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Democratic Republic of the Congo aims to assume control of artisanal mining sector

May 18, 2021May 18, 2021 admin

The Democratic Republic of Congo is undertaking a huge, and potentially significant, experiment, Reuters reported recently. The effort aims to clean up the DRC’s appalling reputational image as a supplier tainted with all manner of human rights abuses and lack of supply chain transparency. Reuters reports the state, in the guise of a new enterprise called the Enterprise Generale du Cobalt (EGC), aims to assume total control of the artisanal cobalt mining sector. That includes monopoly rights to buy all production. Congo and the artisanal cobalt mining sector The government is… Read More Here

International Gold

Gold price tops 3-month high as fund buying picks up

May 18, 2021May 18, 2021 admin

Gold prices touched their highest in over three months on Monday, with signs showing money managers and exchange-traded fund investors are turning more positive on the precious metal. Spot gold advanced 1.2% to $1,865.74/oz by 11:50 a.m. ET Monday, crossing the key $1,850/oz technical level for the first time since early February. US gold future also gained $1.5% to $1,865.80/oz on the Comex in New York According to government figures from last week, hedge fund managers have increased their long-only position in US futures and options by 12% from a… Read More Here

Mining Careers Mining in Zambia

MATERIALS CONTROLLER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

May 17, 2021May 17, 2021 admin

Requisition Number: JR2975| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Categories: Construction Apply now PURPOSE To facilitate purchasing & production control/flow by ensuring efficient movement of goods or supplies by performing post order coordination with vendors and expedite materials to ensure delivery schedule matches specifications. KEY RESPONSIBILITIES The suitable candidate will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and relevant to the level of the role and responsibilities… Read More Here

Mining Careers Mining in Zambia

CLERK,ADMINISTRATIVE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

May 17, 2021May 17, 2021 admin

Requisition Number: JR2976| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Categories: Construction Apply now PURPOSE The Clerk, Administrative will be responsible for a variety of administrative support functions under minimal supervision. As well as responsible for liaison assignments which include contact with the customers, officials and management. KEY RESPONSIBILITIES Coordinates daily administrative activities for the office Performs office management duties; manage the sales front office and manage customer inquiries Record house maintenance request, follow ups and update in the system Communicate with prospective customers when houses are ready for hand over and arrange house exit inspections… Read More Here

Mining Careers Mining in Zambia

COMMERCIAL GRADUATE MANAGEMENT TRAINEE | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

May 17, 2021May 17, 2021 admin

Requisition Number: JR2938| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Categories: Graduate Apply now Overall Job Purpose Kalumbila Minerals Limited is looking for a Zambian graduate trainee with a University/College degree. The Commercial Graduate Management Trainee (CGMT) will rotate through the Sentinel commercial department working on projects or tasks as assigned by the commercial manager. The purpose of the role is to expose a young graduate to mining specific commercial tasks with the ultimate goal of progression into a senior commercial position. There is potential for rotation of the CGMT across other Zambian sites. Specific Job… Read More Here

Mining in DRC Lithium Tin

AVZ documentation for mining Manono license under consideration

May 17, 2021May 17, 2021 admin

AVZ Minerals has announced all of the required documentation to support its application for the Permis d’Exploitation in respect to the Manono Lithium and Tin Project has been lodged and accepted for consideration by the Cadastre Minier in Kinshasa. The documentation and formal application – which were submitted by AVZ’s majority-owned DRC company, Dathcom Mining SA, will now be assessed by the DRC Government prior to approval of the granting of the Mining Licence for the Manono Project as soon as practicably possible. AVZ’s MD, Nigel Ferguson, says: “Lodging our… Read More Here

Copper Cobalt Mining in DRC

Ramp-up puts Glencore’s KCC on track

May 17, 2021May 17, 2021 admin

Glencore says its Kamoto Copper Company in the Democratic Republic of Congo is on track to achieve annualised nameplate production capacity after a successful ramp-up in 2020. CEO Ivan Glasenberg also said the company was committed to both KCC and its currently mothballed Mutanda copper-cobalt mine in the country. He said Glencore was honoured last week by a visit to KCC from dignitaries, including DRC president Felix Tshisekedi, in recognition of Glencore’s ongoing commitment to and investment in the country. “KCC represents a key part of Glencore’s almost US$8 billion… Read More Here

Copper International

Copper resumes gains as supply risks, China demand buoy outlook

May 17, 2021May 17, 2021 admin

Copper rebounded after its first weekly loss in six on concerns about disruptions to supply in Chile and as Chinese demand showed signs of picking up. Workers at BHP Group’s remote operations center in Santiago rejected the company’s final wage offer, with almost 97% of the union’s members opting to strike. The miner now has the right to call for government mediation that could last as long as 10 days and, while a strike raises the specter of disruptions, BHP may opt to bring in replacements to keep the center… Read More Here

Mining in DRC Infrastructural Development

DRC president hails mining, infrastructure cooperation with China

May 15, 2021May 15, 2021 admin

President of the Democratic Republic of the Congo (DRC) Felix Tshisekedi said on Thursday that he attaches great importance to DRC-China relations and intends to deepen mining and infrastructure cooperation with Chinese companies. Tshisekedi made the remarks while inspecting the Sino Congolaise des Mines (Sicomines), a joint venture between the DRC state mining company Gecamines and a group of Chinese companies, in Kolwezi of the southeastern province of Lualaba. During the inspection, Tshisekedi expressed his willingness to promote Sicomines projects, for the sake of DRC’s economic prospect as well as… Read More Here

Mining in DRC Cobalt Copper New Mining Projects

DRC: Félix Tshisekedi and Sama Lukonde attended the inauguration of the new KCC research plant in Kolwezi

May 15, 2021May 15, 2021 admin

Over 300,000 tonnes of copper and over 40,000 tonnes of cobalt per year. KCC employs over 10,000 people to date. Kamoto Copper Compagny is a mining company with superlatives. Larger in all areas, Kamoto Copper Company was honored to receive, on May 13, 2021, an extremely rare event, both the visit of the President of the Republic and the Prime Minister. This mining giant, the largest producer of cobalt in the world, weighs nearly 6 billion US dollars in investment. It is also the largest producer of copper in Africa and the… Read More Here