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Minerals explorer Intrepid Mines has mobilised a fourth diamond drill rig to the high-priority Kakozhi satellite target, in Zambia, accelerating a drilling programme aimed at better defining the potential of the prospective Mumbwa copper project. Drilling at Kakozhi had previously focused on testing a coincident soil geochemical and airborne gravity …

Zambia’s electricity deficit has risen to 985 MW in September from 560 MW in March as water levels in reservoirs at its hydropower station fall due to drought, its energy minister said on Tuesday. In a statement to parliament, energy Minister Christopher Yaluma said the government was taking short and …

Mopani Copper Mines (MCM) has notified the government that it plans to lay off more than 3 800 workers due to lower metal prices and high production costs, government sources said. An electricity shortage in the southern African nation and weaker copper prices have put pressure on its mining industry, …

Coloured gemstones miner Gemfields has produced the first measured mineral resource and proven ore reserve statement for its 75%-owned Kagem emerald mine, in Zambia. The company on Wednesday said a Competent Persons Report (CPR), produced by consulting firm SRK Consulting, had shown a Joint Ore Reserves Committee-compliant measured, indicated and …

Aim-listed exploration company African Potash has reached an agreement to establish a sale price of $500/t for 50 000 t of fertiliser product. African Potash executive chairperson Chris Cleverly said the deal would see NPK and urea fertilisers delivered in Zambia at a price that “supported the growth and development …