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Epiroc sees order intake jump by 31% in Q3

October 21, 2021October 21, 2021 admin

Epiroc, an equipment supplier for the mining industry, saw its order intake increase by 31% year-on-year (YoY) in Q3 2021 as it made approximately 12.24 billion SEK ($1.42 billion) despite what it called “global supply chain challenges”. The company’s operating profit increased by 29% to 2.35 billion SEK ($273.3 million). It attributed this, and the order intake increase, to “several large orders” and growing customer demand for equipment. Additionally, it said many of its orders in Q3 were for its “most advanced technologies” involving both automation and digitalisation designed to… Read More Here

Mining Careers Mining in Zambia

ARTISAN MECHANIC-DRILLS | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

October 21, 2021October 21, 2021 admin

Requisition Number: JR3920| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Apply now Purpose of the role: Responsible to execute both planned and unplanned maintenance work activities on a shift by shift basis safely and effectively. The shift Artisan will perform maintenance activities in a safe and effective manner with the aim of delivering results that meet quality standards and company expectations. Key Duties and Responsibilities: Identify Work Carry out equipment inspections and ensure corrective work is identified before it becomes a breakdown. Ensure that sufficient information is captured to perform or plan the corrective… Read More Here

Mining Careers Mining in Zambia

EXCAVATOR & SHOVEL FITTER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

October 21, 2021October 21, 2021 admin

Requisition Number: JR3705| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Apply now Overall Job Purpose The position exists to maintain the complete fleet of Ancillary equipment to the OEM specifications and standards. Responsible to execute both planned and unplanned maintenance work activities on a shift by shift basis safely and effectively. The shift Artisan will perform maintenance activities in a safe and effective manner with the aim of delivering results that meet quality standards and company expectations. Specific Job Responsibility Identify Work Carry out equipment inspections and ensure corrective work is identified before it… Read More Here

Mining Careers Mining in Zambia

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

October 21, 2021October 21, 2021 admin

Requisition Number: JR3821| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Mining Apply now Purpose of the role: To assist the dewatering section with electrical repairs, maintenance, statutory checks, compliance and inspections of dewatering infrastructure, workshop machinery, lighting plants and generators Key Duties and Responsibilities: Ensuring that all electrical maintenance, repairs and inspections are carried out in a safe and efficient manner, to assure maximum reliability and uptime. Meeting set work targets for daily work group activities in accordance with applicable policies and procedures. Achieving results through prioritizing activities, monitoring the progress of assignments, and holding… Read More Here

International

A surge in mining resource nationalisation from 2020, is set to continue this year and into 2022

October 21, 2021October 21, 2021 admin

A“flare up” in mining resource nationalisation from 2020, is set to continue this year and into 2022, reports financial risk management, solutions and insights firm Fitch Solutions Country Risk and Industry Research (Fitch Solutions) (Fitch Solutions). Over the past 12 months, resource nationalism in top mining jurisdictions has flared up around the world, mostly in emerging markets – a trend it expects to continue over the coming few years, as underlying drivers of resource nationalism and government intervention will remain in play. Fitch Solutions explains that resource nationalism can take… Read More Here

Equipment & Technology Mining technology

Sandvik’s LH115I loader ROPS / FOPS certified by ISO

October 21, 2021October 21, 2021 admin

Achieving ISO certification for the roll over protection structure (ROPS) and falling object structure (FOPS) of the Sandvik LH115I low profile loader is another feather in the cap of Sandvik Mining and Rock Solutions’ South African operation. The ROPS and FOPS for the South African-built Sandvik LH115I low profile loader has always been engineered in accordance with ISO standards, says Deon Lambert, business line manager at Sandvik Mining and Rock Solutions. “The only difference was that local customers initially requested a total height of 1,6 metres for the unit, which… Read More Here

Mining in DRC Cobalt International

Dutch Insurer AnsvarIdéa joins Fair Cobalt Alliance

October 21, 2021October 21, 2021 admin

Netherlands-based insurer AnsvarIdéa has become a member of the Fair Cobalt Alliance (FCA), a multistakeholder action platform that is committed to developing responsible and fair supply of artisanal mined cobalt from the Democratic Republic of Congo (DRC). AnsvarIdéa is the first company to join the FCA that is not directly involved in the cobalt production supply chain. Dr Assheton Carter, executive director at the FCA, commented: “AnsvarIdéa can be proud to be the first company outside the immediate cobalt supply chain and the first insurer to join and support us.… Read More Here

Copper International

Copper drops to $ 10,199 per tonne as China’s coal price drops

October 21, 2021October 21, 2021 admin

The price of copper fell on Wednesday as China’s pledge to lower coal prices allayed concerns about a disruption in the supply of metals and as investors turned profits after recent large gains. Copper CASH on the London Metal Exchange plunged 7.2% overnight, wiping out Monday’s gains . China’s National Development and Reform Commission said it was evaluating measures to intervene on prices and had “zero tolerance” for those who spread false information or collude in the market. The agency added that China plans to increase its coal production to 12 million tonnes per day… Read More Here

Battery Metals Lithium Mining in DRC Tin

Manono Lithium and Tin Project Corporate Update

October 20, 2021October 20, 2021 admin

AVZ Minerals Limited (ASX: AVZ or “the Company”) is pleased to provide an operational update on the progress of various matters relating to its flagship Manono Lithium and Tin Project (“Manono Project”).Transaction Implementation Agreement (“TIA”) As previously announced on 27 September 2021, the Company has entered into a deal with CATH to develop the Manono Project.Proceeds from the transaction will fund a majority of project development capital. CATH has now paid the US$20 million break fee (held in an escrow account). The completion of the transaction is subject to the… Read More Here

Gold International Mining Companies

The world’s top 10 gold mining companies

October 20, 2021October 20, 2021 admin

The world’s top 10 gold mining companies Unlike paper currency or many other types of assets, gold has maintained its value throughout the ages. First used by cultures in modern-day Eastern Europe in 4,000 BC to make decorative objects, the metal today represents a global business with operations on every continent, except Antarctica. The industry is dominated by a select group of majors. Together, the world’s top 10 gold miners produced 27.48 million ounces (Moz) in 2020, worth approximately $48 billion, according to data from mining intelligence. North America leading At a country level, China… Read More Here