admin - Copperbelt Katanga Mining

Written by admin

Cobalt, nickel battery use rises as electric sports cars gain popularity

April 21, 2021April 21, 2021 admin

Despite a big drop from December’s blowout, largely due to seasonal factors, the February 2021 MINING.COM EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the world, still ranks as the fourth best month on record. Just shy of $300 million worth of lithium, cobalt, nickel and graphite hit roads in February, up 170% from the same month last year as the impact of the coronavirus only just started to ripple beyond China. For the first two months, the year on… Read More Here

Gold International

Mined gold supply still not keeping up with demand

April 21, 2021April 21, 2021 admin

2020 was a mixed bag for gold producers. On the one hand covid-19 forced many to temporarily halt operations, due to government-imposed lockdowns. Yet last year also saw gold hit a record $2,034 per ounce, due mainly to pandemic-related demand shocks, including a sharp drop in the US dollar; the flight from equities to bonds, which drove yields to record lows, thus supporting investments in gold; and monetary easing across the major central banks, comprising a resumption of quantitative easing (mainly bond buying) designed to drive down interest rates and… Read More Here

Mining in DRC Mining Supply Tenders

Chinese enterprise wins bid for airport project in DRC

April 21, 2021April 21, 2021 admin

China First Highway Engineering Group(CFHEC) has recently won bid for a runway and beacon project of Kisangani Airport in Democratic Republic of the Congo (DRC). The project includes construction of runway, apron, taxi way renovation of Kisangani International Airport and the beacon project. The construction period is 24 months. Located in the capital of Tshopo district, Kisangani International Airport is one of the five largest international airports in the Democratic Republic of the Congo. Before this, CFHEC undertook the runway project of Lubumbashi International Airport in Congo (DRC) and Goma… Read More Here

Mining Careers Mining in Zambia

SUPERVISOR- STORES | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

April 21, 2021April 21, 2021 admin

Requisition Number: JR2622| Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Process Apply now Overall Job Purpose Coordinating Warehouse Operations This entails team leadership, delegation and getting involved in all sections; Overseeing of warehouse processes Specific Job Responsibility Overseeing of warehouse processes Ensuring that there is effective work output by the members of staff by adhering to standard operating procedures Delegate/coordinate tasks to employees Managing Leads and ensuring they are giving Orientation and guidance to the Commercial officers Training, guiding and evaluating performance of new warehouse personnel. Ensuring that as a department the primary objective is achieved,… Read More Here

Lithium

IronRidge reports high lithium grades at Ghana project

April 20, 2021April 20, 2021 admin

Africa-focused minerals explorer IronRidge Resources has found additional high-grade lithium pegmatite drill intersections, including multiple drill intersections over 2% lithium oxide, at new targets adjacent to the Ewoyaa lithium project (ELP), in Ghana. The company has a defined Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimate of 14.5-million tonnes at 1.31% lithium oxide (Li2O) in the inferred and indicated category, including 4.5-million tonnes at 1.39% Li2O in the indicated category at ELP. Commenting on IronRidge’s latest progress, CEO Vincent Mascolo says the company has “defined a new mineralised structure at the Anokyi South target where a… Read More Here

Equipment & Technology

BIA Group adds underground Products with GHH alliance

April 20, 2021April 20, 2021 admin

BIA Group says it has completed its mining offer in Africa by entering into an alliance with GHH. “By adding underground products to its portfolio, BIA position itself as the complete full liner towards mining customers in Africa. For GHH Group this partnership means a drastic expansion of its presence in the African market. The company can rely on the more than 1,000 employees securing sales and after sales, as well as BIA’s undeniable advantage of an extremely well established company with track record experience in the African market.” BIA… Read More Here

Mining in Zambia New Mining Projects

Rio Tinto kicks off exploration at Midnight Sun’s Solwezi project in Zambia

April 20, 2021April 20, 2021 admin

Midnight Sun Mining (TSX-V: MMA) announced Monday that Rio Tinto Mining and Exploration has commenced its initial 2021 exploration campaign on Midnight Sun’s Solwezi Licences in Zambia. According to the statement, Rio Tinto is in Stage 1 of the previously announced earn-in and joint venture agreement. The initial 2021 work program budget is USD $3,200,000 and is expected to be completed in late June. Results of this exploration work will dictate the additional budgets for 2021. President and CEO Al Fabbro commented, “After a lengthy rainy season and dealing with the… Read More Here

Copper Gold Mining in DRC

Kibali on track to meet full-year guidance

April 20, 2021April 20, 2021 admin

Gold and copper miner Barrick Gold’s Kibali mine, in the Democratic Republic of Congo (DRC) produced 191 612 oz of gold in the first quarter of this year, thereby keeping it on track to achieve its full year production target. The mine’s underground operation was the primary driver of production, while continuing improvements in the plant’s throughput and recovery rates also contributed to Kibali’s on-plan delivery. In addition, efficiency improvement projects completed during the quarter, including an upgrade of the hoisting infrastructure, are expected to boost the mine’s performance further.… Read More Here

Mining in DRC

Barrick’s Bristow hopes to “resolve certain issues” as DRC strengthens powerbase

April 20, 2021April 20, 2021 admin

BARRICK Gold CEO, Mark Bristow, said he hoped to resolve “certain outstanding issues” related to the Democratic Republic of Congo (DRC) following the formation of the country’s new coalition government by its president, Felix Tshisekedi. Tshisekedi formed a new cabinet earlier this month in a development that signals the balance of power in the DRC may have shifted to the president from the country’s former head of state, Joseph Kabila. One of the outstanding issues Bristow referred to was unfinished business regarding the country’s unpopular new mining code. The code, promulgated… Read More Here

Copper International

Copper price rallies toward nine-year high on increased demand

April 20, 2021April 20, 2021 admin

Copper prices rose on Monday on increased demand and as the US dollar fell. Copper for delivery in May was up 1.98% in afternoon trade, with futures at $4.2505 per pound ($9,3511 a tonne) on the Comex market in New York, nearing February’s peak of $9,617, the highest since 2011. “That February high will be tested sooner or later,” Saxo Bank analyst Ole Hansen told Reuters. Goldman Sachs sees prices average $11,000 per tonne over the next 12 months, according to the Business Insider. By 2025, the metal could be priced at… Read More Here