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 More mining houses board on job preservation

Luanshya Copper Mines (LCM) is yet another mining firm that has agreed to not laying off any employees due to the new tax regime. According to Zambia Reports, First Quantum Minerals has also announced that it will not be laying off workers in response to the new tax system. Mineworkers …

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Ramaphosa, Akufo-Addo billed to speak at Mining Indaba

President Cyril Ramaphosa is billed to speak at Mining Indaba 2019, slated for beginning of next month. Organisers of the annual mining jamboree said President Ramaphosa is set to bring his investment agenda to the landmark 25th Anniversary Indaba. As one of the driving forces behind South Africa’s historic economic …

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Manganese mine license revoked

Following the recent mine incident involving three juveniles buried alive in the Manganese mine in Samya, the Zambian government has withdrawn the mining license from the owners. The Zambia Algamented Mineral group owners are both of a South African and Zambian nationality. Mines Minister Richard Musukwa announced that both will …

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Orinoco Gold, AngloGold Ashanti starts work in Brazil

Orinoco Gold has announced that it has just started working with AngloGold Ashanti on establishing an in-country joint venture entity in Brazil. This comes both companies confirmed the original terms of an earn-in agreement signed back in 2017. According to a statement from the companies, the undertaking should be completed …

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BME’s Africa offerings focus on Mining Indaba

South Africa-based explosives leader BME has announced plans to showcase its African presence, expertise and technology at the 2019 Investing in African Mining Indaba slated for next month in Cape Town. The company plans to highlight its strengthened presence in West Africa, which is poised to become one of the …

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