Recent News

ZIMEC offer SA’s BT Industrial platform to showcase

BT Industrial, a pioneering science and engineering company specialising in the design and manufacturing of HDPE pipes and water treatment plants, is vocal about the pivotal role of robust water infrastructure in Africa’s development. Kgomotso Lekola, Founder and Group MD of BT Industrial, emphasises the pressing need for substantial investments …

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First Quantum Announces Passing of Co-Founder and Chairman Philip Pascall

First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) is deeply saddened to announce the passing of one of its founders and Chairman, Philip Pascall, on September 19, 2023. Philip passed away peacefully at home in Perth, Western Australia. Philip co-founded First Quantum in 1996, serving as the …

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Impact through responsible production

While the mining industry makes a significant contribution to South Africa’s Gross Domestic Product (GDP), the full economic impact is actually much greater. “Mining is a mining company’s core business, and mining itself is a major job generator. But its own value chain has a major spin-off not only in …

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GoviEx sells Falea to develop Muntanga, Madaouela projects

GoviEx has entered into a sale agreement with African Energy Metals (AEM) for its subsidiary Delta Exploration in Mali. According to the company Delta holds three contiguous exploration licences – Falea, Bala, and Madini collectively known as the Falea project. The sale of the Falea project is part of GoviEx’s strategy …

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Maamba’s footprint: beyond mining and baseload electricity

Nestled in the heart of the Gwembe Valley, Maamba Collieries Limited (MCL) is spread over an expanse of over 8,000 hectares that, at first glance, looks like just another coal mine with an integrated mine-mouth thermal power plant – abuzz with the industrial hubbub of complex engineering and heavy earth-moving …

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Marula Mining reaffirmed the company’s faith in Nkombwa Hill project

Highlights from a site visit to the Nkombwa Hill niobium and tantalum, rare earth elements, and phosphate project in Zambia, as well as the ensuing thorough summary, have proven to be “massively successful,” according to Jason Brewer, CEO of AQSE-listed mining investment company Marula Mining. He added that the results …

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FQM remains persistent despite decreased output

In contrast to many of its competitors, Canadian miner First Quantum has decided to maintain its 2022 cost projection despite inflationary pressures and decreased output from its mines in Zambia. Despite second-quarter cash expenses exceeding the upper limit of the yearly guidance, the business continues to predict cash costs of …

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KCM pay off outstanding debt to small and medium suppliers

In an effort to lessen liabilities and support company growth, Konkola Copper Mines PLC (KCM) has put aside $2 million to pay off outstanding debt to small and medium suppliers and contractors. Following discussions with KCM management, KCM Provisional Liquidator Celine Nair announced the development. She claims she made the …

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Efficiency maximised; costs minimised: Transforming manufacturing in Africa

The African manufacturing sector has seen fractured growth over the past two years thanks to the complexities of the pandemic and its subsequent economic disruption. This is due to limited resources, impacted supply chains and the limitations of lockdowns, globally. In South Africa, manufacturing production saw a sharp decline month …

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Mining set to benefit from the bilateral talks between DRC, Zambia

On Friday, President Felix Tshisekedi of the Democratic Republic of Congo arrived in Zambia’s capital, Lusaka, for an official state visit. The purpose of the visit is to improve bilateral cooperation between the two countries. President Hichilema and Hakainde Hichilema of Zambia are expected to sign a number of agreements, …

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