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Sandfire granted licence for copper mine in Botswana 1 Copper 

Sandfire granted licence for copper mine in Botswana

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Australia’s Sandfire Resources (ASX: SFR) said on Wednesday it had been granted a mining licence for its Motheo copper project in Botswana’s Kalahari Copper Belt. The Perth-based miner said the milestone was one of the two major conditions required for finalizing the final permitting process for the A$279 ($208m) million project. The Kalahari Copper Belt, which extends for nearly 1,000 km from northeast Botswana to western Namibia, is believed to be one of the world’s emerging but mostly under-explored copper-silver regions in the world. THE 3.2 MILLION TONNES PER ANNUM MOTHEO OPEN… Read More Here
Ivanhoe Mines executive says DRC cobalt bubble will burst 2 Battery Metals Cobalt Drilling 

Ivanhoe Mines executive says DRC cobalt bubble will burst

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Democratic Republic of Congo’s Chamber of Mines President Louis Watum predicts the cobalt bubble will burst with the rise of new battery technology The demand for cobalt is a bubble that will burst as new battery technology reduces the need for the metal, according to the head of the chamber of mines in the Democratic Republic of Congo. Democratic Republic of Congo is home to more than half the world’s cobalt resources Congo holds more than half the world’s cobalt reserves, but the market’s negative perception of the central African… Read More Here
TAKRAF South Africa supplies two apron feeders to DRC copper-cobalt mine 3 Cobalt Copper Equipment & Technology Mining in DRC 

TAKRAF South Africa supplies two apron feeders to DRC copper-cobalt mine

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Highlighting the ongoing demand for TAKRAF apron feeders, key equipment supplier TAKRAF South Africa, part of the global TAKRAF Group, has supplied two machines for a leading copper/cobalt mining operation in the Democratic Republic of Congo (DRC). The order was carried out during challenging COVID-19 pandemic conditions, with installation and commissioning assistance provided remotely due to travel restrictions. The TAKRAF apron feeders, which are being installed in two new crushing stations at the mine, are 1,830 mm wide by 11.2 m long (18° incline) and feed copper/cobalt ore at 1,200… Read More Here
Gold breaks $1 800 again as traders await steer from Fed minutes 4 Gold International 

Gold breaks $1 800 again as traders await steer from Fed minutes

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Gold climbed above $1 800 an ounce again as investors took a risk-off turn before the release of Federal Reserve meeting notes that should bring fresh insight on US monetary policy. Minutes from the Fed’s June gathering will be combed for more clues on the bank’s thinking around rates, bond-purchasing and the economic outlook. Gold is eyeing its highest close in three weeks as softer inflation-adjusted Treasury yields boost the metal’s appeal following its worst month since 2016 in June. “The risk off tone saw investor demand for the safe-haven… Read More Here
Kamoa-Kakula's Phase 1 concentrator plant fully operational 5 Copper Mining in DRC New Mining Projects 

Kamoa-Kakula’s Phase 1 concentrator plant fully operational

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Kamoa-Kakula Phase 1 concentrator plant fully operational; hot commissioning activities well-advanced, final performance testing to start shortlyFirst truckloads of copper concentrate delivered to local smelter on June 1; daily concentrate deliveries ongoing, first blister copper ingots receivedPhase 2 concentrator expansion to 7.6Mtpa on track for Q3 2022; civil works and structural steel construction ahead of scheduleKamoa Copper fully authorized to export blister copper and concentrate to international markets, off-take agreements in placeMining crews deliver 338,000 tonnes of ore grading 4.59% copper in June, including 66,200 tonnes grading 7.71% copper from the… Read More Here
Iron ore price up as China steel futures rise 6 Iron Ore International 

Iron ore price up as China steel futures rise

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Iron ore prices rose again on Tuesday following the steel price increase. The most-traded September iron ore futures contract on the Dalian Commodity Exchange (DCE) dropped in the morning but gained in the afternoon before closing up by 0.5% from Monday’s close of 1,225 yuan ($189) per tonne. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $222.36 a tonne on Tuesday, up 0.3% from Monday’s closing. The August contract for stainless steel on the Shanghai bourse was up 2.2% at 16,880 yuan… Read More Here
Copper price up on hopes of stronger US metals demand 7 Copper International 

Copper price up on hopes of stronger US metals demand

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Copper prices advanced on Monday on hopes of stronger demand for metals after data showed an acceleration in hiring in the United States. US companies in June hired the most workers in 10 months, raising wages and offering incentives to entice millions of unemployed Americans “Wage growth tends to lead to strong demand for durable goods, a key sector for the metals markets,” said ANZ analysts in a note. Copper for delivery in September rose 1.9% from Friday’s settlement price, touching $4.358 per pound ($9,587 per tonne) midday Monday on… Read More Here
MAINTENANCE PLANNER | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 8 Mining Careers Mining in Zambia 

MAINTENANCE PLANNER | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Engineering | Requisition number: 092553 | Location: Lumwana Mine, Kalumbila Zambia. |Reporting to: Coordinator – Maintenance Planning and Reliability. Apply now Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the Northwestern 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… Read More Here
Glencore welcomes Kalidas Madhavpeddi as new chairperson 9 Mining Personality 

Glencore welcomes Kalidas Madhavpeddi as new chairperson

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Miner and commodity trader chooses non-executive director Kalidas Madhavpeddi to replace Tony Hayward. Glencore has chosen an internal candidate as its new chair, completing an overhaul at the top of the miner and commodity trader. Kalidas Madhavpeddi, a non-executive director, will replace Tony Hayward, who will step down at the end of the month after eight years as chair and more than 10 years on the board. The appointment of Madhavpeddi, 65, comes days after Glencore’s long-serving chief executive Ivan Glasenberg stepped down, and marks a shift to new leadership… Read More Here
DRC: prices of copper, cobalt and zinc, up this week. 10 Cobalt Copper International Mining in DRC Zinc 

DRC: prices of copper, cobalt and zinc, up this week.

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The main export minerals from the Democratic Republic of the Congo are on the rise this week, from July 5 to July 10, on the international market, according to forecasts by the National Commission of Mercurials, a service attached to the Ministry of Foreign Trade. Copper is trading this week at $ 9,353.40 per tonne versus $ 9,237.20 in the June 26-July 3, 2021 period, a price hike of $ 116.2, according to the National Commission forecast. mercurials. Likewise, cobalt is trending upward this week and is selling at $… Read More Here

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