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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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Investors still eying Africa despite Ebola

Investors are still said to be betting on the future of Africa as a big emerging market opportunity despite the declining commodity prices and the outbreak of Ebola, it has been learnt. According to a latest online report carried by Mining.Com, not so long ago, declining commodity prices and the …

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Africa’s burgeoning mines will need a heavy lift

The growing scale of Africa’s mineral and infrastructure projects is demanding expert skills and fit-for-purpose equipment to lift, transport and install heavy plant in remote and often inhospitable sites, according to SA-based heavy-lift specialist Vanguard. According to Vanguard General Manager Craig Pace, recent figures indicate that, despite low commodity prices, …

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