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Glencore's output falls amid COVID Challenges 1 Copper Gold International Nickel Zinc 

Glencore’s output falls amid COVID Challenges

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Switzerland-based mining company Glencore saw the production of most of its minerals fall year-on-year (YoY) in 2021 as the COVID-19 pandemic continued to affect operations. The company saw falls in copper, zinc, lead, nickel, gold and silver production. The most significant drop was in lead, which declined by 14% YoY to 222,000 tonnes, followed by gold, which fell by 12% YoY to 809,000 tonnes.  However, the miner did see an increase in ferrochrome production output, which jumped by 43% to 1.46 million tonnes, and coal-coking, which rose by 20% to 9,100 tonnes. Despite… Read More Here
DRC: Kamoa Copper Phase 2 Mill 93% Complete, Commissioning Expected April 2022 2 Copper Mining in DRC New Mining Projects 

DRC: Kamoa Copper Phase 2 Mill 93% Complete, Commissioning Expected April 2022

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Kamoa Copper’s 3.8 million tonnes per annum (Mtpa) mill is 93% complete as of January 31, 2022. Concentrator hot commissioning to begin in April 2022, ending previous forecast of Q2 2022 and several months before the initial schedule. Hot commissioning involves introducing the first ore into the plant at a reduced feed rate to set equipment parameters and test performance. The feed rate is then regularly increased. Kamoa Copper continues to make significant progress on the construction of the Phase 2 mill, and the mill is expected  to be approximately 93% complete… Read More Here
DRC: Pollution of the Kasaï and Tshikapa rivers, the chances of repair are less (Expert) 3 Mining in DRC 

DRC: Pollution of the Kasaï and Tshikapa rivers, the chances of repair are less (Expert)

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After the pollution of the Kasai and Tshikapa rivers in July 2021 by alleged Angolan mining operators, the chances for the DRC to find compensation for the damage suffered are less, according to Dieudonné Musibono, Advisor to President Félix Tshisekedi in charge of the environment. Speaking on the subject, Dieudonné Musibono notes certain prerequisites which, to date, have not yet been fulfilled. “ Normally, when there is such a dispute, it is necessary to start by taking the samples, analyzing them in order to determine the nature and the quantity of… Read More Here
Zambian government to discuss Kalumbila MFEZ with FQM 4 Mining Companies Mining in Zambia 

Zambian government to discuss Kalumbila MFEZ with FQM

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First Quantum Minerals has welcomed Government’s decision to engage the mining firm in dialogue to designate the long-awaited Kalumbila Multi-Facility Economic Zone (MFEZ). The company believes the economic zone will bring about enhancement of local supplier competitiveness, not just in Kalumbila District, but in North-Western Province and beyond. First Quantum has invested over US$90 million in planning and development of Kalumbila Town. And the MFEZ application has been awaiting approval through a Statutory Instrument that will enable Kalumbila Town to realise its long-sought-after economic growth potential. Town growth has been… Read More Here
DRC: “Wolframite” production and exports generated USD 10.9 million between 2015 and 2019  6 Mining in DRC 

DRC: “Wolframite” production and exports generated USD 10.9 million between 2015 and 2019 

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The statistical yearbook of the Democratic Republic of Congo (2020 edition) informed that between 2015 and 2019, the country produced only 1,243.02 million tons of Wolframite. During the period under review, exports of this raw material to international markets amounted to 929.47 tons in four (4) years, note the data provided by the Ministry of Mines. The two coupled operations i.e. production and export of Wolframite generated the estimated revenue of US$10,938,746 million. Evolution of various operations carried out between 2015 and 2019 The year 2015 saw a production of… Read More Here
DRC: between 2015 and 2019, more than 5.9 million tonnes of copper were produced in the country 7 Copper Mining in DRC 

DRC: between 2015 and 2019, more than 5.9 million tonnes of copper were produced in the country

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Counted among the largest copper producing countries, the Democratic Republic of Congo (DRC) achieved an estimated production of 5,946,228.74 million tons during the period between 2015 and 2019. This is what the data from the DRC statistical directory (2020 edition) provides. According to the same source, during this period Congolese copper exports were valued at 5,799,364.75 million tonnes. However, the Ministry of Mines did not communicate on the revenue generated by this production. In 2020, the Congolese Government had set a copper production record with a production of around 1,601,218… Read More Here
Copper price rises as trade thinned by China holiday 8 Copper International 

Copper price rises as trade thinned by China holiday

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Copper prices rose on Tuesday as the dollar lost ground, but trading volumes were thin as markets in top metals consumer China were closed for the week-long Lunar New Year holiday. March delivery contracts were exchanging hands for $4.44 a pound ($9,768 a tonne) on the Comex market in New York, up 2.3% compared to Monday’s closing. “Trading will be relatively quiet throughout the whole week because of the Chinese New Year. But at the moment base metals are supported by benign equity markets and dollar pushing metals up,” said… Read More Here

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