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MANAGER,TRAINING | MINING CAREER AT FQM,KALUMBILA, SOLWEZI, ZAMBIA

January 15, 2021January 15, 2021 admin

Requisition Number: JR1799| Country: Zambia | Contract Type: On-Going| Location: Solwezi | Categories: Engineering, Human Resource Apply now Purpose The purpose of this role will be to devise KMP’s training strategy, oversee its implementation and assess its outcomes. You will identify KMP’s training and developmental needs and drive suitable initiatives that build loyalty to the company. Key Responsibilities The position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality, as well as finance, human resources, and any other regulations as required by the company and which are… Read More Here

Mining in Zambia

Jubilee Metals reports a record second half record performances

January 15, 2021January 17, 2021 admin

JUBILEE Metals Group, the AIM and Altx traded metals processing company, achieved further record growth in the second half of 2020, the company said in an operational update yesterday. Operational results for the six month to December 31, 2020, showed Jubilee’s platinum group metals (PGM) and chrome operational earnings up by 126 percent to R603.3 million, from the first half of the financial year. Attributable PGM and chrome revenue increased 66 percent to R1 billion, from the first half of 2020. Jubilee’s Sable Refinery achieved early earnings from its copper… Read More Here

Diamond

Lucara kicks off 2021 with 341-carat white diamond find

January 15, 2021January 15, 2021 admin

Canada’s Lucara Diamond (TSX: LUC) has found an unbroken 341-carat white gem-quality rock at its prolific Karowe mine in Botswana, with analysts estimating it could fetch more than $10 million. The Vancouver-based miner said the diamond was recovered over the Christmas period from milling of ore coming from the south western quadrant of Karowe’s South Lobe. The diamond is the 54th stone over 200 carats recovered at Karowe since it began commercial operations in 2012. The find builds on previous historic recoveries which include the 342-carat Queen of the Kalahari, the 549-carat Sethunya, the 1,109-carat… Read More Here

International Iron Ore

Iron ore price turns higher again after record China imports

January 15, 2021January 15, 2021 admin

Iron ore prices climbed back up to near decade highs on Thursday after customs data showed record-breaking imports by 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 $172.36 a tonne, up 1.3% on the day. The steelmaking raw material has already enjoyed 7%-plus gains in 2021 after an 80% rise last year and is now trading at levels last seen in September 2011. The benchmark hit an all-time… Read More Here

Gold

Barrick achieves 2020 production targets

January 15, 2021January 15, 2021 admin

Barrick Gold Corp. has announced preliminary full year and 4Q20 results which indicate that it has met its 2020 guidance targets. Preliminary gold production for the full year of 4.8 million oz is at the midpoint of the 4.6 – 5 million oz guidance range, while preliminary copper production of 457 million lbs is also within the guidance range of 440 – 500 million lbs. The preliminary 4Q20 results show sales for the quarter of 1.19 million oz of gold and 108 million lbs of copper, as well as preliminary 4Q20 production… Read More Here

Mining in DRC Gold

Glistening gold in the DRC

January 15, 2021January 15, 2021 admin

Is gold exploration in the DRC hot right now? Yes it is. Is gold a hot commodity right now? Yes again. This confirms that the Democratic Republic of Congo (DRC) is a red hot gold mining destination. Loncor Resources has announced that the third core hole of a 7 000 m drilling program at its Adumbi deposit has intersected significant gold intersections of 28.00 m grading 3.26 g/t gold and 20.30 metres grading 2.83 g/t Au at its 84.68% owned Imbo Project in the eastern part of the Ngayu greenstone… Read More Here

Mining in DRC Mining Personality

DRC: “the Congo is not for sale” warns the the public against Gertlers YABISO project

January 15, 2021January 16, 2021 admin

During its exchange of vows ceremony held this Thursday, January 14, the campaign “Congo is not for sale” (CNPAV), dwelled on the YABISO project, initiated by the Israeli businessman Dan Gertler. For this NGO synergy, Gertler’s project is the work of financial embezzlement. “We are alerting the general public to know that Dan Gertler is under American sanctions, which is why his transactions for the YABISO project will be done in euros. A sign that he cannot use US dollars, ”said CNPAV member Jimmy Kande. Therefore, the CNPAV calls on the competent… Read More Here

Mining Companies

East Africa tips mine construction soon in Ethiopia’s Tigray

January 14, 2021January 14, 2021 admin

East Africa Metals expects construction at its Adyabo joint venture gold project in Ethiopia’s troubled Tigray region to start early this year. Development had been slated for November, when COVID-19 travel restrictions were expected to be lifted, but kick-off was further delayed by the state of emergency sparked by conflict between Ethiopian federal armed forces and the Tigrayan People’s Liberation Front. Fellow TSX Venture Exchange-listed Sun Peak Metals had declared force majeure on its flagship Shire project in the Tigray region in late November, which the company said would remain in place… Read More Here

Mining in Zambia

South African stocks resume climb as Anglo leads miners higher

January 14, 2021January 14, 2021 admin

South Africa’s main stock index gained 0.5% as of 9:49 a.m. in Johannesburg, heading for a fresh record close, as mining stocks benefited from optimism over US stimulus spending that could spur an economic rebound and boost demand for metals. The FTSE/JSE Africa All Share Index resumed its advance after falling Tuesday for the first day in seven, pausing a rally that saw the gauge notch up four all-time closing highs. South African stocks have rebounded almost 70% from the low plumbed last March during the global selloff spurred by the pandemic. Anglo American, the diversified mining giant,… Read More Here

Covid-19

Letšeng in Lesotho remains fully operational

January 14, 2021January 14, 2021 admin

Gem Diamonds’ Letšeng mine in Lesotho will remain fully operational following the announcement of new Covid-19 lockdown restrictions as published by the Lesotho Government. The Letšeng mine shall continue to implement measures for the regular testing and protection of all of its mining staff and contractors as required by law and in accordance with the strict health and safety measures which were put in place at the beginning of the Covid-19 pandemic. Clifford Elphick, CEO of Gem Diamonds, says: “The health and safety of all of our employees and contractors… Read More Here