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Kamoa-Kakula Copper Project mines 269,000 tonnes of ore from the Kakula and Kansoko mines in December at an average grade of 5.36% copper 1 Mining in DRC Copper 

Kamoa-Kakula Copper Project mines 269,000 tonnes of ore from the Kakula and Kansoko mines in December at an average grade of 5.36% copper

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Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that underground development at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC) mined and stockpiled 269,000 tonnes of ore grading 5.36% copper in December from the Kakula and Kansoko mines, including 55,000 tonnes grading 8.75% copper from the high-grade centre of the Kakula Mine. The tonnage was 7.6% higher than November, while the copper grade was 10.5% higher. The project’s pre-production surface stockpiles now contain approximately 1.52 million tonnes of… Read More Here
New conversion kits for Tembo 4×4 2 Equipment & Technology 

New conversion kits for Tembo 4×4

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The electric off-road vehicle Tembo 4×4 E-LV on Toyota basis becomes a multifunctional platform: Several versions, from the classic Hilux and Land cruiser pickup to the station wagon, are already available – and another one with an extra large personnel cabin is now being added to the offering. The designers have given the Tembo, which is sold in many parts of the world by the manufacturer of construction and mining machines GHH, a leading edge with the new extra large 10 personnel carrier. It is specifically targeted to applications, where… Read More Here
GOLD, COPPER, COFFEE ... among the best rated raw materials in 2020 - DRC 3 Copper Gold Mining in DRC 

GOLD, COPPER, COFFEE … among the best rated raw materials in 2020 – DRC

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The price of gold exceeded $ 2,000 this year for the first time, and industrial metals like copper also had a booming year, as appetite for agricultural commodities suffered from the pandemic. This is explained in an article published on Saturday January 02 by BFM Bourse. The yellow metal climbed to $ 2,075.47 on August 7, in response to mounting monetary easing across the world. A new historical record. This summer, “gold was in great demand as a safe haven” but also “because rates of return plunged with the measures taken… Read More Here
Trump to approve land swap for Rio Tinto’s Resolution copper project 4 Copper International 

Trump to approve land swap for Rio Tinto’s Resolution copper project

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U.S. President Donald Trump’s outgoing administration plans to approve a controversial land swap needed for Rio Tinto Ltd and partners to build an Arizona copper mining project that Native American tribes say will destroy sites of cultural and religious value. The move further escalates the growing global clash between indigenous groups, who are increasingly vocal about the need to preserve historical lands, and mining companies eager to produce more copper for electric vehicles and other green technologies. The U.S. Forest Service will publish a final environmental impact statement for the… Read More Here
Iron ore price leaps into 2021 6 Iron Ore International 

Iron ore price leaps into 2021

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Iron ore prices started the new year with a bang on Monday as unprecedented demand from China counteracted government calls for sharp cuts in the country’s steel output. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China (CFR Qingdao) were changing hands for $165.29 a tonne on Monday, up 3% on the day.  In December, the steelmaking raw material hit its highest level since September 2011 after gaining nearly 80% during the year. “Impact from the pandemic (on iron ore) was not as pessimistic as the market expected,”… Read More Here
Aton outlines plan to build Egypt’s second gold mine 8 Gold 

Aton outlines plan to build Egypt’s second gold mine

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Canada’s Aton Resources (TSX-V: AAN) said on Monday that is ready to kick off an ambitious exploration drilling and development program focused on building Egypt’s second operating gold mine. The Vancouver-based miner said that while there are still potential bumps in the road due to covid-19, it is prepared to face them and that the minerals sector in Egypt is showing tangible signs of development, ATON RESOURCES, WHICH OWNS THE ABU MARAWAT CONCESSION IN EGYPT, SAYS THE GOVERNMENT IS ACTIVELY SUPPORTING ITS EMERGING MINING INDUSTRY Aton Resources, which owns the Abu Marawat… Read More Here
Gold price begins new year on a high 10 Gold International 

Gold price begins new year on a high

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Gold is off to a good start in 2021 after recording its best yearly gain in a decade. Prices surged above $1,900 an ounce on Monday to the highest in almost two months as lower US real yields and a weaker dollar kept the yellow metal’s momentum up. Spot gold advanced 2.1% to $1,939.41 an ounce by 11:40 a.m. EST. US gold futures were also up 2.6% to $1,945.10 per ounce. Real yields — the difference between nominal benchmark bond yields and the rate of inflation — fell close to… Read More Here
Lucapa recovers its first +100 carat diamond for 2021 13 Diamond 

Lucapa recovers its first +100 carat diamond for 2021

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ASX-listed Lucapa Diamond Company and its partners have recovered a 113 carat diamond from its Lulo alluvial mine in Angola. This is the 17th +100 carat white diamond recovered by Sociedade Mineria Do Lulo (SML) from Lulo. The 113 carat gem-quality white stone is the 1st +100 ct diamond recovered from Mining Block 46, immediately downstream of the Canguige river. It is particularly significant, as it shows that these large and high-value diamonds continue to occur right up to the current focus area of our kimberlite exploration program. This recovery… Read More Here
AU Presidency: Tshisekedi calls on the Congolese to capitalize on opportunities for economic and social development 14 Mining in DRC 

AU Presidency: Tshisekedi calls on the Congolese to capitalize on opportunities for economic and social development

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The Democratic Republic of Congo will chair the African Union for a year, starting next February. In his capacity as future President of this continental body, Félix Tshisekedi mentioned, in his speech of December 31 to the Congolese, the opportunities for economic and social development offered by such a situation to the country. “The year 2021 offers our country the opportunity in terms of foreign policy, to chair the African Union for the 2021-2022 fiscal year. As such, our country will be in great demand during next year. This is… Read More Here

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