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Zambia mines minister takes aim at Konkola liquidation 1 Copper Mining in Zambia 

Zambia mines minister takes aim at Konkola liquidation

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Zambia’s mines minister on Monday criticised the previous administration’s push to liquidate Vedanta’s Konkola Copper Mines (KCM) unit, which sparked years of wrangling. Vedanta and the government have been in a legal dispute over the mine and smelter since May 2019 when Zambia, which owns 20% of KCM through state mining investment firm ZCCM-IH, handed control of the business to a liquidator. Paul Kabuswe made the comments during a tour of Zambia’s copperbelt, in a further indication that President Hichilema’s new administration will seek to roll back state involvement in the mining sector, the… Read More Here
Copper price back below $9,000 on Evergrande jitters 2 Copper International 

Copper price back below $9,000 on Evergrande jitters

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The copper price fell on Tuesday as a debt crisis at property giant China Evergrande Group spurred a sell-off across markets and stoked worries about the demand for the metal used widely in construction. Copper for delivery in December fell 0.6% from Monday’s settlement price, touching $4.090 per pound ($8,998 per tonne) midday Tuesday on the Comex market in New York. “Copper prices are falling in sympathy with risk-off trading and weak sentiment because of Evergrande,” said Giles Coghlan, analyst at HYCM. “It is a concern in the short term, but I… Read More Here
The DRC exported 15,479 kg of gold for a value of 618 million USD in the first half of 2021 3 Gold Mining in DRC 

The DRC exported 15,479 kg of gold for a value of 618 million USD in the first half of 2021

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The Democratic Republic of Congo exported 15,479.44 Kg of raw gold in the first half of 2021 for a total value of 618 million 992,285.00 USD, according to the Ministry of Mines. Almost all of these exports come from industrial exploitation, that is 15,460.35 kg of gold for a value of 617 million 991,722.00 USD, representing more than 99% of the total exports of the DRC. Only 19.09 kg of export gold came from artisanal mining for a value of barely 1 million USD. Kibali Gold alone produced more than… Read More Here
Sandvik: The majority of our mining vehicles will be electric by 2030 4 Equipment & Technology Mining technology 

Sandvik: The majority of our mining vehicles will be electric by 2030

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Electrification will pick up pace significantly in the coming years, says the company. Sweden-based mining solutions provider Sandvik has predicted that more than half of its underground mining equipment sales will be electric by 2030, and that it expects to have an electric offering covering all applications by 2022. Henrik Ager, president, Sandvik Mining and Rock Solutions explained that electrification will be one of the biggest technological shifts the mining industry has seen for years, and that it will “significantly” pick up pace in the coming years. The company launched… Read More Here
The mining royalty liquidated at the end of August 2021 estimated at 1.093 billion USD for copper and cobalt - DRC 5 Cobalt Copper Mining in DRC 

The mining royalty liquidated at the end of August 2021 estimated at 1.093 billion USD for copper and cobalt – DRC

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According to data from the Ministry of Mines, the mining royalty, recorded and liquidated, in the two provinces of Katanga, Lualaba and Haut-Katanga, with regard to copper and cobalt, is estimated at 647,208,290.68 USD for the first half of 2021 and 446,072,091.31 USD for the months of July and August 2021, for a total of 1 billion 93,283 USD. Among the mining companies the largest providers of this mining royalty, there is TFM with 517 million USD 724,640; KCC with 173 million USD 442,832; or METALKOL with 85 million 872,084 USD. These… Read More Here
COPPER, COBALT, SILVER AND GOLD PROCESSING PLANTS COMING TO ZAMBIA 6 Cobalt Copper Gold Mining in Zambia New Mining Projects 

COPPER, COBALT, SILVER AND GOLD PROCESSING PLANTS COMING TO ZAMBIA

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Now Import and Export Zambia Limited, a Private Limited Company with 90 percent South African and 10 percent Zambian Shareholding, plans to initially invest US$ 20 million for setting up Copper, Cobalt, Silver and Gold Processing Plants in Chongwe and Mkushi Districts of Zambia.The investment venture is expected to create 1210 jobs. Ninety percent of the jobs will be for Zambians. Now Import and Export Zambia Limited will conduct its mining activities in three phases. The first phase will focus on trading for one year to create a base with… Read More Here
Leading African Mining Events and Publisher Evolves into the Vuka Group 7 Mining in DRC Events & Expos 

Leading African Mining Events and Publisher Evolves into the Vuka Group

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The African arm of international events organisation, Clarion Events, is delighted to announce a full rebrand representing their shift to a more future aligned approach to their market offering. The organisation, now branded as Vuka Group, which means awaken and rise, will be focusing their strategic direction and decision making to include a more African-centric vision of bringing people and organisations together to connect with information and each other, across curated digital and in-person environments. “The past 18 months have been extremely challenging for the events industry, and for our… Read More Here
Engineered Flow Aids resolve bulk material handling issues 8 Equipment & Technology Mining Companies 

Engineered Flow Aids resolve bulk material handling issues

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In order to achieve controlled and consistent flow on conveyors handling large volumes of bulk material, transfer chutes and vessels must be designed not just to accommodate — but to actually facilitate — the flow of the cargo they will be handling. Unfortunately, because so many conditions can hamper effective cargo flow, engineering a conveyor and chutework that would handle every material situation is virtually impossible. Even modest changes in moisture content can cause adhesion to chute or vessel walls or agglomeration at low temperatures, especially if the belt is… Read More Here
Botswana Diamonds looks at potential for open cast mining 9 Diamond New Mining Projects 

Botswana Diamonds looks at potential for open cast mining

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Botswana Diamonds has successfully completed its nine hole drilling programme on the Thorny River property in South Africa.The objective was to see if two kimberlite blows (the River and River Extension blows were one contiguous orebody, thus increasing the overall resource and improving the commercial prospects of the project. Nine percussion holes totalling 483 metres, were drilled. One hole intersected 19.1 metres of kimberlite zone, which is encouragingly the biggest thickness found in all three drilling programmes to date. Another hole intersected a thickness of 13.5m of kimberlite zone. These… Read More Here
DRC-Mines: LAMIKAL, the young Chinese-owned mining company, amounts to 685,000 USD 10 Cobalt Copper Mining in DRC 

DRC-Mines: LAMIKAL, the young Chinese-owned mining company, amounts to 685,000 USD

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The LAMIKAL mining company (La Minière de Kalukundi SA) is located about 70 km east of the town of Kolwezi in Lualaba, DRC, and its site covers an area of ​​27.2 square kilometers. It achieves an annual average production of copper around 45,000 tonnes and 5,000 tonnes of cobalt, in the event of stability of the electric current. Its shareholding is made up of 75% from the Chinese side, 20% from Moroccans, and 5% from the Congolese state. LAMIKAL is counted among the benjamines of the cupro-cobalt production of Lualaba. It was from 2017… Read More Here

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