News

Condition monitoring specialists, WearCheck, recently relocated their head office and main laboratory from Pinetown to Westville, just outside Durban. The company’s Durban transformer laboratory also moved to the same premises. WearCheck’s new laboratory and offices are at No. 4 The Terrace, Westway Office Park, Westville. Managing director of WearCheck, Neil …

Lausanne, Switzerland, Pix4D, technology pioneer and market leader in industrial photogrammetry software solutions, announces that it is starting a joint innovation project with SAP® to open up the market for drone-based, digital 3D inspections for telecommunications companies. SAP, a global leader in ERP (Enterprise Resource Planning) software, has included Pix4D …

Zambian Ministry of Mines and Mineral Development has granted Aim- and AltX-listed Jubilee Metals’ application for the renewal of a small-scale mining licence in Kabwe, Zambia. The licence is in respect of lead, zinc, copper and cobalt and has been renewed for ten years. CEO Leon Coetzer says that, as …

First Quantum Minerals (FQM) subsidiary Kansanshi Mining Plc has officially handed over the reconstructed maternity wing at Solwezi General Hospital to the government following repairs to extensive storm damage to the building. The entire roof of the hospital’s maternity wing and trusses covering an area of 768 sq. metres were …

US- and Canada-listed global gold mining behemoth Barrick Gold has released a good June quarter result showing a surge in profit on a higher gold price. Guidance for 2020 was maintained, with Barrick on track to hit its full-year forecast. We believe the investment case for precious metals – and …

Arc Minerals director and executive chairman, Nick Von Schirnding, believes that a name change, new leadership and a sole focus on a single commodity has put AIM-listed Arc Minerals on a strong footing to progress its copper assets in Zambia. Von Schirnding, who has more than 25 years’ experience in …

Zambia and Swiss-based Glencore are at “cross purposes” over Mopani and ZCCM-IH aims to increase its shareholding in Mopani to 51% “or even more”, from 10% currently. This is according to Zambian Mines Minister Richard Musukwa who announced this recently. According to two sources close to the proceedings, Glencore is likely …

It is reported that Zambia seeks to control  Mopani Copper Mines by claiming a bigger stake in Glencore’s majority-owned company. Glencore owns 73.1%, First Quantum Minerals 16.9% and ZCCM-IH, Zambia’s mining investment arm, 10% of the operation, which was shuttered briefly earlier this year. Mines minister Richard Musukwa told press …

Stabilising operations, maintaining workforce and production have become a difficult task for the mining sector amid the COVID-19 pandemic and an unfavourable mining tax code, but FQM has so far achieved mostly positive results Global mining giant First Quantum Minerals (FQM) has maintained jobs and production at its operations in …

Africa’s second-largest copper producer, Zambia, has faced hurdles to export its copper amid the COVID-19 pandemic as it is a landlocked country which needs to use ports in other countries situated near the seacoast like South Africa. The country’s copper exports to China have been affected by COVID-19 lockdowns imposed …