You are here

Written by 

A tonne of cobalt should trade at 87,781.05 USD this week 1 Cobalt Mining in DRC 

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

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
Botswana sees Russian diamond ban opening door to synthetic gems 2 Mining in DRC International 

Botswana sees Russian diamond ban opening door to synthetic gems

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
Sandvik highlights parts supply and management options as it continues predictive maintenance focus 3 Mining technology International 

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

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
BME’s first BIT120 battery-electric retrofit heads for WA Goldfields 4 Equipment & Technology International Mining technology 

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

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
Gold prices buckle under pressure from 'King Dollar', higher yields 5 Gold International 

Gold prices buckle under pressure from ‘King Dollar’, higher yields

admin
Gold prices fell more than 1% to their lowest in 3-1/2 months on Monday as elevated bond yields and a firmer U.S. dollar dampened bullion demand, even as riskier assets dropped after grim China economic data. A stronger dollar makes gold expensive for overseas buyers, while higher Treasury yields raise the opportunity cost of holding zero-yield bullion. Spot gold was down 0.4% to $1,804.01 per ounce as of 1124 GMT, after hitting its lowest since Jan. 31 at $1,786.60 earlier in the session. U.S. gold futures fell 0.3% to $1,802.20.… Read More Here
Jubilee Metals peaks performance in SA and Zambia 6 Career Mining in Zambia 

Jubilee Metals peaks performance in SA and Zambia

admin
Jubilee Metals Group PLC, a leader in metals processing with operations in Africa has provided a performance update of its new and expanded fully integrated South African Inyoni PGM and Chrome Operations and its Zambian Southern Copper Strategy. This new and significantly enlarged operational footprint follows a R 786 million investment programme implemented over the past 12 months. Leon Coetzer, CEO of Jubilee, commented: “The Jubilee team was bold in its plans to expand and optimise the South African and Zambian operations, however a confident, but prudent approach to the… Read More Here
Electric cars to account for over 80% of battery demand in next 20 years despite current challenges – report 7 Battery Metals International 

Electric cars to account for over 80% of battery demand in next 20 years despite current challenges – report

admin
Electric cars are expected to account for 79% of the EV market revenues and 83% of battery demand in the next two decades despite some current challenges, a new report by IDTechEx shows. According to the research firm, the reason for cars to continue to lead the EV sectors is that they have long been the focus of government policy for their popularity and the need to reduce road emissions. At present, electric cars are the largest market among EVs, with sales more than doubling in 2021 to over 6.4 million. But… Read More Here
SUPERINTENDENT-SECURITY OPERATIONS | MINING CAREERS AT KAGEM MINING LIMITED, LUSAKA ZAMBIA 8 Mining in Zambia Mining Careers 

SUPERINTENDENT-SECURITY OPERATIONS | MINING CAREERS AT KAGEM MINING LIMITED, LUSAKA ZAMBIA

admin
Location: Lusaka, Zambia | Report: Assistant Manager Kagem is seeking remarkable candidate to join the team, in the position of Security Operations Job Purpose To ensure adequate manpower, infrastructure, and equipment availability in all security locations Principle Accountabilities Supervise security staff deployment at various points to ensure that they are active and carrying out their duties efficiently at the designated location. Conduct security infrastructure inspections at the point of work and recommend continues improvements Implement and ensure security SOPs are followed at place of work and on any discrepancies Ensures that discipline and… Read More Here
Copper wavers near $9 000 after fear-filled week for metals 9 Copper International 

Copper wavers near $9 000 after fear-filled week for metals

admin
Copper steadied and aluminum rose after a turbulent week for metals dominated by growing concerns over the state of the global economy. While metals markets were calmer Friday, prices have endured a dismal few days on fears about monetary tightening as well as demand from top consumer China. Copper — often seen as an economic bellwether — is heading for its sixth weekly decline in London. Federal Reserve Chair Jeromy Powell on Thursday pushed back against speculation of more aggressive interest-rate hikes. But weaker global growth remains a key worry… Read More Here
The Carter Center publishes a Guide on implementing social responsibility specifications for mining companies-DRC 10 Mining in DRC Mining Companies 

The Carter Center publishes a Guide on implementing social responsibility specifications for mining companies-DRC

admin
There is now a “Practical Guide on the Process of Negotiations, Examination and Execution of the Specifications for Social Responsibility of Mining Companies in the DRC. It was released on May 6, 2022 by The Carter Center through its Extractive Industries Governance Program in the Democratic Republic of Congo, reports a press release from that organization. This so-called “reference” Guide is intended to help stakeholders better conduct and manage the process of specifications in the mining sector of the Democratic Republic of Congo. The Guide provides guidance and practical responses 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.