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Angola to over take DRC for a 4th place in global diamond production 1 Diamond International Mining in DRC 

Angola to over take DRC for a 4th place in global diamond production

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Global production of rough diamonds is expected to recover 1.4% to 112.99 million carats (Mct) in 2021, after registering an estimated decline of 19.4% to 111.4Mct in 2020, due to the COVID-19 pandemic, according to GlobalData. The leading data and analytics company notes that significant production recoveries are expected in Botswana (+ 37%), Canada (+ 16.6%) and Angola (+ 26.3%). Vinneth Bajaj, Associate Project Manager at GlobalData, commented: “Global production will only increase slightly due to the closure of the Argyle mine in Australia in November 2020, alongside moderate growth… Read More Here
SUPERINTENDENT, MECHANICAL | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 2 Mining Careers Mining in Zambia 

SUPERINTENDENT, MECHANICAL | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR3519| Country: Zambia | Contract Type: On-going| Location: Solwezi | Category: Engineering Apply now Key Responsibilities: The holder of this position 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 resource, and any other regulations as required by the company and relevant to the level of the role and responsibilities of the function. KPI 95% plant availability. Mentor and Develop subordinates, encouraging initiative and effectiveness. Ensuring the safety of employees and effectiveness of equipment at all times. Ensuring the… Read More Here
Urgency called for in setting up 0.3% allocation for community development in mining areas - DRC 3 Mining in DRC 

Urgency called for in setting up 0.3% allocation for community development in mining areas – DRC

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Three civil society organizations from the DRC, “The Congo is not for sale (CNPAV), Makuta Ya Mandeleo and the Coordination of Civil Society Advocacy Actions for the Governance of Natural Resources”, published Monday 07 September, a joint declaration on the urgency of setting up the 0.3% allocation for community development in mining areas. The three civil society platforms call on the Ministers of Mines and Social Affairs to sign without delay the interministerial decree approving the Manual of procedures and management of the allocation of 0.3% of the turnover of mining… Read More Here
Gold price set for biggest intraday loss in a month 4 Gold International 

Gold price set for biggest intraday loss in a month

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Gold extended its losses on Tuesday and is on course for its biggest intraday drop in nearly a month, as a buoyant dollar and higher yield took the shine off the safe-haven metal. Spot gold fell 1.6% to $1,794.17 per ounce by 11:10 a.m. EDT. US gold futures were down 1.9%, trading at $1,799.10 per ounce in New York. In the meantime, the US dollar rose 0.5% against its rivals, making bullion more expensive for holders of other currencies. “The gold market is seeing some retracement” with the dollar likely… Read More Here
Copper price down as China’s imports drop to lowest in two years 5 Copper International 

Copper price down as China’s imports drop to lowest in two years

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China’s copper imports in August dropped 41% year-on-year to their lowest since June 2019, as high prices and sluggish economic growth kept a lid on demand. Copper for delivery in December fell 1.3% from Monday’s settlement price, touching $4.278 per pound ($9,411 per tonne) on the Comex market in New York. Arrivals of unwrought copper and products into the world’s top copper consumer were 394,017 tonnes last month, the General Administration of Customs said, down 7% from a month earlier and the fifth straight monthly decline. “Chinese customers are not… Read More Here
Zambian president names new mines minister 6 Mining in Zambia Mining Personality 

Zambian president names new mines minister

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Zambia’s President Hakainde Hichilema on Tuesday announced the appointment of lawmaker Paul Chanda Kabuswe as the country’s new minister of mines and minerals. Honorable Kabuswe is a businessman and a political scientist, he holds a Bachelor of science degree in Politics and International Relations. Kabuswe, member of parliament for Chililabombwe, in Zambia’s northern copperbelt, was expected to be sworn in on Wednesday, the president’s office said in a press statement. Hichilema also designated Francis Chipimo to act as central bank governor following the resignation of the current governor, Christopher Mvunga,… Read More Here
Epiroc reveals resin system for underground rock bolting 7 Equipment & Technology International Mining technology 

Epiroc reveals resin system for underground rock bolting

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Sweden’s Epiroc has developed a resin system for than be used to install long-term rock bolts in poor rock conditions. Epiroc said its system can addresses the underground rock bolting that often becomes a bottleneck within the drill and blast cycle. The system was developed in partnership with Swedish iron ore miner LKAB under the key Sustainable Intelligent Mining Systems (SIMS) project. Blocky or friable ground often leaves drilled bolt holes blocked or partially blocked. This slows down, or in the worst case, prevents the introduction of bonding agents such… Read More Here
Kamoa's 2 concentrators Copper Mining in DRC New Mining Projects 

Kamoa-Kakula Phase 1 concentrator plant approaching steady-state-design performance

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14,815 tonnes of copper produced in August, bringing the year-to-date production to more than 36,700 tonnes Installation of an additional concentrate filter expected by end of October 2021, further boosting copper production Phase 2 concentrator plant construction now 44% complete Mining crews delivered 220,000 tonnes of ore grading a record 6.03% copper from August 1 to 20, including 85,000 tonnes grading 7.55% copper from the centre of the Kakula Mine Surface ore stockpiles continue to grow; now hold 3.59 million tonnes grading 4.77% copper, containing more than 171,000 tonnes of… Read More Here
Aluminum price jumps again as Guinea coup adds to supply worries 8 Aluminium 

Aluminum price jumps again as Guinea coup adds to supply worries

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Aluminum climbed to the highest in more than a decade after a coup in Guinea fueled concerns over raw material supplies, with futures holding gains even after the head of the junta urged miners to keep operations running. Metal prices extended gains and producer shares surged — industry leader Aluminum Corp. of China, or Chalco, jumped as much as 10%. Guinea is a major supplier of bauxite, the feedstock needed to make aluminum, and accounts for more than half of the imports by China. A unit of the military seized power Sunday and suspended the… Read More Here
Antoinette N'samba to raise awareness on compliance with the mining code and regulations- DRC 9 Mining in DRC Mining Policy 

Antoinette N’samba to raise awareness on compliance with the mining code and regulations- DRC

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The Minister of Mines, Antoinette N’samba Kalambayi, arrived this Monday, September 6, 2021 in Lubumbashi, capital of Haut-Katanga to educate the different layers of the population on compliance with the Congolese mining code and regulations. For seven days, the objective will be to fight against the illegal exploitation of minerals and to make everyone understand that the mining code and regulations must be respected at all costs so that the country’s wealth benefits the Congolese State and the different investors. “We are in the process of roaming around the issue… Read More Here

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