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Epiroc launches Mobius for Drills, a data hub for mine operations 1 International Equipment & Technology Mining technology 

Epiroc launches Mobius for Drills, a data hub for mine operations

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Epiroc, a leading productivity partner for the mining and infrastructure industries, in partnership with ASI Mining LLC, introduces Mobius for Drills, a new platform to convert data into useful, actionable information. Mobius for Drills will lead mines toward automation and connectivity. Featuring embedded artificial intelligence, the user-friendly Mobius system enables multi-vehicle command, control and monitoring to maximize productivity and safety. “We think of it as a tool to directly support making quick and effective interrelated decisions. Mines can get greater productivity and economies of scale as a single operator controls… Read More Here
Tesla signs $1.5 billion deal for nickel from Talon Metals’ Minnesota project 2 Nickel International 

Tesla signs $1.5 billion deal for nickel from Talon Metals’ Minnesota project

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Tesla on Monday said it has signed its first US supply deal for nickel, tapping Talon Metals Corp’s Tamarack mine project in Minnesota. Under the terms of the deal, which Talon (TSX:TLO) said came after “extensive and detailed” due diligence and “lengthy negotiations,” Tesla will buy 75,000 tonnes (165 million pounds) of nickel over six years, with an option to increase the delivered tonnage. Based on the ruling nickel price the deal is nominally worth more than $1.5 billion. Any iron and cobalt by-products at the proposed mine are also part of the deal.… Read More Here
Supply squeeze risks are pushing lithium price higher and higher 3 Battery Metals International Lithium 

Supply squeeze risks are pushing lithium price higher and higher

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Lithium has burst into 2022 with a fresh price spike that hands electric-vehicle makers more warning of even sharper cost pressures to come. Supplies of the mainstay battery material face a series of near-term risks that threaten deeper shortages just as demand accelerates with rising global EV adoption. An already-tight market is being roiled by everything from plant maintenance and Winter Olympics curbs in China, to  pandemic-related labor shortages in Australia.  That’s set to ratchet up the squeeze on EV manufacturers after a year that saw global lithium prices almost… Read More Here
DRC: copper, zinc, gold and silver on the rise in the market during this week from January 10 to 15, 2022 4 Copper Gold Mining in DRC Zinc 

DRC: copper, zinc, gold and silver on the rise in the market during this week from January 10 to 15, 2022

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The main export minerals from the Democratic Republic of the Congo are on the rise on the international market during this week from January 10 to 15, 2022, according to projections by experts from the National Mercurial Commission, a department of the Ministry of Foreign Trade. . Copper is trading this week at $ 9,706.40 per tonne versus $ 9,600.50 last week, a positive price spread of $ 105.9. Zinc is also up to $ 3,624.40 per tonne from $ 351.65 last week, showing a positive price differential of $… Read More Here
Tesla sold a record 70,847 China-made vehicles in December 5 Battery Metals International 

Tesla sold a record 70,847 China-made vehicles in December

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U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Association (CPCA) showed on Tuesday. Tesla’s December sales, which included 245 for export, were almost three times the amount achieved in the same month last year and 34% higher than November’s sales.  It also brought Tesla’s total sales of China-made cars for last year to at least 473,078, according to Reuters’ calculations of CPCA’s data, which prior to April did… Read More Here
Kagem optimistic about Zambia’s gemstone future 6 Gemstones Mining in Zambia 

Kagem optimistic about Zambia’s gemstone future

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Gemstone miner Kagem Mining has reinforced the Zambian government’s optimistic outlook for the future of Zambia’s gemstone and wider mining sector. Kagem on January 7 hosted Mines and Minerals Development Minister Paul C Kabuswe at its mine site in Lufwanyama as he toured the gemstone-rich district to gain a better understanding of the operations and activities in the area. The Kagem emerald mine is 75%-owned by London-listed Gemfields, in partnership with the Zambian government’s Industrial Development Corporation (IDC), which owns 25%. Kabuswe noted that now more than ever – and in light… Read More Here
Gold gains as dollar, yields ease; traders focus on U.S. inflation data 7 Gold International 

Gold gains as dollar, yields ease; traders focus on U.S. inflation data

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Gold prices rose on Tuesday, supported by a weaker U.S. dollar and Treasury yields, as traders awaited December inflation data and weighed bets for quicker interest rate hikes by the Federal Reserve. Spot gold rose 0.4% to $1,809.22 per ounce by 0723 GMT. U.S. gold futures were up 0.6% to $1,808.80. “Pullback in both the U.S. dollar and 10-year treasury yields are supporting gold prices, but the fact that markets are still seeing three to four interest rate hikes this year is limiting the upside potential,” said Margaret Yang, a… Read More Here
DRC: Busanga becomes the first hydroelectric dam in Katanga thanks to SICOMINES SA 8 Mining in DRC Energy 

DRC: Busanga becomes the first hydroelectric dam in Katanga thanks to SICOMINES SA

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If it could be told, the story would say that there once was, in the heart of the country-continent called “Democratic Republic of Congo”, a hydroelectric power station which had been built 110 km from Kolwezi, capital of Lualaba, one of the four provinces forming the Grand Katanga considered as the mining lung of the country. “This project is a support for the SICOMINES mining project resulting from the Collaboration Agreement between the DRC and China to build infrastructure for socio-economic development in the DRC. It is also the first major… Read More Here
Mining contractor for Bibiani gold mine announced 9 Gold 

Mining contractor for Bibiani gold mine announced

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CSE-listed Asante Gold Corporation has appointed PW Mining (Ghana) to conduct mining activities at its Bibiani Mine. Open pit mining operations will start in February, to include development of satellite pits and provide feed material to the Process Plant from Q2 2022. Main pit development, to its planned ultimate +350 metres depth in 2029, includes a 4-stage cut back programme.  Total material movement will be up to 75 Mtpa.  PW Mining will mobilise up to 125 units of heavy equipment, including drills, excavators, haulage trucks, bulldozers, and ancillary equipment. Site establishment includes… Read More Here
Alphamin’s tin output up 10% q/q, cash up 6 486% 10 Mining in DRC Tin 

Alphamin’s tin output up 10% q/q, cash up 6 486%

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JSE- and TSX-V-listed tin miner Alphamin Resources, which owns and operates the Mpama North mine in the Democratic Republic of Congo, increased its contained tin production by 10% quarter-on-quarter to 3 114 t in the fourth quarter ended December 31. A producer of 4% of the world’s mined tin, the miner also increased its contained tin sales during the period by 13% to 3 056 t, while its earnings before interest, taxes, depreciation and amortisation guidance was a record $74-million – up 38% from the third quarter. Quarter-on-quarter, Alphamin’s net cash increased… Read More Here

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