admin - Copperbelt Katanga Mining

Written by admin

Africa: Over 70,000 Covid-19 Deaths Across Continent

January 8, 2021January 8, 2021 admin

As of January 8, confirmed cases of Covid-19 from 55 African countries reached 2,950,007. Reported deaths in Africa reached 70,550 and 2,414,305 people have recovered. South Africa has the most reported cases – 1,170,590 – and 31,809 people died. Other most-affected countries are Morocco (448,678), Tunisia (152,254), Egypt (146,809), Ethiopia (127,227), and Libya (103,515). The numbers are compiled by the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University (world map) using statistics from the World Health Organization and other international institutions as well national and regional public health departments. Read More Here

Mining in Zambia

Vedanta not coming back, chapter is closed – Lungu

January 8, 2021January 8, 2021 admin

WE are not going back, Vedanta went and they are not coming back, declares President Edgar Lungu. And President Lungu says the more the mining companies produce, the better for the economy. Speaking at Konkola Copper Mines in Chililabombwe today, President Lungu said Vedanta, the owners of KCM, can go to any court in the world but would not return as “the chapter is closed”. President Lungu thanked KCM management for steering the ship and keeping the mine. He said the management at KCM had shown that Zambia had capacity… Read More Here

Copper Iron Ore

Copper, iron ore price rally adds $250bn to Top 50 mining companies

January 8, 2021January 8, 2021 admin

Propelled by a fourth-quarter rally in copper and iron ore prices, MINING.COM’s ranking of the world’s 50 most valuable mining companies jumps to a new record high of $1.3 trillion by year’s end. The Top 50 most valuable mining companies added $250 billion in market capitalization over the three months to end December thanks to surging base metal and iron ore prices, and precious metals markets holding onto most of their 2020 gains. Measured from the height of the pandemic in March-April, the MINING.COM TOP 50* has now recovered by… Read More Here

Mining Careers Mining in Zambia

ROCK TOOLS TECHNICAL SALES AND SUPPORT REPRESENTATIVE (TSSR) | MINING CAREERS AT SANDVIK, ZAMBIA

January 8, 2021January 8, 2021 admin

Company name: Sandvik | Company location: Kitwe, Zambia Apply now Safety and Environment Ensure a sound knowledge of and adherence to Sandvik Safety and Health system. Undertake safety audits and inspections as agreed. Strive to find safer ways for customers to work with Sandvik products. Business Growth and Development Work With The Rock Tools Sales Manager To Develop Plans To Enable Sales Growth Of Sandvik Rock Tools Business Within The Nominated Sales Region, Including Developing multi-level customer relationships on site, and where appropriate at corporate office level. Develop and maintain… Read More Here

Mining in DRC

DRC: Minister of Mines suspends Director General of the mining cadastre for “insubordination”

January 8, 2021January 8, 2021 admin

The Minister of Mines, Willy Kitobo, has decided to suspend the Director General of Mining Cadastre (CAMI), Jean-Félix Mupande Kapwa. In a correspondence of Thursday, January 07, addressed to the latter, the minister indicates that the management control work carried out by his auditors revealed several dysfunctions in this service of the Ministry of Mines which are caused by the centralization of power around the DG of the mining cadastre. The minister also accuses him of being the basis of several decisions taken “unilaterally”, without consultation of the supervisory authority and… Read More Here

Mining Personality

How the appointment of four mining CEOs can be used to frame the sector’s 2021 outlook

January 7, 2021January 7, 2021 admin

THE performance of three of Johannesburg’s largest mining shares by value in 2021 will have much to do with a new generation of CEOs, one of which has already been named. A permanent change of management is imminent for two of bourse’s largest gold companies, AngloGold Ashanti and Gold Fields, whilst at Glencore, the global diversified miner, Gary Nagle is to replace CEO, Ivan Glasenberg. A fourth firm, Rio Tinto, replaced its CEO Jean-Sébastien Jacques with Jakob Stausholm. Although not listed in Johannesburg, its direction of travel will be illustrative of industry-wide problems… Read More Here

Events & Expos

Cyril Ramaphosa confirmed for Mining Indaba Virtual

January 7, 2021January 7, 2021 admin

HE Cyril Ramaphosa, president of South Africa, has confirmed to deliver the presidential keynote address at the upcoming Mining Indaba Virtual Following last year’s announcements, HE Cyril Ramaphosa will be joining the already confirmed president of the Democratic Republic of Congo (DRC), HE Félix Tshisekedi and president of Sierra Leone HE Julius Maada Bio at Mining Indaba Virtual which will be held from 2-3 February 2021. Ten months ago, the World Health Organization (WHO) declared a global pandemic, in which South Africa had been praised for its hard lockdowns ensuring the virus was contained. Almost all industries were… Read More Here

Copper Cobalt Mining in DRC

Managem and Wanbao add sulphuric acid plans to Pumpi copper and cobalt mine

January 7, 2021January 7, 2021 admin

The royal Moroccan mining company Managem and Chinese group Wanbao have plans to launch a sulphuric acid production line at their Congolese mine Pumpi, where they already extract copper and cobalt. Read More Here

Mining in DRC

China extends debt relief to DR Congo amid COVID-19 crisis

January 7, 2021January 7, 2021 admin

The Democratic Republic of the Congo, a major producer of cobalt and copper, has attracted billions of dollars in investment from Chinese firms in recent years. China has granted some debt relief to the Democratic Republic of the Congo (DRC) to help it overcome economic fallout from the coronavirus pandemic, the Congolese foreign ministry said on Wednesday. As a result, the DRC will not have to repay its interest-free loans from China that matured at the end of 2020. The ministry did not say how much this amounted to. China… Read More Here

Mining in DRC

AVZ signs big offtake deal with Chinese for Manono

January 7, 2021January 7, 2021 admin

CHINA’S largest lithium compound producer, Ganfeng, is reported to have signed up for 30% of planned concentrate production from AVZ Minerals’ 60%-owned large scale Manono project in Democratic Republic of Congo. The deal covers up to 160,000t of spodumene concentrate, with pricing specifics not disclosed. The deal will “greatly assist (AVZ) in meeting any conditions precedent that are required for our prospective financiers”. The 20-year Manono project has estimated capital costs of US$545 million, a net present value of A$1.6 billion (after tax) and an internal rate of return of… Read More Here