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South Africa’s Govt Approves new laws to open up Electricity market 1 Electricity International 

South Africa’s Govt Approves new laws to open up Electricity market

Constance
South Africa’s cabinet approved a bill on electricity regulation designed to clear the path for private generation projects and power trading. State-owned Eskom has provided more than 90% of electricity used by the most industrialized nation on the continent for a century. The Electricity Regulation Amendment Bill outlines an entity to buy power as a step toward establishing a competitive market. The Draft Electricity Amendment Bill has been approved for submission to parliament and will be prioritized, Minister in the Presidency Khumbudzo Ntshavheni told reporters in Pretoria, the capital, on… Read More Here
Barrick Gold, PNG ink new deal to restart Porgera Mine 2 Gold International 

Barrick Gold, PNG ink new deal to restart Porgera Mine

Constance
The Porgera gold mine in Papa New Guinea (PNG), halted since 2020, is closer to resuming operations as the country’s government, Barrick Gold’s local subsidiary and New Porgera have inked a new deal to speed up the mine restart. All parties agreed on the New Porgera Progress Agreement (NPPA) on Thursday 30th March, which includes filing for a special mining lease to reopen Porgera. “It’s been a long journey but in the process we have secured the buy-in of all the stakeholders,” Barrick’s chief executive Mark Bristow said. “The reopening of the mine… Read More Here
Hitachi begins Machinery Part Remanufacturing in SA 3 Mining Equipment 

Hitachi begins Machinery Part Remanufacturing in SA

Constance
Hitachi Construction Machinery is embarking on the production of remanufactured parts for construction machinery, such as medium to large sized hydraulic excavators and medium sized wheel loaders, in March 2023 at Hitachi Construction Machinery Southern Africa. In addition to parts remanufacturing for mining machinery conducted in Zambia from 2012, Hitachi says its target will be expanded to construction machinery to strengthen the parts remanufacturing business in Southern Africa. This operation is set to also contribute to reducing environmental impacts and realising circulating society through further reduction in CO2 emissions and industrial… Read More Here
ZCCM-IH Shareholders Approve the Kansanshi Royalty Transaction   4 Mining in Zambia Copper Gold Mining revenue 

ZCCM-IH Shareholders Approve the Kansanshi Royalty Transaction  

Constance
ZCCM Investments Holdings Plc (ZCCM-IH) shareholders have approved the Kansanshi royalty conversion where the Company will now receive 3.1% of Kansanshi Mining Plc’s (Kansanshi) total revenue. The royalty revenue will be paid on a quarterly basis over the entire life of the mine of Kansanshi that currently extends to the year 2045. The approval was given at the Shareholder’s Extraordinary General Meeting (EGM) held in Kitwe on 31st March 2023. The royalty income stream replaces the former model of unpredictable and unguaranteed dividend pay-outs. These were made at the discretion… Read More Here
Zambia’s Gold production drops by 38% 5 Gold Mining in Zambia 

Zambia’s Gold production drops by 38%

Constance
Zambia’s 2022 annual Gold Production has dropped from 2,432 metric tons produced in the previous year 2021 to now 1,515 metric tons produced in the year 2022. According to a consolidated mineral production report obtained by the Zambian Business Times –ZBT, the 2022 reduction represent 917 metric tons. The drop is largely attributed to lack of traction by the mines ministry to formalize known artisanal mining activities and failure to timely re-open Kansenseli and Mumbwa Gold Mines among others. At a time when gold mining is supposed to have been… Read More Here
Zambian Mines Contribute 80% to FQM's 2018 Copper Production 6 Copper Mining in Zambia 

Zambian Mines Contribute 80% to FQM’s 2018 Copper Production

Constance
The Kansanshi and Kalumbila-Trident copper mines in Zambia were highly profitable in 2018, generating about US$3 billion in revenue. The Canadian-based First Quantum Minerals (FQM) group, which operates both mines, produced a total of 606,000 tonnes of copper that year, with the Zambian-based operations contributing about 80% of the total output. FQM president Clive Newell reported that the group had recorded a 6% increase in copper production compared to 2017, with Kansanshi contributing 252,000 tonnes and Kalumbila-Trident contributing 224,000 tonnes. Together, the two Zambian mines produced 476,000 tonnes of copper… Read More Here
CAREER OPPORTUNITY - ARTISAN RIGGER | MINING CAREERS AT MOPANI | ZAMBIA 7 Copper Mining Careers Mining in Zambia 

CAREER OPPORTUNITY – ARTISAN RIGGER | MINING CAREERS AT MOPANI | ZAMBIA

Constance
To apply, use this link  Email: [email protected] Mopani Copper Mines Plc has operations in Mufulira and Kitwe on the Copperbelt Province in Zambia. The Company’s success has been as a result of its focused approach to improvement and the mutually beneficial relationship enjoyed with its stakeholders — an important sector of which is its employees. The Company seeks the services of an Artisan Rigger x 5 The successful candidate will be responsible for inspecting, replacing and installing new shaft steel infrastructure; guide rails, shaft steel sets (buntons, master sets and dividers) and… Read More Here
Barrick Steers Porgera Gold Mine Back Towards World-Class Production 8 Gold International 

Barrick Steers Porgera Gold Mine Back Towards World-Class Production

Constance
The government of Papua New Guinea, Barrick Niugini Limited and New Porgera Limited yesterday 3oth March signed an agreement to progress with the resumption of operations at the Porgera gold mine, which have been suspended since 2020.1 Porgera hosts an orebody with measured and indicated resources of 10 million ounces2 and inferred resources of 3.4 million ounces.2 After initial ramp up and optimisation of the Wangima pit, the mine is forecast to produce an average of 700,000 ounces per year, achieving a milestone towards its potential Tier One3 status. The New Porgera Progress… Read More Here
Mopani Women in Mining Business Forum & Exhibition 2023 9 Mining in Zambia Events & Expos 

Mopani Women in Mining Business Forum & Exhibition 2023

Constance
“My clarion call is not that we offer women in mining the opportunity to be equal, but that we offer them the opportunity to be exceptional”, Dolika Banda, ZCCM-IH Board Chairperson The Mopani Women in Mining Business Forum & Exhibition event successfully kicked off at Garden Court Hotel in Kitwe today. The event is a first of its kind in Zambia and aims at enhancing networking and strengthening the business linkages for women operating in the mining sector. The event which has attracted women from various sectors of the mining… Read More Here
DRC to procure $17M worth of equipment for Kipushi zinc Mine's 2024 relaunch 10 Mining in DRC Mining Equipment 

DRC to procure $17M worth of equipment for Kipushi zinc Mine’s 2024 relaunch

Constance
The Swedish Epiroc, world specialist in mining equipment, announced on March 23 the signing of a contract for the benefit of the Kipushi zinc, copper, germanium and silver mine in the province of Haut-Katanga.  These are several loaders, mining trucks and drills worth $17 million ordered by the mining contractor JCHX Mining and Construction, reports Agence Ecofin. These different pieces of equipment are equipped with an intelligent performance and productivity monitoring system, as well as a tool that allows them to be controlled remotely.  Automation plays a growing role in… Read More Here

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