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Canada’s First Quantum weighs $1bn Zambian copper mine expansion

Canadian miner First Quantum Minerals is weighing an investment of around $1-billion to lift output at Africa’s biggest copper mine in Zambia, a company document seen by Reuters showed. The investment would add a decade of life and head off production declines at the Kansanshi copper mine, increasing annual production …

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Kagem host another triumphant auction

Kagem Mining recently hosted a successful auction of emeralds from Lufwanyama Mine, this week. The 34th auction since UK-based Gemfields acquired 75 percent of Kagem in July 2008 was held under the watchful eye of Ministries of Finance and Mines and Minerals Development. While the sale of high quality gemstones …

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Copper is a modern metal, says Barrick Gold

Canadian mining company, Barrick Gold looks to expand on their copper industry as they believe the metal is strategic, modern and irreplaceable. Barrick Gold is the owner of Lumwana Copper Mine in Zambia. According to their CEO, Mark Bristow, Barrick is on the lookout for growth in the copper industry …

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Africa Must Benefit the Most from Mineral Wealth

President Cyril Ramaphosa says the time has come for Africa to benefit from its mineral wealth and be a producer of value-added goods. The President made the impassioned plea during the opening ceremony of the second Africa Investment Forum at the Sandton Convention Centre in Johannesburg. Approximately 2 000 delegates …

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