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COORDINATOR, PLANNING | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 1 Mining Careers Mining in Zambia 

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

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 2 Mining Careers Mining in Zambia 

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

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 3 Diamond 

Lucara reports strong third-quarter production, revenue growth

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 4 Gold International 

Barrick posts lower third-quarter earnings

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 5 Cobalt Mining in DRC 

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

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 6 Iron Ore International 

Iron ore price rebounds despite poor demand outlook

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 7 Copper International 

Copper bounces on scarce supplies and robust risk appetite

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
Zambian emeralds to go on auction on Nov 23 8 Emeralds Mining in Zambia 

Zambian emeralds to go on auction on Nov 23

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
Behind the 2021 Zambian National Budget- Michael Phiri explains 9 Mining in Zambia 

Behind the 2021 Zambian National Budget- Michael Phiri explains

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 prices slip on strong dollar as focus turns to Fed 10 Gold International 

Gold prices slip on strong dollar as focus turns to Fed

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

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