Recent News

Grizzly’s Dubai Emerald Auction Nets $24.8 Million

In an international emerald auction held in Dubai this month, Grizzly Mining has raised $24.8 million in revenue. The auction featured medium- to high grade rough emeralds from its flagship mine in Zambia, including the standout 6 620 carat Pilala stone. Out of 112 lots offered, 105 were sold, representing …

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WearCheck introduces advanced Legionella testing to safeguard water quality

WearCheck Water, a division of leading condition monitoring specialist, WearCheck, has expanded its expertise in water analysis with the introduction of Legionella pneumophila detection and enumeration. This latest development positions WearCheck at the forefront of water and surface safety monitoring, ensuring businesses, industries, and public institutions can proactively manage Legionella …

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Accelerate structural reforms to unlock GDP growth – IMF

The International Monetary Fund (IMF) has urged the government to accelerate structural reforms in the energy sector, governance, public procurement, and the business environment to unlock growth potential and support job creation.” “Continuing the reform momentum is essential to build resilience, create fiscal space, and crowd in private investment,” said …

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FQM supporting innovative energy solutions

As part of efforts to address the country’s energy needs, and commitment to sustainability, First Quantum Minerals (FQM) has entered into an agreement with private sector partners to secure clean, reliable power from the Kariba North Bank Extension (KNBE) energy plant. The agreement uses an innovative partnership model that supports …

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Africa’s LNG growth hinges on investment, strategic partnerships

Accelerating Africa’s liquefied natural gas (LNG) ambitions will depend on mobilizing risk-tolerant investment, building strong technical and commercial partnerships, and committing to local capacity-building, according to panellists at the Invest in African Energy (IAE) Forum in Paris. Speaking during a discussion on monetizing African gas sponsored by Perenco, UTM Offshore …

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Kagem awarded for exceeding 10 million LTI- free hours

Kagem Mining (Kagem) has been awarded a prestigious safety award by the government of Zambia’s Mines Safety Department, recognising its achievement of over 10 million Lost Time Injury (LTI)-free hours. This landmark accomplishment of 10,098,176 hours without time lost to injury underscores the emerald mine’s unwavering commitment to strive for …

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Prospect expands exploration, evaluation at Mumbezhi

Prospect Resources has commenced phase two drilling and exploration programmes at its Mumbezhi Copper Project in the Copperbelt. The Managing Director and Chief Executive Officer of Prospect, Sam Hosack said the phase 2 programme has been designed to validate the significant potential for a material, large scale resource at Mumbezhi. …

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Kagem to recommence focused open-pit mining

Gemfields is pleased to announce that Kagem Mining will shortly recommence a programme of focused open-pit mining to recover more premium emeralds. Previously, the miner had announced alongside other cost cutting measures suspension of all mining from 1 January 2025 to focus on processing ore from Kagem’s significant ore stockpile …

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Barrick Delivers Strong Q1 as Gold Prices Soar

Formerly Barrick Gold,  Barrick Mining Corporation (TSX: B) has reported a robust start to the financial year, with Q1 earnings per share climbing 59% year-on-year. The miner continues to make significant strides toward its long-term strategic objectives, bolstered by strong performance across its portfolio of Tier 1 gold and copper …

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SEW-EURODRIVE Expands Technical Services Across Africa

SEW-EURODRIVE South Africa, a leading provider of industrial gearboxes, drive systems and automation solutions, is accelerating the rollout of its ‘African Strategy’, aimed at extending technical services and support across the continent. The initiative is part of the company’s broader effort to strengthen its presence and improve customer responsiveness in …

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