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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

Battery Metals Lithium Mining in DRC Tin

AVZ Announces Quarterly Activates for the period ended 30 Sept 2021.

October 29, 2021October 29, 2021 admin

AVZ Minerals Limited (ASX: AVZ, “the Company”) presents its Quarterly Activities Report for the period ended 30 September 2021 and is pleased to provide the following commentary and update to shareholders.AVZ Managing Director, Mr. Nigel Ferguson said: “The cornerstone investor deal with CATH marked one of the most significant days in our Company’s short history and clearly indicated to the world how important our Manono Lithium and Tin Project is.”“AVZ is very excited to have someone of the calibre of Mr. Pei Zhenhua and Contemporary Amperex Technology Limited (“CATL”) as… Read More Here

Copper Cobalt International Mining in DRC

Glencore expects trading division to beat 2021 guidance

October 29, 2021October 29, 2021 admin

Miner and trader Glencore on Friday said it expects 2021 earnings before interest and tax (EBIT) for its trading division to top its $2.2 billion to $3.2 billion long-term guidance but stuck to its production guidance. High prices for coal and other commodities are helping miners despite lower production in some cases, while volatile prices have offered trading opportunities. Glencore reported a 9% drop in coal production for the first nine months of the year due to its Prodeco mines in Colombia being suspended and lower domestic production in South Africa. CEO Gary… Read More Here

Mining Careers Mining in Zambia

ARTISAN HER, DRILLS | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

October 29, 2021October 29, 2021 admin

Requisition Number: JR3994| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Apply now Job Purpose To safely execute all maintenance repairs on all heavy equipment on site according to the prescribed standards while ensuring the safety of self and others. Responsibilities Maintains diesel equipment operation by completing inspections and preventive maintenance requirements. Examine parts for damage or excessive wear, using micrometers and gauges Keeps equipment available for use by inspecting and testing vehicles; completing preventive maintenance such as, engine tune-ups, oil changes, tire rotation and changes, wheel balancing, replacing filters. Diagnose faults or malfunctions to determine… Read More Here

Mining Careers Mining in Zambia

SUPERVISOR, ELECTRICAL | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

October 29, 2021October 29, 2021 admin

Requisition Number: JR3825| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Category: Mining Apply now Purpose of the role: To conduct high voltage switching, skid transformer and switch gear repair and maintenance, dewatering/water management infrastructure operation, maintenance and repairs (inclusive of pumping and flocculation systems), workshop and other facilities repairs and maintenance, statutory checks and compliance. The scope includes Electrical HV and non-HV, as well as simple instrumentation. Key Duties and Responsibilities: Lead and manage a team of electricians to ensure outputs and KPI’s are achieved Ensuring that all maintenance is carried out in a safe and… Read More Here

Mining Careers Mining in Zambia

ARTISAN HV ELECTRICIAN | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

October 29, 2021October 29, 2021 admin

Requisition Number: JR3823| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Category: Mining Apply now Purpose of the role: To assist the Electrical Supervisor with high voltage switching, skid transformer and switch gear repair and maintenance, dewatering/water management infrastructure operation, maintenance and repairs (inclusive of pumping and flocculation systems), workshop and other facilities repairs and maintenance, statutory checks and compliance. The scope includes Electrical HV and non-HV, as well as simple instrumentation. Key Duties and Responsibilities: Ensuring that all maintenance and high voltage switching is carried out in a safe and efficient manner, to assure maximum reliability… Read More Here

Mining Careers Mining in Zambia

WEIGHBRIDGE OFFICER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

October 29, 2021October 29, 2021 admin

Requisition Number: JR3937| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Procurement and Logistics Apply now Overall Job Purpose: To accurately record weight and commodity data using windows based computer system (MineMan) as vehicles load concentrate to destination smelters. Communicate with hauliers BHL/MHL on vehicle pre alerts/tracking. Supervise the efficient and effective ordering, processing and directing of inbound and outbound empty and loaded trucks with cargoes other than concentrate, without impeding the flow of concentrate dispatched from the mine. Specific Job Responsibilities: Ensure safety and full PPE requirements are followed by all entering the site. Refuse access… Read More Here

Gold International

Global gold demand declines 7% in Q3 — report

October 29, 2021October 29, 2021 admin

Gold demand (excluding OTC) fell 7% year-on-year to 831 tonnes globally during Q3 2021, according to the World Gold Council’s latest report. This drop was almost exclusively driven by ETFs – which swung from very large inflows in Q3 2020 to modest outflows this year – overshadowing strength in other sectors of demand during the quarter, the Council said. Jewellery, technology and bar and coin were significantly higher than in 2020, data showed. Modest central bank purchases were also a solid improvement on the small net sale from Q3 2020. Jewellery… Read More Here