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Aim-listed exploration company African Potash has reached an agreement to establish a sale price of $500/t for 50 000 t of fertiliser product. African Potash executive chairperson Chris Cleverly said the deal would see NPK and urea fertilisers delivered in Zambia at a price that “supported the growth and development …
Read More »African Copper V Conference
Africa’s copper potential continues to hold the interest of the global mining community. Zambia and DRC are striving to meet higher production targets and supply is growing in countries such as Botswana and Namibia. Progress is being made to overcome the logistical, infrastructure, political and social hurdles, and – despite …
Read More »Zambia to Cut Deficit Next Year Even as Growth Prospects Dim…
Zambia plans to narrow its budget deficit to about 5 percent of economic output next year even after lowering its 2015 growth forecast for the second time since June. The shortfall will shrink from an expected 6.9 percent this year, Deputy Finance Minister Christopher Mvunga said in an interview at his …
Read More »Zambia to end power tariff subsidies for big firms
Zambia’s government will stop supplying cheap electricity to large industries as Africa’s second largest copper producer battles a costly power shortages. The move away from subsidised electricity tariffs for large consumers will happen immediately, while state utility Zesco will source energy from private producers to plug the deficit, government spokesperson …
Read More »Gemfields lifts FY output
Aim-listed Gemfields’ 75%-owned Kagem emerald mine, in Zambia, delivered 8.1-million carats of emerald and beryl in the quarter ended June 30, lifting output for the full 2015 financial year to 30.1-million carats of emerald and beryl. This was comparable with the 6.2-million carats of emeral and beryl produced in the fourth …
Read More »3000 KCM jobs on the line as the mine suspends operations at the Nchanga underground unit
KONKOLA Copper Mine Plc has written to its workers at Nchanga, informing them that the Chingola-based underground mine will be put on care and maintenance with immediate effect. According to a letter addressed to the employees, KCM stated as follows: “This information must be communicated to all staff by Friday …
Read More »Mopani aquires Condra sinclinorium headgear cranes
Condra has completed load tests on two 25-ton headgear cranes manufactured at the company’s Germiston works for Mopani Copper Mines’ Sinclinorium shaft. The tests were witnessed by a representative from Mopani Copper Mines (MCM) during June ahead of delivery this month to the Nkana Mine, in Kitwe, where the new …
Read More »Mopani mine accident rescuers retrieve machine, no bodies
RESCUE workers at Mopani South Ore Body have retrieved the machine that was being used by the four miners who died underground last week. The search for the bodies of the affected miners still continues, although some body parts were found last week. Copperbelt minister Mwenya Musenge said yesterday that …
Read More »South African power utility Eskom says open to coal imports for new power stations
South African power utility Eskom is open to importing coal for plants it still plans to commission, a coal conference heard on Tuesday. Willem Theron, business development manager of Eskom’s southern Africa transmission group, said the state-run utility planned to install an additional 6 250 MW of coal-based power after …
Read More »Company introduces new mining service vehicle…
The new Pirtek mining service vehicle complements the current fleet of mobile service vehicles in the Northern Cape operating from Kathu, Postmasburg and Upington Fluid transfer solutions and on-site repairs provider Pirtek Northern Cape has introduced the first dedicated Pirtek mining service vehicle onto the South African market. The new …
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