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FQM’s bid highly discouraged by MUZ

The Mineworkers Union of Zambia (MUZ) has sternly advised the government against forging ahead with the offer by First Quantum Minerals (FQM) to purchase the shares that are held by government through ZCCM IH. Speaking to the media recently on the Copperbelt province in Zambia, Joseph Chewe, the MUZ president …

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Botswana unlocks its coal mining potential

Botswana’s mining industry is set to benefit from the continuing uncertainty around the Mining Charter in South Africa, local asset management firm Kgori Capital said. Tshegofatso Tlhong, Portfolio Manager at Kgori Capital said South Africa’s Mining Charter is curtailing investment for the country and could catapult mining in Botswana. “International …

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Ramaphosa, Akufo-Addo address historic Mining Indaba

Two major African mining economies’ presidents addressed the Investing in African Mining Indaba in South Africa, this year. South African President Cyril Ramaphosa and Nana Akufo-Addo of Ghana shared their thoughts with audience of government representatives, investors, mining companies, the media, NGOs and others. “This Indaba offers us a valuable …

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Amid uncertainties African mining shows steady progress

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, the mining team at Standard Bank anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the last 18 months, the focus in …

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Mining industry urged to invest in value addition

Export of finished products can offer significant cover for the country’s economy against falling copper prices, Stanbic Bank has said. Leina Gabaraane, Stanbic Bank Chief Executive Officer said there is need to invest in value addition in the mining sector to minimise the impact of changes in the prices of …

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