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Deep-South to acquire up to 80% of three copper exploration licences in Zambia 1 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 2 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 3 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
DRC: oil companies offer government strategies to avoid fuel shortages 4 Mining in DRC Oil & Gas 

DRC: oil companies offer government strategies to avoid fuel shortages

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The Prime Minister, Jean-Michel Sama Lukonde, gathered around him, on Wednesday April 6 at the Hôtel du Gouvernement, the oil operators working in the DRC, the Minister of Hydrocarbons, the Minister of Communication and Media and all the other Ministers who are members of the Government’s ECOFIN commission, to examine the issue of fuel supply with a fine-toothed comb at this time when international trade is disrupted following the Russo-Ukrainian conflict. According to the Minister of Communication and Media, the Government of the Republic has taken the fuel issue head… Read More Here
Liebherr and BHP strike engine integration deal 5 Equipment & Technology Mining technology 

Liebherr and BHP strike engine integration deal

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Germany-based equipment manufacturer Liebherr has signed an agreement with Australian miner BHP to integrate its engines into BHP’s existing R 9600 600-tonne excavator fleet at the South Flank mine in Western Australia. The integration follows intensive factor and field validations on the D98 engine series, which includes a two-year validation study at BHP’s Jimblebar mine. Liebherr said the D98 series completes the existing Liebherr engine portfolio for mining equipment by expanding into the upper power range. The company noted that the D98 series engine offers low fuel consumption and consequence… Read More Here
Gold price seesaws ahead of Fed meeting minutes release 6 Gold International 

Gold price seesaws ahead of Fed meeting minutes release

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Gold prices seesawed in a narrow range on Wednesday with concerns over high inflation amid mounting sanctions on Russia buoying prices, though its gains are countered by expectations of an aggressive interest rate hike by the US Federal Reserve. Spot gold lowered by 0.1% to $1,920.87 per ounce by 1:50 p.m. ET. US gold futures were down the same percentage point, trading at $1,925.20 an ounce. “Inflation fears and the inflation data we’ve been seeing is what’s keeping gold up,” said RJO Futures senior market strategist Bob Haberkorn,  in a… Read More Here
British firm plans to invest $100 million in Zambia mine expansion 7 Mining in Zambia Copper Mining Companies 

British firm plans to invest $100 million in Zambia mine expansion

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Britain’s Moxico Resources plans to invest $100 million to expand its majority-owned Mimbula copper mine in Zambia, UK Minister for Africa Vicky Ford said on Wednesday. The investment will create new jobs and increased tax revenues for Zambia’s government, Ford said in a statement released by the British High Commission in Zambia while she was on a visit to the country. Ford was visiting Zambia to launch a new investment model, which she said marked a key moment for Britain’s financing of private sector growth and infrastructure across Africa. “We are committed… Read More Here
Alphamin's shares rise on expected increase in first-quarter Ebitda 8 Mining in DRC Tin 

Alphamin’s shares rise on expected increase in first-quarter Ebitda

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Tin miner Alphamin Resources’ share price on the JSE rose by more than 9% on April 5 after the company announced that it expected to report record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $98-million for the quarter ended March 31 – a 32% quarter-on-quarter improvement. Contained tin production of 3 061 t was in line with the previous quarter. Underground mining continued to deliver steady results and processing plant recoveries increased to 78% from 75% in the prior quarter. Contained tin sales increased by 9% quarter-on-quarter to 3 336 t at an… Read More Here
Sandvik introduces short-term rental service in USA 9 Equipment & Technology International 

Sandvik introduces short-term rental service in USA

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Sandvik Mining and Rock Solutions has announced it is entering the US market with a structured rental offering that, it says, meets the needs of customers that are looking for short term, off-balance sheet solutions to fill production gaps or expand their operations, but at minimal risk. Building on the success and learnings of its short-term rental service in Europe, Sandvik’s new US offering sees machines rented from as little as just one month. Working in partnership with its dealer network – who tend to favour longer-term rentals – Sandvik is… Read More Here
Epiroc adds third automated loader to LKAB’s fleet in Kiruna mine 10 Equipment & Technology Mining technology 

Epiroc adds third automated loader to LKAB’s fleet in Kiruna mine

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Thanks to strong results and outstanding support, LKAB says it is investing in another Scooptram ST18 from Epiroc. The order means that LKAB will have three Epiroc loaders working in the Kiruna mine where they run autonomously approximately 90% of the time. “We have a strong collaboration with Epiroc and are very pleased to see that our development curve points strongly upwards thanks to the automated fleet of loaders,” said Magnus Lindgren, Production Manager at LKAB’s Control Central in the Kiruna mine in northern Sweden. LKAB is Europe’s largest iron-ore… Read More Here

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