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TORO™ LH514BE underground loaders and trucks electric. 1 Equipment & Technology Mining technology 

TORO™ LH514BE underground loaders and trucks electric.

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Toro™ LH514BE is a cable-electric loader, now upgraded with cutting-edge battery technology. During normal operation, it works like a traditional cable-powered loader, while also benefitting from a boost that the battery brings. When the loader needs to be moved to another location, the cable can disconnect from the power grid and use battery power only to drive to its new location or to the maintenance bay. Along with not needing a vehicle to tow the loader to a different area, there is no need for refueling or recharging stations because… Read More Here
Gold price drops as stronger dollar, yields weigh on safe havens 2 Gold International 

Gold price drops as stronger dollar, yields weigh on safe havens

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Gold prices fell over 1% on Tuesday as a stronger US dollar and rising Treasury yields overshadowed inflows into the safe-haven metal. Spot gold dropped 1.1% to $1,957.20 per ounce by 12:45 p.m. ET, erasing its gains from the previous session. US gold futures took a 1.4% hit, trading at $1,959.30 per ounce in New York. Meanwhile, the dollar index scaled an over two-year peak, making gold more expensive for overseas buyers. Elevated US Treasury yields amid expectations that the Federal Reserve will tighten its monetary policy also hampered the non-yielding bullion.… Read More Here
Alphamin kicks off potential sale as tin prices surge 3 International Mining in DRC Tin 

Alphamin kicks off potential sale as tin prices surge

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Alphamin Resources Corp., one of the world’s largest tin miners, has kicked off a potential sale of the company as prices of the metal surge, people with knowledge of the matter said.  Canadian-listed Alphamin, which is working with boutique advisory firm Cutfield Freeman & Co., has sent out marketing materials to prospective bidders, the people said. It has asked for initial offers by the end of the month, according to the people, who asked not to be identified because the information is private. Alphamin jumped 16% to C$1.30 a share… Read More Here
World: up, the ton of tin goes from 43,375.00 USD to 44,448.00 USD this week 4 International Tin 

World: up, the ton of tin goes from 43,375.00 USD to 44,448.00 USD this week

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According to projections by experts from the National Commission for Mercurial Prices of the Ministry of Foreign Trade, the price of tin should experience a significant increase on the international market for the period from April 18 to 23, 2022. According to this table of prices of mining export products from the Democratic Republic of Congo (DRC) the ton of tin should trade at 44,448.00 USD this week against 43,375.00 USD the same quantity the week last. Tin thus records a positive price margin of around 1,073 USD during this… Read More Here
Financing of Electric Battery Project -DRC 5 Battery Metals Cobalt Lithium Mining in DRC 

Financing of Electric Battery Project -DRC

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Antoinette N’SAMBA KALAMBAYI is expected today Wednesday in Haut Katanga. The Head of State will launch the Center of Excellence specialized in training and research in battery chemistry and technology. Indeed, the Democratic Republic of Congo (DRC) aims to become a world leader in the production of electric car batteries, this is what emerged from the statement made by Congolese officials at the opening of the “DRC AFRICA BUSINESS FORUM ” forum organized last year in Kinshasa. The Congolese authorities have, on occasion, highlighted the large deposits of lithium and… Read More Here
Namibian cuprous oxide gemstone could hold key to quantum computers 6 Gemstones 

Namibian cuprous oxide gemstone could hold key to quantum computers

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New research led by the UK’s University of St Andrews found that a special form of light made using an ancient Namibian gemstone could be the key to new light-based quantum computers, which could solve long-held scientific mysteries. In detail, the study found that using a naturally mined cuprous oxide (Cu2O) gemstone from Namibia it is possible to produce Rydberg polaritons, the largest hybrid particles of light and matter ever created. Rydberg polaritons switch continually from light to matter and back again. In Rydberg polaritons, light and matter are like two… Read More Here
The price of gold is close to 2000 USD per ounce on the international market 7 Gold International 

The price of gold is close to 2000 USD per ounce on the international market

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The price of gold hit a five-week high on Monday as war in Europe, high inflation and the risk of a recession in the United States further bolstered demand for the safe-haven asset. Spot gold rose 0.7% to $1,988.15 an ounce at noon ET, closing in on the $2,000 level last seen in early March. US gold futures rose 0.8% to trade at $1,991.00 an ounce in New York. After capping a second weekly gain, bullion soared as high as 1% earlier in the day on higher oil and natural gas… Read More Here
World: the ton of cobalt registers a negative price difference of -20 USD this week 8 Cobalt Mining in DRC 

World: the ton of cobalt registers a negative price difference of -20 USD this week

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The general price trend for mining products exported from the Democratic Republic of Congo (DRC) on the international market is upward for the period from April 18 to 23, 2022. On the other hand, two main mining products exported from the DRC, namely cobalt and copper, recorded a slight drop in price during this period, informs the National Commission of Mercurial Prices of the Ministry of Foreign Trade, which monitors the evolution of the prices of these products. According to this document, a ton of cobalt is expected to trade… Read More Here
Epiroc to supply large order of battery-electric mining equipment to Assmang 9 Equipment & Technology International Mining technology 

Epiroc to supply large order of battery-electric mining equipment to Assmang

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Epiroc says a large fleet of battery-electric mining equipment will be deployed at Assmang Proprietary Ltd’s Black Rock underground manganese mine in the Northern Cape of South Africa after the two companies signed an agreement. Assmang has ordered several of Epiroc’s battery loaders and mine trucks – the Scooptram ST14 Battery and Minetruck MT42 Battery, respectively – for the deployment. The order was booked in the March quarter of 2022 and is valued at SEK120 million ($12.5 million). The order extends Assmang’s and Epiroc’s collaboration to use state-of-the-art solutions for… Read More Here
DRC: civil society organizations reveal the content of the memorandum of understanding between the Congolese State and the Israeli businessman Dan Gertler 10 Mining in DRC 

DRC: civil society organizations reveal the content of the memorandum of understanding between the Congolese State and the Israeli businessman Dan Gertler

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Civil  society organizations unveiled, this Saturday, April 16, the content of the historic memorandum of understanding between the Congolese State and the Israeli businessman Dan Gertler, after having taken part in the work of the Round Table of 13 to April 14, 2022 organized by the Presidency of the Republic at the Pullman Hotel in Kinshasa on the return of mining and oil assets by the Ventora Group to the DRC.  These NGOs which encourage the openness of the Presidency of the Republic to communicate on the Amicable Settlement Agreement with… Read More Here

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