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Big miners reconsider Congo, Zambia risks as copper price surges 1 Mining in DRC Copper Mining in Zambia 

Big miners reconsider Congo, Zambia risks as copper price surges

Major mining companies are looking to invest in countries they previously considered too risky, including Democratic Republic of Congo and Zambia, propelled by a dwindling pipeline of big copper mines elsewhere and record-high prices. Investor wariness about uncertain regulatory environments, challenging working conditions and corruption have meant some listed companies favoured countries such as Australia or Canada, despite the higher costs of operating there. But perceived improvements – and the impetus for more copper, a metal essential to the burgeoning electric vehicle industry – are starting to convince some miners that the possible… Read More Here
Gold price rallies as bond yields, dollar retreat 2 Gold International 

Gold price rallies as bond yields, dollar retreat

Gold advanced nearly 2% on Wednesday on a retreat in the dollar and US Treasury yields, with investors’ focus on minutes from the Federal Reserve’s latest policy meeting for confirmation of its tapering strategy. Spot gold rose 1.9% to $1,794.73 per ounce by noon EDT, near its highest in a month. US gold futures were up 2.0% to $1,795.40 an ounce in New York. Other precious metals followed, with spot silver rising 2.7% to $23.17 per ounce, platinum gaining 1.1% to $1,023.50 and palladium adding 3.2% to $2,116.50. “Gold is… Read More Here
Volvo unveils world’s first fossil-free steel vehicle 3 Equipment & Technology Mining technology 

Volvo unveils world’s first fossil-free steel vehicle

Volvo Group has unveiled the world’s first vehicle made of fossil-free steel from SSAB – made in Volvo Construction Equipment’s facility in Braås, Sweden, and announced that more vehicles will follow in 2022 in what will be a series of concept vehicles and components using fossil-free steel from SSAB.  The machine, a load carrier for use in mining and quarrying, was unveiled at a green steel collaboration event on October 13, in Gothenburg hosted by Melker Jernberg, President of Volvo CE, and Martin Lundstedt, President and CEO Volvo Group. “Our ambition is to have fossil-free steel… Read More Here
Copper price surges to 2-month peak, shaking off China concerns 4 Copper International 

Copper price surges to 2-month peak, shaking off China concerns

The global energy crisis that has led to power shortages and factory slowdowns did not stop copper prices from rallying to their highest levels since the beginning of August. On Wednesday, copper futures for December delivery erased earlier losses to trade at $4.499/lb for a gain of 4.0% as of 3:40 p.m. EDT. The intraday high was $4.528/lb. The rebound in copper prices comes amid short-term concerns surrounding China and its debt-addled property sector, plus the ongoing economic threat posed by the covid-19 delta variant. “In the short term there are some… Read More Here
Metso Outotec to design and supply new crushing plant for Codelco 5 Mining Supply Tenders Mining technology 

Metso Outotec to design and supply new crushing plant for Codelco

Metso Outotec has signed an agreement with Chilean mining operator Codelco to design and supply a Foresight semi-mobile primary gyratory (SMPG) crushing plant for the Radomiro Tomic mine. The company said the Foresight SMPG, equipped with a Superior MKIII 60-110 primary gyratory crusher, apron feeder discharge and dust collection, would meet the highest productivity and sustainability demands. It is part of the company’s in-pit crush and conveys solutions (IPCC) portfolio. The offering is designed to ensure the highest productivity, energy efficiency, and maintainability; according to the company, the equipment is… Read More Here
RELIABILTY ANALYST | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 6 Mining Careers Mining in Zambia 

RELIABILTY ANALYST | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

Category: Engineering | Requisition number: 092775| Location: Lumwana Mine, Kalumbila Zambia. |Reporting to:  Reporting to: Coordinator-Planning and Reliability Apply now 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
MAINTENANCE PLANNER | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 7 Mining Careers Mining in Zambia 

MAINTENANCE PLANNER | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

Category: Engineering | Requisition number: 092553| Location: Lumwana Mine, Kalumbila Zambia. |  Reporting to: Coordinator – Maintenance Planning and Reliability. Apply now Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the Northwestern 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… Read More Here
SYSTEMS ARCHITECT | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 8 Mining Careers Mining in Zambia 

SYSTEMS ARCHITECT | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

Category: Communications| Requisition number: 093649| Location: Lumwana Mine, Kalumbila Zambia. |Reporting to: Coordinator- Operational Technology Apply now Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the Northwestern region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km southwest 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 twenty (20) year mine… Read More Here
WAREHOUSE COORDINATOR | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 9 Mining Careers Mining in Zambia 

WAREHOUSE COORDINATOR | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

Category: Supply Chain Management | Requisition number: 093639| Location: Lumwana Mine, Kalumbila Zambia. |Reporting to:  Reporting to:  Warehouse Superintendent Apply now 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… Read More Here
Gold steadies as traders weigh elevated inflation, growth risks 10 Gold International 

Gold steadies as traders weigh elevated inflation, growth risks

Gold steadied as investors weighed concerns over inflation, fueled by a surge in energy and metal prices that threatens to derail the economic recovery. Focus will turn to the U.S. on Wednesday, where consumer price index data are expected to show price pressures remained elevated last month. And while minutes from the Federal Reserve’s September meeting are likely to signal an imminent scaling back of asset purchases, the latest miss on jobs data may complicate the timing of when tapering could start. Meanwhile, Goldman Sachs Group Inc. economists have cut forecasts for U.S. growth this… Read More Here

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