Panorama Security explains the risks particular to mines in Zambia.
Panorama Security has been in existence for 19 years and currently employs in excess of 3,000 people. Can you highlight the company’s role and key services in the Zambian mining sector?
About half our business sits in the extractives sector. Our service lines include static and mobile guarding solutions, canine solutions, and armed security solutions, although this service is only supplied in very specific applications. We supply electronic security solutions that include CCTV, access control perimeter management systems and we supply Alarm Systems for various applications. Panorama supplies secure escort services predominantly providing secure logistics for the extractives sector when moving their product across Zambia and the region. Panorama believes that security is driven by threat and risk and therefore provides customer access to threat and risk audit services and target hardening evaluations as routine.
What are the most significant security risks facing the Zambian mining sector today? Continue reading
Zambia’s mining industry is showing robust health despite difficult years of low prices, power shortages and fiscal uncertainties.
By Lindsay Davis
Long lauded as one of the more peaceful nations in the Southern Africa region, Zambia’s historic association with political stability has undoubtedly contributed significantly to its attractiveness as a destination for foreign investment. When the late 1990s ushered in the privatization of the nation’s mining industry, copper production increased from 300,000 mt/y to a projected 800,000 mt/y by the end of 2017. Sustained international interest in Zambia’s wealth of resources in tangent with rising copper prices facilitated the country’s rise as a globally significant player in the commodity marketplace. Over the years, the nation’s geological prospectivity has drawn the attention of the likes of De Beers and Anglo American, and with the names of these powerhouses once again in the air, Zambia’s future appears to have taken on the luster of its famous emeralds. Continue reading
MACIG Connect Series
C&B Engineering speaks to GBR of the challenges facing the processing industry in Zambia.
C&B Engineering began operations in 1991. What is your role in the mining sector and how have you seen the industry evolve?
C&B Engineering is a mechanical engineering company specializing in process engineering. Like many other local engineering firms, we have been active in the copper/cobalt processing stream by providing the miners with plants and equipment for leaching, concentrating, smelting and refining of the minerals. We have found ourselves supporting the mining companies through contractual works despite the stiff competition from foreign based companies that are preferred by the mine owners. The mining sector has witnessed several phases of transformation from public to private ownership with the privatization and eventually new players have joined in. There are now a lot more large scale mining companies mining copper.
How far has Zambia come in terms of extracting the full worth of its mineral resources through value adding initiatives? Continue reading
MACIG Connect Series
First Quantum derives the majority of its revenues from its Sentinel mine in Zambia which it is bringing to nameplate capacity.
Can you highlight the significance of First Quantum’s projects in Zambia to the company’s global strategy?
Zambia clearly remains strategically important to First Quantum. As a group we have diversified into Central and South America, but in the medium-term, Zambia will remain an important partner for us; not only because the majority of the company’s revenue stems from Zambia but also because the heritage of the company is deeply seated in this jurisdiction. Our immediate focus in Zambia is on Sentinel mine and its ramp-up to its nameplate capacity. Eventually, this will see it producing between 280,000 and 300,000 tonnes of copper per annum (mt/y). We will also continue to advance the towns and multi-facility economic zones associated with our Zambian mines in order to promote diversification and the development of the communities in which we operate.
Are there any particular infrastructure projects that you see as pivotal in bringing the Zambian mining sector forward? Continue reading
Surveys for this new phase of exploration will be completed in 2016.
Zambia’s mining operations have been predominantly focused on the Copperbelt region, but due to its abundance of mineral wealth the country is keen on diversifying its focus. What else does the ministry hope to develop?
Hon. Christopher Yaluma (CY): Zambia has been mining copper for over eighty years, and the ministry realizes that this will eventually be a diminishing asset. The long list of minerals Continue reading
Kings of Copper Part 2: An exclusive look at investing in DRC and Zambia (Dual Cover Edition).
Country: DRC & Zambia • Industry: Mining • Publication: Pre-Release • Release Date: October 2015 • Authors: Molly Concannon and Nathan Allen.
The Central African Copperbelt is home to one of the world’s largest copper and cobalt resources. The 450-kilometer strip extends from Zambia’s Copperbelt province through the Democratic Republic of Congo’s (DRC) mineral-rich Katanga province. While the geological wealth of both nations is beyond doubt, there are Continue reading
MACIG Connect Series
Throughout Africa there is a substantial infrastructure deficit and access to capital remains challenging. How will future large development projects be financed and what role will private equity funds play?
Jason Kazilimani Jr. (JK): Looking at the case of Zambia, over the past three years, funding for infrastructure has mostly come through borrowing, either in the form of direct loans from other Continue reading