Uncategorized

Zambia resumes issuance of new mining licenses

LUSAKA – Zambia has resumed the issuance of new mining licences, renewal and transfer of rights which it suspended in August last year, its mines minister said on Thursday. Mines minister Christopher Yaluma said the government had since the suspension established new licensing regulations to improve the administration of mining …

Read More »

Intergrated pump technology supplies submersible slurry pumps to Kamoto copper company in DRC

Integrated Pump Technology of South Africa has supplied 20 Bravo 900 submersible slurry pumps and 20 M20 control panels to Kamoto Copper Company (a subsidiary of Katanga Mining) of the Democratic Republic of the Congo (DRC). These heavy duty electrical submersible slurry pumps are the largest of their kind in …

Read More »

Tanzanian mining firm prepares for battery grade graphite production

Kibaran Resources has completed a Scoping Study for a battery grade manufacturing facility that highlights robust economics and a compelling development case in Tanzania. This follows the company completing in July a Bankable Feasibility Study confirming the viability of a conventional open cut mine and conventional flotation processing plant at …

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 »

Barrick will not pull out of Lumwana

Barrick Gold Corporation of Canada will after all not pull out from Lumwana in Solwezi Northwestern province following government decision to review the 2015 mineral tax. According to mining.com, “Barrack will continue operations at its Lumwana copper mine in Zambia while the government tweaks a new royalty regime.” Last week …

Read More »

New mineral tax under review

Government is to review the mineral tax, if possible defer the implementation of the controversial 2015 increase. President Lungu ha since directed the ministries of Finance and Mines respectively to ensure changes are effected by April 8 to forestall a possible crisis in the mining sector. Last year mineral tax …

Read More »

Plans by Edgar Lungu

Zambia’s new president to reverse a hike in mining royalties may come too late to revive investment in the sector, with confidence among foreign mining companies shaken and neighbouring Democratic Republic of Congo looking a potential better bet. Eager to fill a hole in its finances, the government said last …

Read More »

Kalumbila miners protest over funeral grant

Operations at Kalumbila Mine in Solwezi, Zambia’s newest copper mine, have been paralysed following a protest by workers over a funeral grant for their deceased colleague. The protest was reportedly sparked by First Quantum Minerals (FQM) refusal to award a funeral grant for the deceased worker at the mine which …

Read More »

SADC eyes mineral resources to boost regional growth

Countries in the 15-member Southern African Development Community (SADC),seek to review and adopt policies to accelerate economic growth having realised the untapped mineral potential. The 34th Heads of States and Government Summit which goes underway in Zimbabwe’s tourism capital, Victoria Falls from August 17-18 want to review policies to bolster …

Read More »

Zimbabwe’s platinum mine faces fall in production

Bimha mine, Zimbabwe’s leading platinum producers dropped production of the metal by 50 percent recently after a major collapse occurred underground in Zimplats, Ambriefonline reported. The collapse art one of the operations underground cist the company 50 percent of the total metal production. The report did not elaborate when the …

Read More »