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DRC: CNPAV alerts Tshisekedi on Dan Gertler's involvement in the KCC mine where he plans to inaugurate a new production unit 1 Mining in DRC Copper Corporate social responsibility Governance 

DRC: CNPAV alerts Tshisekedi on Dan Gertler’s involvement in the KCC mine where he plans to inaugurate a new production unit

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While the Head of State Félix Tshisekedi arrived this Wednesday, May 13 in the province of Haut-Katanga, where he was announced at the inauguration of a production unit at the Kamoto Copper Company sulfuric acid plant (KCC), The Congo is not for sale (CNPAV) alert on the involvement of Dan Gertler in this factory. Indeed, according to various sources, on site in Kolwezi, Felix Tshisekedi will inaugurate in particular a branch of the Central Bank of Congo (BCC), the building housing the work office of the President of the Republic… Read More Here
US $260m Kazungula bridge in Southern Africa officially opened 2 Mining in DRC Mining in Zambia 

US $260m Kazungula bridge in Southern Africa officially opened

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Botswana and Zambia in Southern Africa have officially opened the US $260m Kazungula bridge. Botswana President Mokgweetsi Masisi and Zambian President Edgar Lungu presided over the ceremony to mark the opening of Kazungula. The Democratic Republic of Congo (DRC) President Felix Tshisekedi, Mozambican President Filipe Nyusi and Zimbabwean President Emmerson Mnangagwa also attended the ceremony. The 923m road and rail bridge is expected to alleviate congestion at one of Africa’s busiest border crossings in neighbouring Zimbabwe. It will offer a faster and cheaper alternative to a route via Beitbridge on… Read More Here
Metso Outotec wins yet another pelletizing plant order in China 3 Equipment & Technology Mining Supply Tenders 

Metso Outotec wins yet another pelletizing plant order in China

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Metso Outotec has signed a contract with Beijing Shougang International Engineering Technology Co, Ltd. (BSIET) on the delivery of environmentally sound pelletizing technology for Yunnan Yuxi Yukun Iron and Steel Group Co., Ltd. The iron ore pelletizing plant will be built in the Dahua industry park of Eshan, Yuxi, Yunnan, China. The order value is not disclosed. The contract has been booked into Metals’ Q2/2021 orders received. Metso Outotec’s scope of delivery covers the engineering and design of the indurating system, engineering of the process gas fan system, supply of proprietary equipment, instrumentation… Read More Here
China’s mining contracting major JCHX buys Lonshi copper mining project in DRC from ERG 4 Copper Mining in DRC 

China’s mining contracting major JCHX buys Lonshi copper mining project in DRC from ERG

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On April 26, a ceremony was held for the completion of JCHX’s acquisition of ERG’s copper asset in DRC which the Chinese mining engineering and contracting major says marks a major milestone in its strategy to become more directly involved in resource development. ERG is a diversified Luxembourg-based natural resources group focusing on mining, processing, energy, logistics and marketing, with businesses across Kazakhstan, China, Russia, Brazil, DRC, Zambia, Mozambique, and the Republic of South Africa. ERG has maintained successful long-term cooperation with various Chinese enterprises. On January 15, 2021, a… Read More Here
Ivanhoe Mines Announces Inclusion in the MSCI Canada Index 5 Uncategorized 

Ivanhoe Mines Announces Inclusion in the MSCI Canada Index

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Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) President and CFO Marna Cloete is pleased to announce the company has been informed that effective following the close of May 27, 2021, the Class A common shares of Ivanhoe Mines will be added to the MSCI Canada Index. The MSCI Canada Index is designed to measure the performance of the large and mid cap segments of the Canadian market. Currently with 89 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in Canada. About Ivanhoe Mines Ivanhoe Mines is a Canadian… Read More Here
INVENTORY AUDITOR AND SHIPMENT | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 6 Mining Careers Mining in Zambia 

INVENTORY AUDITOR AND SHIPMENT | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR2998| Country: Zambia | Contract Type: On-Going| Location: Solwezi | Categories: Procurement and Logistics Apply now Purpose of the role: Perform Inventory transactions as required as well as the ANSI process, and to ensure stock accuracy within the warehouse. Key Duties and Responsibilities: Carries out all Inventory Transaction functions in the system to rectify stock balances and descriptions Catalogues new Items into the system Routinely carries out a review of all stock item description in the system to remove duplicates Performs routine stock audits within the warehouse Shipment processing to ensure correct landed cost of items in… Read More Here
Epiroc, Ericsson join EU's NEXGEN SIMS 7 Equipment & Technology 

Epiroc, Ericsson join EU’s NEXGEN SIMS

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Sweden-based equipment manufacturer Epiroc has started a new European Union-funded collaboration project with several mining companies, equipment and system manufacturers and universities. The three-year project, called Next Generation Carbon Neutral Pilots for Smart Intelligent Mining Systems (NEXGEN SIMS), aims to support new technologies, methods and processes that will enable a more sustainable and efficient carbon-neutral mining operation. The project, which has a total budget of €16 million (US$19.5 million), started on May 1, 2021 and will run until April 30, 2024. The project is coordinated by Epiroc, and the other… Read More Here
Copper price hits new high on declining scrap supplies 8 Copper International 

Copper price hits new high on declining scrap supplies

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Shortages of copper and declining inventories could drive prices to levels beyond current record highs unless scrap supplies increase — scrap accounts for about a third of the roughly 30 million tonnes of annual global copper supplies. As copper prices rise, the flow of scrap accelerates as the market attempts to cover the gap between demand and supply. Copper for delivery in July was up 0.9% Tuesday afternoon, with futures trading at $4.7620 per pound ($10,476 a tonne) on the Comex market in New York. “The copper market is tight,… Read More Here
Gold holds near three-month high as inflation, Fed in focus 9 Gold International 

Gold holds near three-month high as inflation, Fed in focus

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old held near the highest level in three months as investors weighed growing inflation risks and comments from Federal Reserve officials on the labor market for clues on monetary policy going forward. Bond market expectations for the pace of consumer price inflation over the coming half decade surged on Monday to the highest level since 2006. The jump in the five-year breakeven rate comes amid a run-up in commodities and adds to a longer-term uptick in inflation bets that’s been fueled by improving prospects for growth, plans for infrastructure spending… Read More Here
Lucapa diamond sale totals US$5.0 million 10 Diamond 

Lucapa diamond sale totals US$5.0 million

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Lucapa Diamond Company and its partners Empresa Nacional de Diamantes E.P. and Rosas & Petalas have announced the results of the recent diamond sale of 2021 by Sociedade Mineira Do Lulo from its Lulo alluvial mine in Angola. The rough diamond parcel of 4,000 carats was sold for a total of US$5.0 million or US$1,239 per carat. This sale excluded seven high-value diamonds, including two pink diamonds, which have been put aside for a later sale. This sale brings total 2021 year to date rough diamond sales from both diamond… Read More Here

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