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Barrick maintains full-year guidance after good first-quarter performance 1 Gold Copper 

Barrick maintains full-year guidance after good first-quarter performance

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NYSE- and TSX-listed Barrick Gold says it is on track to reach its production targets for the current financial year, after reporting preliminary production of 1.1-million ounces of gold and 93-million pounds of copper in the first quarter of the year. The preliminary first-quarter gold output was lower than that of the fourth quarter last year, mainly owing to mine sequencing undertaken at the Carlin and Cortez operations, as well as lower grades achieved at the Pueblo Viejo operation – in line with the mine’s and stockpile processing plan. Lower grades and production from the Tongon operation, which is consistent with… Read More Here
Africa: Continent Nears 4.4 Million Confirmed Cases of Covid-19 2 Covid-19 

Africa: Continent Nears 4.4 Million Confirmed Cases of Covid-19

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As of April 15, confirmed cases of Covid-19 from 55 African countries reached  4,383,084 while over 9,167,668 vaccinations have been administered across the continent. Reported deaths in Africa reached   116,746   and 3,934,465 people have recovered. South Africa has the most reported cases –   1,561,559   – and   53,498 people died. Other most-affected countries are Morocco ( 503,664 ), Tunisia ( 276,727 ), Ethiopia ( 234,405 ), Egypt ( 212,961 ), Libya ( 170,045 ) and Nigeria ( 164,000 ) The numbers are compiled by the Center for Systems Science and Engineering… Read More Here
Metso Outotec launches filtration range 3 Mining Equipment Mining technology 

Metso Outotec launches filtration range

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Finland’s Metso Outotec has launched a new range of filtration solutions and services that target cost of ownership, as well as capacity and residual moisture gains. The range of 15 different filter types includes pressure filters of up to 100 bar pressure, as well as vacuum filters and polishing filters, said the company. The Larox brand, of which Metso Outotec is the sole owner following Outotec’s purchase of the Finnish company in 2009, will be reintroduced as a strategic product family name for selected filters. “Our unique filtration solutions portfolio… Read More Here
Copper price scales $9,000 after Goldman calls it the new oil 4 Copper International 

Copper price scales $9,000 after Goldman calls it the new oil

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Copper resumed its rally on Wednesday, as analysts and executives expect increasing demand and likely low supply to drive prices even higher. Copper for delivery in May was up 2.51% in afternoon trade, with futures at $4.1310 per pound ($9,088 a tonne) on the Comex market in New York. The industrial bellwether metal is crucial in the global push for a greener economy, and right now, the market is facing a supply crunch. US’s post-pandemic recovery and the Biden Administration’s infrastructure plan are helping to build momentum for base metals. Goldman Sachs sees prices average… Read More Here
Congo Nears Settlement of $619 Million Oil Arbitration Case 5 Oil & Gas 

Congo Nears Settlement of $619 Million Oil Arbitration Case

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The Democratic Republic of Congo is considering settling a $619 million arbitration case by awarding a South African junior oil company almost half that amount in cash and new oil and mining permits. The settlement with DIG Oil Ltd. would resolve a 13-year dispute over oil licenses in the central African nation. The Johannesburg-based company won the award in 2018 at an arbitration court in France that found Congo failed to honor two production-sharing agreements approved by former President Joseph Kabila’s administration. The tentative settlement would have Congo pay DIG… Read More Here
PROCESS PLANT TRAINER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 6 Mining Careers Mining in Zambia 

PROCESS PLANT TRAINER | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR2702| Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Process Apply now Purpose of the role: Conduct process operations training and development activities aimed at improving the performance of the business by improving performance of employees through enhancing of knowledge and skills of process operations employees. Key Duties and Responsibilities: Developing of role specific training paths Developing training materials in accordance with FQML standards. Scheduling training events in INX as requested by the client. Conduct field, classroom and e-learning training Manage trainees that have reported for training Conduct theory and practical assessments in line with… Read More Here
BME develops products enabling safer blasting in reactive ground 7 Mining technology 

BME develops products enabling safer blasting in reactive ground

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Sulfide-bearing ground presents numerous risks to users of ammonium nitrate (AN) based explosives. As a result, BME, part of the JSE-listed Omnia Group, has developed both the products and systems to manage safer blasting under these conditions. “We have evolved our emulsion explosives and our testing methodology to deal with the risks posed by reactive ground,” said Dr Rakhi Pathak, BME’s Senior Product Manager. “This has allowed us to routinely conduct blasting safely under these conditions at various customer sites.” Dr Pathak noted that the exothermic reaction between AN and… Read More Here
Mopani Copper Mines Mining in Zambia Mining Companies 

Mopani unveils new brand identity with redesigned logo

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Designed to reflect Mopani’s new corporate philosophy of increased confidence in the ability of Zambian professionals to manage their own assets, the new Mopani logo evokes a sense of inspiration and optimism. The breaking long and short lines on either side of the ZCCM-IH strapline signify our new parent company’s corporate strategy of breaking new grounds and expanding its footprint in the mining industry…. Mopani Copper Mines Plc has launched its new corporate brand identity with a redesigned logo to reflect the recent changes to its shareholding structure. “As part… Read More Here
Barrick Updates Its Evolving Emissions Reduction Target 8 Oil & Gas Energy 

Barrick Updates Its Evolving Emissions Reduction Target

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Barrick Gold Corporation’s ESG strategy delivered tangible results in 2020, including an update to its greenhouse gas emissions reduction target, said president and chief executive Mark Bristow in a virtual presentation to investors on sustainability today. The presentation was the first of its kind for Barrick and coincided with the publication of Barrick’s 2020 Sustainability Report. Bristow said the company’s ESG advances last year also included zero Class 1 environmental incidents1, a new record of 79% water recycling and re-use by its operations and the introduction of fully functional community development committees… Read More Here
Robert Friedland: Copper is a national security issue 9 Copper 

Robert Friedland: Copper is a national security issue

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Copper is so crucial in electrifying the global economy that finding enough of it has become a national security issue, according to mining magnate Robert Friedland. Mining companies will have to be “real heroes” and governments will have to accept the industry if the world is to successfully transition to clean energy and transport, said Friedland, founder and co-chairman of Ivanhoe Mines Ltd., which explores and develops mines in Africa. The world is yet to grasp the scale of disruption in replacing fossil fuels, with most people in urban areas… Read More Here

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