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DRC mining industry produced 121,955 tonnes of copper and nearly 7,000 tonnes of cobalt in January 2022 1 Copper Cobalt Mining in DRC 

DRC mining industry produced 121,955 tonnes of copper and nearly 7,000 tonnes of cobalt in January 2022

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The mining industry in the Democratic Republic of the Congo produced 121,955 tonnes of copper in January 2022 compared to 130,508 tonnes of copper in January 2021, a drop of around 8,553 tonnes, according to figures from the Central Bank contained in its Digest of statistical information of January 13, 2022. As for cobalt, 6,498 tonnes were produced in January 2022 compared to 7,383 tonnes in January 2021, a monthly production drop of around 885 tonnes from one year to the next. Recall that in 2021, the mining industry in… Read More Here
Smart Mining: The Benefits of Developing Digital Mines 2 Mining technology 

Smart Mining: The Benefits of Developing Digital Mines

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Smart Mining: An Innovative Approach to the Issues Facing the Mining Industry Industry 4.0 is fast becoming a global reality. This has led to an increasing focus across the mining industry on innovative approaches to solving several key issues it faces today. Chief amongst these approaches is the development of the connected, data-driven, and automated “smart mining” model. Mining companies have prioritized technology investments, building their data and intelligence capabilities, and integrating equipment, software, and human operators. The smart mine takes advantage of several innovative technologies, including the Internet of… Read More Here
Efforts are continuing to find a solution that unlocks KCM’s potential and delivers maximum benefit to the people of Zambia 3 Mining in Zambia 

Efforts are continuing to find a solution that unlocks KCM’s potential and delivers maximum benefit to the people of Zambia

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Zambia’s decision to take control of a copper mine in the country’s north three years ago will be subject to an arbitration hearing in London in January, the country’s mines minister announced on Wednesday, amid a long-running dispute over the mine’s ownership. Zambia handed control of Konkola Copper Mines (KCM) to a state-appointed provisional liquidator in May 2019, igniting a legal battle with the company’s previous owner, India-listed Vedanta, with arguments heard in Zambia and South Africa and the dispute heading to international arbitration. Zambia’s government accused Vedanta of violating… Read More Here
HOLDING MINING HOUSES TO A HIGHER STANDARD 4 Mining in Zambia 

HOLDING MINING HOUSES TO A HIGHER STANDARD

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Venerated novelist, essayist and critic George Orwell once said, “If liberty means anything at all, it means the right to tell people what they do not want to hear.” Among the many things that have often been difficult to hear is the opinion that Foreign Direct Investment (FDI) is the key to unlocking Zambia’s true mining potential. Not infrequently, we read about one person or the other declaring that all foreigners come to steal from us and that Zambians would be better off running the mining show on our own.… Read More Here
All Star completes due diligence on South African, Zambian projects 5 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 6 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 7 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 8 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 9 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 10 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

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