More News

Cupric to spend $200m to build Botswana copper mine

GABORONE – Cupric Canyon Capital, a private equity firm backed by a unit of Barclays Plc, will spend $200-million to bring its copper-silver mine in Botswana to production, the company said on Tuesday.Construction of the mine, which will be built by Cupric’s Botswana unit Khoemacau, is set to start in 2016 …

Read More »

Botswana seeks to build solar plants for mines

GABORONE – Botswana’s government launched a bidding process on Tuesday to construct solar power plants near its huge Jwaneng diamond mine and for the nation’s northwest, where copper assets are being developed.“This invitation … is a request for expression of interest to construct, operate, maintain and decommission at the end of its …

Read More »

Zesco aims to cut power by 30% to the mines

LUSAKA – Zambia, Africa’s No.2 copper producer, plans to cut power supplies to mines by up to 30% as early as next week, after water levels at its hydro-electric projects dropped due to drought, industry sources told Reuters on Tuesday. The plan, still under discussion with the industry, will see state-run power …

Read More »

Musukwa pledges increased communication with the mines

MINES deputy minister Richard Musukwa says the government is determined to forge communicative linkages with the mining sector to ensure policies are well structured and more predictable. Meanwhile, Mopani Copper Mines scooped seven awards at the Zambia Chamber of Mines mining awards gala in Lusaka. Speaking at the second Zambia …

Read More »

Zambia aims to cut power to mines by up to 30%…

Lusaka-Zambia, Africa’s No.2 copper producer, plans to cut power supplies to mines by up to 30% as early as next week, after water levels at its hydro-electric projects dropped due to drought, industry sources said on Tuesday. The plan, still under discussion with the industry, will see state-run power company …

Read More »