Authorities in three of the world’s largest copper-producing countries are demanding a larger share of the windfall, according to reports released this week. While this isn’t uncommon during times of high prices, there’s also the added motivation of figuring out how to pay for pandemic recovery, as well as talk …
Read More »Siege Mining set to takeover Star Zinc project
Galileo Resources, based in the United Kingdom, has agreed to sell the Star zinc project to Siege Mining, a Zambian company. Siege Mining will pay $200,000 for the large-scale exploration license and $550,000 for an interest in the mine, according to the terms of the agreement. Galileo’s exploration data for …
Read More »Zambian emeralds take centre stage in fund-raising jewellery collection
Emeralds responsibly sourced from the Kagem mine in Lufwanyama will form the centrepiece of a new fine jewellery collection that will raise funds for the Gemfields Foundation, Gemfields’ charitable arm that supports community and conservation projects in Africa. On the heels of her 10th anniversary and the start of a …
Read More »Tata International Africa introduces a ground-breaking five-year warranty on its entire commercial vehicle range across the continent
Tata International Africa has become the first company in Africa to introduce a best-in-class standard warranty of five years on its entire Medium, Heavy and Extra Heavy Commercial Vehicle range. This first-of-its-kind Pan African five-year warranty applies to the full range of Tata Trucks and Buses as well as Daewoo …
Read More »GoviEx Uranium appoints new directors
Two new board of directors have been appointed at GoviEx Uranium, the company works towards developing its uranium prospect. The new directors are Salma Seetaroo and Eric Krafft to fill the vacancies for Matthew Lechtzier and Robert Hanson who have retired from the company’s board. As we now look forward …
Read More »GHH fills the 7 tonnes gap
The manufacturer of heavy duty mining equipment GHH has launched a remarkable LHD. It comes with the biggest bucket and the best power rating, for highest operating slope angles, in the seven tonnes payload class. All that combined in a super low emission, super compact package. The GHH team are …
Read More »SENTINEL COPPER PRODUCTION BOLSTERED JOB RETENTION IN 2020, SAYS FQM
Despite unprecedented challenges driven by COVID-19, First Quantum Minerals (FQM) achieved the highest-ever annual copper production at its Sentinel mine in Kalumbila in 2020, helping to support job retention in the process. The mine in North-Western Province recorded a 14% year-on-year increase in its annual copper production for the year, …
Read More »Mines push on as SA plays catch-up
Omnia Group company BME says South Africa needs to do more to benefit from the looming demand peak in ‘green minerals. Ralf Hennecke, General Manager, Technology and Marketing at Omnia Group company BME said mines have been very successful in containing COVID-19 infections, allowing most operations to return to almost …
Read More »Vedanta suffers a legal blow to their Konkola Copper Mines split saga
In a ruling that is set to be a blow to Vendanta Resources, a company owned by India, on Monday the Zambian court rejected a motion by miner Vedanta Resources to stop a state-appointed provisional liquidator from breaking up and selling the properties of its Konkola Copper Mines (KCM) unit. …
Read More »Decarbonisation will need more, better mining
The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …
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