AEL Mining Services (Z) Plc, MiningSeptember 26, 2019

AEL Mining revenue increases by 4.5% on account of exports at half year 2019
The Mufulira based explosives company’s AEL Mining Plc has posted a 4.5% increase in revenue on account of increased exports, according to a statement in the Company’s 2019 half-year financials.   However, the company also disclosed that the move towards exports was driven by weakened local demand following the loss of one of their largest […]

MiningSeptember 25, 2019

FQM pours ice on speculation
 First Quantum Minerals have announced that speculation around the potential sale of a minority stake in the company as well as a takeover bid or other change of control are immaterial at this moment, according to a SENS announcement.   “FQM is aware of speculation regarding a potential transaction involving Jiangxi Copper Co. Limited”, the […]

MiningAugust 1, 2019

FQM Q2 2019 Performance
First Quantum Minerals Ltd. is a Canadian based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016. First Quantum’s common shares are listed for trading on the Toronto Stock Exchange in Canada (symbol “FM”). Until 2016, First […]


Economy, MiningJuly 11, 2019

First Quantum Minerals announces the commencement of Copper Concentrate shipping at Cobre Panama
Mining Company rumps up as it focuses on Cobre FQM’s intentions of ramping up its output at its Cobre Panama mine were cemented at it announced that it had commenced Copper Concentrate shipping. The company announced on June 24 2019 that first shipment of copper concentrate from Cobre Panama had left port, according to a […]

AEL Mining Services (Z) Plc, MiningMarch 7, 2019

AEL Zambia – Explosive Analysis
AEL Zambia is a subsidiary company of AEL international and the major holding company is AECL Limited that is listed on the Johannesburg Stock Exchange in South Africa. In Zambia, 25% shareholding is publicly held through the Lusaka Stock Exchange (LuSE) and the other 75% is held by AEL international. The steady increase of copper […]

MiningFebruary 21, 2019

FQM gives with one hand; Offers to “Take” with the other
First Quantum Minerals Ltd, on Tuesday 20th February, announced that its Board of Directors had approved a final dividend of $0.005 Canadian Dollar per share in respect of the financial year ending December 31, 2018. This together with the interim divided announced earlier last year brings the total dividend paid to CDN$0.01 for the 2018 […]

Mining, Real EstateJanuary 12, 2019

How Land and Minerals Stimulate The Zambian Economy
In 1950, the People’s Republic of China published a land reform law on June 30th, 1950. Land expropriation and reallocation was a pivotal tool to fight the unequal distribution of wealth. Land was redistributed among all the classes of the people. This paved the way for China’s rise to a industrialized super power. The reform […]

MiningNovember 22, 2018

FQM 2017 Annual Review
2017 will be remember by Philip K.R. Pascall (Chairman & CEO) as the year FQM advanced its primary objectives. Philip and his team set out to achieve a record copper production, stronger operating performance, a better-structured balance sheet, and a massive copper project within months of commissioning. According to FQM’s 2017 Annual Report, the company […]

MiningOctober 26, 2018

Barrick Opts for Gold
Lumwana Copper Mine up for sale When the following statement was reported by the Financial Times, we knew something was brewing in the mining industry: “Our industry has been criticised for its short-term focus, undisciplined growth and poor returns on invested capital. The merged company will be very different. Its goal will be to deliver […]

AEL Mining Services (Z) Plc, MiningOctober 7, 2018

AEL Zambia Plc at Half Year 2018
On 28th September 2018, two announcements came out of SENS LuSe. The first was the notice to shareholders from the board of the Mufulira based AEL Zambia Plc in compliance with requirements of the Securities Act No. 41 of 2016 and the Listing Rules of the Lusaka Securities Exchange. The announcement was given that a […]