Zimbabwe’s power utility ZESA Holdings will no longer charge mining houses tariffs below cost of production as it is struggling to service “ballooning power import debt.” Exporters, such as mining companies, will be charged $0.1063/kWh from August 1, ZESA executive chairperson Sydney Gata said in a letter to miners. Power

Anglo American CEO Duncan Wanblad on Thursday expressed delight at the energy announcement of President Cyril Ramaphosa, who has unveiled several far-reaching interventions, including a doubling in the allocation for the next renewables procurement round, an uncapping of the 100 MW licence-exemption threshold for distributed generators, and a proposal of

Swedish-Canadian businessman Lukas Lundin, the co-founder and former chairperson of the Lundin Group of Companies, has died at the age of 64, following a two-year battle with brain cancer. Lukas was the driving force behind the success of the Lundin Group, having started his career in the international energy and

The pilot world-first hydrogen haul truck launched early in the year, has had some final changes made to it before it heads into the pit and goes into operational mode from August. Meanwhile, the second prototype is already underway, where learnings from the first truck are being taken into the

ASX-listed Lucapa Diamond Company says a 170 ct pink Type IIa diamond, recovered from its Lulo alluvial mine, in Angola, is the largest pink diamond to be recovered in the last 300 years. The company and its partners Endiama and Rosas & Petalas have named the diamond the Lulo Rose.

Gemfields has reported record auction revenue of $330.3-million for the 12 months ended June 30. In a report on the company’s operating results and financial position for the period, released on July 27, Gemfields also reported $181.2-million in total auction revenues for the six months ended June 30, with all