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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »World’s leading mining company begin exploration at its Solwezi project in Zambia
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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