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Caledonia sets new production benchmark, suffers fatality in first quarter 1 Gold 

Caledonia sets new production benchmark, suffers fatality in first quarter

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Caledonia Mining’s Blanket mine, in Zimbabwe, produced 18 515 oz in the first quarter of this year – a record for any first quarter and up 40% from the 13 197 oz produced in the first quarter of 2021. For the full-year, the miner expects to produce between 73 000 oz and 80 000 oz of gold. CEO Steve Curtis says the 18 515 oz is ahead of Caledonia’s expectations and reflects the increased capacity at Central Shaft. “The ramp-up in production towards our quarterly target of 20 000 oz means that we are… Read More Here
Epiroc, SSAB to build carbon-free value chain 2 Equipment & Technology International Mining technology 

Epiroc, SSAB to build carbon-free value chain

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Sweden-based mining equipment manufacturer Epiroc has launched a partnership with steelmaker SSAB to secure fossil-free steel for use in its mining equipment as part of a broader push to cut carbon emissions. SSAB is working to deliver fossil-free steel to the market at a commercial scale in 2026. It delivered the first steel made of hydrogen-reduced iron in 2021. The company works with iron producer LKAB and energy company Vattenfall as part of the HYBRIT initiative to develop a value chain for fossil-free iron and steel production, replacing coking coal… Read More Here
World: down, the price of cobalt drops to 81,579.00 USD per ton this week 3 Mining in DRC Cobalt 

World: down, the price of cobalt drops to 81,579.00 USD per ton this week

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The general trend of mining products exported from the Democratic Republic of Congo (DRC) is bearish on the international market for the week from April 11 to 16, 2022. This is reported in the press release from the National Commission of Mercurial Prices of the Ministry of Foreign Trade, which assesses weekly the evolution of the prices of mining and agricultural products exported from the DRC. According to this press release, cobalt is expected to fall in the market to trade at 81,579.00 USD per ton this week against 82,067.00… Read More Here
Market: copper down slightly but its price remains very profitable at 10,331 USD per ton 4 Copper Cobalt Mining in DRC Zinc 

Market: copper down slightly but its price remains very profitable at 10,331 USD per ton

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The DRC’s mining export products continue to record an upturn in prices on the international market in this week from April 11 to 16, 2022, inform the projections of the National Commission of Mercurial Prices of the Ministry of Foreign Trade. Although showing a slight drop of barely 1 US dollar, copper remains very profitable on the market. It is trading at 10,331.95 USD per ton this week against 10,332.95 USD per ton last week. Cobalt also experienced a drop this week and sold at 81,579.00 USD per ton against 82,067.00… Read More Here
𝐌𝐈𝐍𝐈𝐍𝐆 𝐂𝐎𝐌𝐌𝐄𝐍𝐂𝐄𝐒 𝐀𝐓 𝐌𝐎𝐓𝐇𝐄𝐎 𝐂𝐎𝐏𝐏𝐄𝐑 𝐌𝐈𝐍𝐄 𝐈𝐍 𝐆𝐇𝐀𝐍𝐙𝐈 5 Copper Equipment & Technology 

𝐌𝐈𝐍𝐈𝐍𝐆 𝐂𝐎𝐌𝐌𝐄𝐍𝐂𝐄𝐒 𝐀𝐓 𝐌𝐎𝐓𝐇𝐄𝐎 𝐂𝐎𝐏𝐏𝐄𝐑 𝐌𝐈𝐍𝐄 𝐈𝐍 𝐆𝐇𝐀𝐍𝐙𝐈

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This morning Sandfire Resources provided a pictorial update of progress at its Motheo Copper Mine in Ghanzi. First pre-strip material has been mined at the T3 Open Pit deposit, approximately one week ahead of schedule against the project execution plan. The start of open pit mining by Sandfire’s contracting partner, African Mining Services (AMS), a division of Perenti Global Limited (ASX: PRN), marks another important milestone towards the start of copperproduction mid 2023. AMS and their Equipment Partners, Caterpillar, Hitachi and Sandvik have commenced mining ahead of schedule having successfully… Read More Here
World: the main mining products exported from the DRC are on the rise 6 Mining in DRC Cobalt Copper 

World: the main mining products exported from the DRC are on the rise

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The price of the main mining products exported from the Democratic Republic of Congo on the international market remains at a very significant remunerative level, indicates the Central Bank of Congo (BCC) in its weekly information note. According to the Central Bank of the Democratic Republic of Congo, this increase in the price of mining products is due to a high level of world demand, but above all to the impact of the Russian-Ukrainian conflict. Holding more than 50% of the world’s cobalt reserves, the price of which continues to… Read More Here
Goldman Sachs sees new all-time high for copper price by mid-year 7 Copper International 

Goldman Sachs sees new all-time high for copper price by mid-year

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After a brief but glorious spike above $5 a pound, or $11,000 a ton a month ago, copper prices have retreated, with New York futures trading either side of the bar of 4.70 dollars per pound (10,362 dollars per ton). The intraday record set on March 7 came on the heels of historically low global inventories of the flagship metal and in a research report on Thursday, Goldman Sachs said copper was “sleepwalking towards a stock-out”. This isn’t the first such warning from Goldman, which is the most bullish investment… Read More Here
Deep-South to acquire up to 80% of three copper exploration licences in Zambia 8 Copper Mining in Zambia 

Deep-South to acquire up to 80% of three copper exploration licences in Zambia

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Mineral exploration and development company Deep-South Resources has signed a definitive earn-in agreement with Word Class Minerals Venture (WCMV) to acquire up to 80% of three copper exploration licences in the Zambian Copper belt. “While reinstating the licence over the Haib copper project, in Namibia, remains our number one priority, we are very enthusiastic about the option to acquire these strategically well situated licences in the heart of one of the most prolific copper belts in the world,” says Deep-South chairperson John Akwenye. The transaction includes the licences for the Luanshya… Read More Here
Cat launches greener generator 9 Equipment & Technology International Mining technology 

Cat launches greener generator

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US equipment maker Caterpillar has launched a new mobile generator set called the 310 kVA Cat XQP310 that meets the EU’s Stage V’s emission standards for engines used in non-road mobile machinery. The mobile unit can run on renewable diesel fuel, has 12% more power than its predecessor, and can be used for 50 and 60 Hz applications across a range of voltages, said the company. “As construction and mining activities rebound worldwide, the Cat XQP310 demonstrates how we are expanding our portfolio of mobile power solutions to deliver the… Read More Here
ARTISAN,ELECTRICIAN,AUTO | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA 10 Mining in Zambia Mining Careers 

ARTISAN,ELECTRICIAN,AUTO | MINING CAREERS AT FQM, SOLWEZI, ZAMBIA

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Requisition Number: JR5240 | Contract Type: Fixed Term | Country: Zambia  Location: Solwezi   Category: Engineering Apply now Job description: Job Purpose Responsible for the execution of all auto electrical work and Air-conditioning repairs on various vehicles, Earth moving machineries and ancillary equipment in a safe and timely manner to client standards and specifications. Responsibilities Perform auto electrical work on vehicles and heavy equipment machinery vehicles Design and build auto electrical systems required to support operational functions Prepare wiring diagrams and specifications for low voltage electrical equipment applications Inspect electrical systems, equipment, and components to identify hazards, defects,… Read More Here

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