Recent News

VEDANTA Resources, the global metals and mining giant controlled by Indian billionaire Anil Agarwal, is strategically transferring ownership of its key Konkola Copper Mines (KCM) asset in Zambia to a newly created, US-based subsidiary, CopperTech Metals. This significant structural move is primarily aimed at capitalizing on the growing support and …

Atomic Eagle has announced a new chapter for the Muntanga Uranium Project after reporting a JORC exploration target of between 40.0 and 100.5 Mlbs U 3O8 at a grade range of 150 – 350 ppm. According to the company, its strategy is firmly focused on rapidly expanding the existing mineral …

Prospect Resources has announced positive assay results for the Nyungu Central and Kabikupa deposits, from its recently completed Phase 2 drill programme at the Mumbezhi Copper Project. “Mumbezhi continues to deliver scale potential, with the shallow intersection returned at the southern end of the Nyungu Central deposit in NCDD021 delivering …

By Steven Lumley, technical manager, WearCheck Specialist condition monitoring company, WearCheck, keeps adding to the discussion about oil additives – the latest topic is anti-wear additives. What are they? Zinc dithiophosphate (ZDP), Zinc dialkyl-dithiophosphate (ZDDP) compounds, organic phosphates, Organomolybdenum compounds. What do they do? Reduce friction and wear How do …

Zambia’s presidency has decisively dismissed proposed new regulations that would have granted the state a minimum 15% stake in critical mineral mines without any financial compensation, thereby affirming its commitment to maintaining an investor-friendly environment. A draft “statutory instrument” originating from the mines ministry had stipulated that the government would …

Botswana-based Kemcore is proving that southern African entrepreneurs can capitalise on regional mining opportunities while creating local value. Founded by Calisto Radithipa, the company supplies critical chemicals to copper and cobalt operations in Zambia and the Democratic Republic of Congo (DRC), demonstrating how proximity, agility and innovation can unlock growth …

The experts at the Zimbabwean Gold Investment Conference in Harare have raised concerns over the exploitation of minerals, highlighting the vulnerability of communities that are the custodians of these resources. Zambian business leader and Chief Adviser Mabvuto Chipata stressed the importance of equitable distribution of value to prevent conflict. “Each …

By Steven Lumley, technical manager, WearCheck   Continuing the dialogue around oil additives with condition monitoring specialist company, WearCheck, this time the focus turns to friction modifiers. What are they? Organic fatty acids and amines, high-molecular-weight organic phosphorus and phosphoric acid esters What do they do? Alter coefficient of friction …

South African Competition Tribunal (SACT) has issued Jubilee with a merger clearance certificate and unconditionally approved the sale of the South African Chrome and PGM Operations to One Chrome (under the Competition Act (Disposal). SACT approval is a suspensive condition to the disposal as outlined in the circular to shareholders. …

In the three months to September 30, Barrick Gold Corporation’s Africa region recorded the largest quarter-on-quarter production increase among all the company’s operating regions. This strong performance, coupled with lower costs across the board, resulted in a 65% quarter-on-quarter rise in attributable earnings before interest, taxes, depreciation and amortisation (EBITDA). …