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Ivanhoe mine starts Kamoa construction

Ivanhoe Mines, the Africa-focused project developer is constructing the box cut for the initial portal to planned decline ramps that will provide underground access to the proposed Kamoa copper mine, in the Democratic Republic of Congo’s Katanga province. The TSX-listed firm on Thursday reported that the construction contract was awarded …

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GÉCAMINES: WHAT GAME IS ALBERT YUMA MULIMBI PLAYING?

Albert Yuma Mulimbi can be described as the strong man of Gécamines. This untouchable and immovable man has just launched a new introduction into society with the support of other members of the board although it is rumoured the reality is that they had no choice but to endorse the …

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Malawi misses out on US$4 bln SADC power interconnector?

While four of Southern African Development Community enjoy the power sharing facility to prop up industrial and domestic growth, including meeting demand from mining sectors, Malawi, one of the neighbors affected by power deficit, has been left out. Zimbabwe, Zambia, Botswana and Namibia, four of the 15-member states in the …

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MINES OWE ZESCO U$20 000, 000 IN POWER BILLS

Mining companies in Zambia collectively owe power company Zambia Electricity Supply Corporation (ZESCO) a staggering US$20 million debt in unpaid power bills, threatening the utility company’s prospects of undertaking a facelift to its equipment and the meeting energy demands to end users. Earlier this year, the Energy Regulation Board (ERB) …

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Value Addition-a Pre-requisite for SADC’s growth

There is need to devise ‘uniform’ legislations that will benefit the people in the 15-member Southern African region in collaboration with investors that export raw material at the expense of the more than 270 million populace, many who are wallowing in abject poverty, says incoming SADC chair for the council …

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