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Copperbelt Energy Corporation (CEC) Plc has mooted plans to delink its pan-African power assets developer CEC Africa from the CEC group. Julia Chaila, company secretary said the decision yet to get approval from shareholders is expected to improve CEC Plc financial performance. CEC Africa is currently reeling from operation challenges …

Mining and exploration company Group R Mining & Exploration Zambia achieved one-million work hours without a lost-time injury (LTI) at its Synclinorium shaft expansion projectfor its owner, Zambian-registered copper miner Mopani Copper Mines. Group R is the operating partner of Mauritius-based private capital and corporate advisory company Africa One Holdings …

Alecto Minerals on Thursday said it was now targeting the commissioning of its Matala gold project, in Zambia, in 2017 as it was awaiting the completion of the last leg of the financing plan for the project. To complete the financing, the company needed to reach an agreement with local …

US mining equipment manufacturer Caterpillar, its independent dealers and the Caterpillar Foundation are to invest $1-billion in business, education and training across Africa over the next five years, chairperson and CEO Doug Oberhelman announced at the US-Africa Business Forum, in New York, last month. The news confirms Caterpillar’s long-term commitment …

Global copper markets will be oversupplied for at least two years, executives at some of the world’s major producers of the metal and traders said recently, casting doubt on the chances of a prolonged rally in prices. That tempered assessment of the market at an industry conference in Shanghai came …