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AVZ lands $240m for DRC lithium project 1 Battery Metals Lithium Mining in DRC New Mining Projects Tin 

AVZ lands $240m for DRC lithium project

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Shares in AVZ Minerals rose on Monday, as the ASX-listed company announced that it had secured $240-million from a Chinese investment entity to develop its lithium and tin project in the Democratic Republic of Congo (DRC). The developer announced that CATH Energy Technologies (CATH), a private investment entity jointly owned by Pei Zhenhua and Contemporary Amperex Technology Co Limited (CATL), would earn a 24% equity interest in a multi-faceted joint venture to develop the Manono lithium and tin project. CATH would pay $240-million cash for its 24% equity interest and a further amount to fund its pro-rata… Read More Here
OPERATOR – ELECTRIC FACE SHOVEL | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 2 Mining Careers Mining in Zambia 

OPERATOR – ELECTRIC FACE SHOVEL | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Operator- Open pit | Requisition number: 093447| Location: Lumwana Mine, Kalumbila Zambia. |Reporting to:    Production Supervisor Apply now OPERATOR – ELECTRIC FACE SHOVEL Lumwana Mine, Solwezi, Zambia. Reporting to Production Supervisor 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… Read More Here
OPERATOR – HITACHI EH4500/5000 HAUL UNITS | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 3 Mining Careers Mining in Zambia 

OPERATOR – HITACHI EH4500/5000 HAUL UNITS | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Operator- Open Pit | Requisition number: 093444| Location: Lumwana Mine, Kalumbila Zambia. |Reporting to:   Production Supervisor 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… Read More Here
DRIVER, TIPPER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 4 Mining Careers Mining in Zambia 

DRIVER, TIPPER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR3088| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Category: Mining Apply now PURPOSE The Driver, Tipper will be responsible for the safe, efficient and productive hauling of material as may be assigned during operations. KEY RESPONSIBILITIES The suitable candidate will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of the role and responsibilities of the function. Drive assigned tucks and… Read More Here
Gemfields swings to profit after reopening mines 5 Gemstones Emeralds Mining in Zambia 

Gemfields swings to profit after reopening mines

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Precious gemstones miner Gemfields (LON: GEM) (JSE: GML) has swung to a first-half net profit after it reopened mines and demand for its emeralds and rubies surged.  The company, which returned to the London Stock Exchange’s market for juniors last year, posted a $23.8 million net profit, which compares to a loss of $56.7 million in the same period last year as revenue increased 548% to $97.2 million.  Gemfields, which operates the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique said half year revenues rose from $15,000 to $97,236.  ‘WE ARE DELIGHTED TO ANNOUNCE OUR RETURN TO STRONG OPERATIONAL AND FINANCIAL PERFORMANCE AFTER THE COVID-INDUCED HORRORS OF 2020″ “We are… Read More Here
South Africa mines plan $2.7 billion investment in power generation 6 Energy 

South Africa mines plan $2.7 billion investment in power generation

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Mining companies in South Africa are considering spending as much as 40 billion rand ($2.7 billion) to construct 2,000 megawatts of power generation capacity, said Roger Baxter, chief executive officer of Minerals Council South Africa. Mining companies have been pushing to develop their own power plants because of persistent power cuts imposed by state power utility Eskom Holdings SOC Ltd. They are also keen to move away from total reliance on the mainly coal-fired power supplied by Eskom as their investors pay more attention to climate issues. Those plans have… Read More Here
DRC: 818 tonnes of coltan exported in the first half of 2021 for a value of 98.7 million USD 7 Mining in DRC 

DRC: 818 tonnes of coltan exported in the first half of 2021 for a value of 98.7 million USD

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The Democratic Republic of the Congo exported a total of 818.56 tonnes of coltan for a value of 98 million USD 713,288.00 during the first half of 2021, data from the Ministry of Mines indicate. The Katanga area is the leading supplier of coltan in the DRC with 230.60 tonnes exported for a value of 81 million 285,413.00 USD. According to figures from the Ministry of Mines, North Kivu through the city of Goma exported 519.65 tons of coltan for a value of 16 million 9,092.00 USD. As for the… Read More Here
The DRC exported more than 14,000 tons of cassiterite for a value of 146 million USD in the first half of 2021 8 Mining in DRC 

The DRC exported more than 14,000 tons of cassiterite for a value of 146 million USD in the first half of 2021

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Cassiterite miners, industrial and artisanal, exported in the first half of 2021 a volume of 14,206.46 tonnes for a value of 146 million 490,603.00 USD, data from the Ministry of Mines of the Democratic Republic of the Congo indicate. Industrial exploitation remains the largest supplier of cassiterite in the DRC with 10,346.01 tonnes exported for a value of 110 million USD 386,123.00 against 3,860.45 tonnes exported for a value of 36 million USD 104,480.00 for the operation artisanal. Alphamines is the largest producer and exporter of cassiterite in the DRC… Read More Here
COGEP calls for the publication between SAKIMA SA and the Société de droit Rwandais DITHER LTD- DRC 9 Mining in DRC Mining Careers 

COGEP calls for the publication between SAKIMA SA and the Société de droit Rwandais DITHER LTD- DRC

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The Coalition for the Governance of Public Enterprises “COGEP”, a platform of civil society organizations which campaign for the transparency and accountability of public enterprises, is concerned about the manifest refusal of the Government to publish the agreement signed on June 26, 2021 between SAKIMA SA (Congolese State portfolio company) and DITHER LTD, a Rwandan entity under private law, agreement concerning the exploitation of gold mines, reports a press release from this platform. By its press release N ° 04/07 / COGEP / 2021, published on July 2, 2021, COGEP… Read More Here
DRC: 52,246 tonnes of cobalt exported at the end of August 2021 for a market value of 2.6 billion USD 10 Mining in DRC Cobalt 

DRC: 52,246 tonnes of cobalt exported at the end of August 2021 for a market value of 2.6 billion USD

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The mining industry in the Democratic Republic of Congo produced and exported 52,246.00 tonnes of cobalt in the first 8 months of the year, according to data from the Ministry of Mines. With cobalt prices around USD 52,000 per tonne currently, if we consider an average of USD 50,000 per tonne, this export volume should generate a market selling value of USD 2 billion 612.300 million. Read More Here

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