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MCL attributes load-shedding to cash flow shortage

Largest coal mining company in Zambia, Maamba Collieries (MCL) considers the developing situation of load-shedding in the country as being largely attributable to non-receipt of full payments from ZESCO. The Coal Miner maintains that it is due to a continued shortfall in monthly payments of its power bills by ZESCO …

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ZCCM-IH Shareholders welcome appointment of new CEO

The minority Shareholders of ZCCM-IH have welcomed the appointment of Mabvuto Chipata as the new Chief Executive Officer. According to a statement released to the press recently, Euronext Minority Shareholders said they are relieved that the Pius Kasolo page has been definitively turned. They also expressed trust in Chipata who …

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Hook-block the star of Condra’s overhead crane

Leading crane manufactures, Condra Cranes have elevated in status the humble hook-block to become the key component of an electric overhead crane completed by the company for a metal refinery. This particular machine was shipped in the third week of September. The company says it is their engineering expertise, the …

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Russia Digitalises Africa’s Mining Sector to Increase Output

Russian companies have offered African countries solutions based on the internet of things (IoT) and artificial intelligence (AI) to boost mining production. The offers follow the realisation that traditional means are becoming increasingly expensive, with productivity falling due to technical maintenance costs, unreliable equipment, reactive troubleshooting, a lower equipment utilisation …

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FQM offer corporate support to Kalumbila district

Mining Company First Quantum Minerals has declared that they are firm believers in quality education and adult literacy to show this they have donated 6,600 text books worth K117, 480 to the Ministry of General Education The aim by the Miner is to be part of the drive to improve …

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