Manara, a joint venture between Saudi mining company Ma'aden and the $925-billion Public Investment Fund, is in advanced discussions to purchase a 15% to 20% equity share in the Zambian operations. The stake is …
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The Zambian town of Kabwe hosted one of the world's biggest lead mines for many decades and scientists have reported "alarming" levels of lead in people's blood. (Stock Image).
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The unit - International Resources Holding (IRH) - is racing to broaden its burgeoning copper mining business in Zambia after buying a 51% stake in Mopani Copper Mines in a deal worth $1.1 billion. IRH said last month it planned to bid for a stake owned by EMR Capital in Lubambe Copper Mine, which is also for sale.
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The government's strategy comes as several major mining companies are investing heavily in Zambian copper projects. Barrick Gold Corp, First Quantum Minerals, and China Nonferrous Mining Corp are all expanding their operations, while the Konkola and Mopani copper mines, controlled by Vedanta Resources Ltd. and Abu Dhabi's International ...
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Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111
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C anadian miner First Quantum Minerals Ltd. said on Monday it plans to expand operations at the Kansanshi mine in Zambia, Africa's biggest copper mine.. In a technical report, the company said it plans to expand the sulphide ore processing facility at the Kansanshi mine by 25 million tonnes per annum (mtpa), which will boost annual throughout to 52 mtpa.
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Zambia has signed a deal with a US-based Kenyan investor after a Jeff Bezos-backed firm discovered large copper deposits.
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First Quantum Minerals FM.TO is in talks with potential partners for its Zambian assets, the Canadian miner said on Wednesday, without disclosing names of the firms. Last week, Reuters reported that Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in First Quantum's Zambian copper and nickel assets, citing three ...
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Find out why all eyes were on Zambia, just halfway through Day 1 of last week's Mining Indaba, and what Zambian attendees had to say about the event. Thanks to the teams from ZCCM IH, KPMG Zambia,... Find out why all eyes were on Zambia,...
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Day 1 of the event was only halfway through, and all eyes were on Zambia. Mining for Zambia asked attendees at the bustling Zambia pavilion about the types of partnerships they sought at the event and how, ultimately, these would help to get Zambia's minerals out of the ground, beneficiated, and put to work in developing the country. ***
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Kenya's Mining Act allows for the granting of prospecting and mining rights within national parks, subject to the provision of consent by the Cabinet Secretary in charge of wildlife conservation ...
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Kenya, Zambia, Tanzania. Power, Strategy & risk. ... Zambia shelves minerals law reforms after mining companies protest. Zambia. Resources. Issue 514 - 09 October 2024 Zambia revives plan for tariff hike, as drought conditions continue to bite ... Muntanga uranium feasibility study expected, as GoviEx eyes Zambia expansion. Zambia. Power ...
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Zambia's government intends to keep ownership of some mining licenCes that are shown to be promising by an ongoing mapping exercise and invite private investors to develop the assets alongside ...
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Chinese technology giant Huawei rewarded 18 Kenyan students last week after they emerged winners of the Huawei ICT Competition 2023-2024. The Huawei ICT Competition, initiated in 2015, comprises contests in the fields of cloud computing, networking, and innovation as part of a cooperative effort to enrich Kenya's ICT (information and communications …
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Find out why all eyes were on Zambia, just halfway through Day 1 of last week's Investing in African Mining Indaba, and what Zambian attendees had to say…
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Zambia is working on two mining reform bills that will be signed into law by its President once approved by the parliament after a muti-stakeholder consultative process, a senior government official said. ... MINING SLB eyes lithium mining opportunities in Egypt. MINING Indian miner Vedanta's shareholders, creditors clear way for five-way split.
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Mfikeyi is a seasoned mining professional with over 17 years of experience in industry. She worked on one of Zambia & Africa's largest copper mines, First Quantum's Kansanshi Copper-Gold mine in mining operations and the global …
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Scramble for African Copper: UAE Giant Eyes Vedanta's Zambian Crown Jewels. Evans Mumba June 11, 2024 Business, Copper, Features, ... The Zambian Mining Magazine (ZMM) is a premier source of news on mining developments in Zambia's most important industry. We provide in-depth coverage of mining projects and the personalities reshaping the ...
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First Quantum operates several significant mining assets in Zambia, including the Kansanshi and Sentinel copper mines and the Enterprise nickel mine. At Kansanshi, an expansion project is underway, targeting an increase in production to 277,000 tonnes annually by 2033, which would effectively double its output from 2023 levels.
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Zambia's Industrial Development Corporation (IDC_ has signed a deal with Kenyan tycoon Julius Mwale to support the development of smart cities, mining, … Zambian Mining and Agriculture …
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Mining for Zambia's Future. These efforts are addressing historical setbacks while utilizing mining as a lever for economic transformation. With advanced exploration, infrastructure projects ...
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With Zambia's ambitious target of reaching 3 million tons of annual copper production, partnerships with major mining firms, including Anglo American, are considered essential to achieving this ...
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Taifa Group eyes Zambian mining, energy markets. TAIFA Group chairman Rostam Aziz has met with Zambian President Hakainde Hichilema to discuss investment opportunities in the country's energy and mining sectors. During the meeting, President Hichilema said that his government is focused on securing Zambia's energy generation and supply ...
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KoBold is a well-funded upstart in Africa mining that has secured rights to Zambia's Mingoba deposit which was first discovered in 1979 by Anglo American. Anglo and a handful of other miners subsequently passed on exploiting the …
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The plaintiffs argue that tens of thousands of people living in Kabwe, a town around 150 kilometres (95 miles) north of the Zambian capital Lusaka, have suffered from lead poisoning, which can lead to brain damage and death.
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A new analysis of mining in Zambia for the past 100 years shows a clear historical link between levels of mining investment and wider economic development. This is the key conclusion of a paper, Copper Mining in Zambia – history and future, by Jackson Sikamo, Alex Mwanza and Cade Mweemba. It was published in June
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Nairobi -- Zambia's Industrial Development Corporation (IDC_ has signed a deal with Kenyan tycoon Julius Mwale to support the development of smart cities, mining, infrastructure, and agriculture. ... Zambia Inks Smart City Deal With Mwale As Bezos-Backed Firm Eyes Copper Mining. by AllAfrica News; June 4, 2024 [Capital FM] Nairobi -- Zambia's ...
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Jubilee Metals Crushes Quarterly Record with Chrome, Eyes Copper Expansion Boom. Evans Mumba January 23, 2024 Features, News, ... The Zambian Mining Magazine (ZMM) is a premier source of news on mining developments in Zambia's most important industry. We provide in-depth coverage of mining projects and the personalities reshaping the mining ...
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According to the Institute of Economic Affairs, if mining was fully exploited, Kenya could earn $3 billion (KSh 400 billion) annually or $78 billion (KSh 10.4 trillion) in 25 years.
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