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Jubilee Metals surges 12% on new Zambian processing capacity

August 24, 2021August 24, 2021 admin

Mining outfit Jubilee Metals (JLP:AIM) gained 12.4% to 15.35p as it effectively secured the missing processing capacity to take it to the 25,000 tonnes per year of copper production it has been targeting in Zambia. Today’s gain takes the one-year advance for Jubilee shares to nearly 190% as it moves closer to taking full advantage of its opportunities in Zambia. In its own words, Jubilee focuses on ‘the retreatment and metals recovery from mine tailings, waste, slag, slurry and other secondary materials generated from mining operations’. The company has agreed a venture with Mopani Copper Mines… Read More Here

Mining technology Events & Expos International

Sandvik launches microsite for MINExpo INTERNATIONAL 2021

August 23, 2021August 23, 2021 admin

Sandvik Mining and Rock Solutions has launched a microsite for MINExpo INTERNATIONAL 2021, designed to provide a rich digital experience for customers who are not able to attend mining’s largest tradeshow. Drawing on Sandvik’s successful “Innovation in Mining Virtual Event” last September, the microsite will enable those who will not be in Las Vegas to share the MINExpo INTERNATIONAL 2021 experience. During the countdown to MINExpo, the first iteration of the microsite features a welcome video from Henrik Ager, President of Sandvik Mining and Rock Solutions, and a content library containing videos,… Read More Here

Mining in Zambia

SENIOR ENGINEER, DRILL AND BLAST | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

August 23, 2021August 23, 2021 admin

Requisition Number: JR2711| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi Apply now Job description: Purpose: Surface Mining, the Blaster is responsible with the safe, efficient and productive loading of blast holes within the surface mining operation. The incumbent performs all duties for this position in accordance with Company Policies, Management Systems, and Standard Operating Procedures. Key Responsibilities: Technical Accountabilities Design, plan, monitor and report on all drill and blast activities to ensure a productive and efficient mining operations. Produce accurate Drill and Blast designs in a timely manner, as defined by 3 monthly and weekly… Read More Here

Energy International

Glencore-Merafe Chrome Venture expected to benefit from energy deregulation in South Africa

August 23, 2021August 23, 2021 admin

A new report by Roskill states that the Glencore-Merafe Chrome Venture, which runs seven chrome mines and five ferrochrome plants in South Africa, may benefit in terms of market share from the progressive deregulation of the country’s energy landscape. Roskill makes the case for Glencore-Merafe on the basis of the JV’s recent announcements related to various clean energy, self-generation and cogeneration project. The market analyst says it is important to keep in mind the context within which these announcements are taking place, which is one where the South African government is working towards… Read More Here

Mining in DRC Mining Companies

Angola mine leak causes ‘unprecedented’ pollution in Congo rivers, researchers say

August 23, 2021August 23, 2021 admin

A suspected leak of heavy metals from a mine in northern Angola is causing an “unprecedented environmental catastrophe”, affecting some 2 million people in Democratic Republic of Congo, researchers at Kinshasa University said on Friday. Analysis of satellite imagery and interviews indicate a reservoir used to store mining pollutants was breached on July 15 in a diamond-mining area straddling Lunda Sul and Lunda Norte provinces in Angola, said Raphael Tshimanga, director of The Congo Basin Water Resources Research Centre (CRREBaC). Two tributaries of the Congo river, the Tshikapa and Kasai rivers, turned red,… Read More Here

Cobalt Copper Mining in DRC

Congo initiates probe into China Moly’s Tenke Fungurume mine

August 23, 2021August 23, 2021 admin

The Democratic Republic of Congo established a commission to ensure China Molybdenum Co. is complying with its contractual obligations regarding the giant Tenke Fungurume copper and cobalt project. The office of President Felix Tshisekedi authorized the investigation earlier this month into CMOC’s mineral reserve data and the financing costs for the project, according to documents seen by Bloomberg News and verified by the presidency. CMOC on Aug. 6 announced a $2.5 billion investment to more than double production at the mine, which is already one of the world’s biggest sources of cobalt,… Read More Here

Cobalt Copper Mining in Zambia New Mining Projects

Chillerton advances Zambian copper-cobalt projects

August 20, 2021August 24, 2021 admin

Chillerton Group, an emerging copper and cobalt development company, has become one of the largest license holders in the Zambian Copperbelt after it was recently awarded a further three large scale mining (LSM) licences in the country. Founded in 2000, Chillerton is an integrated upstream and downstream mining company. It undertakes exploration, mine development, capital raising and development planning at sites across the Zambian Copperbelt. The company’s licenses now cover in excess of 20 000 ha and are located adjacent to existing producing copper mines. The location benefits from good… Read More Here

Covid-19

Africa: Over 7.4 Million Cases of Covid-19 Confirmed Across Continent

August 20, 2021August 20, 2021 admin

As of August 20, confirmed cases of Covid-19 from 55 African countries reached 7,412,670 while over 57,848,461 vaccinations have been administered across the continent. Reported deaths in Africa reached 187,173 and 6,533,903 people have recovered. South Africa has the most reported cases 2,652,652 and 78,694 people died. Other most-affected countries are Morocco (791,559), Tunisia (632,328), Ethiopia (292,731), Libya (291,168) Egypt (285,831) and Kenya (225,663). The numbers are compiled by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University using statistics from the World Health Organization and other international institutions as well as national and… Read More Here

Mining technology International

BME well-aligned with mining’s safety, sustainability vision

August 20, 2021August 20, 2021 admin

As the mining sector looks ahead to a brighter and more sustainable future, Omnia Group company BME has built a strategic foundation to support its mining customers’ ambitious vision for the future. While southern Africa’s mining sector was still not where it was seven or eight years ago, there has recently been improved industry performance in minerals such as gold, iron ore, platinum group metals, manganese, copper and cobalt. According to Ralf Hennecke, BME SADC Managing Director, this was having a particularly positive impact in areas like South Africa’s Northern… Read More Here

Cobalt Mining in DRC

DRC: Roskill predicts the evolution of the cobalt sector towards an oligopoly by 2025

August 20, 2021August 20, 2021 admin

By 2025, the three main cobalt miners in the Democratic Republic of Congo (DRC) could supply more than half of the world market, according to information provided by sector analysis firm Roskill through a note that it published last week. In the said briefing note, Roskill indicates that the DRC cobalt sector is expected to be more dominated by existing large producers and evolve into an oligopoly in the near future. Analysts at the Roskill firm explain this prediction by the fact that miners must increasingly turn to underground mining,… Read More Here