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Copper Mining in DRC New Mining Projects

KAMOA COPPER S.A. – RIGHT ON SCHEDULE

November 8, 2021November 14, 2021 admin

International mining consultant Wood Mackenzie has recognised the mineral resources at Kamoa Copper as the world’s largest undeveloped, high-grade copper discovery. This ambitious mine development is a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), the Government of the Democratic Republic of Congo (20%) and Crystal River Global Limited (0.8%). Kamoa Copper is approximately 25km west of the town of Kolwezi and about 270km west of the provincial capital, Lubumbashi. The site consists of a series of very large, ultra-high-grade, near-surface, flat-lying stratiform copper deposits with adjacent prospective… Read More Here

Mining Companies

RANKED: Top 10 mines with world’s most valuable ore

November 8, 2021November 8, 2021 admin

In mining, grade is king. Across the commodity spectrum, some of the most anticipated results — which can determine the scope of a mining project — are assay values from drill testing. As one of mining’s most influential figures, Robert Friedland, sums it up: “Mining 101. High grade is good. Low grade is bad.” “The higher the grade, the smaller the environmental footprint, Friedland has said. “The higher the grade, the smaller the plant; the less the electrical consumption, the smaller the labour force, the smaller the tailings pond, the less the global warming gas per unit… Read More Here

Mining Careers Mining in Zambia

SUPERVISOR, MECHANICAL CRUSHERS | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

November 8, 2021November 8, 2021 admin

Requisition Number: JR4058| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Category: Engineering Apply now Purpose To execute maintenance functions according to standards and instructions to ensure maximum availability, reliability and safety of equipment, tools and employees is achieved. Key Responsibilities This position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of the role and responsibilities of the function. Maintaining and inspecting availability of… Read More Here

Mining Careers Mining in Zambia

SUPERINTENDENT, TRAINING | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

November 8, 2021November 8, 2021 admin

Requisition Number: JR4067| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Apply now Purpose To supervise all training activities, both internal and external, carried out by the KMP Training department, to ensure quality, relevance and efficacy of training. To supervise the management of INX InTuition and +LMS software packages, and to ensure that accurate records are kept of all training conducted. To liaise with the relevant departments and stakeholders to install and maintain effective integrations with the HR and Security databases. To supervise the activities of the Training Administration section. To supervise traineeships for all students… Read More Here

Equipment & Technology Mining technology

Sandvik: The Technology Driving Mining’s Electrification Journey

November 8, 2021November 8, 2021 admin

The 2015 Paris Agreement saw 195 countries commit to making changes to prevent global warming from surpassing 2.0 °C above preindustrial levels, although ideally no more than 1.5 °C above. To meet these goals, all industries are under pressure to adopt new innovations that enable them to reduce their carbon footprint. To date, the mining industry is seen as one sector that has generally been slow to adopt new technology and it remains one of the world’s largest carbon emitters. Swedish engineering company sandvik is spearheading the shift towards using sustainable… Read More Here

Copper Cobalt Mining in DRC Zinc

DRC: copper goes from 10,045 USD to 9,867 USD per ton this week

November 8, 2021November 8, 2021 admin

The general trend for export merchant mining products from the Democratic Republic of the Congo is down this week, from November 8 to 13, 2021, on the international market in light of projections by experts from the National Mercuriales Commission, reports a press release signed by the Minister of Foreign Trade, Jean-Lucien Bussa Tongba. Only cobalt shows an uptrend. It is trading this week at $ 55,749 per ton, this week versus $ 55,695 per ton last week, a positive price spread of $ 53. Copper is down this week to… Read More Here

Mining Careers Mining in Zambia

ARTISAN, INSTRUMENTS | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

November 5, 2021November 5, 2021 admin

Requisition Number: JR4108| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Category: Engineering Apply now The holder of this position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of the role and responsibilities of the function. Key Responsibilities Able to work with any Instruments by ensuring both company and vendor safety and quality standards are adhered to, while ensuring minimum disruption to the processing… Read More Here

Copper Mining in Zambia

Zambia’s Chief Investment Officer, Hichilema Courts Dollar Bond Holders in London

November 5, 2021November 5, 2021 admin

Exactly 6 days after MinFin Head Dr. Situmbeko Musokotwane presented a $10 billion (K173 billion) budget that would steer Zambia to economic rebound, Zambia’s Chief Investment Officer, the Head of State Hakainde Hichilema courted dollar bond holders in London, on the sidelines of the Glasgow COP26 climate change conference. This is yet another testament of Hichilema’s usage of foreign policy intelligently to market the copper producing nation which is currently in the labyrinth of a debt restructure whose success is linked to a bailout deal with the Washington based lender,… Read More Here

Battery Metals Cobalt Copper Lithium

The commodity boom is starting to push battery prices higher

November 5, 2021November 5, 2021 admin

The world’s biggest battery market is showing the strain of surging commodity prices. Chinese manufacturer Gotion High-tech Co. sent a letter to customers in mid-October seeking to adjust battery prices, citing a jump in the cost of cathode materials and electrolyte to copper and aluminum foil. The company said it “has tried its best to reduce the cost impacts but with little effect.” Gotion’s move underscores a key hurdle the world faces in its transition to cleaner, greener energy sources. Electric-vehicle sales have soared as companies were able to make… Read More Here

Copper International

Copper price down despite tight supply

November 5, 2021November 5, 2021 admin

Copper prices fell on Thursday despite the tight supply. Global exchange stocks, comprising those in LME, CME and Shanghai Futures Exchange warehouses, have fallen for the last two months. They stood at a cumulative 232,550 tonnes at the end of October, down 30,000 tonnes since the start of 2021 and down almost 150,000 tonnes from October 2020. Shanghai stocks currently total less than 50,000 tonnes. Copper for delivery in December fell 0.5% on the Comex market in New York, touching $4.30 per pound ($9,461 per tonne) on Thursday afternoon. Copper squeeze While… Read More Here