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TESLA SIGNS THREE YEAR LITHIUM SUPPLY DEAL WITH CHINA’S GANFENG LITHIUM 1 Battery Metals International Lithium 

TESLA SIGNS THREE YEAR LITHIUM SUPPLY DEAL WITH CHINA’S GANFENG LITHIUM

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Tesla has signed a three-year deal to buy lithium from Ganfeng Lithium, as it secures supplies of the battery raw material following a rapid rise in prices this year.  The agreement for battery grade lithium hydroxide will start at the beginning of next year, Ganfeng said, without giving further details.  “The actual purchasing quantity and sales amount will depend on the purchasing orders placed by Tesla,” Ganfeng said.  The deal comes following a 91 per cent increase in lithium hydroxide CIF Asia prices this year to $19,250 a tonne, according… Read More Here
DRC: revision of mining contracts, Dan Gertler exempted, string of concerns 2 Mining in DRC 

DRC: revision of mining contracts, Dan Gertler exempted, string of concerns

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Several years have passed since the denunciations of the illicit enrichment of Israeli businessman Dan Gertler in the DRC, no concrete action has been taken so far by the Congolese authorities. Under United States sanction and suspected of having enriched himself through “opaque and corrupt” transactions in the Congolese mining and oil sector, thanks to his bromance with ex-president Joseph Kabila. At the center of all these accusations but only the revision of Chinese contracts concerns the DRC, no allusion made to Dan Gertler.  According to the Africa Progress Panel,… Read More Here
ENVIRONMENTAL SPECIALIST- COMPLIANCE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 3 Mining Careers Mining in Zambia 

ENVIRONMENTAL SPECIALIST- COMPLIANCE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR3972| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Environmental Apply now Overall Job Purpose: The role involves advising the environmental management team, advise middle management and employees on environmental management requirements, develop and implement procedures and management plans and liaison with government on environmental management performance and compliance requirements. Specific Job Responsibilities: Schedule and conduct internal inspections and audits of facilities coordinating closure of identified non compliances in line with the companies set objectives and targets. Schedule and conduct compliance audits of contractors and suppliers. Carry out environmental incident investigations and where potential pollution… Read More Here
COORDINATOR, PLANNING | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 4 Mining Careers Mining in Zambia 

COORDINATOR, PLANNING | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR3875| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Engineering Apply now Purpose of the role: This role exists to manage the activities of the planning section in order to provide planning and scheduling to the Sentinel Fixed Plant sections. This service is to be a consultative approach with the various sectional superintendents such that agreed plans and schedules to maintain sustainable, agreed levels of reliability and availability from the Sentinel Fixed plant are produced. Key Responsibilities: Review and approve work requests from various sections ensuring they are planned accordingly by maintenance planners. Do a… Read More Here
STORE KEEPER, HARDWARE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 5 Mining Careers Mining in Zambia 

STORE KEEPER, HARDWARE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR4067| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Apply now Purpose of the role: The role will be responsible for attending to tool store management and parts staging management and organisation. The role will also manage both inward and outward stock movement whilst maintaining accuracy and integrity of the store/s inventory records under your direction including all associated documentation and recording keeping for accounting purposes. Key Duties and Responsibilities: Receives delivery orders and withdraws from stock, checking for required commodity, size and lot through the use of a computerized inventory system; Posts, issues… Read More Here
Lucara reports strong third-quarter production, revenue growth 6 Diamond 

Lucara reports strong third-quarter production, revenue growth

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Diamond miner Lucara Diamond Corp’s Karowe mine, in Botswana, produced 97 412 ct of diamonds in the third quarter ended September 30, compared with the 88 909 ct produced in the third quarter of 2020. Production included 212 “special” diamonds weighing more than 10.8 ct each. Also of significance was the recovery of four pink diamonds from direct milling from the EM/PK(S) unit of the South Lobe. This included a 62.7 ct high-quality, fancy pink Type IIa gem diamond and a 22.21 ct pink gem of similar quality, along with… Read More Here
Barrick posts lower third-quarter earnings 7 Gold International 

Barrick posts lower third-quarter earnings

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Canadian gold major Barrick on Thursday reported lower third-quarter adjusted earnings of $419-million – an 18% drop on its second quarter performance and 42% below that of a year earlier. Adjusted net earnings fell to $0.24 a share, from $0.29 a share in the second quarter and $0.41 a share in the third quarter of 2020. Barrick’s results have been weighed down by a retreat in the price of gold, which touched record levels last year amid concerns over Covid-19. The miner reported a realised gold price of $1 771/oz in… Read More Here
Tesla, Apple, Google, Microsoft dodge Congo cobalt class-action 8 Cobalt Mining in DRC 

Tesla, Apple, Google, Microsoft dodge Congo cobalt class-action

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Google parent Alphabet, Apple, Dell, Microsoft and Tesla won’t have to face a class action suit claiming the tech giants bear responsibility for the alleged use of child labour in Congo to mine cobalt, a key ingredient of batteries in electric cars and consumer electronics, a federal court in Washington ruled Tuesday. An NGO called International Rights Advocates launched the suit in December 2019, on behalf of more than a dozen families of children killed or hurt in the artisinal cobalt mines in the Congo, responsible for more than two-thirds… Read More Here
Iron ore price rebounds despite poor demand outlook 9 Iron Ore International 

Iron ore price rebounds despite poor demand outlook

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The iron ore price recovered some ground on Wednesday after it fell below $100 per tonne for the first time in nearly a year on Tuesday due to loose supply conditions and poor demand outlook. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $100.10 a tonne, up 4.5% from Tuesday’s closing. Benchmark iron ore futures on the Dalian exchange dipped 0.4% to 590 yuan ($92.18) a tonne.  Metals prices reached multi-year highs on supply fears in October, but the main driver now is arguably turbulence in… Read More Here
Copper bounces on scarce supplies and robust risk appetite 10 Copper International 

Copper bounces on scarce supplies and robust risk appetite

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Copper prices jumped on Wednesday on low inventories, healthy risk appetite and a brighter technical outlook. Three-month copper on the London Metal Exchange had gained 1.5% to $9 633.50 a tonne by 10:00 GMT, having lost about 8% since October 18. “We’ve had a very deep correction from the run-up in October and now it looks like we’re finally finding a plateau from where the market will stabilise,” said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen. “Risk appetite seen through the stock market remains pretty robust and… Read More Here

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