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ADMINISTRATIVE OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, KASENSELI GOLD, MWINILUNGA,ZAMBIA 1 Mining Careers Mining in Zambia 

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

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JOB TITLE: Community liaison officer | LOCATION: Mwinilunga | DEPARTMENT: HUMAN RESOURCES Report to: Head Human Resources 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 mandate, Zambia Gold Company will broadly undertake… Read More Here
CLINICAL OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, KASENSELI GOLD, MWINILUNGA,ZAMBIA 2 Mining Careers Mining in Zambia 

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

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JOB TITLE: Clinical oficer | LOCATION: Mwinilunga | DEPARTMENT: Human Resources Reporting to: Head Human Resources 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 mandate, Zambia Gold Company will broadly undertake the following… Read More Here
Iron ore price rallies on record-breaking China steel output 3 Iron Ore 

Iron ore price rallies on record-breaking China steel output

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Iron ore prices continued to climb on Monday as data revealed record-breaking steel production numbers in China, which forges more steel than the rest of the world combined. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China (CFR Qingdao) were changing hands for $174.07 per tonne, setting a new near-decade high. Year-to-date, the steelmaking raw material has enjoyed 8.5% gains after an 80% rise last year. The benchmark hit an all-time high of $191.70 in February 2011. The high-grade Brazilian index (65% Fe fines) also advanced to… Read More Here
China coal output rises to highest since 2015 4 Coal 

China coal output rises to highest since 2015

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China’s coal output rose last year to its highest since 2015, despite Beijing’s climate change pledge to reduce consumption of the dirty fossil fuel and months of disruption at major coal mining hubs. The world’s biggest coal miner and consumer produced 3.84 billion tonnes of coal in 2020, data from the National Bureau of Statistics showed on Monday. China’s coal output dropped after reaching a peak of 3.97 billion tonnes in 2013, as Beijing axed excessive mining capacity and promoted clean energy consumption. But production is rising amid surging industrial… Read More Here
De Beers raises diamond prices most in years 5 Diamond 

De Beers raises diamond prices most in years

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De Beers implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown. The world’s biggest diamond producer raised prices by about 5% at its first sale of the year, according to people familiar with the situation who asked not to be identified because the information is private. The increases mostly applied to stones bigger than 1 ct, the people said. The diamond industry has surprised many by the speed of its recovery after being brought to a complete standstill in the… Read More Here
Gold price recovers despite stronger dollar 6 Gold International 

Gold price recovers despite stronger dollar

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Gold prices edged higher on Monday, recovering from a near seven-week low, as prospects of a massive US coronavirus relief aid outweighed a stronger dollar and lifted bullion’s appeal as an inflation hedge. Spot gold advanced 0.6% to $1,838.30 per ounce by 11:30 a.m. EST, rebounding from an intraday low of $1,810.90 earlier. US gold futures were also 0.4% higher at $1,837.40 per ounce. Meanwhile, European equities and US futures remain under pressure. Global shares slipped over the past week on optimism surrounding a historic $1.9 trillion US aid package.… Read More Here
Zambia seals deal to buy Glencore's Mopani mine 7 Mining in Zambia 

Zambia seals deal to buy Glencore’s Mopani mine

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Glencore has agreed the sale of its majority stake in Mopani Copper Mines to Zambia’s mining investment arm ZCCM-IH in a $1.5 billion deal, the miner and trader said on Thursday. The deal is funded by borrowings from Carlisa Investments Corp – a British Virgin Islands based company through which Glencore holds its stake – and other members of the Glencore group, the company said. Glencore said that after completion of the sale of its 73% stake it would retain offtake rights of Mopani’s copper production until the transaction debt… Read More Here
ZCCM to buy Glencore’s stake in Mopani 8 Mining Companies Mining in Zambia 

ZCCM to buy Glencore’s stake in Mopani

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Diversified miner Glencore’s subsidiary Carlisa Investments Corporation has signed an agreement with ZCCM Investments Holding to transfer its 90% interest in Mopani Copper Mines to ZCCM for $1 and the transaction debt. Zimbabwean State-owned mining investment company ZCCM already holds a 10% interest in Mopani. Glencore, as an 81.2% shareholder of Carlisa, expects regulatory and shareholder approvals to be finalised within the next three months. Mopani had been funded by borrowings from Carlisa and other members of the Glencore group. On completion of the transaction, $1.5-billion of debt will remain… Read More Here
Webinar 26 Jan: Exploring gold potential in the DRC 9 Mining in DRC Events & Expos 

Webinar 26 Jan: Exploring gold potential in the DRC

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Live broadcast date: 26 January 2021 06h00 Toronto | 11h00 GMT | 11h00 London | 12h00 WAT | 13h00 Johannesburg | 19h00 Perth The north-east corner of the Democratic Republic of Congo (DRC) is home to one of Africa’s richest goldfields, including Barrick Corporation’s Kibali gold mine – the largest gold mine in Africa. However, in recent years’ gold mining activities have contributed little to the overall prosperity of the nation due to the ongoing conflict and violence in the area, the scale of the mining activities – mainly artisanal,… Read More Here
What China’s increasing control over cobalt resources in the DRC means for the West – report 10 Mining in DRC Cobalt 

What China’s increasing control over cobalt resources in the DRC means for the West – report

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Market analyst Roskill published a report where it states that China’s increasing control over copper and cobalt resources in the Democratic Republic of the Congo could pose a threat to western market participants. The threats are related to the security of supply, as increasingly close ties between the two countries could pose problems to those in the West looking to build up self-contained localized battery supply chains. IN EARLY JANUARY, CHINA ANNOUNCED THAT IT WOULD CANCEL $28 MILLION OF LOANS TO THE DRC AND WOULD PROVIDE $17 MILLION IN OTHER FINANCIAL SUPPORT Back in early… Read More Here

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