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Copper market in 24,000 tonnes surplus in Dec 2020 – ICSG 1 Copper 

Copper market in 24,000 tonnes surplus in Dec 2020 – ICSG

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The global world refined copper market showed a 24,000 tonnes surplus in December, compared with a 93,000 tonnes deficit in November, the International Copper Study Group (ICSG) said in its latest monthly bulletin. For the first 12 months of the year, the market was in a 559,000 tonnes deficit compared with a 383,000 tonnes deficit in the same period a year earlier, the ICSG said. World refined copper output in December was 2.11 million tonnes , while consumption was 2.09 million tonnes. Read More Here
Aluminum price sinks on China’s move to sell state reserves 2 Aluminium 

Aluminum price sinks on China’s move to sell state reserves

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Aluminum prices sunk on fears that Chinese authorities might release ingots to the market, further pressing rising supply concerns in the world’s top consumer of the metal. Aluminum for delivery in June was down 2.86% on Tuesday, after futures touched $2.229 a tonne on the Comex market in New York. The most-traded May aluminum contract on the Shanghai Futures Exchange dropped as much as 6% to 16,480 yuan ($2,531.33) a tonne, its lowest since February 22. It pared some of the losses later in the session to close 2.6% lower… Read More Here
Mines: as copper price stagnates, investors are betting on other markets 3 Copper 

Mines: as copper price stagnates, investors are betting on other markets

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The funds reduced their collective bullish bets on  rising copper prices  as the scorching rally shows signs of stalling. London Metal Exchange (LME) copper hit an almost 10-year high of $ 9,617 per tonne last month, when the price more than doubled from its March 2020 low. However, copper then flipped sideways in often volatile and low liquidity conditions, with the three-month LME metal currently trading around the $ 9,100 level. Many of those who entered at the start of the rally obviously decided to take profits, with the fund’s long positioning on… Read More Here
Responsibly-sourced emeralds take centre stage in fund raising collection 4 Emeralds Mining in Zambia 

Responsibly-sourced emeralds take centre stage in fund raising collection

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Responsibly-sourced emeralds from the Kagem mine in Lufwanyama will create the centerpiece of a new fine jewellery collection that will raise funds for the Gemfields Foundation – the charitable arm of Gemfields that supports community and conservation projects in Africa. On the heels of her 10-year anniversary and the start of a new year, renowned US-based designer Sandy Leong is renewing her commitment to sustainability by partnering with world-leading gemstone supplier Gemfields on the release of Sol, a new collection rooted in the brand’s values by featuring responsibly sourced emeralds,… Read More Here
GENERAL MANAGER | MINING CAREERS AT CUMMINS Inc. KITWE, COPPERBELT, ZAMBIA 5 Mining Careers Mining in Zambia 

GENERAL MANAGER | MINING CAREERS AT CUMMINS Inc. KITWE, COPPERBELT, ZAMBIA

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JOB TITLE: General Manager | LOCATION: Kitwe | DEPARTMENT: Sales, General Business, Management About the job Our culture believes in POWERING YOUR POTENTIAL. We provide global opportunities to develop your career, make your community a better place and work with today’s most innovative thinkers to solve the world’s toughest problems. We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That’s what #LifeAtCummins is all about. We are looking for a talented General Manager to lead our business in Kitwe, Zambia , supporting key customers in the… Read More Here
SECURITY OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, KASENSELI GOLD, MWINILUNGA , ZAMBIA 6 Mining Careers Mining in Zambia 

SECURITY OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, KASENSELI GOLD, MWINILUNGA , ZAMBIA

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JOB TITLE: Security officer | LOCATION: Mwinilunga | DEPARTMENT: Alluvial Gold Processing Report to: Project Manager Zambia Gold Company Limited (Zambia Gold) was incorporated on 10 January 2020. Zambia Gold (the ‘Company’) is co-owned by ZCCM Investments Holdings Plc with a 51% stake and the Ministry of Finance owning the remaining 49% stake.  Zambia Gold is mandated to lead the development of the gold sector in Zambia by undertaking commercial activities for the benefit of all stakeholders. In order to achieve this objective, Zambia Gold Company Limited will broadly undertake… Read More Here
PROCUREMENT OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, KASENSELI GOLD, MWINILUNGA , ZAMBIA 7 Mining Careers Mining in Zambia 

PROCUREMENT OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, KASENSELI GOLD, MWINILUNGA , ZAMBIA

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JOB TITLE: Procurement Officer | LOCATION: Mwinilunga | DEPARTMENT: Chief Executive Officer’s Office Report to: Procurement Manager Zambia Gold Company Limited (Zambia Gold) was incorporated on 10 January 2020. Zambia Gold (the ‘Company’) is co-owned by ZCCM Investments Holdings Plc with a 51% stake and the Ministry of Finance owning the remaining 49% stake.  Zambia Gold is mandated to lead the development of the gold sector in Zambia by undertaking commercial activities for the benefit of all stakeholders. In order to achieve this objective, Zambia Gold Company Limited will broadly… Read More Here
Resources increase at Lucapa's Lulo 8 Diamond 

Resources increase at Lucapa’s Lulo

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Diamond miner Lucapa has reported a 35% increase in the resource carats at its Lulo diamond mine, in Angola. The company said on Tuesday that the project is now estimated to host some 135 900 ct at a modeled average diamond value of $1 440/ct. This was up from the previous estimation of 100 700 ct at a modeled value of $1 620/ct.A The updated resource accounted for mining depletion to the end of December 2020, during which time some 23 600 ct of diamonds were recovered, as well as… Read More Here
Volkswagen leads Tesla in consumption of cobalt in EV industry 9 Cobalt International Mining in DRC 

Volkswagen leads Tesla in consumption of cobalt in EV industry

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New data on the use of cobalt, a key ingredient in the most common types of lithium-ion batteries used for electric vehicles (EVs), reveals some interesting facts about leaders in the EV manufacturing industry, in particular in regard to Tesla and Volkswagen. In particular, the data reveals the effect that Tesla’s use of lithium iron phosphate batteries is having on its consumption of cobalt. The surge in electric vehicle sales worldwide is accompanied by an increase in demand for the materials used to make lithium-ion batteries that power them. Cobalt… Read More Here
Wearable Technology: Impact of Wearable Tech in mining 10 Equipment & Technology 

Wearable Technology: Impact of Wearable Tech in mining

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Improving safety is the central concern for mining companies, and the application of wearables in the industry reflects this. A range of wearable tech devices can assist with improving safety, but the principal method is through the addition of sensors. Whether they are incorporated through smart helmets, smart jackets or body suits, or simply through wearable sensors, the ability to measure various internal and external health risks can prove invaluable for mining companies. Impact of Wearable Tech Listed below is the impact of wearable tech on the wearable industry, as… Read More Here

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