admin - Copperbelt Katanga Mining

Written by admin

The price of tin could register a decline of 2,981.25 USD per tonne this week

May 17, 2022May 17, 2022 admin

The prices of the main mining products exported from the Democratic Republic of Congo (DRC) have been in freefall on the international market for several weeks. This trend was confirmed in the latest report by experts from the National Mercurial Commission of the DRC Ministry of Foreign Trade, which takes into account the period from May 16 to 21, 2022. This document indicates that tin should experience a significant drop during this period and should sell at 40,068.75 USD per tonne against 43,050.00 USD last week, i.e. a negative price… Read More Here

Battery boom pulls trading giant Trafigura into lithium business

May 17, 2022May 17, 2022 admin1 Comment

Trafigura Group said its plan to invest in a new UK lithium refinery will mark the start of the trading giant’s foray into buying and selling the crucial battery metal. Last week’s agreement to back the plant being developed by startup Green Lithium brings the world’s top independent commodities trader into a market struggling to create enough new supply to meet demand for electric vehicles. The deal is part of Trafigura’s plan to grow a lithium trading book and link global car and battery companies to mines, its nickel and… Read More Here

Copper Mining in Zambia

Galileo reports positive exploration progress at its Luansobe copper project

May 17, 2022May 17, 2022 admin

Aim-listed Galileo Resources has announced positive exploration progress at its Luansobe copper project, in Zambia. The project is situated on the Zambian copper belt, where Galileo holds a 75% interest in a small-scale exploration licence. So far, portable X-ray fluorescence (pXRF) spectroscopy testing of the historic drill core, which was subject to full assay checking, has provisionally identified an upper mineralised zone of moderate copper grade, with some higher-grade intervals, in several holes, extending up to 36 m in thickness. “We are receiving very satisfactory results from our work on… Read More Here

Mining Careers Mining in Zambia

ARTISAN, BODY REPAIR | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

May 17, 2022May 17, 2022 admin

Requisition Number: JR4628 | Contract Type: Fixed Term | Country: Zambia Location: Solwezi Category: Engineering Apply now Job description: PURPOSE The Artisan, Body Repair will be responsible for safely executing maintenance work according to the prescribed standards while ensuring the safety of self and others. KEY RESPONSIBILITIES The suitable candidate 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 relevant to the level of the role and responsibilities of the… Read More Here

Mining Careers Mining in Zambia

ARTISAN, CARPENTER | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

May 17, 2022May 17, 2022 admin

Requisition Number: JR4887 | Contract Type: Fixed Term | Country: Zambia Location: Solwezi Category: Engineering Apply now Job description: PURPOSE To safely execute maintenance & installation work according to prescribed standards. KEY RESPONSIBILITIES The holder of this 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 relevant to the level of the role and responsibilities of the function. Installation. Must be able to construct, erect, install, renovate and repair… Read More Here

Mining in DRC Mining Supply Tenders Oil & Gas

Africa-APPO 2022: Didier Budimbu pleads for better support for tenders for 16 oil blocks in the DRC

May 17, 2022May 17, 2022 admin

In anticipation of the launch of calls for tenders for the acquisition and exploitation of 16 oil blocks, the data of which are already available, the Congolese Minister of Hydrocarbons, Didier Budimbu, pleaded with his African peers from the Organization of African oil producers for better support for these operations scheduled for July 28 and 29. The Congolese Minister, Didier Budimbu, seized the opportunity of the 8th Conference of African Producing Countries (APPO), to plead for a balance between continuing to work for the protection of the global ecosystem whose… Read More Here

Cobalt Mining in DRC

A tonne of cobalt should trade at 87,781.05 USD this week

May 17, 2022May 17, 2022 admin

According to projections by experts from the National Mercurial Commission of the Ministry of Foreign Trade, the general trend of the main mining products exported from the Democratic Republic of Congo is downward during the period from May 16 to 21, 2022. According to these projections, during the period considered, a single product should register a very significant increase in price on the international market. These include cobalt which is expected to decline from $81,485.00 per ton last week to $87,781.05 per ton this week. Indeed, this product should record a… Read More Here

Mining in DRC International

Botswana sees Russian diamond ban opening door to synthetic gems

May 16, 2022May 16, 2022 admin

Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s minister told a mining conference on Monday. The United States, the world largest market for natural diamonds, imposed sanctions on Russia’s state-controlled Alrosa in April, aiming to cut off a source of revenue for Moscow after its February invasion of Ukraine. Alrosa, the world’s largest producer of rough diamonds, accounted for about 30% of global output in 2021. Botswana’s Minister of Minerals and Energy Lefoko Moagi said the… Read More Here

Mining technology International

Sandvik highlights parts supply and management options as it continues predictive maintenance focus

May 16, 2022May 16, 2022 admin

Sandvik Mining & Rock Solutions is offering various parts supply and management options to suit customers’ needs and help facilitate its own corporate focus on predictive maintenance through the flow of real-time data on its equipment. Among the options, according to Amith Ganasram, Business Line Manager – Parts, Commercial, at Sandvik Mining & Rock Solutions, is Vendor Managed Inventory. “To streamline the availability of spare parts, our people can be on site with an inventory of stock that we manage,” Ganasram says. “The main advantage here is that this makes… Read More Here

Equipment & Technology International Mining technology

BME’s first BIT120 battery-electric retrofit heads for WA Goldfields

May 16, 2022May 16, 2022 admin

New South Wales-based Batt Mobile Equipment (BME) has announced the release of its first BIT120, a 20 t Integrated Tool Carrier battery-electric retrofit system. The first machine is being sent to Gold Fields’ St Ives mining operation in Western Australia on a 12-month hire agreement. The company is also in the middle of another two BIT120 builds for Barminco Holdings Pty Ltd, the Perenti-owned underground contract mining company. The BIT120 leverages the learnings from the TRITEV project, which was part of an initiative developed under Project EVmine, with the help… Read More Here