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New Lobito Refinery to Reduce Operating Costs for Mines in Zambia and the DRC 1 Mining in Zambia Energy Mining in DRC 

New Lobito Refinery to Reduce Operating Costs for Mines in Zambia and the DRC

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The new Lobito Refinery seeks to invest in exporting fuel to neighbouring countries. Located within the area covered by the Lobito Corridor, the refined products produced by the plant will be directly accessible to the adjacent markets of the Democratic Republic of Congo and the Republic of Zambia, where significant amounts of fuel are required to feed gigantic parks filled with diverse machinery operating as part of the copper and cobalt mining industries.…The Lobito refinery, the international tender for which was launched in early July this year, is already looking to… Read More Here
Minister of Mines threatens to withdraw mining treatment approvals & cooperatives - DRC 2 Mining in DRC Mining Companies 

Minister of Mines threatens to withdraw mining treatment approvals & cooperatives – DRC

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The Minister of Mines, Antoinette N’samba Kalambayi summoned to her cabinet the mining companies and cooperatives operating in Mwenga in South Kivu, which are accused of violations of the relevant provisions of the Mining Code and Regulations. She asked all these mining companies and cooperatives to present themselves with all the administrative documents of their respective entities. This is provided by a document from the Ministry of Mines operated by DESKECO.COM.  “Following several reports relating to your mining activities which do not seem to be in line with the obligations… Read More Here
Copper price down as China factory activity slows 3 Copper International 

Copper price down as China factory activity slows

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Copper prices fell more than 2% on Wednesday after data showed that factory activity slowed in August across swathes of Europe and Asia. In China, manufacturing contracted for the first time in nearly 1-1/2 years. Copper for delivery in December fell 2.3% from Tuesday’s settlement price, touching $4.275 per pound ($9,405 per tonne) on the Comex market in New York. The state reserves administration in China also released 150,000 tonnes of copper, aluminum and zinc into the market, on the third round of metal auctions that helped to cool the rally in copper… Read More Here
Gold price holds ground with all eyes on US jobs data 4 Gold International 

Gold price holds ground with all eyes on US jobs data

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Gold prices traded within in a tight range on Wednesday as investors held off from making large bets as they prepared for key US jobs data that could influence the Federal Reserve’s stimulus tapering strategy. Spot gold slipped 0.2% to $1,811.18 per ounce by 11:15 a.m. EDT, holding above the key $1,800 level. The most active gold futures contract fell 0.4% to $1,811.00 per ounce in New York. Meanwhile, the dollar index edged up from a one-month low, making bullion more expensive for holders of other currencies. The US non-farm… Read More Here
Botswana Diamonds starts drilling at South African project 5 Diamond New Mining Projects 

Botswana Diamonds starts drilling at South African project

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Aim- and BSE-listed diamond explorer Botswana Diamonds has started drilling at its Thorny River project, in South Africa. Eight reverse circulation drill holes are planned to drill in-between the recently discovered River and River Extension blows. The drilling programme is expected to take no more than two weeks. The River blow was discovered by the company in November 2020 and covered a modelled surface area of 80 m by 40 m.  The River Extension blow, which is less than 100 m east of the River blow, was discovered by the company in… Read More Here
Haut-Katanga: Mining activities of two mining companies near the Shinkolobwe site suspended 6 Mining in DRC 

Haut-Katanga: Mining activities of two mining companies near the Shinkolobwe site suspended

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Two mining companies operating around the Shinkolobwe mining site in Kambove territory (Haut-Katanga) have been forced to suspend their activities. The measure recently taken by José Mpanda, Congolese minister of scientific research, was carried out on Monday by the provincial government. These are the companies of Lualaba Mining and Kapm.  According to the vice-governor of Haut-Katanga, Jean-Claude Kamfwa Kimimba, even (Gécamines) should stop it’s activities around Shinkolobwe. “The decision was taken to notify these two companies which carry out their activities a few meters from the Shinkolobwe mine to suspend their activities.… Read More Here
RUBBER COATINGS TECHNICIAN | MINING CAREERS AT MMG KINSEVERE | DRC 7 Mining in DRC Mining Careers 

RUBBER COATINGS TECHNICIAN | MINING CAREERS AT MMG KINSEVERE | DRC

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Application Deadline: 09/09/2021 Job no: 498725| Work type : Fixed- term plan | Location: Kinsevere mine | Report to: Supervisor – Plastic Welding | Vacant position (s): 1 Job information We are looking for an experienced Congolese for the Rubber Coatings Technician positions. This is a permanent position with a rotation of 4 working days, 2 days off. Based in Kinsevere and reporting to the Supervisor – Plastic Welding, this development opportunity is open to all skilled MMG employees willing to grow through this role. Offer N ° 46/2021 Title Rubber Coating Technician Report to Supervisor – Plastic Welding… Read More Here
BOILERMAKER | MINING CAREERS AT MMG KINSEVERE | DRC 8 Mining Careers Mining in DRC 

BOILERMAKER | MINING CAREERS AT MMG KINSEVERE | DRC

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Application Deadline: 09/09/2021 Job no: 498859 | Work type : Fixed- term plan | Location: Kinsevere mine | Report to: Supervisor-Manufacturing | Vacant position (s): 1 Job information We are looking for an experienced Congolese for the position of Boilermaker. This is a permanent position with a rotational rotation of 2 days, 2 working nights, 2 days off. Based in Kinsevere and reporting to Supervisor – Manufacturing, this development opportunity is open to all skilled MMG employees willing to grow through this role. Offer N ° 46/2021 Title Boilermaker Report to Supervisor – Manufacturing Open to Nationals Vacant jobs)… Read More Here
MECHANIC FITTER | MINING CAREERS AT MMG KINSEVERE | DRC 9 Mining in DRC Mining Careers 

MECHANIC FITTER | MINING CAREERS AT MMG KINSEVERE | DRC

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Application Deadline: 09/09/2021 Job no: 498724| Work type : Fixed- term plan | Location: Kinsevere mine | Reporting to: Supervisor-Mechanical | Vacant position (s): 1 | Job information We are looking for an experienced Congolese for the post of Adjuster – Mechanics. This is a permanent position with a rotation of 5 working days, 2 days off. Based in Kinsevere and reporting to Supervisor – Mechanical, this development opportunity is open to all skilled MMG employees willing to grow through this role. Offer number 42/2021 Title Mechanic Fitter Report to Supervisor – Mechanical Open to Congolese Vacant jobs) 01… Read More Here
Harmony Gold swings to annual profit on AngloGold asset buy 10 Gold 

Harmony Gold swings to annual profit on AngloGold asset buy

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South African miner Harmony Gold reported an annual profit on Tuesday compared to a loss in the previous year, helped by its acquisition of the remaining local assets of AngloGold Ashanti and boosted by higher gold prices. The bullion miner’s headline earnings per share – the main measure of corporate profit in South Africa – came in at 923 cents, compared with a loss of 154 cents a year ago. The company said it would pay a dividend of 27 cents per share. Gold miners across the globe made bumper profits last… Read More Here

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