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Artisanal miners could help Congo's EGC become world’s 4th largest cobalt producer 1 Cobalt Mining in DRC 

Artisanal miners could help Congo’s EGC become world’s 4th largest cobalt producer

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Congo’s Entreprise Générale du Cobalt (EGC) could become the world’s fourth-largest cobalt producer in 2021, a new Roskill report states. According to the market analyst, if the state-owned company is able to capture all of the 8,000 tonnes of cobalt expected to be produced by artisanal and small-scale miners in the African country, then it may become a major player, only behind Glencore, ERG and China Molybdenum. THE DEMOCRATIC REPUBLIC OF CONGO HOLDS AROUND 70% OF THE WORLD’S RESERVES OF COBALT AND IS ALSO THE LARGEST PRODUCER, ACCOUNTING FOR OVER 70% OF COBALT MINE SUPPLY… Read More Here
AVZ nails stunning lithium drill hits in the DRC 2 Mining in DRC Lithium Tin 

AVZ nails stunning lithium drill hits in the DRC

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ASX-listed aspiring Central African lithium developer, AVZ Minerals’ resource drill out has reeled off a further batch of stunning thick, high-grade pegmatite drill hits from beneath the Roche Dure open-pit floor at its Manono hard-rock lithium and tin project in the Democratic Republic of the Congo. The Perth-based company says it has now kicked off an update of the existing mineral resource estimate for the massive Roche Dure deposit, which currently hosts 400 million tonnes of ore at an average grade of 1.65 per cent lithium oxide. The latest set… Read More Here
Coal production from top 10 companies expected to increase by up to 6.6% 3 Coal International 

Coal production from top 10 companies expected to increase by up to 6.6%

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Coal production from the top ten mining companies (Coal India, China Shenhua, Yanzhou Coal, Peabody, China National Coal, Glencore, Siberian Coal, PT Bumi, BHP and Arch Resources) fell from a collective 1,704 Mt in 2019 to 1,633 Mt in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%), and Peabody (21.8%), according to GlobalData, a leading data and analytics company. GlobalData expects production from the top ten companies to be between 1,683-1,740 Mt in 2021, which is an… Read More Here
Top 50 mining companies rise in value by $ 600 billion despite covid-19 effects 4 Mining Companies Copper Gold Iron Ore 

Top 50 mining companies rise in value by $ 600 billion despite covid-19 effects

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Despite falling gold prices, high copper and iron ore prices took MINING.COM’s ranking of the world’s 50 most valuable miners to a new high of $ 1.35 trillion at the end of the first trimester. The  MINING.COM Top 50 *  Most Valuable Mining Companies added a combined $ 50 billion in market capitalization over the three months to end of March, a sharp slowdown from previous quarters, commodities rally cools and gold is suffering from its worst first trimester in decades. Measured since the peak of the pandemic in March-April last year,… Read More Here
Liebherr launches electric excavators 5 Equipment & Technology International Mining technology 

Liebherr launches electric excavators

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German-Swiss equipment manufacturer Liebherr has launched new electric excavators, the 90t R 976-E electric crawler excavator and the 100t R 980 SME-E. The excavators are not converted diesel machines but feature an electric power system produced entirely by Liebherr, noted the company. The excavators, which replace the ER 974 B for mine and quarry extraction, were produced by Liebherr-France SAS in Colmar, France and are available in backhoe and shovel versions. “They stand out for their low noise level, optimum versatility and zero CO2/greenhouse gas emissions during operation,” said the… Read More Here
Mining and Energy event to celebrate its 10th Anniversary virtually 6 Events & Expos Mining in Zambia 

Mining and Energy event to celebrate its 10th Anniversary virtually

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The Zambia International Mining & Energy Conference & Exhibition, which has been Zambia’s leading mining and energy meeting for the past decade, will commemorate its tenth anniversary with a virtual version on the 4th and 5th of May, 2021. The organizers of ZIMEC 2021, namely the Ministry of Mines and Minerals Development, Ministry of Energy, Chamber of Mines of Zambia in collaboration with AME Trade Ltd, have agreed to organize this year’s edition online for the safety of our participants. A virtual show, a networking program that allows participants to… Read More Here
FQM reveals innovation culture behind its success 7 Mining Companies Mining in Zambia 

FQM reveals innovation culture behind its success

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Fluctuating commodity prices, unstable taxes and the outbreak of COVID-19 have been the significant challenges faced by the mining sector. Despite the many obstacles, First Quantum Minerals (FQM) has managed to remain viable and increase production. However part of what has helped sustain the mine through the hardships is its insistence in making innovation a critical pillar of its operations, a particularly important factor given low ore grades, accompanying low margins, and the need for efficiency and economies of scale to maintain profitability. “We believe that innovation is an unreplaceable… Read More Here
TAGE Idriver to develop autonomous haulage system where truck fleets will regulate speed based on mine, vehicle & market conditions 8 Equipment & Technology Mining technology 

TAGE Idriver to develop autonomous haulage system where truck fleets will regulate speed based on mine, vehicle & market conditions

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Chinese autonomous haulage technology major TAGE Idriver says the most common question it is asked in mining  is how fast the autonomous trucks can run. “Why do so many people pay attention to the speed of driverless mining trucks? Mining trucks running faster transport more ore, which can naturally bring more income to mining enterprises. But due to the uneven road surface of the mine, plus the ramps and curves, the higher the speed of the mining truck, the higher the fuel consumption, and the more potential damage to the… Read More Here
Barrick raises its GHG reduction target to 30% by 2030 9 Energy 

Barrick raises its GHG reduction target to 30% by 2030

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Gold major Barrick Gold Corporation has raised its greenhouse-gas emissions target to 30% by 2030, from 10% previously, its 2020 Sustainability Report, published on April 8, shows. CE Mark Bristow notes that the company’s ultimate aim is to achieve net zero emissions by 2050. The company’s approach to climate risk is led by site-specific strategies based on science and operational realities, rather than hopeful aspirations, and it is constantly reviewed in light of technological advances, he adds. In 2020, Barrick’s environmental strategy paid dividends, from improved water management in Tanzania to innovative rehabilitation plans in… Read More Here
DRC: copper production estimated at 1.601 million tonnes in 2020, a record never achieved 10 Copper Mining in DRC 

DRC: copper production estimated at 1.601 million tonnes in 2020, a record never achieved

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According to figures communicated by the Economic Conjuncture Committee (CCE), the Democratic Republic of the Congo produced 1,601,218 tonnes of copper in 2020. This is a record never reached so far. Here is the full report of the CCE. The Prime Minister, outgoing Head of Government, Ilunga Ilunkamba, chaired this Wednesday, April 7, 2021 at the Prime Minister’s office, the weekly meeting of the Economic Conjuncture Committee to continue monitoring the socio-economic situation of the country. This working session focused on the economic situation report, the evolution of the various parameters… Read More Here

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