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1000 KCM workers’ future remains in limbo

Government has stopped Konkola Copper Mines’ outsourcing intentions, until negotiations with the unions are concluded. Kampamba Mulenga, chief government’s spokesperson recently told media that government will only intervene in the matter when the two parties finalise their discussions. KCM intends to transfer 1,000 workers to contractors but Mulenga said moving …

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Botswana’s tennis ball size diamond sold

Africa focused miner Lucara Diamond has sold the historic 1,109 carat Lesedi La Rona recovered from the Karowe mine in Botswana in November 2015. Lucara Diamond said the piece has been sold for US$53 million (US$47,777 per carat) to Graff Diamonds. “We are thrilled and honoured to become the new …

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Specialist helps mines save on maintenance costs

More and more mines are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition monitoring specialist WearCheck. The company provides condition monitoring services in Central Africa through its two Zambian laboratories …

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Canadian miner sells diamond interest in Botswana

Toronto Stock Exchange listed Peregrine has sold its diamond interest in Botswana to UK’s Diamond Exploration Strategies (DES). The company announced that it has entered into an agreement to transfer all of the shares of Diamexstrat Botswana, a 100%-owned subsidiary of Peregrine engaged in diamond exploration and development in Botswana …

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Zesco to end power imports from Mozambique

Zesco intends to end emergency power imports from Mozambique in the first quarter of next year, officials from the company have revealed. Webster Musonda, Zesco Director of Transmission said power generation had improved to meet the utility company’s requirements. “By and large we will be able to meet our own …

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