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MULTIPLE POSITIONS | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, LUSAKA, ZAMBIA 1 Mining Careers Mining in Zambia 

MULTIPLE POSITIONS | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, LUSAKA, ZAMBIA

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Apply now ZCCM Investments Holdings PLC is an investments holdings company with diversified interests in mining, energy, and other sectors of the Zambian economy.  The Company’s majority shareholder is the Industrial Development Corporation Ltd (IDC), an investment company wholly owned by the Zambian Government and the rest of the shareholders include institutions and private shareholders spread across the world. The mission of the Company is to “to maximize shareholder value with due regard to the interests of all stakeholders”.  In order to achieve this mission, the Company invites applications from… Read More Here
Gold holds advance as virus adds to risks for global growth 2 Gold International 

Gold holds advance as virus adds to risks for global growth

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Gold held onto Friday’s gain amid risk-off sentiment as investors weigh mixed labor data from the US, the Federal Reserve’s hawkish tilt and the threat of the omicron variant. Data Friday showed US job growth registered its smallest increase this year while the unemployment rate fell by more than forecast to 4.2%, offering a mixed picture that may nevertheless push the Fed to quicken the wind-down of pandemic stimulus. It came after Chair Jerome Powell signaled faster tapering of asset purchases amid elevated inflation. Meanwhile, Goldman Sachs Group economists cut their forecasts for the… Read More Here
Ivanhoe’s Robert Friedland inducted into American Mining Hall of Fame 3 Mining Personality 

Ivanhoe’s Robert Friedland inducted into American Mining Hall of Fame

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TSX-listed Ivanhoe Mines founder and executive co-chairperson Robert Friedland has been inducted into the American Mining Hall of Fame for accomplishments during his career in the international mining industry. The American Mining Hall of Fame recognises individuals who have demonstrated outstanding lifetime achievements advancing the American and/or global mineral resources industry. Friedland was presented with a bronze plaque with the inscription commemorating his significant accomplishments. The plaque read that Friedland “has been recognised by leaders of the international financial sector and mineral resource industries as an entrepreneurial explorer, technology innovator and company builder”. “He has successfully developed a portfolio of respected public and private… Read More Here
US slaps sanctions on DRC national over Gertler ties 4 Mining in DRC International 

US slaps sanctions on DRC national over Gertler ties

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The United States on Monday imposed sanctions on a Democratic Republic of Congo national it accused of providing support to Israeli mining magnate Dan Gertler, part of a policy to target corruption in the central African country. The U.S. Treasury Department accused Alain Mukonda in a statement of making payments into proxy bank accounts for Gertler following his designation in 2017. The Treasury said Mukonda made cash deposits totaling between $11 million and $13.5 million into accounts of companies he incorporated that ultimately belong to Gertler’s family. Washington’s designation of Mukonda was the first… Read More Here
Market: Cobalt jumps to over 63,000 USD per tonne this week from December 6 to 11, 2021 5 Cobalt Copper Gold Mining in DRC Zinc 

Market: Cobalt jumps to over 63,000 USD per tonne this week from December 6 to 11, 2021

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The market for merchant mining products for export from the Democratic Republic of the Congo is improving this week from December 6 to December 11, 2021, according to projections by experts from the National Mercurial Commission of the Ministry of Foreign Trade, which is piloted by the Minister Jean-Lucien Bussa. Cobalt remains higher and is trading this week around $ 63,145.00 per tonne versus $ 61,232.85 per tonne last week, showing a positive price differential of $ 1,912.15. Copper is also trending upward to $ 9,752.00 per tonne versus $… Read More Here
DRC: Léon Mubikayi appointed PCA of the Mining Fund 6 Mining in DRC Mining Personality 

DRC: Léon Mubikayi appointed PCA of the Mining Fund

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Léon Mubikayi Mubalamate is the new Chairman of the Board of Directors of the Mining Fund for Future Generations (Fomin). He was appointed this Friday, December 3 by the presidential ordinance. He will be accompanied by Faustin Biringanine, Director General of Fomin and Arlette Kabila Mawuwa, Marie Jacqueline Lumbu and Léon Mondole, all members of the Board of Directors of this institution. Long before occupying this post, Léon Mubikayi was national deputy of the UDPS / Tshisekedi and president of the CACH parliamentary group. Read More Here
Condra wins Africa crane order 7 Mining Supply Tenders Mining technology 

Condra wins Africa crane order

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Condra, a South Africa-based mine equipment supplier, won a contract to deliver six cranes, one portal and five double-girder overhead machines to a South African mine. The company said four of the six cranes ordered are identical 10-tonne overhead machines with spans of 6.5 metres, and two have already been delivered. Financial details of the deal were not disclosed.  The first was installed underground and commissioned on 24 November for maintenance duty on pumps, motors and other equipment – the remaining two 10-ton cranes will be completed this year to join… Read More Here
Sandvik expands digital software offering 8 Mining technology International 

Sandvik expands digital software offering

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Mining equipment provider Sandvik will acquire Deswik, a provider of mine planning software, to broaden its digital solutions offering. Sandvik described Deswik as a “top-tier supplier of integrated software platforms” supporting digitalisation throughout mine planning stages. Furthermore, Sandvik said it will enhance its software and digitalisation sector presence through Deswik’s “high-quality customer base.” The acquisition will fill a value chain gap in Sandvik’s Mining and Rock Solutions’ offering by increasing upstream mining coverage and enabling opportunities for end-to-end optimisation solutions, including incorporating electrification at the mine planning stage. The core… Read More Here
Metso Outotec launches Reactorwell 9 Equipment & Technology Mining technology 

Metso Outotec launches Reactorwell

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Metso Outotec has launched the Metso Outotec Reactorwell, a new generation feedwell for maximising thickener and clarifier performance while minimising flocculant consumption to improve operational efficiencies. The company said the new feed system would feature high solids retention and mixing efficiency and eliminate short-circuiting. Additionally, it would provide “optimum feed conditioning for thickeners and clarifiers.” Brian Berger, vice president, Thickeners and Clarifiers at Metso Outotec, said the Reactorwell would enable “a big leap forward in thickener and clarifier performance” as it utilises maximum settling area due to its “high exit… Read More Here
Jubilee upbeat about outlook for copper, PGM markets 10 Copper International Mining in Zambia 

Jubilee upbeat about outlook for copper, PGM markets

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Metals processor Jubilee Metals Group sees a rosy outlook for the copper and platinum group metal (PGM) markets in the years ahead. “The outlook for copper, in particular, remains buoyant, with many predictions that 2030 will see a doubling in demand for copper. I for one, see the supply side being severely challenged, with Chile as a major contributor to the copper supply, being challenged technically and socially. “The large copper systems that are now in favour are few and far between and have a gestation period of some 12 years. The lack of big projects being developed will, to me, facilitate smaller copper production from both surface and underground mines,”… Read More Here

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