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LUCAPA TO START ALLUVIAL DIAMOND MINING AT LULO

Lucapa Diamond Company is poised to start alluvial diamond mining at its Lulo concession in Angola’s Lunda Province. According to a statement obtained by the Zambian Mining Magazine, the company said it was evaluating several debt financing options to fund the mining operations. It said the financing options in question …

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SNC-LAVALIN BOOSTS OPERATIONS IN AFRICA

SNC-Lavalin has increased its engineering and construction capabilities in Africa with the recent acquisition of Kentz. Southern Africa SNC-Lavalin managing director Graeme Johnson said the acquisition ultimately enhanced the company’s ability to provide additional services and carry complex projects. “We are growing due to the broader focus this has given …

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Barrick saga: Chief Mumena urges dialogue

Chief Mumena of Zambia’s North Western Province has urged urgent dialogue between Government and Barrick Lumwana over the mining company’s decision to suspend operations in the country. The traditional ruler said suspending operations and pulling out of the country was not the solution, but instead Barrick and the Government should …

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Who benefits from Zambia’s Copper proceeds?

By Hicks Sikazwe The decision by Barrick Gold Corporation, a Canadian multinational, to suspend operations at Lumwana Mine near Solwezi in North-Western Province did not only open up new wounds but demanded immediate answers as to who benefits from Zambia’s copper proceeds? On December 17, Zambia’s Parliament approved a proposal …

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New Namibian gold mine sees first pour

Canadian mid tier gold miner, B2Gold, has announced the first gold pour at its new Otjikoto open pit mine in Namibia ahead of the original schedule according to Mining Africa Year (Press Watch). The company says Otjikoto is only the African nation’s second gold mine and has been one of …

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