Why investors are cautious of Glencore
Gary Nagle, CEO, Glencore INVESTMENT analysts attempting to parse the comments of Glencore’s fast-talking CEO Gary Nagle at the year-end results presentation in February had much to ponder. Listening to Nagle,…
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Trafigura-backed Congo cobalt miner scraps sale to Chinese firm
(Image courtesy of Chemaf) Copper and cobalt producer Chemaf Resources Ltd. has abandoned a deal to sell itself to Norin Mining Ltd., in a potential victory for US efforts to…
Copper price nears record as market braces for tariffs
Expectations that the US will add copper to the list of metals subjected to tariffs have send its price near record highs. The key industrial metal crossed the $5-a-pound mark…
Zambia’s ZESCO signs MoU with Mozambique’s EDM
Photo: ZESCO Zambia’s power utility ZESCO has today signed the Inter-Utility Memorandum of Understanding (IUMoOU) with Electricidade de Mozambique (EDM) of Mozambique for the Mozambique-Zambia Interconnector (MOZA). The signing took…
Global partnership boosts BME’s detonation solutions
Omnia company BME has signed a distributorship agreement for its blasting solutions business with Germany-based DynaEnergetics, further enhancing BME’s commitment to deliver future-fit solutions to its global customer base. At…
Mozambique: Governor of Manica urges reduction of damage caused by mining production
File photo: Noticias The unbridled exploration of gold in the district of Manica, in the province of the same name, has been causing environmental damage that puts public health, agricultural…
Mumbezhi mining licences granted
Prospect Resources Ltd has confirmed the granting of two LargeScale Mining Licences (LML) covering the entire land holding at its flagship Mumbezhi Copper Project (Mumbezhi) in north-west Zambia. The grant…
Zambia’s mining law overhaul
Understanding Zambia’s mining law overhaul—from the 2015 Mines and Minerals Development Act to the 2024 Minerals Regulation Commission Act The Mining sector, heralded to be the economic backbone of Zambia’s…
Acid spill from Chinese-owned copper mine contaminates vital waterway in Zambia
Kafue is the longest river lying wholly within Zambia. Credit: Wikipedia. A catastrophic waste spill from a Chinese-owned copper mine in Zambia has left local authorities and environmentalists fearing the…
The incredible African gold mine that was left abandoned in eerie ‘ghost town’
Gold Mines Now Dust As African Jobs Vanish In Decline Of Century© Getty This gold mine, at its peak, was one of the biggest mines in this African country and boasted of having…
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