You are here

Written by 

One of world’s biggest cobalt mines is at stake in Congo fight 1 Cobalt Copper Mining in DRC 

One of world’s biggest cobalt mines is at stake in Congo fight

admin
A dispute over one of the biggest copper and cobalt mines is escalating in the Democratic Republic of Congo, threatening to disrupt exports of essential battery materials and raising questions about the project’s future. A top executive from state mining company Gecamines said that partner CMOC Group Ltd. owes $7.6 billion in overdue payments, and even accused the Chinese metals producer and trader of posing a threat to national security. CMOC said it denies the allegations, “strongly” opposes what it views as unjustified attacks, and will defend its rights and interests. The… Read More Here
Congo administrator seizes CMOC cobalt mine bank accounts – adviser 2 Cobalt Copper Mining in DRC 

Congo administrator seizes CMOC cobalt mine bank accounts – adviser

admin
A temporary administrator appointed by a Congolese court to run the world’s second-largest cobalt mine took control of the project’s bank accounts after majority owner CMOC refused him access to the mine, an adviser said on Wednesday. In written responses to Reuters, CMOC spokesman Vincent Zhou reiterated comments from two weeks ago that the Tenke Fungurume mine (TFM) has not changed its management, but he did not address questions about TFM’s bank accounts. A Congolese court appointed the administrator, Sage Ngoie Mbayo, in February to manage TFM for six months after… Read More Here
Zambia: Hope for Kabwe Lead Poisoning Victims 3 Mining in Zambia Oil & Gas 

Zambia: Hope for Kabwe Lead Poisoning Victims

admin
The Zambian government’s recent actions to address the toxic legacy of lead in Kabwe, in central Zambia, brings hope to affected communities, 15 Zambian and international nongovernmental organizations said today. In March 2022, Zambia’s President Hakainde Hichilema established a new technical committee to tackle extreme levels of lead pollution from a former mine and smelter in Kabwe, and to protect human health and the environment. The committee met for the first time on June 3 at the Ministry of Green Economy and the Environment and will propose a plan for a sustainable… Read More Here
Gemfields share price soars by 7% 4 Gemstones International Mining in Zambia 

Gemfields share price soars by 7%

admin
Gemfields’ stock soared nearly 7% on the JSE yesterday after the supplier of coloured gemstones said that its first ruby auction of the year brought in $95.6 million (R1.6 billion), the company’s all-time high auction income. In intraday trading on Monday, the shares were trading at R3.55. The Gemfields Group, headquartered in London and traded on the Johannesburg and London Stock Exchanges, specializes in emerald mining at the Kagem mine in Zambia and the Montepuez Ruby Mining (MRM) in Mozambique. According to the report, the ruby auction consisted of seven… Read More Here
Zambians must benefit more from mining, minister says 5 Mining in Zambia 

Zambians must benefit more from mining, minister says

admin
Zambia needs to hold a bigger stake in new mines and local communities should benefit more from the mineral values chain, mines minister Paul Kabuswe said on Wednesday. “This government is saying Zambians must be an integral part of whatever investment. We can no longer sit in the terraces and watch,” Kabuswe said at a conference. The minister said later in response to questions that the government was planning to increase the state’s shareholding in new mines to ensure that Zambia maximises its benefits from the sector. “Going forward, I… Read More Here
Gold firms as economic fears return to centre stage 6 Gold International 

Gold firms as economic fears return to centre stage

admin
Gold rose on Wednesday as renewed fears of a recession bolstered bullion’s allure as a safe haven and countered pressure from a firmer dollar, while investors awaited monetary policy cues from the Federal Reserve. Spot gold reversed initial declines to rise 0.4% to $1 839.86/oz by 11:45 GMT, while US gold futures gained 0.2% to $1 841.70. World stocks fell as concerns of rising interest rates and recession persisted.  Adding to this, soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month.  “You have all the fears of rising recession… Read More Here
Castillo Copper grants option to sell Zambian projects for £2.25 million  7 Copper Mining in Zambia 

Castillo Copper grants option to sell Zambian projects for £2.25 million 

admin
“The board is delighted to have granted London-based Hyperion Copper the option to acquire the Zambia Projects … we now have a partner who will fund all future development work, whilst benefits accrue to CCZ via retaining the shareholding in Hyperion Copper post its AIM listing,” said MD. Castillo Copper Ltd has awarded London-based company Hyperion Copper a 12-month option to acquire its wholly-owned subsidiary Zed Copper, which holds four assets in the Zambian copper belt, including the advanced Luanshya and Mkushi projects. Under the terms of the agreement, Hyperion will… Read More Here
MAINTENANCE, PLANNER | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 8 Mining Careers Mining in Zambia 

MAINTENANCE, PLANNER | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

admin
Requisition Number: JR6258 | Contract Type: On-going | Country: Zambia  Location: Solwezi   Category: Engineering Apply now Job description: Purpose of the role: The position exists to produce detailed and comprehensive plans/schedules of work orders for planned, routine, equipment overhaul and shutdown maintenance work and minor capital projects, providing an efficient and effective in-house work order planning service for key stakeholders. Key Responsibilities: Liaise with work request originators, Maintenance and Operations staff onsite inspections of planned work activities to ensure that work orders accurately reflect the specific actions necessary to complete the task effectively. Ensuring work order contains all… Read More Here
ENGINEER, ELECTRICAL | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 9 Mining Chemicals Mining in Zambia 

ENGINEER, ELECTRICAL | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

admin
Requisition Number: JR6242 | Contract Type: On-going | Country: Zambia  Location: Solwezi   Category: Engineering Apply now Job description: Purpose of the role: Reporting to the Superintendent Electrical Infrastructure, you will be responsible for assisting in the establishment of preventative and responsive electrical fixed plant maintenance within the FQM Trident mine process plant: to ensure maximum operational performance is achieved in a safe and cost effective manner. Key Responsibilities: Provide guidance on the installation of new electrical infrastructure operational equipment and systems, replacement of old, faulty or redundant electrical infrastructure operational equipment and systems, inside the process plant… Read More Here
SENIOR ANALYST- BUSINESS EVALUATION | MINING CAREERS AT MMG, KINSEVERE, DRC 10 Mining Careers Mining in DRC 

SENIOR ANALYST- BUSINESS EVALUATION | MINING CAREERS AT MMG, KINSEVERE, DRC

admin
Requisition number: 499197| Location: Kinsevere DRC Apply now Job no: 499197Work type: À plein tempsLocation: mine de Kinsevere MMG Limited is a publicly-listed global base metal mining company recognised as a leading producer of copper and zinc. As an international business, MMG strives to create an inclusive culture by bringing together people from diverse backgrounds and experiences. We recognise the unique value your contribution makes to the progress of our company and the communities in which we operate. The mine; MMG Kinsevere is fully owned by MMG Limited Senior Analyst – Business Evaluation Reporting to… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.