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ZAMBIA HAS INADEQUATE SMELTING CAPACITY – FQM

FIRST Quantum Minerals (FQM) Limited has expressed that the inadequate smelting capacity within Zambia has led to a stockpile of 200, 00 metric tonnes of copper concentrate at its Kansanshi mine in Solwezi. FQM, estimates the stockpile to contain copper worth US$370 million at current market price. This was expressed to …

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Indian group takes over marble quarry in Mozambique

Indian group Sarla will re-launch quarrying of marble deposits in Montepuez in Mozambique’s Cabo Delgado province, under the terms of an agreement signed last week with the government of Mozambique. Signed by the Minister of Mining Resources, Esperanca Bias, the agreement includes an initial investment of US$10 million and later …

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Indian consortium receives first shipment of coal from Mozambique

The first shipment of coal mined in Mozambique by the International Coal Ventures Ltd consortium is due arrive to India on 24 November, said CS Verma, chairman of the consortium of Indian state-owned enterprises. Last July, ICVL, a consortium of the Indian state companies Coal India, Steel Authority of India, National …

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‘Dismiss Dangote defamation lawsuit’

Zambia’s Labour Minister Fackson Shamenda has asked the High Court to dismiss a defamation lawsuit by Dangote Industries Zambia Limited. Mr Shamenda said the Dangote lawsuit should be set aside because it was wrongly taken to court. Dangote Industries Zambia Limited sued Mr Shamenda for slander and libel. The company …

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Condra’s innovations help lower crane costs

A local crane company with facilities in South Africa, South America and Europe claims it has lowered the overall lifetime costs of its products below those of its competitors by successfully incorporating select and relevant technological developments. The company, Condra, has for many years held a hard won reputation across …

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