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The world will need an additional 10 million tonnes of copper to meet demand 1 Copper 

The world will need an additional 10 million tonnes of copper to meet demand

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Within a decade, the world could face a massive shortage of what is arguably the most critical metal for global economies: copper. Copper industry to spend more than $ 100 billion to close what could be an annual supply gap of 4.7 million metric tonnes by 2030 as clean energy and transportation sectors take off , according to CRU Group estimates. The potential deficit could reach 10 million tonnes if no mines are built, according to commodity trader Trafigura Group. To close such a gap, it would be necessary to build the… Read More Here
Zambia Moving Beyond Copper 2 Copper Mining in Zambia 

Zambia Moving Beyond Copper

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Regardless of its endowment of vast stretches of agricultural land and mineral wealth beyond copper, Zambia has traditionally chosen to rely on copper mining to drive growth. In an effort to decrease its dependence on the mining sector, which accounts for 12% of GDP and 75% of export earnings, the government has been pursuing economic diversification since 1970, and in recent years, under its ‘Vision 2030’ and the Seventh National Development Plan (7NDP) 2017 – 2022, it plans to elevate the tourism, energy, agriculture and manufacturing sectors to shield the… Read More Here
Barrick says Tanzania’s Magufuli was a ‘visionary’ 3 Uncategorized 

Barrick says Tanzania’s Magufuli was a ‘visionary’

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Bullion major Barrick Gold president and CEO Mark Bristow on Thursday described the late President of Tanzania, John Magufuli, as a “visionary statesmen who saw the value of a thriving mining sector”. Magufuli died on Wednesday at the age of 61 from a heart condition. In a statement mourning the loss, Bristow said Magufuli partnered with Barrick to create Twiga Minerals – a joint venture that would “stand as a monument to the late President’s foresight”. Twiga manages Barrick’s mines in Tanzania and shares the economic benefits they generate equally between the company and its stakeholders in that… Read More Here
ASSISTANT MANAGER IT | MINING CAREER AT KAGEM MINING LIMITED , LUFWANYAMA, COPPERBELT, ZAMBIA 4 Mining Careers Mining in Zambia 

ASSISTANT MANAGER IT | MINING CAREER AT KAGEM MINING LIMITED , LUFWANYAMA, COPPERBELT, ZAMBIA

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Country: Zambia | Contract Type:Full time | Location: Lufwanyama | Catergory: IT/ Telecom Kagem Mining Limited, based in Lufwanyama, is the world’s single largest emerald producer. It covers an area of approximately 41 square kilometers and is in the central part of the Ndola Rural Emerald Restricted Area (“NRERA”), in the Copperbelt Province of Zambia. Kagem Mining prides itself on industry-leading health and safety standards, innovative approaches to engineering and cutting-edge management of unique geology. Since 2008, Kagem is 75% owned by Gemfields, a world-leading supplier of responsibly sourced colored gemstones, in a model partnership with the Zambian government,… Read More Here
MECHANICAL ENGINEER | MINING CAREER AT KAGEM MINING LIMITED , LUFWANYAMA, COPPERBELT, ZAMBIA 5 Mining Careers Mining in Zambia 

MECHANICAL ENGINEER | MINING CAREER AT KAGEM MINING LIMITED , LUFWANYAMA, COPPERBELT, ZAMBIA

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Country: Zambia | Contract Type:Full time | Location: Lufwanyama Kagem Mining Limited, based in Lufwanyama, is the world’s single largest emerald producer. It covers an area of approximately 41 square kilometers and is in the central part of the Ndola Rural Emerald Restricted Area (“NRERA”), in the Copperbelt Province of Zambia. Kagem Mining prides itself on industry-leading health and safety standards, innovative approaches to engineering and cutting-edge management of unique geology. Since 2008, Kagem is 75% owned by Gemfields, a world-leading supplier of responsibly sourced colored gemstones, in a model partnership with the Zambian government, through the Industrial Development… Read More Here
Gold price retreats as yields climb after Fed meeting 6 Gold International 

Gold price retreats as yields climb after Fed meeting

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Gold prices reversed course on Thursday, dropping from a more than two-week high, as bullion’s appeal continues to be tarnished by climbing US Treasury yields and a firmer dollar. Spot gold fell 1.1% to $1,728.96 per ounce by noon EST, while US gold futures for April delivery held steady at $1,728.80 per ounce. Meanwhile, the benchmark US 10-year Treasury yield rose to 1.74% for the first time since January 2020, helping to lift the dollar from a two-week low.  The US Federal Reserve on Wednesday said the US economy was on… Read More Here
Towards a new commodity supercycle (Analysis) 7 Uncategorized 

Towards a new commodity supercycle (Analysis)

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Rising commodity prices are leading bank analysts and policy makers to question whether resurgent commodity demand and insufficient supply will create a new commodity supercycle. Price fluctuations, of course, are as old as the business itself. A commodity supercycle is different, however. In the usual business cycle, demand drives up prices and supply increases in an attempt to capture this windfall, driving prices down again. In a supercycle, the supply is so insufficient for the growth of demand that prices rise for years or even a decade or more. Before looking at the… Read More Here
Metso Outotec wins €10M comminution order for Côté Gold 8 Mining Supply Tenders International 

Metso Outotec wins €10M comminution order for Côté Gold

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Finnish mining equipment maker Metso Outotec has secured a €10 million (US$11.9 million) order for grinding mills and a cone crusher for the Côté Gold Project being launched in northern Ontario by Canadian producer Iamgold and Japanese miner Sumitomo Metal Mining. Metso Outotec will deliver two Vertimill 4500 grinding mills and one MP1250 cone crusher for the Côté Gold Project – no detail was given on the timeframe. “Low energy and wear part consumption as well as process flexibility were decisive factors for the Côté Gold Project team when selecting… Read More Here
Africa: Over 3.6 Million Covid-19 Recoveries Across Continent 9 Covid-19 

Africa: Over 3.6 Million Covid-19 Recoveries Across Continent

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As of March 18, confirmed cases of Covid-19 from 55 African countries reached  4,063,411 while over 5,327,320 vaccinations have been administered across the continent. Reported deaths in Africa reached  108,684 and  3,650,546 people have recovered. South Africa has the most reported cases – 1,532,497 – and  51,634 people died. Other most-affected countries are Morocco ( 490,088 ), Tunisia ( 243,439 ), Egypt ( 192,840 ), Ethiopia ( 179,812 ), and Nigeria ( 161,261 ). The numbers are compiled by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University… Read More Here
SENIOR MANAGER- HUMAN RESOURCES | MINING CAREER AT KAGEM MINING LIMITED , LUFWANYAMA, COPPERBELT, ZAMBIA 10 Mining Careers Mining in Zambia 

SENIOR MANAGER- HUMAN RESOURCES | MINING CAREER AT KAGEM MINING LIMITED , LUFWANYAMA, COPPERBELT, ZAMBIA

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Country: Zambia | Contract Type:Full time | Location: Lufwanyama 1.    SENIOR MANAGER – HUMAN RESOURCES  (1 POSITION) Reports to: Head Human Resources Kagem Mining Limited, based in Lufwanyama, is the world’s single largest emerald producer. It covers an area of approximately 41 square kilometers and is in the central part of the Ndola Rural Emerald Restricted Area (“NRERA”), in the Copperbelt Province of Zambia. Kagem Mining prides itself on industry-leading health and safety standards, innovative approaches to engineering and cutting-edge management of unique geology. Since 2008, Kagem is 75% owned by Gemfields, a world-leading supplier… Read More Here

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