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FQM remains persistent despite decreased output

In contrast to many of its competitors, Canadian miner First Quantum has decided to maintain its 2022 cost projection despite inflationary pressures and decreased output from its mines in Zambia. Despite second-quarter cash expenses exceeding the upper limit of the yearly guidance, the business continues to predict cash costs of …

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KCM pay off outstanding debt to small and medium suppliers

In an effort to lessen liabilities and support company growth, Konkola Copper Mines PLC (KCM) has put aside $2 million to pay off outstanding debt to small and medium suppliers and contractors. Following discussions with KCM management, KCM Provisional Liquidator Celine Nair announced the development. She claims she made the …

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viDoc RTK smartphone rover accuracy certified by Bureau Veritas

Pix4D, the market leader in photogrammetry solutions, is pleased to announce the certification of the viDoc by Bureau Veritas. This official recognition confirms that the viDoc is accurate enough to be used in industry. The Bureau Veritas found the viDoc to have a margin of error of less than 5cm, …

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No investor could buy KCM without our consent-Vedanta

Konkola Copper Mines (KCM) should not look for a new investor until the legal dispute with Vedanta Resources is resolved, the Indian mining company stated on Tuesday. In May 2019, the former administration in Zambia placed KCM under the control of a liquidator, starting the continuing legal battle with Vedanta …

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