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HEAVY DUTY MECHANIC | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 1 Uncategorized 

HEAVY DUTY MECHANIC | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Maintenance| Requisition number: 094661| Location: Lumwana Mine, Kalumbila Zambia. | Report:  Shift Supervisor-Shovels Apply now Position: Heavy Duty Mechanic Lumwana Mine, Kalumbila, Zambia. Reporting to: Shift Supervisor – Shovels Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the North Western region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km south west of the provincial capital of Solwezi. The mine is a multi-pit, multi staged operation mining approximately 100MT of ore and waste per annum and producing copper concentrates containing an average… Read More Here
BOILERMAKER | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 2 Mining Careers Mining in Zambia 

BOILERMAKER | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Maintenance| Requisition number: 094663| Location: Lumwana Mine, Kalumbila Zambia. | Report:  Supervisor-Shift Apply now Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the North Western region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km south west of the provincial capital of Solwezi. The mine is a multi-pit, multi staged operation mining approximately 100MT of ore and waste per annum and producing copper concentrates containing an average of 120,000 tonnes of copper metal per year over a twenty (20) year mine life,… Read More Here
BME’s AXXIS Titanium™ initiates record blast in SA 3 Mining technology 

BME’s AXXIS Titanium™ initiates record blast in SA

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Another record-breaking blast has been notched up by Omnia Group company BME using its latest generation AXXIS Titanium electronic detonation system. The blast of 5,209 detonators was conducted recently at a chrome mine in South Africa’s North West province, according to Tinus Brits, BME’s Global Product Manager – AXXIS. Brits highlighted how the enhanced features of AXXIS Titanium allows mines to respond quickly and easily to raised production demands. “While a record blast is always an achievement to be celebrated, this was a standard production blast requiring nothing different or… Read More Here
BHP warns of difficult outlook for iron ore 4 Iron Ore International 

BHP warns of difficult outlook for iron ore

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BHP, the world’s biggest mining company, has warned investors of an increasingly troubling outlook for its iron ore business due to the proposed easing of border restrictions in Western Australia (WA). In an operational review, BHP said that the planned reopening of WA’s borders on 5 February was likely to “introduce some short-term disruption to the operating environment as the Covid-19 pandemic evolves in the state”. BHP joined rival mining giant Rio Tinto in warning of further disruptions from Covid-19, including labour shortages, and said that the impact of the… Read More Here
DRC: as of September 1, 2020, more than USD 66 million has been mobilized for mining royalties in Lualaba 5 Mining in DRC 

DRC: as of September 1, 2020, more than USD 66 million has been mobilized for mining royalties in Lualaba

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In the 2018, 2019 and 1st Semester 2020 softened report of the Extractive Industries Transparency Initiative (ITIE DRC), it is indicated that all mining companies located in the province of Lualaba paid the sum of 66,623,565, 69 million US dollars in two and a half years to the Congolese public treasury. Surveys conducted by the Extractive Industries Transparency Initiative during the period under review indicate that in 2018 all mining companies in Lualaba province paid US$12,712,169.87 million to the Congolese public treasury. . It should be noted that these figures… Read More Here
DRC: The experience of SICOMINES SA with the Busanga dam to be capitalized in the 217 hydroelectric sites of the DRC 6 Mining in DRC Energy 

DRC: The experience of SICOMINES SA with the Busanga dam to be capitalized in the 217 hydroelectric sites of the DRC

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A group of mining experts suggested capitalizing on the experience of the Sino-Congolese Mining Company (Sicomines SA) with its Busanga dam, in improving the energy production of the 217 hydroelectric sites of the Democratic Republic of Congo (DRC). These experts indicate in the publication of their research that the Sino-Congolese cooperation remains more active and reassuring messages from President Félix Tshisekedi sent to investors contribute strongly to improving the business climate in the Democratic Republic of Congo. On the other hand, they revealed two recent events which marked the Chinese… Read More Here
Copper price rises on stimulus hopes in China 7 Copper International 

Copper price rises on stimulus hopes in China

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The copper price rose on Wednesday, supported by expectations of further policy easing in China. March delivery contracts were exchanging hands for $4.48 a pound ($9,856 a tonne) on the Comex market in New York, up 2.3% compared to Tuesday’s closing. The most-traded March copper contract on the Shanghai Futures Exchange was steady at 70,050 yuan ($11,026.46) a tonne. China, the world’s biggest buyer of metals, has been mired in a property market slump, credit stress and repeated virus outbreaks. In response, the central bank this week cut its policy interest rate for… Read More Here
ECUADOR, A BECOME MINING PROVINCE? 8 Mining in DRC 

ECUADOR, A BECOME MINING PROVINCE?

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Equateur Province is known as a major supplier of timber in the Democratic Republic of Congo and abounds in dense forest. In this period of global warming, where the DRC is considered a solution country by its forest, most of which is located in the Equateur Province, information informs about the existence of several indices of mineral substances in this Province and this, in all of its Territories including Basankusu, Bikoro, Bolomba, Ingende and Lukolela. These indices include the commodities below; Gold, Diamond, Coltan, copper.It is within this framework that… Read More Here
Signing ceremony: the allocation of 0.3% of the turnover of mining companies for the benefit of local communities. 9 Mining in DRC 

Signing ceremony: the allocation of 0.3% of the turnover of mining companies for the benefit of local communities.

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The great satisfaction of two ministers for the day’s event was to finally see local communities impacted by mining projects benefit from substantial financial benefits for their development. A salutary measure which thus puts an end to the paradox “DRC-very rich country with a very poor population”. The endowment of 0.3% for the benefit of local communities will generate significant financial resources that require orthodox management under the supervision of a specialized body with legal personality. For better monitoring and evaluation of this management, a procedure manual is planned, which… Read More Here
Gold near highest since November as traders seek inflation hedge 10 Gold International 

Gold near highest since November as traders seek inflation hedge

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Gold held near the highest level in almost two months amid demand for an inflation hedge, while the bond market sell-off stalled and US equities continued to retreat. President Joe Biden said it’s the Federal Reserve’s job to rein in the fastest pace of inflation in decades, and supported the central bank’s plans to scale back monetary stimulus. The yield on 10-year Treasuries slipped from the highest level since January 2020, while the S&P 500 fell 1% Wednesday. Geopolitical tensions are also supporting demand for the haven asset. Biden said he thinks Vladimir Putin… Read More Here

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