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Copper prices slip on China's gloomy factory activity data 1 Copper International 

Copper prices slip on China’s gloomy factory activity data

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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 2 Mining Careers Mining in Zambia 

ENVIRONMENT INTERN | MINING CAREERS AT BARRICK LUMWANA, ZAMBIA

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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

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 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 3 Equipment & Technology International Mining technology 

Sandvik gets low with Toro LH208L

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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 4 Equipment & Technology International Mining technology 

Metso Outotec wins India pellet plant order

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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 5 Cobalt Mining in DRC 

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

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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 6 Battery Metals Mining in DRC 

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

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“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
DRC: Gécamines has suspended its legal action against China Molybdenum 7 Copper Cobalt Mining Companies Mining in DRC 

DRC: Gécamines has suspended its legal action against China Molybdenum

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Congolese state mining company Gécamines has suspended its legal action against China Molybdenum, which was stripped of control of its giant Tenke Fungurume copper and cobalt mine in the country last month, as authorities seek a solution to a dispute between the companies. The Congolese government announced in August that it had formed a commission to re-evaluate the mine’s reserves and resources in order to “fairly claim (its) rights”. Several Gécamines officials have been named to the commission as the DRC claims it owes it billions of dollars. In February, a… Read More Here
West Kenya Project Resource Increases to 1.55 Moz Gold including 221% Increase in Indicated Ounces 8 Gold 

West Kenya Project Resource Increases to 1.55 Moz Gold including 221% Increase in Indicated Ounces

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Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, is pleased to announce an upgraded mineral resource estimate for the West Kenya Project (“West Kenya”) in Kenya to 1.55 Moz gold, including a 221% increase in Indicated Resource to 378 koz gold grading 11.70 g/t. Highlights in 2021: ·    Total resources at Isulu, Bushiangala, and Ramula deposits increase by 31% to 1.55 Moz; ·    Resources of 1.12 Moz grading 10.80 g/t at Isulu and Bushiangala, of which 34% have been upgraded to Indicated category up from Nil at the… Read More Here
Tharisa acquires Karo platinum project in Zimbabwe 9 Mining Companies 

Tharisa acquires Karo platinum project in Zimbabwe

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Platinum producer Tharisa Plc has acquired a controlling stake in a platinum group metals (PGMs) project in Zimbabwe which will eventually double its output, it said on Thursday. Tharisa exercised an option to increase its stake in Karo Mining Holdings Limited from 26.8% to 66.3% in an all-share deal valued at $27 million. The Karo project, expected to start producing in two years, will produce 150,000 ounces a year of PGMs in concentrate in its first phase, the company said. Prices of PGMs including platinum and palladium have surged since Russia’s invasion… Read More Here

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