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Mines: Zambia on right track

THE mining industry remains dear to the hearts of Zambians because it is the blood-line through which our country’s economy thrives. While as a country we realise the need to reduce dependence on copper exports as a source of foreign exchange, by diversifying the economy, the fact still remains that …

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BMR secures letter of intent for offtake from Kabwe project

Aim-listed BMR said it had been approached for an offtake agreement for agricultural-grade zinc sulphate heptahydrate (ZSH) and lead sponge from its Kabwe project, in Zambia. The mineral processing group secured Zambia Environmental Management Agency approval for the environmental- and social-impact assessment for its tailings retreatment process and the construction …

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$60m boost to Zambia power grid

Mining is poised to receive a spinoff benefit from Monday’s announcement that the power grid in Zambia is to be boosted by a $60-million investment. In this latest transaction, Standard Chartered bank has partnered with the United States Agency for International Development (USAID) to provide a long-term loan to the …

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SADC to Commission 3000 MW of New Power in 2016

Member states of the Southern African Development Community (SADC) plan to commission new power projects that will add 3059 megawatts of electricity this year as the region targets to ensure that it meets its energy needs by 2020. According to the Southern African Power Pool (SAPP), which coordinates the planning, …

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