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All Star completes due diligence on South African, Zambian projects 1 Mining in Zambia Lithium New Mining Projects Rare Earth Minerals 

All Star completes due diligence on South African, Zambian projects

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AQSE-listed mining investing company All Star Minerals has announced the successful completion of its due diligence over the Blesberg lithium and tantalum project in South Africa and the Nkombwa Hill tantalum, rare earth elements and phosphate project in Zambia. This followed All Star’s announcement on April 21 that it had entered into a heads of agreement (HoA) with mining investment firm Gathoni Muchai Investments. The due diligence process included site visits, analyses of the technical aspects of the underlying deposits and their Joint Ore Reserves Committee- (Jorc-) and South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves- (Samrec-) compliant resources,… Read More Here
CHIEF EXECUTIVE OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, LUSAKA, ZAMBIA 2 Mining Careers Mining in Zambia 

CHIEF EXECUTIVE OFFICER | MINING CAREERS AT ZCCM-IH INVESTMENT HOLDINGS, LUSAKA, ZAMBIA

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JOB TITLE:  Chief Executive Officer  | LOCATION: Lusaka ZCCM Investments Holdings PLC is an investment holdings company with diversified interests in mining, energy, and other sectors of the Zambian economy.  The Company’s majority shareholder is the Industrial Development Corporation Ltd (IDC), an investment company wholly owned by the Zambian Government and the rest of the shareholders include institutions and private shareholders spread across the world. The mission of the Company is “to maximize shareholder value with due regard to the interests of all stakeholders”.  In order to achieve this mission,… Read More Here
Ghana seeks strategic partner to upgrade VALCO aluminium smelter 3 Aluminium 

Ghana seeks strategic partner to upgrade VALCO aluminium smelter

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Ghana is on a roadshow to find a strategic partner to “revamp” state-owned Volta Aluminum Company’s (VALCO) aluminium smelter, Ghana Lands and Natural Resources minister Samuel Jinapor said on Monday at the Africa CEO Forum conference in Abidjan. Jinapor said Ghana, which has ample reserves of aluminium ore bauxite, aims to create an integrated aluminium industry in the country. “Today we are insisting … that exploration, prospecting, mining, refining, smelting, the downstream industry, all of it must be in Ghana,” Jinapor said. Ghana’s push to expand domestic processing capabilities echoes a move… Read More Here
Copper Outlook Threatened by Various Economic Risks: Experts 4 Copper International 

Copper Outlook Threatened by Various Economic Risks: Experts

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Copper is beset by various risks that threaten to undermine the prospects of the key metal needed to wean the world off fossil fuels, according to CRU Group’s Vanessa Davidson. Threats include “the possibility of a decline in GDP or industrial production triggered by geopolitical risks, high inflation becoming more entrenched in the economy, or the effects of Covid-19 lasting longer than expected,” it said. CRU’s director of copper research and strategy said Monday at a mining conference in Toronto. Other near-term risks include slower-than-expected adoption of green technologies, greater availability… Read More Here
Copper price slips as China demand woes resurface 5 Copper International 

Copper price slips as China demand woes resurface

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The copper price fell on Monday, as a stronger US dollar and renewed worries over demand due to partial lockdowns in China weighed on sentiment. Copper for delivery in July fell 2.7% from Friday’s settlement, touching $4.17 per pound ($9,188 per tonne) Monday morning on the Comex market in New York. The most-traded July copper contract in Shanghai fell 0.5% at 72,490 yuan ($10,831.53) a tonne. Beijing raced to contain a “ferocious” outbreak, with millions facing mandatory testing and thousands under targeted lockdowns, after the capital city recently relaxed curbs.… Read More Here
China Moly denies Congo administrator takes over its Tenke copper-cobalt mine 6 Cobalt Copper Mining in DRC 

China Moly denies Congo administrator takes over its Tenke copper-cobalt mine

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There has been no change in control of Tenke Fungurume Mining, majority owner China Molybdenum said on Friday, contradicting a state mining company official who said a temporary administrator had taken control of the world’s second-largest cobalt producer. The secretary-general of Congo’s state mining company Gecamines told Reuters on Thursday that a court-appointed temporary administrator had officially taken charge amid a dispute between TFM shareholders. China Moly controls an 80% stake in the copper and cobalt mine, while Gecamines owns 20%. “There is no change in the management right of… Read More Here
ASSISTANT MANAGER | MINING CAREERS AT KAGEM MINING LIMITED, LUSAKA ZAMBIA 7 Mining Careers Mining in Zambia 

ASSISTANT MANAGER | MINING CAREERS AT KAGEM MINING LIMITED, LUSAKA ZAMBIA

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Location: Lusaka, Zambia | Report: Senior Manager MIS Kagem is seeking remarkable candidate to join the team, in the position of Assistant Manager MS.Job Purpose: The Assistant Manager MIS key role will be to analyze the operating performance to identify gaps for improvement, driving testing and implementation of improvement ideas, assists with operations data management/ reporting, and conducts training of MIS team. The analytical expertise in understanding key patterns and trends, combined with the love of solving complex problems, is a must requirement for one to succeed in in this roles. Read More Here
Tharisa + Liebherr: New partnership to reduce carbon emissions 8 Equipment & Technology Mining technology 

Tharisa + Liebherr: New partnership to reduce carbon emissions

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Tharisa, the PGM and chrome co-producer listed on the JSE and LSE, has received on site and already begun operational testing of three Liebherr mining machines with more efficient engines and fuel systems. The partnership is part of Tharisa’s ESG initiative to reduce its carbon footprint. The two T 236 mining trucks with a capacity of 100 metric tonnes and one 72 t PR 776 dozer, both of which use the latest generation diesel engine technology with the T 236s using Cummins QST 30 engines and the PR 776 utilising… Read More Here
Kagem renews UNZA partnership with USD172,500 scholarship programme 9 Mining in Zambia Corporate social responsibility 

Kagem renews UNZA partnership with USD172,500 scholarship programme

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Kagem Mining Ltd has committed USD172,500 worth of funding for scholarships for University of Zambia (UNZA) mining and geology students following its renewal of a memorandum of understanding (MoU) with the university. The MoU intends to enhance the emerald mine’s commitment to collaborating with educational institutions on matters related to training, research, and human resource development in the mining sector. Present at the MoU signing ceremony was UNZA Acting Vice Chancellor Prof. Anne Sikwibele, who hailed the gesture saying it demonstrated Kagem’s dedication to facilitating local participation in the mining… Read More Here
Gold’s haven appeal burnished by drumbeat of growth warnings 10 Gold International 

Gold’s haven appeal burnished by drumbeat of growth warnings

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Gold could be heading for another rally, with warnings over a global economic slowdown paving the way for a fresh push toward $2 000/oz. A potent mix of decades-high inflation, geopolitical turmoil and growing talk of recession should be bullish for the traditional haven, according to speakers interviewed ahead of a precious metals conference in Singapore this week. Bullion is down about 10% from a peak in mid-March, after the concerns that Russia’s invasion of Ukraine might sprawl into a broader conflict dissipated. But with top banking executives now warning… Read More Here

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