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𝐁𝐎𝐓𝐒𝐖𝐀𝐍𝐀 𝐔𝐑𝐀𝐍𝐈𝐔𝐌 𝐃𝐑𝐄𝐀𝐌 𝐑𝐄𝐒𝐔𝐑𝐅𝐀𝐂𝐄𝐒 𝐀𝐒 𝐏𝐑𝐈𝐂𝐄𝐒 𝐆𝐑𝐀𝐃𝐔𝐀𝐋𝐋𝐘 𝐏𝐈𝐂𝐊 𝐔𝐏

April 21, 2022April 21, 2022 admin

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

Mining in Zambia Energy

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

April 21, 2022April 21, 2022 admin

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

Gold International

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

April 21, 2022April 27, 2022 admin

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

Battery Metals Lithium

Musk appeals for more lithium production to meet battery demand

April 21, 2022April 21, 2022 admin

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

Equipment & Technology Mining technology

Metso Outotec to deliver 100th Anode innovation

April 21, 2022April 21, 2022 admin

Finland-based mining technology manufacturer Metso Outotec will deliver its 100th Anode Casting Shop to PT Smelting’s (PTS) copper smelter in Gresik, East Java, Indonesia. Sami Maaniittu, director of Anode Casting at Metso Outotec, described the Gresik project as a milestone and said the system to be delivered to PTS is one of the world’s largest Twin Wheel Anode Casting Shops with a guaranteed capacity of 120 tonnes per hour. “We started the development and testing of automatic anode casting already in 1969 in Harjavalta, Finland,” Maaniittu said. “Before that, castings were… Read More Here

Mining in DRC Copper Equipment & Technology

Epiroc to accelerate DRC copper project

April 21, 2022April 21, 2022 admin

Sweden-based supplier Epiroc has won an order from Kamoa Copper for mining equipment that will be used at a large underground mine in the Democratic Republic of Congo (DRC). The company said Kamoa Copper had ordered Minetruck MT65 haulers, the world’s highest payload underground truck in the field, and Scooptram ST18 loaders and Boomer 282 face drilling rigs but did disclose the quantity. The machines will be used at the Kamoa-Kakula mine, where Epiroc will also provide on-site technical support and operator training. The mine is projected to become one of… Read More Here

Uncategorized

President Cyril Ramaphosa to attend Mining Indaba 2022

April 21, 2022April 21, 2022 admin

The President of South Africa, President Cyril Ramaphosa, is confirmed to attend the 2022 Investing in African Mining Indaba, taking place in Cape Town from 9 – 12 May 2022. The President will deliver a Keynote Address on Tuesday, 10 May. The President’s attendance, along with Minister of Mineral Resources and Energy Gwede Mantashe, signals the continued importance of mining to the South African economy as a cornerstone creator of value through investment, procurement, job creation and community investment, and its contribution to the fiscus. The industry more than proved… Read More Here

Copper Mining in DRC Zinc

2022 MMG First Quarter Production Result

April 20, 2022April 20, 2022 admin

MMG Limited (MMG) today released its production result for the first quarter of 2022, delivering 79,058 tonnes of copper and 49,736 tonnes of zinc in the three months to 31 March 2022. MMG Interim CEO, Liangang Li said the Company delivered solid production in the first quarter while working to overcome workforce availability in Australia as a result of COVID-19 restrictions. “Copper production in the first quarter was 2% above the prior corresponding period on the back of higher mill throughput and recovery rates at Las Bambas. Zinc production was… Read More Here

Gemstones Emeralds Mining in Zambia

Gemfields achieves record revenue for sold out March/April auction

April 20, 2022April 25, 2022 admin

Gemfields recorded a record $42.3-million in revenue from the sale of emeralds sourced from its Kagem mine in Lufwanyama. This was at auctions of its predominantly commercial-quality rough emeralds held in Jaipur, India, from March 15 to April 1. Of the 32 lots offered – 4.52-million carats in total – all were 100% sold out. Fifty-six companies placed bids and an average price of $9.37/ct was achieved – another record for Kagem’s commercial-quality auctions. Forty such auctions of Kagem-sourced gemstones (emeralds and beryl) hosted by Gemfields since July 2009 have… Read More Here

Mining in DRC Events & Expos

Benoît Pierre Laramée, bearer of an invitation to Mines Minister for participation in the Mining Africa forum in Canada

April 20, 2022April 20, 2022 admin

The National Minister in charge of Mines, Antoinette N’SAMBA KALAMBAYI met in the morning of Tuesday, April 19, 2022, with the Ambassador of Canada accredited to the DRC, Benoît Pierre Laramée in his office in Gombe. For the Canadian diplomat, this meeting allowed him to officially present to the Minister the invitation for a speech at the mining forum to be held in Toronto (Canada) in June. At the end of this audience, Benoît Pierre Laramée had words just to enlighten the knights of the pen. “As you know, Canada… Read More Here