Lumwana Mine
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%...By: Samantha Moolman
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.By: Jonathan Faurie
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...By: Petronel Smit
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...By: Liezel Hill
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.By: Jonathan Faurie
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...By: Liezel Hill
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.By: Natasha Odendaal
5th November 2010
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