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Africa Loses Shine in Global Mining Investment Race

Africa’s once-promising allure for mining exploration has dimmed considerably, according to the latest Fraser Institute Survey of Mining Companies. The continent now houses the most jurisdictions ranked at the bottom of the global attractiveness index, raising concerns about policy uncertainty and environmental regulations. While rich in mineral wealth, numerous African …

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FQM heeds Presidential skills development call

First Quantum Minerals (FQM) has pledged its support for President Hakainde Hichilema’s call to advance skills development in mining communities to combat unemployment. President Hichilema urged mining companies like FQM, which operates Kansanshi mine in Solwezi and FQM Trident in Kalumbila, North-Western Province, to prioritise skilled locals for employment opportunities …

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Lumwana, VoltVision partners to monitor electric perfomance

Barrick’s Lumwana Mine in Zambia has partnered with VoltVision to gain a deeper understanding of its power performance, both at site and group level. VoltVision’s solutions have enabled the Lumwana operations team to monitor the electrical performance of the processing plant. According to the company, the partnership will improve efficiencies …

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Zambia EITI Online Fusion portal goes live

Zambia Extractive Industry Transparency Initiative (ZEITI) new Zambia EITI Online Fusion portal is now live. The portal provides a new era of open access to information and data about Zambia’s mineral resources for all stakeholders and the public. “Zambia EITI is delighted to confirm that our new Zambia EITI Online Fusion …

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IMF applaud efforts to restore debt sustainability

The International Monetary Fund (IMF) has applauded the government for implementing an ambitious economic reform program. According to the IMF, the program aims to restore fiscal and debt sustainability, create fiscal space for much-needed social spending, and strengthen economic governance and transparency. The economic reform program is supported by US$1.3 …

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