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Epiroc to acquire mine productivity software company

December 23, 2020December 23, 2020 admin

Swedish mining engineering company Epiroc plans to acquire South African mine planning, execution and analytics software company MineRP. Epiroc said MineRP’s software platform, which supports large and medium-sized mines globally in optimizing operational efficiency, would strengthen its digitalisation offering. Financial details of the deal were not disclosed “This acquisition fits well into Epiroc’s focus on supporting mining companies on their digitalisation journey. The combination of MineRP’s platform capabilities with Epiroc’s digital solutions, partners and global presence has the potential to transform the way that mines operate,” said Helena Hedblom, Epiroc’s… Read More Here

Diamond

BlueRock Diamonds’ Kareevlei upgrade ‘near completion’

December 23, 2020December 23, 2020 admin

UK-based BlueRock Diamonds said a planned expansion of processing facilities at its Kareevlei Diamond project in South Africa, which aims to raise capacity by 75%, will be complete early next year. The crushing circuit at the mine, located in the country’s Kimberley region, will be completed by the end of 2020 and the expansion commissioned in early January 2021, said the company. The expansion will help rise processing guidance for the first quarter to 130,000 tonnes, a 75% increase on the first quarter last year of 74,000 tonnes. BlueRock executive chairman, Mike Houston… Read More Here

International Mining in DRC

First Cobalt gets C$10m government boost to refinery

December 23, 2020December 23, 2020 admin

First Cobalt (TSXV: FCC; US-OTC: FTSSF) has secured C$10 million ($7.8m) in government funding that will allow it to accelerate the development of its cobalt refinery in Ontario, 600 kilometers from the US border. Under the funding arrangement, the Canadian federal government has agreed to provide a C$5 million interest-free loan to the company, while the government of Ontario will give a C$5 million non-repayable grant. “I can’t say enough about the level of support that has been provided to us, with 100% of the proceeds to be put into the… Read More Here

Copper Mining in DRC

The DRC among the countries to boost global copper production from 21.5 million tonnes to 27.8 million tonnes / year between 2021 and 2029

December 22, 2020December 22, 2020 admin

A report from Fitch Solutions predicts that global copper mine production will grow at an average annual rate of 3.7% between 2021 and 2029, with total production rising from 21.5 million tonnes to 27.8 million tonnes over the course of the same period. The DRC is one of the countries that will boost the increase in copper production in the world over the next decade. China and the DRC are among the countries that will boost copper production in the world over the next ten years, according to forecasts by the… Read More Here

Copper International

Copper price powers on

December 21, 2020December 21, 2020 admin

Copper prices jumped to the highest since February 2013 on Friday on hopes that economic stimulus in the US will further boost demand for the bellwether metal, already in short supply amid an Asian factory and construction boom. The US Congress is facing down a midnight deadline to pass a relief measure as part of a massive government spending bill, which would be the largest in history after the $2.2 trillion Cares Act, passed in late March. On the Comex market, copper for delivery in March advanced 1.2% to $3.6445 a pound in… Read More Here

Gold International

Gold price climbs on US stimulus agreement

December 21, 2020December 21, 2020 admin

Gold prices climbed to a six-week high on Monday, driven by news that US congressional leaders reached an agreement on a $900 billion covid-19 relief bill. Meanwhile, pandemic lockdowns in the UK soured appetites for riskier assets and lent further support for bullion. Spot gold advanced 0.5% to $1,877.14 per ounce by 1 p.m. EST, having surpassed $1,900 earlier in the day. US gold futures held steady at $1,886.40 per ounce. “Now that we’ve got fiscal stimulus behind us, gold has enough momentum to close above $1,900 by year-end and it could… Read More Here

Mining Personality

First Quantum names Tristan Pascall COO

December 21, 2020December 21, 2020 admin

First Quantum on Monday elevated director of strategy Tristan Pascall to chief operating officer and said long-time president Clive Newall will step back from an executive role but remain as a director. First Quantum, which operates the Sentinel and Kansanshi mines in Zambia, said Pascall would assume the COO position effective Jan. 1, 2021. Pascall was general manager of the company’s Cobre Panama mine through January 2020. Newall, who has been president and a director of the company since its inception, will work in a non-executive capacity through the transition,… Read More Here

Copper International

Global copper output to grow over the next decade – report

December 21, 2020December 21, 2020 admin

A report by Fitch Solutions forecasts global copper mine production to increase by an average annual rate of 3.7% over 2021-2029, with total output rising from 21.5mnt to 27.8mnt over the same period. Year-on-year, the market analyst sees production of the red metal expanding 6.9% as a result of multiple new projects coming online and low-base effects due to covid-19 lockdowns reducing output in 2020. Leading this growth is Chile, where BHP’s (ASX, LON, NYSE: BHP) Spence Growth Option project is expected to deliver first production between December 2020 and March 2021.… Read More Here

Mining Careers Mining in Zambia

COORDINATOR- TRUCK SHOP | MINING CAREER AT FQM,KALUMBILA, SOLWEZI, ZAMBIA

December 21, 2020December 21, 2020 admin

Requisition Number: JR1610| Country: Zambia | Contract Type: On-going| Location: Solwezi | Categories: Engineering Apply now To coordinate/Supervise the safety, Environmental and maintenance of the mobile truck section. This role reports to the Mobile Truck Section Superintendent and will be his righthand, and assist him in his duties. Key Responsibilities: Maintain safe work procedures and promote high safety and health awareness. Promote and comply with the KML Occupational Health and Safety Policy. Provide coaching and mentoring to Supervisors to enable them to understand the critical issues affecting the planned maintenance and Backlog requirements across the Trucks Maintenance Workshop and… Read More Here

Mining Careers Mining in Zambia

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

December 21, 2020December 21, 2020 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