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Castillo Copper grants option to sell Zambian projects for £2.25 million  1 Copper Mining in Zambia 

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

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“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 2 Mining Careers Mining in Zambia 

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

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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 3 Mining Chemicals Mining in Zambia 

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

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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 4 Mining Careers Mining in DRC 

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

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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
Cobalt gets cheaper as China’s buyers suffer from battery slump 5 Cobalt International 

Cobalt gets cheaper as China’s buyers suffer from battery slump

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Cobalt prices are crashing back to earth as sellers offer increasingly steep concessions to Chinese buyers who have turned cold on the battery metal as demand slumps in electric vehicles and smartphones. The benchmark price for cobalt in Europe has slid more than 13% since a peak in May, and an even sharper decline in Chinese prices signals the sell-off could have further to run. Buyers in the country are racing to renegotiate supply deals in order to stem heavy losses arising from an unusual disconnect between domestic and international… Read More Here
Eighth and last missing miner found dead in flooded Burkina Faso mine 6 Mining in Zambia 

Eighth and last missing miner found dead in flooded Burkina Faso mine

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The body of the last of eight miners who drowned in a Burkina Faso zinc mine owned by Trevali Mining Corp when it flooded on April 16 was found on Monday, the government said. The seven other bodies have been recovered gradually from the mine’s underground passages since May 24, when the first four were discovered. Hopes of finding any survivors had already dissolved by then, as rescue teams had found no one inside a chamber in which there had been a slim chance that the eight missing miners who… Read More Here
Glencore unit pleads guilty to bribery in Africa 7 International Oil & Gas 

Glencore unit pleads guilty to bribery in Africa

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A British subsidiary of Glencore (LON: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the UK Serious Fraud Office (SFO), which relate to the firm’s oil operations in Africa. Glencore Energy confessed to paying $28 million in bribes to secure preferential access to oil, including increased cargoes, valuable grades of oil and preferable dates of delivery in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria and South Sudan. The company, which also admitted to generating illicit profits between 2011 and 2016, will be sentenced… Read More Here
Allocation of 16 oil and gas blocks from the DRC, Egypt expresses its interest 8 Mining in DRC Oil & Gas 

Allocation of 16 oil and gas blocks from the DRC, Egypt expresses its interest

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The opportunities related to the allocation of oil and gas blocks in the Democratic Republic of Congo (DRC) were the subject of discussions between the Congolese Minister of Hydrocarbons, Didier Budimbu, and the Egyptian Prime Minister, Moustapha Madbouli. It was on the sidelines of the 7th edition of the AFFCA in Cairo, Egypt. Their discussions indeed focused on the opportunities represented by the allocation of oil and gas blocks not only for the DRC but also for the African continent as a whole. Egypt, already present in the DRC through several… Read More Here
Sandvik wins BEV order for BHP Jansen Potash 9 Equipment & Technology Mining technology 

Sandvik wins BEV order for BHP Jansen Potash

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Sandvik Mining and Rock Solutions has secured an order of battery electric vehicles (BEVs) from BHP for the Jansen potash project, located in the province of Saskatchewan, Canada. Jansen Stage 1 is being designed with a focus on sustainability and technology and the battery-electric loaders will be used in the most advanced potash-mine in the world. BHP has ordered 10 underground battery electric loaders along with 1 electric tethered loader for use at the Jansen potash project located approximately 140 kilometres east of Saskatoon in the province of Saskatchewan. The… Read More Here
copper falls again to USD 9,394.90 per tonne on the international market 10 Copper International 

copper falls again to USD 9,394.90 per tonne on the international market

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Copper should register a slight price drop again this week on the international market, indicates the note on the Mercuriales of the Ministry of Foreign Trade. According to the projections of this service, copper should trade at 9,394.90 USD per ton this week against 9,583.70 USD per ton last week, a slight drop in price of around -188.8 usd. On the London Stock Exchange, copper is selling at USD 8,967.15 per tonne this Monday, June 20, 2022 and registering a price drop of -1.24% compared to the end of last… Read More Here

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