News

Zambia’s president provides assurances to mining investors

Zambia’s president, Edgar Lungu, promised mining investors on Thursday that his country would create a more streamlined tax administration system to make it easier for them to do business. Zambia’s mining tax regime has been a thorny problem since the privatization of mines in the early 1990s, said Edgar Lungu …

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WearCheck helps companies comply with technical safety requirements

WearCheck’s advanced field services (AFS) division offers a wide range of specialist monitoring techniques which include rope testing, technical compliance (TC) and non-destructive testing. Here, some of the different TC techniques are discussed. According to Johan Stols, WearCheck’s TC manager, the ultimate goal of the TC division is to ensure …

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Zambia’s irrational bet on copper can end up working in China’s favour after the country defaults

Zambia, a country once thought to be one of the most investment-friendly in the region, is now one of the most extreme examples of a surge of authoritarian governments in mining-dependent countries that are struggling to pay their bills after borrowing for infrastructure in recent years. The landlocked nation in …

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Mine safe key to higher copper production

Comprehensive skills development can help boost workforce productivity while minimising accidents. Strong safety guidelines and training at mines across the country must be implemented with the seriousness they deserve to avoid workplace accidents, says First Quantum Minerals Government Relations Specialist Dr Godwin Beene. Speaking ahead of World Day for Safety …

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Covid-19 deals a blow to Zambia-Zimbabwe border hydro project

Because of the coronavirus pandemic, the developers of a $4 billion hydropower plant on the Zambia-Zimbabwe border have postponed the project until next year. Pre-construction work on the Batoka Gorge project has been halted for several months, and funding is still being secured, according to Zambezi River Authority spokesman Fitzgerald …

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Digitalization, an essential part of the X-Energy Solution

Automation and digitalization of processes have the potential to improve safety, efficiency, and environmental impact in all mining operations. In an industry where data is being generated daily through digitized processes, Data Science methods are becoming instrumental to enhance decision making and guide the sustainability of the operations. “The Data …

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FQM reveals innovation culture behind its success

Fluctuating commodity prices, unstable taxes and the outbreak of COVID-19 have been the significant challenges faced by the mining sector. Despite the many obstacles, First Quantum Minerals (FQM) has managed to remain viable and increase production. However part of what has helped sustain the mine through the hardships is its …

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Mining and Energy event to celebrate its 10th Anniversary virtually

The Zambia International Mining & Energy Conference & Exhibition, which has been Zambia’s leading mining and energy meeting for the past decade, will commemorate its tenth anniversary with a virtual version on the 4th and 5th of May, 2021. The organizers of ZIMEC 2021, namely the Ministry of Mines and …

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The International Monetary Fund says it will keep talking to Zambia

After skipping a coupon payment on a dollar bond in November, Zambia became Africa’s first pandemic-era sovereign default. However, the International Monetary Fund (IMF) said that progress had been made in three weeks of talks on a Zambian program, and that talks would continue, despite several obstacles. “Significant progress has …

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