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Copper price falls amid covid-19 worries 1 Copper Covid-19 International 

Copper price falls amid covid-19 worries

The copper price fell on Monday as the dollar hovered near its highest levels in months, making greenback-priced metals more expensive and less appealing to holders of other currencies. Daily new coronavirus infections have been surging from the United States and Europe to Asia due to the spread of the Delta variant, making investors nervous about the global economic recovery and putting money into safe haven assets. Copper for delivery in September fell 2.7% from Friday’s settlement price, touching $4.204 per pound ($9,248 per tonne) midday Monday on the Comex… Read More Here
Arc Minerals starts diamond drill programme in Zambia 2 Mining in Zambia Exploration New Mining Projects 

Arc Minerals starts diamond drill programme in Zambia

Junior explorer Arc Minerals has started a diamond drill programme on its majority-controlled licences in north-western Zambia. Diamond drilling activities are under way at the Fwiji target area following further technical work and analysis from last year’s exploration drilling campaign. The programme will initially centre on a linear feature of about 2 km to the south of last year’s drilling at Fwiji, where a coincident magnetic and soil anomaly has been identified. This year’s programme will also focus on the Cheyeza and Muswema target areas where the drill target locations are to be finessed upon the completion of… Read More Here
Bisie: The only way to get exposure to tin 3 Mining in DRC Mining in Zambia Tin 

Bisie: The only way to get exposure to tin

Today, Bisie produces close to 4% of the world’s tin-in-concentrate. The mine has come a long way since its inception six years ago and after initial teething problems is now producing some of the highest- grade tin in the world. Moreover, with the balance sheet firmly under control, and several growth projects in the pipeline, Bisie is set to continue doing so over at least the next 20 years.       Discovering a mineral deposit in remote Africa, raising enough capital, developing the ore body, building a world-class mine from scratch; and then… Read More Here
PROCESS PLANT METALLURGICAL INTERNS | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 4 Mining Careers Mining in Zambia 

PROCESS PLANT METALLURGICAL INTERNS | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

Category: Metallurgy | Requisition number: 092697 | Location: Lumwana Mine, Kalumbila Zambia. |Reporting to: Metallurgical Superintendent 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 a… Read More Here
China Moly's Congo mine expansion project starts trial production 5 Cobalt Copper Mining in DRC 

China Moly’s Congo mine expansion project starts trial production

The expansion project of China Molybdenum’s Tenke Fungurume Mining (TFM) mine in Democratic Republic of Congo had started trial production on July 16, the company said in a statement. The expansion project of the TFM mine is expected to produce 88 500 t of copper cathode and 7 280 t of cobalt hydroxide, according to the statement seen by Reuters on Monday. It also has a designed capacity to process 3.3-million tonnes of ore per year, said the Chinese miner. The giant Tenke Fungurume mine, one of the world’s largest… Read More Here
Chinese company's green mining practice wins praises from local community-DRC 6 Mining in DRC Copper Energy 

Chinese company’s green mining practice wins praises from local community-DRC

In Kolwezi, in southern Democratic Republic of the Congo (DRC), beyond counting are drilling rigs and dump trucks coming back and forth on mine after mine. But on the outskirt of this world-class mining hub, one particular mine stands out from the others, with greenery sprawling its mining dumps where a lot of dust are always supposed to be in the air. After years of green mining practice, Chinese mining company Zijin Mining, the owner of this green mine, has won praise from the local community by constantly reducing the… Read More Here
DRC: gold, silver and tin on the rise this week on the market (Mercuriales Min. Commerce Ext.) 7 Gold Mining in DRC Tin 

DRC: gold, silver and tin on the rise this week on the market (Mercuriales Min. Commerce Ext.)

Among the Democratic Republic of Congo’s mining exports showing an uptrend this week, July 19-24, 2021, are gold, tin, and silver, according to forecasts. of the National Commission of Mercuriales of Prices, structure of the Ministry of Foreign Trade. Gold is trading this week around $ 59.52 per gram versus $ 57.93 per gram last week, showing a positive price spread of $ 1.59, according to Mercuriales forecast. Likewise, silver is also showing an uptrend this week trading at $ 0.87 per gram versus $ 0.86 per gram last week,… Read More Here
Lithium-ion batteries need to be greener and more ethical 8 Battery Metals Cobalt Lithium 

Lithium-ion batteries need to be greener and more ethical

A low-carbon future rests on an essential, yet also problematic, technology. Lithium-ion rechargeable batteries — already widely used in laptops and smartphones — will be the beating heart of electric vehicles and much else. They are also needed to help power the world’s electric grids, because renewable sources, such as solar and wind energy, still cannot provide energy 24 hours a day. The market for lithium-ion batteries is projected by the industry to grow from US$30 billion in 2017 to $100 billion in 2025. But this increase is not itself… Read More Here
Clean, green copper to be produced at Kamoa’s hydropowered DRC operation 9 Copper Energy Mining in DRC 

Clean, green copper to be produced at Kamoa’s hydropowered DRC operation

Clean, green copper is said to be produced at the Kamoa Copper operation in the Democratic Republic of Congo (DRC), where the Ivanhoe Mines-Zijin operation has secured clean, renewable hydro-generated electricity. “The upgrade of the Mwadingusha hydropower plant has been very successful. The facility will provide clean hydro-generated electricity to local communities as well as to Kamoa Copper,” the company said. Securing sustainable, long-term electricity is essential in the development of Kamoa Copper, the first phase concentrator of which is now fully operational. A total of 338 000 t grading… Read More Here
China’s JCHX on its evolution from global mining contractor to mine owner and developer 10 Copper International Mining in DRC 

China’s JCHX on its evolution from global mining contractor to mine owner and developer

In late April, on behalf of JCHX Mining Management, Jianzhong Zhang signed a handover document with ERG for transfer of ownership of the Lonshi copper mine in DRC, located only 3 km from the Zambia border, which Zhang told IM “blew the horn of JCHX marching into its own mining development.” Zhang is the Managing Director JCHX’s DRC subsidiary Jimond Mining Management Company (JMMC) and is tasked with getting the mine up and running as soon as possible to take advantage of copper price highs. He is already highly experienced having overseen… Read More Here

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