News

Caterpillar enhance mining equipment simulators’ sustainability

Caterpillar customers will now enjoy the latest simulator-based equipment training solutions courtesy of a new deal with ThoroughTec Simulation. The development comes after a global cooperation agreement to help improve safety, boost productivity, increase machine availability and create more sustainable mining operations. Under the agreement, Caterpillar Mining will recommend ThoroughTec …

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Mining Platform applauds Power projects making a difference Africa

According to the latest edition of Mining Elites in Africa, mines on the continent are beginning to adopt hybrid power plants. The power projects at two gold mines in Mali and at Ivanhoe’s Kamoa-Kakula copper production in the DRC were chosen in the annual publication as stand-out examples of making …

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Non-destructive testing (NDT) now offered by WearCheck

Advanced field services, transformer chemistry testing, reliability solutions – these are some of the extra services offered by condition monitoring specialists, WearCheck, in addition to traditional used oil analysis following recent expansion. The company’s advanced field services (AFS) division incorporates specialist monitoring techniques such as rope testing, technical compliance and …

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CEC terminates contract with KCM

CEC has issued a warning to shareholders that its power supply agreement with Konkola Copper Mines (KCM) had come to an end. According to the company, the contractual lapse removes any contractual obligations for CEC to continue supplying electricity to KCM. The  development comes after KCM had accumulated a debt …

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Victims of mining pollution will soon receive compensation from Vedanta

The Vedanta mining company and its Zambian subsidiary, Konkola Copper Mines, accept all the charges brought against them by local people. Thousands of Zambians filed a lawsuit in 2015 against Vedanta in the UK, claiming responsibility for the contamination of soil and water around its Nchanga copper mine in the …

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Glencore ends copper mining in Zambia with sale of stake in Mopani

Glencore announced that its subsidiary, Carlisa Investments Corp. (Carlisa), which holds 81.2% of the shares in Glencore, has entered into an agreement with ZCCM Investments Holding plc (ZCCM) to transfer its 90% interest in Mopani Copper Mines plc (Mopani) to ZCCM, which is the owner of the remaining 10% interest …

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Zambia in drive to dismantle outstanding refunds, pays 67% of VAT refunds to mining firms

Last year, Zambia paid a value-added tax refund of 8.5 billion kwacha ($400 million) to mining firms, the head of the tax authority said recently. After it defaulted on a $42.5 million coupon in November, Zambia, Africa’s second-largest copper producer, is negotiating with creditors to try to get debt relief. …

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Mining set to benefit from Continental Free Trade Area

Namibian political scientist and international relations specialist Dr Ndumba Kamwanyah says the recently consummated African Continental Free Trade Area (AfCFTA) would require more than just the signatures of the continent’s 55 political leaders to operate. While the operationalization of the AfCFTA was a historical moment for Africa, Dr Kamwanyah said …

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ZAMBIA issues warning to mining investors

Zambian President Edgar Lungu has hit out at ‘mining investors who cry foul’ whenever Zambia sought to increase its share of its natural wealth. He said the country would take a major stake in some mines as he unveiled an economic recovery plan for the debt-burdened country. “We must assume …

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FQM spends US$720,000 on Kisasa community

First Quantum Minerals has handed over two commercial boreholes worth US$720,000 to Kisasa community, as part of on-going commitment to bring fresh clean water to local communities in Kalumbila District of North-Western Province. The boreholes are 130 meters deep with two 32,000 litre, 15-metre high storage tanks, connected to a …

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