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Govt sale of its ZCCM-IH shares pushes LuSE turnover to K581m

THE Lusaka Stock Exchange has posted a huge trade turnover of K581 million due to the massive revenue contributed from the sale of government’s shares in ZCCM-IH. According to the LuSE monthly news bulletin for June 2015, total trade turnover on the local bourse was K581 million, up from K41.7 …

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Company introduces new mining service vehicle…

The new Pirtek mining service vehicle complements the current fleet of mobile service vehicles in the Northern Cape operating from Kathu, Postmasburg and Upington Fluid transfer solutions and on-site repairs provider Pirtek Northern Cape has introduced the first dedicated Pirtek mining service vehicle onto the South African market. The new …

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Kalumbila Mine to create over 1,500 jobs

KALUMBILA Minerals Limited general manager Damien Marantelli says the mine will create more than 1,500 direct jobs at full production. According to Marantelli, more jobs would be created through support services by contractors as well as investors in the new Kalumbila town, where 500 housing units, out of 600 built …

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Tanzanian govt reviews feasibility of Rukwa power plan

Marking a key step in the advancement of the flagship project to development stage, Aim-listed Edenville Energy has confirmed that the Tanzanian Ministry of Energy and Minerals (MEM) and power generation, transmission and distribution body Tanesco has started the review process of the Rukwa power plant’s feasibility study. The Rukwa …

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