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Zambia “very close” to picking investor for Mopani copper mine

April 26, 2022April 26, 2022 admin1 Comment

Zambia’s government is close to finding a private investor for Mopani Copper Mines, President Hakainde Hichilema said on Monday, in order to ramp up production at the mine, one of the biggest in the country. Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021 and has been looking ever since for a new investor for the mine, which needs significant investment to increase output. “We believe that with Mopani Copper Mines we are very close but I don’t want to be overambitious,” Hichilema told… Read More Here

Mining technology Equipment & Technology International

Anglo’s newly named nuGen™ hydrogen powered mining truck set for May 6 launch

April 25, 2022April 25, 2022 admin

The launch of Anglo American’s hydrogen-powered ultraclass mine haul truck – newly named nuGen™ – has been set for May 6, 2022 at Anglo Platinum’s Mogalakwena open pit platinum operation in Limpopo Province, South Africa. The final achievement of first public movement of the truck, a converted 291 t class Komatsu Mining 930E, will be a huge moment for Anglo’s lowcarbon transition and Scope 1 and 2 emissions reduction plans as it works towards its stated interim target of 30% reduction in GHG emissions by 2030, including eight sites carbon neutral by that date. The truck is strictly speaking not purely powered by hydrogen – it is an FCEV truck… Read More Here

Equipment & Technology International Mining technology

Etteplan on board Epiroc’s Minetruck MT42 battery-trolley project

April 25, 2022April 25, 2022 admin

Finland-based engineering firm, Etteplan says it is collaborating with Epiroc to enable fossil free underground heavy transportation without interruptions and, more specifically, helping redesign its Minetruck MT42 Battery into an electric trolley system. As part of a strategic partnership project that started in 2021, Etteplan’s offices in Finland and Sweden are providing what it says are crucial resources and expertise in the development, helping secure a timely progress of the project. It is providing technical expertise for battery technology, machine electrification, electrical design, system requirements and safety risk assessment. Last… Read More Here

Mining in DRC

CNPAV regrets inclusion of clause obliging the Congolese state to plead for the lifting of US sanctions against Dan Gertler and his affiliates.

April 25, 2022April 25, 2022 admin

The coalition Le Congo Is Not For Sale (CNPAV) reveals that the Democratic Republic of Congo has pledged to assist Israeli businessman Dan Gertler in lifting US sanctions against him and his affiliates, through the Memorandum of Understanding signed with the Ventora Group. This coalition of NGOs made this revelation in its statement of April 21, 2022. This, after having participated in the round table of restitution on the agreement for the amicable settlement of all disputes between the DRC and the Ventora group of l economic operator Dan Gertler, organized… Read More Here

Copper Cobalt Mining Companies Mining in DRC

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

April 25, 2022April 25, 2022 admin1 Comment

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

Mining Careers Mining in Zambia

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

April 22, 2022April 22, 2022 admin

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

Mining Careers Mining in Zambia

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

April 22, 2022April 22, 2022 admin

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

Equipment & Technology Mining technology

Metso orders increase 29% in March quarter

April 22, 2022April 22, 2022 admin

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

Mining in DRC

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

April 22, 2022April 22, 2022 admin

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 International

Copper rebounds after miners report sliding production

April 21, 2022April 21, 2022 admin

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