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SUPERVISOR,AUTO ELECTRICAL | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA 1 Mining Careers Mining in Zambia 

SUPERVISOR,AUTO ELECTRICAL | MINING CAREER AT FQM, KALUMBILA, SOLWEZI, ZAMBIA

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Requisition Number: JR2480| Country: Zambia | Contract Type: Fixed Term| Location: Solwezi | Categories: Engineering Apply now Purpose of the role: The position exists to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, and any other regulations as required by the company and relevant to the level of the role and responsibilities of the function.The holder of this position will lead a crew of automotive electricians to deal with breakdowns, installations and continuous improvement. Key Responsibilities: Ensure that a safe working environment is maintained for the staff Ensure that workshop… Read More Here
BeMetals to accelerate copper exploration at Pangeni Project in Zambia 2 Copper Mining in Zambia 

BeMetals to accelerate copper exploration at Pangeni Project in Zambia

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BeMetals Corp has entered into a joint exploration and option agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) that aims to provide an initial investment of US$1.5mn for money-in-the-ground exploration at the Pangeni Copper Project in Zambia  This investment from JOGMEC is set to further strengthen BeMetals’ ability to advance the project using its existing technical and local community relationships with Copper Cross Zambia and Pangeni Mineral Resources. BeMetals is planning to report the analytical results of its 2020 aircore and core drilling exploration programmes in the coming weeks when available for release.… Read More Here
Jubilee earnings soar in H2 3 Copper Mining Companies Mining in Zambia 

Jubilee earnings soar in H2

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Rising PGM and copper prices saw earnings at rapidly growing metals recovery company Jubilee Metals more than triple year-on-year in the second half of 2020. EBITDA was £29.3 million (ZAR622 million), while revenue jumped 110% yoy for the half to £53.4 million, driven by a 127% jump in PGM revenues at the company’s South Africa operations, which it attributed to buoyant prices, a lift in throughput and operational efficiencies.   PGM output surged 34% to more than 28,000 ounces in the half-year. Chrome production was up 72%, helped by a start-up… Read More Here
DRC: the mining brigade seizes 450 kg of cassiterite in Shabunda in South Kivu 4 Mining in DRC Tin 

DRC: the mining brigade seizes 450 kg of cassiterite in Shabunda in South Kivu

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The agents of the mining brigade and those of the anti-fraud service intercepted three packages of cassiterite of 150 kg each in Penenkusu, chiefdom of Wakabango I in the territory of Shabunda in the province of South Kivu. According to border services, the defendant who was conveying the cargo said he was not the owner of these minerals. These packages would belong to a legally recognized mining operator. The Shabunda mining brigade asks everyone to refrain from touching the minerals if they have no title or quality because the state is… Read More Here
DRC: local processing of mining products, will the State extend the moratorium or change the law? 5 Mining in DRC 

DRC: local processing of mining products, will the State extend the moratorium or change the law?

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The Minister of Mines, Willy Kitobo Samsoni, has just announced the organization, from March 29 to 30, 2021, of a workshop on the post-moratorium granted to exporters of copper sulphide concentrates. This derogation expires on April 12, forcing the stakeholders to make an assessment of the efforts undertaken. The approach would consist in assessing the advisability of considering a further extension of the moratorium. Although temporary, this solution is criticized by some as long as it undermines the provisions of the mining law. “I am convening a workshop in Lubumbashi on March… Read More Here
Copper price rally is catching the eye of politicians 6 Copper International Mining in Zambia 

Copper price rally is catching the eye of politicians

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If three’s a trend, then copper producers awash with cash after a doubling of prices are entering the next phase of the cycle: increased fiscal pressure from their host nations. News this week from three of the top copper-producing nations show authorities are looking for a bigger share of the windfall. While that’s not unusual in periods of high prices, this time there’s the added incentive of finding ways to fund pandemic recovery, while talk of a new supercycle is also helping to ratchet up political rhetoric. On Wednesday, Chile’s… Read More Here
Copper price crashes through $4 as bull case fades 7 Copper International 

Copper price crashes through $4 as bull case fades

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Copper prices fell to their lowest in more than two weeks, as a strongerUS dollar made greenback-priced metals more expensive to holders of other currencies. Copper for delivery in May was down 2.95% by midday, with futures touching $3.944 per pound ($8,676 a tonne) on the Comex market in New York. Escalating tensions between China and the West, as well as potential US tax hikes hit sentiment and led to investors buying into safe-haven dollar. “Renewed restrictions in Europe and other macro news are denting market sentiment,” ANZ analyst Soni… Read More Here
Gemfields warns of full-year loss 8 Gemstones Emeralds Mining in Zambia 

Gemfields warns of full-year loss

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Gemstone miner Gemfields expects to report a net loss of $93.2-million, or R1.54-billion, for the year ended December 31, 2020, compared with a net profit of $39.1-million, or R565-million, reported for the 2019 financial year. The company’s 2020 auction schedule was severely impacted by the many travel, quarantine and congregating restrictions put in place to mitigate Covid-19 contagion. The pandemic has meant that no traditional Gemfields auctions have been held since February 2020, when $11.4-million was realised from the sale of commercial-quality emeralds in Lusaka, Zambia. Gemfields subsequently conducted a… Read More Here
BME breaks another electronic detonator blast record in South Africa 9 Uncategorized 

BME breaks another electronic detonator blast record in South Africa

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Another South African record for the largest electronic detonator blast has been broken by the blasting and explosives company BME. The blast was conducted by BME, an Omnia Group company, at the end of 2020 at a manganese mine in South Africa’s Northern Cape province. Using its AXXIS™ electronic initiation system, BME was able to plan and execute a blast of 4,647 detonators. Just a few months earlier, the company had broken a previous record at the same mine by initiating 3,780 detonators in a single blast. “The latest achievement… Read More Here
Arc Minerals raises £1.8m 10 Mining in Zambia 

Arc Minerals raises £1.8m

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Copper and cobalt explorer and developer Arc Minerals has raised gross proceeds of £1.8-million. The funds will be used for working capital and to fund extra-deep drilling at the company’s projects of Cheyeza and Muswema, both in Zambia. The funds will also go towards a potential stake increase in Arc Minerals’ subsidiary Zamsort, subject to negotiations. Arc Minerals currently holds a 66% stake in Zamsort. In addition, the funds will potentially also be used for data acquisition and drilling in Botswana. As part of the fundraising, 27.69-million new ordinary shares in the capital of Arc have been placed… Read More Here

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