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The DRC President wants to renegotiate the mining contract of Mutanda Mining, a subsidiary of Glencore 1 Copper Cobalt Mining Companies Mining in DRC 

The DRC President wants to renegotiate the mining contract of Mutanda Mining, a subsidiary of Glencore

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The Democratic Republic of Congo has added Glencore’s subsidiary, namely Mutanda Mining (MUMI), to the ongoing process of renegotiating mining contracts. The decision to investigate Mutanda comes as President Félix Tshisekedi makes no secret of his intention to review extractive deals made under his predecessor, Joseph Kabila. Already, the Presidency of the Republic is reviewing the copper and cobalt projects of Tenke Fungurume, a company controlled by China Molybdenum Co. and China Railway Group. It is in the same context that the recent agreement concluded between the DRC and the Israeli billionaire… Read More Here
ARTISAN, FITTER | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 2 Mining Careers Mining in Zambia 

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

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Requisition Number: JR5292 | Contract Type: Fixed Term | Country: Zambia  Location: Solwezi   Category: Engineering Apply now Job description: JOB DESCRIPTION Job title:                                             Artisan Fitter, Primary Smelting   Site:                                                    Kansanshi Mining Plc                 Department:                                        Smelter Engineering                   Section:                                              Mechanical, Primary Smelter                   Position reports to:                            Senior Supervisor – Mechanical   Grade:                                                                          Direct reports:                                    N/A        Purpose To carry out Preventive and Corrective Maintenance activities on all Hot Metals (ISA, MSEF, WHB, ESP) Smelting equipment under the general guidance of the section’s supervisor(s). Key Responsibilities This position will be required to adhere to all relevant requirements, policies, procedures and legal regulations pertaining to health, safety, environment and quality,… Read More Here
SHIFT BOSS, PRODUCTION- BLASTING | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 3 Mining Careers Mining in Zambia 

SHIFT BOSS, PRODUCTION- BLASTING | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

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Requisition Number: JR 5261| Contract Type: on-going | Country: Zambia  Location: Solwezi   Category: Mining Apply now Job description: PURPOSE The Shift Boss is responsible for the safe, efficient and productive supervising of blast holes within the surface mining operation. The incumbent will also be responsible for assisting the Mine Captain in providing Technical Support to the Drilling Operations Team(s) and oversight to all blasting activities in line with the Mining Explosives Act and MR 213. KEY RESPONSIBILITIES Supervise, co-ordinate and schedule the activities of blast workers including requisition materials, supplies, equipment parts, or repair services Train workers in… Read More Here
Metso orders increase 29% in March quarter 4 Equipment & Technology Mining technology 

Metso orders increase 29% in March quarter

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Orders to Finnish machinery company Metso Outotec jumped by 29% in the March quarter to €1.42 billion. The increase in orders was driven by high commodity prices and production rates in the mining sector. Sales increased 26% to €1.16 billion, while operating profit increased 53% to €139 million. Adjusted EBITDA for the quarter grew 37% to €157 million. Costs increased on raw materials, components, freights, and energy throughout the March quarter, but the company was able to mitigate those costs better than it had in the second half of 2021.… Read More Here
CNPAV statement regarding the round table agreement between the Ventora group of Dan Gertler and the DRC 5 Mining in DRC 

CNPAV statement regarding the round table agreement between the Ventora group of Dan Gertler and the DRC

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Participation in the work of the round table On April 12, 2022, the Office of the President of the Republic invited representatives of civil society to the feedback round table on the amicable settlement agreement for all disputes between the DRC and the Ventora group of economic operator Dan Gertler. Representatives of seven member organizations of the  Congo is not for sale coalition  (CNPAV) coalition were invited.1 During the said round table which was held on April 13-14, 2022, the Deputy Director of Cabinet of the President of the Republic André Wameso, main… Read More Here
Copper rebounds after miners report sliding production 6 Copper International 

Copper rebounds after miners report sliding production

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Copper prices bounced on Thursday after a spate of production problems that threaten to cut supply, including a state of emergency in Peru, the world’s second biggest producer. Benchmark three-month copper on the London Metal Exchange (LME) added 0.6% to $10 280/t in official open-outcry trading after two days of losses. “We’ve seen several reports this week from some of the major miners that they are struggling with diesel costs, steel costs, input costs in general, making it much more of a challenge to maintain production,” said Ole Hansen, head of commodity strategy at… Read More Here
𝐁𝐎𝐓𝐒𝐖𝐀𝐍𝐀 𝐔𝐑𝐀𝐍𝐈𝐔𝐌 𝐃𝐑𝐄𝐀𝐌 𝐑𝐄𝐒𝐔𝐑𝐅𝐀𝐂𝐄𝐒 𝐀𝐒 𝐏𝐑𝐈𝐂𝐄𝐒 𝐆𝐑𝐀𝐃𝐔𝐀𝐋𝐋𝐘 𝐏𝐈𝐂𝐊 𝐔𝐏 7 Uranium 

𝐁𝐎𝐓𝐒𝐖𝐀𝐍𝐀 𝐔𝐑𝐀𝐍𝐈𝐔𝐌 𝐃𝐑𝐄𝐀𝐌 𝐑𝐄𝐒𝐔𝐑𝐅𝐀𝐂𝐄𝐒 𝐀𝐒 𝐏𝐑𝐈𝐂𝐄𝐒 𝐆𝐑𝐀𝐃𝐔𝐀𝐋𝐋𝐘 𝐏𝐈𝐂𝐊 𝐔𝐏

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Botswana Uranium deposits are some of the largest inthe World.– A-Cap suspended some onsite works back in 2018, due to low Uranium prices.– Work has now resumed after a positive signal from global Uranium prices. 𝑻𝒉𝒆 𝑷𝒓𝒐𝒋𝒆𝒄𝒕𝒔 | 𝑼𝒓𝒂𝒏𝒊𝒖𝒎 The Letlhakane Uranium Project is one of the world’s largest (global top 10) undeveloped Uranium Deposits. Though named Letlhakane, the project is located near Serule, adjacent to Botswana’s main North-South infrastructure corridor that includes a sealed all-weather highway (the A1 Highway), railway line and the national power grid, all of which… Read More Here
Fuel prices set to affect number of investors willing to invest in the mining sector- Zambia 8 Mining in Zambia Energy 

Fuel prices set to affect number of investors willing to invest in the mining sector- Zambia

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The Emeralds and Semi-Precious Stones Mining Association of Zambia-ESMAZ have stated that due to the high cost of fuel, the mining sector is expected to attract low investment this year. The increase in fuel prices, according to Association President Victor Kalesha, will reduce the number of investors willing to invest in the mining sector because mining is a high-cost venture, and an increase in fuel prices will result in higher production costs. In an exclusive interview, Kalesha said that artisanal small-scale miners and other small-scale miners had hoped that the… Read More Here
1kg gold bar climbs to 63,812.04 USD on the international market as of April 20, 2022 9 Gold International 

1kg gold bar climbs to 63,812.04 USD on the international market as of April 20, 2022

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The price of gold on the international market continues to thwart the projections of experts in this field. Contrary to projections by the National Mercurial Commission of the Ministry of Foreign Trade of the DRC, the quotation of gold on the stock exchange as of April 20, 2022 stood at 63,812.04 USD for the gold bar of 1 kilogram on the international market. On the Antwerp Stock Exchange, the 1 kilogram gold bar trades at €59,000.00 or US$63,771.92. According to the release of the National Commission of Mercurials, for the… Read More Here
Musk appeals for more lithium production to meet battery demand 10 Battery Metals Lithium 

Musk appeals for more lithium production to meet battery demand

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Tesla Inc. Chief Executive Officer Elon Musk made a public appeal for more investment in lithium mining to close what he sees as a yawning gap between supply and demand that’s being fueled by the adoption of electric vehicles. Battery production, and more specifically lithium, is the “fundamental limiting factor” for electric-vehicle adoption worldwide, Musk said on an earnings call with investors Wednesday. “We think we’re going to need to help the industry on this front,” Musk said. “I’d certainly encourage entrepreneurs out there who are looking for opportunities to… Read More Here

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