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By Mwila Banda Prospect Resources’ latest update on the ongoing Phase 3 diamond drilling programme for the Nyungu Central deposit has indicated new intersections lie outside the existing Mineral Resource estimate (MRE) outline and are still open to the southeast. According to Prospect’s Managing Director and Chief Executive Officer, Sam …

Southern Africa’s industrial and mining growth is powering a sharp rise in demand for dependable portable energy. With sustainability and compliance at the forefront, businesses are seeking solutions that balance efficiency with environmental responsibility. Standing at the innovation forefront is Atlas Copco Power Technique, offering advanced generator technology and adaptable, …

Marubeni Corp. agreed to acquire South African automotive retail and services provider TiAuto Investments, marking the Japanese trading giant’s first foray into Africa’s automotive maintenance sector. The Tokyo-based company is expanding its global aftermarket footprint by taking over a business that operates 161 stores across South Africa, Botswana, Namibia, Zimbabwe, …

The International Monetary Fund warned that Zambia’s hard-won macroeconomic stability is facing renewed risk from a surge in pre-election spending and costly energy distortions, even as the southern African nation successfully consolidates its massive debt restructuring. Following a two-week mission to Lusaka led by Edward Gemayel, the Washington-based lender signaled …

By Mwila Banda Shuka Minerals Ltd. completed its fifth drill hole at the Kabwe Zinc Mine in Zambia, intercepting high-grade mineralization at depth even as complex underground conditions caused drilling deviations. The London- and Johannesburg-listed explorer reported a 100% hit rate for its Phase 1 drilling program at the site’s …