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$200m power project to start soon in Sioma

THE construction of the US$200 million hydro-power station in Sioma is awaiting the conclusion of an implementation agreement between the developer, Western Power Limited, and Government. Western Power Limited chairperson Sipho Phiri said the 60-megawatt (MW) station, is expected to be the largest private sector investment in Western Province. Construction …

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100Mt-plus copper resource defined at Botswana copper, silver play

A recent drilling campaign on the Zone 5 deposit at Cupric Canyon Capital subsidiary Khoemacau Copper Mining, in Botswana, has defined a 100-million-ton high-grade copper and silver ore resource, the company said on Tuesday. “This most recent drilling and feasibility work has established Zone 5 as one of the most …

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Gemfields achieves record sales price for lower-quality emeralds

Twenty-nine companies placed bids in Aim-listed Gemfields’ second auction of production from its 75%-owned Kagem mine, in Zambia, in the current financial year, with 4.45-million carats of the 5.07-million carats of lower-quality emerald on offer sold, generating $19.2-million. The auction, held in Jaipur, India, from November 18 to 21, marked …

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Kansanshi Mining to spend $4.7 million on road upgrade

KANSANSHI Mining Plc will spend US$4.7 million to upgrade a 50.4-kilometre road in Solwezi, which will be used to transport silica for the mine’s copper sulphide plant. Recently, the company commissioned a new smelter to process 1.2 million tonnes of sulphide copper concentrates per annum at Kansanshi and Sentinel mines. …

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Angola’s Laúca dam set to produce energy in 2017

The first two turbines of the Laúca hydroelectric dam on the Kwanza River in Angola are due to start operating in July 2017. The Brazilian company, Odebrecht, is responsible for the project and has announced that the turbines will have the capacity to produce 340 megawatts (MW) each. Kleriston Acácio, …

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