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World Needs Congo Copper to Kick Fossil Fuels, Billionaire Says 1 Mining in DRC Copper 

World Needs Congo Copper to Kick Fossil Fuels, Billionaire Says

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An African nation emerging from decades of conflict and corruption holds the key to greening the global economy. That’s the view of mining magnate Robert Friedland, whose Kamoa-Kakula venture just started producing copper in the Democratic Republic of the Congo. After scouring 59 countries over more than three decades, the Canadian billionaire says Congo has the world’s best deposits of the metal used in everything from electric cars to solar panels and power grids. Governments and companies are embracing electrification to wean the world off fossil fuels, but shortages of… Read More Here
Iron ore price down as Chinese imports fall 2 International Iron Ore 

Iron ore price down as Chinese imports fall

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Iron ore prices fell on Monday as China’s subdued trade data for May and narrowing profit margins for the country’s steelmakers – responsible for more than half the globe’s output – dampened market enthusiasm. China imported 89.8 million tonnes of iron ore last month, substantially lower than the 98.6 million tonnes it bought in April and 102.1 million tonnes in March. “The proportion of iron ore shipped to China from Australia fell a lot recently, and we can see the decline to continue in coming months,” said Wang Yingwu, analyst… Read More Here
Epiroc targets 'connectivity bottleneck' with 3D-P acquisition 3 Equipment & Technology Mining technology 

Epiroc targets ‘connectivity bottleneck’ with 3D-P acquisition

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Swedish mining equipment maker Epiroc plans to acquire Canadian surface mining wireless connectivity solutions provider 3D-P. Epiroc noted that the acquisition of 3D-P, which specialises in Network-as-a-Service (NaaS) and fleet connectivity solutions, would be important as its customers increasingly seek stronger wireless connectivity for automation and digitalisation. “The mining environment is changing all the time, and that is clear in almost all our automation projects,” Helena Hedblom, Epiroc’s President and CEO, told Mining Magazine. 3D-P’s Intelligent Endpoint system was designed and manufactured in Calgary. The company previously designed GPS systems… Read More Here
DRC Mining Week Online to welcome Mining Minister Kalambayi and UK Trade Envoy Lord Popat 4 Mining in DRC Events & Expos 

DRC Mining Week Online to welcome Mining Minister Kalambayi and UK Trade Envoy Lord Popat

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The upcoming DRC Mining Week Online’s opening session on 14 June will feature a keynote address by the country’s mining minister, H.E. Antoinette N’Samba Kalambayi. The event organisers have also received confirmation from the Office of the Presidency of the DRC that Mr André Wameso, Deputy Chief of Staff in the Office of the Presidency in charge of economic and financial matters, will join the opening session, along with the UK Prime Minister’s Trade Envoy, Lord Popat, for an in-depth discussion of the country’s investment rating. The other experts on this panel are: • Louis Watum, President,… Read More Here
DR Congo diamond mining giant struggles to revive its glory days 5 Mining in DRC Diamond 

DR Congo diamond mining giant struggles to revive its glory days

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Once the home of Democratic Republic of Congo’s state diamond company Miba, the town used to be filled with free-spending miners and their families, who brought a giddy touch of prosperity to remote Kasai-Oriental province. But at the end of last century, Miba — the Bakwanga Mining Company — began to go into a long downward spiral, taking the town with it. Poor management, crumbling infrastructure, embezzlement and looting, especially during the two Great Congo Wars between 1997 and 2003, left Miba crippled by debt and at the mercy of… Read More Here
Hype around 29Metals plus strong copper price good for Castillo 6 Copper Mining in Zambia 

Hype around 29Metals plus strong copper price good for Castillo

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CASTILLO Copper has raised nearly A$12 million for exploring its Mt Oxide and Zambia ground, with the junior crediting the prospectivity of its tenure, the strong price of the red metal, and the big IPO of EMR Capital’s 29Metals copper mining business. The latter is reportedly in the final throes of raising $500-600 million for a portfolio that includes the Capricorn operation in Queensland, located 7km from Castillo’s key Mt Oxide ground holding. Castillo plans to test multiple targets at Mt Oxide over the next few months, including the Big… Read More Here
Codan finally sells Minetec to Caterpillar for $14 million after three year collaboration 7 Equipment & Technology Mining technology 

Codan finally sells Minetec to Caterpillar for $14 million after three year collaboration

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Back in February 2018, Caterpillar and Codan Ltd-owned Minetec, announced an agreement for the development and delivery of technologies targeting underground hard rock mining challenges with the integrated solutions to be offered as part of Cat® MineStar™. The third party collaboration brought Cat greater underground positioning capabilities and an underground tracking network with a high speed data channel on top of it. Fast forward to today and the relationship has culminated in Codan agreeing to sell 100% of Minetec to Caterpillar for $14 million. Following completion, Codan will provide manufacturing services to Caterpillar for… Read More Here
TECHNICIAN,MINING | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 8 Mining Careers Mining in Zambia 

TECHNICIAN,MINING | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR1989| Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Information Technology Apply now Purpose of the role: To be responsible for the installation and repairs of all mining systems on site. Key Responsibilities : level of the role and responsibilities of the function; Responsible for the repair and Optimization of the Mine’s Private Radio Network. Ensure timely management of all radio repeater stations on site – as well as installation, programming and repairing of all user equipment on site. Conduct repairs of the Mine’s Pit Rajant Mesh Network (Production Network). Ensure that all Repair and… Read More Here
AVZ on track to develop world’s largest hard-rock lithium project 9 Battery Metals Lithium Mining in DRC New Mining Projects Tin 

AVZ on track to develop world’s largest hard-rock lithium project

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Manono is the largest and highest grade undeveloped hard-rock lithium project in the world, and AVZ aims to ensure it is 100% ‘green’. Australian-listed  AVZ Minerals (ASX:AVZ) is surging towards deciding to go into production after signing four long-term offtake agreements for its world-class Manono hard-rock lithium and tin project during the last four months. The binding SC6 offtake agreements are with three of China’s major lithium converters, and the fourth is a tin offtake agreement with Kalon Resources, which is a 100% owned subsidiary of Noble Group Holdings: Asia’s leading… Read More Here
Gold price rebounds as US payroll data assuages stimulus pullback concerns 10 Gold International 

Gold price rebounds as US payroll data assuages stimulus pullback concerns

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Gold prices rebounded from more than a two-week low on Friday after the latest US non-farm payrolls data fell short of expectations, though bullion is still on course to register its biggest weekly decline since March. Spot gold advanced 1.1% to $1,892.93 per ounce by noon ET, having reached its lowest since May 19 at $1,855.59 earlier. US gold futures for August delivery also had a 1.1% gain, trading at $1,895.10 per ounce in New York. According to the latest Labor Department report, US payrolls increased by 559,000 last month,… Read More Here

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