projects unworkable. The proposal of First Quantum Minerals Ltd. to spend $1 billion to prolong the life of its Kansanshi operation …
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Condition monitoring specialists, WearCheck, recently invested several million Rand in four brand new laboratory instruments for their flourishing transformer division laboratories in Johannesburg, Durban and Cape Town. WearCheck managing director Neil Robinson says the company’s investment in the equipment has relieved some of the current sample volume pressure and reduced …
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A case has been filed in a Johannesburg court on Wednesday by 13 plaintiffs on behalf of an estimated 100,000 people, according to law firms Leigh Day and Mbuyisa Moleele. The firms plan to apply for a class action suit. They are demanding compensation and a clean-up of the area. …
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A new mobile TIP-TITE® Drum Tipper with safety cage allows hands-free, automated dumping of bulk solid materials from 115 to 200 litre drums throughout the plant, with no dusting or danger associated with sudden shifting of contents. The three-sided carbon steel cage with safety interlocked doors is mounted on a …
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Rock-related accidents have reduced significantly in recent decades, due in large part to incremental improvements in rock engineering practice. According to William Joughin, chairman of SRK Consulting and himself a leading rock engineering expert, the company’s contribution in this field has included assisting mines with reviews of safety practices, as …
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The Attorney General office has been sued for failing to ensure that the Supreme Court Judgments regarding Kalengwa mine are implemented. It is believed that the failure of the office of the AG has resulted in the perpetuation of fraudulent activities which have been going on at the mine despite …
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The UNCTAD data evaluation tool was developed as part of its Automated System for Customs (ASYCUDA), which helps developing countries modernise customs clearance processes. The new system, The Mineral Output Statistical Evaluation System (Moses), is already helping Zambia track mining revenue. Moses, developed by the Zambia Revenue Authority and the …
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The spotlight is set to be on Environmental, Social, and Corporate Governance (ESG) at the Africa Mining Forum which is set to kick off from the 16-20 November 2020. A testament to this notion is the fact that the organisers of the event have also announced a unique digital ESG …
Read More »The Zambia Chamber of Mines has urged Zambia to treat mineral royalty payments as a deductible expense to avoid double taxation and attract investment. Since 2019, mineral royalty payments have not been treated as a deductible expense when calculating corporate income tax and that provision was kept unchanged in the …
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