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Tue 18 Mar 2008, 13:11 GMT
lpm.jpgLUSAKA (Reuters) – Zambia will construct a new coal-fired power station and scrap import duty for power-saving electric appliances in a bid to alleviate power shortages at copper mines, President Levy Mwanawasa said.
Mwanawasa said in remarks on state television late on Monday that he had instructed his finance minister to scrap and suspend some taxes on imported electrical appliances that use less power.

Zambia charges a maximum of 25 percent import duty and 16 percent value added tax (VAT) on various imported items.

“The government is looking at encouraging coal based electricity generation using the Maamba Coal Mine…but it will take many years for these efforts to produce increased capacity,” Mwanawasa said.

Officials say Maamba Collieries has coal reserves of around 78 million tonnes which can last for over 70 years.

Mwanawasa said Zambia will introduce cost-saving measures to encourage domestic users to trim consumption to enable state power utility Zesco provide adequate electricity to the copper mines, the country’s economic lifeblood.

Mwanawasa said power demand has been boosted by several new mines and industrial plants, among them the Lumwana copper mine, which is due to start producing 165,000 tonnes of copper per year in 2009 and a new nickel mine in southern Zambia.

Zesco data shows that it generates up to 1,000 MW of power compared to total national demand of 1,600 MW during peak hours from 6 a.m. to 6 p.m. Demand is expected to rise to 2,500 MW in the next five years.

Mwanawasa said Zesco had switched off ageing power generators for renovation in a bid to have increased capacity by March 2009.

“While this will help, I am afraid to say the overall supply-demand balance will remain tight because new sources of demand for energy have emerged and will continue to emerge,” he said.

Zesco has said it requires $2 billion in new power investments to meet national demand.

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AEL – A South African Manufacturer Of Explosives Now Listed On The Lusaka Stock Exchange …

 

FILL IT UP An AEL Zambia re-pump emulsion truck filling up at the company’s plant outside Mufulira

Picture by: AEL

FILL IT UP An AEL Zambia re-pump emulsion truck filling up at the company’s plant outside Mufulira

By: Jonathan Faurie

Commercial explosives manufacturing and distribution company, African Explosives (AEL) has made a long-term investment in the Zambian Mining industry by listing on the Lusaka Stock Exchange says AEL international business director Stuart Wade.

The listing was confirmed in October 2006, Zambian investors and employees currently hold 20% of the company’s shares.

Wade reports that Zambia has traditionally been a large business hub for AEL. During the 1990s there was a slow down in mining activities but renewed interest in the region has made AEL’s Zambian expansion more possible and there are now significant investment plans.

“The company is in the process of upgrading, investing, reconfiguring, and aligning itself around the growth in the market place,” says Wade. This investment will expand the companies regional presence in Central Africa. The investment is configured to deliver products, blasting solutions and develop long term partnerships with customers.

Wade says that AEL Zambia is in a position in Africa to support both itself and the region and feels that the Zambian operation has the biggest growth potential. Copper, which is abundant in Zambia, is in huge demand at the moment contributing to the fact that the Zambian and the Democratic Republic of Congo (DRC) operations are positioned to take part in the mining boom in the Central African region.

AEL has earmarked Zambia and the DRC as strategic growth areas for the company. Wade reports that the amount of money that is currently being invested in Zambia could be doubled when AEL DRC is fully established in the coming years. The company has achieved this growth through five board approved investment projects that are being executed in order to grow in Zambia.

Meanwhile, AEL has confirmed its involvement at Australian miner Equinox Minerals’ Lumwana mine in north western Zambia, reports Wade.

“This is by far one of the biggest greenfields projects that we have worked on to date,” says Wade.

The mine is 65 km west of the town of Solwezi. Equinox has acquired a large-scale mining license, which covers an area of around 1 355 km2, and includes two major copper deposits, Malundwe and Chimiwungo, as well as 27 exploration prospects.

The two copper deposits are 7 km apart, and will be mined sequentially by openpit mining methods. AEL reports that the mine design forecasts the extraction of 348-million tons of ore. Equinox has allocated land and amenities to mine supply partners to supply the mine, and plans to establish a town site to cater for up to 5 000 people.

AEL Zambia MD Wayne Du Chenne pointed out that the size of Lumwana, and the explosives needed to mine 20-million tons of ore a year, would require the erection of a bulk emulsion manufacturing plant on site to produce 3 000 t of bulk emulsion that will be required in the third year of the operation.

“Added to this, will be three to four mobile manufacturing units that will travel to the benches and deliver the emulsion down the hole. This infrastructure and capital equipment will require an investment of close to R30-million by AEL,” Du Chenne reveals.

Wade explains that the company has already been through the preparation phase of the project and is currently commencing with the building of magazines and civil work on the bulk emulsion plant. Once completed, AEL will have a bulk explosives manufacturing plant within the mine’s light industrial area Wade reports that once the site is fully functional it will conform to all the client’s requirements from the international fire protection standards to the environmental protection requirements.

Wade reports that the construction phase to bring the plant to full capacity will be completed by the first quarter of 2008.

Wade says the contract between AEL and Equinox will cover a period of ten years. While not disclosing the value of the Lumwana contract, he commits that the company’s Zambian operation faces even further expansion.

AEL is further positioning itself to start explosives supply to First Quantum Minerals, frontier mine in the DRC. The mine is still in the early stages of its development with pre-stripping and establishment of the mine is currently in progress.

He reports that the changing legislative environment, taxes, duties and logistics are the biggest challenges that the company faces in Africa.

Wade adds that the industry-wide lack of skilled labour is a concern for AEL. “AEL is currently manning itself up with competent people from each region who are able to work in the highly technical environment of explosives,” says Wade.

Wade feels that skills transfer is a key area that AEL has been focusing on as part of its long term strategy, “when we enter into new projects in Zambia we use the existing employees and structures to man up the projects. This provides excellent opportunities to grow local skills and competencies for future business growth,” he says

AEL also runs businesses in Ghana, Botswana, Zimbabwe, Ethiopia, Tanzania, Mali, Guinea, and Burkina Faso.

“AEL has set up business hubs in Central, Eastern, and Western Africa to service the needs of clients outside of South Africa,” Wade concludes.

Just how can the North Koreans teach our U-20 Chipolopolo Boys umupila? But that’s what we are being told they br-01-2.jpgwill offer expertise in. The North Koreans are nowhere in Canada where the best of the best have just advanced to the semi-finals and they will come to Zambia to offer technical expertise in “sports” we are told. Zambia beat Uruguay by 2 to nothing having drawn with Jordan earlier.

 

Our lads are doing just fine and thanks for asking but if it ain’t broke don’t fix it; so do the Texans say and I don’t think we need our cheer leaders from somewhere else because our Chipolopolo fans did a fabulous job both in Vancouver and Toronto.

What we need is to shun these North Koreans at all costs and our good top diplomat Honorable Lupudo Mwape can just tell them that we ain’t looking for new friends we are doing just fine with the ones we got …

We would hate to wake up some day and the world has been embroidered in a nuclear holocaust with North Korea at the helm using Zambian uranium … thanks a trillion

Brainwave R Mumba, Sr. 

CEO & President – Zambian Chronicle 

Copyrights © 2007 Zambian Chronicle.  All rights reserved. Zambian Chronicle content may not be stored except for personal, non-commercial use. Republication and redissemination of Zambian Chronicle content is expressly prohibited without the prior written consent of Zambian Chronicle. Zambian Chronicle shall not be liable for any errors, omissions, interruptions or delays in connection with the Zambian Chronicle content or from any damages arising therefrom.

Zambian Chronicle is a wholly owned subsidiary of Microplus Holdings International, Inc. 

Copyrights © 2007 Microplus Holdings Int., Inc.

br-01-2.jpg North Korea is the last Stalinist state on earth, and the latest country to join the nuclear club. Secretive, isolated, heavily militarized and desperately poor, it took steps in the 1990s toward thawing relations with South Korea, but has spent much of the last few years in a still unresolved set of negotiations with its neighbors and the United States over its nuclear program.

North Korea has taken a consistent anti-Washington line since its creation in 1948, denouncing both the United States and South Korea as a puppet of the west. Since the end of the Korean War in 1953 the North has not attacked its neighbor, but to this day keeps large concentrations of troops and artillery focused on Seoul, and has regularly engaged in provocations like kidnappings, submarine incursions and missile tests over the Sea of Japan.

The country’s founder, the so-called Great Leader, Kim Il-sung, was succeeded at his death in 1994 by his son, the “Dear Leader,” Kim Jong-il, an eccentric playboy invariably seen (in his few public appearances) in platform shoes and a khaki jumpsuit.Read More… In 1994, North Korea reached an agreement with the United States to shelve its nuclear program. In 2002, President Bush included Pyongyang in the “axis of evil,” and American officials charged later that year that North Korea had violated the earlier agreement.

Pyongyang declared the agreement void and expelled international nuclear inspectors. China joined with the United States, South Korea, Japan and Russia for what became known as the six-party talks.

In 2005, an agreement was reached and then scuttled by North Korea, angered by an American-led crackdown on banks doing business with it.On Oct. 9, 2006, North Korea set off a nuclear device – a small one, which apparently did not detonate completely, according to experts on seismic recordings. Governments around the world condemned the blast, including China, which has been Pyongyang’s chief protector for decades.

In a policy shift, American officials agreed to meet with North Korea for one-on-one talks concerning the financial crackdown.In February 2007, an agreement was reached under which North Korea would shut down its plant at Yongbyon, at which it had manufactured nuclear bomb fuel, in return for shipments of fuel oil.

Early deadlines for action under the agreement came and went, with North Korea charging that funds from frozen bank accounts had not been returned. But after the funds made their way back to Pyongyang after a complicated series of transactions, the government announced in June 2007 that it was allowing international inspectors to return. – Ford Burkhart, May 31, 2007… thanks a trillion

Brainwave R Mumba, Sr. 

CEO & President – Zambian Chronicle 

Copyrights © 2007 Zambian Chronicle.  All rights reserved. Zambian Chronicle content may not be stored except for personal, non-commercial use. Republication and redissemination of Zambian Chronicle content is expressly prohibited without the prior written consent of Zambian Chronicle. Zambian Chronicle shall not be liable for any errors, omissions, interruptions or delays in connection with the Zambian Chronicle content or from any damages arising therefrom.

Zambian Chronicle is a wholly owned subsidiary of Microplus Holdings International, Inc. 

Copyrights © 2007 Microplus Holdings Int., Inc. 

http://topics.nytimes.com/top/news/international/countriesandterritories/northkorea/index.html?excamp=OVGNnorthkorea

brainwave-sr-001-3.jpgRecent reports in the Zambian media that our own Zambian Enterprise has signed a communiqué with North Korea is not only disturbing but also flabbergasting …

NO DEAL IS A GOOD DEAL WITH NORTH KOREA DESPITE THE NEW DEAL!!!!

Firstly, North Korea has nothing to offer our beloved enterprise and even if they did, they are not a kind of companion we should be identified with as a nation.

Mr Shakafuswa is quoted as saying … “North Korea was willing to provide technical assistance to Zambia by training Zambians in agriculture, construction, information technology and sports. 

Secondly, North Koreans are starving and are currently asking for food and energy from western countries in exchange for nuclear disarmament, so how are they going to train our own nationals in agriculture?

Thirdly, a visit to Pyongyang shows a great contrast with a visit to SeoulSouth Korea. The two are worlds apart in terms of infrastructure development; so what are the North Koreans going to teach our people in the area of construction?

Fourthly, what information technology would come out of North Korea when they still have not fine-tuned even their short, medium and long range missile technology which expertise seems to be the only viable one they have … and what major sports on a global scale do the North Koreans champion? 

Lastly, the Zambian Enterprise is truly in a hurry to develop but we need to choose our friends wisely using a high level of meritocracy instead of sheer mediocrity … North Korea is a rogue nation with nothing to offer us and the only thing one would ever think of is their interest in our uranium which exists in abundant supply.

This could by far be the greatest driving national interest on their side and Zambia should shun them at all costs. You are measured by what company you keep and we urge the government to reconsider this so-called New Deal.

We would hate to wake up some day and the world has been embroidered in a nuclear holocaust with North Korea at the helm using Zambian uranium … thanks a trillion

Brainwave R Mumba, Sr. 

CEO & President – Zambian Chronicle 

Copyrights © 2007 Zambian Chronicle.  All rights reserved. Zambian Chronicle content may not be stored except for personal, non-commercial use. Republication and redissemination of Zambian Chronicle content is expressly prohibited without the prior written consent of Zambian Chronicle. Zambian Chronicle shall not be liable for any errors, omissions, interruptions or delays in connection with the Zambian Chronicle content or from any damages arising therefrom.

Zambian Chronicle is a wholly owned subsidiary of Microplus Holdings International, Inc. 

Copyrights © 2007 Microplus Holdings Int., Inc.