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Zambia’s economic resilience has received a pat on the back from reputed global lenders inspite of the country facing some setbacks in realigning its economy ahead of its projected middle income status in 2030. A recent rating by globally reputed, World Economic Forum (WEF), Zambia, one of the fastest growing …
Read More »MOPANI PROMOTES SAFE MINING
Safety is of key importance to Mopani. Since inception in 2000, Mopani has implemented a number of safety initiatives that have contributed to the reduction in lost Time Injury Frequency from 9.3 in 2000 to 1.3 in 2014. In a bid to continue improving its safety performance, Mopani has devised …
Read More »LOCAL CONTRACTOR COMMENDS JOINT VENTURE PARTNERSHIP INITIATIVE BY MOPANI
Mopani Copper Mines Plc has implemented a number of programmes aimed at empowering and building capacity of local contractors and other small and medium enterprises in Zambia. The Company is encouraging formation of joint venture partnerships between local contractors and internationally-recognized and well-established foreign firms wishing to do business with …
Read More »ZEST ENERGY CLOSE TO COMMISSIONING ITS FIRST REFERENCE SITE
Playing a key role in the growth of the Zest WEG Group’s footprint across Africa, group company Zest Energy is moving towards the commissioning of its first reference site for diesel power generation in Zambia. Zest Energy also has installations in Congo, DRC, Tanzania, Zimbabwe and Ghana. The order was …
Read More »Zambia’s cobalt exports slump 26 percent – report
Exports of cobalt from Zambia slowed down 26.4 percent last year compared to a year earlier as earnings rose, a report by the ministry of finance says. The slowdown in exports is chiefly attributed to the slowdown in the economic growth of top mineral consumer, China last year compared to …
Read More »Mopani Copper Mines’ revenue up 18 percent
Revenue for Mopani Copper Mines, a unit of Switzerland based commodity trader, Glencore Xstrata rose 18 percent by December last year as copper sales rose, the company says. In a report for the 12 months period to December 31 last year, Mopani Copper Mines, Zambia’s second leading producer of copper …
Read More »Paragon Diamonds to raise its stake in
Paragon Diamonds seeks to conditionally increase its interest in the Lemphane Kimberlite project in Lesotho, owned by Meso Diamonds, to 100 percent from 85 percent. The company, which already has projects in Lesotho, Botswana and Zambia, said it is moving toward the stage one mining development phase at the Lemphane …
Read More »Renewable energy, a priority for African mining countries
With various fundamentals besetting the mining and energy sectors, several countries are looking at various cheaper and reliable options to remain sustainable and enhance economic growth and meet demands for their people. With the unstable copper, coal, gold, nickel afflicting the international metal market, most African mining companies have been …
Read More »Uganda ‘revisits’ mining laws to lure capital in the industry
The Ministry of Energy and Mineral Development in Uganda has started the process of revising some clauses in the mining laws to attract the highly mobile capital and finance needed to establish a modern and viable mining industry. The laws in question are; the Mineral Policy, which was put in …
Read More »Chamber of mines in Zambia seeks partnership over mineral data production
The Chamber of mines in Zambia, a consortium of foreign mining companies operating in the copper rich southern African state seek to partner with other players in the industry for comprehensive and accurate information on the production of minerals as the country grapples to increase production. The chamber of mines …
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