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Barrick on track to achieve 2021 production targets 1 Gold Copper Mining Companies 

Barrick on track to achieve 2021 production targets

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Barrick Gold Corporation has reported preliminary Q3 sales of 1.07 Moz of gold and 101 million pounds of copper, as well as preliminary Q3 production of 1.09 Moz of gold and 100 million pounds of copper. It remains on track to achieve 2021 guidance, with both the Africa & Middle East and Latin America & Asia Pacific regions continuing to trend to the higher end of their regional gold guidance and North America at the lower end. As previously guided, Barrick’s Q4 gold production is expected to be the strongest… Read More Here
Multotec expands portfolio to improve productivity 2 Mining technology 

Multotec expands portfolio to improve productivity

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Multotec, a South African engineering and mineral processing company, has added two rubber vulcanisation presses to its manufacturing facility in Spartan, Gauteng, South Africa, which will reduce lead times for customers. The company explained that the new additions have improved both the production capacity of the facility as well as the dimensional capability in the production of lifter bars, shell plates, head plates and grate plates for mill linings. Thando Makhoba, managing director, Multotec Rubber, said the new hydraulic presses have larger daylight openings to accommodate higher throughput and larger… Read More Here
Epiroc wins $15M rig order for IAMGOLD's Cote 3 Equipment & Technology Mining Supply Tenders Mining technology 

Epiroc wins $15M rig order for IAMGOLD’s Cote

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Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large order for mining equipment from Eti Bakir in Turkey. The machines will be used to expand three underground copper mines while making the operations as productive and safe as possible. Eti Bakir, Turkey’s largest mining company, has ordered a variety of drill rigs, mine trucks and loaders. The equipment will be used at the Kastamonu Küre, Artvin Murgul and Siirt Madenköy mines. The equipment order is valued at approximately MSEK 140 and was… Read More Here
Copper price tops $10,000 as energy crisis hits supply 4 Copper International 

Copper price tops $10,000 as energy crisis hits supply

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The copper price continued to rally on Thursday amid a global energy crisis that is knocking supply offline and heaping pressure on fabricators scrambling for metal. Copper for delivery in December rose sharply for a second day in a row on the Comex market in New York, touching $4.6365 per pound ($10,200 per tonne), the highest since the beginning of June. Copper climbed as much as 3.6% to $9,994 a tonne in London. The cash-to-three-month spread was trading at the biggest gap since 2012, as global exchange inventories plummet. Five… Read More Here
OFFICER, INFRASTRUCTURE DEVELOPMENT & MAINTENANCE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 5 Mining Careers Mining in Zambia 

OFFICER, INFRASTRUCTURE DEVELOPMENT & MAINTENANCE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR3909| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Business Development Apply now Overall Job Purpose Responsible for infrastructure compliance management, structure planning, implementation and monitoring of all related activities ensuring effective resource mobilisation and optimisation. Specific Job Responsibilities Management of the community infrastructure register. This will involve generation of a georeferenced infrastructure database covering education, health, agriculture, public roads, and hygiene and sanitation infrastructure. Conducting structural integrity and aesthetic inspections through collaboration with relevant government institutions and community leaders. Liaison with the government infrastructure inspectorate by scheduling inspections and adhering to inspection procedures.… Read More Here
OFFICER, AGRICULTURE SUPPORT | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 6 Mining Careers Mining in Zambia 

OFFICER, AGRICULTURE SUPPORT | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR3906| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Services Apply now Overall Job Purpose Responsible for promoting and coordinating of sustainable agriculture support programs for income and food security. Specific Job Responsibilities 1.0 Agriculture Support Stimulation Activities Organising crops and livestock production exchange visits. Arranging mentorship talks by small scale successful farmers. Organising conservation farming for business and income training. Piloting high value crops and sharing results with farmers in the catchment area. Promoting local appreciation of existing agribusiness opportunities and wealth. General stimulation of agri-business ideas. 2.0 Agriculture Support Enhancement Activities Organising… Read More Here
FINANCIAL ACCOUNTANT | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 7 Mining Careers Mining in Zambia 

FINANCIAL ACCOUNTANT | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR3899| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Services Apply now Overall Job Purpose To support financial decision-making by collecting, analyzing, investigating and reporting financial data, tracking costs back to underlying activities, and designing cost-effective data accumulation systems needed to provide an appropriate level of financial and costing information to management. Specific Job Responsibilities Be responsible for maintaining the company’s ledger and accounting records as required by the Zambian laws and company policies. Construct data accumulation systems for a cost accounting system. Prepare budgets and forecasts and perform monthly reviews of actual performance… Read More Here
Big miners reconsider Congo, Zambia risks as copper price surges 8 Mining in DRC Copper Mining in Zambia 

Big miners reconsider Congo, Zambia risks as copper price surges

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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 9 Gold International 

Gold price rallies as bond yields, dollar retreat

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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 10 Equipment & Technology Mining technology 

Volvo unveils world’s first fossil-free steel vehicle

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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

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