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Jubilee Metals says Project Roan nearly complete, finishes Inyoni PGM upgrade 1 Copper Mining in Zambia 

Jubilee Metals says Project Roan nearly complete, finishes Inyoni PGM upgrade

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Jubilee Metals Group PLC ) said the construction of Project Roan in northern Zambia is nearly complete with commissioning activities targeted to start in December, slightly ahead of schedule. The project is targeting the production of 10,000 tonnes per annum (tpa) of copper units through an integrated copper processing plant. It remains on track to start delivering copper concentrate to the upgraded Sable Refinery for further refining during the first quarter of 2022, said Jubilee. In addition to Project Roan, Jubilee is targeting the construction of a further two copper concentrating facilities as… Read More Here
INSTRUMENTATION TECHNICIAN | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 2 Mining Careers Mining in Zambia 

INSTRUMENTATION TECHNICIAN | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Project Management | Requisition number: 094124| Location: Lumwana Mine, Kalumbila Zambia. | Report: Instrumentation Supervisor 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)… Read More Here
Omnia’s BME launches its most advanced electronic blast detonation system 3 Equipment & Technology Mining technology 

Omnia’s BME launches its most advanced electronic blast detonation system

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Safe and efficient blasting has taken a momentous step forward with Omnia Group company BME’s launch of AXXIS Titanium™, one of the world’s most advanced electronic blast detonation systems. BME Managing Director of the SADC region Ralf Hennecke has hailed AXXIS Titanium™ as a significant advance for the company’s ever-evolving technology offering, securing BME’s position among the global leaders in electronic delay detonator (EDD) design. “Our release of AXXIS Titanium™ raises the bar globally for the electronic detonator market,” said Hennecke. “This flagship product reflects our continued focus on digital… Read More Here
Zambia going all out to up green energy, copper with private-sector at helm 4 Copper Energy Mining in Zambia 

Zambia going all out to up green energy, copper with private-sector at helm

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Zambia zoomed into town today and did all it could to sweep investors off their feet with pledges to be private-sector driven, surge into green energy, and do everything it can to regain top spot in global copper at a time when the metal is set to play such a key role in the fight against climate change. Zambia Commerce Trade and Industry Minister Chipoka Mulenga, the MP for Chingola, a Copperbelt area, was very impressive in providing assurances of very near-term incentivisation and showing great conscientiousness in re-entering proceedings to ensure that government… Read More Here
Copper settles down at last, a month after big squeeze 5 Copper International 

Copper settles down at last, a month after big squeeze

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Amonth after an unprecedented squeeze roiled the copper market, a short-term spread is back to normal levels as rising exchange inventories relieve the pressure on buyers. The spread between spot and three-month contracts on the London Metal Exchange eased to a $32.50-a-ton premium by Monday’s close. While the premium signals that near-term supply is still tight, it’s back in line with levels seen prior to the October squeeze, when the spread surged above $1 100 as buyers were caught off guard by a sudden slump in stockpiles. Spot contracts often trade at… Read More Here
Partners aim to improve Africa's gold traceability 6 Gold 

Partners aim to improve Africa’s gold traceability

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Agreement between Minexx and NGO covers community development initiatives. Traceability platform specialists Minexx has agreed on a memorandum of understanding (MoU) with Solidaridad, an international civil society organisation, to improve the gold supply chain in Africa. The companies said that the MoU would cover projects related to traceability and how to link it to community development on future joint initiatives. Specifically, it would increase transparency in artisanal and small-scale mining (ASM), which the companies said is linked to “money laundering and criminality.” They explained it is “extremely important” to combine transparency… Read More Here
DRC: CONECOMA and Provincial Governments sign an agreement on the free movement and marketing of minerals 7 Mining in DRC 

DRC: CONECOMA and Provincial Governments sign an agreement on the free movement and marketing of minerals

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The Confederation of traders, cooperatives and artisanal mining transporters “CONECOMA” and the representatives of the provincial governments proceeded, on Saturday, November 13, 2021, in Goma, to the signing of an agreement on the free movement and marketing of minerals. This agreement was signed by three provinces namely Maniema, South Kivu and North Kivu. It was at the end of an exchange workshop between the different actors. This is an agreement that aims to combat mining fraud. According to the Principal Advisor to the Military Governor of North Kivu in charge of… Read More Here
Rise in battery costs to keep lithium price rallying — report 8 Battery Metals Lithium 

Rise in battery costs to keep lithium price rallying — report

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Lithium prices have rallied in 2021 and are now at record-high levels, amidst the sharp acceleration in demand during a global supply struggle. In its latest industry report, market analyst Fitch Solutions revised up significantly both its lithium carbonate and hydroxide price forecasts from 2021 to 2026, to incorporate higher global EV sales assumptions from its Autos team and subsequent stronger lithium demand for batteries. Fitch was expecting prices to remain on an uptrend over 2021-2022. The analyst launched the new lithium price forecast in May 2021, but lithium prices have rallied beyond… Read More Here
Gold and climate change 9 Gold 

Gold and climate change

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The World Gold Council and its members recognise that climate change imposes very substantial risks to the global economy and socio-economic development. Policy makers, industry stakeholders, asset owners, investors, and wider society are now eager for a greater understanding of these risks and their potential consequences, and how they might be mitigated or managed in future. To contribute to a clearer, more consistent appreciation of how climate-related risks (and opportunities) might impact the future prospects of the gold industry, we have undertaken a programme of research, in collaboration with leading… Read More Here
‘Normalization of Zambia’s fiscal restrictions significant in the country’s efforts to attract fresh investment’ 10 Mining Companies 

‘Normalization of Zambia’s fiscal restrictions significant in the country’s efforts to attract fresh investment’

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According to Mark Bristow, CEO of Barrick Gold, the normalization of Zambia’s fiscal restrictions was “a very significant event” in the country’s efforts to attract fresh investment. Zambian tax policies were revised in its national budget last week, just two months after Hakainde Hichilema was elected as the country’s new president. Mining royalties are now deductible from corporation tax under new laws, overturning a contentious decision made by Hichilema’s successor, Edgar Lungu. Barrick Gold operates the Lumwana copper mine in Zambia which is on course to contribute roughly 20% of… Read More Here

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