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Copper

Lumwana copper mine expansion on track

The expansion of Zambia’s Lumwana copper mine, with the construction of the new Chimiwungo pit, is progressing well, with equipment supplier Bateman Engineered Technologies’ (BET’s) bulk materials handling unit having delivered more than 90%...
27th April 2012
 
Copper

$50-million to be spent on exploration as part of Lumwana expansion

Gold miner Barrick Gold says it expects to spend about $50-million on exploration this year as part of a first-stage feasibility study for the expansion of its Lumwana copper mine.
9th September 2011
 
Mining in Zambia

Company to open another lab in Ghana, following Zambian project

Scientific analysis firm WearCheck reports that it has set its sights on West Africa, with another oil analysis laboratory scheduled to open in Ghana next year, following the success of its first Zambia plant.
9th September 2011
 
Copper

Revision of forecast reveals improved copper output

Market research house Business Monitor International (BMI) have over the past quarter made an upwards revision to their forecast for Zambian copper output for this year, increasing it to 913 000 t, up from 877 000 t.
9th September 2011
 
Zimec

Scientific analysis firm extends its Zambian footprint

Scheduled to open in July 2011, WearCheck’s Kitwe laboratory is strategically positioned to service the Copperbelt mining industry, but will also process oil samples from a range of other industries and plant hire companies throughout Zambia.
3rd June 2011
 
COPPER

New Lumwana production report highlights cost risks

TSX- and ASX-listed Equinox Minerals, which is in the process of being acquired by gold miner Barrick Gold in a C$7,3-billion cash deal, has reported that 2011 production guidance for its Lumwana mine, in Zambia, remained at 145 000 t of copper...
26th April 2011
 
M&A

Barrick seizes 'rare' chance to scoop up Equinox, positive on copper

Gold giant Barrick Gold has agreed to buy Equinox Minerals, a copper miner, in a C$7,3-billion cash deal that will at least double the group's production of the industrial metal, but CEO Aaron Regent said on Monday that the news did not suggest...
25th April 2011
 
Copper

After bagging Citadel, Equinox now pursues Lundin

Australian copper miner Equinox which increased its stake in Citadel Resources, a base metals and gold company with exploration projects in Saudi Arabia, to 90,59% in January, has announced a bid to take over Toronto-based Lundin Mining.
18th March 2011
 
COPPER

Equinox Q4 earnings rose to $92m from year-ago loss

Equinox Minerals, the copper producer that announced a hostile takeover for rival Lundin Mining, earned $91,98-million in the last three months of 2010, compared with a $27,47-million loss in the same period a year earlier. Equinox operates the...
10th March 2011
 
COPPER

Lumwana to produce 145 000 t in 2011 – Equinox

ASX- and TSX-listed Equinox Minerals expects its Lumwana mine in Zambia to produce 145 000 t of copper concentrate this year. This is after the mine produced 146 690 t of copper concentrate in 2010.
10th January 2011
 
FINANCIAL RESULTS

Equinox posts $71m profit, Lumwana output up

ASX- and TSX-listed copper producer Equinox Minerals, which operates the Lumwana mine in Zambia, returned to profit in the third quarter. Equinox, which made a A$1,25-billion bid for Citadel Resources, posted an after-tax profit of $71,2-million...
8th November 2010
 
Africa

Zambian mines powered up

South African compressor and generator rental company Rand-Air is following a strategic air and power rental expansion plan into other parts of Africa, including Zambia and particularly in the mining and industrial sectors, the company reports.
5th November 2010
 
 
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