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Global demand for copper is expected to broadly meet supply in 2016 and 2017, while there is a chance of stronger-than-expected consumption in top user China, an industry body said on Friday. The International Wrought Copper Council (IWCC) sees a modest 120 000 t deficit this year, narrowing to 60 000 …

ASX-listed Burey Gold is acquiring a 60% interest in five exploitation permits, covering 1 456 km2 of highly prospective ground in the Haut Uele province, in north-east Democratic Republic of Congo (DRC). Through an agreement with a Dubai-based private company Medidoc FZE, the company would obtain the Tendao project, which …

The Copperbelt Energy Corporation Plc (CEC) intends to conduct a survey for biodiesel and its by-product to enable the firm establish market for potential customers. The firm’s biodiesel plant, which has a production capacity of one million litres per annum, produces diesel from jatropha curacas derived oil and soya bean. …

Goverment will acquire 30 percent equity in the US$400 million privately-owned North West Railway project that has been planned to link Zambia to the port of Benguela in Angola. Acting Minister of Transport and Communication Ronald Chitotela said Government intends to develop all channels of transport to open up the …

Western Power Company Limited has called on pension funds and other local firms to consider coming on board in the establishment of the 45 megawatts hydro power station to be developed by the company in Sioma. Company director Sipho Phiri said the US$200 million project to be established on Ngonye …