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Plug Power, Chart Industries and Baker Hughes announce intentions to become cornerstone investors in FiveT Hydrogen Fund

April 8, 2021April 8, 2021 admin

Investments intend to establish market presence for the FiveT Hydrogen Fund and enable initial stages of activity. Combined investments of €260 million are part of a €1 billion Fund ambition, helping to drive development for climate change solutions and accelerate the energy transition to a net-zero future. Three companies each bring financial, strategic and technical expertise to help further develop the hydrogen economy. Plug Power (NASDAQ: PLUG), Chart Industries, Inc. (NYSE: GTLS) and Baker Hughes (NYSE: BKR), are announcing their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund (“FiveT” or “the Fund”), a unique… Read More Here

Mining Careers Mining in Zambia

SUPERINTENDENT, UG MINING PROJECT | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

April 8, 2021April 8, 2021 admin

Requisition Number: JR2703| Country: Zambia | Contract Type: Fixed-Term| Location: Solwezi | Categories: Mining Apply now Purpose Provide leadership to owners’ team, contractor, and construction workers and to ensure compliance and management in accordance with the tender model and ensure all statutory requirements are met as per the Mining Regulation 204(3), Explosives Regulation 105(1), Mines and Minerals (Environmental) Regulations 3(2). Lead and manage project stakeholders and develop effective relationships through project activity and delivery in a brownfield’s environment. Key Responsibilities Direct, manage, plan, organize, supervise, review, control and approve all underground and surface works, in order to deliver it… Read More Here

Mining Careers Mining in Zambia

ASSISTANT MINE PLANNING ENGINEER DRILL AND BLAST | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

April 8, 2021April 8, 2021 admin

Requisition Number: JR2592| Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Mining Apply now Overall Job Purpose The Assistant Mining Engineer – Drill & Blast designs, is responsible and accountable for delivering Drill and blast designs inclusive of timing designs and post blast fragmentation analysis. Specific Job Responsibility Drill designs as required by the drill scheduling engineer. Blast designs to follow all drill designs Be the second point of contact for the mining production team regarding drill and blast designs Ensure that all monitoring systems regarding blast analysis are maintained. Ensuring that designs take cognisance of all… Read More Here

Mining in DRC Mining Personality

Kamoa Copper Appoints Ben Munanga as Chairman of the Board

April 8, 2021April 9, 2021 admin

Kamoa Copper Appoints Ben Munanga as Chairman of the Board Ahead of First Production at the Tier-One Kamoa-Kakula Copper Mine in The DRC Olivier Binyingo, Ivanhoe Mines’ Vice President Public Affairs DRC, also appointed to Kamoa Copper’s Board Louis Watum appointed General Manager of the Kipushi zinc-copper-silver project; also serves as President of the Chamber of Mines at the Federation of Enterprises of Congo Kolwezi, Democratic Republic of Congo–(Newsfile Corp. – April 8, 2021) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce… Read More Here

Mining in DRC

Glencore reports acid spill in DRC

April 8, 2021April 8, 2021 admin

Glencore has confirmed that a tank containing sulphuric acid ruptured in mid-March at its Kamoto Copper Company (KCC) mine in Katanga Province, the Democratic Republic of the Congo (DRC). Glencore said a “limited release” of the acid had occurred during maintenance at KCC, in a statement that followed allegations of a tank explosion by local NGO African Resources Watch (AFREWATCH). “At approximately 7pm on 16 March, KCC experienced a limited release of acid from Tank Farm 1 during maintenance work. There was no explosion,” Glencore said in a statement reported… Read More Here

Cement Mining in Zambia

Dangote Sells Cement For N1, 800 In Zambia, N3, 500 In Nigeria

April 8, 2021April 8, 2021 admin

The Dangote Cement Group sells its product in Southern African country, Zambia, for at most 110 Kwacha which equals to about N1, 800 in Nigeria, while the same product sells for not less than N3, 500. The Zambia Board of Commissioners of the Competition and Consumer Protection Commission said it ordered Lafarge Zambia Plc, Dangote Cement Zambia Limited and Mpande Limestone Limited to revert to the cement prices ranging between Kwacha 99 to Kwacha 110 after there was uproar over its recent increment. The Board also fined Lafarge Zambia Plc… Read More Here

Mining in DRC

Willy Kitobo suspends the head of the mining division following accusations of fraud and mining smuggling- DRC

April 8, 2021April 8, 2021 admin

The Minister of Mines, Willy Kitobo, is suspending the head of the Lualaba Mines Division following information on proven facts of fraud, mining smuggling and illegal mining in this province. This is what informs a press release from the Ministry of Mines which reached our editorial staff on Wednesday, April 7. “Following the numerous information on the proven facts of fraud, mining smuggling and illegal mining exploitation in the Province of Lualaba and confirmed by the Authorities of the Province, His Excellency the National Minister of Mines has just suspended… Read More Here

Diamond

De Beers’ third diamond sales cycle nets $440m

April 7, 2021April 7, 2021 admin

Diversified miner Anglo American’s diamond mining business De Beers’ third sales cycle of rough diamonds for this year generated $440-million. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe as a result of the Covid-19 pandemic, De Beers continued to implement a more flexible approach to rough diamond sales during the third sales cycle of this year, resulting in the sight event having been extended beyond its normal week-long duration. As a result, the provisional rough diamond sales figure quoted for the third… Read More Here

Iron Ore International

Iron ore price back above $170 as China steel hits record

April 7, 2021April 7, 2021 admin

Iron ore prices rose on Tuesday, boosted by strong Chinese demand. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China (CFR Qingdao) were changing hands for $170.90 a tonne, up 1.43% from the previous trade. China’s steel prices also jumped to record highs, on concerns over supply curbs in the world’s biggest producer and exporter of construction and manufacturing material. Construction steel rebar’s May contract on the Shanghai Futures Exchange ended the daytime trading session 2.1% higher at 5,180 yuan ($791) a tonne, after earlier climbing to… Read More Here

Cobalt Mining in DRC

A positive step towards empowering ASMs

April 7, 2021April 7, 2021 admin

Did you know that the Democratic Republic of Congo’s (DRC) cobalt accounts for more than 63% of global production? Of this, artisanal and small-scale mining (ASM) activity is responsible for approximately 20% of this production. Yet, despite their significant contribution, little has been done to help formalise the ASM cobalt sector in the country. That is until now. EGC will now be responsible for purchasing all domestically produced ASM cobalt ore, prior to processing and/or transformation and marketing. As part of the initiative, EGC also launched its Responsible Sourcing Standards to define… Read More Here