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Aim-listed BMR said it had been approached for an offtake agreement for agricultural-grade zinc sulphate heptahydrate (ZSH) and lead sponge from its Kabwe project, in Zambia. The mineral processing group secured Zambia Environmental Management Agency approval for the environmental- and social-impact assessment for its tailings retreatment process and the construction …
Read More »$60m boost to Zambia power grid
Mining is poised to receive a spinoff benefit from Monday’s announcement that the power grid in Zambia is to be boosted by a $60-million investment. In this latest transaction, Standard Chartered bank has partnered with the United States Agency for International Development (USAID) to provide a long-term loan to the …
Read More »Working to stay ahead of competitors
Crane and hoist manufacturer Condra intends to focus on the continued supply of high-quality, robust and reliable products and lowering the overall lifetime maintenance costs of these products to foster a sustainable competitive advantage while miti- gating the major challenges currently faced by the South African materials handling industry. Condra …
Read More »Claim against Vedanta, KCM given the green light to proceed in court
A legal claim on behalf of 1 826 Zambian villagers against global diversified metals and mining company Vedanta Resources and its Zambian subsidiary Konkola Copper Mines (KCM) has been given the go-ahead by a High Court judge to proceed in the UK courts. The judgment, handed down on Friday by …
Read More »Contract mining offers edge in depressed market
There is a direct correlation between the market size of contract mining and the commodities cycle/prices and investment patterns in capital projects Historically, mining was a highly protected industry and had a low propensity for outsourcing, but more operations are being outsourced across Africa, says global consultant and adviser Deloitte. …
Read More »Copper proves a rocky road for Zambia
The town of Luanshya, situated on Zambia’s copperbelt, serves as a bellwether for the country’s economy. However, political developments in Zambia are causing significant uncertainties in the copper industry. With a sustained annual GDP growth rate above 6%, driven primarily by copper, the past decade has been tumultuous for Luanshya. …
Read More »Destitute Zambia mineworkers dream of a copper market rebound
Local residents walk along a road leading towards the Mopani copper mine in Kitwe. Maybin Chibale had a steady job for four years at Glencore Plc’s Mopani mining complex in northern Zambia’s Copperbelt Province. Then came the global commodity slump. Now he spends his days drinking beer with former colleagues …
Read More »Stakeholders welcome Chamber of Mines report on Mineral Royalty Tax
The Zambia Chamber of Mines has urged Zambians to download its report on Mineral Royalty Tax, after strong endorsement by leading business personalities, who said the report would promote greater understanding of a complex issue which affects them. The report , A guide to understanding Mineral Royalty Tax (MRT), has …
Read More »Zambia’s 2016, 2017 copper output seen flat at 700,000t
LUSAKA – Zambia’s copper production will be around 700 000 t this year and next year before rising to one-million tonnes in 2018, a top government official said on Monday. Copper production in Africa’s second-biggest producer of the metal inched higher to 711 515 t in 2015 from 708 000 …
Read More »Kipushi mineral resource estimates exceed expectations -Ivanhoe
A new, independent, mineral resource estimate for Ivanhoe Mines’ joint venture Kipushi mine, in the Democratic Republic of Congo (DRC), has shown measured and indicated mineral resources in the big zinc zone of 10.2-million tonnes. “This has exceeded our expectations and we are convinced that significant additional mineral resources can …
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