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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

Mining technology International

Orica releases new blast modelling software to improve ore recovery

October 30, 2021October 30, 2021 admin

Melbourne-based Orica has released its updated OREPro blast modelling software to improve ore recovery. The OREPro 3D uses mine data – including post-blast muckpile surveys, in-situ block models, and blast designs – to model blast movements and assist miners in improving their mining efficiency. This version allows mining companies to work with 3D models to optimise ore control. The software calculates SmartVectors, which improves grade control models. It promises to improve blast outcomes, by enabling miners to understand where rock mass has been repositioned following blasts. This will cut down… Read More Here

Mining in Zambia Mining tax

Zambia announces mining tax breaks, pares deficit in 2022 budget

October 30, 2021October 30, 2021 admin

Zambia announced tax breaks for mining companies, drastically cut its budget deficit target and said it expects to conclude debt restructuring talks with creditors early next year. Mining royalties will be deductible from income taxes, Finance Minister Situmbeko Musokotwane told lawmakers Friday in his first budget speech since his party won power in August elections. He didn’t announce changes to the royalty rates. In 2019, the nation implemented the 10th change to the tax regime in 16 years. The mining industry’s lobby group had complained for years that not being… Read More Here

Mining in Zambia Mining tax

ZAMBIA’S MINING TAX OVERHAUL IMPRESSES FQM

October 30, 2021October 31, 2021 admin

The new UPND government’s plan to rationalise the mining tax regime to attract investment and boost production has been welcomed by the country’s largest taxpayer, First Quantum Minerals (FQM). The 2022 Budget – under the theme ‘Growth, Jobs and Taking Development Closer to the People’ – presented to Parliament on Friday (October 29, 2021) by Minister of Finance and National Planning Dr Situmbeko Musokotwane unveiled a key revision to the Zambia mining tax regime; namely the return to the approach followed by other global mining jurisdictions which enables companies to deduct… Read More Here