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DRC: SOKIMO and Turkish giant SIDIA agree to relaunch mining activities in Haut-Uélé 1 Mining in DRC Mining Companies 

DRC: SOKIMO and Turkish giant SIDIA agree to relaunch mining activities in Haut-Uélé

The Société Minière de Kilo-Moto (SOKIMO) and the Turkish giant SIDIA plan to relaunch its mining activities in the province of Haut-Uélé. The Director General of SOKIMO, John Mwengu Kadi, accompanied by the Turkish delegation, discussed this subject, on Friday April 1, 2022, with the Governor of the province Christophe Baseane Nangaa. At the end of the meeting, the Director General of SOKIMO indicated that the partner should get to work shortly. “  We came with the Turkish partner SIDIA who came to work with SOKIMO whose work is starting shortly. You… Read More Here
Copper industry needs USD 100 million investment to meet global demand 2 Copper International 

Copper industry needs USD 100 million investment to meet global demand

The global copper industry needs to spend more than $100 billion to build mines capable of closing what could be an annual supply shortfall of 4.7 million tonnes by 2030, Erik Heimlich said this week. Head of Base Metals Sourcing at CRU. Speaking at the CRU 2022 World Copper Conference held in Santiago, Chile, the analyst said the supply shortfall for the next decade is estimated at six million tonnes per year, while as the clean energy and electric vehicle sectors grow. This means the world would need to build… Read More Here
KCM is one of the mining companies in which ZCCM-IH has key interest-Mines Minister 3 Copper Mining Companies Mining in Zambia 

KCM is one of the mining companies in which ZCCM-IH has key interest-Mines Minister

Minister of Mines and Minerals Development Paul Kabuswe has updated Parliament on the status of Konkola Copper Mines (KCM) liquidation process. In a ministerial statement, Mr. Kabuswe said the liquidation of KCM has come with the task of sustaining mine operations by implementing several funding and strategic initiatives. Mr. Kabuswe said KCM has been split into two subsidiary companies namely KCM Smelterco Limited and KCM Mineral Resources Limited (KMR) with two separate management structures and employee arrangements. He said the splitting of KCM resulted in transferring of 5,588 employees from… Read More Here
Copper prices slip on China's gloomy factory activity data 4 Copper International 

Copper prices slip on China’s gloomy factory activity data

Copper prices dropped on Friday as demand worries rose after data showed factory activity in top metals consumer China slumped last month at the fastest pace in two years, with a firm US dollar also weighing on sentiment. Other base metals also fell as investors were cautious ahead of a key US jobs report later in the day that could cement the potential for a 50 basis-point Federal Reserve interest rate hike next month. Three-month copper on the London Metal Exchange was down 1.2% at $10 256/t, as of 07:07 GMT, after… Read More Here
ENVIRONMENT INTERN | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA 5 Mining Careers Mining in Zambia 

ENVIRONMENT INTERN | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

Category: Engineering | Requisition number: 095681| Location: Lumwana Mine, Kalumbila Zambia. | Report: Senior Environmental Officer Apply now Lumwana Mining Company Limited (LMC), a copper mining company owned by Barrick Gold Corporation is situated in the Northwestern region of Zambia, some 300 km west of the Zambian Copperbelt and 95 km southwest of the provincial capital of Solwezi. The mine is a multi-pit, multi staged operation mining approximately 100MT of ore and waste per annum and producing copper concentrates containing an average of 120,000 tonnes of copper metal per year over a twenty (20) year mine… Read More Here
Chinese and African miners Mining in DRC Mining Careers 

SUPERINTENDENT CHINA RELATIONS | MINING CAREERS AT MMG, KINSEVERE, DRC

 Requisition number: 499135| Location: Kinsevere DRC Apply now MMG Limited is a publicly-listed global base metal mining company recognized as a leading producer of copper and zinc. As an international business, MMG strives to create an inclusive culture by bringing together people from diverse backgrounds and experiences. We recognize the unique value your contribution makes to the progress of our company and the communities in which we operate. We are currently looking for an experienced person to occupy the position of Superintendent China Relations and support the GM office function. Reporting to the Chief… Read More Here
Sandvik gets low with Toro LH208L 6 Equipment & Technology International Mining technology 

Sandvik gets low with Toro LH208L

Swedish equipment maker Sandvik plans to target South Africa with its upgraded Toro LH208L low-profile loader. Sandvik said the LH208L has an equipment height of just 1.6 meters but high payload capacity of 7.7 tonnes, enabling it to operate efficiently in conditions where working height is extremely limited. The loader features integrated weighing system IWS, which measures the payload when lifting the boom, as well as the number of buckets filled during a shift and traction control, and traction control. The loader is equipped with a robust Deutz 140 kW Stage… Read More Here
Metso Outotec wins India pellet plant order 7 Equipment & Technology International Mining technology 

Metso Outotec wins India pellet plant order

Finnish mining equipment maker Metso Outotec has secured another order in India for an iron ore grate kiln pellet plant, this time for a plant operated by Jindal Steel Odisha in the east of the country. Metso Outotec said the plant is located in the industrial city of Angul, in eastern India. The value of the order is €30 million (US$33 million), and it has been booked in Metals’ Q1/2022 orders received. Metso Outotec’s scope of delivery consists of engineering and the supply of major equipment, including the traveling grate,… Read More Here
World: slightly up, a tonne of cobalt is trading at 81,840 USD as of March 31, 2022 8 Cobalt Mining in DRC 

World: slightly up, a tonne of cobalt is trading at 81,840 USD as of March 31, 2022

As of March 31, 2022, a tonne of cobalt recorded a slight price increase on the international market. According to the London Metal Exchange (LME), which is the global industrial center for metals trading, a tonne of cobalt is trading at 81,840.00 US dollars at the end of March 2022 against 81,690.00 USD last week.Thus, cobalt recorded a positive price gap of around USD 150 during this period. In the Democratic Republic of Congo (DRC), projections by experts from the National Commission on Mercurial Prices of the Ministry of Foreign… Read More Here
The DRC Battery Council: Building the sustainable battery supply chain of tomorrow 9 Battery Metals Mining in DRC 

The DRC Battery Council: Building the sustainable battery supply chain of tomorrow

“The country’s mining sector currently accounts for 98% of exports, 18% of GDP and 11% of jobs. If the DRC captures 20% of the market share for battery production, it will add around US$54 billion to its income and raise its GDP tremendously,” says UN Under-Secretary-General Vera Songwe. Africa is a resource-rich continent, home to some 30% of the world’s known mineral reserves, including 40% of known gold and up to 90% of chromium and platinum reserves. For centuries, this mineral wealth has been extracted by foreign nations or companies… Read More Here

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