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Zambian emeralds to go on auction on Nov 23

November 3, 2021November 3, 2021 admin

International auction house Phillips will, this month, put on sale the largest collection of Zambian emeralds ever to be offered on auction. Part of the proceeds will go to the Gemfields Foundation, which supports community and conservation projects in Africa. The Treasures of Zambia: An Exceptional Emerald Collection comprises about 45 lots, including 993 ct of fine Zambian emeralds. The gemstones were mined by Gemfields, which owns the Kagem emerald mine together with the Zambian government. Phillips features some of the world’s most important twentieth-century and contemporary works of art, design jewels, watches, photographs and editions. The auction house is… Read More Here

Mining in Zambia

Behind the 2021 Zambian National Budget- Michael Phiri explains

November 3, 2021November 3, 2021 admin

Enthusiasm was palpable during Friday’s reading of Zambia’s 2022 Budget by Minister of Finance, Hon. Mr. Situmbeko Musokotwane, who announced a wide range of intended measures to grow the economy and reign in overspending, several of which were met with cheers. Mining For Zambia asked Michael Phiri, Tax Partner at KPMG Zambia, to share his insights on the most noteworthy developments in this year’s Budget announcement, and what they mean for Zambia and its citizens. Were there any surprises, in terms of measures that you weren’t expecting the Minister of Finance… Read More Here

Gold International

Gold prices slip on strong dollar as focus turns to Fed

November 3, 2021November 3, 2021 admin

Gold prices fell on Tuesday as the U.S. dollar and equities gained ahead of a much-awaited U.S. Federal Reserve meeting that could provide a timeline on interest rate hikes amid rising inflationary pressures. Spot gold was down 0.3% at $1,787.04 per ounce by 01:35 p.m. EDT. U.S. gold futures settled down 0.4% to $1,789.40. Persistent strength in equities ahead of Fed’s statement on Wednesday continues to weigh on safe-haven metals, said Jim Wyckoff, senior analyst at Kitco Metals. But recent concerns over inflation have limited the downside for gold and helped buying interest,… Read More Here

Copper Cobalt Gold

Market: This week, copper is trading at USD 10,045 per tonne, cobalt at USD 55,695 per tonne

November 2, 2021November 2, 2021 admin

The general price trend of the main mining products of the DRC is up this week on the international market, according to projections by the Commission Nationale des Mercuriales, a structure of the Ministry of Foreign Trade. Among the commodities that are on the rise is cobalt which is trading this week at $ 55,695 per tonne versus $ 55,449 per tonne last week, a positive price spread of $ 146. Tin is also trending upward at $ 38,974 per tonne this week versus $ 38,730 per tonne last week,… Read More Here

Mining Careers Mining in Zambia

TRAINER-FABRICATION | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

November 2, 2021November 2, 2021 admin

Category: Human Resource | Requisition number: 093880| Location: Lumwana Mine, Kalumbila Zambia. | Reporting to: Maintenance Training Coordinator Apply now Trainer – Fabrication (Short Term) Lumwana Mine, Solwezi, Zambia. Reporting to: Maintenance Training Coordinator 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… Read More Here

Mining Careers Mining in Zambia

TRAINEE- INSTRUCMENTATION | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

November 2, 2021November 2, 2021 admin

Category: Human Resources | Requisition number: 093879| Location: Lumwana Mine, Kalumbila Zambia. | Reporting to: Coordinator – Maintenance Training Coordinator 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… Read More Here

Mining Companies International

Barrick shifting into growth gear, says CEO Mark Bristow

November 2, 2021November 2, 2021 admin

Since the merger of Barrick Gold (TSX: ABX; NYSE: GOLD) and Randgold Resources early in 2019, the new gold major appears to be completing a full circle under the leadership of Mark Bristow by increasingly prioritizing value-adding grass-roots exploration and development, he tells The Northern Miner. After kicking off a period of top-tier gold-industry consolidation, the company has been focusing on “right-sizing” the portfolio, focusing only on Tier 1 and Tier 2 assets. But getting back to value creation through the drill bit is something close to the former Randgold… Read More Here

Equipment & Technology Mining technology

Metso Outotec launches Concorde Cell flotation technology for fine and ultra-fine particle recovery

November 2, 2021November 2, 2021 admin

Metso Outotec is launching ground-breaking Concorde Cell flotation technology for efficient fine and ultra-fine particle recovery. This innovative Planet Positive technology sets a new benchmark in high-intensity pneumatic flotation, reducing plant operation costs and contributing to sustainability of operations through minimized energy and water consumption per tons of metal produced. The patented Concorde Cell technology is the first fine and ultra-fine flotation solution for more finely disseminated and complex orebodies that have previously been inaccessible. The Concorde Cell forced-air blast tubes treat 100% of fresh feed combined with tailings recycling for improved performance, allowing… Read More Here

Equipment & Technology International Mining technology

Epiroc launches diesel to electric conversion kit

November 2, 2021November 2, 2021 admin

Sweden-based mining equipment supplier Epiroc now offers its customers conversion kits designed to transition loaders from diesel-powered to battery-electric driven. The company said the new offering, which has already secured an order from a customer in Canada, will speed up the mining industry’s shift to an emissions-free future. It claimed battery conversions are already underway, with its Sccoptram ST1030 loader being the first vehicle to undergo the transition. Evolution Mining earlier this year ordered the conversion of two diesel-powered Scooptram ST1030 machines for use at its gold mine in Red… Read More Here

Mining Careers Mining in Zambia

ENGINEER, RELIABILITY SENIOR | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

October 30, 2021October 30, 2021 admin

Requisition Number: JR402| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Apply now Job Purpose To Optimize Maintenance Strategies by creating business cases based on Reliability Centered Maintenance Metrics. Key Responsibilities Works with Section Head to ensure the reliability and maintainability of new and modified installations. The Reliability Engineer is responsible for adhering to the Life Cycle Asset Management (LCAM) process throughout the entire life cycle of new assets. Propose mitigation, e.g. requirements, design changes, detection logic, maintenance, training, by which the risks may be lowered and controlled for at an acceptable level Perform predictive and… Read More Here