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Sama Lukonde at INDABA/2022 to present investment opportunities in the DRC 1 Events & Expos Mining in DRC 

Sama Lukonde at INDABA/2022 to present investment opportunities in the DRC

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Accompanied by the Ministers of Mines, Digital and Communication and Media, the Head of Government, Jean-Michel Sama Lukonde, arrived Sunday evening in Cape Town, South Africa, where he came to represent the President of the Republic, Félix Antoine Tshisekedi Tshilombo, at this Forum placed under the theme “Evolution of the African mining sector: investing in energy transition, ESG and savings”. It is around this main theme that the various exchanges and reflections will be carried out. The participants in these conferences are called upon to look in the same direction for… Read More Here
Celine Nair takes over role of KCM Provisional Liquidator 2 Copper Mining Companies Mining in Zambia 

Celine Nair takes over role of KCM Provisional Liquidator

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Konkola Copper Mines has announced that Lawyer Celine Meena Nair has taken over the role of Provisional Liquidator of the mining giant. This follows her recent appointment as acting Official Receiver of the Republic of Zambia. Ms Nair has assumed all functions relating to the office of the KCM Provisional Liquidator. This is according to a statement issued by KCM acting Chief Executive Officer Enock Mponda. At the time of her appointment, Ms Nair was Principle Legal Officer-International Law and Agteemht at the Ministry of Justice. Below is the full… Read More Here
Ivanhoe Mines Completes Platreef's Production Shaft 1 at the Tier-One Palladium,in South Africa 3 Copper Gold New Mining Projects 

Ivanhoe Mines Completes Platreef’s Production Shaft 1 at the Tier-One Palladium,in South Africa

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 Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President, Marna Cloete, announced today at the African Mining Indaba Conference, the completion of the Shaft 1 production changeover at the company’s tier-one Platreef palladium, rhodium, nickel, platinum, copper and gold project in South Africa. Shaft 1 will serve as Platreef’s initial production shaft and is approximately 450 metres away from the first high-grade area of the Flatreef orebody scheduled to be mined during Phase 1 production. On April 22, 2022, Ivanplats celebrated the first blast at Platreef’s 950-metre level,… Read More Here
Civil society accuses Minister of Mines and Portfolio of having signed a leonine contract transferring mining assets recovered from Dan Gertler to a Canadian company 4 Mining in DRC 

Civil society accuses Minister of Mines and Portfolio of having signed a leonine contract transferring mining assets recovered from Dan Gertler to a Canadian company

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The collective of civil society organizations that participated in the round table organized by the Presidency of the Republic on the agreement signed between the DRC and the Ventora group of the economic operator Dan Gertler, denounces the signing of a one-sided contract in the Congolese mining sector.  According to information from this collective, the Ministers of Mines and Portfolio proceeded on May 5 to the signing of a “leonine” contract, ceding over the counter to an unknown in the mining sector, the Canadian company AJN Resources belonging to the… Read More Here
Sandvik to acquire mining part of Schenck Process Group 5 Equipment & Technology International Mining technology 

Sandvik to acquire mining part of Schenck Process Group

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Sandvik has signed an agreement to acquire the mining related business of Schenck Process Group (SP Mining). SP Mining is one of the market leaders in screening, feeding and screening media solutions in the industry. The company will be reported in Stationary Crushing and Screening, a division in Sandvik Rock Processing Solutions (SRP). “I am pleased that we continue to execute on our shift to growth strategy by expanding our core offering in a profitable niche, as well as strengthening the aftermarket share within rock processing. This validates our strategy… Read More Here
Kabuswe reiterates Zambia’s commitment to revamp mining sector 6 Mining in Zambia 

Kabuswe reiterates Zambia’s commitment to revamp mining sector

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Minister of Mines and Minerals Development, Paul Kabuswe, has reiterated the government’s commitment to reviving the mining sector in Zambia and make it responsive to the needs of the country. Mr. Kabuswe says Zambia is a major player in the mining sector in Africa hence the need to put in place effective policy measures that will make the industry viable and contribute positively to the country’s economic agenda. He told ZANIS in an interview in Cape Town, South Africa yesterday that this is why the government will continue to interact… Read More Here
Vedanta offers Zambia investment commitments if handed back KCM 7 Copper Mining Companies Mining in Zambia 

Vedanta offers Zambia investment commitments if handed back KCM

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Vedanta Resources has offered to step up investment in Zambia’s Konkola Copper Mines (KCM) and implement several social responsibility programmes if it resumes control of the local firm, a company letter sent to the government showed. Zambia’s previous government put KCM into the hands of liquidator Milingo Lungu in May 2019, triggering an ongoing legal dispute with Vedanta Resources, KCM’s parent company. The government accused Vedanta of failing to honour licence conditions, including promised investment. Vedanta has repeatedly denied KCM broke the terms of its licence. In a leaked letter addressed to… Read More Here
Copper price slips as US dollar hits 20-year high 8 Copper International 

Copper price slips as US dollar hits 20-year high

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The copper price fell on Friday as the US dollar rose to a 20-year high and as global equities tumbled on worries over a higher interest rate environment hurting global growth. Copper for delivery in July fell 0.5% from Thursday’s settlement price, touching $4.26 per pound ($9,391 per tonne) midday Friday on the Comex market in New York. The most-active June copper contract on the Shanghai Futures Exchange fell 1.3% to 72,100 yuan ($10,783.89). The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point,… Read More Here
Anglo American puts world’s largest hydrogen truck to work 9 Equipment & Technology International Mining technology 

Anglo American puts world’s largest hydrogen truck to work

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Anglo American (LON: AAL) unveiled on Friday its first self-developed green-hydrogen powered truck at the Mogalakwena platinum mine South Africa, where it will eventually replace a fleet of 40 vehicles consuming each nearly a million liters of diesel a year.  The 2,000-kilowat hydrogen-battery hybrid haul truck, which is currently the world’s largest hydrogen-powered vehicle of its kind in operation, can carry a 290-tonne payload. The trucks, part of the company’s nuGen zero emissions haulage initiative, use power from a 140-megawatt solar plant that powers the hydrogen-producing mechanism. The project, expected to be… Read More Here
MINE GEOLOGIST | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 10 Mining Careers Mining in Zambia 

MINE GEOLOGIST | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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Category: Mine Geology | Requisition number: 096078| Location: Lumwana Mine, Kalumbila Zambia. | Report: Project Geologist Apply now Position: Mine Geologist  Lumwana Mine, Kalumbila, Zambia. Reporting to: Project Geologist Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the Northwestern region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km south west of the provincial capital of Solwezi. The mine is a multi-pit, multi staged operation mining approximately 100MT of ore and waste per annum and producing copper concentrates containing an average of 120,000 tonnes… Read More Here

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